PUBLISHER: Grand View Research | PRODUCT CODE: 1869947
PUBLISHER: Grand View Research | PRODUCT CODE: 1869947
The global gaskets and seals market size was estimated at USD 63.09 billion in 2024 and is projected to reach USD 95.13 billion by 2033, growing at a CAGR of 4.8% from 2025 to 2033. The global market is expected to be driven by the growth of the aerospace and automotive industries.
In addition, using advanced materials to produce gaskets and seals for key applications, including chemical processing, medical equipment, and aircraft manufacturing, is expected to drive the product growth over the forecast period. Furthermore, the market for gaskets and seals is likely to benefit from the growth in usage of the products for reducing vibrations in electrical & electronic components.
The U.S. market is anticipated to advance at a CAGR of 3.9% from 2025 to 2033, owing to the continuous rise in demand for consumer durable goods and the launch of advanced technological products. In addition, the rising use of high-value and better-performing gaskets and seals in OEM installations is expected to boost market growth.
Gaskets and seals are manufactured from various materials, including metals, thermoplastics, elastomers, ceramics, glass, and concrete. The material used determines the properties of gaskets and seals, such as strength, durability, and thermal and chemical resistance. Key raw materials used for manufacturing gaskets and seals include stainless steel, aluminum, thermoplastic elastomers, and titanium.
Product distribution in the industry takes place primarily through direct sales channels, as the majority of gaskets and seals used by end-user industries are customized. However, the companies also operate through a dedicated network of third-party distributors and suppliers, which is done primarily to increase the company's operational area.
Global Gaskets And Seals Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global gaskets and seals market report based on product, application, end use, and region: