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U.S. Gasket, Packing, And Sealing Device Market. Analysis And Forecast to 2025

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Article Publishing Date: May 31, 2016

Gasket Market - U.S. Gasket, Packing, and Sealing Device Market Shows Balanced Trade with a Substantial Annual Growth

The U.S. is the leading global importer on the gasket market, with a 12% share of total imports. It was followed by Germany (9%), China (7%), and Mexico (6%). In 2015, U.S. gasket, packing, and sealing device imports totaled 9,503 million USD, which was 287 million USD (+3%) higher than the previous year's value.

U.S. gasket, packing, and sealing device imports showed mixed dynamics from 2007 to 2015. A slight decline in 2009 switched to steady growth over the next six years. There was an annual increase of +5.0% throughout the analysed period. In 2010, U.S. gasket, packing, and sealing device imports surpassed the pre-recession level of 2008 and continued stable growth.

Despite fierce competition, the U.S. continues to be one of the most attractive destinations for overseas suppliers.

In 2015, China (2.9 billion USD), Mexico (1.6 billion USD), and Canada (931 million USD) were the main suppliers of gaskets, packing, and sealing devices to the U.S., together accounting for 57.9% of U.S. imports. China and Mexico strengthened their positions in the U.S. import structure from 2007 to 2015, while Canada saw its share reduced.

Mexico (+8.8% per year) and China (+7.0% per year) had the highest growth rates of imports between 2007 and 2015. Japan and Germany followed, expanding imports with average annual rates of +3.6% and +5.1%, respectively. Among this group of leaders, only Canada displayed negative dynamics, with imports dropping by -2.8% over the last seven years.

The foreign trade balance of the U.S. gasket, packing, and sealing device market approached zero. However, net U.S. imports of gaskets, packing, and sealing devices have shown a downward trend since 2013. In 2015, this industry's trade deficit decreased to 26.5 million USD, standing at approximately 0.3% of gross imports. The annual growth rates of imports and exports were approximately equal over the period under review.

Do you want to know more about the U.S. gasket market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • gasket market share
  • gasket prices
  • gasket industry
  • gasket sales
  • gasket market forecast
  • gasket price forecast
  • key gasket producers

Source: IndexBox AI Platform

Product coverage:

Packing, compression type; Gaskets and gasketing, nonmetallic; Packing and seals, molded; Gaskets and seals, metallic and machined; Seals, axial, mechanical face, including parts; Seals, rotary oil; Gasket, packing, and sealing device manufacturing, nsk, total


The report provides on a comprehensive study of the U.S. gasket market. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the largest players in the industry.


Countries coverage: the U.S.


Companies mentioned:

Enpro Industries,

Tweed Greene & Co,

Wika Instrument,

Garlock Sealing Technologies,

John Crane,

Forest City Technologies,

Ilpea Industries,

Acushnet Rubber Company,

L & L Products,

Utex Industries,

Flowserve Fsd Corporation,

Unique Fabricating Incorporated,

A. W. Chesterton Company,

Interface Performance Materials,

Lamons Gasket Company,

Schlegel Systems,

Amesbury Group,

CDI Energy Products,

The Flexitallic Group,

Hutchinson Seal Corporation,

Ghx Industrial,

Coltec Industries,

Fgi Acquisition Corp.,

Federal-Mogul Powertrain,

Henniges Automotive Sealing Systems North America,

Perkinelmer Holdings,

Zephyros,

Chestnut Holdings,

Zd USA Holdings,

Technetics Group


Data coverage:

• Gasket market size;

• Gasket production, value of shipments;

• Key market players and their profiles;

• Exports, imports and trade balance;

• Import and export prices;

• Forecast of the market dynamics in the medium term;

• Key industry statistics;

• Life cycle of the gasket industry;

• Number of establishments and their locations;

• Employment data;

• Gasket industry productivity.


Reasons to buy this report:

• Take advantage of the latest data;

• Find deeper insights into current market developments;

• Discover vital success factors affecting the market.


This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.


In this report, you can find information that helps you to make informed decisions on the following issues


1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. How to prepare your business for global expansion


While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

This Chapter is Available Only for the Professional Edition PRO
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for the Professional Edition PRO
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2013–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2013–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2013–2018
Table 3:
Market Value, 2013–2018
Table 4:
Per Capita Consumption In 2013-2018
Table 5:
Imports, In Physical Terms, By Country, 2013–2018
Table 6:
Imports, In Value Terms, By Country, 2013–2018
Table 7:
Import Prices, By Country Of Origin, 2013–2018
Table 8:
Exports, In Physical Terms, By Country, 2013–2018
Table 9:
Exports, In Value Terms, By Country, 2013–2018
Table 10:
Export Prices, By Country Of Destination, 2013–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2013–2018
Figure 2:
Market Value, 2013–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2013-2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2013-2018
Figure 5:
Trade Balance, In Physical Terms, 2013-2018
Figure 6:
Trade Balance, In Value Terms, 2013-2018
Figure 7:
Per Capita Consumption, 2013-2018
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2013–2018
Figure 21:
Production, In Value Terms, 2013–2018
Figure 22:
Imports, In Physical Terms, 2013–2018
Figure 23:
Imports, In Value Terms, 2013–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2013–2018
Figure 26:
Imports, In Value Terms, By Country, 2013–2018
Figure 27:
Import Prices, By Country Of Origin, 2013–2018
Figure 28:
Exports, In Physical Terms, 2013–2018
Figure 29:
Exports, In Value Terms, 2013–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2013–2018
Figure 32:
Exports, In Value Terms, By Country, 2013–2018
Figure 33:
Export Prices, By Country Of Destination, 2013–2018
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