Worldwide seal and gasket markets are expected to grow 5.3 percent each year. The estimated value to reach $70.8 billion in sales by 2019.
Demand in many parts of the world will return to a more moderate pace of growth after recovering from 2009 recessionary lows through 2014. Healthy increases are expected in the following areas:
- Motor vehicle production
- Machinery output
- Electrical and electronic equipment
At EPM we are ready! We can provide custom seals and gaskets at a moment’s notice. So we are excited about the challenges of this growing market.