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Study #: 2416

Published: 11/2008

Pages: 293

Full Study Price: US$ 4,700

Per Page Price: US$ 35.00 (text) | 60.00 (table)

Gaskets & Seals to 2012 - Market Research, Market Share, Market Size, Sales, Demand Forecast, Market Leaders, Company Profiles, Industry Trends

US demand for gaskets and seals will reach $8.8 billion by 2012, driven by a rebound in end-use markets and rising demand for more expensive sealing products made from advanced materials. Expanded graphite gaskets, plastic gaskets and body seals will post the fastest sales increases. Aerospace uses will be the most rapidly growing major market.

This study analyzes the $7.7 billion US gasket and seal industry. It presents historical demand data for the years 1997, 2002 and 2007, and forecasts for 2012 and 2017 by type (e.g., elastomeric gaskets, fiber-based gaskets, plastic-based gaskets, expanded graphite gaskets, metallic gaskets, molded seals and packings, body seals, shaft seals, compression packings) 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 33 industry players, including Freudenberg, Henniges Automotive and Federal-Mogul.

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TABLE OF CONTENTS
  
  
  SECTION                                                  PAGE

                 INTRODUCTION                                                      xi
                 
          I.     EXECUTIVE SUMMARY                                                  1
                                                                                     
         II.     MARKET ENVIRONMENT                                                 4
                 General                                                            4
                 Economic Environment                                               5
                     Cyclical Trends                                                5
                     Long Term Trends                                              11
                 Manufacturing Outlook                                             12
                 Fixed Investment Trends                                           14
                 
        III.     GASKET & SEAL OVERVIEW                                            18
                 General                                                           18
                 Supply & Demand                                                   19
                 Market Volatility                                                 21
                 Pricing Patterns                                                  24
                 Technology & Material Trends                                      27
                 International Issues & Foreign Trade                              30
                     World Supply & Demand Trends                                  31
                     Trends in US Foreign Trade                                    34
                       Imports                                                     36
                       Exports                                                     39
                       
         IV.     GASKET SUPPLY & DEMAND                                            42
                 General                                                           42
                 Nonmetallic Gaskets                                               46
                     Elastomeric Gaskets                                           49
                       Rubber                                                      51
                       Thermoplastic Elastomers                                    54
                     Advanced Fiber-Based Gaskets                                  56
                       Fiberglass                                                  58
                       Aramid Fiber                                                59
                       Carbon Fiber                                                60
                     Plastic-Based Gaskets                                         62
                     Expanded Graphite Gaskets                                     64
                     Conventional Fiber-Based Gaskets                              66
                       Cellulose Fiber                                             69                                        
                       Paper & Felt                                                70
                       Asbestos                                                    71
                     Other Nonmetallic Gaskets                                     72
                       Cork                                                        72
                       All Other Nonmetallic                                       74
                 Metallic Gaskets                                                  76
                     Conventional Metallic Designs                                 78
                     Machined Metallic Seals                                       80
                                                                                     
          V.     SEAL & PACKING SUPPLY & DEMAND                                    82
                 General                                                           82
                 Molded Seals & Packings                                           86
                     O-Rings                                                       89
                       Nitrile Rubber                                              91
                       FKM Fluoroelastomers                                        92
                       Other                                                       93
                     Other Molded Seals & Packings                                 93
                       Flexible Seals & Packings                                   95
                       Diaphragm Seals                                             95
                       Other Squeeze-Type Seals                                    97
                       All Other Molded Seals & Packings                           97
                 Body Seals                                                        98
                     Motor Vehicle Body Seals                                     100
                     Other Body Seals                                             103
                 Shaft Seals                                                      104
                     Rotary Oil Seals                                             106
                     Axial & Mechanical Face Seals                                108
                 Compression Packings                                             110
                 
         VI.     GASKET & SEAL MARKETS                                            114
                 General                                                          114
                 Motor Vehicles                                                   118
                     Industry Overview                                            118
                     Gasket & Seal Demand                                         121
                       OEM                                                        125
                       Aftermarket                                                128
                 Machinery                                                        129
                     Construction & Related Equipment                             131
                       Industry Overview                                          132
                       Gasket & Seal Demand                                       134
                     General Purpose Machinery                                    136
                       Industry Overview                                          137
                       Gasket & Seal Demand                                       138
                     Engines, Turbines & Power Transmission Equipment             141
                       Industry Overview                                          141
                       Gasket & Seal Demand                                       142
                     HVAC & Service Equipment                                     144
                       Industry Overview                                          144
                       Gasket & Seal Demand                                       145
                     Other Machinery                                              147
                       Industry Overview                                          147
                       Gasket & Seal Demand                                       148
                 Electrical & Electronic Products                                 150
                     Instruments                                                  152
                       Industry Overview                                          153
                       Gasket & Seal Demand                                       154
                     Computers & Electronic Equipment                             156
                       Industry Overview                                          157
                       Gasket & Seal Demand                                       158
                     Electrical Equipment                                         160
                       Industry Overview                                          160
                       Gasket & Seal Demand                                       161
                     Appliances                                                   164
                       Industry Overview                                          165
                       Gasket & Seal Demand                                       166
                 Aerospace                                                        168
                     Industry Overview                                            168
                     Gasket & Seal Demand                                         170
                 Marine & Rail                                                    172
                     Industry Overview                                            173
                     Gasket & Seal Demand                                         174
                 Other Markets                                                    176


