Gaskets and Seals Market: Global Industry Analysis and
Opportunity Assessment, 2016-2026
May 2017
Report Id : REP-GB-815
Status : Apr-17
Category : Industrial Automation and Equipment
©2015 Future Market Insights, All Rights Reserved
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Research Methodology (1/2)
Systematic Research Approach
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Market profiling
2
Formulating discussion guide
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Developing list of respondents
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In-depth secondary research is used to
ascertain overall market size, top
industry players, top products, industry
associations, etc.
PMR formulates a detailed discussion
guide to conduct expert and industry
interviews
PMR develops a list of industry players
(manufacturers), distributors, retailers
and industry experts
Data collection
PMR conducts interviews with industry
experts, industry players, distributors
and retailers
Data validation
Data is validated by triangulation
method, wherein secondary, primary
and PMR analysis contribute to the final
data
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Data analysis
Insights
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Data is scrutinized using MS-Excel to
obtain qualitative and quantitative
insights about the industry
PMR delivers industry insights and
information in the required format
(PDF)
Data
Collection
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Research &
Intelligence
Data Filter
& Analysis
Identifying key opinion leaders
Questionnaire design
In-depth interviews
Coverage across value chain
Actionable
Insights
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Primary
Research
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B
SOLUTION
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Market participants
Key strengths
Product portfolio
Mapping as per value chain
Key focus segments
Primary Research #
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Linkedin
Zoominfo
Salesforce
Avention
Business
Solution
Desk
Research
C
Key industry experts
Channel study
Developments
Market dynamics
Products
Conclusions
Company
Analysis
Secondary Research #
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Company websites
Company annual
reports
White papers
Financial reports
Paid Publications#
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Factiva
GBI
Genios
Meltwater
# includes sources of databases
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Gaskets and Seals Market
Global Gaskets & Seals Market Poised to Grow at 5.4% CAGR during 2016-2026
Multiple manufacturing processes adopted across diverse industrial verticals are all contingent upon
efficiency of engineering equipment & systems. The need to improve operability of such systems can be
met with the use of gaskets & seals – devices that help connect multiple surfaces & systems to complete
a mechanical workflow. Apropos a latest report published by Future Market Insights, the global demand
for gaskets & seals is projected to surge at a steady rate during the forecast period 2016-2026. The report
estimates that in 2016, more than US$ 60 Bn worth of gasket & seals were sold across the globe. Key
projections compiled in the report predict that global gaskets & seals revenues will surpass US$ 100 Bn
by the end of 2026, registering a value CAGR of 5.4%.
The report, titled “Gaskets and Seals Market: Global Industry Analysis and Opportunity Assessment,
2016-2026,” further projects that in 2017 and beyond, the demand for non-metallic gaskets & seals will
be considerably higher than metallic materials. By the end of 2026, more than 60% of global revenues
will be accounted by sales of non-metallic gaskets & seals. Non-metallic materials will remain in great
demand due to their competitive advantage over metallic materials on the grounds on environmental
imprint and cost-effective procurement.
The report has also compiled key factors impacting the growth of global gaskets & seals market during
the forecast period, which follow:
 Rising instances of leakage in industrial units that cause considerable loss in terms of property damage
& health risks can be averted by use of gaskets & seals
©2015 Future Market Insights, All Rights Reserved
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Gaskets and Seals Market
 The demand for gaskets & seals is also expected to rise on the account of their compliance with
several strict regulations, that prompt minimisation of leakage & fugitive emissions, observed across
the globe
 Advent of 3D printing is likely to lower costs of manufacturing gaskets & seals, and will also facilitate
the urgency to deliver customised products
 Key challenges inhibiting the market’s growth during the forecast period are complex manufacturing
processes, altering designs and limited material applicability for production of gaskets & seals
Nevertheless, the report expects that customisations made to existing gasket & seal products will hold
lucrative opportunity for manufacturers in the years to come. Companies such as Freudenberg & Co. KG,
Henniges Automotive Holdings Inc., SKF AB, Federal-Mogul Holdings Corporation, Smiths Group Inc. (John
Crane), ElringKlinger AB, Trelleborg AB, Dana Incorporated, Banco Products (I) Ltd. and Parker Hannifin
Corp. are observed as key manufacturers in global market for gaskets & seals.
A comparative forecast on the global sales of gaskets and seals during the forecast period projects that
global demand for seals will remain fairly higher than that of gaskets. By the end of 2026, solid and spiral
wound gaskets will be observed as top-selling products in the market, procuring more than US$ 25 Bn in
global revenues. On the other hand, a majority of global sales of seals will dominated by dynamic seals.
Static seals are projected to procure just over 42% share on global seals revenues through 2026-end.
©2015 Future Market Insights, All Rights Reserved
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Gaskets and Seals Market
The report further reveals that automotive industry will be one of the largest end-user of gaskets & seals
in the world. However, the imprint of automotive end-use on the global gaskets & seals market will
witness a downtrend, while revenues accounted by machinery and electronics & electrical industries
during the forecast period will register 5.5% and 5.6% CAGRs respectively. Key findings in the report also
predict that more by the end of 2026, more than three-fourth of gaskets & seals revenues will be
accounted by OEM sales channels. The report also expects Asia-Pacific excluding Japan region to
dominate global gaskets & seals revenues by registering a value CAGR of 6.8% and brining in over US$ 43
Bn revenues by 2026-end. Other regions are expected to showcase a sluggish growth in terms of gaskets
& seals sales, exhibiting CAGRs below 5%.
©2015 Future Market Insights, All Rights Reserved
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Table of Content
1. Executive Summary
2. Market Introduction
2.1. Market Definition
2.2. Market Taxonomy
3. Product Overview
4. Market Dynamics
4.1.Drivers
4.2.Restraints
4.3. Opportunities
4.4. Trends
5. Gaskets and Seals Market Analysis Scenario
5.1. Market Size (US$ Mn) and Forecast
5.1.1. Market Size and Y-o-Y Growth
5.1.2. Absolute $ Opportunity
5.2. Market Overview
5.2.1. Value Chain
5.2.2. List of Active Participants
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Table of Content
5.2.2.1. Raw Material Suppliers
5.2.2.2. Manufacturers
5.2.2.3. Distributors / Retailers
6. Global Gaskets and Seals Market Analysis and Forecast, By Product Type
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Product Type
6.1.2. Y-o-Y Growth Projections by Product Type
6.2. Market Size (US$ Mn) Forecast By Product Type
6.2.1. Gaskets
6.2.1.1. Jacketed
6.2.1.2. Solid
6.2.1.3. Spiral Wound
6.2.1.4. Kammprofile
6.2.2. Seals
6.2.2.1. Static
6.2.2.2. Dynamic
6.3. Market Attractiveness Analysis By Product Type
6.4. Prominent Trends
©2015 Future Market Insights, All Rights Reserved
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Table of Content
7. Global Gaskets and Seals Market Analysis and Forecast, By End-Use Industry
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis By End-Use Industry
7.1.2. Y-o-Y Growth Projections By End-Use Industry
7.1.3. Comparative Analysis By End-Use Industry
7.2. Market Size (US$ Mn) Forecast By End-Use Industry
7.2.1. Metallic
7.2.2. Non-Metallic
7.2.2.1. Elastomeric
7.2.2.2. Others
7.3. Market Attractiveness Analysis By End-Use Industry
7.4. Prominent Trends
8. Global Gaskets and Seals Market Analysis and Forecast, By End-Use Industry
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis By End-Use Industry
8.1.2. Y-o-Y Growth Projections By End-Use Industry
8.1.3. Comparative Analysis By End-Use Industry
©2015 Future Market Insights, All Rights Reserved
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Table of Content
8.2. Market Size (US$ Mn) Forecast By End-Use Industry
8.2.1. Automotive
8.2.2. Aerospace
8.2.3. Machinery
8.2.4. Electrical and Electronics
8.2.5. Marine and rail
8.2.6. Others
8.3. Market Attractiveness Analysis By End-Use Industry
8.4. Prominent Trends
©2015 Future Market Insights, All Rights Reserved
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©2015 Future Market Insights, All Rights Reserved
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