Mechanical Seal Market
Mechanical Seal Market Global Industry Assessment & Forecast
#
Pages:
169
2021
Nov - 2021
VMR-2021-0302
Segments Covered
By
Type Split Seals​, Cartridge Seals, ​Cassette Seals, Dry Gas Seal, Bellows Seals, Slurry Seals, ​Mixer S​​​​eals, Component Seals, Others
-
By
Application Oil and Gas, Chemical industry, Water and Wastewater industry, Power Industry, Pharmaceutical, Mining and Minerals, Food and Beverage, Others
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
3675.8 Million |
 Revenue 2028:
|
4700.7 Million |
 Revenue CAGR
(2021 - 2028): |
4 |
Fastest Growing Region (2022 -
2028)
|
Asia-Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
The report delivers an acute breakdown of the market based on various segments such as Type, Application, , and region. All the segments are studied considering historical and future trends across geographies. All the segments are analyzed based on trends, market size, and forecast, and the data is provided for the years 2016–2028. Several growth factors and opportunities impacting various segments have been incorporated in the report.
On the basis of Type, the market is divided into Split Seals​, Cartridge Seals, ​Cassette Seals, Dry Gas Seal, Bellows Seals, Slurry Seals, ​Mixer S​​​​eals, Component Seals, Others. Oxygen Respiratory Air held the largest share in 2020 and is projected to grow at a noteworthy CAGR within the forecast period.
Based on Application, the market is divided into Oil and Gas, Chemical industry, Water and Wastewater industry, Power Industry, Pharmaceutical, Mining and Minerals, Food and Beverage, Others. Healthcare attributed to the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.
Global Mechanical Seal Market: Type Segment Analysis
-
- Split Seals​
- Cartridge Seals
- ​Cassette Seals
- Dry Gas Seal
- Bellows Seals
- Slurry Seals
- ​Mixer S​​​​eals
- Component Seals
- Others
Global Mechanical Seal Market: Application Segment Analysis
-
- Oil and Gas
- Chemical industry
- Water and Wastewater industry
- Power Industry
- Pharmaceutical
- Mining and Minerals
- Food and Beverage
- Others
FAQ
Frequently Asked Question
What is the global demand for Mechanical Seal in terms of revenue?
-
The global Mechanical Seal valued at 3675.8 Million in 2020 and is expected to reach 4700.7 Million in 2028 growing at a CAGR of 4%.
Which are the prominent players in the market?
-
The prominent players in the market are Wuqiang Hongkun Machinery Supporting Equipment Co. Ltd., Zhangjiagang Jieyi Heavy Industry Co. Ltd.,Tianjin Jersonseal Co. Ltd,Jiashan Xinbeike Mechanical Seal Co. Ltd., Dongtai Guangming Mechanical Seal Co. Ltd., ZhangJiaGang Saisi Mechanical Seal Co. Ltd., Jiangsu Keao Fluid Technology Co. Ltd., Jiashan Yongli Mechanical Seal Co. Ltd., Zhejiang Tianying Mechanical Seal Co. Ltd., Zhejiang Lantian Mechanical Seal Co. Ltd..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 4% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Mechanical Seal include
- Improvement in the demand for these seals in various pumps and compressors applications is drivng the demand for Mechanical Seal Market.
- Decreases the maintenance and operation cost of the system and ensures leakage safety are the factors driving the Mechanical Seal Market.
Which region accounted for the largest share in the market?
-
Asia-Pacific was the leading regional segment of the Mechanical Seal in 2020.
