Industrial Seals Market Size, Trends, In-depth Analysis, Research Report Forecast up to 2028: Key Players are Flowserve Corporation and SSP Manufacturing Inc.

Industrial Seals Market is expected to grow at a CAGR of 4.17% to reach a market size worth US$12.191 Billion by 2028.

The increasing emphasis on equipment maintenance and the growing demand for customized solutions are the prime factors propelling the industrial seal market growth.

The industrial seal market is expected to grow at a modest pace during the forecast period.

Industrial seals are mechanical devices used to seal off gaps between surfaces that are in touch with one another to stop the flow of liquids or gases. The oil and gas, chemical, food & beverage, pharmaceutical, and other industries all employ these seals. Industrial seals can be composed of materials, including rubber, metal, plastic, or a mixture of these in various sizes and shapes. They are employed in various devices, including turbines, pumps, compressors, and valves. The rising demand for dependable and efficient operation equipment across various sectors, such as food and beverage, construction, oil, and gas, is anticipated to fuel the industrial seal market growth.

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The industrial seal market has been segmented into type, end-user, and geography.

By type, the market has been segmented into o-rings, piston seals, rotary seals, oil seals, and others. The rotary seals will have a significant market share due to their high applicability in pumps, motors, compressors, and gearboxes, where they aid in preventing fluid leakages such as oil, gas, and water. The need for reliable and efficient equipment across industrial operations is expected to drive the demand for rotary seals, boosting the overall market growth.

By end-use industry, the market has been segmented into construction, food & beverage, oil and gas, energy and power, aerospace, marine, and others. The food and beverage industry will have a significant market share due to increasing regulations to have seals in the food and beverages products to keep the product fresh and away from leakages. The US Food and Drug Administration (FDA) has strict regulations on using materials in contact with food and beverage products. Therefore, the rising use of industrial seals to meet these regulations will boost the market growth.

By region the North American region is expected to retain a significant market share due to the rising emphasis on equipment upkeep and the replacement of aged equipment in industrial usage. In addition, according to the US Energy Information Administration, the United States is the world's most significant producer of oil and gas, an essential end-use industry for industrial seals. Furthermore, according to the US Bureau of Economic Analysis, the chemicals industry contributed $ 770 billion to the US economy in 2021.

The major players covered in the industrial seals market are SKF, THE TIMKEN COMPANY, EPM, John Crane, Flowserve Corporation, Specialized Engineering Against Leakage GmbH, Freudenberg SE, Trelleborg Group, SSP Manufacturing Inc., and Totally Seals.

This industrial seals market has been analyzed into the following segments:

• By Type

o O-Rings
o Piston Seals
o Rotary Seals
o Oil Seals
o Others

• By End-User

o Construction
o Food & Beverage
o Oil and Gas
o Energy and Power
o Aerospace
o Marine
o Others

• By Geography

o North America

• United States
• Canada
• Mexico

o South America

• Brazil
• Argentina
• Others

o Europe

• United Kingdom
• Germany
• France
• Spain
• Others

o Middle East and Africa

• UAE
• Israel
• Saudi Arabia
• Others

o Asia Pacific

• Japan
• China
• India
• South Korea
• Thailand
• Taiwan
• Indonesia
• Others

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Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm publishing market research studies across ten industry verticals. KSI has a team of experienced and young professionals who focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports annually centering on the niche and latest technologies. In addition, we engage with key decision-makers and stakeholders across the value chain to provide clients with a detailed analysis and bird's-eye view of the market with complete market dynamics, statistical forecasts, competitive analysis, key trends, market drivers, and challenges, and strategic recommendations for making informed decisions. Our success lies in our analysts' efforts to meet client expectations by delivering quality work within the stipulated deadlines.

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