Compression Packing Market Size - By Material Type, By Application, By End-use Analysis, Share, Growth Forecast, 2025 - 2034

The global market size for compression packing was valued at USD 940.9 million in 2024 and is projected to reach USD 1.6 billion by 2034, driven by a CAGR of 5.6% during the forecast period due to rising demand for durable, low-friction sealing solutions.

The pumps segment is the fastest-growing application in the market, with a CAGR of over 6% from 2025 to 2034, driven by its critical role in fluid transfer across industries like oil and gas, water treatment, and chemical processing.

North America accounted for over 30% of the global market in 2024, driven by the region's strong industrial base and increasing demand for energy-efficient and reliable sealing solutions.

Major players in the compression packing industry include Chesterton Customseal, Delmar Company, Dobson Gaskets, EagleBurgmann, Flexitallic, Fluiten Italia, Freudenberg Sealing Technologies, Garlock, James Walker Group, John Crane, Klinger Group, Lamons, and PAR Group.