Global Mechanical Seals Market Growth 2023-2029

Global Mechanical Seals Market Growth 2023-2029

A mechanical seal is a device that helps join systems or mechanisms together by preventing leakage (e.g. in a plumbing system), containing pressure, or excluding contamination. The effectiveness of a seal is dependent on adhesion in the case of sealants and compression in the case of gaskets.

LPI (LP Information)' newest research report, the “Mechanical Seals Industry Forecast” looks at past sales and reviews total world Mechanical Seals sales in 2022, providing a comprehensive analysis by region and market sector of projected Mechanical Seals sales for 2023 through 2029. With Mechanical Seals sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Mechanical Seals industry.

This Insight Report provides a comprehensive analysis of the global Mechanical Seals 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 Mechanical Seals portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Mechanical Seals market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Mechanical Seals 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 Mechanical Seals.

The global Mechanical Seals market size is projected to grow from US$ 3735.3 million in 2022 to US$ 4965.1 million in 2029; it is expected to grow at a CAGR of 4965.1 from 2023 to 2029.

The industry's leading producers are John Crane, EagleBurgmann and Flowserve, with revenues of 22.24%, 15.58% and 9.88%, respectively, in 2019.

This report presents a comprehensive overview, market shares, and growth opportunities of Mechanical Seals market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Compressor Mechanical Seals

Pump Mechanical Seals

Reactor Mechanical Seals

Others

Segmentation by application

Oil and Gas

Electricity

Chemical

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 analyzing the company's coverage, product portfolio, its market penetration.

John Crane

EagleBurgmann

Flowserve

AESSEAL

Garlock

Sunnyseal

Colossus

Torishima

KSB

Meccanotecnica Umbra

Oerlikon Balzers

Sulzer

Flex-A-Seal

Chesterton

Valmet

Ekato

Pillar

Xi'an Yonghua

Fluiten

Tanken Seal

Huhnseal AB

Key Questions Addressed in this Report

What is the 10-year outlook for the global Mechanical Seals market?

What factors are driving Mechanical Seals market growth, globally and by region?

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

How do Mechanical Seals market opportunities vary by end market size?

How does Mechanical Seals break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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