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Report
NA Gaskets Market - Industry Trends and Forecast to 2030
Market Report I 2022-12-01 I 276 Pages I Data Bridge Market Research
The North America gaskets market is projected to register a 4.3% CAGR in the forecast period of 2021 to 2030. The new market report contains data for the historic year 2021, the base year of calculation is 2022, and the forecast period is 2023 to 2030.
Market Segmentation
North America Gaskets Market, By Type (Contact Gaskets, and Contactless Gaskets), Industry (Automotive, Marine and Rail, Aerospace, Oil and Gas, Industrial Manufacturing, Electrical, Paper and Pulp Industry, and Others), Country (USA, Canada and Mexico), Industry Trends and Forecast to 2030.
Some of the major factors contributing to the growth of the North America gaskets market:
- In December 2022, Trelleborg announced the debut of its new Turcon Tran-SECURE PTFE manway lid gasket. The new manway lid gasket offers customers an enhanced sealing solution with an improved design featuring Trelleborg's proprietary, high-performance Turcon PTFE material. This helps the company to increase its production and revenue
- In October 2022, Trelleborg announced the launch of its new line of flat gaskets for chemical transportation, including tank cars, tank trucks, IBC and ISO containers. These flat gaskets provide solutions for a wide range of applications, such as service equipment, valves, pressure plates and loading equipment. This helps the company to gain recognition and increase its production
- In February 2021, Seal & Design will be experts in elastomers for rail applications such as cushioning, vibration management, sound absorption, and Gasketing solutions. All of their specialized Mass Transit materials have been formulated and tested to meet the highest standards associated with the rail industry. With this comes the need for materials that are durable, reliable and deliver exceptional performance. This helps the company to meet the health and safety standards needed to withstand intensive use. The global gaskets market is segmented into three notable segments based on material, product, wrap type, gas, and application
Market Players
Some of the key players operating in the North America gaskets market are:
- Freudenberg FST GmbH
- IDT GmbH
- SSP Manufacturing Inc.
- A.J. Rubber & sponge Ltd
- BRUSS Sealing Systems GmbH
- ElringKlinger AG
- Garlock, an Enpro (NYSE: NPO) Company
