- The market is witnessing strong demand due to the need for enhanced leakage protection, extended equipment life, and compliance with stringent emission and safety regulations across various industrial sectors
- Innovations such as non-metallic gaskets, advanced elastomers, and high-temperature sealing solutions are gaining traction, particularly in the automotive and energy industries
- North America region is expected to witness the highest growth rate in the global gaskets and seals market, driven by strict regulatory standards for emission control, technological advancements in sealing materials, and increased adoption in the oil and gas and chemical processing industries
- Asia-Pacific is expected to be the fastest growing region in the gaskets and seals market during the forecast period due to
- Gaskets dominate the market with a significant revenue share in 2024, driven by their widespread use in sealing applications to prevent leaks in pipelines, valves, and flanges. The demand for gaskets is fueled by their ability to withstand high pressure and temperature, providing reliable sealing in various industrial environments
