Gasket for Plate Heat Exchanger Research:CAGR of 4.5% during the forecast period

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report “Gasket for Plate Heat Exchanger- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”. Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2025-2031), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.

The global market for Gasket for Plate Heat Exchanger was estimated to be worth US$ 413 million in 2023 and is forecast to a readjusted size of US$ 509 million by 2030 with a CAGR of 4.5% during the forecast period 2024-2030.

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Gasket for Plate Heat Exchanger Market Summary

A gasket for plate heat exchanger is a sealing component used in gasketed plate heat exchangers to prevent the leakage of fluids between the different components of the heat exchanger. Heat exchangers are devices designed for the efficient transfer of heat from one fluid to another. They are commonly used in various industrial processes, HVAC (Heating, Ventilation, and Air Conditioning) systems, and other applications where heat transfer is essential.

The gasket for plate heat exchanger market has shown a slight downward trend in recent years. With the continuous development of the industrial field, especially the increasing demand for heat exchange equipment in industries such as chemicals, petroleum, and electricity, the gasket for plate heat exchanger market is expanding. It is expected that in the next few years, the market will continue to maintain a growth trend, mainly due to the acceleration of the global industrialization process and the higher requirements for energy efficiency. According to the new market research report “Global Gasket for Plate Heat Exchanger  Market Report 2024-2030”, published by QYResearch, the global Gasket for Plate Heat Exchanger  market size is projected to reach USD 0.51 billion by 2030, at a CAGR of 4.5% during the forecast period.

The European region is an important part of the global gasket for plate heat exchanger market. The chemical, petroleum, and natural gas industries in this region are developed, and the demand for gasket for plate heat exchangers is relatively large. At the same time, the technical level in the European region is relatively high, and the requirements for product quality and performance are also more strict, which has promoted the continuous innovation and development of the local gasket for plate heat exchanger industry. Secondly, the Asia-Pacific region is one of the fastest-growing regions in the global gasket for plate heat exchanger market. With the rapid development of emerging economies such as China and India, the demand for heat exchangers in industries such as chemicals, electricity, and steel is growing rapidly, driving the prosperity of the gasket for plate heat exchanger market. At the same time, the labor cost in the Asia-Pacific region is relatively low, which provides a certain cost advantage for the production of gasket for plate heat exchangers.

The global gasket for plate heat exchanger market is highly competitive with numerous participants. Among them, some internationally renowned enterprises, such as Gislaved Gummi and Group MCD, occupy a large market share with their advanced technology, high-quality products, and good brand reputation. In addition, many small and medium-sized enterprises are also competing in the market. They occupy a place in specific fields or regional markets through flexible business strategies and characteristic products, such as AGC Heat Transfer, PHE Nordic, Renocol, HFM, Varalka PHE, Spetech, etc.

In the gasket for plate heat exchanger market, from the perspective of product classification, Glued Gaskets occupy a dominant position, with a market share of up to 80.93%. This indicates that Glued Gaskets have a wide range of applications and a high degree of recognition in this market. This advantage stems from its unique performance characteristics, such as good adhesive performance, sealing performance, and stability within a certain temperature and pressure range.

From the application perspective, HVAC & Refrigeration and Oil & Gas are the main applications, accounting for 21.81% and 24.61% of the total market respectively. This reflects that heat exchangers play a key role in the exploration, processing, and transportation of oil and gas.

In conclusion, the gasket for plate heat exchanger industry, as an important supporting industry in industrial production, has broad market prospects and development space. With the continuous development of the global industry and technological progress, the demand for gasket for plate heat exchangers will continue to grow.

• Global Gasket for Plate Heat Exchanger MarketSize(US$ Million), 2019-2030

Above data is based on report from QYResearch: Global Gasket for Plate Heat Exchanger Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.

• Global Gasket for Plate Heat Exchanger Top18Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)

Above data is based on report from QYResearch: Global Gasket for Plate Heat Exchanger Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.

According to QYResearch Top Players Research Center, the global key manufacturers of Gasket for Plate Heat Exchanger  include Gislaved Gummi, Group MCD, Hisaka, Siping Meilian Thermal Equipment Manufacturing, Laygo, WCR, VISER, Tranter, Thermovave (Nexson Group), UAB Elastoforce, etc. In 2023, the global top 10 players had a share approximately 68.0% in terms of revenue.

• Gasket for Plate Heat Exchanger,Global Market Size, Split by Product Segment

Based on or includes research from QYResearch: Global Gasket for Plate Heat Exchanger Market Report 2024-2030.

In terms of product type, currently Glued Gaskets is the largest segment, hold a share of 80.0%.

In terms of product application, currently HVAC & Refrigeration is the largest segment, hold a share of 24.5%.

The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The Gasket for Plate Heat Exchanger market is segmented as below:

By Company

    Gislaved Gummi
    Group MCD
    Hisaka
    Siping Meilian Thermal Equipment Manufacturing
    Laygo
    WCR
    VISER
    Tranter
    Thermovave (Nexson Group)
    UAB Elastoforce
    Orobica Plast-Gom
    Cipriani
    AGC Heat Transfer
    PHE Nordic
    Renocol
    HFM
    Varalka PHE
    Spetech

Segment by Type

    Glue Style Gasket
    Clip Style Gasket

Segment by Application

    HVAC & Refrigeration
    Oil & Gas
    Power Generation
    Chemical
    Food & Beverage
    Pharmaceutical
    Others

Each chapter of the report provides detailed information for readers to further understand the Gasket for Plate Heat Exchanger market:

Chapter 1: Introduces the report scope of the Gasket for Plate Heat Exchanger report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2020-2031)

Chapter 2: Detailed analysis of Gasket for Plate Heat Exchanger manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2020-2025)

Chapter 3: Provides the analysis of various Gasket for Plate Heat Exchanger market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2020-2031)

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2020-2031)

Chapter 5:  Sales, revenue of Gasket for Plate Heat Exchanger in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2020-2031)

Chapter 6:  Sales, revenue of Gasket for Plate Heat Exchanger in country level. It provides sigmate data by Type, and by Application for each country/region.(2020-2031)

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2020-2025)

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.

Benefits of purchasing QYResearch report:

Competitive Analysis: QYResearch provides in-depth Gasket for Plate Heat Exchanger competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides Gasket for Plate Heat Exchanger comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides Gasket for Plate Heat Exchanger market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.

Other relevant reports of QYResearch:

Global and United States Gasket for Plate Heat Exchanger Market Report & Forecast 2024-2030
Global Gasket for Plate Heat Exchanger Market Insights, Forecast to 2030
Global Gasket for Plate Heat Exchanger Market Research Report 2024
Global and India Gasket for Plate Heat Exchanger Market Report & Forecast 2024-2030
Gasket for Plate Heat Exchanger - Global Market Insights and Sales Trends 2024

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