Gasket and Seals Market, By Product Type (Gaskets and Seals ), By Sales Channel, By Material Type (Metallic and Non-metallic, By End-use Industry, and By Region - Size, Share, Outlook, and Opportunity Analysis, 2022

Description

Gasket and seals are the materials used to prevent the passage of any foreign media through to and fro, the joined object while under compression. A Gasket is a mechanical seal, which fills the space between two or more mating surfaces, in order to prevent leakage. Gaskets allow perfect mating surfaces wherein they can fill irregularities. Gaskets and seals are widely used across all end-use industries. Depending upon the application, different types of gaskets and seals are used among various end-use industries. Spiral wouned, jacketed, kammprofile, and the solid ring is among the key gasket types, while o-ring seals, body seals, mechanical seals, shaft seal, piston seal, etc. are the key seal types used in different applications.

The global gaskets and seals market was valued for US$ 74,375.7 Mn in 2021.

Market Dynamics

Leakage from various industrial equipment can result in significant loss of material and indirect loss, in terms of labor and material cost of repair, environmental losses, wasted energy, sales due to downtime, etc. Both direct and indirect loses can incur a negative impact on a company's operation in terms of revenue generation as well as diminishing the brand image in case of industrial accidents and claims for personal injury. Thus, these factors are expected to drive growth of the global gasket and seals market during the forecast period. There are various standards and regulations regarding reducing the environmental impact of leakage and fugitive emissions, have been in development from different government and environmental agencies. For instance, The EPA estimates that approximately 70.4 KT/year of volatile organic compounds (VOC) and 9.4 KT/year of hazardous air pollutants (HAP) are emitted from equipment leaks, which significantly contribute to the formation of ground-level ozone. Moreover, European Environmental Agency, Environmental Protection Agency, etc. are focused on the development of standards to control amount of the leaks. Thus, these factors are expected to propel the market growth in the near future.

Key features of the study:

This report provides an in-depth analysis of the Global Gasket and Seals Market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global Gasket and Seals Market based on the following parameters - regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered in the Global Gasket and Seals Market include Banco Products (I) Lt, Dana Incorporated, ElringKlinger AB, Federal-Mogul Holdings Corporation, Freudenberg & Co. KG, Henniges Automotive Holdings Inc., Parker Hannifin Corp., SKF AB, Smiths Group Inc. (John Crane), Trelleborg AB, and Erith Group
These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, Material Type up gradation, market expansion, and marketing tactics
The global Gasket and Seals market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Global Gasket and Seals Market

Detailed Segmentation

Global Gaskets and seals Market, By Product Type:
- Gaskets
  - Jacketed Gaskets
  - Solid Gaskets
  - Spiral Wound Gaskets
  - Kammprofile Gaskets
- Seals
  - Static Seals
  - Dynamic Seals
Global Gaskets and seals Market, By Sales Channel:
- OEM
- Aftermarket
Global Gaskets and seals Market, By Material Type:
- Metallic
- Non-Metallic
  - Elastomers
  - Others
Global Gaskets and seals Market, By End-Use Industry:
- Automotive
- Aerospace
- Machinery
- Electronics & Electrical
- Marine & Rail
- Others
Global Gaskets and seals Market, By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Company Profiles
- Banco Products (I) Lt*
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments
- Dana Incorporated
- ElringKlinger AB.
- Federal-Mogul Holdings Corporation
- Freudenberg & Co. KG
- Henniges Automotive Holdings Inc.
- Parker Hannifin Corp.
- SKF AB
- Smith's Group Inc. (John Crane)
- Trelleborg AB
- Erith Group

Product Code: CMI3897

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Sales Channel
- Market Snippet, By Material Type
- Market Snippet, By End-use Industry
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Market Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New system Launch/Approvals
Impact of COVID-19 Pandemic

4. Global Gasket and Seals Market, By Product Type, 2017-2030 (US$ Million)

Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Segment Trends
Gaskets
- Introduction
- Market Size and Forecast, 2017-2030, (US$ Million)
Sub Segments
- Jacketed Gaskets
- Solid Gaskets
- Spiral Wound Gaskets
- Kammprofile Gaskets
Seals
- Introduction
- Market Size and Forecast, 2017-2030, (US$ Million)
Sub Segments
- Static Seals
- Dynamic Seals