                                          
        VII.     INDUSTRY STRUCTURE                                               179
                 General                                                          179
                 Industry Composition                                             180
                 Market Share & Leading Producers                                 182
                     Freudenberg                                                  182
                     Henniges Automotive                                          183
                     Federal-Mogul                                                183
                     Parker-Hannifin                                              184
                     John Crane                                                   184
                     Dana                                                         185
                     SKF                                                          185
                     Other Leading Producers                                      185
                 Product Development & Manufacturing                              185
                 Marketing & Distribution                                         189
                 Cooperative Agreements                                           191
                 Financial Issues & Requirements                                  194
                 Mergers, Acquisitions & Industry Restructuring                   197
                 Company Profiles                                                 201
                     AFM, see Trelleborg                                             
                     AMETEK Incorporated                                          203
                     Anura Plastics Engineering, see Freudenberg                     
                     Bal Seal Engineering Company Incorporated                    205
                     Burgmann Industries, see Freudenberg                            
                     Caterpillar Incorporated                                     206
                     CDI Seals, see Fenner                                           
                     Chardon Rubber Company                                       208
                     Chesterton (AW) Company                                      209
                     Cooper-Standard Holdings Incorporated                        211
                     Dana Holding Corporation                                     213
                     EagleBurgmann Industries, see Freudenberg                       
                     EaglePicher Corporation                                      216
                     EGC Plastics, see Fenner                                        
                     ElringKlinger AG                                             218
                     EnPro Industries Incorporated                                221
                     Equiter, see Flexitallic Group                                  
                     Federal-Mogul Corporation                                    226
                     Fenner plc                                                   232
                     Flexitallic Group Incorporated                               234
                     Flowserve Corporation                                        236
                     Freudenberg & Company                                        238
                     Garlock Sealing Technologies, see EnPro Industries              
                     Gore (WL) & Associates Incorporated                          241
                     Greene, Tweed & Company                                      244
                     Hallite Seals International, see Fenner                         
                     HCC Industries, see AMETEK                                      
                     Helix Medical, see Freudenberg                                  
                     Henkel AG & Company KGaA                                     248
                     Henniges Automotive Incorporated                             251
                     Holm Industries Incorporated                                 253
                     Hutchinson, see Total                                           
                     Hydro-Components Research & Development, 
                       see Trelleborg                                                
                     Illinois Tool Works Incorporated                             254
                     Industrie Ilpea, see Holm Industries                            
                     Interface Solutions Incorporated                             256
                     Ishino Gasket North America, see Freudenberg                    
                     ITW Southland, see Illinois Tool Works                          
                     John Crane North America, see Smiths Group                      
                     Kaydon Corporation                                           259
                     Lamons Gasket, see TriMas                                       
                     Nippon Reinz, see Dana Holding                                  
                     Nishikawa Standard, see Cooper-Standard                         
                     NPC, see Trelleborg
                     Palmetto, see Greene, Tweed & Company                           
                     Park-Ohio Holdings Corporation                               261
                     Parker-Hannifin Corporation                                  262
                     Permatex, see Illinois Tool Works                               
                     Pikotek, see EnPro Industries                                   
                     Plastomer Technologies, see EnPro Industries                    
                     Precision Industries, see Freudenberg                           
                     Saint-Gobain                                                 267
                     Sealing Solutions, see Trelleborg                               
                     SKF AB                                                       270
                     Smiths Group plc                                             274
                     Stemco, see EnPro Industries                                    
                     Stillman Seal, see Total
                     Total SA                                                     277
                     Toyoda Gosei Company Limited                                 279
                     Trelleborg AB                                                281
                     TriMas Corporation                                           284
                     Trostel (Albert) & Sons Company                              286
                     US Gauge, see AMETEK                                            
                     Wolverine Advanced Materials, see EaglePicher                   
                 Additional Gasket & Seal Companies                               287
                 

                                   LIST OF TABLES
                                          
TABLE NUMBER                                                                     PAGE

                 SECTION I -- EXECUTIVE SUMMARY
                 Summary Table                                                      3

                 SECTION II -- MARKET ENVIRONMENT
           1     Macroeconomic Indicators                                          10
           2     Durable Goods Shipments                                           14
           3     Nonresidential Fixed Investment Expenditures                      17

                 SECTION III -- GASKET & SEAL OVERVIEW
           1     Gasket & Seal Supply & Demand                                     20
           2     Gasket & Seal Market, 1997-2007                                   23
           3     Gasket & Seal Price Deflators                                     26
           4     World Gasket & Seal Demand by Region                              34
           5     US Foreign Trade in Gaskets & Seals                               36