- Lamons LGC US Asset Holdings, LLC
- Trelleborg AB
- W. L. Gore & Associates, Inc.
- Seal & Design Inc.
- GE MAO RUBBER INDUSTRIAL CO., LTD.
- HELIX ENGINEERING
- The Topog-E Gasket Co
- OHIO VALLEY GASKET INC.
TABLE OF CONTENTS
1 INTRODUCTION 90
1.1 OBJECTIVES OF THE STUDY 90
1.2 MARKET DEFINITION 90
1.3 OVERVIEW OF THE NORTH AMERICA GASKETS MARKET 90
1.4 LIMITATION 91
1.5 MARKETS COVERED 92
2 MARKET SEGMENTATION 97
2.1 MARKETS COVERED 97
2.2 GEOGRAPHICAL SCOPE 98
2.3 YEARS CONSIDERED FOR THE STUDY 99
2.4 CURRENCY AND PRICING 99
2.5 DBMR TRIPOD DATA VALIDATION MODEL 100
2.6 PRODUCT LIFELINE CURVE 103
2.7 MULTIVARIATE MODELING 104
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 105
2.9 DBMR MARKET POSITION GRID 106
2.10 DBMR MARKET CHALLENGE MATRIX 107
2.11 DBMR VENDOR SHARE ANALYSIS 108
2.12 SECONDARY SOURCES 109
2.13 ASSUMPTIONS 110
3 EXECUTIVE SUMMARY 111
4 PREMIUM INSIGHTS 113
4.1 CLIMATE CHANGE SCENARIO 114
4.1.1 ENVIRONMENTAL CONCERNS 114
4.1.2 GOVERNMENT'S ROLE 114
4.1.3 ANALYST RECOMMENDATION 114
4.2 IMPORT EXPORT SCENARIO 115
4.3 OVERVIEW OF PROFIT MARGIN/EBIT MARGIN FOR PRODUCTS 116
4.3.1 EBIT MARGIN 116
4.3.2 PROFIT MARGIN 116
4.4 PESTLE ANALYSIS 117
4.4.1 POLITICAL FACTORS 117
4.4.2 ECONOMIC FACTORS 117
4.4.3 SOCIAL FACTORS 117
4.4.4 TECHNOLOGICAL FACTORS 118
4.4.5 LEGAL FACTORS 118
4.4.6 ENVIRONMENTAL FACTORS 118
4.5 RAW MATERIAL PRODUCTION COVERAGE 119
4.5.1 NATURAL RUBBER 119
4.5.2 SILICONE RUBBER 119
4.5.3 NEOPRENE RUBBER 119
4.5.4 CORK 119
4.5.5 NON-ASBESTOS 120
4.6 TECHNOLOGICAL ADVANCEMENT BY MANUFACTURERS 121
4.7 VENDOR SELECTION CRITERIA 122
4.8 PORTER'S FIVE FORCES 123
4.8.1 THE THREAT OF NEW ENTRANTS 123
4.8.2 THREAT OF SUBSTITUTES 123
4.8.3 CUSTOMER BARGAINING POWER 124
4.8.4 SUPPLIER BARGAINING POWER 124
4.8.5 INTERNAL COMPETITION (RIVALRY) 124
4.9 NORTH AMERICA GASKETS MARKET, PRODUCTION AND CONSUMPTION ANALYSIS 125
4.9.1 OVERVIEW 125
4.10 SUPPLY CHAIN ANALYSIS 126
4.10.1 RAW MATERIAL PROCUREMENT 126
4.10.2 MANUFACTURING AND PACKING 127
4.10.3 MARKETING AND DISTRIBUTION 127
4.10.4 END USERS 127
5 NORTH AMERICA GASKETS MARKET: REGULATION COVERAGE 128
6 MARKET OVERVIEW 130
6.1 DRIVERS 132
6.1.1 RISING DEMAND FROM THE AUTOMOBILE INDUSTRY 132
6.1.2 PTFE-BASED GASKETS ARE BECOMING INCREASINGLY POPULAR 132
6.1.3 INDUSTRIAL GASKETS HAVE WIDER APPLICATIONS IN VARIOUS END-USE SECTORS 133
6.1.4 COMPLIANCE WITH STRINGENT REGULATORY STANDARDS IN ORDER TO REDUCE LEAKAGE AND FUGITIVE EMISSIONS 133
6.2 RESTRAINTS 134
6.2.1 PRICE VOLATILITY OF RAW MATERIALS 134
