Press release
Sealing Gasket Market to Witness Robust Expansion by 2023
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.
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Global Sealing Gasket Market: Forecast by Type / Application / Region
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%
Over the next five years, LPI(LP Information) projects that Sealing Gasket will register a 8.1% CAGR in terms of revenue, reach US$ 12800 million by 2023, from US$ 8690 million in 2017.
Global Sealing Gasket Market: Key Players
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
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Related Information:
United States Sealing Gasket Market Research Report 2018
Europe Sealing Gasket Market Research Report 2018
North America Sealing Gasket Market Research Report 2018
Asia-Pacific Sealing Gasket Market Research Report 2018
China Sealing Gasket Market Research Report 2018
EMEA Sealing Gasket Market Research Report 2018
Global Sealing Gasket Market Research Report 2018
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