Gaskets and Seals Market Size, Share, Trends, Industry Analysis Report: By Material, By Sales Channel (Aftermarket and OEMs), By Product, By End Use, and By Region – Market Forecast, 2025–2034

The Gaskets and seals market size is expected to reach USD 109.45 billion by 2034, according to a new study by Polaris Market Research. The report “Gaskets and Seals Market Size, Share, Trends, Industry Analysis Report: By Material, By Sales Channel (Aftermarket and OEMs), By Product, By End Use, and By Region – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Gaskets and seals are mechanical components used to prevent fluid or gas leaks by filling the space between two or more mating surfaces in machinery and equipment.

Rising demand from the aerospace and defense industries is driving the gaskets and seals market growth. The aerospace and defense industries require extremely reliable and lightweight components that can perform under extreme temperatures, pressures, and vibrations. Gaskets and seals in this sector are used in engines, fuel systems, hydraulic systems, and cockpit electronics to ensure airtight and fluid-tight performance. As global defense budgets rise and commercial air travel recovers, the production of aircraft and military vehicles is increasing. In addition, space exploration and satellite deployment projects demand advanced sealing solutions. The growing demand for high-performance materials in these critical applications is significantly boosting the market for specialized gaskets and seals in aerospace and defense.

Rapid industrialization is leading to increased demand for machinery, construction equipment, and manufacturing tools, all of which require gaskets and seals. These components ensure the safe and efficient operation of engines, pumps, and pipelines in sectors such as power generation, water treatment, and heavy manufacturing. The use of sealing products rises as infrastructure projects such as roads, railways, and power plants multiply. Durable gaskets and seals are essential to minimizing leaks, ensuring worker safety, and reducing downtime. This trend is especially strong in Asia Pacific and Africa, where industrial growth is accelerating at a fast pace.

Gaskets and Seals Market Report Highlights

In 2024, the rubber segment dominated the gaskets and seals market share, due to its capabilities, including tear rigidity, elasticity, and toughness.

The OEM segment is expected to witness significant growth during the forecast period, due to a massive increase in the use of gaskets and seals in the manufacturing and aerospace industries.

In 2024, North America dominated the market, driven by the growing R&D investments coupled with the emerging automotive technologies and strong presence of gaskets and seals manufacturers.

The Asia Pacific market is expected to record the highest CAGR during the forecast period, driven by rapid industrialization, rising infrastructure projects, and strong automotive and manufacturing sectors.

A few global key market players are AB SKF, Boyd Corporation, Bruss Sealing System GmbH, Dana Holding Corporation, Datwyler, Flowserve Corporation, Freudenberg Sealing Technologies GmbH & Co. KG, Garlock Sealing Technologies LLC, Hutchinson SA, James Walker, Magnum Automotive Group LLC, Parker Hannifin Corporation, Smiths Group Plc, and Trelleborg Sealing Solutions AB.

Polaris Market Research has segmented the gaskets and seals market report on the basis of material, sales channel, product, end use, and region:

By Material Outlook (Revenue, USD Billion; 2020–2034)

Metals

Plastic

Rubber

Fiber

Graphite

Other Materials

By Sales Channel Outlook (Revenue, USD Billion; 2020–2034)

Aftermarket

OEMs

By Product Outlook (Revenue, USD Billion; 2020–2034)

Gasket

Non-Metallic

Semi-Metallic

Metallic

Seal

Molded

Vehicle Body

Shaft

Others

By End Use Outlook (Revenue, USD Billion; 2020–2034)

Aerospace

Electronics

Automotive

Oil & Gas

Industrial Manufacturing

Food & Beverage

Rail

Marine

Energy & Utilities

Construction

Pharmaceuticals

Others

By Regional Outlook (Revenue, USD Billion; 2020–2034)

North America

  • US
  • Canada
Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Rest of Europe
Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Australia
  • Rest of Asia Pacific
Latin America
  • Argentina
  • Brazil
  • Mexico
  • Rest of Latin America
Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa
  • Rest of Middle East & Africa


1. Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders
2. Executive Summary
2.1. Market Highlights
3. Research Methodology
3.1. Overview
3.1.1. Data Mining
3.2. Data Source
3.2.1. Primary Source
3.2.2. Secondary Source
4. Global Gas Turbine Market Insights
4.1. Gas Turbine Market – Market Snapshot
4.2. Gas Turbine Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Rising Global Energy Demand
4.2.1.2. Shift Towards Natural Gas
4.2.2. Restraints and Challenges
4.2.2.1. Dependency on fossil fuels
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Gas Turbine Market Application Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis
5. Global Gas Turbine Market, by Capacity
5.1. Key Findings
5.2. Introduction
5.2.1. Global Gas Turbine Market, by Capacity, 2020–2034 (USD Billion)
5.3. ≤200 MW
5.3.1. Global Gas Turbine Market, by ≤200 MW, by Region, 2020–2034 (USD Billion)
5.4. >200 MW
5.4.1. Global Gas Turbine Market, by >200 MW, by Region, 2020–2034 (USD Billion)
6. Global Gas Turbine Market, by Technology
6.1. Key Findings
6.2. Introduction
6.2.1. Global Gas Turbine Market, by Technology, 2020–2034 (USD Billion)
6.3. Open Cycle
6.3.1. Global Gas Turbine Market, by Open Cycle, by Region, 2020–2034 (USD Billion)
6.4. Combined Cycle
6.4.1. Global Gas Turbine Market, by Combined Cycle, by Region, 2020–2034 (USD Billion)
7. Global Gas Turbine Market, by End Use
7.1. Key Findings
7.2. Introduction
7.2.1. Global Gas Turbine Market, by End Use, 2020–2034 (USD Billion)
7.3. Power & Utility
7.3.1. Global Gas Turbine Market, by Power & Utility, by Region, 2020–2034 (USD Billion)
7.4. Industrial
7.4.1. Global Gas Turbine Market, by Industrial, by Region, 2020–2034 (USD Billion)
8. Global Gas Turbine Market, by Geography
8.1. Key Findings
8.2. Introduction
8.2.1. Gas Turbine Market Assessment, By Geography, 2020–2034 (USD Billion)
8.3. Gas Turbine Market – North America
8.3.1. North America: Gas Turbine Market, by Capacity, 2020–2034 (USD Billion)
8.3.2. North America: Gas Turbine Market, by Technology, 2020–2034 (USD Billion)
8.3.3. North America: Gas Turbine Market, by End Use, 2020–2034 (USD Billion)
8.3.4. Gas Turbine Market – U.S.
8.3.4.1. U.S.: Gas Turbine Market, by Capacity, 2020–2034 (USD Billion)
8.3.4.2. U.S.: Gas Turbine Market, by Technology, 2020–2034 (USD Billion)
8.3.4.3. U.S.: Gas Turbine Market, by End Use, 2020–2034 (USD Billion)
8.3.5. Gas Turbine Market – Canada
8.3.5.1. Canada: Gas Turbine Market, by Capacity, 2020–2034 (USD Billion)
8.3.5.2. Canada: Gas Turbine Market, by Technology, 2020–2034 (USD Billion)
8.3.5.3. Canada: Gas Turbine Market, by End Use, 2020–2034 (USD Billion)
8.4. Gas Turbine Market – Europe
8.4.1. Europe: Gas Turbine Market, by Capacity, 2020–2034 (USD Billion)
8.4.2. Europe: Gas Turbine Market, by Technology, 2020–2034 (USD Billion)
8.4.3. Europe: Gas Turbine Market, by End Use, 2020–2034 (USD Billion)
8.4.4. Gas Turbine Market – UK
8.4.4.1. UK: Gas Turbine Market, by Capacity, 2020–2034 (USD Billion)
8.4.4.2. UK: Gas Turbine Market, by Technology, 2020–2034 (USD Billion)
