Machinery Equipment-Construction

Gaskets Market

Global Industry Analysis and Forecast 2023-2030

Pages : 120

Base Year : 2022

Release Year : May 2024

Format : Pdf Ppt Xls

Report ID: KR183

Author : Saket A.

Base Year

2022

Forecast Year

2023-2030

Historical Years

2018-2021

Market Value (2022)

USD 58.77 Billion

Forecasted Value (2030)

USD 85.71 Billion

CAGR (2023 - 2030)

4.83%

Fastest Growing Region (2023 - 2030)

Asia-Pacific

Largest Region

Asia-Pacific

By Product Type

Contact Gaskets, and Contactless Gaskets

By Industry

Automotive, Aerospace, Oil and Gas, Industrial Manufacturing, Electrical, Others


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The global market is projected to reach USD 85.71 billion by 2030, growing at a CAGR of 4.83% from 2023 to 2030.
The global market was valued at USD 58.77 billion in 2022.
Increasing automotive production globally, coupled with the growth of the automotive aftermarket has augmented the demand for gaskets and is among key factors that are driving the market.
Top manufacturers of gaskets market are Dana Limited, AB SKF, Crown Gaskets Pvt. Ltd., Garlock, an Enpro Industries, Inc. Company, Freudenberg FST GmbH, IDT GmbH, ElringKlinger AG, Flexitallic Group, PDI Gaskets & Seals, Flowserve Corporation, and others.
Asia-Pacific is anticipated to be the fastest growing region in the forecasted period (2023-2030).
By product type, contact gaskets will hold the maximum share in the gaskets market.
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