Market Overview:
The global mechanical 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 mechanical seals from various end-use industries, such as oil & gas, power industry, chemical industry, and others. In terms of type, compressor seals are expected to hold the largest share in the global mechanical seals market during the forecast period. This can be attributed to their growing demand from various end-use industries across different regions.
Product Definition:
A mechanical seal is a device that helps to stop the leakage of fluid between two objects while allowing one object to rotate relative to the other.
Compressor Seals:
Compressor seals are used in reciprocating compressors to avoid the risk of damage due to over-pressure. Compressor seals help in maintaining efficiency, reliability and service life of compressor. They also help in preventing leakage and vacuum loss which may result from a faulty seal or improper installation. Compressor seals can be classified as mechanical, hydraulic and pneumatic based on their functions which include protection against high/over-pressure, leakage & vacuum loss prevention respectively.
Pump MSeals:
Pump MSeals are manufactured from materials such as silicon nitride, ceramic and nylon. These mechanical seals have applications in pumps where high temperature and wear & tear conditions prevail. Pump MSeals are used to eliminate the risk of contamination, cavitation damage or pump failure due to loss of lubrication. They also help in maintaining efficiency by reducing friction between pump components resulting in increased throughput at a lower cost which is highly beneficial for industrial users with stringent quality standards.
Application Insights:
The oil & gas industry is estimated to be the largest application segment over the forecast period. The growth of this industry can be attributed to increasing global production levels of crude oil and natural gas. Components in this industry are exposed to extreme temperatures, pressure, and corrosion which requires a good sealing performance. Compressor seals are used in compressors for preventing leakage due to improper installation or maintenance procedures resulting in damage or loss of components. Pump MSeals are mainly used for cooling purposes on account of their small size and lightweight properties making them suitable where high speed is required with low power consumption such as centrifugal pumps, water jet pumps among others.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing industrialization and rapid urbanization in emerging economies such as China, India, and Indonesia. In addition, rising disposable income coupled with a growing population will drive demand for consumer goods which will further propel product demand in Asia Pacific.
The market in Europe was valued at USD X billion in 2016 owing to high consumption of components used across various end-use industries including oil & gas, power industry, automotive industry etc.
Growth Factors:
- Increasing demand from the oil and gas industry for reliable and efficient seals to prevent leakage is expected to drive the growth of the global mechanical seals market over the forecast period.
- Growing investments in power generation projects, especially in developing countries, is anticipated to boost demand for mechanical seals over the next few years.
- Rising awareness about energy conservation across various industries is projected to propel growth of the global mechanical seals market during the forecast period.
- The increasing use of renewable sources of energy such as solar and wind power is expected to create opportunities for players operating in this market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Components Mechanical Seals Market Research Report
By Type
Compressor Seals, Pump MSeals, Reactor Seals, Others
By Application
Oil & Gas, Power Industry, Chemical Industry, Others
By Companies
John Crane, EagleBurgmann, Flowserve, AESSEAL, Meccanotecnica Umbra, VULCAN, Garlock, Sunnyseal, Oerlikon Balzers, KSB, Colossus, Sulzer, Flex-A-Seal, Chesterton, Valmet, Ekato, Xi'an Yonghua, Fluiten, James Walker, Sinoseal Holding
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
173
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Components Mechanical Seals Market Report Segments:
The global Components Mechanical Seals market is segmented on the basis of:
Types
Compressor Seals, Pump MSeals, Reactor Seals, 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
Oil & Gas, Power Industry, Chemical Industry, Others
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:
- John Crane
- EagleBurgmann
- Flowserve
- AESSEAL
- Meccanotecnica Umbra
- VULCAN
- Garlock
- Sunnyseal
- Oerlikon Balzers
- KSB
- Colossus
- Sulzer
- Flex-A-Seal
- Chesterton
- Valmet
- Ekato
- Xi'an Yonghua
- Fluiten
- James Walker
- Sinoseal Holding
Highlights of The Components Mechanical 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:
- Compressor Seals
- Pump MSeals
- Reactor Seals
- Others
- By Application:
- Oil & Gas
- Power Industry
- Chemical Industry
- Others
- 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 Components Mechanical 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Components Mechanical Seals are a type of sealant used to create a watertight seal between two components. Components Mechanical Seals are available in both liquid and paste form, and can be used on metal or plastic parts.
