Press release
North America and Asia-Pacific gasket and seal market: $343,697.5K in 2017, anticipated to reach $528,083.3K by 2025
North America And Asia-pacific Gasket And Seal Market
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐๐ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ : https://www.alliedmarketresearch.com/request-sample/5253
Gaskets are shaped sheets or rings of rubber or other materials that are inserted between two joined metal surfaces to prevent gas, oil, or steam from escaping. They are made from a flat material, a sheet such as paper, rubber, silicone, metal, cork, felt, neoprene, nitrile rubber, fiberglass, polytetrafluoroethylene, or a plastic polymer. An effective gasket in industrial application has the ability to withstand high compressive loads.
Seals are generally molded or machined products used between engine parts, pumps, and shafts to prevent occurrence of leaks within a molded or machined product. Significant increase in motor vehicle production, machinery output, and electrical and electronic equipment production is anticipated to boost the demand for gaskets and seals in the market. Furthermore, rise in adoption of mechanical seals from oil and gas refineries in North America to ensure perfect or precise sealing in a pipeline, which is expected to increase the market value significantly. However, volatility in prices of raw material is anticipated to hamper the market during the forecast period. Moreover, need of superior sealing requirements majorly in the food & beverage, and chemical industries is projected to create huge growth opportunities in the near future.
๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/checkout-final/f87929275cfc7cd2d590fb0b0586bd4e
On the basis of end-use industry, the North America and Asia-Pacific gasket and seal market is classified into automotive & transport, industrial & manufacturing, oil & gas, power & energy, chemicals, and others. Automotive & transport and oil & gas dominated the end-use industry segment in terms of revenue. Increase in adoption of gasket and seal solutions in oil and gas refineries is due to stringent regulations implemented by Environmental Protection Agency (EPA) in North America. As compared to Europe and LAMEA, North America and Asia-Pacific gasket and seal market share is dominant, owing to rising industrialization in Asia-Pacific, and significant increase in adoption of mechanical seals in oil and gas refineries of North America.
Asia-Pacific accounted for more than half share of the gasket and seal market in 2017, and is expected to maintain its lead position during the forecast period, owing to increase in motor vehicle production. India, Japan, Indonesia are some of the countries in the Asia-Pacific region where there is significant rise in motor vehicle production, which fuels the demand for gasket. Asia-Pacific is expected to continue its dominance during the analysis period in terms of revenue, owing to rise in industrialization.
The North America and Asia-Pacific gasket and seal market analysis covers in depth information of major players. Arezda, EagleBurgmann Germany GmbH & Company KG, Flexitallic, Flowserve Corporation, Garlock, James Walker Group Ltd., John Crane, KLINGER Group, NICHIAS Corporation, Smiths Group plc, Tri Graha Sealisindo, and Valqua Ltd are the key players operating in the market.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/5253
๐๐๐ฒ ๐๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐ฌ๐ญ๐ฎ๐๐ฒ
The North America gasket and seal market is projected to grow at the considerable growth rate of nearly 4.4% in terms of revenue, during the forecast period
Based on type, gasket market has highest market share in terms of revenue.
Based on end-use industry, the industrial & manufacturing sector of the market is anticipated to witness noteworthy growth rate of 5.8%, in terms of revenue, during the forecast period.
Asia-Pacific dominated the gasket and seal market with a revenue share of over 54% in 2017
The North America, and Asia-Pacific gasket and seal market trends are also analyzed across major countries of the regions.
The qualitative data in this report aims on the market dynamics, trends, and developments in the North America and Asia-Pacific gasket and seal industry.
A comprehensive analysis of the factors that drive and restrain the North America and Asia Pacific gasket and seal market growth is provided.
The quantitative data provides information of the North America and Asia-Pacific gasket and seal market size in terms of revenue.
๐๐ก๐ ๐ค๐๐ฒ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ
Eagleburgmann Germany Gmbh & Co. Kg
Klinger Group
John Crane
Nichias Corporation
Flowserve Corporation
Garlock
Valqua, Ltd.
Tri Graha Sealisindo
Smiths Group Plc
Arezda
Flexitallic
James Walker Group Ltd
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
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Delaware 19801 USA.
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help@alliedmarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Allied Market Research is market research, consulting, and advisory firm of Allied Analytics LLP. Founded in 2013, the firm has been instrumental in offering high-quality syndicated and customized market research reports, consulting services, and useful insights to leading market players, startups, investors, and stakeholders. Driven by the aim to eliminate sub-standard data and become a successful partner for organizations, Allied Market Research has been innovating continuously, expanding the product & service portfolio, and implementing the client-first approach since its inception. With the clientele spanning more than 7,000 organizations that also include a majority of Fortune 500 companies, AMR has a proven track record of helping and serving the global clientele and playing a major role in their success.
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