Boston, MA -- (SBWIRE) -- 04/29/2016 -- Seals and gaskets play a vital role in any assembly process. These components are widely used to fit two mating surfaces to prevent leakage.

Seals
A seal is used to control leakage of liquids or gases in the automotive, manufacturing, aerospace, electrical and electronics and petrochemical industries. Seals help in reducing problems associated with pollution due to leakage of contaminants, corrosion, and fatigue, which can destroy equipment leading to reduction of efficiency; increase in cost; and product loss.

Gaskets
The gasket is a type of static seal, which is specifically used to provide a barrier between mating surfaces of mechanical assemblies. Gaskets are used to retain internal pressures and prevent liquids, gasses, and contaminants to escape from assemblies. Gaskets need to be resilient enough to conform to cavity irregularities and should remain rigid enough to provide a tight seal between the mating parts. The load of the gasket needs to be distributed evenly over the whole area of the gasket rather than few points with high loads.

Get More Details on this Report and a Full Table of Contents at Global Gasket and Seals Market 2016-2020

Technavio's analysts forecast the global gaskets and seals market to grow at a CAGR of 5.7% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global gaskets and seals market for the period 2016-2020. To calculate the market size, the report considers the demand for seals and gaskets from end-users.

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global Gasket and Seals Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-Boyd Corporation
-Dana Holding Corporation
-ElringKlinger AG
-Federal-Mogul Corporation
-SKF Group

Other prominent vendors

-James Walker
-Flowserve
-Timken
-Henniges Automotive Sealing Systems
-Elring Klinger
-Hutchinson
-Parker Hannifin
-SIEM Supranite
-John Crane
-Lamons

Market driver

-High demand from automotive industry
-For a full, detailed list, view our report

Market challenge

-Design and installation issues
-For a full, detailed list, view our report

Market trend

-Condition monitoring of seals
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Boyd Corporation, Dana Holding Corporation, ElringKlinger AG, Federal-Mogul Corporation, SKF Group, James Walker, Flowserve, Timken, Henniges Automotive Sealing Systems, Elring Klinger, Hutchinson, Parker Hannifin, SIEM Supranite, John Crane, Lamons

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Manufacturing research reports at Fast Market Research

You may also be interested in these related reports:
-Rubber Molding Market for Automotive Components & Sub-Components - Global Trends & Forecast to 2020
-Global Mechanical Seals Market - Industry Analysis 2015-2019
-Gasket and Seal Market in the US 2015-2019
-Global Automotive Seals Market 2015-2019
-Global Automotive Head Gasket Market 2015-2019