The market for industrial seals - Italy

An industrial seal is a type of seal that has two functions: it prevents a fluid (liquid or gas) from escaping from a container and it prevents foreign objects from entering a device. Gaskets are used to ensure the sealing of mechanical connectors so that fluids can be transported. They are commonly found in pipe systems, pumps and turbines. Their importance is in permanent and movable connections that enable the proper operation and safety of a large number of machines and equipment. Consequently, industrial processes require high-precision mechanisms and specialized knowledge, requiring a high level of technical expertise in the field. There are gaskets that are ideal for high temperatures, so gaskets that are more or less resistant to weathering or mineral grease and so on can be distinguished. There are gaskets available on the market composed of various materials that give rise to as many distinct components, ranging from rubber, silicone, or metal gaskets, which are probably the most common, to insulating board gaskets, which are perhaps less well known but just as effective. The world market for industrial gaskets is expected to grow at a CAGR of 5.2 percent, from $9.0 billion in 2020 to $11.6 billion by 2025. In Italy there are about 250 companies specializing in the design and production of industrial gaskets, and most of them are small and medium-sized enterprises. Italy places great emphasis on high quality and precision manufacturing, experimenting with new and more sustainable materials such as natural rubber. After China, Italy is the world's second largest exporter of industrial valves and gaskets. The production of industrial gaskets is a specialty particularly of Lombardy. The expansion of the market will be helped by the increase in automobile production. Also, throughout the forecast period, the market will be driven by stricter emission regulations.