Gasket and Seal Materials Market size to grow at a CAGR of 5.84% from 2022 to 2027, Market is segmented by end-user, application, and geography - Technavio

NEW YORK, May 12, 2023 /PRNewswire/ -- The gasket and seal materials market is estimated to grow by USD 17.75 billion from 2022 to 2027. However, the growth momentum will progress at a CAGR of 5.84% during the forecast period. The market is segmented by end-user (OEMs and aftersales market), application (automotive, industrial machinery, electrical and electronics, oil and gas, and others), and geography (APAC, North America, Europe, South America, and Middle East and Africa). The market share growth by the OEM segment will be significant for overall market growth during the forecast period. The segment accounted for a higher share than the aftersales segment in the global market in 2022 and the demand for these materials in the OEM segment is primarily driven by the increased adoption of gaskets and seals by vehicle manufacturers. The growing use of gaskets and seals in improving the performance of engineering equipment significantly drives market growth. Industries including oil and gas, chemical, mining, food processing, machine tools, and agricultural equipment manufacturing rely heavily on the use of various engineered equipment for their daily operations. The leakage of fluids, oil, and lubricants results in a decline in the performance of engineering equipment. Thus, the presence of gaskets and seals helps in the proper functioning of engineering components. Download a Sample Report in Minutes!

Gasket and Seal Materials Market Insights -

• Vendors: 15+, Including A.W. Chesterton Co., AB SKF, Aesseal Plc, AMETEK Inc., Boyd Corp., Cooper Standard Holdings Inc., Dana Inc., ElringKlinger AG, EnPro Industries Inc., Excelsior Inc., Flowserve Corp., Freudenberg SE, HEXPOL AB, Meccanotecnica Umbra SPA, Parker Hannifin Corp., Sealmax, Stockwell Elastomerics Inc., Tenneco Inc., Trelleborg AB, and VALQUA Ltd., among others
• Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
• Segments: End-user (OEMs and Aftersales market), Application (Automotive, Industrial machinery, Electrical and electronics, Oil and gas, and Others), and Geography (APAC, North America, Europe, South America, and Middle East and Africa)

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Gasket and seal materials market - Vendor Insights

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors including A.W. Chesterton Co., AB SKF, Aesseal Plc, AMETEK Inc., Boyd Corp., Cooper Standard Holdings Inc., Dana Inc., ElringKlinger AG, EnPro Industries Inc., Excelsior Inc., Flowserve Corp., Freudenberg SE, HEXPOL AB, Meccanotecnica Umbra SPA, Parker Hannifin Corp., Sealmax, Stockwell Elastomerics Inc., Tenneco Inc., Trelleborg AB, and VALQUA Ltd.

Gasket and Seal Materials Market – Market Dynamics

Major Trends -

• Growth in aftermarket sales is an emerging trend in the gasket and seal materials market. 
• Gasket and seal materials have a short lifespan, which varies based on their application. They are also replaced regularly to comply with federal or local emission regulations and to maintain process efficiency by eliminating leakage.
• The replacement or upgradation of these materials notably contributes to the growth of the global market.
• Hence, such growth in aftermarket sales is expected to drive the global market during the forecast period.

Key challenges -

• The volatility in raw material prices is a major challenge that may hinder market growth. 
• The fluctuating prices of raw materials for the production of metallic and non-metallic gaskets and seals will hamper the market growth.
• Some of the metals used in manufacturing metallic gaskets include different materials. It includes stainless steel, aluminum, titanium, and copper. Silicone, PTFE, thermoplastic polyurethane (TPU), fluorocarbon elastomer, natural rubber, and graphite are some of the materials used in the production of non-metallic gaskets.
• Thus, all these factors will likely hinder the market growth during the forecast period. 

Drivers, & Challenges have an impact on market dynamics and can impact businesses. Find some insights from a sample report!

The gasket and seal materials market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

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What are the key data covered in this Gasket and Seal Materials Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the gasket and seal materials market between 2023 and 2027
• Precise estimation of the size of the gasket and seal materials market and its contribution to the market with a focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the gasket and seal materials market across APAC, North America, Europe, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of the gasket and seal materials market vendors

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Table of Contents:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global gasket and seal materials market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global gasket and seal materials market 2017 - 2021 ($ billion)

• 4.2 End-User Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – End-User Segment 2017 - 2021 ($ billion)

• 4.3 Application Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ billion)

• 4.4 Geography Segment Analysis 2017 - 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

• 4.5 Country Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

• 6.1 Market segments 
• Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)

