Gaskets And Seals Market Size, Share & Trends Report

Gaskets And Seals Market Size, Share & Trends Analysis Report By Product (Gaskets, Seals), By Application (Automotive, Aerospace), By End-use (OEM, Aftersales Market), And Segment Forecasts, 2024 - 2030

  • Report ID: GVR-2-68038-801-5
  • Number of Report Pages: 125
  • Format: PDF, Horizon Databook
  • Historical Range: 2018 - 2022
  • Forecast Period: 2024 - 2030 
  • Industry: Advanced Materials

Research Methodology

A three-pronged approach was followed for deducing the gaskets and seals market estimates and forecasts. The process has three steps: information procurement, analysis, and validation. The whole process is cyclical, and steps repeat until the estimates are validated. The three steps are explained in detail below:

Information procurement: Information procurement is one of the most extensive and important stages in our research process, and quality data is critical for accurate analysis. We followed a multi-channel data collection process for gaskets and seals market to gather the most reliable and current information possible.

  • We buy access to paid databases such as Hoover’s and Factiva for company financials, industry information, white papers, industry journals, SME journals, and more.
  • We tap into Grand View’s proprietary database of data points and insights from active and archived monitoring and reporting.
  • We conduct primary research with industry experts through questionnaires and one-on-one phone interviews.
  • We pull from reliable secondary sources such as white papers and government statistics, published by organizations like WHO, NGOs, World Bank, etc., Key Opinion Leaders (KoL) publications, company filings, investor documents, and more.
  • We purchase and review investor analyst reports, broker reports, academic commentary, government quotes, and wealth management publications for insightful third-party perspectives.

Analysis: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilized different methods of gaskets and seals market data depending on the type of information we’re trying to uncover in our research.

  • Market Research Efforts: Bottom-up Approach for estimating and forecasting demand size and opportunity, top-down Approach for new product forecasting and penetration, and combined approach of both Bottom-up and Top-down for full coverage analysis.

  • Value-Chain-Based Sizing & Forecasting: Supply-side estimates for understanding potential revenue through competitive benchmarking, forecasting, and penetration modeling.

  • Demand-side estimates for identifying parent and ancillary markets, segment modeling, and heuristic forecasting.

  • Qualitative Functional Deployment (QFD) Modelling for market share assessment.

Market formulation and validation: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilize different methods of data analysis depending on the type of information we’re trying to uncover in our research.

  • Market Formulation: This step involves the finalization of market numbers. This step on an internal level is designed to manage outputs from the Data Analysis step.

  • Data Normalization: The final market estimates and forecasts are then aligned and sent to industry experts, in-panel quality control managers for validation.

  • This step also entails the finalization of the report scope and data representation pattern.

  • Validation: The process entails multiple levels of validation. All these steps run in parallel, and the study is forwarded for publishing only if all three levels render validated results.

Gaskets And Seals Market Categorization:

The gaskets and seals market was categorized into four segments, namely product (Gaskets, Seals), application (Automotive, Electrical & Electronics, Marine & Rail, Industrial & Manufacturing, Aerospace, Oil & Gas, Chemicals & Petrochemicals), end-use (OEM, Aftersales market), and regions (North America, Europe, Asia Pacific, Central & South America, Middle East & Africa).

Segment Market Methodology:

The gaskets and seals market was segmented into product, application, end-use, and regions. The demand at a segment level was deduced using a funnel method. Concepts like the TAM, SAM, SOM, etc., were put into practice to understand the demand. We at GVR deploy three methods to deduce market estimates and determine forecasts. These methods are explained below:

Market research approaches: Bottom-up

  • Demand estimation of each product across countries/regions summed up to from the total market.

  • Variable analysis for demand forecast.

  • Demand estimation via analyzing paid database, and company financials either via annual reports or paid database.

  • Primary interviews for data revalidation and insight collection.

Market research approaches: Top-down

  • Used extensively for new product forecasting or analyzing penetration levels.

  • Tool used invoice product flow and penetration models Use of regression multi-variant analysis for forecasting Involves extensive use of paid and public databases.

  • Primary interviews and vendor-based primary research for variable impact analysis.

Market research approaches: Combined

  • This is the most common method. We apply concepts from both the top-down and bottom-up approaches to arrive at a viable conclusion.

