Global Mechanical Seals Market: Size, Share, Market Segmentation By Product Type, By Arrangement, By Design, By End-User & by Region with Forecast 2017-2030

Global Mechanical Seals Market Overview

Mechanical seals are used to prevent the leakage of liquids. Mechanical seals are largely used in oil and petrochemical industries. The material used in the manufacturing of mechanical seals is as per the end-user industry. The rising environmental regulation related to industrial emissions is increasing the demand for mechanical seals, majorly from the oil and gas industry. The oil and gas exploration and the transportation through pipelines are highly impacting the demand for mechanical seals. Moreover, the industrial shift towards adaptation of advanced technologies is spurring the growth of mechanical seals market. Further, the expected decline of oil and gas industry in future due to rising concerns over non-renewable sources of energy seems to negatively impact the demand for mechanical seals in the industry.

Global Mechanical Seals Market Segmentation

By Product Type

• Split Seals
• Cartridge Seals
• Cassette Seals
• Dry Gas Seal
• Others (Slurry Seals, Bellows Seals, etc.)

By Arrangement

• Single
• Double

By Design

• Balanced and Unbalanced Mechanical Seals
• Single Spring & Multiple Spring Mechanical Seals
• Pusher Type & Non-Pusher Type Mechanical Seals

By End-User

• Oil and Gas Industry
• Chemical Industry
• Water Industry
• Energy Sector
• Others

By Geography

• North America (U.S. & Canada)  Mechanical Seals Market {Market Share (%), Market Size (USD Billion)}
• Latin America (Brazil, Mexico, Argentina & Rest Of Latin America)  Mechanical Seals Market {Market Share (%), Market Size (USD Billion)}
• Europe (The U.K., Germany, France, Italy, Hungary, Spain, Poland, Sweden & Roe)  Mechanical Seals Market {Market Share (%), Market Size (USD Billion)}
• Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest Of Asia)  Mechanical Seals Market {Market Share (%), Market Size (USD Billion)}
• The Middle East & Africa (GCC, South Africa, North Africa, Romea) Mechanical Seals Market {Market Share (%), Market Size (USD Billion)}

Market Size & Forecast to 2030

Goldstein Market Intelligence analyst forecast that the global mechanical seals market is set to grow at a CAGR of 4.8% over the forecast period (2017-2030).

Based on arrangement, Single mechanical seals segment accounted for the large market share of 56.1% in 2017 on the back of its best suitability in the conditions where chemicals are up to 250F and help in cooling and lubricating the seal components.

Based on geography, North America region accounted for the largest market share of 38.9% in 2017 closely followed by Europe on the back of large application of mechanical seals over the different industries. Asia-Pacific and the Middle East is the next opportunistic region for the growth of mechanical seals market, expected to grow at a CAGR of 5.2% and 5.0% respectively over the forecast period.

Covered In This Global Mechanical Seals Market Report

The report covers the present ground scenario and the future growth prospects of the mechanical seals market for 2017-2030 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in the Global region.

Global Mechanical Seals Market Outlook 2017-2030, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the Global mechanical seals market space. The report also includes Porter's five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “Global Mechanical Seals Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide a competitive advantage to the existing and new entry players.

Key Market Players

Our Global mechanical seals market report comprises of the following companies as the key players.

• AW Chesterton Company
• EagleBurgmann India Private Limited
• Flex-a-seal
•  John Crane Group
• Bal Seal Engineering
• Cooper-Standard
• Flowserve Corporation
•  Federal-Mogul
•  Flexitallic Group
• Henniges Automotive Sealing Systems
• Garlock Sealing Technology, etc.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the farm market. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key questions answered in this Global Mechanical Seals Market Report

• What is the total market size by 2030 and what would be the expected growth rate of the market?
• What is the total revenue per segment and region in 2016-17 and what would be the expected revenue per segment and region over the forecast period?
• What are the key market trends?
• What are the factors which are driving this market?
• What are the major barriers to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities for the existing and entry-level players?
• What are the recent developments and business strategy of the key players?

Reasons to buy this market study

• Facilitate decision-making based on strong historic and forecast data for global mechanical seals market
• Develop strategies based on the latest regulatory framework
• Position yourself to gain the maximum advantage of the global mechanical seals market’s growth potential
• Identify key partners and business development avenues across the globe
• Respond to your competitors’ business structure, strategy, and prospects.