Market Overview:
The global neoprene inflatable seals market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for neoprene inflatable seals from transportation, food & beverage, semiconductor, pharmaceutical industry, chemical and other industries. In terms of type, the non reinforced seals segment is expected to hold the largest share of the global neoprene inflatable seals market during the forecast period. This can be attributed to their low cost and easy installation as compared to fabric reinforced seals. In terms of application, transportation is expected to hold the largest share of the global neoprene inflatable seal market duringthe forecast period owingto its growing demand from various end-use industries such as automotive and aerospace.
Product Definition:
A neoprene inflatable seal is a type of gasket used to create a watertight seal between two surfaces. Neoprene is an elastic synthetic rubber that can be molded into various shapes and withstands high pressures and temperatures. Inflatable seals are often used in applications where there is a need for a tight seal that can accommodate movement, such as in mechanical assemblies or flanged joints.
Non Reinforced Seals:
Non reinforced seals are the one which do not get any support from metal or other rigid parts. They are used in places where there is a danger of high pressure and temperature, for example, steam pipes. Non reinforced inflatable seals market size was estimated at USD 637.1 million in 2015 and is expected to grow at a CAGR of XX% over the forecast period on account of increasing use in various application segments including aerospace & defense, oil & gas and chemical processing industry.
Fabric Reinforced Seals:
Fabric reinforced Neoprene inflatable seals are used in the packaging industry for food & beverages, chemicals, pharmaceuticals and other liquids. The fabric reinforcement provides strength to the package which helps in preventing leakage during transportation and handling of packages.
Application Insights:
The transportation application segment led the global neoprene inflatable seals market in 2017 and is projected to witness significant growth over the forecast period. The segment is expected to register a CAGR of XX% from 2018 to 2030 owing to rising demand for passenger cars across developed economies including Germany, U.K., France, Spain and Italy. In addition, increasing sales of trucks and other cargo vehicles are anticipated to propel industry growth over the coming years as these vehicles require large number of seals due largelyto their heavy weightage requirements on wheels such as tires & rims among others which leads into inflated tire pressure monitoring system (TPMS).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing product demand from various end-use industries, such as food & beverage, transportation and semiconductor. China is one of the largest markets for inflatable seals in Asia Pacific owing to rapid industrialization coupled with a large population base.
The European market also held a significant share in terms of volume due to early adoption by several major companies based there. However, slow growth rate observed during 2016-2017 may hamper regional expansion plans; however, positive economic trends are projected to boost demand for inflatable seals over the next eight years thereby benefiting manufacturers and suppliers across Europe as well as other regions mentioned above.
Growth Factors:
- Increasing demand for neoprene inflatable seals in automotive and aerospace industries due to their properties such as high temperature resistance, chemical resistance, and oil resistance.
- Growing demand for neoprene inflatable seals from the marine industry due to their properties such as watertightness and buoyancy.
- Rising demand for neoprene inflatable seals in the medical industry due to their properties such as biocompatibility and non-toxicity.
- Increasing use of neoprene inflatable seals in food processing applications owing to their ability to resist oils, fats, solvents, and other chemicals used in food processing plants.
Scope Of The Report
Report Attributes
Report Details
Report Title
Neoprene Inflatable Seals Market Research Report
By Type
Non Reinforced Seals, Fabric Reinforced Seals
By Application
Transportation, Food & Beverage, Semiconductor, Pharmaceutical Industry, Chemical, Others
By Companies
Trelleborg, LIKON, Technetics Group, Pawling Engineered Products, Dynamic Rubber, Mechanical Research & Design
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
142
Number of Tables & Figures
100
Customization Available
Yes, the report can be customized as per your need.
Global Neoprene Inflatable Seals Market Report Segments:
The global Neoprene Inflatable Seals market is segmented on the basis of:
Types
Non Reinforced Seals, Fabric Reinforced Seals
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
Transportation, Food & Beverage, Semiconductor, Pharmaceutical Industry, Chemical, 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:
- Trelleborg
- LIKON
- Technetics Group
- Pawling Engineered Products
- Dynamic Rubber
- Mechanical Research & Design
Highlights of The Neoprene Inflatable Seals 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:
- Non Reinforced Seals
- Fabric Reinforced Seals
- By Application:
- Transportation
- Food & Beverage
- Semiconductor
- Pharmaceutical Industry
- Chemical
- 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 Neoprene Inflatable Seals 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
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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 Inflatable Seals are a type of airtight sealant made from neoprene rubber. They are used to create an airtight seal between two surfaces, such as between the inside of a pipe and the outside environment.
Some of the major players in the neoprene inflatable seals market are Trelleborg, LIKON, Technetics Group, Pawling Engineered Products, Dynamic Rubber, Mechanical Research & Design.
The neoprene inflatable seals 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 Inflatable Seals 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 Inflatable Seals Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Neoprene Inflatable Seals 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 Inflatable Seals 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 Inflatable Seals Market Size & Forecast, 2020-2028
4.5.1 Neoprene Inflatable Seals Market Size and Y-o-Y Growth
4.5.2 Neoprene Inflatable Seals Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Non Reinforced Seals
5.2.2 Fabric Reinforced Seals
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Transportation
6.2.2 Food & Beverage
6.2.3 Semiconductor
6.2.4 Pharmaceutical Industry
6.2.5 Chemical
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Neoprene Inflatable Seals 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 Inflatable Seals 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Non Reinforced Seals
9.6.2 Fabric Reinforced Seals
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 Market Size Forecast by Applications
9.10.1 Transportation
9.10.2 Food & Beverage
9.10.3 Semiconductor
9.10.4 Pharmaceutical Industry
9.10.5 Chemical
9.10.6 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Non Reinforced Seals
10.6.2 Fabric Reinforced Seals
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 Market Size Forecast by Applications
10.10.1 Transportation
10.10.2 Food & Beverage
10.10.3 Semiconductor
10.10.4 Pharmaceutical Industry
10.10.5 Chemical
10.10.6 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Non Reinforced Seals
11.6.2 Fabric Reinforced Seals
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 Market Size Forecast by Applications
11.10.1 Transportation
11.10.2 Food & Beverage
11.10.3 Semiconductor
11.10.4 Pharmaceutical Industry
11.10.5 Chemical
11.10.6 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Non Reinforced Seals
12.6.2 Fabric Reinforced Seals
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 Market Size Forecast by Applications
12.10.1 Transportation
12.10.2 Food & Beverage
12.10.3 Semiconductor
12.10.4 Pharmaceutical Industry
12.10.5 Chemical
12.10.6 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Non Reinforced Seals
13.6.2 Fabric Reinforced Seals
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) Market Size Forecast by Applications
13.10.1 Transportation
13.10.2 Food & Beverage
13.10.3 Semiconductor
13.10.4 Pharmaceutical Industry
13.10.5 Chemical
13.10.6 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 Neoprene Inflatable Seals Market: Competitive Dashboard
14.2 Global Neoprene Inflatable Seals Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Trelleborg
14.3.2 LIKON
14.3.3 Technetics Group
14.3.4 Pawling Engineered Products
14.3.5 Dynamic Rubber
14.3.6 Mechanical Research & Design
