The global Braided Packing market was valued at 430.87 Million USD in 2021 and will grow with a CAGR of 2.65% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.

By Market Verdors:

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

By Types:

Square Braided

Braid Over Braid

Braid Over Core

Interbraid

Die Form

Natural Fiber Packing

Mineral Fiber Packing

Synthetic Fibre Packing

By Applications:

Pump Packing Applications

Valve Packing Applications

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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