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.

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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.).

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