U.S. Gaskets And Seals Market Size & Outlook, 2023-2030
U.S. gaskets and seals market, 2018-2030 (US$M)
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U.S. gaskets and seals market highlights
- The U.S. gaskets and seals market generated a revenue of USD 8,803.7 million in 2023 and is expected to reach USD 11,249.1 million by 2030.
- The U.S. market is expected to grow at a CAGR of 3.6% from 2024 to 2030.
- In terms of segment, seals was the largest revenue generating gaskets and seals in 2023.
- Gaskets is the most lucrative gaskets and seals segment registering the fastest growth during the forecast period.
Gaskets and seals market data book summary
| Market revenue in 2023 | USD 8,803.7 million |
| Market revenue in 2030 | USD 11,249.1 million |
| Growth rate | 3.6% (CAGR from 2023 to 2030) |
| Largest segment | Seals |
| Fastest growing segment | Gaskets |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gaskets, Seals |
| Key market players worldwide | SKF AB ADR, Dana Inc, Freudenberg, Flowserve Corp, Smiths Group PLC, Trelleborg AB Class B, ElringKlinger AG, The Cooper Companies Inc, Enpro Inc, Crown Holdings Inc |
Other key industry trends
- In terms of revenue, U.S. accounted for 14.5% of the global gaskets and seals market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. gaskets and seals market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 971.8 million by 2030.
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Gaskets And Seals Market Scope
Gaskets And Seals Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. gaskets and seals market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to gaskets and seals market will help companies and investors design strategic landscapes.
Seals was the largest segment with a revenue share of 61.1% in 2023. Horizon Databook has segmented the U.S. gaskets and seals market based on gaskets, seals covering the revenue growth of each sub-segment from 2018 to 2030.
In addition, rising use of high-value and better-performing gaskets and seals in OEM installations is expected to boost the market growth. The U.S. EPA has developed and enforced regulations to protect the environment. Process industries including oil & gas, chemical, wastewater, and pharmaceutical must comply with the norms to reduce environmental pollution. The aforementioned industries use gaskets and seals to avoid leakage of air, steam, oil, and other fluids through boilers, pipes, and other equipment.
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Target buyers of U.S. gaskets and seals market databook
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Our clientele includes a mix of gaskets and seals market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. gaskets and seals market , including forecasts for subscribers. This country databook contains high-level insights into U.S. gaskets and seals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. gaskets and seals market size, by gaskets and seals, 2018-2030 (US$M)
U.S. Gaskets And Seals Market Outlook Share, 2023 & 2030 (US$M)
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