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Graphite and Carbon Sealing Gasket Market

Graphite and Carbon Sealing Gasket Market (Product Type - Pure Flexible Graphite Gaskets, and Pure Flexible Metal Inserted; Application - Instrumentation, Petrochemical, Chemical Industry, and Other Applications): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025

  • Published : March, 2020

  • Rep Id : CM0236

  • Category : Chemicals & Materials

  • Status : Published

A recent report published by Infinium Global Research on graphite and carbon sealing gasket market provides an in-depth analysis of segments and sub-segments in the global as well as regional graphite and carbon sealing gasket market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional graphite and carbon sealing gasket market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global graphite and carbon sealing gasket market. According to the report, the global graphite and carbon sealing gasket market are projected to grow at a CAGR of 6.0% over the forecast period of 2019-2025.

 

Market Insight

Graphite and carbon sealing gasket has the ability to sustain up to 470° C. Graphite has a natural composition in the form of layers that helps to sustain in the high temperature. Additionally, graphite and carbon are soft with a low coefficient of friction and thus it can flow into surface irregularities and become a better sealing. It helps to minimize energy losses and heat build-up whereas maintaining an effective barrier.

 

The increasing use of graphite and carbon sealing gaskets to improve sealing performance along with temperature and chemical resistance will augment the growth of the market. Graphite is quite inert and thus resists attack from most corrosive chemicals even at high temperatures. The growing demand for graphite and carbon sealing gaskets from the rubber industry boost the growth of the market. Additionally, the rise in industrialization and urbanization globally promotes the surge in the number of manufacturing plants, mechanical instruments, machinery, and automobiles contributing to an increase in demand for graphite and carbon sealing gaskets. Further, graphite has the ability to withstand pressure and have dimensional stability in high temperature and pressure fluctuations. The increasing use of graphite and carbon sealing gaskets in refineries, chemical plants, paper mills, steam services, cryogenic applications, thermal applications, and electronics and electrochemical applications led to the expansion of the graphite and carbon sealing gasket market. Graphite gaskets can be sandwiched together with other gasket material and can create custom sealing and insulation. Graphite is flexible and thus can be produced without binders which can limit sealing performance as per the requirement in the applications. In addition, advantages of graphite and carbon sealing gaskets such as excellent resiliency, exceptional mechanical strength, unlimited storage life, high compressibility, and low creep under temperature or pressure contribute to the market growth. Graphite and carbon sealing materials provide high strength and rigidity required in high temperature, high pressure, ad zero leakage mechanical end-face seals. On the flip side, limitations on the use of graphite and carbon sealing gaskets in some applications hinder the growth of the market. Moreover, research and development create several opportunities in the global graphite and carbon sealing gasket market.

 

Geographically, the global graphite and carbon sealing gasket market are divided into North America, Asia-Pacific, Europe, and the Rest of the World. Asia-Pacific region is anticipated to have the largest market share in the global graphite and carbon sealing gasket market. Strict government regulations, availability of raw material, and low labor and land cost in the Asia-Pacific region led to the growth of the market in Asia-Pacific. North America has a healthy CAGR in the global graphite and carbon sealing gasket market. The growth of the market in North America is attributed to rapid industrialization in the region. Europe is expected to have fruitful growth opportunities in the global graphite and carbon sealing gasket market. Strict government standards and regulations in Europe drive the growth of graphite and carbon sealing gasket market in the region.

 

Segment Covered

The report on global graphite and carbon sealing gasket market covers segments such as product type, and application. On the basis of product type, the sub-markets include pure flexible graphite gaskets, and pure flexible metal inserted. On the basis of application, the sub-markets include instrumentation, petrochemical, chemical industry, and other applications.

 

Companies Profiled:

The report provides profiles of the companies in the market such as Mercer Gasket & Shim, Gee Graphite Ltd., Lamons Gasket Co., Mersen, EnPro Industries, Inc., GrafTech International Ltd., SinoSeal Industrial Products Co. Ltd., Jiangmen Teamful Sealing Technology Co., Ltd., Zaozhuang Wealson Enterprises Co., Ltd., Zhejiang Tiansheng Holding Group Co., Ltd., and Other companies.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of graphite and carbon sealing gasket market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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