The pharmaceutical processing seals market is projected to grow from USD 2.1 billion in 2021 to USD 3.3 billion by 2026, at a CAGR of 10.0% during the forecast period. Seals are an important part of pharmaceutical equipment and are used for various applications under pharmaceutical industry, such as to prevent contamination and leakage, and to handle friction and abrasion. The properties present in pharmaceutical processing seals such as excellent chemical resistance and stability at extreme temperatures and pressure conditions enable them to be used in different applications. These properties of pharmaceutical processing seals are expected to drive the demand during the forecast period.

Get PDF Brochure for Research Insights at: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=154059281

O-rings are the most preferred type of seals used in pharmaceutical industry due to their cost effectiveness and a wide range of applications. O-rings are used in static or dynamic applications in pharmaceutical equipment. Applications such as pump shaft and cylinder piston used in pharmaceutical industry mostly consume O-rings. O-rings are made of materials such as EPDM, silicon rubber, fluorosilicone, and others, which are highly compatible for pharmaceutical equipment. O-rings are used in agitators and hydraulic cylinders. The increase in the demand for such types of equipment due to increasing pharmaceutical production is expected to drive the pharmaceutical processing seals market.

Silicone is the fastest-growing material for pharmaceutical processing seals. There are very few substitutes available in the market for silicone used in pharmaceutical processing seals as it is considered the most suitable material due to its non-reactiveness when it comes into contact with process fluids. In the pharmaceutical industry, silicone is used for making O-rings, gaskets, and diaphragms which are further used in mixers, pumps, valves, piping flanged joints, transfer equipment, hygienic pipework, reactor vessels, and blenders. The increase in the demand for different types of pharmaceutical manufacturing equipment is expected to drive the market for silicone-based pharmaceutical processing seals.

The key players in the pharmaceutical processing seals market include Trelleborg AB (Sweden), Freudenberg Group (Germany), Flowserve Corporation (US), James Walker (UK), Parker Hannifin Corporation (US), Saint-Gobain S.A. (France), Garlock (US), John Crane (US), IDEX Corporation (US), and Morgan Advanced Materials Plc (UK). The pharmaceutical processing seals market report analyzes the key growth strategies adopted by the leading market players, between 2014 and 2018, which include expansion, joint venture, new product development, and merger & acquisition.

Freudenberg Group is one of the leading manufacturers of pharmaceutical processing seals. The company operates through three business segments, namely, seals and vibration control technology, nonwovens and filtration, household, and specialties and others business segments. The company offers sealing solutions for pharmaceutical industry through its subsidiary, namely, Freudenberg Sealing Technologies, which is a major player operating in the pharmaceutical processing seals market offering a wide range of sealing solutions for the pharmaceutical industry. The major advantage for the company is that it is backward integrated, and hence can easily formulate customized products according to the customers’ demands. The company offers a wide range of seals for pharmaceutical industry, such as agitator seals, standard cartridge seals, pusher seals, couplings, and gaskets. It offers sealing solutions to process industry, fluid technologies, mobile machinery, power and many others. The company offer pharmaceutical sealing solutions through process industry market.

If You Want To Know More About Report Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=154059281

Trelleborg AB is among the key players in the pharmaceutical processing seals market, which has adopted growth strategies of merger & acquisition, expansion, and new product development. The company offers engineered polymer solutions, which are used in sealing, damping, and protecting applications. It offers sealing solutions for pharmaceutical industry through its subsidiary, namely, Trelleborg Sealing Solutions. The company offers O-rings, gaskets, and diaphragms for pharmaceutical sealing application. It has a strong geographical presence in more than 40 countries with 28 manufacturing facilities and 9 R&D centers in Europe and the Americas.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 Micro Quadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441