MEA Machined Seals Market - Industry Trends and Forecast to 2030
Middle East and Africa machined seals market is projected to register a 3.8% CAGR in the forecast period of 2021 to 2030. The new market report contains data for the historic year 2021, the base year of calculation is 2022, and the forecast period is 2023 to 2030.
Market Segmentations
Middle East and Africa Machined Seals Market, By Type (Fluid Power Seals, Power Transmission Seals, and Large Diameter Seals), Product Type (Rod Seals, Piston Seals, Wiper Seals, Static Seals, Rotary Seals, Special Seals, Guide Rings, and Back up Rings), Material (Polytetrafluoroethylene (PTFE), Viton, Polyurethane (PU), Rubber, Metal, Elastomers, Thermoplastics, and Others), Application (Aerospace & Defense, Automotive Industry, Chemical Processing, Machined Tools, Construction, Industrial Turbines, Flow Control, Life Sciences, New Energies, Nuclear Industry, Oil & Gas, Pumps, Semiconductors, Sensors, Valves, Packaging and Materials, and Food & Beverages), Sales Channel (Manufacturers, Distributors, and Aftermarket), Country (Saudi Arabia, United Arab Emirates, Kuwait, Qatar, Oman, Bahrain, South Africa, Egypt, Israel, and Rest of Middle East and Africa) Industry Trends and Forecast to 2030
Some of the major factors contributing to the growth of the Middle East and Africa machined seals market:
• The rising investments by key players in research and development activities are likely to result in innovations and new product launches
• The growing awareness of the benefits offered by machined seals
Market Players
The key players operating in the Middle East and Africa machined seals market are:
• Technetics Group
• OZ SEALS PTY LTD
• Seal & Gasket Supplies
• SKF
• Freudenberg FST GmbH
• SAINT-GOBAIN
• PARKER HANNIFIN CORP
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