8.4.4.3. UK: Gas Turbine Market, by End Use, 2020–2034 (USD Billion)
8.4.5. Gas Turbine Market – France
8.4.5.1. France: Gas Turbine Market, by Capacity, 2020–2034 (USD Billion)
8.4.5.2. France: Gas Turbine Market, by Technology, 2020–2034 (USD Billion)
8.4.5.3. France: Gas Turbine Market, by End Use, 2020–2034 (USD Billion)
8.4.6. Gas Turbine Market – Germany
8.4.6.1. Germany: Gas Turbine Market, by Capacity, 2020–2034 (USD Billion)
8.4.6.2. Germany: Gas Turbine Market, by Technology, 2020–2034 (USD Billion)
8.4.6.3. Germany: Gas Turbine Market, by End Use, 2020–2034 (USD Billion)
8.4.7. Gas Turbine Market – Italy
8.4.7.1. Italy: Gas Turbine Market, by Capacity, 2020–2034 (USD Billion)
8.4.7.2. Italy: Gas Turbine Market, by Technology, 2020–2034 (USD Billion)
8.4.7.3. Italy: Gas Turbine Market, by End Use, 2020–2034 (USD Billion)
8.4.8. Gas Turbine Market – Spain
8.4.8.1. Spain: Gas Turbine Market, by Capacity, 2020–2034 (USD Billion)
8.4.8.2. Spain: Gas Turbine Market, by Technology, 2020–2034 (USD Billion)
8.4.8.3. Spain: Gas Turbine Market, by End Use, 2020–2034 (USD Billion)
8.4.9. Gas Turbine Market – Netherlands
8.4.9.1. Netherlands: Gas Turbine Market, by Capacity, 2020–2034 (USD Billion)
8.4.9.2. Netherlands: Gas Turbine Market, by Technology, 2020–2034 (USD Billion)
8.4.9.3. Netherlands: Gas Turbine Market, by End Use, 2020–2034 (USD Billion)
8.4.10. Gas Turbine Market – Russia
8.4.10.1. Russia: Gas Turbine Market, by Capacity, 2020–2034 (USD Billion)
8.4.10.2. Russia: Gas Turbine Market, by Technology, 2020–2034 (USD Billion)
8.4.10.3. Russia: Gas Turbine Market, by End Use, 2020–2034 (USD Billion)
8.4.11. Gas Turbine Market – Rest of Europe
8.4.11.1. Rest of Europe: Gas Turbine Market, by Capacity, 2020–2034 (USD Billion)
8.4.11.2. Rest of Europe: Gas Turbine Market, by Technology, 2020–2034 (USD Billion)
8.4.11.3. Rest of Europe: Gas Turbine Market, by End Use, 2020–2034 (USD Billion)
8.5. Gas Turbine Market – Asia Pacific
8.5.1. Asia Pacific: Gas Turbine Market, by Capacity, 2020–2034 (USD Billion)
8.5.2. Asia Pacific: Gas Turbine Market, by Technology, 2020–2034 (USD Billion)
8.5.3. Asia Pacific: Gas Turbine Market, by End Use, 2020–2034 (USD Billion)
8.5.4. Gas Turbine Market – China
8.5.4.1. China: Gas Turbine Market, by Capacity, 2020–2034 (USD Billion)
8.5.4.2. China: Gas Turbine Market, by Technology, 2020–2034 (USD Billion)
8.5.4.3. China: Gas Turbine Market, by End Use, 2020–2034 (USD Billion)
8.5.5. Gas Turbine Market – India
8.5.5.1. India: Gas Turbine Market, by Capacity, 2020–2034 (USD Billion)
8.5.5.2. India: Gas Turbine Market, by Technology, 2020–2034 (USD Billion)
8.5.5.3. India: Gas Turbine Market, by End Use, 2020–2034 (USD Billion)
8.5.6. Gas Turbine Market – Malaysia
8.5.6.1. Malaysia: Gas Turbine Market, by Capacity, 2020–2034 (USD Billion)
8.5.6.2. Malaysia: Gas Turbine Market, by Technology, 2020–2034 (USD Billion)
8.5.6.3. Malaysia: Gas Turbine Market, by End Use, 2020–2034 (USD Billion)
8.5.7. Gas Turbine Market – Japan
