Mechanical seals converge/connect parts of systems or mechanisms to prevent leakage of fluids. The plumbing systems in the manufacturing, aerospace, automotive, electrical and electronics, and petrochemical industries use these seals to prevent fluid leakage by maintaining the pressure flow. The plumbing mechanism employed by the industries determines the type of seals required for joining the parts.
One trend in market is growth in nuclear power generation. In nuclear power generation, cartridge seals are used is various application, for application such as cooling water and condensate pump, residual heat removal pump, feed pump, end suction pump, charging pump, and other applications. Therefore, growth in nuclear power generation capacity is expected to drive the demand for cartridge seal market. The nuclear power sector is slowly gaining momentum and is set to grow globally during the forecast period. Until January 2017, the world had 447 commercial nuclear power reactors in about 31 countries. The total existing capacity is more than 391,386 MW, and another 60 nuclear reactors are under construction. The nuclear power sector generates about 11% of the world's electric power with zero CO2 emissions, making it even more popular among environmentalists.
APAC led the majority market share during 2016 and is expected to grow further in the during the forecast period. Factors like investments to increase offshore production, rising demand for water and wastewater infrastructure, and rising demand for cartridge seals in pharmaceutical industries propel the growth of the market in the region.
In 2019, the market size of Cartridge Seals is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Cartridge Seals.
This report studies the global market size of Cartridge Seals, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Cartridge Seals production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
AESSEAL
Chesterton
EagleBurgmann
Flowserve
John Crane
Flexaseal
GARLOCK FAMILY OF COMPANIES
James Walker
Vulcan Seals
Market Segment by Product Type
Single Seals
Double Seals
Market Segment by Application
Oil and Gas
Chemical and Petrochemical
Power
Water and Wastewater
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Cartridge Seals status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Cartridge Seals manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Cartridge Seals are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Cartridge Seals. Industry analysis & Market Report on Cartridge Seals is a syndicated market report, published as Global (United States, European Union and China) Cartridge Seals Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Cartridge Seals market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.