The global Sealing Gasket market was valued at 871.3 Million USD in 2021 and will grow with a CAGR of 8.61% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Sealing Gasket is a mechanical seal which fills the space between two or more mating surfaces, generally to prevent leakage from or into the joined objects while under compression.The sealing gasket industry has got a steady positive development in the past five years. From 2012-2017 the average growth rate of global production of sealing gasket is 4.88% %. In 2012, the global production of component sealing product is over 1895 million units, while in 2016, the total production is over 2545 million units. Global sealing gasket industry is not vary concentrated. Many manufacturers compete in the market,the leading manufactures are ElringKlinger, Freudenberg Sealing Technologies, Trelleborg and The Flexitallic Group. The top 5 manufacturers occupied 22.83% of the total matket. Asia-Pacific remains the largest market for sealing gasket sales with a market share of 25.56%, followed by Europe and China, with market share of 23.84% and 19.89%

By Market Verdors:

ElringKlinger

Freudenberg Sealing Technologies

Trelleborg

The Flexitallic Group

Dana

Federal-Mogul

EnPro Industries

W. L. Gore and Associates

Parker Hannifin

Uchiyama Group

Teadit

Sakagami Seisakusho

Sanwa Packing Industry

Hamilton Kent

Calvo Sealing

Frenzelit

Ishikawa Gasket

Lamons

Yantai Ishikawa

Guanghe

Tiansheng Corporation

By Types:

Metallic

Non-Metallic

By Applications:

Automotive

General Equipment

Electrical Equipment

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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