Industrial Seals Market Size, Share & Industry Analysis, By Type (Axial Seals, Radial Seals and Mechanical Seals), By End-Use-Industry (Mining, Food & Beverage, Oil & Gas, Energy and Power, Aerospace, Marine, Construction, Others (Chemicals, etc.) and Regional Forecast, 2020-2029 (Includes COVID-19 Business Impact)

                                          
We have updated Industrial Seals Market with respect to COVID-19 Business Impact.
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This report focuses on the Industrial Seals market and value at the global level, regional level, and company level. From a global perspective, this report represents the overall Industrial Seals market size by analyzing historical data and future prospects. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, Latin America, and South America.


Global Industrial Seals Market: Segment Analysis


The research report includes specific segments by region (country), by Company, by Type, and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2019 to 2029. An in-depth analysis of the segments assists in identifying the different factors that will aid market growth.


Global Industrial Seals Market: Regional Analysis


The research report includes a detailed study of regions of North America, Europe, Japan, China, Southeast Asia, India, Latin America, and South America. The report has been curated after observing and studying various factors that determine regional growth such as the economic, environmental, social, technological, and political status of the particular region. Researchers have studied the data of revenue, sales, and manufacturers of each mentioned region. This section analyses region-wise revenue and volume for the forecast period of 2019 to 2029.


Global Industrial Seals Market: Competitive Landscape


This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2019 to 2029.
List of Companies Profiled

Market Players like SKF, Flowserve Corporation and John Crane (Smiths Group Plc.) are more focused on increasing their regional presence.
SKF holds the largest market share in the global industrial seals market. This is because the company offers a large number of varieties to its clients. Also, the company operates in almost every region and has a large number of customer engagement for the market. Furthermore, companies such as Flowserve Corporation, Eagleburgman, Tenneco Inc. (Federal-Mogul LLC), John Crane (Smiths Group Plc.) and others have established their manufacturing plants in developing countries, where the production cost is less as compared with others. Companies are adopting such strategies to provide the seals with high quality to their clients.
Furthermore, most of the companies are focused on partnering with small and mid-sized companies to make their regional presence stronger. Also, by adopting such strategies, companies can offer an enhanced product portfolio to their clients with minimum timelines.

List Of Key Companies Profiled

  
SKF (AB SKF)
  
Flowserve Corporation
  
John Crane (Smiths Group plc)
  
Trelleborg AB
  
EnPro Industries, Inc. (Garlock GmbH)
  
Dover Corporation (Waukesha Bearings)
  
SHV (ERIKS Group)
  
Freudenberg SE
  
Tenneco Inc. (Federal-Mogul LLC)
  
Fenner Group Holdings Limited (Hallite Seals)

REPORT COVERAGE

The report provides an elaborative analysis of the global industrial seals market dynamics and competitive landscape. Various key insights presented in the report are the price trend analysis, recent industry developments in the global market, such as mergers & acquisitions, the regulatory scenario in crucial countries, macro, and microeconomic factors, SWOT analysis, and key retail industry trends, competitive landscape and company profiles.

Report Scope & Segmentation

Segmentation

By Type

  
Axial Seals
  
Radial Seals
  
Mechanical Seals
  
Pusher and Non-pusher
  
Conventional Seals
  
Balanced and Unbalanced Seals
  
Cartridge

By End-Use-Industry

  
Mining
  
Food & Beverage
  
Oil & Gas
  
Energy and Power
  
Aerospace
  
Marine
  
Construction
  
Others (Chemicals, etc.)

By Geography

North America (U.S. and Canada)
Europe (U.K., Germany, France, Italy, Spain, Scandinavia, and Rest of Europe)
Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific)
Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
Latin America (Brazil, Mexico, and Rest of Latin America)

INDUSTRY DEVELOPMENT

August 2019, Flowserve Corporation came into a 5-year agreement with Shell (Australian Market) to facilitate general services for its Floating Liquefied Natural Gas (FLNG) facility. The FLNG produces natural gas from an offshore field in Western Australia

April 2019, John Crane, business ventured with Al-Ahed Trading and Contracting Co. Al-Ahed is a significant player in Qatars energy service providers & oil and gas sector. Furthermore, Al-Ahed announced the opening of first dry gas seal repairing and testing facility of Qatar

January 2019, Trelleborg ABs Industrial Solutions business segment, came into agreement with Wellcall Holdings Bhd., for joint venture program in Malaysia for manufacturing and selling industrial hoses of a variety of materials. For Trelleborg, the venture strengthens its market positions in a new region & attractive market segment.