Overview

The "Gasket and seals Market" is expected to grow at a CAGR of 3.8% during the forecast period (2024-2031).  

Gaskets and seals are primarily utilized to fill gaps between coupling surfaces, preventing leakage and waste of fluids and gases. Additionally, gaskets help maintain pressure and protect against contamination from external environmental conditions. Silicone and rubber are the most commonly used materials for manufacturing gaskets and seals, thanks to their superior properties, which include high reliability, enhanced strength, flexibility, and resistance to heat and pressure.

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Market Growth Trends

The global gasket and seals market is primarily driven by increased industrialization and urbanization worldwide. This growth has led to a significant rise in the number of manufacturing plants, machinery, automobiles, and various mechanical devices that utilize gaskets and seals.

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Market is Segmented

By Product:  Gasket, Seals

By Application:  Aerospace & Automotive, Electrical & Electronics, Marine & Rail, Oil & Gas, Chemicals & Petrochemicals, Others

By Region:  North America, Latin America, Europe, Asia Pacific, Middle East, and Africa

Market Key Players

·         Boyd Corp.

·         Dana

·         EnPro Industries

·         Freudenberg

·         Hexpol Compounding

·         Parker Hannifin

·         SKF

·         Stockwell Elastomerics

·         Tenneco

·         Trelleborg

Related Reports

Adhesives and Sealants Market

Carpets and Rugs Market

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