- The key vendors in the gasket and seal market in the US 2015-2019 are Dana Holdings Corp., Flowserve Corp., Freudenberg Sealing Technologies GmbH and Parker Hannifin Corp.
London, 08 July 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the gasket and seal market in the US 2015-2019. Adherence to emission norms is one of the key trends being witnessed in the market. Process industries such as the oil and gas, water and wastewater, chemical, and pharmaceutical industries have to comply with these stringent regulations to reduce pollution and ensure environment sustainability. The gasket and seal market in the US 2015-2019 is estimated to grow at a CAGR of 4.83% during the period of 2014-2019.
“End-users across various industries such as automotive, electrical and electronics, manufacturing, and petrochemical are focusing on improving the overall performance of engineering equipment to minimize operational and maintenance overheads,” says Faisal Ghaus, Vice President of Technavio Research.
“Quality gaskets and seals reduce downtime and improve the performance of equipment. They protect the equipment from foreign particles and toxic gases by providing a perfect fit to two mating surfaces.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
