The global Gasket for Plate Heat Exchanger market size is predicted to grow from US$ 397 million in 2025 to US$ 523 million in 2031; it is expected to grow at a CAGR of 4.7% from 2025 to 2031.

A gasket for plate heat exchanger is a sealing component used in gasketed plate heat exchangers to prevent the leakage of fluids between the different components of the heat exchanger. Heat exchangers are devices designed for the efficient transfer of heat from one fluid to another. They are commonly used in various industrial processes, HVAC (Heating, Ventilation, and Air Conditioning) systems, and other applications where heat transfer is essential.

The gasket for plate heat exchanger market has shown a slight downward trend in recent years. With the continuous development of the industrial field, especially the increasing demand for heat exchange equipment in industries such as chemicals, petroleum, and electricity, the gasket for plate heat exchanger market is expanding. It is expected that in the next few years, the market will continue to maintain a growth trend, mainly due to the acceleration of the global industrialization process and the higher requirements for energy efficiency.

The European region is an important part of the global gasket for plate heat exchanger market. The chemical, petroleum, and natural gas industries in this region are developed, and the demand for gasket for plate heat exchangers is relatively large. At the same time, the technical level in the European region is relatively high, and the requirements for product quality and performance are also more strict, which has promoted the continuous innovation and development of the local gasket for plate heat exchanger industry. Secondly, the Asia-Pacific region is one of the fastest-growing regions in the global gasket for plate heat exchanger market. With the rapid development of emerging economies such as China and India, the demand for heat exchangers in industries such as chemicals, electricity, and steel is growing rapidly, driving the prosperity of the gasket for plate heat exchanger market. At the same time, the labor cost in the Asia-Pacific region is relatively low, which provides a certain cost advantage for the production of gasket for plate heat exchangers.

The global gasket for plate heat exchanger market is highly competitive with numerous participants. Among them, some internationally renowned enterprises, such as Gislaved Gummi and Group MCD, occupy a large market share with their advanced technology, high-quality products, and good brand reputation. In addition, many small and medium-sized enterprises are also competing in the market. They occupy a place in specific fields or regional markets through flexible business strategies and characteristic products, such as AGC Heat Transfer, PHE Nordic, Renocol, HFM, Varalka PHE, Spetech, etc.

In the gasket for plate heat exchanger market, from the perspective of product classification, Glued Gaskets occupy a dominant position, with a market share of up to 80.93%. This indicates that Glued Gaskets have a wide range of applications and a high degree of recognition in this market. This advantage stems from its unique performance characteristics, such as good adhesive performance, sealing performance, and stability within a certain temperature and pressure range.

From the application perspective, HVAC & Refrigeration and Oil & Gas are the main applications, accounting for 21.81% and 24.61% of the total market respectively. This reflects that heat exchangers play a key role in the exploration, processing, and transportation of oil and gas.

In conclusion, the gasket for plate heat exchanger industry, as an important supporting industry in industrial production, has broad market prospects and development space. With the continuous development of the global industry and technological progress, the demand for gasket for plate heat exchangers will continue to grow.

Infinity Market Research newest research report, the Gasket for Plate Heat Exchanger Industry Forecast looks at past sales and reviews total world Gasket for Plate Heat Exchanger sales in 2024, providing a comprehensive analysis by region and market sector of projected Gasket for Plate Heat Exchanger sales for 2025 through 2031. With Gasket for Plate Heat Exchanger sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Gasket for Plate Heat Exchanger industry.

This Insight Report provides a comprehensive analysis of the global Gasket for Plate Heat Exchanger landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Gasket for Plate Heat Exchanger portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global Gasket for Plate Heat Exchanger market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Gasket for Plate Heat Exchanger and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Gasket for Plate Heat Exchanger.

This report presents a comprehensive overview, market shares, and growth opportunities of Gasket for Plate Heat Exchanger market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

    Glue Style Gasket
    Clip Style Gasket

Segmentation by Application:

    HVAC & Refrigeration
    Oil & Gas
    Power Generation
    Chemical
    Food & Beverage
    Pharmaceutical
    Others

This report also splits the market by region:

    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the companys coverage, product portfolio, its market penetration.

    Gislaved Gummi
    Group MCD
    Hisaka
    Siping Meilian Thermal Equipment Manufacturing
    Laygo
    WCR
    VISER
    Tranter
    Thermovave (Nexson Group)
    UAB Elastoforce
    Orobica Plast-Gom
    Cipriani
    AGC Heat Transfer
    PHE Nordic
    Renocol
    HFM
    Varalka PHE
    Spetech

Key Questions Addressed in this Report

What is the 10-year outlook for the global Gasket for Plate Heat Exchanger market?
What factors are driving Gasket for Plate Heat Exchanger market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Gasket for Plate Heat Exchanger market opportunities vary by end market size?
How does Gasket for Plate Heat Exchanger break out by Type, by Application?