"High-Performance Seals Market Forecasts to 2028 – Global Analysis By Product (Rotary Shaft Seals Hydraulic and Fluid Seals, Oilfield Seals, Spring Seals, Pump Seals), Material (Plastics, Rubber, Silicone, Metal) and By Geography "
According to Stratistics MRC, the Global High-Performance Seals Market is accounted for $7,920.82 million in 2020 and is expected to reach $12,624.58 million by 2028 growing at a CAGR of 6.0% during the forecast period. Factors such as improvements in manufacturing capabilities in developing economies, growing automotive industry, and technological innovations are driving the growth of the market. However, growing use of pumps that do not need seals is hampering the growth of the market.
High-performance seals are used against high-pressure gases and liquid chemicals to withstand mechanical deformation. These seals are either machined or molded and are carefully designed using advanced simulation software.
Based on the product, the hydraulic and fluid seals segment is anticipated to expand at a rapid pace during the forecast period due to its extensive applications in a number of end user industries. By geography, Asia Pacific is going to have high growth during the forecast period which can be attributed to the rapid industrial development, along with the increasing foreign direct investments.
Some of the key players profiled in the High-Performance Seals Market include Parker Hannifin Corp , Dow, Freudenberg Sealing Technologies, Trelleborg Sealing Solutions, James Walker , SKF, Saint-Gobain Performance Plastics, John Crane, Hallite Seals, EagleBurgmann, Race-Tec Sealing Limited, Utex Industries, Dichtomatik, Repack-S, and Elastotech SA.
• Rotary Shaft Seals
• Hydraulic and Fluid Seals
• Oilfield Seals
• Spring Seals
• Pump Seals
End Users Covered:
• Aerospace and Defense
• Oil and Gas
• Power Generation
• Food & Beverage
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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