Press release
Valve Sealant Market Accelerates with Rising Demand for Leak Prevention Solutions
Valve Sealant Market SizeThe global market for Valve Sealant was valued at US$ 32.4 million in the year 2024 and is projected to reach a revised size of US$ 49.7 million by 2031, growing at a CAGR of 6.4% during the forecast period.
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Major global valve sealants players include DuPont, KMG Chemicals, RS Clare, Lubchem and Jet Lube. The top five players" share by revenue is nearly 63 per cent. Asia Pacific is the world"s largest market with a market share of about 40 percent, followed by Europe and North America with about 30 percent and 28 percent, respectively. Ball valve sealants are the largest market segment by product type, accounting for 28% of the market share, and oil transportation has the largest share by application, at approximately 41%.
By Type
• Gate Valves Sealant
• Ball Valves Sealant
• Plug Valves Sealant
By Application
• Oil Transportation
• Gas Transportation
• Water Transportation
Key Companies
DuPont, KMG Chemicals, RS Clare, Lubchem, Jet Lube, KCI Ltd, Mosil Lubricants, PLUSCO, Advanced Valve Services, Metalub Company, Melancon, DUALCO
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