COVID-19 Economic Impact Report: Gaskets & Seals

The US gaskets and seals industry is facing a number of challenges as it deals with the impact of the COVID-19 pandemic. How has the macroeconomic environment changed and what does it mean for the US gaskets and seals industry going forward?

COVID-19 Economic Impact Report: Gaskets & Seals looks at how the expected impact of the pandemic on the current macroeconomic environment in the US compares to other major events since 2000, including the bursting of technology bubble and 9/11 terrorist attack, and the 2007-2009 Great Recession. It also provides a historical view of industry sales since 2000, a look at how the industry is being currently impacted, and estimates for industry sales through 2024.

Products considered are:

• gaskets, which are segmented into metallic and nonmetallic types (including elastomeric, fiber-based, plastic-based, expanded graphite, cork – which encompasses cork/rubber composite materials for the purposes of this study – leather, mica, and ceramics)
• molded seals and packings, including O-rings, flexible seals, diaphragm seals, and other molded seals and packings
• body seals, including those used in motor vehicles, machinery, and aerospace and other transportation equipment
• shaft seals, including rotary oil seals and mechanical seals
• compression packings

Gaskets and seals are primarily used as components of durable equipment. The market segments in the study are:

• motor vehicles
• machinery
• electrical and electronic equipment
• aerospace equipment marine and rail equipment
• other markets, including domestic hot water boilers; heat exchangers; plumbing fixtures and fittings; sprinkler systems; steam condensers; transportation equipment such as ATVs, golf carts, motorcycles, tanks and travel trailers; and windows and doors