Global Elastomeric Gaskets Market is expected to reach US$ 50.98 Bn at a CAGR of 4.29% during the forecast period 2029. The report covers an in-depth analysis of COVID 19 pandemic impact on Global Elastomeric Gaskets Market by region and on the key players’ revenue affected till December 2020 and expected short term and long-term impact on the market.Elastomeric Gaskets Market Dynamics:
The Elastomeric gaskets are designed and developed for handling applications in a tough environment such as high-pressure and high-temperature liquids and gases. Elastomeric gaskets provide a powerful seal between two surfaces and are manufactured to function with assurance when operating conditions are at their toughest.To Know About The Research Methodology :- Request Free Sample Report These gaskets wonderfully compress when flange fasteners are fully tightened, without weakening or damaging the material’s elasticity. Elastomeric gaskets possess various excellent properties such as superior electric conductivity, thermal conductivity, and EMI shielding power. These properties make elastomeric gaskets ideal material in a variety of applications such as ruggedized equipment, medical diagnostic devices, analytical instruments, and high-technology gaskets. Thus, these excellent properties are increasing the consumption of elastomeric gaskets in various applications thereby driving market growth. The dearth of universal directives pertaining to applications of elastomeric gaskets, fluctuations in raw material prices, availability of substitute products, less adoption in underdeveloped countries, and stringent regulations on the raw material used in the preparation are restraining the market growth during the forecast period. Growing technological advancements in the manufacturing process of elastomeric gaskets, growing research & development spending and increasing investment in the medical sector is expected to create lucrative opportunities for the market.
Market Segmentation Analysis
The elastomeric gaskets market is segmented by material, technology, end-user, and region. By material, the Rubber material segment held the highest market share in 2022 and is expected to keep its dominance during forecast period. Rubber material provides powerful sealing between two surfaces that are exposed to high-temperature conditions. The rubber material possess some excellent inherent properties to include flexibility, high elongation, and a combination of resilience and damping. Such a unique set of properties makes rubber is an ideal material for elastomeric gaskets. By end user, the Aerospace & Defense segment is expected to hold major market share during the forecast period owing to the growing demand for aircraft in developing and developed countries. Elastomeric gaskets are used in the preparation of various aerospace components such as wing seals including flap, slat, aileron, and spoil; engine nacelle seals including fire barrier seals; and airframe seals including door, window, pylon, molded plate, fairing, hatch, and panel.Regional Analysis
By geography, the market is segmented into North America, APAC, Europe, MEA& Africa, and South America. Among all of these regions, APAC held the highest market share in 2022 and is expected to keep its dominance during the forecast period. Various end-use industries such as automotive, aerospace, building & construction are rapidly expanding in China, India, Japan, ASEAN, and Australia. China is expected to lead the market in this region. China’s economic policy shifts more to consumption-driven growth from that of investment and, within that consumption, toward more sophisticated products the result is likely to lead to additional growth in advanced materials demand. North America is expected to expand at significant pace during forecast period owing to the presence of major market players, growing expenditure on aerospace & defense, and well developed medical industry in the U.S. and Canada.Europe is also expected to hold a significant market share of the global elastomeric gasket market during the forecast period.Elastomeric Gaskets Market Competition Landscape
An embrace of R&D is under way across the market, from sector giants to start-up companies working in a wide array of leading-edge technologies such as injection molding, extrusion, die cutting and fabrication. The market is moderately concentrated with Tier I and Tier II players accounting for significant market share. Key players operating in this market are adopting various organic and inorganic growth strategies such as merger & acquisition, joint ventures, expansion, collaboration, strategic alliances, new product launches, and research & development. The objective of the report is to present a comprehensive analysis of the Global market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global market dynamics, structure by analyzing the market segments and project the Global market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global market make the report investor’s guide.Elastomeric Gaskets Market Scope: Inquire before buying