6.2.2 ISSUES REGARDING HIGH-TEMPERATURE GASKETS 135
6.3 OPPORTUNITIES 135
6.3.1 CUSTOMIZING A PRODUCT TO MEET THE NEEDS OF THE CUSTOMER WHILE ALSO OFFERING IT AT A REASONABLE PRICE 135
6.3.2 NEW PRODUCT LAUNCHES CAN POSE MAJOR BUSINESS OPPORTUNITIES 136
6.4 CHALLENGES 136
6.4.1 CHALLENGES ASSOCIATED WITH MANUFACTURING DESIGN, AND MATERIAL CONSTRUCTION 136
6.4.2 GOVERNMENT REGULATIONS FOR ENVIRONMENTAL PROTECTION MAY AFFECT GASKETS GROWTH 137
7 NORTH AMERICA GASKETS MARKET, BY TYPE 139
7.1 OVERVIEW 140
7.2 CONTACT GASKETS 141
7.2.1 DYNAMIC GASKETS 142
7.2.1.1 SHAFT GASKETS (ROTARY GASKETS) 142
7.2.1.2 HYDRAULIC AND PNEUMATIC GASKETS 142
7.2.1.3 COMPRESSING GASKETS FITTINGS 143
7.2.1.4 MECHANICAL GASKETS 143
7.2.2 STATIC GASKETS 143
7.2.2.1 FLAT GASKETS AND GASKET PLATES 143
7.2.2.2 PROFILE GASKETS 143
7.2.2.3 O-RINGS 143
7.3 CONTACTLESS GASKETS 143
7.3.1 PRESSURE GASKETS 144
7.3.2 THROTTLE GASKETS 145
8 NORTH AMERICA GASKETS MARKET, BY INDUSTRY 146
8.1 OVERVIEW 147
8.2 AUTOMOTIVE 148
8.2.1 CONTACT GASKETS 149
8.2.1.1 DYNAMIC GASKETS 149
8.2.1.1.1 HYDRAULIC AND PNEUMATIC GASKETS 149
8.2.1.1.2 SHAFT GASKETS (ROTARY GASKETS) 150
8.2.1.1.3 MECHANICAL GASKETS 150
8.2.1.1.4 COMPRESSING GASKETS FITTINGS 150
8.2.1.2 STATIC GASKETS 150
8.2.1.2.1 FLAT GASKETS AND GASKET PLATES 150
8.2.1.2.2 PROFILE GASKETS 150
8.2.1.2.3 O-RINGS 150
8.2.2 CONTACTLESS GASKETS 150
8.2.2.1 PRESSURE GASKETS 151
8.2.2.2 THROTTLE GASKETS 151
8.3 ELECTRICAL 151
8.3.1 CONTACT GASKETS 152
8.3.1.1 DYNAMIC GASKETS 152
8.3.1.1.1 COMPRESSING GASKETS FITTINGS 152
8.3.1.1.2 SHAFT GASKETS (ROTARY GASKETS) 152
8.3.1.1.3 HYDRAULIC AND PNEUMATIC GASKETS 153
8.3.1.1.4 MECHANICAL GASKETS 153
8.3.1.2 STATIC GASKETS 153
8.3.1.2.1 PROFILE GASKETS 153
8.3.1.2.2 O-RINGS 153
8.3.1.2.3 FLAT GASKETS AND GASKET PLATES 153
8.3.2 CONTACTLESS GASKETS 153
8.3.2.1 PRESSURE GASKETS 154
8.3.2.2 THROTTLE GASKETS 154
8.4 INDUSTRIAL MANUFACTURING 154
8.4.1 CONTACT GASKETS 155
8.4.1.1 DYNAMIC GASKETS 155
8.4.1.1.1 MECHANICAL GASKETS 156
8.4.1.1.2 SHAFT GASKETS (ROTARY GASKETS) 156
8.4.1.1.3 COMPRESSING GASKETS FITTINGS 156
8.4.1.1.4 HYDRAULIC AND PNEUMATIC GASKETS 156
8.4.1.2 STATIC GASKETS 156
8.4.1.2.1 O-RINGS 156
8.4.1.2.2 PROFILE GASKETS 157
8.4.1.2.3 FLAT GASKETS AND GASKET PLATES 157
8.4.2 CONTACTLESS GASKETS 157
8.4.2.1 PRESSURE GASKETS 157
8.4.2.2 THROTTLE GASKETS 157
8.5 OIL AND GAS 157
8.5.1 CONTACT GASKETS 158
8.5.1.1 DYNAMIC GASKETS 158
8.5.1.1.1 HYDRAULIC AND PNEUMATIC GASKETS 159