Regional Market Methodology:

The gaskets and seals market was analyzed at a regional level. The globe was divided into North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, keeping in focus variables like consumption patterns, export-import regulations, consumer expectations, etc. These regions were further divided into sixteen countries, namely, the U.S.; Canada; Mexico; Germany; the UK.; France; Italy; Spain; China; India; Japan; South Korea; Brazil; Argentina; Saudi Arabia; and UAE

All three above-mentioned market research methodologies were applied to arrive at regional-level conclusions. The regions were then summed up to form the global market.

Gaskets and seals market companies & financials:

The gaskets and seals market was analyzed via companies operating in the sector. Analyzing these companies and cross-referencing them to the demand equation helped us validate our assumptions and conclusions. Key market players analyzed include:

  • SKF - SKF, a company founded in 1907 and headquartered in Gothenburg, Sweden, specializes in supplying products, solutions, and services in various areas such as seals, mechatronics, roller bearings, lubrication systems, and more. The company offers multiple services, including remanufacturing, logistics, condition monitoring, engineering consultancy, training, asset efficiency optimization, maintenance, and technical support. SKF operates in two main segments, namely automotive and industrial, and its product portfolio includes bearings, units and housings, screws, actuation systems, linear guides, tables, power transmission products, coupling systems, and test and measurement equipment. Additionally, SKF caters to the needs of the car aftermarket industry by providing power trains, wheel ends, steering, drivelines, tools, lubricants, and steering and suspension products. The company also offers solutions for various industries such as agriculture, aerospace, cars, light trucks, construction, electric motors, food and beverage, home appliances, compressors, industrial pumps, fans, machine tools, marine, medical, and healthcare equipment. Furthermore, SKF serves industries including industrial transmission, mining, material handling, mineral processing, ocean energy, portable power tools, pulp and paper, railways, racing, trailers, trucks, buses, two- and three-wheelers, and wind energy.

  • Dana Limited - Dana Limited, established in 1904 and headquartered in Ohio, USA, is a company that specializes in the design and production of motion and drive products, thermal management technologies, sealing solutions, and fluid power products. They cater to engine and vehicle manufacturers across North America, Europe, Asia Pacific, and South America. The company operates in four segments: commercial vehicle driveline technologies, light vehicle driveline technologies, power technologies, and off-highway driveline technologies. Dana Limited manufactures drive and steer axles and tire inflation systems for heavy and medium-duty trucks, buses, specialty vehicles, and drive shafts in the commercial vehicle driveline technologies segment. The light vehicle driveline technologies segment offers a range of products, including rear axles, front axles, differentials, propshafts/driveshafts, axle and modular tube assemblies, torque couplings, power transfer units, rear drive, EV gearboxes, and axle shafts. These products are used in sport utility vehicles, light trucks, vans, passenger cars, and crossover utility vehicles. Dana Limited's driveline technology segment produces rear and front axles, transmissions, drive shafts, torque converters, track wheels, industrial gearboxes, electronic controls, hydraulic pumps, valves, and motors. These products find applications in construction, agriculture, forestry, mining material handling, earth moving, and industrial stationary sectors. The power technologies segment of Dana Limited offers gaskets, heat shields, cover modules, engine sealing systems, heat transfer, and cooling products for the light vehicle, heavy/medium vehicle, and off-highway markets. As of December 2019, Dana Limited had over 36,000 employees.

  • Freudenberg Sealing Technologies GmbH & Co. KG - Freudenberg Sealing Technologies GmbH & Co. KG was established in 2011 and has its headquarters in Weinheim, Germany. The company specializes in the development, manufacturing, and supply of elastomeric materials, precision molded seals, and various products for both domestic and international markets. Their product range includes dynamic seals like radiamatic and radial shaft seals, swivel and rotary seals, deflectors and V-ring seals, piston and rod seals, guide rings, wipers, steering seals, damper seals, and valve steam seals. They also offer unique sealing products such as precision molded parts, caps, stuffing boxes, forseals, plugs, encoders, diaphragms, boots, and static seals like gaskets, cover seals, hygienic Usit rings, and O-rings. Additionally, the company provides suspension systems, hydraulic accumulators, and elastomer materials like fluoroprene XP, fluororubber, ethylene propylene diene monomer, acrylonitrile butadiene, and hydrogenated nitrile rubber, silicon rubber, simriz perfluorelastomers, white compounds, and plastic materials including polyoxymethylene, polyetheretherketone, polyamide, and polyurethane. They also offer spare parts for sealing and vibration control and service parts like cabin air filters. Freudenberg Sealing Technologies caters to various industries, including civil aviation, automotive, shipbuilding, mechanical engineering, pharmaceutical and food, construction and agricultural machinery, heavy industry, fluid technologies, mobile machinery, industrial applications, process, mobility, power, distribution industries, and affiliated companies. The company distributes its products through a network of distributors.

