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.
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:
- Hennig Gasket?Seals
- Teadit
- Klinger Limited
- Denver Rubber
- Garlock Sealing Technologies
- WL Gore?Associates
- Flexitallic
- Lamons
- Spira Power
- James Walker
- Spitmaan
Highlights of The Soft 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:
- Semi-Metallic Material
- Non-Metallic Material
- By Application:
- Power Generation
- Chemical Processing
- Pulp & Paper
- Industrial Machinery
- Food & Pharmaceuticals
- 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 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.
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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?
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