Press release
Global Industrial Seals Market Size - Forecast to 2026
According to a new market research report published by Global Market Estimates, the Global Industrial Seals Market is projected to grow from USD 14.12 billion in 2021 to USD 17.60 billion by 2026 at a CAGR value of 4.5% between 2021 to 2026. The growing demand for improved machine reliability and enhanced performance is expected to increase the demand for industrial seals during the forecast period.Browse 151 Market Data Tables and 111 Figures spread through 181 Pages and in-depth TOC on “Global Industrial Seals Market - Forecast to 2026" https://www.globalmarketestimates.com/market-report/industrial-seals-market-3463
By Type (Axial Seals, Radial Seals, and Mechanical Seals [Pusher, Non-Pusher, Conventional Seals, Balanced Seals, Unbalanced Seals, Cartridge Seals]), By Material (Fiber, Fluorosilicone, PTFE, Rubber, Other Materials), By End-User (Mining, Food & Beverages, Oil & Gas, Energy & Power, Aerospace, Marine, Construction, Others), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa); End-User Landscape, Company Market Share Analysis, and Competitor Analysis
Key Market Insights
• The ability of seals to improve lubricant retention and prevent contamination of bearings is expected to have a positive impact on the growth of the industrial seals market.
• Growing application of PTFE seals owing to their self-lubricating and chemical resistance properties are expected to contribute to the growth of the industrial seals market.
• The mechanical seal's segment is expected to become the fastest-growing segment as per the various types of seals available in the market.
• The need for long-running hours and shorter maintenance periods in the oil & gas industry is instrumental to the growth of this segment.
• The progression of the industrial sector in countries like China, India, and Indonesia is expected to enhance the growth of the market in the APAC region.
• Trelleborg Group, ERIKS Seals and Plastics, Inc., Tenneco Inc., Flowserve Corporation, Technetics Group, SKF, JK Fenner, InproSeal, John Crane, EnPro Industries, Dover Corporation, and Freudenberg FST GmbH, among others are the key players in the industrial seals market.
Browse the Report @ https://www.globalmarketestimates.com/market-report/industrial-seals-market-3463
Type Outlook (Revenue, USD Billion, 2021-2026)
• Axial Seals
• Radial Seals
• Mechanical Seals
• Pusher
• Non-Pusher
• Conventional Seals
• Balanced Seals
• Unbalanced Seals
• Cartridge Seals
Material Outlook (Revenue, USD Billion, 2021-2026)
• Fiber
• Fluorosilicone
• PTFE
• Rubber
• Other Materials
End-User Outlook (Revenue, USD Billion, 2021-2026)
• Mining
• Food & Beverages
• Oil & Gas
• Energy & Power
• Aerospace
• Marine
• Construction
• Others
Regional Outlook (Revenue, USD Billion, 2021-2026)
North America
• The U.S.
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Rest of CSA
Middle East & Africa
• Saudi Arabia
• UAE
• Rest of MEA
Contact: Yash Jain
Email address: yash.jain@globalmarketestimates.com
Phone Number: +16026667238
Website: https://www.globalmarketestimates.com
Check our Latest Blogs: https://www.globalmarketestimates.com/blog-posts.php
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Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.
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