8.5.1.1.2 SHAFT GASKETS (ROTARY GASKETS) 159
8.5.1.1.3 COMPRESSING GASKETS FITTINGS 159
8.5.1.1.4 MECHANICAL GASKETS 159
8.5.1.2 STATIC GASKETS 159
8.5.1.2.1 O-RINGS 159
8.5.1.2.2 FLAT GASKETS AND GASKET PLATES 160
8.5.1.2.3 PROFILE GASKETS 160
8.5.2 CONTACTLESS GASKETS 160
8.5.2.1 PRESSURE GASKETS 160
8.5.2.2 THROTTLE GASKETS 160
8.6 AEROSPACE 160
8.6.1 CONTACT GASKETS 161
8.6.1.1 DYNAMIC GASKETS 161
8.6.1.1.1 COMPRESSING GASKETS FITTINGS 162
8.6.1.1.2 HYDRAULIC AND PNEUMATIC GASKETS 162
8.6.1.1.3 SHAFT GASKETS (ROTARY GASKETS) 162
8.6.1.1.4 MECHANICAL GASKETS 162
8.6.1.2 STATIC GASKETS 162
8.6.1.2.1 O-RINGS 162
8.6.1.2.2 PROFILE GASKETS 163
8.6.1.2.3 FLAT GASKETS AND GASKET PLATES 163
8.6.2 CONTACTLESS GASKETS 163
8.6.2.1 PRESSURE GASKETS 163
8.6.2.2 THROTTLE GASKETS 163
8.7 MARINE AND RAIL 163
8.7.1 CONTACT GASKETS 164
8.7.1.1 DYNAMIC GASKETS 164
8.7.1.1.1 HYDRAULIC AND PNEUMATIC GASKETS 165
8.7.1.1.2 SHAFT GASKETS (ROTARY GASKETS) 165
8.7.1.1.3 COMPRESSING GASKETS FITTINGS 165
8.7.1.1.4 MECHANICAL GASKETS 165
8.7.1.2 STATIC GASKETS 165
8.7.1.2.1 FLAT GASKETS AND GASKET PLATES 165
8.7.1.2.2 O-RINGS 166
8.7.1.2.3 PROFILE GASKETS 166
8.7.2 CONTACTLESS GASKETS 166
8.7.2.1 PRESSURE GASKETS 166
8.7.2.2 THROTTLE GASKETS 166
8.8 PAPER AND PULP INDUSTRY 166
8.8.1 CONTACT GASKETS 167
8.8.1.1 DYNAMIC GASKETS 167
8.8.1.1.1 MECHANICAL GASKETS 168
8.8.1.1.2 COMPRESSING GASKETS FITTINGS 168
8.8.1.1.3 HYDRAULIC AND PNEUMATIC GASKETS 168
8.8.1.1.4 SHAFT GASKETS (ROTARY GASKETS) 168
8.8.1.2 STATIC GASKETS 168
8.8.1.2.1 O-RINGS 168
8.8.1.2.2 PROFILE GASKETS 169
8.8.1.2.3 FLAT GASKETS AND GASKET PLATES 169
8.8.2 CONTACTLESS GASKETS 169
8.8.2.1 PRESSURE GASKETS 169
8.8.2.2 THROTTLE GASKETS 169
8.9 OTHERS 169
8.9.1 CONTACT GASKETS 170
8.9.1.1 DYNAMIC GASKETS 170
8.9.1.1.1 COMPRESSING GASKETS FITTINGS 171
8.9.1.1.2 SHAFT GASKETS (ROTARY GASKETS) 171
8.9.1.1.3 HYDRAULIC AND PNEUMATIC GASKETS 171
8.9.1.1.4 MECHANICAL GASKETS 171
8.9.1.2 STATIC GASKETS 171
8.9.1.2.1 O-RINGS 171
8.9.1.2.2 PROFILE GASKETS 172
8.9.1.2.3 FLAT GASKETS AND GASKET PLATES 172
8.9.2 CONTACTLESS GASKETS 172
8.9.2.1 PRESSURE GASKETS 172
8.9.2.2 THROTTLE GASKETS 172
9 NORTH AMERICA GASKETS MARKET, BY REGION 173
9.1 NORTH AMERICA 174
9.1.1 U.S. 191
9.1.2 CANADA 204
9.1.3 MEXICO 216
10 NORTH AMERICA GASKETS MARKET COMPANY LANDSCAPE 228
10.1 COMPANY SHARE ANALYSIS: 228
10.2 ACHIEVEMENTS 229
10.3 CERTIFICATION 229
10.4 EXPANSION 229
10.5 ACQUISITIONS 230
10.6 AWARD 230
10.7 APPROVAL 231
10.8 NEW PRODUCT DEVELOPMENT 231
