Mechanical Seals Market Size And Growth Up To 2019 : Radiant Insights, Inc

Mechanical Seals Market Size And Growth Up To 2019 : Radiant Insights, Inc

Mechanical Seals Market 2019: Application
Analysis, Competitive Insights And Forecasts
Report, 2019: Radiant Insights, Inc
Market outlook of the global mechanical seals market
Mechanical seals are widely used in the oil and gas, chemical, water and wastewater, and power
industries as they prevent leakage of industrial contaminants as well as corrosion and fatigue that can
reduce the efficiency and cycle life of the equipment. They also play a crucial role in the production and
transportation process in the oil and gas industry, making it a significant end-user of this market. The
global mechanical seals market is expected to grow at a CAGR of over 9% during the forecast period.
The discovery of shale gas production also plays a significant role in boosting the demand for mechanical
seals, as it has triggered oil production and exploration activities, especially in the US. Similarly, even
modern hydrocarbon processing plants require highly reliable seals to limit the leakage of fluids.
Therefore, these developments will bode well for the market growth during the forecast period.
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Segmentation of the mechanical seals market by end-user
Oil and gas
General industries
Chemical
Water
Power
Others
The oil and gas industry is the largest revenue generator of the mechanical seals market due to increase in
production of shale gas in developed and developing countries and is expected to remain at the top till the
end of the forecasted period. Factors such as new oil and gas exploration activities coupled with extensive
investment in pipelines and refineries in the Americas, the Middle East, Africa, and the APAC region will
further escalate the market growth.
Geographical segmentation of the mechanical seals market
Americas
APAC
EMEA
Due to rise in urbanization and industrialization, the APAC region accounted for the highest share and
will continue till the end of the forecasted period. Technavio's market research analysts also note that
China will play an essential role in fueling the demand for mechanical seals as it has increased oil and gas
production to fulfill its rising energy demand.
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Competitive landscape and Key vendors
Vendors are presenting new technologies into the market with a view to boost condition monitoring of
mechanical seals, which is a major trend in the market. For instance, the introduction of sensor integration
and strain gauges represent methods to execute onboard testing and monitoring systems that are used to
assess structural health of mechanical seal assemblies.
The major vendors in this market are Chesterton
EagleBurgmann
Flowserve
Flex-a-Seal
John Crane
Other prominent vendors included in this report are Bal Seal Engineering, Cooper-Standard, FederalMogul, Flexitallic Group, Garlock Sealing Technology, Henniges Automotive Sealing Systems,
Hutchinson Sealing Systems, Timken, and Trelleborg.
Key questions answered in the report include
What will the market size and the growth rate be in 2019?
What are the key factors driving the global mechanical seals market?
What are the key Market trends impacting the growth of the global mechanical seals market?
What are the challenges to market growth?
Who are the Key vendors in the global mechanical seals market?
What are the market opportunities and threats faced by the vendors in the global mechanical seals market?
Trending factors influencing the market shares of the APAC, EMEA, and the Americas.
What are the key outcomes of the five forces analysis of the global mechanical seals market?
Technavio also offers customization on reports based on specific client requirement.
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Related reports
Gasket and Seal Market in the US 2015-2019
Global Form Fill and Sealing (FFS) Equipment Market 2015-2019
Global Automotive Seals and Gaskets Market 2014-2018
Pneumatic and Sealing Products Market in China 2012-2016
Table of Contents
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market size and forecast
Five forces analysis
PART 06: Market segmentation by end-users
Global mechanical seals market by end-users
Global mechanical seals market by oil and gas industry
Global mechanical seals market by chemical industry
Global mechanical seals market by power industry
Global mechanical seals market by water and wastewater industry
Global mechanical seals market by others
PART 07: Geographical segmentation
Global mechanical seals market by geography
Mechanical seals market in APAC
Mechanical seals market in EMEA
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Mechanical seals market in the Americas
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
Key vendors
Other prominent vendors
PART 14: Key vendor analysis
Chesterton
EagleBurgmann
Flowserve
Flex-a-Seal
John Crane
PART 15: Appendix
List of abbreviations
PART 16: Explore Technavio
List of Exhibits
Exhibit 01: Segmentation of global mechanical seals market
Exhibit 02: Segmentation of global mechanical seals market by end-users
Exhibit 03: Segmentation of global mechanical seals market by geography
Exhibit 04: Types of mechanical seals
Exhibit 05: Global mechanical seals market 2014-2019 ($ billions)
Exhibit 06: Five forces analysis
Exhibit 07: Global mechanical seals market by end-users
Exhibit 08: Global mechanical seals market by oil and gas industry 2014-2019 ($ millions)
Exhibit 09: Global mechanical seals market by chemical industry 2015-2019 ($ millions)
Exhibit 10: Global mechanical seals market by power 2015-2019 ($ millions)
Exhibit 11: Global mechanical seals market by water and wastewater industry 2015-2019 ($ millions)
Exhibit 12: World water consumption (billion m
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