Refrigerated trailer gaskets are used in refrigerated trailers to prevent the
leakage of cold air from the trailer. These are installed at the
periphery of trailer body doors and vents. A new research report by
Persistence Market Research titled explores every aspect of the global refrigerated trailer gaskets market and presents a comprehensive report on the market scenario.
The report shows that the sale of refrigerated trailer gaskets is highly
correlated with the production and demand for refrigerated trailers and
dynamics within the cold chain industry. High demand for frozen foods
and perishable goods is driving the growth of refrigerated trailers and
hence trailer gaskets. The global refrigerated trailer gaskets market is
expected to reach a market value of over US$ 30 Mn by the end of 2025.
The market is expected to witness a CAGR of 3.9% by the end of forecast
period 2025. This growth has encouraged global trade agencies,
associations and organizations focusing on investing in the development
of supporting infrastructure for cold chain networks and increased skill
level of the workforce, thereby promoting international trade for food
and beverages, which in turn would create lucrative growth opportunities
for players to leverage upon in the global refrigerated trailer gaskets
market.
Global Refrigerated Trailer Gaskets Market: Segmental Highlights
- Among the various material types that are used to make refrigerated trailer gaskets, EPDM is expected to
dominate the global market with growth at a CAGR of 6.5% during the
forecast period and the EPDM market expected to reach a valuation of
over US$ 20.8 Mn by the end of 2025. - On the basis of design, standard design is expected to lead the market with a higher CAGR and market
revenue as compared to custom design during the forecast period. The
standard design market registered a valuation of over US$ 12 Mn in 2017,
which is forecasted to reach over US$ 20 Mn by the end of 2025. - In terms of configuration, the straight system segment is expected to dominate with a high CAGR
and market share during the forecast period. The market analysis
indicates that the straight system segment is projected to register a
CAGR of 5.4% during the forecast period. - Among application areas of refrigerated trailer gaskets i.e, doors and vents, the doors segment
comes up as a clear winner with a higher CAGR and estimated market
valuation as compared to vents. The doors segment is expected to witness
a CAGR of 5.1% whereas vents is projected to witness 3.9% CAGR during
the forecast period. - Based on region, North America is anticipated to witness a higher market share as
compared to other regional markets, whereas Europe is projected to
remain dominant with a higher growth rate during the forecast period.
Global Refrigerated Trailer Gaskets Market: Competitive Landscape
This research report consists of a brief profile of all the major players in
the industry, along with a detailed SWOT analysis. Some of the top
companies featured in this report include Conta Flexible Products, Great
Dane, Mantaline Corporation, TODCO, Hebei Shida Seal Group Co., Ltd.,
Stoughton Trailers, LLC, Advanced Plastic Corp, ABCRUBBER INC., Lokhen
Pty. Ltd., Fermod Ltd., and Eaget Group Co., Ltd.
Detailed Market SegmentationBased on Material Type
- EPDM
- PVC
- Neoprene
- TPE/TPV
- SiliconeBased on Configuration
- Straight System
- Angled SystemBased on Design
- Standard
- CustomBased on Area of Application
- Doors
- Swing Doors
- Roll Up Doors
- Side Doors
- VentsBased on Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
