Press release
Oil and Gas Processing Seals Market Size to Reach around USD 6 Billion by 2025 – Arizton
The oil and gas processing seals market by revenue is expected to grow at a CAGR of over 2% during the period 2020–2025.Several seal manufacturers are significantly focusing on innovations in terms of design and efficiency. Increasing investments and the recent discovery of oil fields in emerging countries such as India, Australia, and Brazil are expected to increase sealing solutions during the forecast period. With the increasing awareness of sustainability across the globe, oil and gas seal manufacturing companies adopt innovative manufacturing practices and technologies. The adoption of smart precision manufacturing and the availability of raw materials for seal manufacturing is expected to propel the production. The COVID-19 outbreak has hit several industries; however, the oil and gas industry has been the worst affected.
The following factors are likely to contribute to the growth of the oil and gas processing seals market during the forecast period:
• Development of Smart Oilfields
• Adoption of Enhanced Oil Recovery (EOR) Technique
• Increased Upstream Production Activities
The study considers the present scenario of the oil and gas processing seals market and its market dynamics for the period 2019−2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspect of the market. It profiles and examines leading companies and other prominent ones operating in the market.
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Oil and Gas Processing Seals Market – Vendor Profiles
Prominent Vendors
• EnPro Industries
• Flowserve Corporation
• John Crane
• Parker-Hannifin Corporation
• Idex Corporation
• Trelleborg
Other Prominent Vendors
• Freudenberg Oil and Gas Technologies
• M.Barnwell Services
• Green Tweed
• CDI Energy Products
• Aesseal
• Saint-Gobain
• Techno AD
Oil and Gas Processing Seals Market – Segmentation
Material Type
• Elastomers
• Thermoplastics
• Others
Product Type
• O-rings
• U-cup seals
• Back-up ring
• Spring energized seals
• Others
Application
• Downstream
• Midstream
• Upstream
By Geography
• North America
• US
• Canada
• Europe
• UK
• Norway
• Russia
• Denmark
• Italy
• APAC
• China
• Indonesia
• Australia
• India
• Latin America
• Brazil
• Mexico
• Others
• Middle East and Africa
• Saudi Arabia
• Iran
• Iraq
• UAE
• Others
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Oil and Gas Processing Seals Market – Table of Contents
1 Research Methodology
2 Research Objectives
3 Research Process
4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.2 Base Year
4.3 Scope of The Study
4.3.1 Market Segmentation by Material Type
4.3.2 Market Segmentation by Product Type
4.3.3 Market Segmentation by Application
4.3.4 Market Segmentation by Geography
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
6 Market at a Glance
7 Introduction
7.1 Overview
7.1.1 Static & Dynamic Seals
7.1.2 Oil and gas Seals Market Comparison 2019 & 2025
7.2 Impact Of COVID-19
7.2.1 Production & Consumption Insights
7.3 Global Economy: 2019
7.4 Global Oil and Gas Industry Outlook
7.4.1 Overview
7.4.2 Midterm Outlook Up To 2022
7.4.3 Long-term Outlook Upto 2025 and beyond
7.4.4 Factors Impacting Demand
8 Market Opportunities & Trends
8.1 Smart Oil Filed Innovation
8.2 Developments In Sealing Products In Adherence To Challenging Environment
8.3 Adoption Of Enhanced Oil Recovery (EOR) Technique
9 Market Growth Enablers
9.1 Increasing Upstream Production Activities
9.2 Huge Consumption of Oil And Gas Globally
9.3 Unconventional Oil Production in US & Beyond
10 Market Restraints
10.1 Shift to Renewable & Alternative Energy Sources
10.2 Adverse Impact Of COVID-19
11 Market Landscape
11.1 Market Overview
