Gaskets and Seals Market: Automotive End Use Industry Expected to be a Major Consumer of Gaskets and Seals: Global Industry Analysis and Opportunity Assessment 2016-2026

  • No. of Pages: 173
  • Published: 2017-04-20
  • Report Code: REP-GB-815

An Incisive, In-depth Analysis on the Gaskets And Seals Market

This study offers a comprehensive, 360 degree analysis on the Gaskets And Seals market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Gaskets And Seals market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

As per Future Market Insights’ forecast, the global gaskets and seals market is estimated to be valued at nearly US$ 63 Bn in the year 2017 and is expected to touch a figure of nearly US$ 102 Bn by the year 2026, representing a CAGR of 5.4% in terms of value during the forecast period. The global gaskets and seals market is projected to create an incremental dollar opportunity of nearly US$ 42 Bn between 2016 and 2026.

Increasing need to improve performance/efficiency of engineering equipment is boosting the global market for gaskets and seals

There is a significant loss of material and additional losses in the form of labour and material cost of repair due to the leakages caused in various industrial equipment. In addition, a significant chunk of energy is wasted coupled with environmental losses that affect the bottom line of the industry adversely. Sales are also impacted due to the downtime caused by such leaking industrial equipment and leading to other malfunctions. Also, if things go wrong badly, an industrial accident may occur due to the leaking industrial equipment and this may lead to irreparable damage to the brand image of the concerned company and claims for personal injury will translate into heavy financial losses. In order to avoid such situations, and to increase the overall efficiency of the machine systems, there is an increasing need from end-user industries to properly manage gaskets and seals usage during their process systems and operations.

Customisation in product offerings offers a great opportunity in the global gaskets and seals market

Presently, new materials are being used to produce newer types of gaskets and seals for various end use applications and this makes the global market for gaskets and seals attractive. There is an inherent demand for integrated gaskets and seals, which can offer superior mechanical, physiochemical as well as desirable electrical properties and this market is expected to gain traction in the coming years. The ability of manufacturers to respond to such kind of demand for new product types and materials is expected to create significant growth opportunities in the global gaskets and seals market. In addition, signing long-term contracts with direct end users can provide opportunities for uninterrupted revenue flow and profit generation in the global gaskets and seals market.

Introduction of 3-D printing to manufacture gaskets and seals is an upcoming trend

Various end users of gaskets and seals are demanding customised and high end products. The leading market players are responding by developing and applying novel technologies for producing superior quality products. For example, in March 2017, Stratasys Ltd, a company involved in 3D printing solutions, introduced two new materials for 3D printing namely, FDM Nylon 12CF that is a carbon-fibre reinforced thermoplastic; and Agilus30, a line of flexible and tear resistant material for polyjet 3D printing. Agilus30 can also be used for producing gaskets and seals through the process of 3D printing.

Global Gaskets and Seals Market Attractiveness Analysis, by End Use Industry

By end use industry, with a market attractiveness rating of 5.0, the Machinery segment is expected to be a relatively attractive segment over the forecast period. The growing use of machine equipment in various manufacturing sectors and in the oil & gas industry is expected to drive the growth of this segment. The Electrical and Electronics industry segment is inclined towards moderate growth and possesses a moderate share of the market; and is expected to inch towards the high growth region owing to the recent developments to fulfil the increased demand for sealants in electrical gadgets. The Automotive industry segment is projected to register a significant CAGR of 5.1% over the forecast period. Increasing automotive production across specific regions and the growing demand for cylinder head gaskets and body seals is expected to drive the growth of this segment.

gaskets and seals market

Development of novel materials to produce gaskets and seals with superior characteristics is an upcoming trend in the global gaskets and seals market

Sealing at high temperatures and in tough operating conditions has always remained a challenge for end users and even for gaskets and seals suppliers. If standard materials such as expanded graphite are used to manufacture gaskets and seals, such standard materials cannot perform reliably for extended time periods under harsh operating conditions. Industries that require fluid catalytic cracking, fertilizer production, ethylene production, flare systems, power generation, etc. are subject to high temperature processes where gaskets and seals with enhanced characteristics are needed. In order to meet the demand for high performance gaskets and seals from such industries, manufacturers are involved in the development of new materials that can perform efficiently under tough conditions. On such lines, research and development is focussing on developing a combination of metal, elastomer, fibres, etc. that can provide the required properties to give the desired performance in tough conditions.

