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Gasket and Seals Market in US 2019-2023

  • Published: Dec 2018
  • Pages: 122
  • SKU: IRTNTR30479
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The gasket and seals market in the US will grow by more than USD 882 million during 2019-2023. This report offers an analysis of the market based on product (metallic gaskets and seals, and non-metallic gasket and seals) and end-user segments (automotive, industrial machinery, and electronics). The report analyzes the market’s competitive landscape and offers information on several gaskets and seal manufacturers including Dana, ElringKlinger, Flowserve, SKF, Tenneco (Federal-Mogul), and Trelleborg.

Below are some of the key findings from this gasket and seals industry analysis report

gasket and seals market in the US

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Gasket and seals industry in the US overview

Gasket and seals industry in the US is expected to grow over the next five years, driven by the significant aftermarket sales. Seals have a minimum lifespan of two years and can extend up to three years based on their application. They must be upgraded periodically or replaced to ensure their reliability, efficiency, and compliance with federal or local emission regulations. Upgradation or replacements of seals contribute to the overall gasket and seals industry and is one of the key driving factors behind the market growth.

The leading gaskets and seal manufacturers are increasingly focused on aftermarket sales to expand their revenue as it constitutes a significant share of the market. Along with this, the shale industry is witnessing high investments, encouraging shale gas producers to increase their output, leading to higher demand for gaskets and seals market in the US over the next five years. The increasing investments in the US shale industry will drive the gasket and seals market in the US to grow at a CAGR of almost 4% during the forecast period.

Top gaskets and seals manufacturers covered in this market research report

The gasket and seals market in the US is fairly fragmented with the existence of many gaskets and seals manufacturers who offer metallic and non-metallic gaskets and seals to end-users such as automotive, industrial machinery, and end electronics sector. Many established gaskets and seal manufacturers are vying for their share of the market, and the new players must differentiate themselves to gain vital traction over their peers. By offering a complete analysis of the market's competitive landscape and with information on the products offered by critical companies, this gasket and seals industry in the US analysis report will allow the clients to identify new growth opportunities and design innovative strategies for improving their share in the market.

The report offers a complete analysis of various gaskets and seals manufacturers including:

  • Dana
  • ElringKlinger
  • Flowserve
  • SKF
  • Tenneco (Federal-Mogul)
  • Trelleborg

Gasket and seals market in the US segmentation based on product type

  • Metallic gaskets and seals
  • Non-metallic gaskets and seals

With a complete study of the growth opportunities for the gaskets and seal manufacturers, metallic gaskets and seals product type will account for the largest share of this market throughout the forecast period. The growing use of metallic gaskets and seals in medium and high-pressure applications is one of the key reasons behind the dominance of this product type in the gasket and seals market in the US.

Gasket and seals market in the US segmentation based on the end-user type

  • Automotive
  • Industrial machinery
  • Electronics

The automotive end-user type will account for the largest share in the gaskets and seals market in the US. Additionally, the report also provides an accurate prediction of the contribution of the various end-user types to the growth of the size of the gaskets and seals market in the US.

Key highlights of the gasket and seals market in the US for the forecast years 2019-2023:

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will accelerate the growth of the gasket and seals market in the US during the next five years
  • Precise estimation of the gasket and seals market in the US size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the gasket and seals market in the US across based on product and application type
  • A thorough analysis of the market's competitive landscape and detailed information on several gaskets and seal manufacturers
  • Comprehensive details on factors that will challenge the growth of gaskets and seal manufacturers

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

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

PART 06: MARKET SEGMENTATION BY END-USER

  • Market segmentation by end-user
  • Comparison by end-user
  • Automotive - Market size and forecast 2018-2023
  • Industrial machinery - Market size and forecast 2018-2023
  • Electronics - Market size and forecast 2018-2023
  • Others - Market size and forecast 2018-2023
  • Market opportunity by end-user

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY TYPE

  • Market segmentation by type
  • Comparison by type
  • Metallic gasket and seals - Market size and forecast 2018-2023
  • Non-metallic gasket and seals - Market size and forecast 2018-2023
  • Market opportunity by type

PART 09: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges
  • Market trends

PART 10: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 11: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Dana
  • ElringKlinger
  • Flowserve
  • SKF
  • Tenneco (Federal-Mogul)
  • Trelleborg

PART 12: APPENDIX

  • 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
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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
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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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