The report [170 pages] "High Pressure Seals Market by Material (Metal, TPU, HNBR, Fluoroelastomer, EPDM), End-Use Industry (Oil & Gas, Chemical & Petrochemical, Aerospace & Defense, Power Generation, Manufacturing, Mining, Pharmaceutical) - Global Forecast to 2026", published by MarketsandMarkets, the global market size is estimated to reach USD 4.84 Billion by 2021, at a CAGR of 6.6% from 2016 to 2021; and USD 6.99 Billion by 2026, at a CAGR of 7.1% from 2016 to 2026.

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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.

In 2015, Asia-Pacific accounted for the largest share of the global High-Pressure Seals Market and the market in this region is also expected to grow at the highest rate from 2016 to 2026. China is currently the largest market for high pressure seals in Asia-Pacific and is expected to remain so during the forecast period. China, being the largest car industry, globally, has evolved as the major market for high pressure seals that are essentially required for the manufacturing of car components and equipment.

Key players profiled 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.).

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