Pharmaceutical Processing Seals Market worth $3.3 billion by 2026 | Key players Trelleborg AB (Sweden), Freudenberg Group (Germany), Flowserve Corporation (US).

According to recent market research the "Pharmaceutical Processing Seals Market by Material (Metals, PTFE, Nitrile Rubber, Silicone, EPDM, FKM, FFKM, UHMWPE, PU), Type (O-Ring Seals, Gaskets, Lip Seals, D Seals), Application (Manufacturing Equipment), and Region - Global Forecast to 2026", The pharmaceutical processing seals market is projected to grow from USD 2.1 billion in 2021 to USD 3.3 billion by 2026, at a CAGR of 10.0% during the forecast period. The growth of pharmaceutical processing seals market is attributed to the increased demand for pharmaceutical manufacturing equipment due to the growing healthcare industry and increasing consumption of pharmaceutical drugs. In addition, the expansion of healthcare industry in APAC due to favorable trade policies proposed by the government of countries in this region is expected to drive the pharmaceutical processing seal's market.

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O-rings are the most preferred type of seals used in pharmaceutical industry due to their cost effectiveness and a wide range of applications. O-rings are used in static or dynamic applications in pharmaceutical equipment. Applications such as pump shaft and cylinder piston used in pharmaceutical industry mostly consume O-rings. O-rings are made of materials such as EPDM, silicon rubber, fluorosilicone, and others, which are highly compatible for pharmaceutical equipment. O-rings are used in agitators and hydraulic cylinders. The increase in the demand for such types of equipment due to increasing pharmaceutical production is expected to drive the pharmaceutical processing seal's market.

Silicone is the fastest-growing material for pharmaceutical processing seals. There are very few substitutes available in the market for silicone used in pharmaceutical processing seals as it is considered the most suitable material due to its non-reactiveness when it encounters process fluids. In the pharmaceutical industry, silicone is used for making O-rings, gaskets, and diaphragms which are further used in mixers, pumps, valves, piping flanged joints, transfer equipment, hygienic pipework, reactor vessels, and blenders. The increase in the demand for different types of pharmaceutical manufacturing equipment is expected to drive the market for silicone-based pharmaceutical processing seals.

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APAC is projected to be the fastest-growing pharmaceutical processing seals market. The growth of the APAC pharmaceutical processing seals market can be attributed to the growing investment in capacity expansion of the healthcare industry, along with the increasing pharmaceutical equipment production due to the favorable rules and regulations in the region. Additionally, the growth in the demand for new and improved pharmaceutical drugs catering to critical medical conditions has boosted the need for domestic pharmaceutical manufacturing, which is expected to drive the market for pharmaceutical manufacturing equipment and thus, increase the demand for pharmaceutical processing seals in the region.

Trelleborg AB (Sweden), Freudenberg Group (Germany), Flowserve Corporation (US), James Walker (UK), Parker Hannifin Corporation (US), Saint-Gobain S.A. (France), Garlock (US), John Crane (US), IDEX Corporation (US), and Morgan Advanced Materials PLC (UK) are the leading players operating in the pharmaceutical processing seal's market.

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Freudenberg Group is one of the leading manufacturers of pharmaceutical processing seals. The company operates through three business segments, namely, seals and vibration control technology, nonwovens and filtration, household, and specialties and others business segments. The company offers sealing solutions for pharmaceutical industry through its subsidiary, namely, Freudenberg Sealing Technologies, which is a major player operating in the pharmaceutical processing seals market offering a wide range of sealing solutions for the pharmaceutical industry. The major advantage for the company is that it is backward integrated, and hence can easily formulate customized products according to the customers' demands. The company offers a wide range of seals for pharmaceutical industry, such as agitator seals, standard cartridge seals, pusher seals, couplings, and gaskets. It offers sealing solutions to process industry, fluid technologies, mobile machinery, power, and many others. The company offer pharmaceutical sealing solutions through process industry market.

Trelleborg AB is among the key players in the pharmaceutical processing seals market, which has adopted growth strategies of merger & acquisition, expansion, and new product development. The company offers engineered polymer solutions, which are used in sealing, damping, and protecting applications. It offers sealing solutions for pharmaceutical industry through its subsidiary, namely, Trelleborg Sealing Solutions. The company offers O-rings, gaskets, and diaphragms for pharmaceutical sealing application. It has a strong geographical presence in more than 40 countries with 28 manufacturing facilities and 9 R&D centers in Europe and the Americas.

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