Gasket is a mechanical seal that are used to fill the space between two or more than two mating surfaces. It is used to prevent leakage from the joined objects when they are under compression. It is commonly produced from sheet materials by cutting. Gaskets are generally made from flat materials which include a sheet, from rubber, paper, silicone, cork, felt, metal, nitrile rubber, fiberglass, and others. The industrial gaskets market is anticipated to register a good growth during the forecast period. This is attributed to its wide application in different end-user industries including power, oil and gas, chemicals, and others.
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Geographic Overview
Globally, North America is the most dominant market and account for the largest share in the industrial gaskets market. The growth of the region’s market is mainly attributed to the growing demand of gaskets in end-user industries such as power, chemical, oil and gas, and other industries. However, during the forecast period, the Asia-Pacific is projected to register the fastest growth in the market, owing to the increasing power production in the region in order to meet the increasing power demand.
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Competitive Insight
Some of the major players operating in the industrial gaskets industry are Klinger Limited, Garlock Sealing Technologies, Spira Power, Hennig Gasket & Seals Inc., Denver Rubber Company, Goodrich Gasket Private Limited, Amg Sealing Limited, Oman Gasket Factory, Gasket Manufacturing Company, Phelps Industrial Products, and Leader Gasket Technologies.
Geographical Segmentation
Industrial Gaskets Market by Region
North America
Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
Asia Pacific
- Japan
- China
- India
- Taiwan
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
Middle East and Africa
- UAE
- South Africa
- Qatar
- Saudi Arabia
- Rest of Middle East and Africa
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