Home 乐动平台 Gaskets and Seals Market Size Worth $87.9 Billion By 2028 | CAGR: 3.9%

Gaskets and Seals Market Size Worth $87.9 Billion By 2028 | CAGR: 3.9% |

The globalgaskets and seals marketsize is expected to reach USD 87.9 billion by 2028 according to a new study by Polaris Market Research. The report“Gaskets and Seals Market Share, Size, Trends, Industry Analysis Report, By Material (Metal, Plastic Polymer, Rubber, Fiber, Silicones, Graphite); By Product (Gaskets, Seals); By End-Use (Aerospace, Electronics, Automotive, Oil & Gas, Industrial); By Sales Channel; By Regions; Segment Forecast, 2021 – 2028”gives a detailed insight into current market dynamics and provides analysis on future market growth.

The demand for gaskets and seals is increasing owing to its increasing use in automobiles, rising modernization of vehicles, and growing penetration ofelectric vehicles. Some properties offered by gaskets and seals include chemical resistance, heat resistance, high strength, low seating stress, and the ability to withstand high compressive loads.

Gaskets and seals are used across diverse applications such as automotive, aerospace, electronics, and manufacturing among others. The demand from the electronics sector is growing for an increase in efficiency over varied operating temperatures by addressing mechanical stress and vibration damping.

The demand for gaskets is expected to increase during the forecast period. Metallic gaskets are manufactured to be used in high-pressure and temperature applications. Metallic washers require a high-quality sealing surface along with high loads for seating of metallic washers. Some metallic gaskets available in the industry include ring-type joints, lens rings, weld rings, and solid metal rings, among others.

The material segment has been divided into metal, plastic polymer, rubber, fiber, silicones, graphite, and others. Silicon is increasingly being used in gaskets and seals owing to its ability to withstand large temperature variations. Cork is another material used for manufacturing the products. It is a lightweight, stable material offering excellent compressibility, high-temperature resistance, great wear resistance, and high oil resistance.

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对垫圈和密封件的需求最多来自汽车领域。差动垫圈和密封件主要用于车辆中用于保护传动部件并防止污垢,污水和其他污染物进入轴管并损坏车辆的传动部件。冷却系统环结合到车辆中以避免液体和气体泄漏。这些产品可以使用各种材料制造,如软片金属,子弹钢,stainless steel, graphite, silicone, and neoprene.

Asia Pacific emerged as the largest market in 2020 and is expected to maintain its dominance over the forecast period. The rise in applications of the product in the aerospace, transportation, marine, railways, and electronics sectors in the Asia-Pacific region is the major driver for growth.

The rise in investment in the aerospace and transportation sector, along with technological advancement, and industrial development is expected to drive the market growth in Asia Pacific during the forecast period. The economic growth in countries such as China, Japan, and India, rising living standards, and expansion of global players into these countries boosts the growth of the market.

The industry is characterized by established companies and large giants. Owing to technological advancements, and the greater need to cater to customer requirements, companies are collaborating in order to strengthen the industry presence and gain market share. Broadening of the product portfolio is another trend that is visible in the industry.

Some of the major market participants include Hutchinson SA, Bruss Sealing System GmbH, Smiths Group Plc, Dana Holding Corporation, Trelleborg Sealing Solutions AB, Freudenberg Sealing Technologies GmbH & Co. KG, Garlock Sealing Technologies LLC, Daetwyler Holding, Cooper Standard Holding Inc., AB SKF, Boyd Corporation, ElringKlinger AG, Flowserve Corporation, Federal-Mogul Motorparts, Parker Hannifin Corporation, The Timken Company, Magnum Automotive Group LLC, and James Walker.

乐动体育软件最新版北极星市场研究分段垫圈and seals market report on the basis of material, product, sales channel, end-use, and region:

Gaskets and Seals Material Outlook (Revenue, USD Million, 2016 – 2028)

  • 米etal
  • Plastic Polymer
  • Rubber
  • Fiber
  • Silicones
  • Graphite
  • Others

Gaskets and Seals Product Outlook (Revenue, USD Million, 2016 – 2028)

  • Gaskets
    • Non-Metallic
    • Semi-Metallic
    • 米etallic
  • Seals
    • 米olded
    • Vehicle Body
    • Shaft
    • Others

Gaskets and Seals Sales Channel Outlook (Revenue, USD Million, 2016 – 2028)

  • Aftermarket
  • OEMs

Gaskets and Seals End-User Outlook (Revenue, USD Million, 2016 – 2028)

  • Aerospace
  • Electronics
  • Automotive
  • Oil & Gas
  • Industrial
  • Others

Gaskets and Seals Regional Outlook (Revenue, USD Million, 2016 – 2028)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Netherlands
    • Austria
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • 米alaysia
    • Indonesia
  • Latin America
    • Brazil
    • 米exico
    • Argentina
  • 米iddle East & Africa
    • Saudi Arabia
    • South Africa
    • Israel
    • UAE

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