                 SECTION IV -- GASKET SUPPLY & DEMAND
           1     Gasket Supply & Demand                                            45
           2     Nonmetallic Gasket Supply & Demand                                48
           3     Elastomeric Gasket Demand                                         51
           4     Advanced Fiber-Based Gasket Demand                                57
           5     Plastic-Based Gasket Demand                                       64
           6     Expanded Graphite Gasket Demand                                   66
           7     Conventional Fiber-Based Gasket Demand                            69
           8     Other Nonmetallic Gasket Demand                                   72
           9     Metallic Gasket Supply & Demand                                   78

                 SECTION V -- SEAL & PACKING SUPPLY & DEMAND
           1     Seal & Packing Supply & Demand                                    85
           2     Molded Seal & Packing Supply & Demand                             89
           3     O-Ring Demand                                                     91
           4     Other Molded Seal & Packing Demand                                94
           5     Body Seal Supply & Demand                                        100
           6     Motor Vehicle Body Seal Demand                                   103
           7     Other Body Seal Demand                                           104
           8     Shaft Seal Supply & Demand                                       106
           9     Rotary Oil Seal Demand                                           108
          10     Axial & Mechanical Face Seal Demand                              110
          11     Compression Packing Supply & Demand                              113

                 SECTION VI -- GASKET & SEAL MARKETS
           1     Gasket & Seal Demand by Market & Source                          116
           2     Motor Vehicle Indicators                                         121
           3     Motor Vehicle Gasket & Seal                                      125
           4     OEM Motor Vehicle Gasket & Seal Demand                           127
           5     Aftermarket Motor Vehicle Gasket & Seal Demand                   129
           6     Machinery Gasket & Seal Demand by Market & Source                131
           7     Construction & Related Equipment Shipments                       134
           8     Construction & Related Equipment Gasket & Seal Demand            136
           9     General Purpose Machinery Shipments                              138
          10     General Purpose Machinery Gasket & Seal Demand                   140
          11     Engine, Turbine & Power Transmission Equipment Shipments         142
          12     Engine, Turbine & Power Transmission Equipment
                     Gasket & Seal Demand                                         143
          13     HVAC & Service Equipment Shipments                               145
          14     HVAC & Service Equipment Gasket & Seal Demand                    146
          15     Other Machinery Shipments                                        147
          16     Other Machinery Gasket & Seal Demand                             150
          17     Electrical & Electronic Product Gasket & 
                     Seal Demand by Market & Source                               152
          18     Measuring & Controlling Instrument Shipments                     154
          19     Measuring & Controlling Instrument Gasket & Seal Demand          156
          20     Computer & Electronic Equipment Shipments                        158
          21     Computer & Electronic Equipment Gasket & Seal Demand             160
          22     Electrical Equipment Shipments                                   161
          23     Electrical Equipment Gasket & Seal Demand                        164
          24     Appliance Shipments                                              166
          25     Appliance Gasket & Seal Demand                                   168
          26     Aerospace Equipment Shipments                                    170
          27     Aerospace Gasket & Seal Demand                                   172
          28     Marine & Rail Equipment Shipments                                174
          29     Marine & Rail Gasket & Seal Demand                               176
          30     Other Gasket & Seal Markets                                      178


                 SECTION VII -- INDUSTRY STRUCTURE
           1     Revenue Data: Selected Gasket & Seal Companies, 2007             181
           2     Capital Spending Patterns: Selected Gasket & Seal 
                     Manufacturers                                                189
           3     Selected Cooperative Agreements                                  193
           4     Composite Financial Ratios: Selected Gasket & Seal
                     Manufacturers                                                197
           5     Selected Acquisitions & Divestitures                             200
                 
                                   LIST OF CHARTS
                                          
CHART NUMBER                                                                     PAGE
                 
                 SECTION III -- GASKET & SEAL OVERVIEW
           1     Gasket & Seal Demand by Product, 1997-2017                        21
           2     Gasket & Seal Market, 1998-2007                                   23
           3     Gasket & Seal Price Deflators, 1997-2017                          26
           4     US Gasket & Seal Imports by Source, 2007                          38
           5     US Gasket & Seal Exports by Destination, 2007                     41

                 SECTION IV -- GASKET SUPPLY & DEMAND
           1     Gasket Demand by Type, 1997-2017                                  45
           2     Nonmetallic Gasket Demand by Type, 2007                           49

                 SECTION V -- SEAL & PACKING SUPPLY & DEMAND
           1     Seal & Packing Demand by Type, 1997-2017                          86

                 SECTION VI -- GASKET & SEAL MARKETS
           1     Gasket & Seal Demand by Market, 2007                             117
           2     Additional Gasket & Seal Demand by Market -
                     2012 vs. 2007                                                117

                 SECTION VII -- INDUSTRY STRUCTURE
           1     US Gasket & Seal Market Share by Company, 2007                   182


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