Market Overview:
The global flexible graphite gasket market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for automotive gasketing, general industrial packing, corrosion resistant seals, and others applications. Additionally, the growing demand for lightweight and durable materials is also contributing to the growth of this market. Based on type, the global flexible graphite gasket market can be segmented into plain graphite type and stainless steel flexible graphite type. The plain graphite type segment is expected to dominate the global flexible graphite gasket market during the forecast period owing to its low cost and high performance characteristics. .
Product Definition:
A flexible graphite gasket is a type of gasket that is made from a material that can be bent or flexed without breaking. This makes it ideal for use in applications where the surface between the two components being sealed is not perfectly flat. Flexible graphite gaskets are often used in high-pressure and high-temperature applications, as they can withstand heat and pressure better than other types of gaskets.
Plain Graphite Type:
Plain graphite type is a high-pressure material made up of carbon and hydrogen. It has the ability to change from solid to liquid at room temperature under normal atmospheric conditions. The plain graphite type is used in the manufacturing of gaskets for various applications including steam turbine, gas turbine, centrifugal pump impellers, automotive engines and compressors among others.
The global flexible graphite gasket market size was valued at USD 2.5 billion in 2016.
Stainless Steel Flexible Graphite Type:
Stainless steel flexible graphite type is a special material that combines the properties of both stainless steel and graphite. It has excellent corrosion resistance, thermal stability, high strength and is also easy to install. The major advantage of using this product is that it helps in reducing the overall weight of the system which further helps in improving fuel efficiency as well as power output.
Application Insights:
Automotive gasketing application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The automotive industry has been witnessing significant growth due to rising sales of passenger cars and light commercial vehicles (LCVs). This growth has led to increased demand for flexible graphite gaskets that are used in sealing applications across various vehicle components, including engine, transmission box, body side panel joints and panels along with heat & noise insulation between engine compartment walls.
The general industrial packing segment was valued at USD 22.0 million in 2017 owing to its increasing use as an effective material when it comes time for processing large size orders or those requiring a high level of accuracy during packaging operations such as assembly or component placement on an assembly line or machine part handling/insertion into another component/another part handling fixture on another production line among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. Growing automotive production in these countries coupled with growing construction industry has led to an increased demand for graphite gaskets from Asia Pacific region.
The growth of industries such as oil & gas, power generation and petrochemicals in Middle East & Africa (MEA) is anticipated to fuel product demand over the forecast period. MEA flexible graphite gasket market was valued at USD X million in 2017 owing to high consumption levels from various application sectors across numerous industries such as aerospace manufacturing, automotive component manufacturing and others.
North America accounted for a significant share of global revenue due to increasing use of flexible graphite gaskets within various applications across major industries including aerospace & defense (AD), industrial machinery etc., which can be attributed largely towards rising energy prices within U.S.
Growth Factors:
- Increasing demand for flexible graphite gasket in the automotive and aerospace industries due to its excellent thermal and electrical insulation properties.
- Growing popularity of graphene-based flexible graphite gaskets as they offer high heat resistance, superior mechanical strength, and good electrical conductivity.
- Rising demand for lightweight and durable components in various end-use industries, which is fueling the growth of the global flexible graphite gasket market.
- Technological advancements that have led to the development of innovative products such as self-adhesive flexible graphite gaskets are expected to boost market growth in the coming years.
- Stringent environmental regulations across regions are compelling manufacturers to adopt eco-friendly materials such as flexible graphite gaskets, thereby propelling market growth over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Flexible Graphite Gasket Market Research Report
By Type
Plain Graphite Type, Stainless Steel Flexible Graphite Type
By Application
Automotive Gasketing, General Industrial Packing, Corrosion Resistant Seals, Others
By Companies
Garlock, GrafTech, Teadit, The Flexitallic Group, Lamons, Gasket Resources, Xuzhou Jinxing Graphite Material Co., Toyo Tanso, Gee Graphite Ltd, Custom Gasket Mfg, Garlock
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
120
Number of Tables & Figures
84
Customization Available
Yes, the report can be customized as per your need.
Global Flexible Graphite Gasket Market Report Segments:
The global Flexible Graphite Gasket market is segmented on the basis of:
Types
Plain Graphite Type, Stainless Steel Flexible Graphite Type
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 Gasketing, General Industrial Packing, Corrosion Resistant Seals, Others
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:
- Garlock
- GrafTech
- Teadit
- The Flexitallic Group
- Lamons
- Gasket Resources
- Xuzhou Jinxing Graphite Material Co.