8.5.7.1. Japan: Gas Turbine Market, by Capacity, 2020–2034 (USD Billion)
8.5.7.2. Japan: Gas Turbine Market, by Technology, 2020–2034 (USD Billion)
8.5.7.3. Japan: Gas Turbine Market, by End Use, 2020–2034 (USD Billion)
8.5.8. Gas Turbine Market – Indonesia
8.5.8.1. Indonesia: Gas Turbine Market, by Capacity, 2020–2034 (USD Billion)
8.5.8.2. Indonesia: Gas Turbine Market, by Technology, 2020–2034 (USD Billion)
8.5.8.3. Indonesia: Gas Turbine Market, by End Use, 2020–2034 (USD Billion)
8.5.9. Gas Turbine Market – South Korea
8.5.9.1. South Korea: Gas Turbine Market, by Capacity, 2020–2034 (USD Billion)
8.5.9.2. South Korea: Gas Turbine Market, by Technology, 2020–2034 (USD Billion)
8.5.9.3. South Korea: Gas Turbine Market, by End Use, 2020–2034 (USD Billion)
8.5.10. Gas Turbine Market – Australia
8.5.10.1. Australia: Gas Turbine Market, by Capacity, 2020–2034 (USD Billion)
8.5.10.2. Australia: Gas Turbine Market, by Technology, 2020–2034 (USD Billion)
8.5.10.3. Australia: Gas Turbine Market, by End Use, 2020–2034 (USD Billion)
8.5.11. Gas Turbine Market – Rest of Asia Pacific
8.5.11.1. Rest of Asia Pacific: Gas Turbine Market, by Capacity, 2020–2034 (USD Billion)
8.5.11.2. Rest of Asia Pacific: Gas Turbine Market, by Technology, 2020–2034 (USD Billion)
8.5.11.3. Rest of Asia Pacific: Gas Turbine Market, by End Use, 2020–2034 (USD Billion)
8.6. Gas Turbine Market – Middle East & Africa
8.6.1. Middle East & Africa: Gas Turbine Market, by Capacity, 2020–2034 (USD Billion)
8.6.2. Middle East & Africa: Gas Turbine Market, by Technology, 2020–2034 (USD Billion)
8.6.3. Middle East & Africa: Gas Turbine Market, by End Use, 2020–2034 (USD Billion)
8.6.4. Gas Turbine Market – Saudi Arabia
8.6.4.1. Saudi Arabia: Gas Turbine Market, by Capacity, 2020–2034 (USD Billion)
8.6.4.2. Saudi Arabia: Gas Turbine Market, by Technology, 2020–2034 (USD Billion)
8.6.4.3. Saudi Arabia: Gas Turbine Market, by End Use, 2020–2034 (USD Billion)
8.6.5. Gas Turbine Market – UAE
8.6.5.1. UAE: Gas Turbine Market, by Capacity, 2020–2034 (USD Billion)
8.6.5.2. UAE: Gas Turbine Market, by Technology, 2020–2034 (USD Billion)
8.6.5.3. UAE: Gas Turbine Market, by End Use, 2020–2034 (USD Billion)
8.6.6. Gas Turbine Market – Israel
8.6.6.1. Israel: Gas Turbine Market, by Capacity, 2020–2034 (USD Billion)
8.6.6.2. Israel: Gas Turbine Market, by Technology, 2020–2034 (USD Billion)
8.6.6.3. Israel: Gas Turbine Market, by End Use, 2020–2034 (USD Billion)
8.6.7. Gas Turbine Market – South Africa
8.6.7.1. South Africa: Gas Turbine Market, by Capacity, 2020–2034 (USD Billion)
8.6.7.2. South Africa: Gas Turbine Market, by Technology, 2020–2034 (USD Billion)
8.6.7.3. South Africa: Gas Turbine Market, by End Use, 2020–2034 (USD Billion)
8.6.8. Gas Turbine Market – Rest of Middle East & Africa
8.6.8.1. Rest of Middle East & Africa: Gas Turbine Market, by Capacity, 2020–2034 (USD Billion)
8.6.8.2. Rest of Middle East & Africa: Gas Turbine Market, by Technology, 2020–2034 (USD Billion)
8.6.8.3. Rest of Middle East & Africa: Gas Turbine Market, by End Use, 2020–2034 (USD Billion)