About the Report

Future Market Insights in its latest report titled ‘Gaskets and Seals Market: Global Industry Analysis and Opportunity Assessment, 2016–2026’ presents a comprehensive and a detailed outlook of the global gaskets and seals market for a 10 year period from 2016 to 2026. In this report, various factors that influence the global gaskets and seals market have been studied in detail and region wise gaskets and seals market analysis and forecast is presented. In the beginning of the report, an executive summary is presented, which talks about the market overview and the revenue generated by the key regions in the global gaskets and seals market. In addition, the executive summary talks about the end use industries where the gaskets and seals are used and which industry is likely to be the most lucrative in the global market. Also, a brief snapshot of the drivers, challenges and trends affecting the global gaskets and seals market is presented. In addition, the companies that are included in the competitive landscape section of the report are also presented in the executive summary. This concise and lucid executive summary provides a flavour of the entire report in one go. At the end part of the executive summary, a Future Market Insights analysis is presented, which gives brief pointers regarding the overall market approach, target segment and region likely to perform the best, as well as differentiating strategies of the key companies operating in the global gaskets and seals market.

The next section of the report gives the market definition and introduction to enable readers to know what type of gaskets and seals are covered in the report. This section is followed by the market taxonomy of the global gaskets and seals market that classifies the market on the basis of product type, sales channel, material type, end use industry and based on various regions. Following is the tabular representation of the market taxonomy of the global gaskets and seals market.

By Product Type

By Sales Channel

By Material Type

By End Use Industry

By Region

  • Gaskets

    • Jacketed Gaskets

    • Solid Gaskets

    • Spiral Wound Gaskets

    • Kammprofile Gaskets

  • Seals

    • Static Seals

    • Dynamic Seals

  • OEM

  • Aftermarket

  • Metallic

  • Non-Metallic

    • Elastomeric

    • Others

  • Automotive

  • Aerospace

  • Machinery

  • Electronics & Electrical

  • Marine & Rail

  • Others

  • North America

  • Latin America

  • Western Europe

  • Eastern Europe

  • Asia Pacific Excluding Japan

  • Middle East & Africa

  • Japan

After the market taxonomy, another important section that is presented in the global gaskets and seals market is the inclusion of the global gaskets and seals market value chain that describes the various stages through which the gaskets and seals go before reaching the end use industries. These stages include raw material suppliers, manufacturers, distributors and finally the end use industries where the gaskets and seals are used. After the value chain section, there is a section included on the drivers, challenges, opportunities and market trends in the global gaskets and seals market. This section provides information in detail regarding these important attributes of the global gaskets and seals market and gives a clear picture regarding where the market is headed and the various factors influencing the growth of the market and restraining the growth of the market. In addition, the opportunities and the trends section gives valuable information about how the global gaskets and seals market is shaping up and where there are new opportunities in the market based on the future trends and inclinations with respect to gaskets and seals applications.

The subsequent sections of the report deal with a detailed analysis and forecast of the global gaskets and seals market based on product type, by end use industry, by sales channel, material type and by region. These sections of the report include important metrics such as Basis Point Share (BPS) analysis, Y-o-Y growth projections and comparative analysis. Market attractiveness analysis is also given for each category in order to let the readers know which segment of the global gaskets and seals market is most attractive based on the current trends and future projections. Last but not the least, a competition landscape snapshot provides a dashboard view of the major players in the global gaskets and seals market. Company profiles of important players are also presented in the report, which include points like company description and geographical presence, key strategies employed, key developments, SWOT analysis and important financial information.

