The advanced fiber-based gasket market size has the potential to grow by $ 227.63 mn during 2021-2025, and the market’s growth momentum will accelerate during the forecast period.
This report provides a detailed analysis of the market by application (Chemicals, Industrial machinery, Electrical and electronics, and Others) and geography (APAC, North America, Europe, South America, and MEA). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Dana Inc., EIS Inc., ElringKlinger AG, EnPro Industries Inc., Flexitallic Group, Freudenberg SE, James Walker Group Ltd., Kaman Corp., Parker Hannifin Corp., and Phelps Industrial Products LLC.
Market Overview
Browse TOC and LoE with selected illustrations and example pages of Advanced Fiber-based Gasket Market
Market Competitive Analysis
The advanced fiber-based gasket market is fragmented. Dana Inc., EIS Inc., ElringKlinger AG, EnPro Industries Inc., Flexitallic Group, Freudenberg SE, James Walker Group Ltd., Kaman Corp., Parker Hannifin Corp., and Phelps Industrial Products LLC are some of the major market participants. Factors such as growth in global oil and gas and petrochemical refineries, growing pharmaceutical sector in asian countries, and adoption of advanced fiber-based gaskets to improve performance of engineering equipment will offer immense growth opportunities. However, intense competition among vendors, increasing use of adhesives and sealants, and slowdown in chinese manufacturing sector may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this advanced fiber-based gasket market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this advanced fiber-based gasket market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading companies, including:
- Dana Inc.
- EIS Inc.
- ElringKlinger AG
- EnPro Industries Inc.
- Flexitallic Group
- Freudenberg SE
- James Walker Group Ltd.
- Kaman Corp.
- Parker Hannifin Corp.
- Phelps Industrial Products LLC
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Advanced Fiber-based Gasket Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4% |
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Market growth 2021-2025 |
$ 227.63 million |
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Market structure |
Fragmented |
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YoY growth (%) |
3.95 |
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Regional analysis |
APAC, North America, Europe, South America, and MEA |
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Performing market contribution |
APAC at 43% |
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Key consumer countries |
US, China, Japan, Germany, and South Korea (Republic of Korea) |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
Dana Inc., EIS Inc., ElringKlinger AG, EnPro Industries Inc., Flexitallic Group, Freudenberg SE, James Walker Group Ltd., Kaman Corp., Parker Hannifin Corp., and Phelps Industrial Products LLC |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Advanced Fiber-based Gasket Market: Segmentation by Geography
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The report offers an up-to-date analysis regarding the current Global market scenario, latest trends and drivers, and the overall market environment. APAC will offer several growth opportunities to market vendors during the forecast period. The adoption of advanced fiber-based gaskets to improve performance of engineering equipment will significantly influence advanced fiber-based gasket market's growth in this region.
43% of the market’s growth will originate from APAC during the forecast period. US | China | Japan | Germany | South Korea (Republic of Korea) are the key markets for advanced fiber-based gasket market in APAC. This report provides an accurate prediction of the contribution of all segments to the growth of the advanced fiber-based gasket market size.
Advanced Fiber-based Gasket Market: Key Highlights of the Report for 2021-2025
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive advanced fiber-based gasket market growth during the next five years
- Precise estimation of the advanced fiber-based gasket market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the advanced fiber-based gasket market industry across APAC, North America, Europe, South America, and MEA
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of advanced fiber-based gasket market vendors
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