Elastomeric Gaskets Market Base Year 2022 Forecast Period 2023-2029 Historical Data CAGR Market Size in 2022 Market Size in 2029 2018 to 2022 4.29% US$ 37.99 Bn US$ 50.98 Bn Segments Covered by Material Rubber Silicone Foam Fluorosilicone Silicone Sponge Cellular Urethane by Technology Injection Molding Extrusion Die Cutting Stamping Compression Molding Hand Fabrication Others by End-User Building & Construction Automotive Electrical & Electronics Aerospace & Defense Marine Others Regions Covered North America United States Canada Mexico Europe UK France Germany Italy Spain Sweden Austria Rest of Europe Asia Pacific China S Korea Japan India Australia Indonesia Malaysia Vietnam Taiwan Bangladesh Pakistan Rest of APAC Middle East and Africa South Africa GCC Egypt Nigeria Rest of ME&A South America Brazil Argentina Rest of South America Elastomeric Gaskets Market Key Players
1. Technetics Group 2. Elring 3. Boyd Corporation 4. Hoosier Gasket Corporation 5. Hoosier Gasket Corporation 6. Stockwell Elastomerics, Inc. 7. Boyd Corporation 8. Parker Hannifin 9. Universal Rubber Products 10. Atlantic Gasket Corporation 11. Hennig Gasket & Seals 12. Alpha Elastomers 13. China Yeeh Industrial 14. Freudenberg Sealing Technologies Frequently Asked Questions: 1. Which region has the largest share in Global Elastomeric Gaskets Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Elastomeric Gaskets Market? Ans: The Global Elastomeric Gaskets Market is growing at a CAGR of 4.29% during forecasting period 2023-2029. 3. What is scope of the Global Elastomeric Gaskets Market report? Ans: Global Elastomeric Gaskets Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Elastomeric Gaskets Market? Ans: The important key players in the Global Elastomeric Gaskets Market are – Technetics Group, Elring, Boyd Corporation, Hoosier Gasket Corporation, Hoosier Gasket Corporation, Stockwell Elastomerics, Inc., Boyd Corporation, Parker Hannifin, Universal Rubber Products, Atlantic Gasket Corporation, Hennig Gasket & Seals, Alpha Elastomers, China Yeeh Industrial, and Freudenberg Sealing Technologies 5. What is the study period of this Market? Ans: The Global Elastomeric Gaskets Market is studied from 2022 to 2029.
Elastomeric Gaskets Market
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Elastomeric Gaskets Market Size, by Market Value (US$ Mn) 3.1. Market Segmentation 3.2. Market Segmentation Share Analysis, 2022 3.2.1. 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Elastomeric Gaskets Market 3.4. Geographical Snapshot of the Elastomeric Gaskets Market, By Manufacturer share 4. Elastomeric Gaskets Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Elastomeric Gaskets Market 5. Supply Side and Demand Side Indicators 6. Elastomeric Gaskets Market Analysis and Forecast, 2022-2029 6.1. Elastomeric Gaskets Market Size & Y-o-Y Growth Analysis. 7. Elastomeric Gaskets Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 7.1.1. Rubber 7.1.2. Silicone Foam 7.1.3. Fluorosilicone 7.1.4. Silicone Sponge 7.1.5. Cellular Urethane 7.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 7.2.1. Injection Molding 7.2.2. Extrusion 7.2.3. Die Cutting 7.2.4. Stamping 7.2.5. Compression Molding 7.2.6. Hand Fabrication 7.2.7. Others (Including Precision Grinding, and Rubber-to-Metal Bonding) 7.3. Market Size (Value) Estimates & Forecast By End-User, 2022-2029 7.3.1. Building & Construction 7.3.2. Automotive 7.3.3. Electrical & Electronics 7.3.4. Aerospace & Defense 7.3.5. Marine 7.3.6. Others (Including Industrial) 8. Elastomeric Gaskets Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Elastomeric Gaskets Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 9.1.1. Rubber 9.1.2. Silicone Foam 9.1.3. Fluorosilicone 9.1.4. Silicone Sponge 9.1.5. Cellular Urethane 9.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 9.2.1. Injection Molding 9.2.2. Extrusion 9.2.3. Die Cutting 9.2.4. Stamping 9.2.5. Compression Molding 9.2.6. Hand Fabrication 9.2.7. Others (Including Precision Grinding, and Rubber-to-Metal Bonding) 9.3. Market Size (Value) Estimates & Forecast By End-User, 2022-2029 9.3.1. Building & Construction 9.3.2. Automotive 9.3.3. Electrical & Electronics 9.3.4. Aerospace & Defense 9.3.5. Marine 9.3.6. Others (Including Industrial) 10. North America Elastomeric Gaskets Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Elastomeric Gaskets Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 11.3. Market Size (Value) Estimates & Forecast By End-User, 2022-2029 12. Canada Elastomeric Gaskets Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 12.3. Market Size (Value) Estimates & Forecast By End-User, 2022-2029 13. Mexico Elastomeric Gaskets Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 13.3. Market Size (Value) Estimates & Forecast By End-User, 2022-2029 14. Europe Elastomeric Gaskets Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 14.3. Market Size (Value) Estimates & Forecast