APAC Gaskets Market - Industry Trends and Forecast to 2030

Asia-Pacific gaskets market is projected to register a 4.9% CAGR in the forecast period of 2021 to 2030. The new market report contains data for the historic year 2021, the base year of calculation is 2022, and the forecast period is 2023 to 2030.

Market Segmentation
Asia-Pacific Gaskets Market, By Type (Contact Gaskets, and Contactless Gaskets), Industry (Automotive, Marine and Rail, Aerospace, Oil and Gas, Industrial Manufacturing, Electrical, Paper and Pulp Industry, and Others), Country (China, India, Japan, South Korea, Thailand, Singapore, Indonesia, Australia & New Zealand, Philippines, Malaysia and Rest of Asia-Pacific), Industry Trends and Forecast to 2030.
Some of the major factors contributing to the growth of the Asia-Pacific gaskets market:

• In December 2022, Trelleborg announced the debut of its new Turcon Tran-SECURE PTFE manway lid gasket. The new manway lid gasket offers customers an enhanced sealing solution with an improved design featuring Trelleborg’s proprietary, high-performance Turcon PTFE material. This helps the company to increase its production and revenue
• In October 2022, Trelleborg announced the launch of its new line of flat gaskets for chemical transportation, including tank cars, tank trucks, IBC and ISO containers. These flat gaskets provide solutions for a wide range of applications, such as service equipment, valves, pressure plates and loading equipment. This helps the company to gain recognition and increase its production
• In February 2021, Seal & Design will be experts in elastomers for rail applications such as cushioning, vibration management, sound absorption, and Gasketing solutions. All of their specialized Mass Transit materials have been formulated and tested to meet the highest standards associated with the rail industry. With this comes the need for materials that are durable, reliable and deliver exceptional performance. This helps the company to meet the health and safety standards needed to withstand intensive use. The global gaskets market is segmented into three notable segments based on material, product, wrap type, gas, and application

Market Players

Some of the key players operating in the Asia-Pacific gaskets market are:
• Freudenberg FST GmbH
• IDT GmbH
• SSP Manufacturing Inc.
• A.J. Rubber & sponge Ltd
• BRUSS Sealing Systems GmbH
• ElringKlinger AG
• Garlock, an Enpro (NYSE: NPO) Company
• Lamons LGC US Asset Holdings, LLC
• Trelleborg AB
• W. L. Gore & Associates, Inc.
• Seal & Design Inc.
• GE MAO RUBBER INDUSTRIAL CO., LTD.
• HELIX ENGINEERING
• The Topog-E Gasket Co
• OHIO VALLEY GASKET INC.