Refrigerated Trailer Gaskets Market on Track to US$ 30 Mn by 2025
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 ‘Refrigerated Trailer Gaskets Market: Global
Industry Analysis 2012-2016 and Forecast 2017-2025’ 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% during the
forecast period 2017-2025. 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.
Refrigerated Trailer
Gaskets Market Research Report Overview @
https://www.persistencemarketresearch.com/market-research/refrigerated-trailer-gaskets-market.asp
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.
Request Sample
Report@ https://www.persistencemarketresearch.com/samples/21718
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.
Comments
Post a Comment