Growing need for gaskets and seals in the automobile industry is expected to drive market at a CAGR of 4.80% by 2032

Market Research Future (MRFR) has published a cooked research report on the “Global Gaskets and Seals Market” that contains information from 2018 to 2032. The gaskets and seals market is estimated to register a CAGR of 4.80% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global gaskets and seals market - AMG Sealing Limited, BRUSS Sealing Systems GmbH, Freudenberg Sealing Technologies, Cooper Standard, ElringKlinger AG, Flowserve Corporation, Garlock, an Enpro Industries, Inc., Dätwyler Holding Inc., John Crane, KLINGER Holding GmbH, Phelps, Dana Limited, Dechengwang, IGP Engineers Private Limited, Saunders, SKF, Smiths Group plc, Trelleborg AB, and Tenneco Inc.

Market Highlights

The global gaskets and seals market is accounted to register a CAGR of 4.80% during the forecast period and is estimated to reach USD 88.751 billion by 2032.

The gaskets and seals market is anticipated to expand as a result of the industry's rapid technological improvements, as well as the demand for better fuel economy and enhanced vehicle performance. The utilization of gaskets and seals is observed to result in less maintenance requirements for the cars, as well as an extension of the life of the automotive components. Thus, they are the main forces or contributing components that propel the market. Furthermore, global industrialization and urbanization have led to a notable growth in the number of manufacturing facilities, automobiles, machinery, and other mechanical instruments that rely on gaskets and seals. The growth of the market has benefited from this.

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Segment Analysis

The global gaskets and seals market has been segmented into application, product, and material.

On the basis of application, the market is segmented into Aerospace, Automotive, Electronics, Oil and Gas, Power Generation, and Other Applications (Industrial). The automotive segment was attributed to holding the largest market share in 2022. In order to ensure safety and security, seals are required for engine blocks, body parts, and electronics in automobile applications. It is also expected that the need for gaskets in the automotive sector would rise as 3D printing becomes more widely used.

Based on product, the global gaskets and seals market has been segmented into Gaskets (Metallic Gaskets, Rubber Gaskets, Cork Gaskets, Non-asbestos Gaskets, Spiral Wound Gaskets, Others Gaskets (Semi-Metallic Gasket)) and Seals (Shaft Seals, Molded Seals, Motor Vehicle Body Seals, Other Seals (Fork Seal and Piston Seal). The seals segment was expected to hold the largest market share in 2022. Pneumatic, gas & fluid operations, filtration, hydraulics, aerospace, and temperature control are among the expanding applications that are responsible for this rise. Growth in products is also aided by growing public awareness of the need to eliminate greenhouse gasses.

Based on material, the global gaskets and seals market has been segmented into Fiber, Graphite, PTFE, Rubber, and Other Materials (Metal, Cork, Polymers and Felt). The rubber segment was expected to hold the largest market share in 2022. Numerous elastomers, including nitrile, EPDM, neoprene, and natural rubber, are used in rubber gaskets and seals. Rubber gaskets and seals are in higher demand in applications including manways, heat exchangers, and pipe gaskets.

Regional Analysis

The global gaskets and seals market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe gaskets and seals market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The gaskets and seals market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World gaskets and seals market comprises of Middle East, Africa, and Latin America.

The largest market share for gaskets and seals was maintained by the North American regional sector. It is anticipated that North America's chemical industry will present enormous prospects for gaskets and sealing solutions. Chemical applications include fluid management and piping installations, which is expected to increase demand for gasket and seal products.

Moreover, the Europe market has been persistently growing over the forecast period. The European region's defense and aerospace industry is expanding as a result of the government's increased spending on defense. France and Germany are two nations that make significant investments in their security and defense capabilities, as well as in enhancing NATO's needs.

Additionally, Asia Pacific is anticipated to experience the quickest growth over the forecast period. The expansion of sealing products is being driven by the growing automobile industry and its high motor vehicle output. Furthermore, due to significant improvements in the automobile industry's production output and manufacturing technology, China is anticipated to present some profitable expansion chances.

Furthermore, the rest of the world's gaskets and seals market is divided into the Middle East, Africa, and Latin America. Due to growing government investments in developing domestic manufacturing capabilities, the rest of world market is anticipated to grow at a significant rate of growth. Moreover, the Middle East region plays a significant role in the worldwide aircraft maintenance, repair, and overhaul industry, which propels market expansion.

Key Findings of the Study

• The global gaskets and seals market is expected to reach USD 88.751 billion by 2032, at a CAGR of 4.80% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market. The increasing automobile industry and its high motor vehicle output are driving the rise of sealing products.


• Based on application, the automotive segment was attributed to holding the largest market in 2022, with an approximate market share of 42%.


• AMG Sealing Limited, BRUSS Sealing Systems GmbH, Freudenberg Sealing Technologies, Cooper Standard, ElringKlinger AG, Flowserve Corporation, Garlock, an Enpro Industries, Inc., Dätwyler Holding Inc., John Crane, KLINGER Holding GmbH, Phelps, Dana Limited, Dechengwang, IGP Engineers Private Limited, Saunders, SKF, Smiths Group plc, Trelleborg AB, and Tenneco Inc.