Research Methodology

Overall market size has been analysed through historical data, primary responses, and public domain data. Revenue of companies operating in the global gaskets and seals market has been benchmarked to ascertain the market size for the base year. Macro-economic indicators such as GDP and end-use application industries’ growth have been considered to forecast the overall market size during the forecast period. The historical growth trend of the end-use industries, market participants’ performance, as well as the present macro-economic outlook has been taken into consideration for estimating the overall market forecast. This data is then validated with the help of the triangulation method and is extensively scrutinised using advanced tools to garner quantitative and qualitative insights into the global gaskets and seals market.

Gaskets And Seals Market Reports - Table of Contents

Gaskets And Seals Market Reports - List of Tables

Table 01: Global Gasket and Seals Market Value (US$ Mn) Forecast, by Product Type, 2015-2026

Table 02: Global Gasket and Seals Market Value (US$ Mn) Forecast, by Material Type, 2015-2026

Table 03: Global Gasket and Seals Market Value (US$ Mn) Forecast, by End-use Industry, 2015-2026

Table 04: Global Gasket and Seals Market Value (US$ Mn) Forecast, by Sales Channel, 2015-2026

Table 05: Global Gasket and Seals Market Value Forecast, by Region, 2016–2026

Table 06: North America Gasket and Seals Market Value (US$ Mn) Forecast, by Country, 2015–2026

Table 07: North America Gasket and Seals Market Value Forecast, by Product Type, 2015–2026

Table 08: North America Gasket and Seals Market Value Forecast, by Material Type, 2015–2026

Table 09: North America Gasket and Seals Market Value Forecast, by Sales Channel, 2015–2026

Table 10: North America Gasket and Seals Market Value Forecast, by End-use Industry, 2015–2026

Table 11: Latin America Gasket and Seals Market Value Forecast, by Country, US$ Mn, 2015–2026

Table 12: Latin America Gasket and Seals Market Value Forecast, by Product Type, US$ Mn, 2015–2026

Table 13: Latin America Gasket and Seals Market Value Forecast, by Material Type, US$ Mn, 2015–2026

Table 14: Latin America Gasket and Seals Market Value Forecast, by Sales Channel, US$ Mn, 2015–2026

Table 15: Latin America Gasket and Seals Market Value Forecast, by End-use Industry, US$ Mn, 2015–2026

Table 16: Eastern Europe Gasket and Seals Market Value (US$ Mn) Forecast, by Country, 2015–2026

Table 17: Eastern Europe Gasket and Seals Market Value (US$ Mn) Forecast, by Product Type, 2015–2026

Table 18: Eastern Europe Gasket and Seals Market Value (US$ Mn) Forecast, by Material Type, 2015–2026

Table 19: Eastern Europe Gasket and Seals Market Value (US$ Mn) Forecast, by Sales Channel, 2015–2026

Table 20: Eastern Europe Gasket and Seals Market Value (US$ Mn) Forecast, by End-use Industry, 2015–2026

Table 21: Western Europe Gasket and Seals Market Value (US$ Mn) Forecast, by Country, 2015–2026

Table 22: Western Europe Gasket and Seals Market Value (US$ Mn) Forecast, by Product Type, 2015–2026

Table 23: Western Europe Gasket and Seals Market Value Forecast, by Material Type, 2015–2026

Table 24: Western Europe Gasket and Seals Market Value Forecast, by Sales Channel, 2015–2026

Table 25: Western Europe Gasket and Seals Market Value Forecast, by End-use Industry, 2015–2026

Table 26: APEJ Gasket and Seals Market Value Forecast, by Country, US$ Mn, 2015–2026

Table 27: APEJ Gasket and Seals Market Value Forecast, by Product Type, US$ Mn, 2015–2026

Table 28: APEJ Gasket and Seals Market Value Forecast, by Material Type, US$ Mn, 2015–2026

Table 29: APEJ Gasket and Seals Market Value Forecast, by Sales Channel, US$ Mn, 2015–2026

Table 30: APEJ Gasket and Seals Market Value Forecast, by End-use Industry, US$ Mn, 2015–2026

Table 31: Japan Gasket and Seals Market Value Forecast, by Product Type, US$ Mn, 2015–2026