10.9 EVENT 232
11 SWOT ANALYSIS 233
12 COMPANY PROFILES 234
12.1 FREUDENBERG FST GMBH 234
12.1.1 COMPANY SNAPSHOT 234
12.1.2 REVENUE ANALYSIS 234
12.1.3 COMPANY SHARE ANALYSIS 235
12.1.4 SWOT 235
12.1.5 PRODUCT PORTFOLIO 236
12.1.6 RECENT DEVELOPMENTS 237
12.2 TRELLEBORG AB 238
12.2.1 COMPANY SNAPSHOT 238
12.2.2 REVENUE ANALYSIS 238
12.2.3 COMPANY SHARE ANALYSIS 239
12.2.4 SWOT 239
12.2.5 PRODUCT PORTFOLIO 240
12.2.6 RECENT DEVELOPMENTS 240
12.3 GARLOCK, AN ENPRO (NYSE: NPO) COMPANY 241
12.3.1 COMPANY SNAPSHOT 241
12.3.2 COMPANY SHARE ANALYSIS 241
12.3.3 SWOT 242
12.3.4 PRODUCT PORTFOLIO 242
12.3.5 RECENT DEVELOPMENT 243
12.4 ELRINGKLINGER AG 244
12.4.1 COMPANY SNAPSHOT 244
12.4.2 REVENUE ANALYSIS 244
12.4.3 COMPANY SHARE ANALYSIS 245
12.4.4 SWOT 245
12.4.5 PRODUCT PORTFOLIO 246
12.4.6 RECENT DEVELOPMENTS 246
12.5 BRUSS SEALING SYSTEMS GMBH 247
12.5.1 COMPANY SNAPSHOT 247
12.5.2 COMPANY SHARE ANALYSIS 247
12.5.3 SWOT 248
12.5.4 PRODUCT PORTFOLIO 248
12.5.5 RECENT DEVELOPMENT 248
12.6 A.J. RUBBER & SPONGE LTD. 249
12.6.1 COMPANY SNAPSHOT 249
12.6.2 SWOT 249
12.6.3 PRODUCT PORTFOLIO 250
12.6.4 RECENT DEVELOPMENT 250
12.7 GE MAO RUBBER INDUSTRIAL CO, LTD. 251
12.7.1 COMPANY SNAPSHOT 251
12.7.2 SWOT 251
12.7.3 PRODUCT PORTFOLIO 252
12.7.4 RECENT DEVELOPMENTS 252
12.8 HELIX ENGINEERING 253
12.8.1 COMPANY SNAPSHOT 253
12.8.2 SWOT 253
12.8.3 PRODUCT PORTFOLIO 254
12.8.4 RECENT DEVELOPMENT 254
12.9 IDT GMBH 255
12.9.1 COMPANY SNAPSHOT 255
12.9.2 SWOT 255
12.9.3 PRODUCT PORTFOLIO 256
12.9.4 RECENT DEVELOPMENTS 259
12.10 LAMONS LGC US ASSET HOLDINGS LLC 260
12.10.1 COMPANY SNAPSHOT 260
12.10.2 SWOT 260
12.10.3 PRODUCT PORTFOLIO 261
12.10.4 RECENT DEVELOPMENT 261
12.11 OHIO VALLEY GASKET INC. 262
12.11.1 COMPANY SNAPSHOT 262
12.11.2 SWOT 262
12.11.3 PRODUCT PORTFOLIO 263
12.11.4 RECENT DEVELOPMENT 263
12.12 SEAL & DESIGN INC. 264
12.12.1 COMPANY SNAPSHOT 264
12.12.2 SWOT 264
12.12.3 PRODUCT PORTFOLIO 265
12.12.4 RECENT DEVELOPMENT 266
12.13 SSP MANUFACTURING INC. 267
12.13.1 COMPANY SNAPSHOT 267
12.13.2 SWOT 267
12.13.3 PRODUCT PORTFOLIO 268
12.13.4 RECENT DEVELOPMENT 268
12.14 THE TOPOG-E-GASKET CO 269
12.14.1 COMPANY SNAPSHOT 269
12.14.2 SWOT 269
12.14.3 PRODUCT PORTFOLIO 270
12.14.4 RECENT DEVELOPMENT 270
12.15 W.L.GORE & ASSOCIATES, INC. 271
12.15.1 COMPANY SNAPSHOT 271
12.15.2 SWOT 271
12.15.3 PRODUCT PORTFOLIO 272
12.15.4 RECENT DEVELOPMENT 272
13 QUESTIONNAIRE 273
14 RELATED REPORTS 276
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