The pharmaceutical processing seals market size is estimated to grow at a CAGR 5.89% rate during the forecast period.
Increasing demand for new and innovative pharmaceutical manufacturing equipment and continuous R&D strategies for new product developments due to technological advancements is expected to drive the market. In addition, the growing healthcare sector is expected to increase the demand for pharmaceutical equipment and drive the pharmaceutical processing seals market.
By material, metals segment is projected to hold the largest share in the market. Metals are preferred for pharmaceutical processing seals due to their ability to withstand chemicals reactions and extreme temperatures pressure, and other properties. Metals are used for making O-rings, lip seals, and gaskets which are used in as agitators, mixers, reactors, and gear boxes.
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1. Pharmaceutical Processing Seals Market, By Material
1.1. Metals
1.2. PTFE
1.3. Silicone
1.4. Nitrile Rubber
1.5. EPDM
1.6. Others
2. Pharmaceutical Processing Seals Market, By Type
2.1. O-Rings
2.2. Gaskets
2.3. Lip Seals
2.4. D Seals
2.5. Others
3. Pharmaceutical Processing Seals Market, By Application
3.1. Manufacturing Equipment
3.2. Others
4. Pharmaceutical Processing Seals Market, By Region
4.1. North America
4.2. Europe
4.3. Asia Pacific
4.4. Rest of World
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