According to a new market research report published by Global Market Estimates, the Global Industrial Gaskets Market is projected to grow from USD 9.2 billion in 2021 to USD 11.8 billion by 2026 at a CAGR value of 5.5% from 2021 to 2026.
The growing demand for industrial gaskets is due to its increasing demand in various applications like piping and heat exchanger in oil & gas, refineries, and chemical processing industries, stringent leakage regulations by various environmental regulatory bodies, and the increased investments and production of hydrocarbons in the Middle East and Asia. Moreover, during the forecast period, the increasing number of refineries in developing countries is predicted to enhance demand for industrial gaskets.
Browse 151 Market Data Tables and 111 Figures spread through 181 Pages and in-depth TOC on “Global Industrial Gaskets Market - Forecast to 2026"
By Material Type (Semi-Metallic, Non-Metallic, Metallic), By Product Type (Soft Gasket, Spiral Wound Gasket, Ring Joint Gasket, Kammprofile Gasket, Jacketed Gasket, Corrugated Gasket, and Others), By End-User Industry (Refineries, Power Generation, Chemical Processing, Industrial Machinery, Pulp & Paper, Food & Pharmaceutical, and Others), By Region (North America, Asia Pacific, Europe, Latin America, Middle East & Africa); End-User Landscape, Company Market Share Analysis, and Competitor Analysis
Key Market Insights
- As per the material type outlook, the semi-metallic segment is expected to grow the fastest in the market from 2021 to 2026.
- The soft gasket segment is expected to be the largest segment in the market from 2021 to 2026 as per the product type segmentation
- Based on the end-user outlook, the refineries are expected to be growing the fastest in the market from 2021 to 2026
- Asia Pacific (India, China, Japan, Malaysia, Singapore, and the Rest of Asia Pacific) will have a dominant share in the Industrial Gaskets market from 2021 to 2026
- Klinger, Teadit, Flexitallic, Garlock, W.L.Gore, Spira Power, Lamons Gasket Co, Donit, Goodrich Gasket, James Walker, and Hennig Gasket & Seals, Inc, among others are the key players in the industrial gaskets market.
Material Type Outlook (Revenue, USD Billion, 2021-2026)
Product Type Outlook (Revenue, USD Billion, 2021-2026)
- Soft Gasket
- Spiral Wound Gasket
- Ring Joint Gasket
- Kammprofile Gasket
- Jacketed Gasket
- Corrugated Gasket
End-User Outlook (Revenue, USD Billion, 2021-2026)
- Power Generation
- Chemical Processing
- Industrial Machinery
- Pulp & Paper
- Food & Pharmaceutical
Regional Outlook (Revenue, USD Billion, 2021-2026)
- The U.S.
- Rest of Europe
- South Korea
- Rest of APAC
Central & South America
- Rest of CSA
Middle East & Africa
- Saudi Arabia
- Rest of MEA
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