Home
Home | New Titles | Focus Reports | Custom Research | Browse Catalog  |  About Us |  Contact Us   |  

View Cart  |  Complete Purchase  |  View Wish List  |  My Reading Room  |  Edit Account  |  Purchase History  |  Register  |  Login  
Search Freedonia Content
Add Freedonia search to your browser
        
Industry Study Categories


Sign-up for email updates
       

Gaskets & Seals to 2016

 
 





Study #: 2884
Document Type: Industry Study
Date Published: May-2012
Format:
   Full study: PDF
   Section, Pages, Tables and Charts: HTML
Pages: 321
Full Study Price: $4,900.00
       

    

Rebounds in construction expenditures and motor vehicle production, as well as positive outlooks for capital spending and machinery production, will benefit gasket and seal manufacturers.

US demand to rise 4.6% annually through 2016

US demand for gaskets and seals is forecast to increase 4.6 percent per annum to $9.6 billion in 2016, a substantially higher growth rate than during the 2006-2011 period. Rebounds in construction expenditures and motor vehicle production, as well as positive outlooks for capital spending and machinery production, will benefit gasket and seal manufacturers. Increased use of better performing gaskets and seals made from advanced materials, which offer improved lifespans over traditional sealing materials, will also stimulate dollar growth.

Motor vehicle, machinery markets to lead gains

The marine and rail market is projected to post the most rapid growth through 2016 of any of the major gasket and seal markets. Sizable replacement product sales opportunities and the positive outlook for marine and rail equipment shipments will bolster sales gains. However, because of their much larger shares of overall demand, the motor vehicle and machinery industries will record much stronger increases in dollar terms. A rebound in motor vehicle production and a rise in the number of motor vehicles in use will fuel sales of related gasket and sealing products. In addition, the rising use of better performing, higher-priced gaskets and seals will further drive value gains. Increases in machinery gasket and seal demand will be supported by the existence of a large aftermarket, reflecting the harsh conditions that many machinery products operate in; and an increase in machinery outputs as capital expenditures rise.

Best gains seen for compression packings, body seals & expanded graphite gaskets

Among all gasket and sealing products, compression packings, body seals, and expanded graphite gaskets will register the strongest growth through 2016. Demand for compression packings will be spurred by increases in machinery output and capital spending. The rebound in motor vehicle production will be the primary factor driving body seal demand, and expanded graphite gaskets will continue to supplant traditional gasketing materials in a variety of motor vehicle and machinery settings because of their high chemical and temperature resistance and light weight.

In 2011, OEM applications made up over three-fifths of all gasket and seal sales. Aftermarket product demand was greater than OEM sales in the machinery market and equal to OEM demand in aerospace applications. Replacement sales in the electric and electronic products market, however, only accounted for 28 percent of the 2011 sales total.

Study Scope

This study analyzes the $7.6 billion US gasket and seal industry. It presents historical demand data for the years 2001, 2006 and 2011, with forecasts for 2016 and 2021 by product (e.g., nonmetallic gaskets, metallic gaskets, molded seals and packings, body seals, shaft seals) and market (e.g., motor vehicles, machinery, electrical and electronic products, aerospace, marine and rail).

The study also considers market environment factors, details industry structure, evaluates company market share and profiles 34 industry players, including Freudenberg, Federal-Mogul and Parker-Hannifin.
 










Freedonia Footer Links
Career Opportunities   Press Contact   Partner Programs   User Agreement   Privacy Policy   FAQ’s/Help   Site Map   Study Index




E-mail: info@freedoniagroup.com • telephone: +1 440.684.9600 • fax: +1 440.646.0484      
767 Beta Dr. Cleveland Ohio 44143 USA

Copyright © 2013 - Freedonia - All Rights Reserved