LONDON--(BUSINESS WIRE)--Sep 6, 2018--According to the latest market research report released by Technavio, the global gasket and seals market is expected to accelerate at a CAGR of almost 5% during the forecast period. The rise in adoption of seals and gaskets by the automotive industry is one of the key factors triggering the growth of the market.

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Technavio has published a new market research report on the global gasket and seals market from 2018-2022. (Graphic: Business Wire)

This research report titled ‘ ’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.

This report is available at a USD 1,000 discount for a limited time only:

The market research analysis categorizes the global gasket and seals market into the following end-users:

Automotive Industrial machinery Electrical and electronics

In 2017, the automotive segment accounted for 48.78% of the global market and is projected to reach 49.23% by 2022, exhibiting almost 0.45% increase in market share.

Global gasket and seals market: Top emerging trend

The introduction of 3D printing for manufacturing of gaskets and seals is an emerging trend in the market. The rising complexity related to the designing and manufacturing of gaskets and seals has created a need for innovation in the manufacturing process of gaskets and seals. Several players in the industry are responding to this need by producing gaskets and seals using 3D printing technology.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

Technavio’s report provides expert market research on the following topics:

Executive Report

Market Outline Global Gasket and Seals Market Overview

Market Insights

Market Sizing and Forecasts Market Growth Market Drivers and Challenges Key Emerging Trends

Market Segmentation Analysis

Regional comparison (APAC, Americas, and EMEA) Key leading countries Market segmentation by end-users (automotive, industrial machinery, and electrical and electronics)

Vendor Landscape

Vendor classification Market positioning of vendors Competitive scenario Analysis of top vendors (Dana, ElringKlinger , Federal-Mogul, Flowserve, SKF, and Trelleborg)

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE: Technavio Research

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PUB: 09/06/2018 09:57 AM/DISC: 09/06/2018 09:57 AM