High Temperature Gaskets Market size and forecast, 2021-2030

1. High Temperature Gaskets Market size and forecast, 2021-2030 The global high temperature gaskets market features a largely fragmented and thus intensely competitive vendor landscape, according to a recent report by Transparency Market Research. While manufacturing techniques have changed over the years for high temperature gaskets, leaders have maintained their positions by adopting latest techniques, establishing a large inventory of materials, and competitive pricing. The market is expected to remain competitive in the years to come as well, with focus on strategic collaborations expected to rise as companies look to consolidate their positions in lucrative regional markets. Some of the key companies in the market are Flexitallic Group, Garlock, Teadit Group, Spetech, Hennig Gasket & Seals Inc., IGS Industries, Kommerling UK Ltd. 3M, Henkel Adhesives, National Engineering Products Inc., and Advanced Sealing. According to the report, the global high temperature gaskets market was valued at US$20,399.9 mn in 2016 and is projected to reach US$31,640.0 mn by 2025. This translates into a CAGR of 5.1% from 2017 to 2025. Graphite Takes Up Significant Share in Overall Demand Of the key varieties of materials used for manufacturing high temperature gaskets, the segment of graphite accounted for nearly 16% share of the global high

2. temperature gasket market in 2016 in terms of volume. This can be attributed to its properties of flexibility and resilience at high temperatures. Currently, liquid gasket sealant for ultra-high temperature constituted minimum share of the market. However, the segment is anticipated to expand significantly during the forecast period. Geographically, Asia Pacific accounted for more than 50% of the global high temperature gaskets market in 2016, in terms of volume as well as value. It is likely to offer significant potential to the high temperature gaskets market in the near future, with China being the dominant country. Presence of a large number of transportation companies, power generation plants, and chemical processing plants in China will aid its growth. Request A Sample- https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep _id=37541 Revival in Automotive Industry to Provide Ample Growth Opportunities The market could benefit from steady growth opportunities in some of the key end- use industries such as power generation, oil and gas, transportation, and chemical processing. Emerging economies in regions such as Asia Pacific and Latin America have witnessed a vast rise in power generation infrastructure set-up activities. In advanced economies, demand is instead driven due to the rise in power generation infrastructure maintenance activities. Revival in the automotive industry across established and emerging markets is also likely to present growth opportunities for players. Recovery in oil prices and increase in demand for maintenance of oil field equipment are anticipated to boost the high temperature gaskets market in regions with an established oil and gas sector, such as the Middle East and Africa region. Ultra high temperature liquid gaskets are gaining market acceptance in the region due to their compactness in use for drilling equipment where the design of the flanges is critical. This assessment of the global high temperature gasket market is based on a recent market research report by Transparency Market Research, titled “High Temperature Gaskets (Material - Graphite, Fluorosilicone, Fiber glass, Ceramic, Mica, Teflon, Silicon, Stainless Steel & alloy, UHT Liquid Gaskets materials, and Thermiculite; Product - Metallic, Semi-Metallic, Non-Metallic, UHT Liquid Gaskets; Design - Spiral Wound, Kammprofile, Double-jacketed, and Fishbone, Application - Power Generation, Oil and gas, Chemical Processing, Primary Metals, and Transportation) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2025.”

3. REQUEST FOR COVID19 IMPACT ANALYSIS – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid 19&rep_id=37541 For the study, the market has been segmented as follows: High Temperature Gaskets Market: By Material Type Graphite Fluorosilicone Fiber glass Ceramic Mica Teflon Silicon Stainless Steel & alloy UHT Liquid Gasket Materials Others (Thermiculite, etc.) High Temperature Gaskets Market: By Product Type Metallic Semi-Metallic Non-Metallic UHT Liquid Gaskets High Temperature Gaskets Market: By Design Type Spiral Wound Kammprofile Double-jacketed Fishbone Others High Temperature Gaskets Market: By Application Type Power Generation Oil & gas Chemical Processing Primary Metals Transportation Others High Temperature Gaskets Market: Regional Analysis

4. North America oU.S. oCanada Europe oGermany oU.K. oFrance oSpain oItaly oRest of Europe Latin America oBrazil oMexico oRest of Latin America Asia Pacific oChina oIndia oJapan oASEAN oRest of Asia Pacific Middle East & Africa (MEA) oGCC oSouth Africa oRest of Middle East & Africa Purchase A Report- https://www.transparencymarketresearch.com/checkout.php?rep_id=37541&lt ype=S About Us Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med- devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement. US Office Contact

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