High Temperature Gasket Materials Market, By Material Type (Fluorosilicone, Silicon, Graphite, Fiber glass, Mica, Teflon, Mica, Stainless Steel & alloy, UHT Liquid Gasket Materials, Nitrile Rubber, Thermiculite, and Others) and By Gasket Type (Kammprofile, Spiral Wound, Double-jacketed, Fishbone, and Others), By Region (North America, Europe, Asia-pacific, Latin America, Middle East, Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
A gasket is utilized for sealing junction between two surfaces in an engine or other devices to prevent leakage. High temperature gaskets are designed using materials such as graphite laminate, ceramic fiber blankets, fluorosilicone, silicone, compressed non-asbestos, PTFE, fiberglass tape & rope, and others to perform in conditions involving elevated temperatures and combustible fluids.
Demand for high temperature gasket materials is growing steadily due to increasing applications of high temperature and pressure resistant gaskets in various industries such as automotive, oil & gas, power generation, and others. According to International Organization of Motor Vehicles Manufacturers, production of motor vehicles in 2021, which increased by 4.5% from 2020. Such increasing production of motor vehicles is expected to fuel growth of the market.
Market Dynamics
Among material type, graphite material segment held dominant position in the high temperature gasket materials market in 2021. This is owing to extensive use of graphite in petrochemical refineries, industrial fluid sealing, electronic & electrochemical, and steam service.
Among region, Asia Pacific accounted for the largest market share in 2021 due to significant demand for high temperature gasket materials from countries such as China, India, South Korea, and Japan. Moreover, growth in various industries such as automotive, electrical, and chemical is also major factor contributing to high demand for these materials in Asia Pacific.
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