Global Equipment Gasket and Seal Materials Market Growth (Status and Outlook) 2024-2030
Equipment Gasket and Seal Materials are designed to help manufacturers follow stringent specifications and regulations while also maintaining performance effectiveness. They also aid in regulating pollutants and reducing the likelihood of unplanned downtime. The tightening of pollution rules is one of the main factors projected to enhance product demand in the automotive industry. In the industrial sector as well, advanced power transmission seals are being developed with the expectation that, in comparison to conventional sealing parts, they will dramatically reduce power loss in drive assemblies. These seals have modern designs and special materials that work well under high pressure.
The global Equipment Gasket and Seal Materials market size is projected to grow from US$ 68300 million in 2024 to US$ 88850 million in 2030; it is expected to grow at a CAGR of 4.5% from 2024 to 2030.
LPI (LP Information)' newest research report, the “Equipment Gasket and Seal Materials Industry Forecast” looks at past sales and reviews total world Equipment Gasket and Seal Materials sales in 2022, providing a comprehensive analysis by region and market sector of projected Equipment Gasket and Seal Materials sales for 2023 through 2029. With Equipment Gasket and Seal Materials sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Equipment Gasket and Seal Materials industry.
This Insight Report provides a comprehensive analysis of the global Equipment Gasket and Seal Materials landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Equipment Gasket and Seal Materials portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Equipment Gasket and Seal Materials market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Equipment Gasket and Seal Materials and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Equipment Gasket and Seal Materials.
The rising use of seals and gaskets in the aerospace and automotive industries is a crucial factor driving the market's growth. The market will grow as a result of the increase in demand for sealing gaskets in both the automotive industry and for fluid transfer. Demand is attributed to its characteristics of chemical resistance, low temperature resistance, low coefficient of friction, resistance to decay, and non-contamination. The sealing gasket substantially facilitates the transmission of various fluids, including air, water, lubricants, as well as oils, gas, fuels, chemicals, and steam. The products are put between the cylinder head and engine block as a protective seal in the automotive industry to close the space and stop coolant or engine oil leaks. As a result, the market will continue to expand steadily during the forecast period as a result of rising product demand.
This report presents a comprehensive overview, market shares, and growth opportunities of Equipment Gasket and Seal Materials market by product type, application, key players and key regions and countries.
Segmentation by Type:
Rubber
Fiber
Metal
PTFE
Cork
Others
Segmentation by Application:
Automotive
Oil & Gas
Food & Beverage
Electricals & Electronics
Chemicals
Aerospace and Defense
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Segmentation by Type:
Rubber
Fiber
Metal
PTFE
Cork
Others
Segmentation by Application:
Automotive
Oil & Gas
Food & Beverage
Electricals & Electronics
Chemicals
Aerospace and Defense
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Trelleborg Group
Freudenberg Sealing Technologies
Parker Hannifin Corporation
ERIKS NV
ElringKlinger Kunststofftechnik GmbH
Saint-Gobain Performance Plastics
Bruss Sealing Systems GmbH
Dimer Group
John Crane
Klinger Holding
Dana
DuPont
SKF
Federal-Mogul
Flowserve
Cooper-Standard Automotive,
Garlock Sealing Technologies
Uchiyama Group
Hennig & Gasket & Seals
Bal Seal Engineering
Please note: The report will take approximately 2 business days to prepare and deliver.