By End-User, 2022-2029 15. Europe Elastomeric Gaskets Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Elastomeric Gaskets Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 16.3. Market Size (Value) Estimates & Forecast By End-User, 2022-2029 17. France Elastomeric Gaskets Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 17.3. Market Size (Value) Estimates & Forecast By End-User, 2022-2029 18. Germany Elastomeric Gaskets Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 18.3. Market Size (Value) Estimates & Forecast By End-User, 2022-2029 19. Italy Elastomeric Gaskets Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 19.3. Market Size (Value) Estimates & Forecast By End-User, 2022-2029 20. Spain Elastomeric Gaskets Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 20.3. Market Size (Value) Estimates & Forecast By End-User, 2022-2029 21. Sweden Elastomeric Gaskets Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 21.3. Market Size (Value) Estimates & Forecast By End-User, 2022-2029 22. CIS Countries Elastomeric Gaskets Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 22.3. Market Size (Value) Estimates & Forecast By End-User, 2022-2029 23. Rest of Europe Elastomeric Gaskets Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 23.3. Market Size (Value) Estimates & Forecast By End-User, 2022-2029 24. Asia Pacific Elastomeric Gaskets Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 24.3. Market Size (Value) Estimates & Forecast By End-User, 2022-2029 25. Asia Pacific Elastomeric Gaskets Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Elastomeric Gaskets Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 26.3. Market Size (Value) Estimates & Forecast By End-User, 2022-2029 27. India Elastomeric Gaskets Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 27.3. Market Size (Value) Estimates & Forecast By End-User, 2022-2029 28. Japan Elastomeric Gaskets Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 28.3. Market Size (Value) Estimates & Forecast By End-User, 2022-2029 29. South Korea Elastomeric Gaskets Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 29.3. Market Size (Value) Estimates & Forecast By End-User, 2022-2029 30. Australia Elastomeric Gaskets Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 30.3. Market Size (Value) Estimates & Forecast By End-User, 2022-2029 31. ASEAN Elastomeric Gaskets Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 31.3. Market Size (Value) Estimates & Forecast By End-User, 2022-2029 32. Rest of Asia Pacific Elastomeric Gaskets Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 32.3. Market Size (Value) Estimates & Forecast By End-User, 2022-2029 33. Middle East Africa Elastomeric Gaskets Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 33.3. Market Size (Value) Estimates & Forecast By End-User, 2022-2029 34. Middle East Africa Elastomeric Gaskets Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Elastomeric Gaskets Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 35.3. Market Size (Value) Estimates & Forecast By End-User, 2022-2029 36. GCC Countries Elastomeric Gaskets Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 36.3. Market Size (Value) Estimates & Forecast By End-User, 2022-2029 37. Egypt Elastomeric Gaskets Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 37.3. Market Size (Value) Estimates & Forecast By End-User, 2022-2029 38. Nigeria Elastomeric Gaskets Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 38.3. Market Size (Value) Estimates & Forecast By End-User, 2022-2029 39. Rest of ME&A Elastomeric Gaskets Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 39.3. Market Size (Value) Estimates & Forecast By End-User, 2022-2029 40. South America Elastomeric Gaskets Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 40.3. Market Size (Value) Estimates & Forecast By End-User, 2022-2029 41. South America Elastomeric Gaskets Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Elastomeric Gaskets Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 42.3. Market Size (Value) Estimates & Forecast By End-User, 2022-2029 43. Argentina Elastomeric Gaskets Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 43.3. Market Size (Value) Estimates & Forecast By End-User, 2022-2029 44. Rest of South America Elastomeric Gaskets Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 44.3. Market Size (Value) Estimates & Forecast By End-User, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Elastomeric Gaskets Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Technetics Group. 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Elring 45.3.3. Boyd Corporation 45.3.4. Hoosier Gasket Corporation 45.3.5. Hoosier Gasket Corporation 45.3.6. Stockwell Elastomerics, Inc. 45.3.7. Boyd Corporation 45.3.8. Parker Hannifin 45.3.9. Universal Rubber Products 45.3.10. Atlantic Gasket Corporation 45.3.11. Hennig Gasket & Seals 45.3.12. Alpha Elastomers 45.3.13. China Yeeh Industrial 45.3.14. Freudenberg Sealing Technologies 46. Primary Key Insights