11.1.1 Key Insights
11.2 Market Size & Forecast
11.3 Five Forces Analysis
11.3.1 Threat of New Entrants
11.3.2 Bargaining Power of Suppliers
11.3.3 Bargaining Power of Buyers
11.3.4 Threat of Substitutes
11.3.5 Competitive Rivalry
12 Material
12.1 Market Snapshot & Growth Engine
12.2 Market Overview
12.2.1 Competitive Market
12.3 Elastomers
12.3.1 Market Overview
12.3.2 Market Size & Forecast
12.3.3 Market by Geography
12.4 Thermoplastics
12.4.1 Market Overview
12.4.2 Market Size & Forecast
12.4.3 Market by Geography
12.5 Others
12.5.1 Market Overview
12.5.2 Market Size & Forecast
12.5.3 Market by Geography
13 Product
13.1 Market Snapshot & Growth Engine
13.2 Market Overview
13.3 O-Rings
13.3.1 Market Overview
13.3.2 Market Size & Forecast
13.3.3 Market by Geography
13.4 U-Cup Seals
13.4.1 Market Overview
13.4.2 Market Size & Forecast
13.4.3 Market by Geography
13.5 Back-Up Rings
13.5.1 Market Overview
13.5.2 Market Size & Forecast
13.5.3 Market by Geography
13.6 Spring Energized Seals
13.6.1 Market Overview
13.6.2 Market Size & Forecast
13.6.3 Market by Geography
13.7 Others
13.7.1 Market Overview
13.7.2 Market Size & Forecast
13.7.3 Market by Geography
14 Application
14.1 Market Snapshot & Growth Engine
14.2 Market Overview
14.2.1 Upstream
14.2.2 Downstream
14.2.3 Midstream
14.3 Downstream Oil and Gas Industry
14.3.1 Market Overview
14.3.2 Oil and Gas Refinery Insights
14.3.3 Market Size & Forecast
14.3.4 Market by Geography
14.4 Upstream Oil and Gas Industry
14.4.1 Market Overview
14.4.2 Oil and Gas Production Insights
14.4.3 Key Restraints
14.4.4 Market Size & Forecast
14.4.5 Market by Geography
14.5 Midstream Oil and Gas Industry
14.5.1 Market Overview
14.5.2 Market Size & Forecast
14.5.3 Market by Geography
15 Geography
15.1 Market Snapshot & Growth Engine
15.2 Geographic Overview
15.2.1 Middle East & Africa
15.2.2 North America
15.2.3 Europe
15.2.4 APAC
15.2.5 Latin America
16 Middle East & Africa
16.1 Market Overview
16.2 Market Size & Forecast
16.3 Material Type
16.3.1 Market Snapshot & Growth Engine
16.3.2 Elastomers: Market Size & Forecast
16.3.3 Thermoplastics: Market Size & Forecast
16.3.4 Others: Market Size & Forecast
16.4 Product Type
16.4.1 Market Snapshot & Growth Engine
16.4.2 O-rings: Market Size & Forecast
16.4.3 U-cup Seals: Market Size & Forecast
16.4.4 Back-up Rings: Market Size & Forecast
16.4.5 Spring Energized Seals: Market Size & Forecast
16.4.6 Others: Market Size & Forecast
16.5 Application
16.5.1 Market Snapshot & Growth Engine
16.5.2 Downstream Oil and gas Industry: Market Size & Forecast
16.5.3 Upstream Oil and gas Industry: Market Size & Forecast
16.5.4 Midstream Oil and gas Industry: Market Size & Forecast
16.6 Key Countries
16.6.1 Saudi Arabia: Market Size & Forecast
16.6.2 Iran: Market Size & Forecast
16.6.3 Iraq: Market Size & Forecast
16.6.4 UAE: Market Size & Forecast
16.6.5 Rest of Middle East & Africa: Market Size & Forecast
17 North America
17.1 Market Overview
17.2 Market Size & Forecast
17.3 Material Type
17.3.1 Market Snapshot & Growth Engine
17.3.2 Elastomers: Market Size & Forecast
17.3.3 Thermoplastics: Market Size & Forecast
17.3.4 Others: Market Size & Forecast
17.4 Product Type
17.4.1 Market Snapshot & Growth Engine
17.4.2 O-rings: Market Size & Forecast
17.4.3 U-cup Seals: Market Size & Forecast
17.4.4 Back-up Rings: Market Size & Forecast
17.4.5 Spring Energized Seals: Market Size & Forecast
17.4.6 Others: Market Size & Forecast
17.5 Application
17.5.1 Market Snapshot & Growth Engine
17.5.2 Downstream Oil and gas Industry: Market Size & Forecast
17.5.3 Upstream Oil and gas Industry: Market Size & Forecast
17.5.4 Midstream Oil and gas Industry: Market Size & Forecast
17.6 Key Countries
17.6.1 US: Market Size & Forecast
17.6.2 Canada: Market Size & Forecast
