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Industrial Gaskets Market worth $16.84 billion by 2030 - Exclusive Report by MarketsandMarkets™

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MarketsandMarkets

04 Jun, 2025, 10:55 GMT

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DELRAY BEACH, Fla., June 4, 2025 /PRNewswire/ -- The report "Industrial Gaskets Market by Material Type (Semi-metallic, Non-metallic, Metallic), Product Type (Soft Gaskets, Spiral Wound Gaskets), End-use Industry (Refineries, Power Generation, Chemical Processing, Pulp & Paper), and Region - Global Forecast to 2030", industrial gaskets market is projected to reach USD 16.84 billion by 2030 from USD 12.76 billion in 2025, at a CAGR of 5.7% during the forecast period. The industrial gaskets market is experiencing steady and substantial growth globally, driven by the increasing demand for reliable sealing solutions across industries such as oil & gas, power generation, chemical processing, and manufacturing. Industrial gaskets serve a critical function in preventing leakage between two surfaces under varying pressure, temperature, and chemical environments. The industrial gaskets market is experiencing steady and substantial growth globally, driven by the increasing demand for reliable sealing solutions across industries such as oil & gas, power generation, chemical processing, and manufacturing.

Browse in-depth TOC on "Industrial Gaskets Market"

170– Tables       
50 – Figures
204– Pages 

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Industrial gaskets serve a critical function in preventing leakage between two surfaces under varying pressure, temperature, and chemical environments. These components are essential for ensuring system efficiency, safety, and regulatory compliance in harsh operational settings. With industries prioritizing operational reliability, emissions control, and system integrity, gaskets have become indispensable in modern industrial infrastructure.

A significant driver for the market is the ongoing global industrialization, particularly in developing economies such as India, China, Vietnam, and Brazil. These regions are expanding their manufacturing and energy sectors, increasing the demand for pipelines, reactors, pressure vessels, and machinery, all of which require high-quality gaskets. In addition, the global focus on environmental and safety regulations is reinforcing the adoption of advanced gaskets that can withstand extreme conditions and prevent leaks, thus reducing the risk of environmental contamination and workplace hazards. The Asia Pacific region is the fastest-growing market, fueled by rapid industrialization, urbanization, and significant investments in energy, construction, and chemical manufacturing. Countries like China and India are leading in capacity expansion, with large-scale projects in oil refining, water treatment, and power generation. In the Middle East & Africa, the industrial gaskets market is driven by oil & gas exploration, petrochemical processing, and infrastructure projects. Countries like Saudi Arabia, the UAE, and South Africa are investing heavily in refining and industrial zones, creating substantial demand for gasket solutions that can withstand corrosive and high-temperature environments. 

Semi-metallic gaskets segment accounts for the largest market share in the industrial gaskets market

Semi-metallic gaskets are advanced sealing components that combine both metallic and non-metallic materials to offer an optimal balance between strength, flexibility, and sealing capability. These gaskets are specifically designed to handle demanding industrial applications where high temperatures, pressures, and chemical exposure make conventional soft gaskets unsuitable. The metallic portion of the gasket provides structural integrity, resistance to blowout, and the ability to withstand mechanical loads, while the non-metallic filler ensures tight sealing by conforming to surface irregularities and absorbing system vibrations. One of the most widely used types of semi-metallic gaskets is the spiral wound gasket, which consists of alternating layers of metal (typically stainless steel) and soft filler materials like graphite, PTFE, or mica. Other common varieties include kammprofile gaskets, which feature a serrated metal core covered by soft sealing layers. Their hybrid construction allows semi-metallic gaskets to offer excellent recovery, resistance to thermal cycling, and long-term sealing performance under fluctuating operational conditions. As such, they are heavily used in critical sectors such as oil & gas, petrochemicals, power generation, and chemical processing, where gasket failure can lead to costly downtime or safety hazards. With growing regulatory pressures for leak prevention and efficiency, the demand for high-performance sealing solutions like semi-metallic gaskets continues to rise.

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Refineries segment holds the largest share of the industrial gaskets market

Industrial gaskets are vital components in refinery operations, where they are used to ensure leak-proof sealing in systems that handle high pressure, high temperature, and chemically aggressive fluids. Their function is critical in maintaining safety, minimizing downtime, and ensuring environmental compliance in processes like distillation, cracking, reforming, and hydroprocessing. In the US, one of the world's largest refining hubs, industrial gaskets are in continuous demand due to an extensive network of aging refineries and stringent regulations from agencies like the EPA. Regular maintenance, coupled with the push toward processing cleaner fuels and renewable feedstocks, has led to increasing investments in high-performance sealing solutions. Gaskets used in US refineries must withstand severe service conditions and comply with high safety and environmental standards. India and China are witnessing rapid growth in refining infrastructure to meet rising domestic energy demand. India, with major refineries in Gujarat, Maharashtra, and Tamil Nadu, is actively modernizing its units to meet international fuel standards. This modernization increases the use of semi-metallic and composite gaskets for improved sealing efficiency. Similarly, China's vast refinery network, supported by government-led infrastructure initiatives, is a key consumer of industrial gaskets, especially as facilities transition to higher efficiency and lower-emission operations. Overall, the need for reliable, high-performance gaskets in refineries is universal, but regional trends are shaped by local energy policies, infrastructure age, environmental regulations, and investment in cleaner fuel technologies. This country-specific demand reinforces the global growth trajectory of the industrial gaskets market within the refining sector.

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Asia Pacific is expected to be the largest market during the forecast period

Asia Pacific leads in the industrial gaskets market. It is driven by rapid industrialization, infrastructure expansion, and strong demand from key sectors such as oil & gas, power generation, chemical processing, and manufacturing. The region's diverse economic landscape, ranging from highly industrialized countries like Japan and South Korea to fast-developing economies like India, Vietnam, and Indonesia, creates a dynamic market with varied gasket requirements based on sector maturity, regulatory environments, and technological adoption. One of the core factors propelling growth in the Asia Pacific is the expansion of the oil & gas industry, particularly in China and India. These countries are heavily investing in refinery upgrades and capacity expansions to meet rising energy consumption and reduce reliance on imports of refined products. This has led to a strong demand for high-performance gaskets in refinery systems such as distillation columns, pressure vessels, heat exchangers, and piping networks. Additionally, the construction of new LNG terminals and petrochemical complexes is further boosting the need for reliable sealing solutions, especially those resistant to high temperatures and corrosive environments. Another key trend in the Asia Pacific region is the growing emphasis on environmental sustainability and safety regulations. Governments are tightening industrial emission norms and encouraging the use of sealing products that reduce leakages and improve operational efficiency. This has led to greater adoption of gaskets that are compliant with international standards such as ASME, ISO, and API.

Get access to the latest updates on Industrial Gaskets Companies and Industrial Gaskets Industry Size

Browse Adjacent Market: Equipment Machine and Tooling Market Research Reports & Consulting

Related Reports: 

Flexible Graphite Market - Global Forecast to 2030

Pharmaceutical Processing Seals Market - Global Forecast to 2026

About MarketsandMarkets™ 

MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter , LinkedIn and Facebook .

Contact:
Mr. Rohan Salgarkar

MarketsandMarkets™ INC.
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