Attractive Opportunities in the Industrial Gaskets Market


Posted June 27, 2018 by abhijeetw1

The industrial gaskets market is projected to grow from USD 8.86 Billion in 2017 to USD 11.58 Billion by 2022, at a CAGR of 5.5% from 2017 to 2022.

 
The industrial gaskets market is projected to grow from USD 8.39 Billion in 2016 to USD 11.58 Billion by 2022, at a CAGR of 5.5% from 2017 to 2022.

The objectives of this study are

To define, describe, and forecast the industrial gaskets market, in terms of value, based on material type, product type, end-use industry, and region
To forecast the size of the industrial gaskets market, in terms of value, for five key regions, namely Asia Pacific, North America, Europe, the Middle East & Africa, and South America, along with their respective key countries
To strategically analyze micro markets with respect to individual growth trends, prospects, and contribution to the industrial gaskets market
To analyze opportunities in the industrial gaskets market for the stakeholders and provide a competitive landscape for the market
To strategically profile the key players operating in the industrial gaskets market and comprehensively analyze their core competencies
To analyze competitive developments such agreements, expansions, acquisitions, partnerships, and new product launches adopted by the leading players in the industrial gaskets market
The years that have been considered for the study are as follows:

Base Year-2016
Estimated Year-2017
Projected Year-2022
Forecast Period-2017 to 2022
For the company profiles in the report, 2016 has been considered the base year. In certain cases, wherein information is unavailable for the base year, the years prior to it have been considered.
Research Methodology

The research methodology used to estimate and forecast the size of the industrial gaskets market begins with capturing data from the revenues of key vendors. This data has been obtained from various secondary sources such as Hoovers, Bloomberg, Factiva, and various other government and private websites. The offerings of vendors have been taken into consideration to determine the segmentation of the industrial gaskets market. After arriving at the overall market size, it has been split into several segments and subsegments, which have been later verified through primary research by conducting extensive interviews with key personnel such as chief executive officers, vice presidents, directors, and executives of leading companies operating in the industrial gaskets market. Data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments of the industrial gaskets market. 

https://www.marketsandmarkets.com/Market-Reports/industrial-gasket-market-247925347.html

Among material types, the semi-metallic segment is estimated to account for the largest share of the industrial gaskets market in 2017.

The semi-metallic material type segment is estimated to account for the largest share of the industrial gaskets market in 2017. The growth of this segment of the market can be attributed to the growing demand for metallic and non-metallic gaskets from various end-use industries.

Among product types, the soft gasket segment is estimated to account for the largest share of the industrial gaskets market in 2017.

The soft gasket product type segment is estimated to account for the largest share of the industrial gaskets market in 2017. The growth of this segment of the market can be attributed to the growing demand for cost-effective gaskets that can be used under extreme temperatures and pressures in various end-use industries.

Among end-use industries, the refineries segment is expected to lead the industrial gaskets market in 2017.

Among end-use industries, the refineries segment is estimated to account for the largest share of the industrial gaskets market in 2017. The growth of this segment of the market can be attributed to the increasing requirement of sealing products to avoid leakages of hazardous chemicals and toxins into the environment.

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Target Audience

Manufacturers of Industrial Gaskets
Traders, Distributors, and Suppliers of Industrial Gaskets
Government and Research Organizations
Associations and Industrial Bodies
R&D Institutions
Environment Supporting Agencies
End-use Industries of Industrial Gaskets, such as Processing Industries
Investment Banks & Private Equity Firms

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Issued By MarketsandMarkets
Country United States
Categories Business , Industry , Manufacturing
Tags industrial gaskets , industrial gaskets market
Last Updated June 27, 2018