Press release
Global Mechanical Seals Market Analysis To Grow At CAGR Of 9.5% Over Period 2017-2021
Mechanical seals converge/connect parts of systems or mechanisms to prevent leakage of fluids. The plumbing systems in the manufacturing, aerospace, automotive, electrical and electronics, and petrochemical industries use these seals to prevent fluid leakage by maintaining the pressure flow. The plumbing mechanism employed by the industries determines the type of seals required for joining the parts. Mechanical seals prevent leakage of industrial contaminants as well as corrosion and fatigue that can reduce the efficiency and cycle life of the equipment.
Technavios analysts forecast the global mechanical seals market to grow at a CAGR of 9.5% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global mechanical seals market for 2017-2021. To calculate the market size, the average price of different types of mechanical seals has been taken into consideration for estimating the market revenue.
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The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Mechanical Seals Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
AESSEAL
Chesterton
EagleBurgmann
Flowserve
Flexaseal
John Crane
Other prominent vendors
Bal Seal Engineering
Cooper-Standard
Garlock Sealing Technology
Hutchinson Sealing Systems
Timken
Trelleborg
SKF
Market driver
Rising demand from oil and gas industry in the Middle East and China.
For a full, detailed list, view our report
Market challenge
Challenges in manufacturing, designing, and installing mechanical seals.
For a full, detailed list, view our report
Market trend
Rise in demand for mechanical seals from pharmaceutical sector.
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market size and forecast
Five forces analysis
PART 06: Market segmentation by end-users
Market overview
Oil and gas
General industry
Chemical industry
Water and wastewater industry
Power industry
PART 07: Geographical segmentation
Market overview
APAC
EMEA
Americas
PART 08: Market drivers
Adherence to emission regulations
Rising demand from oil and gas industry in the Middle East and China
High demand in water and wastewater industry
Growing demand for high-quality mechanical seals
PART 09: Market challenges
Unpredictable oil and gas prices
Leaks that require shut down
Challenges in manufacturing, designing, and installing mechanical seals
PART 10: Impact of drivers and challenges
PART 11: Market trends
Emergence of renewable and nuclear energy sources
Rise in demand for mechanical seals from pharmaceutical sector
Use of superior quality raw materials
Advances in assemblies, testing systems, monitoring systems, and technology of mechanical seals
PART 12: Vendor landscape
Competitive landscape
Vendor mapping
Other prominent vendors
PART 13: Key vendor analysis
AESSEAL
Chesterton
EagleBurgmann
Flowserve0
Flexaseal3
John Crane5
PART 14: Appendix8
List of abbreviations8
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