Global High Temperature Gasket Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027

MarketResearch.biz delivers in-depth insights on the global high temperature gasket market in its upcoming report titled, “Global High Temperature Gasket Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global high temperature gasket market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global high temperature gasket market report has been segmented on the basis of material type, product type, design type, end-use industry, and region.

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Gasket is a flat and soft piece of mechanical seal which is used to fill gaps or spaces between two or more surfaces to prevent leakage from joints. There are various types of gasket such as gasket used in piping, in vehicle, etc. and various material is used in manufacturing of gasket such as rubber gasket, non-asbestos gasket, cork gasket.

Increasing industrial growth and increasing demand from automobile sector is a major factor driving growth of the global high temperature gasket market. In addition, increasing demand from various end-use industries such as power generation, oil & gas, chemical industry, etc., due to various product properties such as resistance to high temperature, chemical-resistant, etc. This is another factor expected to boost growth of the global high temperature gasket market.

However, use of wrong material in design of gasket can lead to failure of gasket when exposed to intense heat or saturated steam or hot oil, which is expected to challenge growth of the global high temperature gasket market.

Adoption of integrated gasket that have physiochemical, superior mechanical as well as required electrical properties is expected to create lucrative opportunities for manufacturers in the global high temperature market over the forecast period.

North America market is expected to dominate in the global high temperature gasket market with higher market share when compared to other regional markets, and is expected to continue its dominance during the forecast period. This is attributed to well-developed application segment such as oil and gas, chemical industry, automobile sector, etc., and presence of leading high temperature gasket manufacturers in countries in this region. Europe market accounts for the second-largest revenue share in the global high temperature gasket market followed by markets in Asia Pacific, Latin America and Middle East & Africa respectively. The market in Asia Pacific is projected to have fastest growth in terms of revenue, owing to increasing adoption from automobile sector due increasing transportation activities in emerging economies in countries in this region.

Global High Temperature Gasket Market Segmentation:

By Material Type:

• Graphite
• Fluorosilicone
• Fiber glass
• Ceramic
• Silicon
• Others

By Product Type:

• Metallic
• Semi-Metallic
• Non-Metallic
• UHT Liquid Gaskets

By Design Type:

• Spiral Wound
• Double-jacketed
• Fishbone
• Others

By End-Use Industry:

• Power Generation
• Oil & gas
• Chemical Processing
• Primary Metals
• Transportation
• Others

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

• The Flexitallic Group, Inc.
• Garlock Sealing Technologies LLC
• Teadit
• Spetech Plant Equipment Pvt. Ltd.
• Hennig Gasket & Seals Inc.
• IGS Industries Inc
• Kommerling UK Limited
• 3M Company
• Henkel Adhesives
• National Engineering Products Inc.
• Advanced Sealing & Supply Company, Inc.