Compression Gaskets vs Formed-In-Place (FIP) Gaskets: A Comparison Advantages of Compression Gaskets Compression gaskets are pre-formed to a specific size, shape, and thickness. Formed-in-place (FIP) gaskets or liquid gaskets are liquids that cure after the parts are assembled. Both have their uses, and one may be more suitable than the other, depending on the application. … Continue reading Formed-in-Place Gaskets vs. Conventional Compression Gaskets