Some of the major players in the components mechanical seals market are John Crane, EagleBurgmann, Flowserve, AESSEAL, Meccanotecnica Umbra, VULCAN, Garlock, Sunnyseal, Oerlikon Balzers, KSB, Colossus, Sulzer, Flex-A-Seal, Chesterton, Valmet, Ekato, Xi'an Yonghua, Fluiten, James Walker, Sinoseal Holding.
The components mechanical 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 Components Mechanical 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 Components Mechanical Seals Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Components Mechanical 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 Components Mechanical 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 Components Mechanical Seals Market Size & Forecast, 2018-2028
4.5.1 Components Mechanical Seals Market Size and Y-o-Y Growth
4.5.2 Components Mechanical Seals Market Absolute $ Opportunity
Chapter 5 Global Components Mechanical 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 Components Mechanical Seals Market Size Forecast by Type
5.2.1 Compressor Seals
5.2.2 Pump MSeals
5.2.3 Reactor Seals
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Components Mechanical 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 Components Mechanical Seals Market Size Forecast by Applications
6.2.1 Oil & Gas
6.2.2 Power Industry
6.2.3 Chemical Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Components Mechanical 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 Components Mechanical 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 Components Mechanical Seals Analysis and Forecast
9.1 Introduction
9.2 North America Components Mechanical 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 Components Mechanical Seals Market Size Forecast by Type
9.6.1 Compressor Seals
9.6.2 Pump MSeals
9.6.3 Reactor Seals
9.6.4 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 Components Mechanical Seals Market Size Forecast by Applications
9.10.1 Oil & Gas
9.10.2 Power Industry
9.10.3 Chemical Industry
9.10.4 Others
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 Components Mechanical Seals Analysis and Forecast
10.1 Introduction
10.2 Europe Components Mechanical 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 Components Mechanical Seals Market Size Forecast by Type
10.6.1 Compressor Seals
10.6.2 Pump MSeals
10.6.3 Reactor Seals
10.6.4 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 Components Mechanical Seals Market Size Forecast by Applications
10.10.1 Oil & Gas
10.10.2 Power Industry
10.10.3 Chemical Industry
10.10.4 Others
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 Components Mechanical Seals Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Components Mechanical 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 Components Mechanical Seals Market Size Forecast by Type
11.6.1 Compressor Seals
11.6.2 Pump MSeals
11.6.3 Reactor Seals
11.6.4 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 Components Mechanical Seals Market Size Forecast by Applications
11.10.1 Oil & Gas
11.10.2 Power Industry
11.10.3 Chemical Industry
11.10.4 Others
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 Components Mechanical Seals Analysis and Forecast
12.1 Introduction
12.2 Latin America Components Mechanical 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 Components Mechanical Seals Market Size Forecast by Type
12.6.1 Compressor Seals
12.6.2 Pump MSeals
12.6.3 Reactor Seals
12.6.4 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 Components Mechanical Seals Market Size Forecast by Applications
12.10.1 Oil & Gas
12.10.2 Power Industry
12.10.3 Chemical Industry
12.10.4 Others
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) Components Mechanical Seals Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Components Mechanical 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) Components Mechanical Seals Market Size Forecast by Type
13.6.1 Compressor Seals
13.6.2 Pump MSeals
13.6.3 Reactor Seals
13.6.4 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) Components Mechanical Seals Market Size Forecast by Applications
13.10.1 Oil & Gas
13.10.2 Power Industry
13.10.3 Chemical Industry
13.10.4 Others
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 Components Mechanical Seals Market: Competitive Dashboard
14.2 Global Components Mechanical Seals Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 John Crane
14.3.2 EagleBurgmann
14.3.3 Flowserve
14.3.4 AESSEAL
14.3.5 Meccanotecnica Umbra
14.3.6 VULCAN
14.3.7 Garlock
14.3.8 Sunnyseal
14.3.9 Oerlikon Balzers
14.3.10 KSB
14.3.11 Colossus
14.3.12 Sulzer
14.3.13 Flex-A-Seal
14.3.14 Chesterton
14.3.15 Valmet
14.3.16 Ekato
14.3.17 Xi'an Yonghua
14.3.18 Fluiten
14.3.19 James Walker
14.3.20 Sinoseal Holding
