Press release
European Pipe Seals Market is Forecasted to Reach USD 282.9 Million in 2027, Says Stratview Research
Stratview Research
Stratview Research, a global market research firm has launched a report on the global European Pipe Seals Market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
Click here to get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/3040/European-pipe-seals-market.html#form
Report Highlights: `
Market Size in 2027: USD 282.9 million
Growth (CAGR): 3.5% during 2022-2027
Forecast Period: 2022-2027
Trend Period: 2016-2020
Base Year: 2021
Number of Segments Covered: 5
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20
Segment Insights on the European Pipe Seals Market:
The global European Pipe Seals Market is segmented by application type, pipe type, material type, product type & Country
Based on the application type: The European pipe seals market is segmented into wastewater, potable water, and others. Wastewater is expected to remain the largest application type in the market during the forecast period. An increase in the repair and replacement of aging sewer and water pipes drives the segment's market. Gaskets, O-rings, connector seals, and lip seals are the majorly used seals for wastewater application.
Based on the pipe type: The market is segmented into plastic pipe, concrete/clay pipe, and steel/ductile iron pipe. Plastic pipe is the dominant as well as the fastest-growing pipe type in the market. Plastic pipes are gradually replacing concrete and steel/ductile iron pipes. Plastic pipes include polyvinyl chloride (PVC), high-density polyethylene (HDPE), medium-density polyethylene (MDPE), polypropylene (PP), and fiber-reinforced plastic (FRP) pipes. PVC is the dominant material in plastic pipes, owing to its low cost, durability, and ease of installation. Concrete/Clay pipe is the second-largest pipe type in the market, owing to its properties such as strength, longevity, good resistance to chemical degradation, nonflammability, and ease of installation.
Based on the material type: The market is segmented into EPDM, SBR, and others. EPDM is likely to be the dominant as well as the fastest-growing material type in the market during the forecast period. EPDM is the preferred material type, owing to its excellent properties such as good resistance to ozone, weather, sunlight, aging, water & steam, alkalis, acids, and oxygenated solvents; excellent heat resistance; and good flexibility at low temperatures. Gaskets, O-rings, lip seals, connector seals, tank seals, and wall seals are preferably manufactured with EPDM
Based on the product type: The market is segmented into gaskets, O-rings, and others. Gaskets are anticipated to remain the dominant product type in the market during the forecast period. A higher dominance of gaskets in all the major applications (wastewater, potable water, industrial, and agriculture) drives the segment's market during the forecast period. O-rings are the second-dominant product type and are also expected to experience healthy growth during the forecast period, owing to their ability to sustain extreme pressure, chemical compatibility, ability to withstand high temperatures, and oxidation resistance.
To know the most attractive segments, click here for a free sample of the report: https://www.stratviewresearch.com/Request-Sample/3040/European-pipe-seals-market.html#form
Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that Germany is expected to remain the largest as well as the fastest-growing country during the forecast period. This growth outlook is majorly attributed to the following-
• The country is the home to several major pipe seal manufacturers, such as Trelleborg AB, VIP Polymers Ltd, and M.O.L Gummiverarbeitung GmbH & Co. KG.
France is also likely to create sizeable opportunities in the coming five years, driven by the favorable government policies and investments in commercial, residential, and industrial projects.
European Pipe Seals Market Drivers:
The growth of the European Pipe Seals Market is driven by several factors.
• An expected increase in the construction of residential and commercial projects, an increase in the rehabilitation of existing infrastructure, and growing concerns about reducing water wastage through pipe leaks drive the demand for pipe seals in the coming years.
Top 10 Companies in the European Pipe Seals Market:
Stratview Research has identified the following companies as the top market players:
• Hultec + Bode GmbH
• Trelleborg AB
• M.O.L Gummiverarbeitung GmbH & Co. KG
• Hauff Technik GmbH & Co. KG
• DS Dichtungstechnik GmbH
• VIP Polymers Ltd
• Gulf Engineered Rubber and Plastics
What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the European Pipe Seals Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?
For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com
Related Reports:
• Pipe Seals Market: https://www.stratviewresearch.com/534/pipe-seals-market.html
• Aircraft Polymer Seals Market: https://www.stratviewresearch.com/2952/aircraft-polymer-seals-market.html
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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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