The Global High Pressure Seals Market was valued at USD 3.45 Billion in 2015 and is projected to reach USD 4.84 Billion by 2021, at a CAGR of 6.6% between 2016 and 2021. The market is projected to reach USD 6.99 Billion by 2026, at a CAGR of 7.1% between 2016 and 2026.
Purchase the report @: https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=174142748
Browse 91 market data Tables and 59 Figures spread through 170 Pages and in-depth TOC on "High Pressure Seals Market"
Increasing demand from end-use industries, such as oil & gas, chemical & petrochemical, mining, pharmaceutical, and manufacturing, are driving the high-pressure seals market. Among end-use industries, the oil & gas industry is estimated to be the largest application for the high-pressure seals market. High pressure seals are used in the oil & gas industry in upstream, midstream, and downstream segments. Upstream includes exploration and production, midstream includes transport and storage, and downstream includes processing and refining. Seals in oil & gas are used in pipe couplings, valves, compressors, and hydraulic pumps.
The EPDM (ethylene propylene diene monomer rubber) segment is projected to be the fastest-growing material segment of the market between 2016 and 2021. EPDM-based high-pressure seals are used in the power generation industry. These seals provide better weather resistance, good low-temperature flexibility, and good heat resistance. Along with economic growth, the demand for electricity is also growing at a high rate in countries such as China, India, and Southeast Asian countries. This will propel the demand for EPDM-based high-pressure seals during the next few years.
Key companies operational in the high pressure seals market research report are John Crane (U.S.), EagleBurgmann Germany GmbH & Co Kg (Germany), Flowserve Corp. (U.S.), AES Corporation (U.S.), Garlock Sealing Technologies LLC (U.S.), Svenska Kullagerfabriken AB (Sweden), James Walker & Co (U.K.), Parker Hannifin Corporation (U.S.), EKATO Corporation (U.S.), Saint-Gobain S.A. (France), and EI du Pont de Nemours & Co (U.S.).
Early buyers will receive 10% customization on this report.
Don't miss out on business opportunities in High Pressure Seals Market.
For more information read our blog: https://chemabd007.blogspot.com/2019/03/global-high-pressure-seals-market.html
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
[email protected]