• 6.2 Comparison by End-user 
• Exhibit 32: Chart on Comparison by End-user
• Exhibit 33: Data Table on Comparison by End-user

• 6.3 OEMs - Market size and forecast 2022-2027
• Exhibit 34: Chart on OEMs - Market size and forecast 2022-2027 ($ billion)
• Exhibit 35: Data Table on OEMs - Market size and forecast 2022-2027 ($ billion)
• Exhibit 36: Chart on OEMs - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on OEMs - Year-over-year growth 2022-2027 (%)

• 6.4 Aftersales market - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Aftersales market - Market size and forecast 2022-2027 ($ billion)
• Exhibit 39: Data Table on Aftersales market - Market size and forecast 2022-2027 ($ billion)
• Exhibit 40: Chart on Aftersales market - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Aftersales market - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by End-user 
• Exhibit 42: Market opportunity by End-user ($ billion)

7 Market Segmentation by Application

• 7.1 Market segments 
• Exhibit 43: Chart on Application - Market share 2022-2027 (%)
• Exhibit 44: Data Table on Application - Market share 2022-2027 (%)

• 7.2 Comparison by Application 
• Exhibit 45: Chart on Comparison by Application
• Exhibit 46: Data Table on Comparison by Application

• 7.3 Automotive - Market size and forecast 2022-2027
• Exhibit 47: Chart on Automotive - Market size and forecast 2022-2027 ($ billion)
• Exhibit 48: Data Table on Automotive - Market size and forecast 2022-2027 ($ billion)
• Exhibit 49: Chart on Automotive - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Automotive - Year-over-year growth 2022-2027 (%)

• 7.4 Industrial machinery - Market size and forecast 2022-2027 
• Exhibit 51: Chart on Industrial machinery - Market size and forecast 2022-2027 ($ billion)
• Exhibit 52: Data Table on Industrial machinery - Market size and forecast 2022-2027 ($ billion)
• Exhibit 53: Chart on Industrial machinery - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Industrial machinery - Year-over-year growth 2022-2027 (%)

• 7.5 Electrical and electronics - Market size and forecast 2022-2027 
• Exhibit 55: Chart on Electrical and electronics - Market size and forecast 2022-2027 ($ billion)
• Exhibit 56: Data Table on Electrical and electronics - Market size and forecast 2022-2027 ($ billion)
• Exhibit 57: Chart on Electrical and electronics - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Electrical and electronics - Year-over-year growth 2022-2027 (%)

• 7.6 Oil and gas - Market size and forecast 2022-2027
• Exhibit 59: Chart on Oil and gas - Market size and forecast 2022-2027 ($ billion)
• Exhibit 60: Data Table on Oil and gas - Market size and forecast 2022-2027 ($ billion)
• Exhibit 61: Chart on Oil and gas - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Oil and gas - Year-over-year growth 2022-2027 (%)

• 7.7 Others - Market size and forecast 2022-2027
• Exhibit 63: Chart on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 64: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 65: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 7.8 Market opportunity by Application 
• Exhibit 67: Market opportunity by Application ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 69: Chart on Market share by geography 2022-2027 (%)
• Exhibit 70: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 71: Chart on Geographic comparison
• Exhibit 72: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027
• Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 North America - Market size and forecast 2022-2027
• Exhibit 77: Chart on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 78: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 79: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.5 Europe - Market size and forecast 2022-2027
• Exhibit 81: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 82: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 83: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 85: Chart on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 86: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 87: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 89: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 90: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 91: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 China - Market size and forecast 2022-2027
• Exhibit 93: Chart on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 94: Data Table on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 95: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.9 US - Market size and forecast 2022-2027
• Exhibit 97: Chart on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 98: Data Table on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 99: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.10 Germany - Market size and forecast 2022-2027
• Exhibit 101: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 102: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 103: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.11 UK - Market size and forecast 2022-2027
• Exhibit 105: Chart on UK - Market size and forecast 2022-2027 ($ billion)
• Exhibit 106: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
• Exhibit 107: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.12 Japan - Market size and forecast 2022-2027
• Exhibit 109: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
• Exhibit 110: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
• Exhibit 111: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 112: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 113: Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 114: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 115: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 116: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 117: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 118: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 119: Matrix on vendor position and classification

• 12.3 A.W. Chesterton Co. 
• Exhibit 120: A.W. Chesterton Co. - Overview
• Exhibit 121: A.W. Chesterton Co. - Product / Service
• Exhibit 122: A.W. Chesterton Co. - Key offerings

