Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Soft Gasket Market by Type (Semi-Metallic Material, Non-Metallic Material), By Application (Power Generation, Chemical Processing, Pulp & Paper, Industrial Machinery, Food & Pharmaceuticals, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Soft Gasket Market by Type (Semi-Metallic Material, Non-Metallic Material), By Application (Power Generation, Chemical Processing, Pulp & Paper, Industrial Machinery, Food & Pharmaceuticals, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 213293 3300 Chemical & Material 377 234 Pages 4.5 (42)
                                          

Market Overview:


The global soft gasket market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the soft gasket market can be attributed to the increasing demand for soft gaskets in various applications, such as power generation, chemical processing, pulp & paper, industrial machinery, food & pharmaceuticals and others. In addition, the growing demand for semi-metallic and non-metallic materials in soft gaskets is also contributing to the growth of this market. However, volatility in raw material prices may restrain the growth of this market during the forecast period.


Global Soft Gasket Industry Outlook


Product Definition:


A soft gasket is a type of gasket that is made from a flexible material, such as rubber or silicone. This type of gasket can be used in applications where a traditional metal or paper-based gasket would not be suitable, due to the extreme temperatures or other environmental factors.


Semi-Metallic Material:


Semi-metallic materials are those that have a metallic appearance but no actual metallic properties. They can be made from various alloys such as bronzes, steels, and nickel-based alloys. The most common ones used in gaskets are bronzes and steel; however, other semi-metallic materials include titanium and aluminum among others.


Non-Metallic Material:


Non-metallic material is used in the manufacturing of soft gaskets mainly for seals and linings application. Soft gasket consists of elastomers, which are flexible polymers. They can be easily molded into different shapes and sizes as per requirement. Non- metallic materials exhibit high resistance to oil & chemicals, heat & temperature, wear & tear; thus making them suitable for use in sealing applications where durability is an important factor.


Application Insights:


Power generation was the dominant application segment in 2017 and is projected to witness significant growth over the forecast period. The global soft gasket market for power generation was valued at USD 1,065.5 million in 2017 and is expected to witness a CAGR of XX% from 2018 to 2030 owing to growing demand for gas turbines across various regions including Asia Pacific, North America, and Europe.


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 rising construction activities, especially in developing countries such as China and India. In addition, increasing demand for power generation coupled with growing industrialization is anticipated to drive the regional product demand over the forecast period.


The Asia Pacific was followed by Europe which accounted for a share of more than 20% in terms of revenue in 2017 owing to high application scope within chemical processing industries along with other sectors including food & pharmaceuticals and power generation. The Middle East & Africa region also has significant potential due to rapid development taking place across major economies including Saudi Arabia, UAE, Egypt etc., which are major consumers of soft gaskets globally.           ‰vite Contact Us For Sample Copy Of This Report@ Www.


Growth Factors:


  • Increasing demand from end-use industries
  • Growing automotive industry
  • Rising demand for soft gaskets in Asia Pacific region
  • Technological advancements in soft gasket manufacturing process
  • Growing popularity of composite materials as a replacement for traditional soft gaskets

Scope Of The Report

Report Attributes

Report Details

Report Title

Soft Gasket Market Research Report

By Type

Semi-Metallic Material, Non-Metallic Material

By Application

Power Generation, Chemical Processing, Pulp & Paper, Industrial Machinery, Food & Pharmaceuticals, Others

By Companies

Hennig Gasket?Seals, Teadit, Klinger Limited, Denver Rubber, Garlock Sealing Technologies, WL Gore?Associates, Flexitallic, Lamons, Spira Power, James Walker, Spitmaan

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

234

Number of Tables & Figures

164

Customization Available

Yes, the report can be customized as per your need.


Global Soft Gasket Market Report Segments:

The global Soft Gasket market is segmented on the basis of:

Types

Semi-Metallic Material, Non-Metallic Material

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

Power Generation, Chemical Processing, Pulp & Paper, Industrial Machinery, Food & Pharmaceuticals, 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:

  1. Hennig Gasket?Seals
  2. Teadit
  3. Klinger Limited
  4. Denver Rubber
  5. Garlock Sealing Technologies
  6. WL Gore?Associates
  7. Flexitallic
  8. Lamons
  9. Spira Power
  10. James Walker
  11. Spitmaan

Global Soft Gasket Market Overview


Highlights of The Soft Gasket Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Semi-Metallic Material
    2. Non-Metallic Material
  1. By Application:

    1. Power Generation
    2. Chemical Processing
    3. Pulp & Paper
    4. Industrial Machinery
    5. Food & Pharmaceuticals
    6. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Soft 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:

  • 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

Global Soft Gasket Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


A soft gasket is a type of sealant that is used to create a watertight joint between two pieces of metal. It is made from a rubber-like material and can be compressed to form a tight seal.

