Cured-in-place Gaskets Market Share, Size and Forecast Report, 2022 to 2030

Cured-in-place Gaskets Market Share, Size and Forecast Report, 2022 to 2030

Cured-in-place Gaskets Market Share, Size and Forecast Report, 2022 to 2030

Chemical & Industrial Material

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Reports and Insights

248

September 2022

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Cured-in-place Gaskets Market Overview

The report is titled as ‘Cured-in-place Gaskets Market: Opportunity Analysis and Future Assessment 2022-2030’. An overview of conceptual frameworks, analytical approaches of the Cured-in-place Gaskets market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market.

Cured-in-place Gaskets Overview

A typical gasket, also commonly known as a washer or O-ring, closures the space between two surfaces. In the majority of cases, these components are conventionally composed of rubber and are available in a range of shapes and sizes based on their purpose. The cured-in-place gaskets can be understood as liquid gaskets that enable the opening and closing of lids and rectify the element inside. In contempt of opening and closing the lids, cured-in-place gasket materials uphold attributes of gaskets. A liquid gasket is used onto a base sheet to offer 100 percent contact among mating metal, plastic, or wood surfaces. The gasket offers a sealing that avoids leakage, keeps away moisture and dust, diminishes vibration and safeguards against electromagnetic intervention.

Cured-in-place (CIP) gasket technology is a self-regulating application approach. It is swifter as a process as well as economical in comparison to molded rubber gaskets or hand assembling cuts. Dissimilar to the case with traditional gasketing, the tier two and three suppliers can handle the liquid gasketing. This largely facilitates production and brings value to manufacturing efficiently. In addition, the cured-in-place gasket versions are generally more precisely formed and shaped to the part unlike traditional gaskets. Regardless of their size and shape, the cured-in-place gaskets all are developed from the same container of silicone formulation.

Numerous beneficial properties of cured-in-place gaskets is boosting its demand

Manufacturers, across the world, are expeditiously seeking more economical and efficient alternatives since the assembly processes are turning out to be extremely costly. For such reasons, several manufacturers have swapped molded solid or die-cut gaskets with cure-in-place (CIP) and form-in-place (FIP) liquid gaskets.

The cured-in-place gaskets, specifically, are designed in a more precise manner and can be molded according to the component, regardless of its size and shape. In addition to that, cured-in-place materials are generally dispensed through automated techniques, allowing smooth process alterations throughout the production. Also, the components fastened with cured-in-place gaskets are simple to service and cure swiftly on the component. Such beneficial properties of cured-in-place gaskets aids them in gaining huge momentum across the markets, ultimately projected to drive the market growth in the forthcoming years. 

Alongside, the key players are also bringing their new advanced and innovative ideas to the table and rapidly introducing novel products in the market, as a result strengthening their market footprint as well as accelerating the adoption of cured-in-place gaskets worldwide. Henkel AG, for instance, recently launched Loctite AA 5885, a new one-component polyacrylate cured in place gasketing product developed to safeguard sensitive electrical components. Attributing to such factors, the global cured-in-place gaskets market is projected to witness significant growth over the years.

Regional Market Outlook

In terms of geography, the cured-in-place gaskets market can be divided into six regions – North America, Latin America, Europe, Asia Pacific, Middle-East, and Africa. North America is, at present, dominating the cured-in-place market as it holds the biggest share of the market. Asia Pacific is projected to witness strong growth in the cured-in-place gasket market over the following years, as numerous end use industries are observing rapid growth which is estimated to boost the demand of gaskets at a swift pace.

Cured-in-place Gaskets Market Segmentation

The cured-in-place gaskets market is segmented on the basis of curing type, application, end use industry and region.

By Curing Type

Room​​ Temperature Vulcanization (RTV)

Heat Cure

UV Cure

By Application

Automotive Door Handles

Electrical Enclosures

Critical Electronic Assemblies

Others

By End Use Industry

Aerospace

Consumer electronics

Automotive

Others

By Region

North America

Latin America

Europe

Asia Pacific

Middle East

Africa

Cured-in-place Gaskets Market Key Players

Some of the key participating players in cured-in-place gaskets market are:

H.B. Fuller

Dymax Corporation

3M Co.

Wacker Chemie AG

ThreeBond Group

Shin-Etsu Chemical Co. Ltd.

Novagard Solutions

Taica Corporation

The Dow Chemical Company

Among Others (On Demand)

Factors that are benchmarked while estimating the market

Various factors that are benchmarked while estimating the market growth includes (but not restricted to):

New product developments and launches

Top Companies Historical Growth Rate

Pricing Impact

Impact of Regulations

Advantages of Cured-in-place Gaskets

Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to make informed decisions.

A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment where one/two manufacturer(s) dominate the market, its product sales, previous growth rates and market expansion plans are considered to generate market share in the market.

Frequently Asked Question

What is the projected market size & Compound Annual Growth Rate (CAGR) of the cured-in-place gaskets market?

The cured-in-place gaskets market is estimated to reach at a value of US$ *** Mn by the end of 2022 and expected to reach at a value of US$ *** Mn by 2030 with a significant CAGR of ***%.

Which base year is used in the cured-in-place gaskets market report?

The base year for the report is 2021 in cured-in-place gaskets market.

What segments are covered in cured-in-place gaskets market report?

The cured-in-place gaskets market is segmented on the basis of curing type, application, end use industry and region.

What are the key participating players in the cured-in-place gaskets market?

Some of the key participating players in cured-in-place gaskets market are: H.B. Fuller, Dymax Corporation, 3M Co., Wacker Chemie AG, ThreeBond Group, Shin-Etsu Chemical Co. Ltd., Novagard Solutions, Taica Corporation, The Dow Chemical Company.