BusinessIndustries

The global Non-Metallic Gasket Sheet market is valued at 3580 million US$ in 2018 is expected to reach 4330 million US$ by the end of 2025, growing at a CAGR of 2.4% during 2019-2025

Global Non-Metallic Gasket Sheet Market Research Report 2019

Non-Metallic Gasket Sheet, also called soft gasket, is a term used when referring to a gasket material that is easily compressed under a low bolt load. This term has been used to distinguish the difference from a metallic gasket. A soft gasket material can be selected from a large variety of rubbers and compressed non-asbestos sheet products, PTFE, flexible graphite and high temperature sheet, etc. Soft gaskets are used in a wide range of applications from pipe flange, heat exchanger, compressor and bonnet valve gaskets, to name just a few.
In the coming years there is an increasing demand for Non-Metallic Gasket Sheet in the regions of North America and Europe that is expected to drive the market for more advanced Non-Metallic Gasket Sheet. Increasing of machinery fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Non-Metallic Gasket Sheet will drive growth in North America and Europe markets.

Globally, the Non-Metallic Gasket Sheet industry market is low concentrated as the manufacturing technology of Non-Metallic Gasket Sheet is relatively matures than some high-tech equipment. And some enterprises, like The Flexitallic Group, Freudenberg Sealing Technologies, Trelleborg, etc. are well-known for the wonderful performance of their Non-Metallic Gasket Sheet and related services. At the same time, China, occupied 25.97% sales market share in 2016, is remarkable in the global Non-Metallic Gasket Sheet industry because of their lowest cost of raw material and labor.

The consumption volume of Non-Metallic Gasket Sheet is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Non-Metallic Gasket Sheet industry may not keep that fast. But it is surely forecasted that the market of Non-Metallic Gasket Sheet is still promising.

The product average price declined in the past few years due to the technology development, the average price will keep the trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials.

The impact on the cost and availability of raw materials and certain components is uncertain due to potential supply changes. The costs of raw materials have a significant impact on the level of expenses. If the prices of raw materials and related factors such as energy prices increase, and if new companies cannot pass those price increases on to customers, their results of operations and financial condition would suffer.

With emerging economies growing faster, a strategy has been adopted by most leading vendors in the Non-Metallic Gasket Sheet market to approach these areas. QYR analysis of the Non-Metallic Gasket Sheet market indicated that China would account for the highest sales in 2022 with close to 27 percent of global sales coming from this region, and Asia has the highest growth rate. Vendors recognize the importance of this region, particularly in China, and are working towards penetrating this market by strengthening their sales and distribution networks.

6. Although the market competition of Non-Metallic Gasket Sheet is fierce globally, there are many enterprises can obtain considerable profit form the manufacturing and marketing of Non-Metallic Gasket Sheet and that is the reason that we believe there will also be enterprises enter this market. But it is suggested that enterprises those have plans to enter this industry have careful analysis of this market and the advantages or disadvantages of themselves.

The global Non-Metallic Gasket Sheet market is valued at 3580 million US$ in 2018 is expected to reach 4330 million US$ by the end of 2025, growing at a CAGR of 2.4% during 2019-2025.
This report focuses on Non-Metallic Gasket Sheet volume and value at global level, regional level and company level. From a global perspective, this report represents overall Non-Metallic Gasket Sheet market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The report includes an in-depth analysis of the competitive landscape of this business vertical, constituting manufacturers like:
The Flexitallic Group
Freudenberg Sealing Technologies
Trelleborg
ElringKlinger
EnPro Industries
Nichias
Klinger Limited
Dana
Federal-Mogul
W. L. Gore and Associates
NIPPON VALQUA
Uchiyama Group
Parker Hannifin
PILLAR Packing
Frenzelit
Teadit
Sanwa Packing Industry
CPS
Lamons
Inertech, Inc
Sakagami Seisakusho

Market Segment by Regions includes:
North America
Europe
China
Japan

Products Segmentation, this report displays the production, revenue, price, market share, and growth rate of each type as below:
Compressed Fiber
Non-Asbestos
PTFE
Graphite
Others

By Industrial Application, the market can be split into:
Automotive
General Equipment
Electrical Equipment
Others

Global Non-Metallic Gasket Sheet Market Research Report 2019 is a professional and in-depth study and available exclusively through Trusted Business Insights. Annual estimates and forecasts are provided for the period 2019 through 2025. Also, a five-year historic analysis is provided for these markets in this 98 pages report.

This market report provides in-depth analytics of the Non-Metallic Gasket Sheet industry including definition, classification, application and industry chain structure. The report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share, and contact information.

Request for a Sample PDF of Non-Metallic Gasket Sheet research report

Non-Metallic Gasket Sheet market report includes an in-depth analysis of the competitive landscape of this business vertical, constituting companies like:

Products Segmentation, this report displays the production, revenue, price, market share, and growth rate of each type as below:
Market Segment by Regions includes:

  • North America (the USA, Canada, and Mexico)
  • Europe (Germany, France, UK, Russia, and Italy)
  • Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
  • South America
  • Middle East and Africa.

Browse contents of Global Non-Metallic Gasket Sheet Market Research Report 2019

Contacts

Trusted Business Insights
Joseph Anthony Jones
Senior Media & Marketing Executive
US: +1 646 568 9797
UK: +44 330 808 0580

Tags

Related Articles

Close