NEW YORK, Sept. 13, 2021 /PRNewswire/ -- According to Technavio, incremental growth of USD 18.36 billion is expected in the gasket and seals market during 2021-2025. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the gasket and seals market in optimistic, probable, and pessimistic forecast scenarios.
The rise in adoption of seals and gaskets by the automotive industry, increasing need to improve the efficiency of engineered equipment and the surging growth in aftermarket sales will offer immense growth opportunities.
Gasket and Seals Market 2021-2025: Segmentation
Gasket and Seals Market is segmented as below:
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Gasket and Seals Market 2021-2025: Vendor Analysis and Scope
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AB SKF, Aesseal Plc, Boyd Corp., Dana Inc., ElringKlinger AG, Flowserve Corp., Freudenberg FST GmbH, Smiths Group Plc, Tenneco Inc., and Trelleborg AB are some of the major market participants. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. However, factors such as fluctuation in raw material prices may threaten the growth of the market. Backed with competitive intelligence and benchmarking, our research reports on the gasket and seals market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
Technavio's in-depth market research reports now include a thorough analysis of the COVID-19 impact on various markets to help industry leaders navigate their business through the new normal.
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Gasket and Seals Market 2021-2025: Key Highlights
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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Website: www.technavio.com/
Report: https://www.technavio.com/report/gasket-and-seals-market-industry-analysis
SOURCE Technavio
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