Market Overview:
The global chemical transport seals market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for chemical transportation and rising awareness about safety and security measures during transportation. Based on type, the discharge valves seals segment is projected to lead the global chemical transport seals market during the forecast period. This can be attributed to their ability to prevent leakage of chemicals and protect equipment from damage. Based on application, the tanker truck segment is projected to lead the global chemical transport seals market during the forecast period.
Product Definition:
Chemical Transport Seals are used to keep the environment in a process vessel clean and free of contaminants. The seals prevent chemicals from escaping the vessel and also ensure that no new contaminants can enter.
Discharge Valves Seals:
Discharge valves seals, also known as check valves or safety valves, are used to control the flow of fluid in a closed system. They are mainly installed in process industries such as petrochemical and chemical plants where it is important to regulate the pressure and prevent accidents. These devices operate on various principles such as lift assist, diaphragm operation or piston-type operation.
Pump Seals:
Pump seals are used in the chemical industry to prevent leakage or loss of liquid chemicals. They are also used to control pressure and ensure safety during transportation, handling, storage and dispensing operations. Chemical pump seals provide a reliable seal around the body of various types of pumps including centrifugal, positive displacement, diaphragm and gear type pumps among others.
Application Insights:
The tank truck application segment led the global chemical transport seals market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for various products, including butane, propane, and crude oil from various industries across the globe.
ISO tank trucks are majorly used for transportation of liquid hydrocarbons such as petroleum products (diesel & petrol), chemicals & petrochemicals feedstock etc., which require protection against leakage during transit owing to their volatility nature resulting in high risk of pollution if not transported with due care and diligence. These types of trucks are widely utilized by companies that engage in long-distance transportation activities between refineries or processing plants along with other modes such as railway tankers or road tanker trucks depending upon volume/weight carried respectively.
Regional Analysis:
Asia Pacific was the dominant regional segment occupying over 45.0% of the total revenue share in 2017. The region is also anticipated to be the fastest-growing market for CBTS owing to rapid industrialization and growth of end-use industries, such as petrochemicals, oil & gas, and manufacturing sectors in emerging economies including China and India.
The presence of major chemical manufacturers coupled with availability of raw materials such as steel tubes at low cost has led Asia Pacific to dominate global chemical transport seals industry over the past few years.
In terms of volume, Europe accounted for a significant share owing mainly high product demand from several key countries including Germany Italy Spain U.K.
Growth Factors:
- Increasing demand for chemical transport seals from various end-use industries such as automotive, oil & gas, and water treatment
- Growing investments in research and development activities by key players to develop innovative products
- Rising popularity of chemical transport seals due to their superior performance characteristics over traditional mechanical seals
- Proliferation of online retail platforms that offer a wide range of chemical transport seals at competitive prices
- Growing awareness about the benefits of using chemical transport seals among end-users
Scope Of The Report
Report Attributes
Report Details
Report Title
Chemical Transport Seals Market Research Report
By Type
Discharge Valves Seals, Pump Seals, Man Lid and Access Hatch Seals, O-rings, Others
By Application
Tanker Truck, Railway Tanker, ISO Tank Truck
By Companies
DuPont, Trelleborg AB, Parker-Hannifin Corporation, TRP Polymer Solutions Ltd., VSP Technologies Inc., Pelican Worldwide B.V., PEROLO SAS, James Walker Group Limited, Zhenjiang Seasum International Trade Co., Ltd., Yuyao Tenglong Sealing & Packing Factory
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
139
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Chemical Transport Seals Market Report Segments:
The global Chemical Transport Seals market is segmented on the basis of:
Types
Discharge Valves Seals, Pump Seals, Man Lid and Access Hatch Seals, O-rings, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Tanker Truck, Railway Tanker, ISO Tank Truck
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DuPont
- Trelleborg AB
- Parker-Hannifin Corporation
- TRP Polymer Solutions Ltd.
- VSP Technologies Inc.
- Pelican Worldwide B.V.
- PEROLO SAS
- James Walker Group Limited
- Zhenjiang Seasum International Trade Co., Ltd.
- Yuyao Tenglong Sealing & Packing Factory
Highlights of The Chemical Transport Seals Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Discharge Valves Seals
- Pump Seals
- Man Lid and Access Hatch Seals
- O-rings
- Others
- By Application:
- Tanker Truck
- Railway Tanker
- ISO Tank Truck
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Chemical Transport Seals Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Chemical transport seals are a type of seal used to prevent the escape of chemicals and other fluid substances. They are made from a variety of materials, including rubber, plastic, and metal. Chemical transport seals are often used in industrial settings to protect workers from exposure to hazardous chemicals.
