I'm uncertain who has tried TPU filament, however, for fun, I ordered a roll, downloaded a gasket from Thingiverse, and printed it.
The settings were somewhat arbitrary based off quick research and an infill of (I believe) 40%. To my amazement, the gasket was flexible and durable. After bending it several times and tugging somewhat hard, it didn't break.
Feeding the TPU into the extruder (Anet A8) appeared to be more difficult because it's very flexible unlike PLA (the only other filament I have experience with) and kept bending as I fed it. After a minute or two I felt the filament feed further down, and, to my surprise, fed through without the need to dismantle the extruder.
After more reading, it seems TPU is good for temperatures up to 90 degrees C which makes it borderline for using as a gasket on an engine. Someone online printed gaskets for his lawnmower and did a year long test. The carburetor gasket and valve cover gasket held up fine without leaking or breaking.
I'm a bit surprised it can't handle much above 90 degrees C though because it melts at 200+ degrees C when printing. From reading, my bet is it may handle short term which makes it ideal if you're in a bind and need a small gasket such as a broken snow blower during a storm.
For anyone interested who hasn't experimented, I recommend trying this stuff for fun.