Get Full Report on Gaskets and Seals Is Expected to Expand 3.8% Annually Through 2018

Bharat Book Bureau presents the new report, on “Gaskets and Seals”. The US market for gaskets and seals is expected to expand 3.8 percent annually through 2018 to $10.6 billion, growing roughly in line with industry demand between 2008 and 2013.

US demand to rise 3.8% annually through 2018

The US market for gaskets and seals is expected to expand 3.8 percent annually through 2018 to $10.6 billion, growing roughly in line with industry demand between 2008 and 2013. Gasket and seal manufacturers will benefit from growing motor vehicle output, machinery shipments, and capital spending. Increasing demand for more expensive sealing products made from advanced materials will also support gasket and seal dollar growth. However, greater utilization of better performing, longer lasting products will have a mixed effect as initial value advances will be somewhat offset by decreased aftermarket sales.

Compression packings, molded seals & packings among best opportunities

Compression packings and molded seals and packings will register the most rapid sales advances among sealing categories, while demand for expanded graphite gaskets will grow the fastest among gasketing products. Sales of compression packings and molded seals and packings will be primarily fueled by a favorable outlook for machinery shipments. The improved durability of compression packings and molded seals and packings will further support dollar gains. Rising motor vehicle output and machinery production will spur demand for expanded graphite gaskets, which will continue to replace more traditional gasketing materials in a number of motor vehicle and machinery applications due to their superior chemical and temperature resistance.

Electrical, electronic products to lead market gains

Electrical and electronic products are forecast to post the most rapid gains of any major gasket and seal market through 2018. Higher output of measuring and controlling instruments, as well as an upturn in computer and...