Gaskets and Seals Market Showing Impressive Growth during Forecast Period 2023 – 2031 | SKF, Dana Ltd., Crown Gaskets Pvt. Ltd., Freudenberg Sealing Technologies GmbH & Co. KG
New York, Global Gaskets and Seals Market report from Global Insight Services is the single authoritative source of intelligence on Gaskets and Seals Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Gaskets and seals are used to prevent leaks in systems and components. Gaskets are usually made from materials such as rubber, cork, paper, silicone, or metal, and are used to seal two surfaces together. Seals are usually made from materials such as rubber, plastic, or metal, and are used to prevent fluids or gases from escaping from a system or component.
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Key Trends
The key trends in gasket and seal technology are:
1. Increased use of materials that can withstand higher temperatures: Traditional gasket and seal materials such as asbestos and rubber can degrade at high temperatures, leading to leaks. To address this, manufacturers are increasingly using materials such as graphite, ceramic and metal that can withstand higher temperatures.
2. Improved design and manufacturing methods: Newer gasket and seal designs take advantage of advances in computer-aided design and manufacturing methods. This has led to better sealing performance and increased durability.
Key Drivers
The key drivers of the gaskets and seals market are the ever-increasing demand for better sealing solutions in various end-use industries, such as automotive, aerospace, and construction. The need for gaskets and seals arises due to the fact that there are many applications where a perfect seal is required in order to prevent any kind of leakage. In the automotive industry, for instance, gaskets and seals are used in order to prevent oil and coolant leaks.
Market Segmentation
By Product
- Gaskets
- Seals
By Application
- Automotive
- Aerospace
- Others
By End-User
- OEM
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Key Players
- SKF
- Dana Ltd.
- Crown Gaskets Pvt. Ltd.
- Freudenberg Sealing Technologies GmbH & Co. KG
- Flowserve Corp.
- Smiths Group Plc
- Garlock Sealing Technologies LLC
- Bruss Sealing System GmbH
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