  • Flowserve Corporation - Flowserve Corporation, founded in 1912 and headquartered in Texas, U.S., is a company that specializes in the design, manufacturing, distribution, and servicing of flow management equipment in the industrial sector. The company's operations are divided into two segments: Flow Control and Flowserve Pump Division. The Flowserve Pump Division offers a range of pre-configured pump systems and industrial pumps, including submersible pumps, specialty products, replacement parts, standard and customized pump systems, engineered pump auxiliary systems, upgrades, mechanical seals, replacement parts, and aftermarket services. Additionally, it manufactures gas-lubricated seals for applications in the oil and gas industries, specifically for compressors. On the other hand, the Flow Control Division provides automation solutions and industrial valves, such as control and isolation valves, controls, actuation, and other equipment. These products are used to direct, control, and manage the flow of gases and liquids. The division primarily serves industries, such as oil and gas, power generation, chemical and water management, and general industries like ore processing, mining, pharmaceuticals, food and beverage, paper and pulp, and other applications. Flowserve Corporation has established a vast distribution network, including direct and indirect channels. This network caters to the requirements of different regions, including North America, Europe, Africa, the Middle East, and Asia.

  • Smiths Group Plc - Smiths Group Plc, founded in 1851 and headquartered in London, United Kingdom, is a global company involved in designing, manufacturing, and selling a wide range of products and services. Its business operations are divided into five divisions: Smiths Medical, Smiths Interconnect, Flex-Tek, Smiths Detection, and John Crane. The John Crane division specializes in providing engineered products and services such as mechanical seals, engineered bearings, seal support systems, specialist infiltration systems, and power transmission couplings. Smiths Medical division focuses on offering specialty consumables and medical devices, including vascular access, infusion systems, temperature management equipment, patient airway devices, and specialty devices for emergency patient transport and diagnostics. This division serves various healthcare facilities such as surgery centers, homecare providers, hospitals, OEMs, and clinics. Smiths Detection division specializes in detection technologies, providing systems and sensors that can detect and identify narcotics, explosives, weapons, biohazards, contrabands, and chemical agents. Smiths Interconnect division offers a wide range of radio frequency and electronics board-level devices, waveguide devices, cables, connectors, subsystems, and test sockets. These products cater to the aerospace, defense, space, medical, rail, and semiconductor testing industries. Lastly, the Flex-Tek division provides engineered components used to heat and move gases and fluids. These components find applications in consumer products, aerospace, construction, industrial, and medical sectors. Overall, Smiths Group Plc operates globally, serving various industries with its diverse range of products and services.

  • Trelleborg Sealing Solutions - Trelleborg Sealing Solutions, established in 1800, is in Indiana, US. The company specializes in the design, production, and distribution of precision seals and bearings. It caters to various industries, including industrial, aircraft, and automotive, offering a wide range of products such as rubber diaphragms and lip seals. Among its notable products are Turcon, an engineered plastic compound used for sealing elements, and HiMod, a thermoplastic utilized in chemical, electrical, structural, and high-performance sealing bearing applications. Additionally, the company provides Turcite, an engineered thermoplastic compound for linear, plain, and wear-ring bearing elements, and Zurcon, a polymer explicitly developed for sealing applications. Other materials offered by Trelleborg Sealing Solutions include unfilled and filled PCTFE, PTFE, ETFE, polyester elastomers, fluoroelastomers, nitriles, and silicons. The company distributes its products under various brands such as Chase Walton, Busak+Shamban, Forsheda, GNL, Shamban, Dowty, Palmer Chenard, Stefa, and Skega. Formerly known as Forsheda Palmer-Chenard Inc., the company adopted a new name - Trelleborg Sealing Solutions US, Inc. in April 2004. Trelleborg Sealing Solutions has a dedicated research and development center and a materials test lab in Fort Wayne, Indiana. Additionally, it has offices in Louisville, Chalfont, Colorado, Pennsylvania, Northville, El Segundo, California, Michigan, North Charleston, and South Carolina. Trelleborg Sealing Solutions US, Inc. functions as a subsidiary of Trelleborg AB and also operates a logistics center in Fort Wayne, Indiana.

