Market Overview:
The global neoprene elastic gaskets 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 neoprene elastic gaskets from the automotive and electronics industries. Neoprene elastic gaskets are used in a wide range of applications, such as automotive, electronics, medical devices, and others. They are used in various applications owing to their properties such as resistance to oil and chemicals, high temperature resistance, and others.
Product Definition:
A neoprene elastic gasket is a type of sealant made from synthetic rubber. It is commonly used in applications that require an airtight or watertight seal.
Saddle:
Saddle is a type of Neoprene elastic gasket that is used in conjunction with the stem of a diaphragm, impeller or compressor to provide sealing and prevent leakage. It can also be used as an isolator between two components. The growth factor for this market is primarily attributed to growing industrialization which has led to the increasing adoption rate of machinery across various industries such as oil & gas, construction chemicals, food processing and automotive OEMs among others.
Waveform:
Waveform is a pattern or shape of electric wave. It can be visualized as a series of short and long waves, with the short waves having higher amplitudes than long waves. The range of waveforms that can be produced by an electrical source is limited only by the properties of the materials used to generate them (such as wire gauge). Waveforms are generated using different devices such as oscilloscopes, spectrum analyzers, and signal generators.
Application Insights:
Automotive application dominated the global neoprene elastic gaskets market in 2017, accounting for over 45.0% share of the overall revenue. The product is widely used in automotive industry owing to its properties such as high temperature resistance and excellent flexibility at low temperatures which make it a suitable material for manufacturing car interiors and exteriors. In addition, increasing production of electric vehicles is expected to drive demand from this segment over the forecast period.
The electronics segment accounted for a significant market share in 2017 and is expected to grow at a CAGR exceeding 7% during the forecast period due to extensive use of rubber products between electronic components owing to their superior insulation properties which prevent electrical short circuits and leakage current from affecting other components nearby thereby maintaining reliable operation of automobiles equipped with these electronic devices.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing product demand from various industries, such as automotive, electronics and medical. Rising disposable income coupled with a growing population in emerging countries of Asia Pacific has resulted in an increased demand for automobiles which will further boost product consumption.
The presence of major automobile manufacturers including Toyota Industries Corporation; Honda Motor Co., Ltd.; Suzuki Motor Corporation; Isuzu Motors Ltd.; Mazda Motor Corp.; Mitsubishi Electric Factory Automobile Co., Ltd.; and Hyundai Mobis Korea Inc. have manufacturing facilities located across China, India, Japan and South East Asian countries is anticipated to drive neoprene elastic gaskets market over the forecast period.
Growth Factors:
- Increasing demand from automotive and transportation industry for fuel efficiency and emission control
- Growing demand for neoprene elastic gaskets in construction and infrastructure sector
- Rising popularity of neoprene elastic gaskets in electrical and electronics industry
- Increasing use of neoprene elastic gaskets in medical devices and appliances
- Technological advancements that are resulting in development of new applications for neoprene elastic gaskets
Scope Of The Report
Report Attributes
Report Details
Report Title
Neoprene 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, Boyd Corporation
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
152
Number of Tables & Figures
107
Customization Available
Yes, the report can be customized as per your need.
Global Neoprene Elastic Gaskets Market Report Segments:
The global Neoprene 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
- Boyd Corporation
Highlights of The Neoprene 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 Neoprene 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- 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?
Neoprene elastic gaskets are a type of rubber or neoprene material that is used to seal and protect openings in equipment. They are often used in industrial applications, such as oil and gas pipelines, water treatment plants, and power generation facilities.
Some of the major companies in the neoprene 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, Boyd Corporation.
The neoprene elastic gaskets 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 Neoprene Elastic Gaskets 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 Neoprene Elastic Gaskets Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Neoprene Elastic Gaskets 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 Neoprene Elastic Gaskets 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 Neoprene Elastic Gaskets Market Size & Forecast, 2018-2028
4.5.1 Neoprene Elastic Gaskets Market Size and Y-o-Y Growth
4.5.2 Neoprene Elastic Gaskets Market Absolute $ Opportunity
Chapter 5 Global Neoprene Elastic Gaskets 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 Neoprene Elastic Gaskets Market Size Forecast by Type
5.2.1 Saddle
5.2.2 Waveform
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Neoprene Elastic Gaskets 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 Neoprene Elastic Gaskets Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Electronics
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Neoprene Elastic Gaskets 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 Neoprene Elastic Gaskets 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 Neoprene Elastic Gaskets Analysis and Forecast
9.1 Introduction
9.2 North America Neoprene Elastic Gaskets 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 Neoprene Elastic Gaskets Market Size Forecast by Type
9.6.1 Saddle
9.6.2 Waveform
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 Neoprene Elastic Gaskets Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Electronics
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 Neoprene Elastic Gaskets Analysis and Forecast
10.1 Introduction
10.2 Europe Neoprene Elastic Gaskets 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 Neoprene Elastic Gaskets Market Size Forecast by Type
10.6.1 Saddle
10.6.2 Waveform
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 Neoprene Elastic Gaskets Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Electronics
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 Neoprene Elastic Gaskets Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Neoprene Elastic Gaskets 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 Neoprene Elastic Gaskets Market Size Forecast by Type
11.6.1 Saddle
11.6.2 Waveform
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 Neoprene Elastic Gaskets Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Electronics
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 Neoprene Elastic Gaskets Analysis and Forecast
12.1 Introduction
12.2 Latin America Neoprene Elastic Gaskets 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 Neoprene Elastic Gaskets Market Size Forecast by Type
12.6.1 Saddle
12.6.2 Waveform
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 Neoprene Elastic Gaskets Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Electronics
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) Neoprene Elastic Gaskets Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Neoprene Elastic Gaskets 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) Neoprene Elastic Gaskets Market Size Forecast by Type
13.6.1 Saddle
13.6.2 Waveform
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) Neoprene Elastic Gaskets Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Electronics
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 Neoprene Elastic Gaskets Market: Competitive Dashboard
14.2 Global Neoprene Elastic Gaskets Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Boyd Corporation
14.3.2 Dupont
14.3.3 Parker Hannifin Corporation
14.3.4 James Walker
14.3.5 SRP
14.3.6 Stockwell Elastomerics Inc.
14.3.7 W.L. Gore & Associates
14.3.8 Dana Holdings Corporation
14.3.9 Elring Klinger A.G.
14.3.10 Denver Rubber Company
14.3.11 Boyd Corporation
