Press release
Braided Packing Market: Competitive Dynamics & Global Outlook 2023
Compression packing which is also called braided packing or rope packing. Braided packing is a rope like material which is cut into rings that wrap around the rod. Once installed the compression force generated by tightening of the gland produces radial pressure. Since braided packing expands radially when compressed, the gland tolerances can be more flexible than when using vee packing.
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Global Braided Packing Market: Forecast by Type / Application / Region
Braided packing is usually produced in a square or rectangular cross section and is braided from a range of different materials. Not only can compression packing vary by the material it is braided from, but the way in which it is braided can also vary.
Due to the wide range of braided packing application, such as in chemical, petroleum, food and sugar, pulp, paper and power industries, etc., the market size of braided packing will not shrink. From the view of application market, Pump packing and valve packing are the most active and potential fields.
n the price of products, customers still willing to pay more money to achieve products or service with higher quality. Therefore, it will become harder and harder for a new company which doesn’t have its own core technology and R&D team to survive in this Technology-intensive battle.
Over the next five years, LPI(LP Information) projects that Braided Packing will register a 2.5% CAGR in terms of revenue, reach US$ 5110 million by 2023, from US$ 4510 million in 2017.
Global Braided Packing Market: Key Players
Lamons
BURGMANN INDUSTRIES
Slade Inc.
Carrara
WL GORE&ASSOCIATES
JM
DONIT TESNIT
American Braiding & Manufacturing
Flexitallic
Garlock
Utex Industries
Nippon pillar
James Walker
Kempchen Dichtungstechnik
LATTY INTERNATIONAL
John Crane
SPECO
Teadit
Palmetto Packings
Klinger
Chesterton
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Related Information:
United States Braided Packing Market Research Report 2018
Europe Braided Packing Market Research Report 2018
North America Braided Packing Market Research Report 2018
Asia-Pacific Braided Packing Market Research Report 2018
China Braided Packing Market Research Report 2018
EMEA Braided Packing Market Research Report 2018
Global Braided Packing Market Research Report 2018
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