Regionally, North America is the largest consumption area of flange gasket sheet, also the leader in the whole flange gasket sheet industry.
Second, the sales of flange gasket sheet increases from 85 Million Units in 2012 to 96 Million Units in 2017, with an average growth rate of 3%. And it is forecasted that the global consumption volume of flange gasket sheet will reach as high as 119 Million Units by the end of 2022, which will bring revenue about 600 Million USD.
Third, North America occupied 27.35% of the sales market in 2017. It is followed by China and Europe, which respectively have around 22.65% and 21.69% of the global total industry. Other countries have relatively small amount of sales.
Fourth, for price trend analysis, a key variable in the performance of flange gasket sheet producers is raw material costs, specifically the speed at which any increase can be passed through to customers.
Fifth, for forecast, the global flange gasket sheet revenue would keep increasing with annual growth rate with 2~3%. We tend to believe that this industry still has a bright future, considering the current demand from downstream industry. As for product prices, the slow downward trend in recent years will continue in the next few years, as competition intensifies. Similarly, there will be fluctuations in gross margin.
The Global Flange Gasket Sheet Market 2017 Industry Research Report report released by QYResearch provides a basic overview of the Flange Gasket Sheet industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.
The report then focuses on major industry players in United States, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Flange Gasket Sheet industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.
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