  • ElringKlinger AG - Established in 1879, ElringKlinger AG is a German company headquartered in Dettingen an der Erms. It specializes in the development, manufacturing, and distribution of chemical and technical products for the global manufacturing and automotive sectors. The company operates through five segments: OEM, Engineered Plastics, Aftermarket, Industrial Parks, and Services. The OEM segment focuses on developing, manufacturing, and distributing specialty gaskets, cylinder heads, acoustic and thermal parts for engines, lightweight components, exhaust tract applications, and transmission systems. Additionally, this segment provides fuel cell and battery systems, cell contact and electric drive systems, and exhaust gas purification and shielding systems. The Engineered Plastics segment offers high-performance plastics for various applications in the medical, mechanical engineering, chemical, and energy industries. The Aftermarket segment provides various auxiliary components, including gaskets, gasket sets, and service parts for commercial vehicles and passenger cars under the Elring-Das original brand. These components are primarily used to repair gearboxes, engines, exhaust systems, and other auxiliary units. The Services segment offers assessment and development services for transmission, engines, and exhaust tracts. It utilizes measurement and testing facilities to cater to automotive suppliers and vehicle manufacturers. Additionally, this segment provides logistics services. The Industrial Parks segment is involved in the leasing and administration of land and buildings. In addition to its various segments, ElringKlinger AG also offers sealing materials and modules.

  • Cooper Standard - Cooper Standard, founded in 1960 and headquartered in Michigan, U.S., is a global company that specializes in the design, manufacturing, and sales of various systems. These systems include fluid transfer, brake and fuel delivery, vibration dampening, and sealing. The company operates in four regions: North America, South America, Europe, and Asia Pacific. One of the key components of Cooper Standard's product portfolio is its sealing systems, which consist of static and dynamic seals, stainless steel frames, encapsulated glasses, variable extrusions, flush glass systems, and specialty sealing solutions. The company also offers brake and fuel delivery systems, including tank fuel lines, bundles and chassis, metallic brake lines and bundles, port and direct injection fuel rails, tube coatings, and quick-connect solutions. Cooper Standard also provides fluid transfer systems, encompassing coolant/heater hoses, SCR and DPF emission lines, air intake and charge products, degas tanks, and transmission oil cooling hoses. Furthermore, the company offers vibration-dampening systems, such as powertrain mount systems that feature bi-state electric switchable hydraulic engines, multi-state vacuum switchable hydraulic engines, and conventional elastomeric and hydraulic mounts. In addition to these products, Cooper Standard's portfolio includes secondary air, turbochargers, clutch, and brake hoses. The company's products are primarily utilized in light trucks and passenger vehicles manufactured by automotive OEMs and the aftermarket.

  • Bruss Sealing System GmbH - Bruss Sealing System GmbH, founded in 1959, is based in Schleswig-Holstein, Germany. The company specializes in the design and production of sealing systems for powertrain applications. Additionally, they provide cover modules, elastomer gaskets, bonded pistons, and aluminum die-casting components. Bruss Sealing System GmbH caters to automotive manufacturers globally, including renowned brands such as BMW, Daimler, Porsche, Volkswagen, and Jaguar Land Rover. With over 2500 employees worldwide, the company is committed to delivering customized solutions based on their extensive experience and technological expertise. Furthermore, their exceptional aftersales service ensures customer satisfaction.

