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Industrial Seals Market 2019 Specification, Growth Drivers, Industry Analysis Forecast 2026: Flowserve Corporation, John Crane (Smiths Group plc), Trelleborg AB, EnPro Industries, Inc. (Garlock GmbH), Dover Corporation (Waukesha Bearings), SHV (ERIKS Grou
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Surge in Power Generation Industry Will Boost Growth
The rising investment by the government and other authorities in electricity and power generation will contribute positively to the global industrial sealing market. The increasing demand for renewable source of energy such as solar is expected to contribute significantly to the global Industrial Seals Market. For instance,In 2018, according to the UN Environment Programme (UNEP) and its partners, 98 gigawatts of new solar capacity were installed globally.
Furthermore, shifting focus of countries and increasing R&D investment in low-carbon energy will accelerate growth of the global Industrial sealing market. In addition, rising adoption of renewable energy by industries to curb carbon will boost the global Industrial sealing market revenue during the forecast period.
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Some of the leading companies Mentioned in the Industrial Seals Market Report are -
SKF (AB SKF)
Flowserve Corporation
John Crane (Smiths Group plc)
Trelleborg AB
EnPro Industries, Inc. (Garlock GmbH)
Dover Corporation (Waukesha Bearings)
SHV (ERIKS Group)
Freudenberg SE
Tenneco Inc. (Federal-Mogul LLC)
Fenner Group Holdings Limited (Hallite Seals)
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