Global Compression Packing for Pumps Market Growth 2024-2030

Global Compression Packing for Pumps Market Growth 2024-2030

Compression packing for pumps is a type of sealing material used to prevent leakage of fluids in pumps, valves, and other mechanical equipment. It typically consists of braided or twisted fibers that are inserted into a stuffing box or gland around the pump shaft. When the packing is compressed by tightening the gland follower, it forms a seal between the shaft and the pump housing, preventing the fluid being pumped from leaking out.

The global Compression Packing for Pumps market size is projected to grow from US$ 4344 million in 2024 to US$ 5317 million in 2030; it is expected to grow at a CAGR of 3.4% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Compression Packing for Pumps Industry Forecast” looks at past sales and reviews total world Compression Packing for Pumps sales in 2023, providing a comprehensive analysis by region and market sector of projected Compression Packing for Pumps sales for 2024 through 2030. With Compression Packing for Pumps sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Compression Packing for Pumps industry.

This Insight Report provides a comprehensive analysis of the global Compression Packing for Pumps landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Compression Packing for Pumps portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Compression Packing for Pumps market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Compression Packing for Pumps and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Compression Packing for Pumps.

United States market for Compression Packing for Pumps is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Compression Packing for Pumps is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Compression Packing for Pumps is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Compression Packing for Pumps players cover Lamons, W. L. Gore & Associates, DuPont, Phillips Scientific, Garlock, etc. In terms of revenue, the global two largest companies occupied for a share nearly

% in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Compression Packing for Pumps market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
PTFE
Flexible Graphite
Others

Segmentation by Application:
Chemical
Food
Oil and Gas
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Lamons
W. L. Gore & Associates
DuPont
Phillips Scientific
Garlock
Munaco Sealing Solutions
Cotter Marketing
Taega Technologies
TFCO
Parco
Mercer Gasket & Shim
Dunham Rubber & Belting
Al-Iman Factory
Phelps Industrial Products
New England Braiding
Master Packing & Rubber
Dover High Performance Plastics
SealRyt
Anti-Seize Technology
Kelco Industries
Denver Rubber
Lubchem
EGC
Chesterton
Sur-Seal
James Walker

Key Questions Addressed in this Report

What is the 10-year outlook for the global Compression Packing for Pumps market?

What factors are driving Compression Packing for Pumps market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Compression Packing for Pumps market opportunities vary by end market size?

How does Compression Packing for Pumps break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.