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Nov 08, 2023

Ensuring Leak

According to FMI, the global gaskets and seals market will expand at a 6% CAGR

According to FMI, the global gaskets and seals market will expand at a 6% CAGR during the forecast period. The value of the industry is expected to increase from US$ 86.6 billion in 2023 to US$ 154.7 billion by the end of 2033.

Gasket and seal demand is expected to rise steadily in the coming years. This is because governments have mandated stringent standards and specifications to eliminate the risk of hazardous material leakage. Furthermore, gaskets and seals are used by automotive, machinery, electrical, and electronics manufacturers to improve the performance efficiency of their industrial processes. These products are used to reduce the possibility of unanticipated downtime and to control emissions.

Strict emission standards in the automotive industry are one of the major factors driving demand for gaskets and seals. The industrial sector is expected to see an increase in demand for advanced power transmission seals. This can be attributed to the significant reduction in power diversion that advanced seals can achieve. These seals are designed with special materials and revolutionary designs to provide excellent performance in harsh environments.

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Key Takeaways from the Gaskets and Seals Market:

News Featuring Market Developments by Companies Providing Gaskets and Seals:

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Gaskets and Seals Market Survey by Category

By Product Type:

By Material Type:

By End-use:

By Sales Channel:

By Region:

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Table of Content

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3.1. Market Dynamics

3.2. Scenario Forecast

3.3. Opportunity Map Analysis

3.4. Investment Feasibility Matrix

3.5. PESTLE and Porter's Analysis

3.6. Regulatory Landscape

3.7. Regional Parent Market Outlook

4.1. Historical Market Size Value (US$ Million) Analysis, 2017 to 2022

4.2. Current and Future Market Size Value (US$ Million) Projections, 2023 to 2033

5.1. Introduction / Key Findings

5.2. Historical Market Size Value (US$ Million) Analysis By Product Type, 2017 to 2022

5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Product Type, 2023 to 2033

5.4. Y-o-Y Growth Trend Analysis By Product Type, 2017 to 2022

5.5. Absolute $ Opportunity Analysis By Product Type, 2023 to 2033

About Us

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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