According to IMARC Group’s latest report, titled “Gaskets and Seals Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global gaskets and seals market reached a value of US$ 57.2 Billion in 2020. Gaskets and seals refer to mechanical fixtures that are widely utilized to prevent fluid leakage. Gaskets are static seals generally used to seal two flat surface components or flanges that are manufactured using nitride, rubber, graphite and neoprene. On the other hand, seals are utilized between rotating components, such as pumps, engine parts and shafts. T…

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