Table 32: Japan Gasket and Seals Market Value Forecast, by Material Type, US$ Mn, 2015–2026

Table 33: Japan Gasket and Seals Market Value Forecast, by Sales Channel, US$ Mn, 2015–2026

Table 34: Japan Gasket and Seals Market Value Forecast, by End-use Industry, US$ Mn, 2015–2026

Table 35: MEA Gasket and Seals Market Value (US$ Mn) Forecast, by Country, 2015–2026

Table 36: MEA Gasket and Seals Market Value (US$ Mn) Forecast, by Product Type, 2015–2026

Table 37: MEA Gasket and Seals Market Value (US$ Mn) Forecast, by Material Type, 2015–2026

Table 38: MEA Gasket and Seals Market Value (US$ Mn) Forecast, by Sales Channel, 2015–2026

Table 39: MEA Gasket and Seals Market Value (US$ Mn) Forecast, by End-use Industry, 2015–2026

Gaskets And Seals Market Reports - List of Figures

Figure 01: Global Gasket and Seals Market Size (US$ Mn) and Y-o-Y Growth Forecast, 2016-2026

Figure 02: Global Gasket and Seals Market Absolute $ Opportunity (US$ Mn), 2016-2026

Figure 03: Global Gasket and Seals Market Share and BPS Analysis, by Product Type, 2016 & 2026

Figure 04: Global Gasket and Seals Market Y-o-Y Growth Projections, by Product Type, 2016 & 2026

Figure 05: Global Gasket and Seals Market Attractiveness Analysis, by Product Type, 2016-2026

Figure 06: Global Gasket and Seals Market Share and BPS Analysis, by Material Type, 2016 & 2026

Figure 07: Global Gasket and Seals Market Y-o-Y Growth Projections, by Material Type, 2016 & 2026

Figure 08: Global Gasket and Seals Market Attractiveness Analysis, by Material Type, 2016-2026

Figure 09: Global Gasket and Seals Market Share and BPS Analysis, by End-use Industry, 2016 & 2026

Figure 10: Global Gasket and Seals Market Y-o-Y Growth Projections, by End-use Industry, 2016 & 2026

Figure 11: Global Gasket and Seals Market Attractiveness Analysis, by End-use Industry, 2016-2026

Figure 12: Global Gasket and Seals Market Share and BPS Analysis, by Sales Channel, 2016 & 2026

Figure 13: Global Gasket and Seals Market Y-o-Y Growth Projections, by Sales Channel, 2016 & 2026

Figure 14: Global Gasket and Seals Market Attractiveness Analysis, by Sales Channel, 2016-2026

Figure 15: Global Gasket and Seals Market BPS Analysis, by Region, 2016 & 2026

Figure 16: Global Gasket and Seals Market Y-o-Y Growth Projections, by Region, 2016–2026

Figure 17: Global Gasket and Seals Market Attractiveness Analysis, by Region, 2016–2026

Figure 18: North America Gasket and Seals Market Value Forecast, 2015–2026

Figure 19: North America Gasket and Seals Market BPS Analysis, by Country, 2016 and 2026

Figure 20: North America Gasket and Seals Market Y-o-Y Growth Projection, by Country 2016–2026

Figure 21: North America Gasket and Seals Market Attractiveness, by Country, 2016–2026

Figure 22: North America Gasket and Seals Market Attractiveness, by Product Type, 2016–2026

Figure 23: North America Gasket and Seals Market Attractiveness, by Material Type, 2016–2026

Figure 24: North America Gasket and Seals Market Attractiveness, by End-use Industry, 2016–2026

Figure 25: North America Gasket and Seals Market Attractiveness, by Sales Channel, 2016–2026

Figure 26: Latin America Gasket and Seals Market Value Forecast, 2015–2026

Figure 27: Latin America Gasket and Seals Market BPS Analysis, by Country, 2016 and 2026

Figure 28: Latin America Gasket and Seals Market Y-o-Y Growth Projection, by Country 2016–2026

Figure 29: Latin America Gasket and Seals Market Attractiveness, by Country, 2016–2026

