US demand for gaskets and seals is forecast to increase 4.6 percent per annum to $9.6 billion in 2016. Compression packings, body seals and expanded graphite gaskets will register the strongest growth. The growing use of better-performing, higher-priced gaskets and seals will help drive value gains. The marine and rail segment will post the fastest market advances.This study analyzes the $7.6 billion US gasket and seal industry. It presents historical demand data for the years 2001, 2006 and 2011, with forecasts for 2016 and 2021 by product (e.g., nonmetallic gaskets, metallic gaskets, molded seals and packings, body seals, shaft seals) and market (e.g., motor vehicles, machinery, electrical and electronic products, aerospace, marine and rail).The study also considers market environment factors, details industry structure, evaluates company market share and profiles 34 industry players, including Freudenberg, Federal-Mogul and Parker-Hannifin.
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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