6.3 % CAGR,High Temperature Gasket Materials Market is Emerging with US$ 30.2 Billion by 2025

Gaskets made of high temperature materials are intended for use in applications involving exhaust, combustible fluids, flame, and high temperatures. High temperature materials like graphite, fluorosilicone, polytetrafluoroethylene, and fibreglass provide high reliability seals at temperatures where traditional gasket materials fail. These materials are used in gaskets that can withstand temperatures ranging from 350°F to 2300°F.The global high temperature gasket materials market is expected to be worth US$ 30.2 billion by 2025, growing at a CAGR of 6.3 percent during the forecast period. In the presence of high temperatures and pressures, saturated steam, and hot oils, high temperature gaskets are widely used.

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Companies Covered as part of this study include: Auburn Manufacturing, Inc., TEADIT International Produktions GmbH, Flexitallic Group, Inc., Atlantic Gasket Corporation, San Diego Seal, Inc., Garlock Sealing Technologies, Spetech Sp. z o.o. Uszczelnienia Techniczne – Przemysłowe, 3M Company, Advanced Sealing Inc., Hoosier Gasket Corporation, British Gasket Limited, Klinger Limited, and Permatex, Inc...
 
Market Trends

In terms of material type, graphite material segment dominated the high temperature gasket materials market in 2017. This is because graphite is widely used in petrochemical refineries, industrial fluid sealing, electronic and electrochemical applications, and steam service.
Due to significant demand for high temperature gasket materials from countries such as China, India, South Korea, and Japan, Asia Pacific accounted for the largest market share in 2017.

Furthermore, growth in various industries such as automotive, electrical, and chemical is a major factor contributing to Asia Pacific's high demand for these materials. According to the Government of India's India Brand Equity Foundation (IBEF), the Indian electronics market is expected to grow from US$69.6 billion in 2012 to US$400 billion in 2022.
 
Report Purchase Motives:

• The paper examines how High Temperature Gasket Materials is expected to grow in the future.
• Examine various perspectives on the High Temperature Gasket Materials using Porter's five forces analysis.
• The product type expected to dominate the High Temperature Gasket Materials market, as well as the regions expected to grow the fastest over the forecast period, are investigated.
• Recognize the new advancements, High Temperature Gasket Materials shares, and policies of the leading market participants.
• Over the last five years, the competitive landscape has included the High Temperature Gasket Materials share of significant firms as well as important development policies.
• Comprehensive company profiles that include the product offerings of the major High Temperature Gasket Materials players, critical financial information, current advancements, SWOT analysis, and strategies.
 
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