Market Overview:
The global elastic gaskets market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for elastic gaskets in automotive and electronics applications. In terms of type, the saddle type segment is expected to lead the global elastic gaskets market during the forecast period. This can be attributed to its properties such as high temperature resistance and good compression set resistance. In terms of application, automotive is expected to lead the global elastic gaskets market during the forecast period owing to rising demand for lightweight vehicles across regions.
Product Definition:
Elastic gaskets are thin, sheet-like materials that are used to fill in the gaps between two surfaces. They are typically made from rubber or silicone and can be stretched to fit snugly against the surfaces. Elastic gaskets provide a watertight seal and help prevent leaks. They are also used to absorb shock and vibration.
Saddle:
Saddle is a device that is used in the manufacturing of elastic gaskets. It helps to distribute the stress evenly over a larger area, which reduces the risk of deformation and damage to components. The product has applications in various industries such as automotive, oil & gas, power generation and chemical processing among others.
The global saddle market size was valued at USD 1.07 billion in 2016.
Waveform:
Waveform is a tool that helps to measure the flow rate of fluids. It's basically used for measuring viscosity, surface tension, and other physical parameters. In elastic gaskets market it is used to measure oil or fluid level in wells and pipes by making contact with the surface of the liquid.
It can also be used as a probe or sensor for non-contact measurement of temperature, pressure or volume across interfaces between air and liquids or solids.
Application Insights:
Automotive was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The automotive industry makes extensive use of gaskets for a variety of purposes, such as sealing, insulation, and noise reduction. In terms of revenue, this segment is anticipated to ascend at a CAGR of XX% from 2018 to 2030.
Elastomers are used in various end-use industries including building & construction and consumer goods on account with their excellent mechanical strength coupled with high chemical resistance properties. Elastomers have been witnessing significant demand owing to their ability to perform under extreme conditions without undergoing any wear or tear thereby maintaining product life cycles longer than conventional products do. In addition, increasing penetration elastomeric products into niche applications has been driving growth across various regions globally which is expectedto bode well for market expansion over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a revenue share of over 38% in 2017 and is projected to reach USD X billion by 2030, owing to increasing product demand from various end-use industries such as electronics, automotive, aerospace & defense.
The growth can be attributed to rapid industrialization coupled with growing infrastructure activities across emerging economies such as China and India. Furthermore, rising awareness regarding health & safety standards during production processes will drive industry expansion further on account of high demand for quality products that comply with regulatory norms pertaining to workplace injuries or accidents at work place or while performing hazardous activities at home etc., which are manufactured using elastic gaskets.
Europe was the second largest regional segment accounting for a revenue share of around 26% in 2017 owing towards presence of major automobile manufacturers including Volkswagen Group; BMW AG; Daimler AG; Ford Motor Company Europe S.A.
Growth Factors:
- Increasing demand from end-use industries such as automotive, construction, and electrical & electronics
- Growing popularity of elastomeric gaskets in sealing applications owing to their superior properties such as high temperature resistance and chemical resistance
- Rising investments in research and development activities for the development of innovative elastomeric gasket products
- Proliferation of online retail platforms that offer a wide range of elastic gaskets at competitive prices
- Growing number of mergers and acquisitions among key players to consolidate their positions in the elastic gaskets market
Scope Of The Report
Report Attributes
Report Details
Report Title
Elastic Gaskets Market Research Report
By Type
Saddle, Waveform
By Application
Automotive, Electronics
By Companies
Boyd Corporation, Dupont, Parker Hannifin Corporation, James Walker, SRP, Stockwell Elastomerics Inc., W.L. Gore & Associates, Dana Holdings Corporation, Elring Klinger A.G., Denver Rubber Company
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Elastic Gaskets Market Report Segments:
The global Elastic Gaskets market is segmented on the basis of:
Types
Saddle, Waveform
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Electronics
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Boyd Corporation
- Dupont
- Parker Hannifin Corporation
- James Walker
- SRP
- Stockwell Elastomerics Inc.
- W.L. Gore & Associates
- Dana Holdings Corporation
- Elring Klinger A.G.
- Denver Rubber Company
Highlights of The Elastic Gaskets Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Saddle
- Waveform
- By Application:
- Automotive
- Electronics
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Elastic Gaskets Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Elastic Gaskets are a type of gasket that is made from rubber or plastic. They are used to seal off areas where air and water cannot flow freely, such as between two pieces of metal. Elastic Gaskets can also be used to create a watertight seal between two objects.
Some of the key players operating in the elastic gaskets market are Boyd Corporation, Dupont, Parker Hannifin Corporation, James Walker, SRP, Stockwell Elastomerics Inc., W.L. Gore & Associates, Dana Holdings Corporation, Elring Klinger A.G., Denver Rubber Company.
The elastic gaskets market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Elastic Gaskets Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Elastic Gaskets Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Elastic Gaskets Market - Supply Chain
4.5. Global Elastic Gaskets Market Forecast
4.5.1. Elastic Gaskets Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Elastic Gaskets Market Size (000 Units) and Y-o-Y Growth
4.5.3. Elastic Gaskets Market Absolute $ Opportunity
5. Global Elastic Gaskets Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Elastic Gaskets Market Size and Volume Forecast by Type
5.3.1. Saddle
5.3.2. Waveform
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Elastic Gaskets Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Elastic Gaskets Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Electronics
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Elastic Gaskets Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Elastic Gaskets Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Elastic Gaskets Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Elastic Gaskets Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Elastic Gaskets Demand Share Forecast, 2019-2029
9. North America Elastic Gaskets Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Elastic Gaskets Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Elastic Gaskets Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Electronics
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Elastic Gaskets Market Size and Volume Forecast by Type
9.7.1. Saddle
9.7.2. Waveform
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Elastic Gaskets Demand Share Forecast, 2019-2029
10. Latin America Elastic Gaskets Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Elastic Gaskets Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Elastic Gaskets Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Electronics
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Elastic Gaskets Market Size and Volume Forecast by Type
10.7.1. Saddle
10.7.2. Waveform
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Elastic Gaskets Demand Share Forecast, 2019-2029
11. Europe Elastic Gaskets Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Elastic Gaskets Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Elastic Gaskets Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Electronics
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Elastic Gaskets Market Size and Volume Forecast by Type
11.7.1. Saddle
11.7.2. Waveform
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Elastic Gaskets Demand Share, 2019-2029
12. Asia Pacific Elastic Gaskets Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Elastic Gaskets Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Elastic Gaskets Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Electronics
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Elastic Gaskets Market Size and Volume Forecast by Type
12.7.1. Saddle
12.7.2. Waveform
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Elastic Gaskets Demand Share, 2019-2029
13. Middle East & Africa Elastic Gaskets Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Elastic Gaskets Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Elastic Gaskets Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Electronics
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Elastic Gaskets Market Size and Volume Forecast by Type
13.7.1. Saddle
13.7.2. Waveform
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Elastic Gaskets Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Elastic Gaskets Market: Market Share Analysis
14.2. Elastic Gaskets Distributors and Customers
14.3. Elastic Gaskets Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Boyd Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Dupont
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Parker Hannifin Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. James Walker
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SRP
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Stockwell Elastomerics Inc.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. W.L. Gore & Associates
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Dana Holdings Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Elring Klinger A.G.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Denver Rubber Company
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