Some of the key players operating in the soft gasket market are Hennig Gasket?Seals, Teadit, Klinger Limited, Denver Rubber, Garlock Sealing Technologies, WL Gore?Associates, Flexitallic, Lamons, Spira Power, James Walker, Spitmaan.

The soft gasket market is expected to grow at a compound annual growth rate of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Soft Gasket 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. Soft Gasket Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Soft Gasket Market - Supply Chain
   4.5. Global Soft Gasket Market Forecast
      4.5.1. Soft Gasket Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Soft Gasket Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Soft Gasket Market Absolute $ Opportunity

5. Global Soft Gasket 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. Soft Gasket Market Size and Volume Forecast by Type
      5.3.1. Semi-Metallic Material
      5.3.2. Non-Metallic Material
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Soft Gasket 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. Soft Gasket Market Size and Volume Forecast by Application
      6.3.1. Power Generation
      6.3.2. Chemical Processing
      6.3.3. Pulp & Paper
      6.3.4. Industrial Machinery
      6.3.5. Food & Pharmaceuticals
      6.3.6. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Soft Gasket 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. Soft Gasket 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 Soft Gasket 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. Soft Gasket 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 Soft Gasket Demand Share Forecast, 2019-2026

9. North America Soft Gasket 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 Soft Gasket 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 Soft Gasket Market Size and Volume Forecast by Application
      9.4.1. Power Generation
      9.4.2. Chemical Processing
      9.4.3. Pulp & Paper
      9.4.4. Industrial Machinery
      9.4.5. Food & Pharmaceuticals
      9.4.6. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Soft Gasket Market Size and Volume Forecast by Type
      9.7.1. Semi-Metallic Material
      9.7.2. Non-Metallic Material
   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 Soft Gasket Demand Share Forecast, 2019-2026

10. Latin America Soft Gasket 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 Soft Gasket 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 Soft Gasket Market Size and Volume Forecast by Application
      10.4.1. Power Generation
      10.4.2. Chemical Processing
      10.4.3. Pulp & Paper
      10.4.4. Industrial Machinery
      10.4.5. Food & Pharmaceuticals
      10.4.6. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Soft Gasket Market Size and Volume Forecast by Type
      10.7.1. Semi-Metallic Material
      10.7.2. Non-Metallic Material
   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 Soft Gasket Demand Share Forecast, 2019-2026

11. Europe Soft Gasket 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 Soft Gasket 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 Soft Gasket Market Size and Volume Forecast by Application
      11.4.1. Power Generation
      11.4.2. Chemical Processing
      11.4.3. Pulp & Paper
      11.4.4. Industrial Machinery
      11.4.5. Food & Pharmaceuticals
      11.4.6. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Soft Gasket Market Size and Volume Forecast by Type
      11.7.1. Semi-Metallic Material
      11.7.2. Non-Metallic Material
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Gowth 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 Soft Gasket Demand Share, 2019-2026

12. Asia Pacific Soft Gasket 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 Soft Gasket 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 Soft Gasket Market Size and Volume Forecast by Application
      12.4.1. Power Generation
      12.4.2. Chemical Processing
      12.4.3. Pulp & Paper
      12.4.4. Industrial Machinery
      12.4.5. Food & Pharmaceuticals
      12.4.6. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Soft Gasket Market Size and Volume Forecast by Type
      12.7.1. Semi-Metallic Material
      12.7.2. Non-Metallic Material
   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 Soft Gasket Demand Share, 2019-2026

13. Middle East & Africa Soft Gasket 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 Soft Gasket 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 Soft Gasket Market Size and Volume Forecast by Application
      13.4.1. Power Generation
      13.4.2. Chemical Processing
      13.4.3. Pulp & Paper
      13.4.4. Industrial Machinery
      13.4.5. Food & Pharmaceuticals
      13.4.6. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Soft Gasket Market Size and Volume Forecast by Type
      13.7.1. Semi-Metallic Material
      13.7.2. Non-Metallic Material
   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 Soft Gasket Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Soft Gasket Market: Market Share Analysis
   14.2. Soft Gasket Distributors and Customers
   14.3. Soft Gasket Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Hennig Gasket?Seals
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Teadit
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Klinger Limited
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Denver Rubber
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Garlock Sealing Technologies
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. WL Gore?Associates
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Flexitallic
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Lamons
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Spira Power
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. James Walker
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Spitmaan
         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

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