Market Overview:
The global packing materials for pumps 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 pumps across various industries, such as chemical industry, oil and gas industry, mining industry, and food and beverage processing industry. In addition, the growing awareness about energy efficiency is also propelling the growth of this market. On the basis of application, this market can be segmented into chemical industry, oil and gas industry, mining industry,, food and beverage processing Industry,, water treatment plants,, power generation plants,, HVAC systems (heating ventilation air conditioning),and others segments. Geographically speaking,. North America dominates this market followed by Europe due To high demand from end-use industries in these regions. Asia Pacific is projected to grow at a highest CAGR during forecast period owing to rapid industrialization in countries such as China India.
Product Definition:
Packing materials for pumps are used to prevent the entry of foreign particles and moisture into the pump while it is in operation. The packing materials also help to lubricate the shaft of the pump.
Graphite:
graphite is black carbon, the most stable form of carbon with an extremely high content of the element. It has a structure similar to that of diamonds and is produced in huge quantities as a result of coal being the major source for energy across the globe.
PTFE:
It has excellent chemical resistance, high tensile strength, and low surface energy. PTFE is widely used in the manufacturing of various packing materials for pumps including suction and discharge pipe as well as diaphragms owing to its properties such as no corrosion, no galling, flexibility at extreme temperatures along with easy installation and maintenance.
Application Insights:
The chemical industry accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growth of this application can be attributed to factors such as increasing demand for chemicals, growing population, and industrialization.
The oil and gas industry is also anticipated to witness significant growth over the forecast period owing to factors such as rapid urbanization leading to increased drilling activities in developing countries like China, India & Brazil. Furthermore, technological advancements coupled with high efficiency PTFE coatings are further expected fuel product demand from this sector during the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to the high demand from China, India, and Japan. The region is expected to witness significant growth over the forecast period on account of increasing investments in construction and chemical industries. In addition, rising population coupled with rapid urbanization has led to an increase in food processing industry which will drive product demand further.
Europe accounted for a major share of revenue due to stringent regulations by environmental protection agencies regarding carbon emissions caused during pump manufacturing process. This factor is anticipated to hinder market growth over the forecast period as comparedto Asia Pacific region which will expand at a CAGR of XX% from 2018 To 2030 on account of growing economies such as China and India along with other developing countries such as Indonesia, Vietnam etc.).
Growth Factors:
- Increasing demand for pumps in various industries such as water and wastewater, oil and gas, chemical processing, and power generation is expected to drive the growth of the packing materials for pumps market.
- Growing investments in infrastructure development projects worldwide is also anticipated to fuel the demand for pumps, which in turn is expected to boost the packing materials market during the forecast period.
- Rising awareness about energy-efficient pump systems among consumers is projected to create new opportunities for players operating in this market over the next few years.
- The increasing use of composites as packing materials due to their superior properties such as high strength-to-weight ratio and corrosion resistance is likely to propel market growth during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Packing Materials for Pumps Market Research Report
By Type
Graphite, PTFE, Others
By Application
Chemical Industry, Oil and Gas Industry, Mining Industry, Food and Beverage Processing Industry
By Companies
John Crane, Sunwellseals, Daemar Inc, Garlock, SEPCO, Delmar Company, FTL Technology, Utex Industries, Flexitallic, Lamons, John Crane, Slade, Carrara, WL GORE&ASSOCIATES, JM, DONIT TESNIT, American Braiding & Manufacturing, James Walker, LATTY INTERNATIONAL, SPECO, Chesterton, Teadit, Palmetto Packings, Klinger
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
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Packing Materials for Pumps Market Report Segments:
The global Packing Materials for Pumps market is segmented on the basis of:
Types
Graphite, PTFE, 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
Chemical Industry, Oil and Gas Industry, Mining Industry, Food and Beverage Processing Industry
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
- Sunwellseals
- Daemar Inc
- Garlock
- SEPCO
- Delmar Company
- FTL Technology
- Utex Industries
- Flexitallic
- Lamons
- John Crane
- Slade
- Carrara
- WL GORE&ASSOCIATES
- JM
- DONIT TESNIT
- American Braiding & Manufacturing
- James Walker
- LATTY INTERNATIONAL
- SPECO
- Chesterton
- Teadit
- Palmetto Packings
- Klinger
Highlights of The Packing Materials for Pumps 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:
- Graphite
- PTFE
- Others
- By Application:
- Chemical Industry
- Oil and Gas Industry
- Mining Industry
- Food and Beverage Processing Industry
- 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 Packing Materials for Pumps 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?
Packing materials for pumps include packing peanuts, bubble wrap, and styrofoam.