8.7. Gas Turbine Market – Latin America
8.7.1. Latin America: Gas Turbine Market, by Capacity, 2020–2034 (USD Billion)
8.7.2. Latin America: Gas Turbine Market, by Technology, 2020–2034 (USD Billion)
8.7.3. Latin America: Gas Turbine Market, by End Use, 2020–2034 (USD Billion)
8.7.4. Gas Turbine Market – Mexico
8.7.4.1. Mexico: Gas Turbine Market, by Capacity, 2020–2034 (USD Billion)
8.7.4.2. Mexico: Gas Turbine Market, by Technology, 2020–2034 (USD Billion)
8.7.4.3. Mexico: Gas Turbine Market, by End Use, 2020–2034 (USD Billion)
8.7.5. Gas Turbine Market – Brazil
8.7.5.1. Brazil: Gas Turbine Market, by Capacity, 2020–2034 (USD Billion)
8.7.5.2. Brazil: Gas Turbine Market, by Technology, 2020–2034 (USD Billion)
8.7.5.3. Brazil: Gas Turbine Market, by End Use, 2020–2034 (USD Billion)
8.7.6. Gas Turbine Market – Argentina
8.7.6.1. Argentina: Gas Turbine Market, by Capacity, 2020–2034 (USD Billion)
8.7.6.2. Argentina: Gas Turbine Market, by Technology, 2020–2034 (USD Billion)
8.7.6.3. Argentina: Gas Turbine Market, by End Use, 2020–2034 (USD Billion)
8.7.7. Gas Turbine Market – Rest of Latin America
8.7.7.1. Rest of Latin America: Gas Turbine Market, by Capacity, 2020–2034 (USD Billion)
8.7.7.2. Rest of Latin America: Gas Turbine Market, by Technology, 2020–2034 (USD Billion)
8.7.7.3. Rest of Latin America: Gas Turbine Market, by End Use, 2020–2034 (USD Billion)
9. Competitive Landscape
9.1. Expansion and Acquisition Analysis
9.1.1. Expansion
9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
10.1. Ansaldo Energia S.p.A.
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Product Benchmarking
10.1.4. Recent Development
10.2. Bharat Heavy Electricals Limited
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Product Benchmarking
10.2.4. Recent Development
10.3. General Electric Company (GE Vernova)
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Product Benchmarking
10.3.4. Recent Development
10.4. Harbin Electric Corporation
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. Product Benchmarking
10.4.4. Recent Development
10.5. Kawasaki Heavy Industries, Ltd.
10.5.1. Company Overview
10.5.2. Financial Performance
10.5.3. Product Benchmarking
10.5.4. Recent Development
10.6. MAN Energy Solutions SE
10.6.1. Company Overview
10.6.2. Financial Performance
10.6.3. Product Benchmarking
10.6.4. Recent Development
10.7. Mitsubishi Heavy Industries, Ltd. (Mitsubishi Power, Ltd.)
10.7.1. Company Overview
10.7.2. Financial Performance
10.7.3. Product Benchmarking
10.7.4. Recent Development
10.8. Nanjing Turbine & Electric Machinery (Group) Co., Ltd.
10.8.1. Company Overview
10.8.2. Financial Performance
10.8.3. Product Benchmarking
10.8.4. Recent Development
10.9. Siemens Energy AG
10.9.1. Company Overview
10.9.2. Financial Performance
10.9.3. Product Benchmarking
10.9.4. Recent Development
10.10. Solar Turbines Incorporated (Caterpillar Inc.)
10.10.1. Company Overview
10.10.2. Financial Performance
10.10.3. Product Benchmarking
10.10.4. Recent Development

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