18 Europe
18.1 Market Overview
18.2 Market Size & Forecast
18.3 Material Type
18.3.1 Market Snapshot & Growth Engine
18.3.2 Elastomers: Market Size & Forecast
18.3.3 Thermoplastics: Market Size & Forecast
18.3.4 Others: Market Size & Forecast
18.4 Product Type
18.4.1 Market Snapshot & Growth Engine
18.4.2 O-rings: Market Size & Forecast
18.4.3 U-cup Seals: Market Size & Forecast
18.4.4 Back-up Rings: Market Size & Forecast
18.4.5 Spring Energized Seals: Market Size & Forecast
18.4.6 Others: Market Size & Forecast
18.5 Application
18.5.1 Market Snapshot & Growth Engine
18.5.2 Downstream Oil and Gas Industry: Market Size & Forecast
18.5.3 Upstream Oil and gas Industry: Market Size & Forecast
18.5.4 Midstream Oil and gas Industry: Market Size & Forecast
18.6 Key Countries
18.6.1 Russia: Market Size & Forecast
18.6.2 Norway: Market Size & Forecast
18.6.3 Italy: Market Size & Forecast
18.6.4 UK: Market Size & Forecast
18.6.5 Denmark: Market Size & Forecast
19 APAC
19.1 Market Overview
19.1.1 Market Size & Forecast
19.2 Material Type
19.2.1 Market Snapshot & Growth Engine
19.2.2 Elastomers: Market Size & Forecast
19.2.3 Thermoplastics: Market Size & Forecast
19.2.4 Others: Market Size & Forecast
19.3 Product Type
19.3.1 Market Snapshot & Growth Engine
19.3.2 O-rings: Market Size & Forecast
19.3.3 U-cup Seals: Market Size & Forecast
19.3.4 Back-up Rings: Market Size & Forecast
19.3.5 Spring Energized Seals: Market Size & Forecast
19.3.6 Others: Market Size & Forecast
19.4 Application
19.4.1 Market Snapshot & Growth Engine
19.4.2 Downstream Oil and gas Industry: Market Size & Forecast
19.4.3 Upstream Oil and gas Industry: Market Size & Forecast
19.4.4 Midstream Oil and gas Industry: Market Size & Forecast
19.5 Key Countries
19.5.1 China: Market Size & Forecast
19.5.2 India: Market Size & Forecast
19.5.3 Indonesia & Malaysia: Market Size & Forecast
19.5.4 Australia: Market Size & Forecast
19.5.5 Rest Of APAC: Market Size & Forecast
20 Latin America
20.1 Market Overview
20.2 Market Size & Forecast
20.3 Material Type
20.3.1 Market Snapshot & Growth Engine
20.3.2 Elastomers: Market Size & Forecast
20.3.3 Thermoplastics: Market Size & Forecast
20.3.4 Others: Market Size & Forecast
20.4 Product Type
20.4.1 Market Snapshot & Growth Engine
20.4.2 O-rings: Market Size & Forecast
20.4.3 U-cup Seals: Market Size & Forecast
20.4.4 Back-up Rings: Market Size & Forecast
20.4.5 Spring Energized Seals: Market Size & Forecast
20.4.6 Others: Market Size & Forecast
20.5 Application
20.5.1 Market Snapshot & Growth Engine
20.5.2 Downstream Oil and gas Industry: Market Size & Forecast
20.5.3 Upstream Oil and gas Industry: Market Size & Forecast
20.5.4 Midstream Oil and gas Industry: Market Size & Forecast
20.6 Key Countries
20.6.1 Mexico: Market Size & Forecast
20.6.2 Brazil: Market Size & Forecast
20.6.3 Rest of Latin America: Market Size & Forecast
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About Arizton Advisory & Intelligence
Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
Arizton has gained a paramount standpoint in the market research arena as it offers top of the line solutions to clients to assess market landscape and to finalize fool proof business strategies. We are committed to provide inclusive market research reports and consulting services to clients from diversified industries including –Consumer Goods & Retail Technology, Automotive and Mobility, Smart Tech, Healthcare and Lifesciences, Industrial Machinery, Chemicals and Materials, IT and Media, Logistics and Packaging
Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Arizton Advisory & Intelligence
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Mail: enquiry@arizton.com
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