Global Mechanical Seals Market: Segmentation Analysis
The Global Mechanical Seals Market is Segmented on the basis of Design, End User Industry, And Geography.
Mechanical Seals Market, By Design
• Pusher Type Mechanical Seals
• Non-Pusher Type Mechanical Seals
Based on Design, The market is segmented into Pusher Type Mechanical Seals and Non-Pusher Type Mechanical Seals. The Pusher Type Mechanical Seals are the largest growing segment of the market because of the growing use of small and large diameter ring shafts in light end services to manage high temperatures over the projected period.
Mechanical Seals Market, By End User Industry
• Oil and Gas
• Chemicals
• Mining
• Water and Wastewater Treatment
• Food and Beverage
• Others
Based on End User Industry, The market is segmented into Oil and Gas, Chemical, Mining, Water and Wastewater Treatment, Food and Beverage, and Others. Oil and Gas have the highest growing segment of the market attributing to the increasing use of mechanical seals in the oil and gas industry to decrease fluid losses, leisure time, seals, and general maintenance as compared to other End User Industries.
Mechanical Seals Market, By Geography
• North America
• Europe
• Asia Pacific
• Rest of the world
On the basis of Geography, The Global Mechanical Seals Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The Asia Pacific has the highest growing segment of the market attributed to increased industrial applications in the region’s emerging economies, including India Moreover, rapid expansion in the regional manufacturing sector is anticipated to fuel the Asia Pacific Mechanical Seals Market throughout the forecast period.
Key Developments
• In December 2019, Freudenberg Sealing Technologies expanded its Low Emission Seal Solutions (LESS) Solutions with the addition of new features in it, the next type of company with low friction. The product is designed to collect and push lubrication under the washer, thus facilitating improved performance and higher critical speed.
• In March 2019, Chicago-based circulation specialist, John Crane, unveils the T4111 Single Use Elastomer Bellows Cartridge Seal, designed to close mid-rotary pumps. The product is designed for normal use and at low cost and has a simple cartridge seal structure.
• In May 2017, Flowserve Corporation announced the termination of an agreement involving the sale of a Gestra AG unit to Spirax Sarco Engineering plc. This sale was part of Flowserve’s strategic decision to improve its product range, making it more focused on its core business activities and allowing it to be more competitive.
• In April 2019, Dover announces the latest Air Mizer solutions for AM Conveyor devices. Manufacturers Association shaft seal, clearly designed for CEMA equipment and screw conveyors.
• In March 2018, Hallite Seals continued its third-party certification with the Milwaukee School of Engineering (MSOD for the integrity and integrity of its design and sealing designs.
Post time: Feb-17-2023