- Toyo Tanso
- Gee Graphite Ltd
- Custom Gasket Mfg
- Garlock
Highlights of The Flexible Graphite Gasket 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:
- Plain Graphite Type
- Stainless Steel Flexible Graphite Type
- By Application:
- Automotive Gasketing
- General Industrial Packing
- Corrosion Resistant Seals
- Others
- 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 Flexible Graphite Gasket 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.
How you may use our products:
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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?
Flexible graphite gasket is a type of gasket that is made from flexible graphite. It is used to seal the joint between two pieces of metal or other materials. This type of gasket can be easily stretched and compressed, which makes it ideal for use in areas where temperature and humidity changes are common.
Some of the key players operating in the flexible graphite gasket market are Garlock, GrafTech, Teadit, The Flexitallic Group, Lamons, Gasket Resources, Xuzhou Jinxing Graphite Material Co., Toyo Tanso, Gee Graphite Ltd, Custom Gasket Mfg, Garlock.
The flexible graphite gasket market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Flexible Graphite Gasket Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Flexible Graphite Gasket Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Flexible Graphite Gasket Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Flexible Graphite Gasket Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Flexible Graphite Gasket Market Size & Forecast, 2018-2028
4.5.1 Flexible Graphite Gasket Market Size and Y-o-Y Growth
4.5.2 Flexible Graphite Gasket Market Absolute $ Opportunity
Chapter 5 Global Flexible Graphite Gasket Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Flexible Graphite Gasket Market Size Forecast by Type
5.2.1 Plain Graphite Type
5.2.2 Stainless Steel Flexible Graphite Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Flexible Graphite Gasket Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Flexible Graphite Gasket Market Size Forecast by Applications
6.2.1 Automotive Gasketing
6.2.2 General Industrial Packing
6.2.3 Corrosion Resistant Seals
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Flexible Graphite Gasket Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Flexible Graphite Gasket Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Flexible Graphite Gasket Analysis and Forecast
9.1 Introduction
9.2 North America Flexible Graphite Gasket Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Flexible Graphite Gasket Market Size Forecast by Type
9.6.1 Plain Graphite Type
9.6.2 Stainless Steel Flexible Graphite Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Flexible Graphite Gasket Market Size Forecast by Applications
9.10.1 Automotive Gasketing
9.10.2 General Industrial Packing
9.10.3 Corrosion Resistant Seals
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Flexible Graphite Gasket Analysis and Forecast
10.1 Introduction
10.2 Europe Flexible Graphite Gasket Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Flexible Graphite Gasket Market Size Forecast by Type
10.6.1 Plain Graphite Type
10.6.2 Stainless Steel Flexible Graphite Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Flexible Graphite Gasket Market Size Forecast by Applications
10.10.1 Automotive Gasketing
10.10.2 General Industrial Packing
10.10.3 Corrosion Resistant Seals
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Flexible Graphite Gasket Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Flexible Graphite Gasket Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Flexible Graphite Gasket Market Size Forecast by Type
11.6.1 Plain Graphite Type
11.6.2 Stainless Steel Flexible Graphite Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Flexible Graphite Gasket Market Size Forecast by Applications
11.10.1 Automotive Gasketing
11.10.2 General Industrial Packing
11.10.3 Corrosion Resistant Seals
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Flexible Graphite Gasket Analysis and Forecast
12.1 Introduction
12.2 Latin America Flexible Graphite Gasket Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Flexible Graphite Gasket Market Size Forecast by Type
12.6.1 Plain Graphite Type
12.6.2 Stainless Steel Flexible Graphite Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Flexible Graphite Gasket Market Size Forecast by Applications
12.10.1 Automotive Gasketing
12.10.2 General Industrial Packing
12.10.3 Corrosion Resistant Seals
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Flexible Graphite Gasket Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Flexible Graphite Gasket Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Flexible Graphite Gasket Market Size Forecast by Type
13.6.1 Plain Graphite Type
13.6.2 Stainless Steel Flexible Graphite Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Flexible Graphite Gasket Market Size Forecast by Applications
13.10.1 Automotive Gasketing
13.10.2 General Industrial Packing
13.10.3 Corrosion Resistant Seals
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Flexible Graphite Gasket Market: Competitive Dashboard
14.2 Global Flexible Graphite Gasket Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Garlock
14.3.2 GrafTech
14.3.3 Teadit
14.3.4 The Flexitallic Group
14.3.5 Lamons
14.3.6 Gasket Resources
14.3.7 Xuzhou Jinxing Graphite Material Co.
14.3.8 Toyo Tanso
14.3.9 Gee Graphite Ltd
14.3.10 Custom Gasket Mfg
14.3.11 Garlock
