Press release
2022 Pharmaceutical Processing Seals Market Insights, Industry Outlook, Growing Trends And Demands 2031
Pharmaceutical Processing Seals Market
The regions covered in the pharmaceutical processing seals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest pharmaceutical processing seals market share.
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The pharmaceutical processing seals market consists of sales of pharmaceutical processing seals by entities (organizations, sole traders, and partnerships) that are used in pharmaceutical processing equipment to cultivate, refine and blend pharmaceutical ingredients and end products. These are chemically resistant, strong, and hygienic and are used to enhance the performance efficiency of the equipment by keeping it lubricated and leakage-proof.
Key competitors in the pharmaceutical processing seals market include Trelleborg AB, Freudenberg Group, Flowserve Corporation, James Walker & Co., Parker-Hannifin Corporation, Saint-Gobain S.A, Garlock Sealing Technologies, John Crane, IDEX Corporation, Marco Rubber and Plastics, Technetics Group, Sealmatic, Maffs Seals Pvt Ltd, Quantech Sealing Systems, and EagleBurgmann India Pvt. Ltd
The global pharmaceutical processing seals market is expected to grow from $1.80 billion in 2021 to $2.03 billion in 2022 at a compound annual growth rate (CAGR) of 12.4%. The growth in the pharmaceutical processing seals market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The pharmaceutical processing seals market is expected to reach $2.79 billion in 2026 at a CAGR of 8.3%.
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TBRC's report segments the global pharmaceutical processing seals market:
1) By Type: O-rings, Gaskets, Lip seals, D seals, Others (Diaphragms and X-rings)
2) By Material: Metals, PTFE, Silicone, Nitrile Rubber, EPDM, Others
3) By Application: Manufacturing Equipment, Agitators, Mixers, Reactors, Gear Boxes, Others
Read Further On The Pharmaceutical Processing Seals Market Here:
https://www.thebusinessresearchcompany.com/report/pharmaceutical-processing-seals-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Pharmaceutical Processing Seals Market Characteristics
3. Pharmaceutical Processing Seals Market Trends And Strategies
4. Impact Of COVID-19 On Pharmaceutical Processing Seals
5. Pharmaceutical Processing Seals Market Size And Growth
......
26. Africa Pharmaceutical Processing Seals Market
27. Pharmaceutical Processing Seals Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Pharmaceutical Processing Seals Market
29. Pharmaceutical Processing Seals Market Future Outlook and Potential Analysis
30. Appendix
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