Market Overview:
The global gland packing 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 gland packing in various applications, such as valves, pumps, compressors, and others. Additionally, the growing industrialization and urbanization are also contributing to the growth of this market. Based on type, the global gland packing market is segmented into graphite packing and polymer packing. The graphitepacking segment is expected to hold a major share of the global glandpackingmarket duringthe forecast period owingto its properties such as high thermal stability and chemical resistance.
Product Definition:
Gland packing is a material used to fill the space between the movable parts of a gland and its housing. The packing prevents leakage and supports the moving parts. It is usually made of either fibrous or metallic materials.
Graphite Packing:
The global graphite packing market size was valued at USD 1.10 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period on account of its increasing demand from the pharmaceutical industry for tablet manufacturing owing to its high-quality heat resistance, low moisture absorption, and low friability. The growing pharmaceutical industry across major regions including North America & Europe is anticipated to propel growth over the next seven years.
Polymer Packing:
Polymer packing is the process of filling a container with polymer granules by using a net or cloth. The packed product can be used as an alternative to plastic trays and containers in foodservice, pharmaceutical, and household industries. Polymer packing has several advantages over other packaging products such as it's cost-effective, environment friendly & recyclable and offers high protection against contamination.
Application Insights:
The compressor application segment led the global market in 2017 and is projected to expand at a revenue-based CAGR of XX% over the forecast period. Compressor designations include single stage, multi-stage, supercritical, and subcritical; however, compressors are generally of two types: high pressure and low pressure. The former being higher in power consumption than the latter owing to its ability to transfer more energy into its surroundings through sound waves as opposed to air molecules moving inside it.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of major valve manufacturing companies such as Cooper-Buhrmann, Inc., and Flescher & Brinkman. The region is expected to maintain its dominance over the forecast period due to factors such as increasing demand for energy efficiency and implementation of strict environmental regulations by various regulatory bodies.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rapid industrialization, availability of cheap labor, and growing population in countries like China & India. In addition, rising demand for consumer goods along with a large number of valves produced from steel will drive this regional market further. Moreover, favorable government policies aimed at promoting investments are expected fuel industry growth across Asia Pacific region during the forecast period.
Growth Factors:
- Increasing demand from end-use industries such as oil & gas, chemical, and petrochemical is expected to drive the growth of gland packing market over the forecast period.
- Rising investments in infrastructure development projects is another key factor that is anticipated to fuel the demand for gland packing products over the next few years.
- Growing awareness about safety and security among consumers is projected to propel the growth of gland packing market in near future.
- Technological advancements in manufacturing processes are likely to create new opportunities for players operating in this market during forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Gland Packing Market Research Report
By Type
Graphite Packing, Polymer Packing
By Application
Valve, Pump, Compressor, Others
By Companies
VALQUA, LTD, AESSEAL, Vulcan Seals, Carrara, Nippon Pillar, Klinger, John Crane, Hindustan Composites, Champion Seals, Hi Tech Seals Inc, Samsung Industry Co.,Ltd, Qingdao CIERNE, Gore, Garlock, Green Tweed
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Gland Packing Market Report Segments:
The global Gland Packing market is segmented on the basis of:
Types
Graphite Packing, Polymer Packing
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
Valve, Pump, Compressor, 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:
- VALQUA, LTD
- AESSEAL
- Vulcan Seals
- Carrara
- Nippon Pillar
- Klinger
- John Crane
- Hindustan Composites
- Champion Seals
- Hi Tech Seals Inc
- Samsung Industry Co.,Ltd
- Qingdao CIERNE
- Gore
- Garlock
- Green Tweed
Highlights of The Gland Packing 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:
- Graphite Packing
- Polymer Packing
- By Application:
- Valve
- Pump
- Compressor
- 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 Gland Packing 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:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Gland packing is a procedure used to compress and remove excess fluid from the glandular system.
Some of the major companies in the gland packing market are VALQUA, LTD, AESSEAL, Vulcan Seals, Carrara, Nippon Pillar, Klinger, John Crane, Hindustan Composites, Champion Seals, Hi Tech Seals Inc, Samsung Industry Co.,Ltd, Qingdao CIERNE, Gore, Garlock, Green Tweed.
The gland packing market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Gland Packing 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 Gland Packing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Gland Packing 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 Gland Packing 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 Gland Packing Market Size & Forecast, 2018-2028
4.5.1 Gland Packing Market Size and Y-o-Y Growth
4.5.2 Gland Packing Market Absolute $ Opportunity
Chapter 5 Global Gland Packing 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 Gland Packing Market Size Forecast by Type
5.2.1 Graphite Packing
5.2.2 Polymer Packing
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Gland Packing 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 Gland Packing Market Size Forecast by Applications
6.2.1 Valve
6.2.2 Pump
6.2.3 Compressor
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Gland Packing 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 Gland Packing 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 Gland Packing Analysis and Forecast
9.1 Introduction
9.2 North America Gland Packing 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 Gland Packing Market Size Forecast by Type
9.6.1 Graphite Packing
9.6.2 Polymer Packing
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 Gland Packing Market Size Forecast by Applications
9.10.1 Valve
9.10.2 Pump
9.10.3 Compressor
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 Gland Packing Analysis and Forecast
10.1 Introduction
10.2 Europe Gland Packing 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 Gland Packing Market Size Forecast by Type
10.6.1 Graphite Packing
10.6.2 Polymer Packing
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 Gland Packing Market Size Forecast by Applications
10.10.1 Valve
10.10.2 Pump
10.10.3 Compressor
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 Gland Packing Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Gland Packing 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 Gland Packing Market Size Forecast by Type
11.6.1 Graphite Packing
11.6.2 Polymer Packing
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 Gland Packing Market Size Forecast by Applications
11.10.1 Valve
11.10.2 Pump
11.10.3 Compressor
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 Gland Packing Analysis and Forecast
12.1 Introduction
12.2 Latin America Gland Packing 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 Gland Packing Market Size Forecast by Type
12.6.1 Graphite Packing
12.6.2 Polymer Packing
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 Gland Packing Market Size Forecast by Applications
12.10.1 Valve
12.10.2 Pump
12.10.3 Compressor
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) Gland Packing Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Gland Packing 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) Gland Packing Market Size Forecast by Type
13.6.1 Graphite Packing
13.6.2 Polymer Packing
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) Gland Packing Market Size Forecast by Applications
13.10.1 Valve
13.10.2 Pump
13.10.3 Compressor
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 Gland Packing Market: Competitive Dashboard
14.2 Global Gland Packing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 VALQUA, LTD
14.3.2 AESSEAL
14.3.3 Vulcan Seals
14.3.4 Carrara
14.3.5 Nippon Pillar
14.3.6 Klinger
14.3.7 John Crane
14.3.8 Hindustan Composites
14.3.9 Champion Seals
14.3.10 Hi Tech Seals Inc
14.3.11 Samsung Industry Co.,Ltd
14.3.12 Qingdao CIERNE
14.3.13 Gore
14.3.14 Garlock
14.3.15 Green Tweed
