Lathe cut gaskets are no different then other types of basic gaskets except for the fact that they are created by way of the lathe cutting machine. A lathe is a rotating machine tool that processes on a single spinning axis, able to perform such actions as cutting, knurling and drilling. Besides cutting out the shape of gaskets, lathes are also able to assist in forming pottery as well as other metalworking and metal spinning projects. Candlestick holders, cue sticks, bowls, musical instruments and crankshafts are all examples of specific products created by way of the lathe cutting machine.

Because gaskets are circular and symmetrical, producing them with a lathe is logical and appropriate. A specific type of gasket often created by the lathe is the o-ring. This product is used specifically for sealing connections between pipes and within mechanical devices. The simple design of this lathe cut gasket allows it to be produced quickly and efficiently and it is particularly well-suited to the lathe because it is often made from metal or plastic. Although it is one of the major types of gasket designs produced by a lathe, it is by no means the only one.

Gaskets, including lathe cut gaskets are usually designed for their environment by their size, thickness and the material chosen for them. Various types of rubber, metal and plastic used to create gaskets have specific characteristics that suit certain environments. For example, EPDM gaskets are some of the most water-resistant on the market, which means they are often chosen as seals between pipes in water treatment facilities. Neoprene gaskets are able to withstand high amounts of hazardous chemicals without being affected, which make them the perfect sealant choice for pipes in chemical processing plants. In essence, lathe cut gaskets is just a title for one aspect of the gasket and o-ring experience, but an important one none-the-less.