Some of the key players operating in the packing materials for pumps market are John Crane, Sunwellseals, Daemar Inc, Garlock, SEPCO, Delmar Company, FTL Technology, Utex Industries, Flexitallic, Lamons, John Crane, Slade, Carrara, WL GORE&ASSOCIATES, JM, DONIT TESNIT, American Braiding & Manufacturing, James Walker, LATTY INTERNATIONAL, SPECO, Chesterton, Teadit, Palmetto Packings, Klinger.
The packing materials for pumps 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 Packing Materials for Pumps 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 Packing Materials for Pumps Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Packing Materials for Pumps 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 Packing Materials for Pumps 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 Packing Materials for Pumps Market Size & Forecast, 2018-2028
4.5.1 Packing Materials for Pumps Market Size and Y-o-Y Growth
4.5.2 Packing Materials for Pumps Market Absolute $ Opportunity
Chapter 5 Global Packing Materials for Pumps 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 Packing Materials for Pumps Market Size Forecast by Type
5.2.1 Graphite
5.2.2 PTFE
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Packing Materials for Pumps 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 Packing Materials for Pumps Market Size Forecast by Applications
6.2.1 Chemical Industry
6.2.2 Oil and Gas Industry
6.2.3 Mining Industry
6.2.4 Food and Beverage Processing Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Packing Materials for Pumps 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 Packing Materials for Pumps 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 Packing Materials for Pumps Analysis and Forecast
9.1 Introduction
9.2 North America Packing Materials for Pumps 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 Packing Materials for Pumps Market Size Forecast by Type
9.6.1 Graphite
9.6.2 PTFE
9.6.3 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 Packing Materials for Pumps Market Size Forecast by Applications
9.10.1 Chemical Industry
9.10.2 Oil and Gas Industry
9.10.3 Mining Industry
9.10.4 Food and Beverage Processing Industry
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 Packing Materials for Pumps Analysis and Forecast
10.1 Introduction
10.2 Europe Packing Materials for Pumps 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 Packing Materials for Pumps Market Size Forecast by Type
10.6.1 Graphite
10.6.2 PTFE
10.6.3 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 Packing Materials for Pumps Market Size Forecast by Applications
10.10.1 Chemical Industry
10.10.2 Oil and Gas Industry
10.10.3 Mining Industry
10.10.4 Food and Beverage Processing Industry
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 Packing Materials for Pumps Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Packing Materials for Pumps 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 Packing Materials for Pumps Market Size Forecast by Type
11.6.1 Graphite
11.6.2 PTFE
11.6.3 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 Packing Materials for Pumps Market Size Forecast by Applications
11.10.1 Chemical Industry
11.10.2 Oil and Gas Industry
11.10.3 Mining Industry
11.10.4 Food and Beverage Processing Industry
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 Packing Materials for Pumps Analysis and Forecast
12.1 Introduction
12.2 Latin America Packing Materials for Pumps 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 Packing Materials for Pumps Market Size Forecast by Type
12.6.1 Graphite
12.6.2 PTFE
12.6.3 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 Packing Materials for Pumps Market Size Forecast by Applications
12.10.1 Chemical Industry
12.10.2 Oil and Gas Industry
12.10.3 Mining Industry
12.10.4 Food and Beverage Processing Industry
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) Packing Materials for Pumps Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Packing Materials for Pumps 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) Packing Materials for Pumps Market Size Forecast by Type
13.6.1 Graphite
13.6.2 PTFE
13.6.3 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) Packing Materials for Pumps Market Size Forecast by Applications
13.10.1 Chemical Industry
13.10.2 Oil and Gas Industry
13.10.3 Mining Industry
13.10.4 Food and Beverage Processing Industry
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 Packing Materials for Pumps Market: Competitive Dashboard
14.2 Global Packing Materials for Pumps Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 John Crane
14.3.2 Sunwellseals
14.3.3 Daemar Inc
14.3.4 Garlock
14.3.5 SEPCO
14.3.6 Delmar Company
14.3.7 FTL Technology
14.3.8 Utex Industries
14.3.9 Flexitallic
14.3.10 Lamons
14.3.11 John Crane
14.3.12 Slade
14.3.13 Carrara
14.3.14 WL GORE&ASSOCIATES
14.3.15 JM
14.3.16 DONIT TESNIT
14.3.17 American Braiding & Manufacturing
14.3.18 James Walker
14.3.19 LATTY INTERNATIONAL
14.3.20 SPECO
14.3.21 Chesterton
14.3.22 Teadit
14.3.23 Palmetto Packings
14.3.24 Klinger
