Gaskets manufactured from high temperature materials are designed for applications involving, exhaust, combustible fluids, flame, and elevated temperatures. High temperature materials such as graphite, fluorosilicone, polytetrafluoroethylene, and fiberglass provide high reliability seals at high temperatures where traditional gasket materials are ineffective. These materials are used in gaskets for handling temperatures from 350°F to 2300°F.
High temperature gasket materials are utilized in chemical & petrochemical refineries, industrial fluid sealing, steam service, thermal, electronic & electrochemical applications, medical & food production, industrial processes, foundries, heat exchangers, and others. Such wide variety of applications of high temperature gasket materials is driving growth of the global of high temperature gasket materials market.
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Market Dynamics
Among material type, graphite material segment held dominant position in the high temperature gasket materials market in 2017. This is owing to extensive use of graphite in petrochemical refineries, industrial fluid sealing, electronic & electrochemical, and steam service.
Among region, Asia Pacific accounted for the largest market share in 2017 due to significant demand for high temperature gasket materials from countries such as China, India, South Korea, and Japan. Moreover, growth in various industries such as automotive, electrical, and chemical is also major factor contributing to high demand for these materials in Asia Pacific. According to the India Brand Equity Foundation (IBEF), Government of India, electronics market in India is expected to grow from US$ 69.6 billion in 2012 to US$ 400 billion in 2022.
Key features of the study:
- This report provides in-depth analysis of high temperature gasket materials and provides market size (US$ Billion) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2018 – 2025), considering 2017 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
- It profiles leading players in the global high temperature gasket materials market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies and future plans
- Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion and marketing tactics
- The global high temperature gasket materials market report caters to various stakeholders in this industry including investors, suppliers, high temperature gasket materials manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the high temperature gasket materials market
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Detailed Segmentation:
- Fluorosilicone
- Silicone
- Graphite
- Fiberglass
- Mica
- Teflon
- Stainless Steel & Alloy
- UHT Liquid Gasket Materials
- Nitrile Rubber
- Thermiculite
- Others
Global High Temperature Gasket Materials Market, By Material Type:
Major players operating in the global high temperature gasket materials market include, Auburn Manufacturing, Inc., TEADIT International Produktions GmbH, Flexitallic Group, Inc., Atlantic Gasket Corporation, San Diego Seal, Inc., Garlock Sealing Technologies, Spetech Sp. z o.o. Uszczelnienia Techniczne – Przemys?owe, 3M Company, Advanced Sealing Inc., Hoosier Gasket Corporation, British Gasket Limited, Klinger Limited and Permatex, Inc.
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