Global Mechanical Seals Market Expected to reach 4610 million US$ by 2025

The global Mechanical Seals market is valued at 3350 million US$ in 2017 and will reach 4610 million US$ by the end of 2025, growing at a CAGR of 4.1% during 2018-2025.

Los Angeles, United States – September 12, 2018 /MarketersMedia/ —

This report studies the global Mechanical Seals market status and forecast, categorizes the global Mechanical Seals market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).

A mechanical seal is a device that helps join systems or mechanisms together by preventing leakage (e.g. in a plumbing system), containing pressure, or excluding contamination. The effectiveness of a seal is dependent on adhesion in the case of sealants and compression in the case of gaskets.

Asia-Pacific, North America and Europe is now the major consumption regions of mechanical seals, in the coming years there is an increasing demand for mechanical seals in the regions of China and other developing countries are expected to drive the market for more advanced mechanical seals.

The consumption volume of mechanical seals is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of mechanical seals industry may not keep that fast. But it is surely forecasted that the market of mechanical seals is still promising.

The product average price declined in the past few years due to the technology development, the average price will keep the trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials.

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The major manufacturers covered in this report

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

Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering

North America

Europe

China

Japan

Southeast Asia

India

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

Compressor Mechanical Seals

Pump Mechanical Seals

Reactor Mechanical Seals

Others

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including

Oil& Gas

Electricity

Chemical Industry

Others

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Release ID: 406723