Figure 30: Latin America Gasket and Seals Market Attractiveness, by Product Type, 2016–2026

Figure 31: Latin America Gasket and Seals Market Attractiveness, by Material Type, 2016–2026

Figure 32: Latin America Gasket and Seals Market Attractiveness, by End-use Industry, 2016–2026

Figure 33: Latin America Gasket and Seals Market Attractiveness, by Sales Channel, 2016–2026

Figure 34: Eastern Europe Gasket and Seals Market Value Forecast, 2015–2026

Figure 35: Eastern Europe Gasket and Seals Market BPS Analysis, by Country, 2016 and 2026

Figure 36: Eastern Europe Gasket and Seals Market Y-o-Y Growth Projection, by Country 2016–2026

Figure 37: Eastern Europe Gasket and Seals Market Attractiveness, by Country, 2016–2026

Figure 38: Eastern Europe Gasket and Seals Market Attractiveness, by Product Type, 2016–2026

Figure 39: Eastern Europe Gasket and Seals Market Attractiveness, by Material Type, 2016–2026

Figure 40: Eastern Europe Gasket and Seals Market Attractiveness, by End-use Industry, 2016–2026

Figure 41: Eastern Europe Gasket and Seals Market Attractiveness, by Sales Channel, 2016–2026

Figure 42: Western Europe Gasket and Seals Market Value Forecast, 2015–2026

Figure 43: Western Europe Gasket and Seals Market BPS Analysis, by Country, 2016 and 2026

Figure 44: Western Europe Gasket and Seals Market Y-o-Y Growth Projection, by Country 2016–2026

Figure 45: Western Europe Gasket and Seals Market Attractiveness, by Country, 2016–2026

Figure 46: Western Europe Gasket and Seals Market Attractiveness, by Product Type, 2016–2026

Figure 47: Western Europe Gasket and Seals Market Attractiveness, by Material Type, 2016–2026

Figure 48: Western Europe Gasket and Seals Market Attractiveness, by End-use Industry, 2016–2026

Figure 49: Western Europe Gasket and Seals Market Attractiveness, by Sales Channel, 2016–2026

Figure 50: APEJ Gasket and Seals Market Value Forecast, 2015–2026

Figure 51: APEJ Gasket and Seals Market BPS Analysis, by Country, 2016 and 2026

Figure 52: APEJ Gasket and Seals Market Y-o-Y Growth Projection, by Country 2016–2026

Figure 53: APEJ Gasket and Seals Market Attractiveness, by Country, 2016–2026

Figure 54: APEJ Gasket and Seals Market Attractiveness, by Product Type, 2016–2026

Figure 55: APEJ Gasket and Seals Market Attractiveness, by Material Type, 2016–2026

Figure 56: APEJ Gasket and Seals Market Attractiveness, by End-use Industry, 2016–2026

Figure 57: APEJ Gasket and Seals Market Attractiveness, by Sales Channel, 2016–2026

Figure 58: Japan Gasket and Seals Market Attractiveness, by Product Type, 2016–2026

Figure 59: Japan Gasket and Seals Market Attractiveness, by Material Type, 2016–2026

Figure 60: Japan Gasket and Seals Market Attractiveness, by End-use Industry, 2016–2026

Figure 61: Japan Gasket and Seals Market Attractiveness, by Sales Channel, 2016–2026

Figure 62: MEA Gasket and Seals Market Value Forecast, 2015–2026

Figure 63: MEA Gasket and Seals Market BPS Analysis, by Country, 2016 and 2026

Figure 64: MEA Gasket and Seals Market Y-o-Y Growth Projection, by Country 2016–2026

Figure 65: MEA Gasket and Seals Market Attractiveness, by Country, 2016–2026

Figure 66: MEA Gasket and Seals Market Attractiveness, by Product Type, 2016–2026

Figure 67: MEA Gasket and Seals Market Attractiveness, by Material Type, 2016–2026

Figure 68: MEA Gasket and Seals Market Attractiveness, by End-use Industry, 2016–2026

Figure 69: MEA Gasket and Seals Market Attractiveness, by Sales Channel, 2016–2026

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