North America Encapsulated Gaskets and Seals Market Forecast to 2030

At 5.8% CAGR, North America Encapsulated Gaskets and Seals Market is Speculated to be Worth US$ 122.19 Million by 2030, says The Research Team

According toThe Research Team’ research, the North America encapsulated gaskets and seals market was valued at US$ 77.74 million in 2022 and is projected to reach US$ 122.19 million by 2030, registering a CAGR of 5.8% from 2022 to 2030. Soaring growth of oil & gas industry and advancements in manufacturing technologies are among the critical factors attributed to drive the North America encapsulated gaskets and seals market growth.

Automated systems enhance efficiency, reduce production time, and minimize errors in application processes. The integration of smart sensors allows real-time monitoring of various parameters during the gasket application process. This includes monitoring material dispensing, production, and quality control, leading to improved product consistency and reliability. Precision manufacturing, machining, and molding technologies for the production of encapsulated gaskets and seals offer tight tolerances and improved dimensional accuracy. Advanced machining, such as Computer Numerical Control (CNC), enables the creation of intricate and complex designs. This precision in manufacturing is essential for producing gaskets with specific shapes and profiles tailored to the requirements of diverse industrial applications.

Nano materials, robotics & automation, and advanced forming are some of the novel manufacturing technologies with a promising scope in the development of encapsulated gaskets and seals market. Precision manufacturing facilities are designed to have quick changeover capabilities, allowing for the rapid transition between gasket specifications. Integrating technologies such as CNC systems, sensors, and high-precision actuators offers exceptional accuracy and precision. Thus, advancements in manufacturing technologies are expected to expand the potential of the encapsulated gaskets and seals market.

On the contrary, availability of alternative sealing solutions hampers the growth of North America encapsulated gaskets and seals market.

Based on material, the North America encapsulated gaskets and seals market is segmented into silicon, neoprene, Viton, Teflon, and others. The Viton segment held 39.6% market share in 2022, amassing US$ 30.81 million. It is projected to garner US$ 49.49 million by 2030 to register 6.1% CAGR during 2022-2030.

Based on end use, the North America encapsulated gaskets and seals market is segmented into oil and gas, food, pharmaceutical, chemical, automotive, and others. The oil and gas segment held 33.4% market share in 2022, amassing US$ 25.95 million. It is projected to garner US$ 43.02 million by 2030 to register 6.5% CAGR during 2022-2030.

Based on country, the North America encapsulated gaskets and seals market is categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 68.1% share of North America encapsulated gaskets and seals market in 2022. It was assessed at US$ 52.94 million in 2022 and is likely to hit US$ 85.23 million by 2030, registering a CAGR of 6.1% during 2022-2030.

Key players operating in the North America encapsulated gaskets and seals market are AS Aston Seals SPA, Gasco Inc, Marco Rubber & Plastics LLC, MCM SPA, ROW Inc, Seal & Design Inc, Trelleborg AB, VH Polymers, and Vulcan Engineering Ltd, among others.

In January 2023, Seal & Design acquired Chamberlin Rubber Company to offer an expanded selection of high-quality products, services, and solutions to customers across various industries. The partnership will enable consumers to benefit from both companies’ complementary high-quality products and industry-leading management system standards.