5. Global Gasket and Seals Market, By Sales Channel, 2017 - 2030 (US$ Million)

Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Segment Trends
OEM
- Introduction
- Market Size and Forecast, 2017 - 2030, (US$ Million)
- Aftermarket Introduction
- Market Size and Forecast, 2017 - 2030, (US$ Million)
Aftermarket
- Introduction
- Market Size and Forecast, 2017 - 2030, (US$ Million)

6. Global Gasket and Seals Market, By Material Type, 2017-2030 (US$ Million)

Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Segment Trends
Metallic
- Introduction
- Market Size and Forecast, 2017-2030, (US$ Million)
Non-Metallic
- Introduction
- Market Size and Forecast, 2017-2030, (US$ Million)
Sub Segments
- Elastomeric
- Others

7. Global Gasket and Seals Market, By End-use Industry, 2017-2030 (US$ Million)

Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Product Type Trends
Automotive
- Introduction
- Market Size and Forecast, 2017-2030, (US$ Million)
Aerospace
- Introduction
- Market Size and Forecast, 2017-2030, (US$ Million)
Machinery
- Introduction
- Market Size and Forecast, 2017-2030, (US$ Million)
Electronics & Electrical
- Introduction
- Market Size and Forecast, 2017-2030, (US$ Million)
Marine & Rail
- Introduction
- Market Size and Forecast, 2017-2030, (US$ Million)
Others
- Introduction
- Market Size and Forecast, 2017-2030, (US$ Million)

8. Global Gasket and Seals Market, By Region, 2017-2030 (US$ Million)

Introduction
- Market Share Analysis, By Region, 2022 and 2030 (%)
North America
- Regional Trends
- Market Size and Forecast, Product Type, 2017-2030 (US$ Million)
- Market Size and Forecast, By Sales Channel 2017-2030 (US$ Million)
- Market Size and Forecast, Material Type, 2017-2030 (US$ Million)
- Market Size and Forecast, By End-use Industry, 2017-2030 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2030 (%)
U.S.
Canada
Europe
- Regional Trends
- Market Size and Forecast, Product Type, 2017-2030 (US$ Million)
- Market Size and Forecast, By Sales Channel 2017-2030 (US$ Million)
- Market Size and Forecast, Material Type, 2017-2030 (US$ Million)
- Market Size and Forecast, By End-use Industry, 2017-2030 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2030 (%)
U.K.
Germany
France
Italy
Russia
Rest of Europe
Asia Pacific
- Regional Trends
- Market Size and Forecast, Product Type, 2017-2030 (US$ Million)
- Market Size and Forecast, By Sales Channel 2017-2030 (US$ Million)
- Market Size and Forecast, Material Type, 2017-2030 (US$ Million)
- Market Size and Forecast, By End-use Industry, 2017-2030 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2030 (%)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
- Regional Trends
- Market Size and Forecast, Product Type, 2017-2030 (US$ Million)
- Market Size and Forecast, By Sales Channel 2017-2030 (US$ Million)
- Market Size and Forecast, Material Type, 2017-2030 (US$ Million)
- Market Size and Forecast, By End-use Industry, 2017-2030 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2030 (%)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East and Africa
- Regional Trends
- Market Size and Forecast, Product Type, 2017-2030 (US$ Million)
- Market Size and Forecast, By Sales Channel 2017-2030 (US$ Million)
- Market Size and Forecast, Material Type, 2017-2030 (US$ Million)
- Market Size and Forecast, By End-use Industry, 2017-2030 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2030 (%)
South Africa
GCC Countries
Rest of the Middle East and Africa

9. Competitive Landscape

Company Profiles
- Banco Products (I) Lt
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/ Updates
- Dana Incorporated
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- ElringKlinger AB.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Federal-Mogul Holdings Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Freudenberg & Co. KG
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Henniges Automotive Holdings Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- AdTech Optics, Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Parker Hannifin Corp.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- SKF AB
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Smiths Group Inc. (John Crane)
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Trelleborg AB
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Erith Group
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Analyst Views

10. Section

References
Research Methodology
About us and Sales Contact

Gasket and Seals Market, By Product Type (Gaskets and Seals ), By Sales Channel, By Material Type (Metallic and Non-metallic, By End-use Industry, and By Region - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030