Press Release

Industrial Seals Market Size, Share, Price, Trend and Forecast – Fortune Business Insights

Industrial Seals Market Growth Projection to 2026 - Fortune Business Insights

As per the report, Industrial Seals Market Size, Share and Industry Analysis, By Type (Axial Seals, Radial Seals and Mechanical Seals), By Industry (Mining, Food and Beverage, Oil and Gas, Energy and Power, Aerospace, Marine, Construction, Others (Chemicals, etc.) and Regional Forecast, 2019-2026.”

The Global Industrial Seals Market was valued at USD 10.78 Billion in 2018 and is expected to reach USD 16. Billion by 2026, exhibiting a CAGR of 5.3%.

The report discusses in detail the segmentations and provides authentic data on account of the same. It also offers insights on the recent trends in the global Industrial sealing market and educates about several aspects such as market drivers, mergers and acquisitions, industrial developments and market players.

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Some of the leading companies Mentioned in the Industrial Seals Market Report are –

  • SKF (AB SKF)
  • Flowserve Corporation
  • John Crane (Smiths Group plc)
  • Trelleborg AB
  • EnPro Industries, Inc. (Garlock GmbH)
  • Dover Corporation (Waukesha Bearings)
  • SHV (ERIKS Group)
  • Freudenberg SE
  • Tenneco Inc. (Federal-Mogul LLC)
  • Fenner Group Holdings Limited (Hallite Seals)

Increasing Industrialization Will Create Growth opportunities

The surge in the industrial sector is expected to fuel demand for industrial sealing, which, will, in, turn, enable the growth of the global Industrial sealing market. The global industrial sealing market on the basis of type is segmented into axial seals, radial seals and mechanical seals. The radial seals is expected to account for maximum share in the global industrial sealing market during the forecast period owing to the rising adoption of contacting seals across several industries and the growing use of small diameter radial shaft (SDS) and large diameter shaft (LDS) in the end-use applications. In addition, the axial and mechanical seals segment is predicted to grow moderately owing to the industrial development in several developing nations and rising adoption of cartridge seals in multiple applications.

Agreement Between Shell and Flowserve Corporation Will Foster Growth

Flowserve Corporation came into a 5-year agreement with Shell (Australian Market) to facilitate general services for its Floating Liquefied Natural Gas (FLNG) facility. The FLNG produces natural gas from an offshore field in Western Australia. The agreement between the two companies will create lucrative growth opportunities for the global Industrial sealing market.

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Major Table of Contents – 

  1. Introduction
    1. Definition, By Segment
    2. Research Approach
    3. Sources
  2. Executive Summary
  3. Market Dynamics
    1. Drivers, Restraints and Opportunities
    2. Emerging Trends of Market
  4. Key Insights
    1. Macro and Micro Economic Factors
    2. Key Technological Developments
    3. Consolidated SWOT Analysis of Key Players
    4. Porter’s Five Forces Analysis
  5. Global Industrial Seals Market Analysis, Insights and Forecast, 2015-2026
    1. Key Findings / Summary
    2. Market Sizing Estimations and Forecasts – By Type (Value and Volume)
      1. Axial Seals
      2. Radial Seals
      3. Mechanical Seals
        1. Pusher and Non-pusher Seals
        2. Conventional Seals
        3. Balanced and Unbalanced Seals
        4. Cartridge
    3. Market Sizing Estimations and Forecasts – By End-use Industry (Value)
      1. Mining
      2. Food & Beverage
      3. Oil & Gas
      4. Energy and Power
      5. Aerospace
      6. Marine
      7. Construction
      8. Others (Chemicals, etc.)
    4. Market Analysis, Insights and Forecast – By Geography (Value and Volume)
      1. North America
      2. Europe
      3. Asia Pacific
      4. Middle East and Africa
      5. Latin America

Market Segmentation Of Industrial Seals Market –

By Type

  • Axial Seals
  • Radial Seals
  • Mechanical Seals
    • Pusher and Non-pusher
    • Conventional Seals
    • Balanced and Unbalanced Seals
    • Cartridge
  • By End-Use-Industry
  • By Geography

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