Some of the key players operating in the chemical transport seals market are DuPont, Trelleborg AB, Parker-Hannifin Corporation, TRP Polymer Solutions Ltd., VSP Technologies Inc., Pelican Worldwide B.V., PEROLO SAS, James Walker Group Limited, Zhenjiang Seasum International Trade Co., Ltd., Yuyao Tenglong Sealing & Packing Factory.
The chemical transport seals market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Chemical Transport Seals Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Chemical Transport Seals Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Chemical Transport Seals Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Chemical Transport Seals Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Chemical Transport Seals Market Size & Forecast, 2018-2028
4.5.1 Chemical Transport Seals Market Size and Y-o-Y Growth
4.5.2 Chemical Transport Seals Market Absolute $ Opportunity
Chapter 5 Global Chemical Transport Seals Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Chemical Transport Seals Market Size Forecast by Type
5.2.1 Discharge Valves Seals
5.2.2 Pump Seals
5.2.3 Man Lid and Access Hatch Seals
5.2.4 O-rings
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Chemical Transport Seals Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Chemical Transport Seals Market Size Forecast by Applications
6.2.1 Tanker Truck
6.2.2 Railway Tanker
6.2.3 ISO Tank Truck
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Chemical Transport Seals Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Chemical Transport Seals Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Chemical Transport Seals Analysis and Forecast
9.1 Introduction
9.2 North America Chemical Transport Seals Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Chemical Transport Seals Market Size Forecast by Type
9.6.1 Discharge Valves Seals
9.6.2 Pump Seals
9.6.3 Man Lid and Access Hatch Seals
9.6.4 O-rings
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Chemical Transport Seals Market Size Forecast by Applications
9.10.1 Tanker Truck
9.10.2 Railway Tanker
9.10.3 ISO Tank Truck
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Chemical Transport Seals Analysis and Forecast
10.1 Introduction
10.2 Europe Chemical Transport Seals Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Chemical Transport Seals Market Size Forecast by Type
10.6.1 Discharge Valves Seals
10.6.2 Pump Seals
10.6.3 Man Lid and Access Hatch Seals
10.6.4 O-rings
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Chemical Transport Seals Market Size Forecast by Applications
10.10.1 Tanker Truck
10.10.2 Railway Tanker
10.10.3 ISO Tank Truck
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Chemical Transport Seals Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Chemical Transport Seals Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Chemical Transport Seals Market Size Forecast by Type
11.6.1 Discharge Valves Seals
11.6.2 Pump Seals
11.6.3 Man Lid and Access Hatch Seals
11.6.4 O-rings
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Chemical Transport Seals Market Size Forecast by Applications
11.10.1 Tanker Truck
11.10.2 Railway Tanker
11.10.3 ISO Tank Truck
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Chemical Transport Seals Analysis and Forecast
12.1 Introduction
12.2 Latin America Chemical Transport Seals Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Chemical Transport Seals Market Size Forecast by Type
12.6.1 Discharge Valves Seals
12.6.2 Pump Seals
12.6.3 Man Lid and Access Hatch Seals
12.6.4 O-rings
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Chemical Transport Seals Market Size Forecast by Applications
12.10.1 Tanker Truck
12.10.2 Railway Tanker
12.10.3 ISO Tank Truck
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Chemical Transport Seals Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Chemical Transport Seals Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Chemical Transport Seals Market Size Forecast by Type
13.6.1 Discharge Valves Seals
13.6.2 Pump Seals
13.6.3 Man Lid and Access Hatch Seals
13.6.4 O-rings
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Chemical Transport Seals Market Size Forecast by Applications
13.10.1 Tanker Truck
13.10.2 Railway Tanker
13.10.3 ISO Tank Truck
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Chemical Transport Seals Market: Competitive Dashboard
14.2 Global Chemical Transport Seals Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DuPont
14.3.2 Trelleborg AB
14.3.3 Parker-Hannifin Corporation
14.3.4 TRP Polymer Solutions Ltd.
14.3.5 VSP Technologies Inc.
14.3.6 Pelican Worldwide B.V.
14.3.7 PEROLO SAS
14.3.8 James Walker Group Limited
14.3.9 Zhenjiang Seasum International Trade Co., Ltd.
14.3.10 Yuyao Tenglong Sealing & Packing Factory