  • Garlock Sealing Technologies LLC - Garlock Sealing Technologies, founded in 1887 and headquartered in New York, USA, specializes in the production and distribution of sealing and pipeline protection products for various industrial and infrastructure applications. The company offers a wide range of products, including pump diaphragms, compression packing, hydraulic components, gasketing products, metallic gaskets, custom molded rubber, bearing isolators, and rubber expansion joints. Additionally, their product portfolio includes metal expansion joints, mechanical seals, butterfly valves, and oil & gas seals. Garlock serves various industries such as pulp & paper, chemical & petrochemical, water and wastewater treatment, drainage, primary metals, nuclear, refining, infrastructure, pharmaceuticals, mining, and others. They cater to the needs of original equipment manufacturers, engineering and construction contractors, and end users worldwide. With manufacturing facilities in the United States, Canada, Europe, Asia, and South America, Garlock sells its products through distributors, industrial agents, original equipment manufacturers, engineering and construction firms, and end users globally.

Value chain-based sizing & forecasting

Supply Side Estimates

  • Company revenue estimation via referring to annual reports, investor presentations, and Hoover’s.

  • Segment revenue determination via variable analysis and penetration modeling.

  • Competitive benchmarking to identify market leaders and their collective revenue shares.

  • Forecasting via analyzing commercialization rates, pipelines, market initiatives, distribution networks, etc.

Demand side estimates

  • Identifying parent markets and ancillary markets

  • Segment penetration analysis to obtain pertinent

  • revenue/volume

  • Heuristic forecasting with the help of subject matter experts

  • Forecasting via variable analysis

Gaskets And Seals Market Report Objectives:

  • Understanding market dynamics (in terms of drivers, restraints, & opportunities) in the countries.

  • Understanding trends & variables in the individual countries & their impact on growth and using analytical tools to provide high-level insights into the market dynamics and the associated growth pattern.

  • Understanding market estimates and forecasts (with the base year as 2021, historic information from 2017 to 2020, and forecast from 2022 to 2030). Regional estimates & forecasts for each category are available and are summed up to form the global market estimates.

Gaskets And Seals Market Report Assumptions:

  • The report provides market value for the base year 2021 and a yearly forecast till 2030 in terms of revenue/volume or both. The market for each of the segment outlooks has been provided on region & country basis for the above-mentioned forecast period.

  • The key industry dynamics, major technological trends, and application markets are evaluated to understand their impact on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis.

  • We have used the bottom-up approach for market sizing, analyzing key regional markets, dynamics, & trends for various products and end-users. The total market has been estimated by integrating the country markets.

  • All market estimates and forecasts have been validated through primary interviews with the key industry participants.

  • Inflation has not been accounted for to estimate and forecast the market.

  • Numbers may not add up due to rounding off.

  • Europe consists of EU-8, Central & Eastern Europe, along with the Commonwealth of Independent States (CIS).

  • Asia Pacific includes South Asia, East Asia, Southeast Asia, and Oceania (Australia & New Zealand).

  • Latin America includes Central American countries and the South American continent

  • Middle East includes Western Asia (as assigned by the UN Statistics Division) and the African continent.

Primary Research

GVR strives to procure the latest and unique information for reports directly from industry experts, which gives it a competitive edge. Quality is of utmost importance to us, therefore every year we focus on increasing our experts’ panel. Primary interviews are one of the critical steps in identifying recent market trends and scenarios. This process enables us to justify and validate our market estimates and forecasts to our clients. With more than 8,000 reports in our database, we have connected with some key opinion leaders across various domains, including healthcare, technology, consumer goods, and the chemical sector. Our process starts with identifying the right platform for a particular type of report, i.e., emails, LinkedIn, seminars, or telephonic conversation, as every report is unique and requires a differentiated approach.

We send out questionnaires to different experts from various regions/ countries, which is dependent on the following factors:

  • Report/Market scope: If the market study is global, we send questionnaires to industry experts across various regions, including North America, Europe, Asia Pacific, Latin America, and MEA.

  • Market Penetration: If the market is driven by technological advancements, population density, disease prevalence, or other factors, we identify experts and send out questionnaires based on region or country dominance.

The time to start receiving responses from industry experts varies based on how niche or well-penetrated the market is. Our reports include a detailed chapter on the KoL opinion section, which helps our clients understand the perspective of experts already in the market space.

What questions do you have? Get quick response from our industry experts. Request a Free Consultation



This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.



We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports, as well as offer affordable discounts for start-ups & universities.

Contact us now to get our best pricing.

esomar icon

ESOMAR certified & member


ISO Certified

We are GDPR and CCPA compliant! Your transaction & personal information is safe and secure. For more details, please read our privacy policy.

great place to work icon