Thursday, 30 August 2018

Latest Development Of Silicone Gasket Market in Global Industry 2018-2025

ResearchMoz presents professional and in-depth study of "Silicone Gasket Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025".

Gasket is a mechanical seal used to fill the empty spaces between two or more meshing surfaces to avoid leakage and wastage of fluids and gas. Gasket also helps in maintaining pressure and avoiding contamination from external environmental conditions.

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Different types of gaskets are specifically designed, depending upon the type of coupling and end-use applications. The choice of material used to manufacture gasket is critical. To perform their function, gasket materials need to be resilient and compressible enough to compensate for irregularities of the mating surfaces. Depending upon the two mating surfaces, these irregularities may be minute or large. The gasket material may need to limit the flow of gas or fluid through these irregularities.

Silicone Gasket Market is the most preferred and widely used material used to manufacture gaskets due to its superior characteristics such as high reliability, better strength, high flexibility, and resistance to high heat and pressure. The low temperature property of a silicone gasket is unparalleled in comparison to any other elastomer. Silicone gasket can remain flexible within the temperature range of -67°F to +400°F. Silicone gasket market offer high temperature mechanical seals with extraordinary resistance to extreme temperature in hot and cold environments. Silicone Gasket Market also possess exceptional UV & ozone properties. Thus, silicone gaskets are suitable for outdoor applications. Being an inert material, silicone does not react to majority of chemicals. Thus, Silicone Gasket Market is suitable in medical and industrial applications. Silicone gaskets provide excellent resistance to chemicals, water, fire, fungal growth, ozone, heat, and aging. Therefore, they are widely preferred across all industry verticals such as food handling, automotive, medical, construction, and industrial.

Custom silicone gasket market are also being made to suit applications such as heat resistance, chemical resistance, and low toxicity. For instance, the low toxicity property exhibited by silicone gasket makes it an ideal choice for usage as food grade gasket material. High cost of silicone gasket fabrication may adversely affect the silicone gasket market; however, there exists a need for soft silicone rubber gasket material owing to the rapid industrialization in emerging economies.

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In terms of end-use, the silicone gasket market can be classified into transportation, chemical, construction, oil & gas, energy, food processing, electrical & electronics, and others. The usage of silicone gasket market is increasing in the food processing industry, as sheet silicone is employed to manufacture various seals and gaskets in the food industry. Silicone elastomer is ideal for gasket application in the food industry, as it possess low toxicity and odor, and is a non-marking material, soft enough to be manipulated into various custom silicone gasket market. It can withstand a wide range of temperatures. The U.S. Food and Drug Administration (FDA) strictly inspects the type of silicone gasket material before it is approved for usage as a food grade gasket material. In addition to food processing industry, silicone gasket market are widely used in the automotive industry for engines, transmissions, and other applications such as sealants for airbags.

Based on type, the silicone gasket market can be segregated into solid silicone, sponge silicone, silicone foam, injection molded silicone gasket, and fluorosilicone gasket. Solid silicone gasket products are manufactured by die cutting or waterjet cutting parts from continuous roll sheet materials or molded sheets. Solid silicone rubber offers a wide hardness range and provides excellent environmental sealing with relatively low closure force; hence, Silicone gasket market widely used in metal or rigid enclosures that require higher closure forces. Solid gaskets are generally used with a suitable bolt pattern to ensure that gaskets are properly and firmly compressed. These are ideal for water sealing and submersion applications, making it perfect for usage in the food processing industry. Solid silicone gaskets are available in a wide variety of gauges and widths. This allows for wide variety of sizes in fabricated parts. Thus, the solid silicone segment held major share of the market in 2016. In terms of revenue, it is expected to continue its dominance during the forecast period.

Based on geography, Silicone Gasket Market can be segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is expected to witness maximum growth during the forecast period owing to the expansion in the industrial sector in the region.

Key players operating in global silicone gasket market include Dana Holding Corporation, Freudenberg Sealing Technologies Gmbh & Co. Kg, Smiths Group PLC,  and Trelleborg AB.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

    Market segments and sub-segments
    Market trends and dynamics
    Supply and demand
    Market size
    Current trends/opportunities/challenges
    Competitive landscape
    Technological breakthroughs
    Value chain and stakeholder analysis

The regional analysis covers:

    North America (U.S. and Canada)
    Latin America (Mexico, Brazil, Peru, Chile, and others)
    Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
    Eastern Europe (Poland and Russia)
    Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
    Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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Highlights of the report:

    A complete backdrop analysis, which includes an assessment of the parent market
    Important changes in market dynamics
    Market segmentation up to the second or third level
    Historical, current, and projected size of the market from the standpoint of both value and volume
    Reporting and evaluation of recent industry developments
    Market shares and strategies of key players
    Emerging niche segments and regional markets
    An objective assessment of the trajectory of the market
    Recommendations to companies for strengthening their foothold in the market

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