The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. A.W. Chesterton Co., Aesseal Plc, Anhui YALAN Seal Component Co. Ltd., EnPro Industries Inc., Flexaseal Engineered Seals and Systems, Flowserve Corp., Freudenberg SE, Leak-Pack Engineering (I) Pvt. Ltd., Meccanotecnica Umbra SPA, and Smiths Group Plc are some of the major market participants. The growth in aftermarket sales, rising adoption of renewable energy, and stringent emission regulations will offer immense growth opportunities. However, the increasing downtime due to leakages and frequent replacement will challenge the growth of the market participants.
Mechanical Seals Market 2023-2025: Segmentation
- End-user
- Oil And Gas
- General Industries
- Chemicals And Pharmaceuticals
- Water And Wastewater Treatment
- Others
- Geography
- APAC
- North America
- Europe
- MEA
- South America
Mechanical Seals Market 2023-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our mechanical seals market report covers the following areas:
Mechanical Seals Market 2023-2025: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the Mechanical Seals Market. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Mechanical Seals Market 2023-2025: Key Highlights
- CAGR of the market during the forecast period 2023-2025
- Detailed information on factors that will assist mechanical seals market growth during the next five years
- Estimation of the mechanical seals market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the mechanical seals market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of mechanical seals market vendors
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Mechanical Seals Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4.41% |
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Market growth 2023-2025 |
USD 1.09 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
2.97 |
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Regional analysis |
APAC, North America, Europe, MEA, and South America |
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Performing market contribution |
APAC at 51% |
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Key consumer countries |
China, US, Germany, Japan, and India |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
A.W. Chesterton Co., Aesseal Plc, Anhui YALAN Seal Component Co. Ltd., EnPro Industries Inc., Flexaseal Engineered Seals and Systems, Flowserve Corp., Freudenberg SE, Leak-Pack Engineering (I) Pvt. Ltd., Meccanotecnica Umbra SPA, and Smiths Group Plc |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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