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.
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.
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.
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.
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.
Please Choose One of them.