The US market for gaskets and seals is expected to expand 3.8 percent annually through 2018 to $10.6 billion. Compression packings and molded seals and packings will be the fastest growing seals, while expanded graphite gaskets will be the most rapidly growing gasket products. The electrical and electronic products market will lead gains.This study analyzes the $8.7 billion US gasket and seal industry. It presents historical demand data for 2003, 2008 and 2013, and forecasts for 2018 and 2023 by product (nonmetallic gaskets, metallic gaskets, body seals, molded seals and packings, shaft seals, compression packings) and market (e.g., motor vehicles, machinery, electrical and electronic products, aerospace equipment, marine and rail equipment).The study also considers market environment factors, details industry structure, evaluates company market share and profiles 33 industry players, including Parker-Hannifin, Freudenberg and Federal-Mogul.
Freedonia Market Research—Reports provide industry insights targeting market size, product and market segmentation, product and market forecasts, industry composition, market leaders and business trends.
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