• 12.4 AB SKF 
• Exhibit 123: AB SKF - Overview
• Exhibit 124: AB SKF - Business segments
• Exhibit 125: AB SKF - Key news
• Exhibit 126: AB SKF - Key offerings
• Exhibit 127: AB SKF - Segment focus

• 12.5 AMETEK Inc. 
• Exhibit 128: AMETEK Inc. - Overview
• Exhibit 129: AMETEK Inc. - Business segments
• Exhibit 130: AMETEK Inc. - Key offerings
• Exhibit 131: AMETEK Inc. - Segment focus

• 12.6 Boyd Corp. 
• Exhibit 132: Boyd Corp. - Overview
• Exhibit 133: Boyd Corp. - Product / Service
• Exhibit 134: Boyd Corp. - Key news
• Exhibit 135: Boyd Corp. - Key offerings

• 12.7 Dana Inc. 
• Exhibit 136: Dana Inc. - Overview
• Exhibit 137: Dana Inc. - Business segments
• Exhibit 138: Dana Inc. - Key news
• Exhibit 139: Dana Inc. - Key offerings
• Exhibit 140: Dana Inc. - Segment focus

• 12.8 ElringKlinger AG 
• Exhibit 141: ElringKlinger AG - Overview
• Exhibit 142: ElringKlinger AG - Business segments
• Exhibit 143: ElringKlinger AG - Key offerings
• Exhibit 144: ElringKlinger AG - Segment focus

• 12.9 EnPro Industries Inc. 
• Exhibit 145: EnPro Industries Inc. - Overview
• Exhibit 146: EnPro Industries Inc. - Business segments
• Exhibit 147: EnPro Industries Inc. - Key offerings
• Exhibit 148: EnPro Industries Inc. - Segment focus

• 12.10 Excelsior Inc. 
• Exhibit 149: Excelsior Inc. - Overview
• Exhibit 150: Excelsior Inc. - Product / Service
• Exhibit 151: Excelsior Inc. - Key offerings

• 12.11 Flowserve Corp. 
• Exhibit 152: Flowserve Corp. - Overview
• Exhibit 153: Flowserve Corp. - Business segments
• Exhibit 154: Flowserve Corp. - Key news
• Exhibit 155: Flowserve Corp. - Key offerings
• Exhibit 156: Flowserve Corp. - Segment focus

• 12.12 Freudenberg SE 
• Exhibit 157: Freudenberg SE - Overview
• Exhibit 158: Freudenberg SE - Business segments
• Exhibit 159: Freudenberg SE - Key news
• Exhibit 160: Freudenberg SE - Key offerings
• Exhibit 161: Freudenberg SE - Segment focus

• 12.13 HEXPOL AB 
• Exhibit 162: HEXPOL AB - Overview
• Exhibit 163: HEXPOL AB - Business segments
• Exhibit 164: HEXPOL AB - Key news
• Exhibit 165: HEXPOL AB - Key offerings
• Exhibit 166: HEXPOL AB - Segment focus

• 12.14 Parker Hannifin Corp. 
• Exhibit 167: Parker Hannifin Corp. - Overview
• Exhibit 168: Parker Hannifin Corp. - Business segments
• Exhibit 169: Parker Hannifin Corp. - Key news
• Exhibit 170: Parker Hannifin Corp. - Key offerings
• Exhibit 171: Parker Hannifin Corp. - Segment focus

• 12.15 Stockwell Elastomerics Inc. 
• Exhibit 172: Stockwell Elastomerics Inc. - Overview
• Exhibit 173: Stockwell Elastomerics Inc. - Product / Service
• Exhibit 174: Stockwell Elastomerics Inc. - Key offerings

• 12.16 Tenneco Inc. 
• Exhibit 175: Tenneco Inc. - Overview
• Exhibit 176: Tenneco Inc. - Business segments
• Exhibit 177: Tenneco Inc. - Key news
• Exhibit 178: Tenneco Inc. - Key offerings
• Exhibit 179: Tenneco Inc. - Segment focus

• 12.17 Trelleborg AB 
• Exhibit 180: Trelleborg AB - Overview
• Exhibit 181: Trelleborg AB - Business segments
• Exhibit 182: Trelleborg AB - Key news
• Exhibit 183: Trelleborg AB - Key offerings
• Exhibit 184: Trelleborg AB - Segment focus

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 185: Inclusions checklist
• Exhibit 186: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 187: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 188: Research methodology
• Exhibit 189: Validation techniques employed for market sizing
• Exhibit 190: Information sources

• 13.5 List of abbreviations 
• Exhibit 191: List of abbreviations

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