In October 2021, Trelleborg Group acquired US-based VB Seals Inc., a company specializing in polymer seal distribution for original equipment manufacturers in industries like agriculture. The acquisition will increase Trelleborg’s presence in the Midwestern US. The acquisition is part of Trelleborg’s strategy to strengthen its positions in attractive market segments, offering enhanced sales and service platforms in the region.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America encapsulated gaskets and seals market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the North America encapsulated gaskets and seals market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth North America market trends and outlook coupled with the factors driving the North America encapsulated gaskets and seals market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 The Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Encapsulated Gaskets and Seals Market Landscape
4.1 Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Threat of New Entrants
4.2.2 Threat of Substitutes
4.2.3 Bargaining Power of Buyers
4.2.4 Bargaining Power of Suppliers
4.2.5 Competitive Rivalry
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 Manufacturers
4.3.3 Distributors or Suppliers
4.3.4 End-use Industry
4.3.5 List of Vendors in the Value Chain
5. North America Encapsulated Gaskets and Seals Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Soaring Growth of Oil & Gas Industry
5.1.2 Increasing Demand from Chemical Industry
5.2 Market Restraints
5.2.1 Availability of Alternative Sealing Solutions
5.3 Market Opportunities
5.3.1 Adoption of Fluorinated Ethylene Propylene Encapsulated Gaskets for Cryogenic Applications
5.4 Future Trends
5.4.1 Advancements in Manufacturing Technologies
5.5 Impact of Drivers and Restraints:
6. Encapsulated Gaskets and Seals Market – North America Analysis
6.1 North America Encapsulated Gaskets and Seals Market Revenue (US$ Million), 2020-2030
6.2 North America Encapsulated Gaskets and Seals Market Forecast Analysis
7. North America Encapsulated Gaskets and Seals Market Analysis – by Material
7.1 Silicon
7.1.1 Overview
7.1.2 Silicon: North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million)
7.2 Neoprene
7.2.1 Overview
7.2.2 Neoprene: North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million)
7.3 Viton
7.3.1 Overview
7.3.2 Viton: North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million)
7.4 Teflon
7.4.1 Overview
7.4.2 Teflon: North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million)
8. North America Encapsulated Gaskets and Seals Market Analysis – by End Use
8.1 Oil and Gas
8.1.1 Overview
8.1.2 Oil and Gas: North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million)
8.2 Food
8.2.1 Overview
8.2.2 Food: North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million)
8.3 Pharmaceutical
8.3.1 Overview
8.3.2 Pharmaceutical: North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million)
8.4 Chemical
8.4.1 Overview
8.4.2 Chemical: North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million)
8.5 Automotive
8.5.1 Overview
8.5.2 Automotive: North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million)
9. North America Encapsulated Gaskets and Seals Market – Country Analysis
9.1 North America
9.1.1 North America Encapsulated Gaskets and Seals Market – Revenue and Forecast Analysis – by Country
9.1.1.1 North America Encapsulated Gaskets and Seals Market – Revenue and Forecast Analysis – by Country
9.1.1.2 US: North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.2.1 US: North America Encapsulated Gaskets and Seals Market Breakdown, by Material
9.1.1.2.2 US: North America Encapsulated Gaskets and Seals Market Breakdown, by End Use
9.1.1.3 Canada: North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.3.1 Canada: North America Encapsulated Gaskets and Seals Market Breakdown, by Material
9.1.1.3.2 Canada: North America Encapsulated Gaskets and Seals Market Breakdown, by End Use
9.1.1.4 Mexico: North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.4.1 Mexico: North America Encapsulated Gaskets and Seals Market Breakdown, by Material
9.1.1.4.2 Mexico: North America Encapsulated Gaskets and Seals Market Breakdown, by End Use
10. Competitive Landscape
10.1 Heat Map Analysis by Key Players
10.2 Company Positioning & Concentration
11. Company Profiles
11.1 Trelleborg AB
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Marco Rubber & Plastics LLC
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Gasco Inc
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 VH Polymers
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 AS Aston Seals SPA
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Seal & Design Inc
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 MCM SPA
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Vulcan Engineering Ltd
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 ROW Inc
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
12. Appendix
12.1 About The Research Team

LIST OF TABLES

Table 1. North America Encapsulated Gaskets and Seals Market Segmentation
Table 2. List of Vendors
Table 3. North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million)
Table 4. North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million) – by Material
Table 5. North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million) – by End Use
Table 6. North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million) – by Country
Table 7. US: North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million) – by Material
Table 8. US: North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million) – by End Use
Table 9. Canada: North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million) – by Material
Table 10. Canada: North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million) – by End Use
Table 11. Mexico: North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million) – by Material
Table 12. Mexico: North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million) – by End Use

LIST OF FIGURES

Figure 1. North America Encapsulated Gaskets and Seals Market Segmentation, by Country
Figure 2. Encapsulated Gaskets and Seals Market – Porter’s Analysis
Figure 3. Ecosystem: Encapsulated Gaskets and Seals Market
Figure 4. North America Encapsulated Gaskets and Seals Market – Key Market Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. North America Encapsulated Gaskets and Seals Market Revenue (US$ Million), 2020-2030
Figure 7. North America Encapsulated Gaskets and Seals Market Share (%) – by Material (2022 and 2030)
Figure 8. Silicon: North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million)
Figure 9. Neoprene: North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million)
Figure 10. Viton: North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million)
Figure 11. Teflon: North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million)
Figure 12. Others: North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. North America Encapsulated Gaskets and Seals Market Share (%) – by End Use (2022 and 2030)
Figure 14. Oil and Gas: North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million)
Figure 15. Food: North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16. Pharmaceutical: North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million)
Figure 17. Chemical: North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million)
Figure 18. Automotive: North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million)
Figure 19. Others: North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million)
Figure 20. North America Encapsulated Gaskets and Seals Market, By Key Country – Revenue (2022) (US$ Million)
Figure 21. North America Encapsulated Gaskets and Seals Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 22. US: North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million)
Figure 23. Canada: North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million)
Figure 24. Mexico: North America Encapsulated Gaskets and Seals Market – Revenue and Forecast to 2030 (US$ Million)
Figure 25. Heat Map Analysis by Key Players
Figure 26. Company Positioning & Concentration