Global Industrial Gaskets Market – Analysis and Forecast (2021-2027)

A gasket is a mechanical seal that is used to fill the space between two or more two mating surfaces. It is used to prevent leakage from the joined objects when they are under compression. It is commonly produced from sheet materials by cutting.

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The major factors that are driving the industrial gaskets market growth are the wide application range of these gaskets in various end-user industries, stringent government regulations to control leakage in order to prevent environmental damage, and increasing demand from oil and gas production-related facilities.?

North America is the most dominant market and accounts for the largest share of the industrial gaskets market. The growth of the region’s market is mainly attributed to the growing demand for gaskets in end-user industries such as power, chemical, oil and gas, and other industries.

Some of the major players operating in the industrial gaskets industry are Klinger Limited, Garlock Sealing Technologies, Spira Power, Hennig Gasket & Seals Inc., Denver Rubber Company, Goodrich Gasket Private Limited, Amg Sealing Limited, Oman Gasket Factory, Gasket Manufacturing Company, Phelps Industrial Products, and Leader Gasket Technologies.