Gaskets and Seals

Global gasket and seal demand will grow 5.5 percent annually through 2009 based on production gains for gasket- and seal-using products such as motor vehicles in most parts of the world. India and China will present the best prospects, followed by Eastern Europe, Latin America and the Africa/Mid East region. This is the prediction of a Fredonia study World Gaskets & Seals to 2009 ($5100 published Aug 2005).

This study analyzes the $30 billion world gasket and seal industry. It presents historical demand data (1994, 1999 and 2004) and forecasts to 2009 and 2014 by market (e.g., motor vehicles, industrial machinery, electrical and electronic equipment); by source (OEM, MRO); by product (gaskets, seals); by world geographic region (e.g., North America, Asia/Pacific, Western Europe); and for 31 major countries.

The study also considers market environment trends and indicators, details industry structure and producer market share, and profiles 39 leading competitors including Freudenberg, SKF, Federal-Mogul, and Cooper.

A Study by CSFB on Flow control with quotes from the McIlvaine Company placed the mechanical seal market at $2.36 Billion in 2000 and estimated that this represented 17.5% of the global seal market. Mechanical seal sales were estimated in this report for individual suppliers as follows:

For a rough approximation of the mechanical seal market by industry and country insert the $2.36 billion into the year 2002 in the McIlvaine Pump percentages and this will provide forecasts by country and industry through 2009.