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Advanced Fiber-based Gasket Market by Application and Geography - Forecast and Analysis 2021-2025

  • Published: Feb 2021
  • Pages: 120
  • SKU: IRTNTR70090
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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

Advanced-Fiber-based-Gasket-Market-Market-Size-2020-2025

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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

Advanced Fiber-based Gasket Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4%

Market growth 2021-2025

$ 227.63 million

Market structure

Fragmented

YoY growth (%)

3.95

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 43%

Key consumer countries

US, China, Japan, Germany, and South Korea (Republic of Korea)

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

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

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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Advanced Fiber-based Gasket Market: Segmentation by Geography

Advanced-Fiber-based-Gasket-Market-Market-Share-by-Region-2020-2025

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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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Executive Summary

    Market Landscape

    • Market ecosystem
    • Market characteristics
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • Chemicals - Market size and forecast 2020-2025
    • Industrial machinery - Market size and forecast 2020-2025
    • Electrical and electronics - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by Application

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • APAC - Market size and forecast 2020-2025
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers – Demand led growth
      • Market challenges
      • Market trends

      Vendor Landscape

      • Competitive scenario
      • Vendor landscape
      • Landscape disruption
      • Industry risks

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • 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

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
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      The advanced fiber-based gasket market growth will increase by $227.63 million during 2020-2025.
      The advanced fiber-based gasket market is expected to grow at a CAGR of 4.42% during 2020-2025.
      Technavio has segmented the advanced fiber-based gasket market by application (Chemicals, Industrial machinery, Electrical and electronics, and Others) and geographic (APAC, North America, Europe, South America, and MEA).
      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 are a few of the key vendors in the advanced fiber-based gasket market.
      APAC will register the highest growth rate of 43.44% among the other regions. Therefore, the advanced fiber-based gasket market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      • US
      • China
      • Japan
      • Germany
      • South Korea (Republic of Korea)
      The key factors driving the advanced fiber-based gasket market growth are:
      • Growth in global oil and gas and petrochemical refineries
      The advanced fiber-based gasket market vendors should focus on grabbing business opportunities from the segment as it accounted for the largest market share in the base year.
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