Report U.S. Gasket, Packing, and Sealing Device Market. Analysis and Forecast to 2025 for 499$
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U.S. Gasket, Packing, and Sealing Device Market. Analysis and Forecast to 2025
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U.S.: Market for Gasket, Packing, And Sealing Device 2022

Market Size for Gasket, Packing, And Sealing Device in the U.S.

The U.S. market for gasket, packing, and sealing device declined to $X in 2021, with a decrease of -X% against the previous year. Overall, consumption continues to indicate a notable increase. Over the period under review, the market attained the peak level at $X in 2020, and then contracted in the following year.

Production of Gasket, Packing, And Sealing Device in the U.S.

In value terms, gasket, packing, and sealing device production expanded slightly to $X in 2021. Over the period under review, production saw tangible growth. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. Gasket, packing, and sealing device production peaked in 2021 and is likely to see gradual growth in the near future.

Exports of Gasket, Packing, And Sealing Device

Exports from the U.S.

In 2021, overseas shipments of gasket, packing, and sealing device decreased by -X% to X tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, gasket, packing, and sealing device exports shrank rapidly to $X in 2021. Overall, exports saw a perceptible reduction. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Canada (X tons) was the main destination for gasket, packing, and sealing device exports from the United States, accounting for a X% share of total exports. Moreover, gasket, packing, and sealing device exports to Canada exceeded the volume sent to the second major destination, China (X tons), fourfold. The third position in this ranking was held by Mexico (X tons), with a X% share.

From 2013 to 2021, the average annual rate of growth in terms of volume to Canada totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-X% per year) and Mexico (-X% per year).

In value terms, the largest markets for gasket, packing, and sealing device exported from the United States were Mexico ($X), Canada ($X) and China ($X), together comprising X% of total exports. Australia, Germany, Brazil, the UK, South Korea, the United Arab Emirates, Japan, Taiwan (Chinese), India and France lagged somewhat behind, together accounting for a further X the main countries of destination, India, with a CAGR of +X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average export price for gasket, packing, and sealing device stood at $X per ton in 2021, increasing by X% against the previous year. In general, the export price saw a resilient expansion. The most prominent rate of growth was recorded in 2017 an increase of X%. The export price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Mexico ($X per ton), while the average price for exports to Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Gasket, Packing, And Sealing Device

Imports into the U.S.

In 2021, supplies from abroad of gasket, packing, and sealing device decreased by -X% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, imports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2019 when imports increased by X%. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, gasket, packing, and sealing device imports declined sharply to $X in 2021. Overall, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), Germany (X tons) and Japan (X tons) were the main suppliers of gasket, packing, and sealing device imports to the United States, together accounting for X% of total imports. India, Costa Rica, Taiwan (Chinese), Italy, Canada, Mexico, Vietnam, the UK, Austria and South Korea lagged somewhat behind, together accounting for a further X 2013 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest gasket, packing, and sealing device suppliers to the United States were Mexico ($X), Japan ($X) and China ($X), together comprising X% of total imports. Taiwan (Chinese), Germany, the UK, Italy, Canada, Vietnam, India, Costa Rica, South Korea and Austria lagged somewhat behind, together accounting for a further X terms of the main suppliers, Vietnam, with a CAGR of +X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for gasket, packing, and sealing device amounted to $X per ton, reducing by -X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the leading suppliers of gasket, packing, and sealing device to the U.S.?
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In value terms, the largest gasket, packing, and sealing device suppliers to the United States were Mexico, Japan and China, with a combined 43% share of total imports. These countries were followed by Taiwan Chinese), Germany, the UK, Italy, Canada, Vietnam, India, Costa Rica, South Korea and Austria, which together accounted for a further 41%.
What are the leading importers of gasket, packing, and sealing device from the U.S.?
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In value terms, the largest markets for gasket, packing, and sealing device exported from the United States were Mexico, Canada and China, together comprising 54% of total exports. Australia, Germany, Brazil, the UK, South Korea, the United Arab Emirates, Japan, Taiwan Chinese), India and France lagged somewhat behind, together accounting for a further 21%.
What is the average export price for gasket, packing, and sealing device in the U.S.?
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In 2021, the average export price for gasket, packing, and sealing device amounted to $37,592 per ton, jumping by 32% against the previous year.
What is the average import price for gasket, packing, and sealing device in the U.S.?
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The average import price for gasket, packing, and sealing device stood at $12,867 per ton in 2021, reducing by -12.2% against the previous year.

This report provides an in-depth analysis of the market for gasket, packing, and sealing device in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• NAICS 339991 - Gasket, packing, and sealing device manufacturing
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

Country coverage:
• United States

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

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

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 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

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

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

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 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
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

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
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, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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