Stratview Research delivers key insights on the global Gaskets Market. According to Stratview Research, the market is segmented by End-Use Industry Type (Transportation, Processing, Electrical & Electronics, Mobile Machinery, Manufacturing Tools, Energy & Power, and Others) and Rest of the World [Brazil, Argentina, and Others]).
Market Insights
The report suggests that the overall Gaskets Market is expected to grow at a modest CAGR of 3.9% during the forecast period to reach US$ 10.8 Billion by 2027.
Market Segments' Analysis
Industry Trends
The market is segmented as transportation, processing, electrical & electronics, mobile machinery, manufacturing tools, energy & power, and others. Transportation held a market share of >43.3% in 2021.
Regional Analysis
Asia-Pacific accounted for >47% of the market share in 2021 & is expected to remain the largest as well as the fastest-growing market for gaskets during the forecast period.
Key Players
The following are some of the key players in the gaskets market:
- James Walker & Co.
- Parker-Hannifin Corporation
- Tenneco (Federal-Mogul)
- Trelleborg AB
- Uchiyama Group
FREQUENTLY ASKED QUESTIONS
The report answers several questions related to the market. The user can get to know the answers to the following questions…
- What is the global demand for gaskets market in terms of revenue?
- Which are the prominent players in the market?
- At what CAGR is the market projected to grow within the forecast period?
- What are the driving factors fuelling the growth of the market?
- Which region accounted for the largest share in the market?
- How did the Covid19 impacted the market?
- How long will it take to recover from the Covid impact?
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Stratview Research is a leading global market research firm providing expert research solutions, trusted by clients worldwide. To keep our clients ahead of the curve, we provide data backed by extensive market research and in-depth industry knowledge. The broad spectrum of integrated insights is referred to, and cited by press releases, interview with key players, white papers, journals, etc. Stratview research also offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please connect with our team.
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