U.S. Gaskets And Seals Market Size & Outlook, 2023-2030

The gaskets and seals market in the United States is expected to reach a projected revenue of US$11.24 billion by 2030. A compound annual growth rate of 3.6% is expected of the United States gaskets and seals market from 2024 to 2030.

U.S. gaskets and seals market highlights

• The U.S. gaskets and seals market generated a revenue of USD 8.80 billion in 2023 and is expected to reach USD 11.24 billion by 2030.
• The U.S. market is expected to grow at a CAGR of 3.6% from 2024 to 2030.
• In terms of segment, seals were the largest revenue-generating gaskets and seals in 2023.
• Gaskets is the most lucrative gaskets and seals segment, registering the fastest growth during the forecast period.

Gaskets and seals market data book summary

• Market revenue in 2023 - USD 8.80 billion
• Market revenue in 2030 - USD 11.24 billion
• Growth rate - 3.6% (CAGR from 2023 to 2030)
• Largest segment - Seals
• Fastest growing segment - Gaskets
• Historical data - 2018 - 2022
• Base year - 2023
• Forecast period - 2024 - 2030
• Quantitative units - Revenue in USD million
• Market segmentation - Gaskets, Seals
• Key market players worldwide - SKF AB ADR, Dana Inc, Freudenberg, Flowserve Corp, Smiths Group PLC, Trelleborg AB Class B, ElringKlinger AG, The Cooper Companies Inc, Enpro Inc, Crown Holdings Inc

Scope

U.S. gaskets and seals outlook (Revenue, USD Million, 2018-2030)

• Gaskets
  • Metallic
  • Semi-metallic
  • Non-metallic
• Seals
  • Shaft Seal
  • Molded Packing & Seals
  • Motor Vehicle body seal
  • Other

U.S. gaskets and seals end-use outlook (Revenue, USD Million, 2018-2030)

• Automotive
• Electrical & Electronics
• Marine & Rail
• Industrial & Manufacturing
• Aerospace
• Oil & gas
• Chemicals & Petrochemicals
• Others

U.S. gaskets and seals product outlook (Revenue, USD Million, 2018-2030)

• OEM
• Aftersales Market

Other key industry trends

• In terms of revenue, U.S. accounted for 14.5% of the global gaskets and seals market in 2023.
• Country-wise, China is expected to lead the global market in terms of revenue in 2030.
• In North America, U.S. gaskets and seals market is projected to lead the regional market in terms of revenue in 2030.
• Mexico is the fastest growing regional market in North America and is projected to reach USD 971.8 million by 2030.