Compression packing which is also called braided packing or rope packing. Braided packing is a rope like material which is cut into rings that wrap around the rod. Once installed the compression force generated by tightening of the gland produces radial pressure. Since braided packing expands radially when compressed, the gland tolerances can be more flexible than when using vee packing.
Braided packing is usually produced in a square or rectangular cross section and is braided from a range of different materials. Not only can compression packing vary by the material it is braided from, but the way in which it is braided can also vary.
Due to the wide range of braided packing application, such as in chemical, petroleum, food and sugar, pulp, paper and power industries, etc., the market size of braided packing will not shrink. From the view of application market, Pump packing and valve packing are the most active and potential fields.
n the price of products, customers still willing to pay more money to achieve products or service with higher quality. Therefore, it will become harder and harder for a new company which doesn’t have its own core technology and R&D team to survive in this Technology-intensive battle.
According to this study, over the next five years the Braided Packing market will register a 2.5% CAGR in terms of revenue, the global market size will reach US$ 5110 million by 2024, from US$ 4510 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Braided Packing business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Braided Packing market by product type, application, key manufacturers and key regions and countries.
This study considers the Braided Packing value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Square Braided
Braid Over Braid
Braid Over Core
Interbraid
Die Form
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Pump Packing Applications
Valve Packing Applications
Other Mechanical Sealing Applications
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Lamons
BURGMANN INDUSTRIES
Slade Inc.
Carrara
WL GORE&ASSOCIATES
JM
DONIT TESNIT
American Braiding & Manufacturing
Flexitallic
Garlock
Utex Industries
Nippon pillar
James Walker
Kempchen Dichtungstechnik
LATTY INTERNATIONAL
John Crane
SPECO
Teadit
Palmetto Packings
Klinger
Chesterton
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Braided Packing consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Braided Packing market by identifying its various subsegments.
Focuses on the key global Braided Packing manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Braided Packing with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Braided Packing submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Braided Packing . Industry analysis & Market Report on Braided Packing is a syndicated market report, published as Global Braided Packing Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Braided Packing market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.