Published on : Feb 28, 2018
Albany, New York, February 28, 2018: The usefulness of high temperature gaskets is to provide a seal at temperatures that exceed 700C. It is vital to remember that, applications with high temperatures, high pressures and intense heat, might cause gasket failure in case a wrong material is selected for gasket design. The demand for these gaskets is immense. It has been analyzed that the consumption is dominant in Asia Pacific which has accounted for major share across the global high temperature gasket market in 2016. To study further, a new research report titled “High Temperature Gaskets Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025”, has been included to the online repository of Market Research Hub (MRH). It discusses the regional market spread as well as market dynamics, comprising of trends and opportunities aligned in the near future.
As per report findings, the global High Temperature Gaskets market is projected to acquire a value of US$ 31,640.0 Mn by 2025 from the previous marking at US$ 20,399.9 Mn in 2016. If things remain steady the market would showcase CAGR of 5.1% during 2017 to 2025. This study includes drivers and restraints associated to the global high temperature gaskets market. Above all, other influential factors such as value chain analysis and Porter’s Five Forces model are enclosed in the report. As we proceed, this study provides a crisp view on the global high temperature gaskets market through active segmentation. The concerned market is bifurcated on the basis of material, design, product and application. Based on material type, high temperature gaskets can be divided as graphite, ceramic, fiber glass, fluorosilicone, mica, silicon, teflon, UHT liquid gaskets, stainless steel & alloy and others. Moreover, in terms of product type, the market is separated into, metallic, non-metallic, semi-Metallic and UHT liquid gaskets. According to research details, liquid gaskets are available in different sizes and shapes, and are seen as a major substitute for traditional gaskets.
Geographically, the overall high temperature gaskets market is segmented into North America, Latin America, Europe, Asia Pacific and MEA. Asia Pacific emerges as the powerful region in this sector, with China spotted as the manufacturing hub. This is due to the presence of large number of transportation companies, chemical processing plants, power generation plants, etc. This assessment further incorporates market attractiveness analysis, where in product, and application are studied based on their growth rate, market size and general attractiveness. Later on, readers can even access details about regional level price trend analysis.
The final portion of the report drops light on the active market players from the high temperature gaskets market. Flexitallic Group, Teadit Group, Garlock, Spetech, IGS Industries, Hennig Gasket & Seals Inc., and Advanced Sealing are some of the well-known manufacturers who have been examined in this research.
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