ReportsWeb.com published “Mechanical Seals Market” from its database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Worldwide Mechanical Seals Market 2015 Trend, Analysis and Overview
1. Global Mechanical Seals Market - Industry Analysis 2015-2019
Website : www.reportsweb.com
No of Pages: 64
Published: Oct 2015
Single User PDF: US$ 2500
Publisher : Infiniti Research
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Introduction
Mechanical seals are widely used in the oil and gas, chemical, water and wastewater, and power industries as they
prevent leakage of industrial contaminants as well as corrosion and fatigue that can reduce the efficiency and cycle
life of the equipment. They also play a crucial role in the production and transportation process in the oil and gas
industry, making it a significant end-user of this market. The global mechanical seals market is expected to grow at a
CAGR of over 9% during the forecast period.
The discovery of shale gas production also plays a significant role in boosting the demand for mechanical seals, as it
has triggered oil production and exploration activities, especially in the US. Similarly, even modern hydrocarbon
processing plants require highly reliable seals to limit the leakage of fluids. Therefore, these developments will bode
well for the market growth during the forecast period.
Global Mechanical Seals Market - Industry Analysis 2015-2019
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Segmentation of the mechanical seals market by end-user
Oil and gas
General industries
Chemical
Water
Power
Others
The oil and gas industry is the largest revenue generator of the mechanical seals market due to increase in
production of shale gas in developed and developing countries and is expected to remain at the top till the end of
the forecasted period. Factors such as new oil and gas exploration activities coupled with extensive investment in
pipelines and refineries in the Americas, the Middle East, Africa, and the APAC region will further escalate the
market growth.
Geographical segmentation of the mechanical seals market
Americas
APAC
EMEA
Due to rise in urbanization and industrialization, the APAC region accounted for the highest share and will continue
till the end of the forecasted period. Publisher's market research analysts also note that China will play an essential
role in fueling the demand for mechanical seals as it has increased oil and gas production to fulfill its rising energy
demand.
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Global Mechanical Seals Market - Industry Analysis 2015-2019
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Competitive landscape and key vendors
Vendors are presenting new technologies into the market with a view to boost condition monitoring of mechanical
seals, which is a major trend in the market. For instance, the introduction of sensor integration and strain gauges
represent methods to execute onboard testing and monitoring systems that are used to assess structural health of
mechanical seal assemblies.
The major vendors in this market are -
Chesterton
EagleBurgmann
Flowserve
Flex-a-Seal
John Crane
Other prominent vendors included in this report are Bal Seal Engineering, Cooper-Standard, Federal-Mogul,
Flexitallic Group, Garlock Sealing Technology, Henniges Automotive Sealing Systems, Hutchinson Sealing Systems,
Timken, and Trelleborg.
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Global Mechanical Seals Market - Industry Analysis 2015-2019
5. Contact Us : +91-20-67278686 | E-Mail : sales@reportsweb.com
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