By Infinium Global Research Aug, 2020
Gaskets are primarily used to fill empty spaces between the
coupling surfaces to avoid leakage and wastage of fluids and gases. Gaskets are
usually produced by cutting sheet materials. Increasing demand from oil and gas
production related facilities in the Gulf countries drive the growth of the
industrial gaskets market. In addition, increasing consumption of
Polytetrafluoroethylene gaskets and stringent leakage regulations implemented
by environmental protection agencies to prevent damage to the environment is
strengthening the growth of the market. With the increase in industrial
development and urbanization, there has been a considerable rise in the number
of manufacturing plants, machinery, automobiles, and various other mechanical
instruments that use a gasket. This has had a positive impact on market
growth. In automobiles, gaskets are widely used for propelling to avoid leakage
or wastage of expensive fluids or gas. Due to their property to sustain extreme
pressure conditions, compressive loads, and heat, gasket have noteworthy scope
across different industry verticals.
The report on Global
Industrial Gaskets Market covers segments such as product type and
end-user. The report provides regional analysis covering geographies such as
North America, Europe, Asia-Pacific, Rest of the World. In this section, the
key trends and market size for each geography are provided over the period of
2016-2024. The report provides profiles of the companies in the global
Flexitallic, W. L. Gore & Associates, Inc., Klinger Limited., Garlock
Sealing Technologies, Lamons, Hennig Gasket & Seals Inc., James Walker,
Spira Power, Donit Tesnit D.O.O, Henning Gasket & Seals Inc, and Teadit.