Market Overview:
The global pump 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 pumps across various industries, such as oil & 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 pump 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 dominant share in 2017 and is projected to maintain its dominance during the forecast period as well. This can be attributed to their low cost and easy installation process compared with other types of Mechanical Seals . Based on application ,the global pump Mechanical Seals Market can be segmented into oil & gas industry ,electricity generation industry ,chemical industry and others .
Product Definition:
Pump Mechanical Seals are devices that prevent the fluid from leaking out of the pump and into the environment.
Single End:
Single-end is a type of pump mechanical seal that uses one or more than one impeller to move fluid. The seals are used in various applications such as water and wastewater treatment plants, oil refineries, food processing plants among others. Single end pumps can be sub-divided into axial flow, centrifugal flow and mixed flow pumps.
Double-Sided:
Double-sided mechanical seals are used in pump mechanical seals market. It is a two-piece assembly made up of high strength polyurethane material that provides reliability, long life, and excellent sealing performance under most operating conditions. The other side of the seal contains an oring that seats against the surface on which it is to operate thus creating an airtight seal.
The major application areas for double-sided mechanical seals include automotive & transportation, aerospace & defense.
Application Insights:
The oil & gas application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The rising demand for crude oil and natural gas from various end-use industries including chemical, petrochemical, power generation, etc., is expected to drive product demand over the coming years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness moderate growth over the forecast period owing to a decline in oil and gas activities due to low crude oil prices. In addition, stringent government regulations regarding carbon emission are anticipated to negatively impact the manufacturing sector of this region.
Europe accounted for a significant share of revenue in 2017 owing to high demand from several major end-use industries including chemical, petrochemical, power generation and others. However, sluggish growth of key sectors such as construction and energy may hamper market development during the forecast period.
Asia Pacific is projected to be one of the fastest-growing regions over the next eight years on account rising population coupled with rapid industrialization especially in China and India along with other South East Asian countries which will result into increased demand for pumps mechanical seals across various applications at both domestic level as well as international level trade routes between Asia Pacific countries & U S A & Canada & Europe etc).
Growth Factors:
- Increasing demand from end-use industries such as oil & gas, power generation, and chemical processing is expected to drive the pump mechanical seals market growth.
- Rising investments in infrastructure development projects worldwide is also anticipated to boost the pump mechanical seals market growth over the forecast period.
- Growing awareness about energy conservation and its benefits is projected to propel the pump mechanical seals market demand in the near future.
- Technological advancements in pump design and seal technology are likely to create new opportunities for this market during the forecast period. 5) The increasing use of renewable sources of energy such as solar and wind power is also expected to fuel demand for pump mechanical seals over the next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Pump 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, Colossus, 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 Pump Mechanical Seals Market Report Segments:
The global Pump 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
- Colossus
- Sulzer
- Flex-A-Seal
- Chesterton
- Valmet
- Ekato
- Xi'an Yonghua
- Fluiten
- James Walker
- Huayang Seals
- Huhnseal AB
Highlights of The Pump 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 Pump 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?
Pump Mechanical Seals are a type of seal used in pumps to prevent the entry of air and fluid. They are made from a variety of materials, including rubber, metal, and plastic. Pump Mechanical Seals are often used in conjunction with other types of seals to create an effective pump system.
Some of the major players in the pump 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, Huayang Seals, Huhnseal AB.
The pump 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 Pump 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 Pump Mechanical Seals Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pump 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 Pump 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 Pump Mechanical Seals Market Size & Forecast, 2018-2028
4.5.1 Pump Mechanical Seals Market Size and Y-o-Y Growth
4.5.2 Pump Mechanical Seals Market Absolute $ Opportunity
Chapter 5 Global Pump 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 Pump Mechanical Seals 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 Pump 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 Pump Mechanical Seals 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 Pump 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 Pump 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 Pump Mechanical Seals Analysis and Forecast
9.1 Introduction
9.2 North America Pump 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 Pump Mechanical Seals 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 Pump Mechanical Seals 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 Pump Mechanical Seals Analysis and Forecast
10.1 Introduction
10.2 Europe Pump 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 Pump Mechanical Seals 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 Pump Mechanical Seals 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 Pump Mechanical Seals Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Pump 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 Pump Mechanical Seals 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 Pump Mechanical Seals 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 Pump Mechanical Seals Analysis and Forecast
12.1 Introduction
12.2 Latin America Pump 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 Pump Mechanical Seals 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 Pump Mechanical Seals 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) Pump Mechanical Seals Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Pump 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) Pump Mechanical Seals 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) Pump Mechanical Seals 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 Pump Mechanical Seals Market: Competitive Dashboard
14.2 Global Pump 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 Huayang Seals
14.3.21 Huhnseal AB
