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Gaskets Market Share

Report ID: GMI5681
Published Date: May 2023
Report Format: PDF

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Gaskets Market Share

Some of the major market players operating in the gaskets industry are:

Klinger
Freudenberg Sealing Technologies
SKF AB
ElringKlinger AG
Dana Incorporated
Trelleborg AB
Flexitallic Group
Garlock Sealing Technologies LLC
James Walker Group Ltd
Smiths Group plc

These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of gaskets exceeded USD 8.7 billion in 2022 and is projected to register 4.8% CAGR during 2023 to 2032, driven by the expanding oil refinery industry.

The semi-metallic material segment registered significant growth in 2022 and is poised to grow at a robust pace through 2032, fueled by the escalating demand from the pulp & paper and food & pharmaceutical sectors.

APAC gaskets industry held the largest revenue share globally in 2022 and is expected to be the fastest-growing market by 2032 attributed to the rapid expansion of end-use industries in the region.

Klinger, Freudenberg Sealing Technologies, SKF AB, ElringKlinger AG, Dana Incorporated, Trelleborg AB, Flexitallic Group, Garlock Sealing Technologies LLC, James Walker Group Ltd., and Smiths Group plc are some the top manufacturers of gaskets.