Market Overview:
The global compressor mechanical seals market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for compressed air in various industries, such as oil and gas, electricity, chemical industry, and others. In addition, the growing awareness about energy efficiency is also propelling the growth of this market. Based on type, the global compressor mechanical seals market can be segmented into single end mechanical seals, double-sided mechanical seals, and multi-faceted mechanical seals. Among these segments, single end Mechanical Seals held a major share of the global compressor Mechanical Seals Market in 2017 and is projected to grow at a CAGR of 5% during the forecast period from 2018 to 2030. This growth can be attributed to its low installation cost as compared with other types of Mechanical Seals available in the market.
Product Definition:
Compressor Mechanical Seals are devices that prevent fluid leakage from a compressor. They are typically made of metal or elastomer and fitted into a groove on the shaft of the compressor. The seal is compressed between the shaft and the housing, preventing fluid from leaking out around the shaft.
Single End:
Single-end is a type of seal used in compressor mechanical seals market. It is also known as 1-piece or single-ended mechanical seal and it has only one end that faces the compressive force. The other end of the seal consists of an O-ring that ensures water tightness between two surfaces.
Double-Sided:
Double-sided mechanical seals are used in compressor mechanical seal market to avoid leakage and pressure loss. Compressor is the machine which increases the flow of a fluid by reducing its pressure. The working principle of compressor is based on suction and discharge side of a valve, through which air or another gas medium flows into an enclosed space, where it is compressed to high pressures.
The compression process involves two sides: suction.
Application Insights:
The oil & gas application segment accounted for the largest share of over 30.0% in 2017 and is expected to witness significant growth during the forecast period. The rising demand for compressors in onshore and offshore oil & gas projects along with an increase in production activities across various regions is anticipated to drive the market growth over the forecast period.
Compressor mechanical seals are used in a wide range of applications including chemical industry, power generation, municipal wastewater treatment plants, natural gas compression stations, petrochemical plants as well as pharmaceutical industries among others which include industrial machinery and equipment manufacturing sector.
Increasing investments by governments across various countries towards renewable energy sources such as wind turbines coupled with growing concerns regarding greenhouse emissions have led to increased focus on reducing carbon footprints thereby driving compressor mechanical seal demand globally over recent years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. These countries are witnessing strong economic growth owing to various factors such as low population density; high availability of natural resources; rapid industrialization coupled with government initiatives for infrastructure development.
The Asia Pacific region has a large number of oil & gas reserves which require continuous maintenance and repair works on account of extensive usage across various end-use industries such as transportation sector and manufacturing facilities. This will lead to an increase in demand for compressors mechanical seals over the forecast period.
Growth Factors:
- Increasing demand for energy-efficient equipment
- Rising industrialization and urbanization in developing countries
- Growing investments in infrastructure development projects
- Proliferation of new technologies and replacement of aging equipment
- Stringent environmental regulations
Scope Of The Report
Report Attributes
Report Details
Report Title
Compressor Mechanical Seals Market Research Report
By Type
Single End, Double-Sided, Multi-Faceted
By Application
Oil& Gas, Electricity, Chemical Industry, Others
By Companies
John Crane, EagleBurgmann, Flowserve, AESSEAL, Meccanotecnica Umbra, VULCAN, Garlock, Sunnyseal, Oerlikon Balzers, KSB, John Crane, Sulzer, Flex-A-Seal, Chesterton, Valmet, Ekato, Xi'an Yonghua, Fluiten, James Walker, Huayang Seals, Huhnseal AB
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
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Compressor Mechanical Seals Market Report Segments:
The global Compressor Mechanical Seals market is segmented on the basis of:
Types
Single End, Double-Sided, Multi-Faceted
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, Electricity, 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
- John Crane
- Sulzer
- Flex-A-Seal
- Chesterton
- Valmet
- Ekato
- Xi'an Yonghua
- Fluiten
- James Walker
- Huayang Seals
- Huhnseal AB
Highlights of The Compressor 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:
- Single End
- Double-Sided
- Multi-Faceted
- By Application:
- Oil& Gas
- Electricity
- 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 Compressor 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?
Compressor Mechanical Seals are a type of seal that is used on compressors to keep the air inside the compressor from escaping.
Some of the key players operating in the compressor mechanical seals market are John Crane, EagleBurgmann, Flowserve, AESSEAL, Meccanotecnica Umbra, VULCAN, Garlock, Sunnyseal, Oerlikon Balzers, KSB, John Crane, Sulzer, Flex-A-Seal, Chesterton, Valmet, Ekato, Xi'an Yonghua, Fluiten, James Walker, Huayang Seals, Huhnseal AB.
The compressor mechanical seals market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Compressor 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 Compressor Mechanical Seals Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Compressor 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 Compressor 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 Compressor Mechanical Seals Market Size & Forecast, 2020-2028
4.5.1 Compressor Mechanical Seals Market Size and Y-o-Y Growth
4.5.2 Compressor Mechanical Seals Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Single End
5.2.2 Double-Sided
5.2.3 Multi-Faceted
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Oil& Gas
6.2.2 Electricity
6.2.3 Chemical Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Compressor 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 Compressor 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Single End
9.6.2 Double-Sided
9.6.3 Multi-Faceted
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 Market Size Forecast by Applications
9.10.1 Oil& Gas
9.10.2 Electricity
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Single End
10.6.2 Double-Sided
10.6.3 Multi-Faceted
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 Market Size Forecast by Applications
10.10.1 Oil& Gas
10.10.2 Electricity
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Single End
11.6.2 Double-Sided
11.6.3 Multi-Faceted
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 Market Size Forecast by Applications
11.10.1 Oil& Gas
11.10.2 Electricity
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Single End
12.6.2 Double-Sided
12.6.3 Multi-Faceted
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 Market Size Forecast by Applications
12.10.1 Oil& Gas
12.10.2 Electricity
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Single End
13.6.2 Double-Sided
13.6.3 Multi-Faceted
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) Market Size Forecast by Applications
13.10.1 Oil& Gas
13.10.2 Electricity
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 Compressor Mechanical Seals Market: Competitive Dashboard
14.2 Global Compressor 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 John Crane
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 Huayang Seals
14.3.21 Huhnseal AB
