Mechanical Seals Market Size, Share & Industry Analysis, By Type (Cartridge Seals, Balanced and Unbalanced Seals, Pusher and Non-pusher, Conventional Seals and Others), By Industry (Metals & Mining, Food & Beverage, Oil & Gas, Energy and Power, Aerospace, Marine, Construction & Manufacturing and Others) and Regional Forecast, 2020-2029 (Includes COVID-19 Business Impact)

                                          
We have updated Mechanical Seals Market with respect to COVID-19 Business Impact.
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This report focuses on the Mechanical Seals market and value at the global level, regional level, and company level. From a global perspective, this report represents the overall Mechanical 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 Mechanical 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 Mechanical 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 Mechanical 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

Key Players to Focus on Enhancing Their Business Strategies
SKF (SKF AB), John Crane (Smiths Group Plc.), and Flowserve Corporation are the leading market players. SKF holds the largest market share, as per the mechanical seals market report. This is a result of SKFs market understanding, along with demand forecasting, which is growing with customer-specific value propositions, giving the company an uptime for designing and production of mechanical seals. This fits with companys existing engineering skills and asset management approach, with strategic focus on new technology providing value for money and digitalizing of the entire value chain.

Flowserve shares five unconsolidated joint ventures located in Latin America, Middle East, and Asia-Pacific regions, mainly in Saudi Arabia, India, The United Arab Emirates, South Korea, and two in China. The company has a portion of the products manufactured, assembled, or serviced in the territories. The joint venture has provided different strategic opportunities, including increased access to the potential markets, along with access to added manufacturing capacity and development of an efficient platform.

Furthermore, John Crane announced that it completed its purchase of the Engineering Division of Advanced Diamond Technologies. The acquisition of ADT will result in enhanced reliability and performance of mechanical seals in key settings in pumps along with other industrial equipment, bringing significant benefits to customers. Also, these strategies 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 research report offers an in-depth analysis of the mechanical seals market. It further provides details on the adoption of mechanical seals products across several regions. Information on trends, drivers, opportunities, threats, and restraints of the market can further help stakeholders to gain valuable insights into the market. The report offers a detailed competitive landscape by presenting information on key players, along with their strategies, in the market.
Report Scope & Segmentation

Segmentation

By Type

  
Cartridge Seals
  
Balanced and Unbalanced Seals
  
Pusher and Non-pusher
  
Conventional Seals
  
Others (Bellows Seals, etc.)

By Industry

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

By Geography

  
North America (U.S. and Canada)
  
Europe (U.K., Germany, France, Italy, and Rest of Europe)
  
Asia-Pacific (Japan, China, India, 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:

March 2019: John Crane announced its new T4111 cartridge seal. The seal, called the Elastomer Bellows Cartridge Seal, is single-use and is designed to seal rotary and centrifugal pumps, along with similar rotating shaft machines.
April 2019: Dover announced the latest Air Mizer solutions design for the AM Conveyor Equipment Manufacturers Association shaft seal, which is explicitly developed for CEMA equipment & screw conveyors.

March 2018: Hallite Seals continued its third-party authentication with Milwaukee School of Engineering (MSOE) for the reliability & integrity of the design of its seals & sealing materials.

May 2017: Flowserve Corporation declared that it had completed the deal which involves sale of the Gestra AG unit to Spirax-Sarco Engineering plc. This sale was the part of Flowserve strategic decision to optimize its product range, enabling it to emphasis more on its core business activities and allowing it to be more competitive.