Global Mechanical Seals Market

Countries covered: Global Download Sample This is a market analysis for the global mechanical seals market. The study presents an analysis of mechanical seals used in the refining, oil and gas, mining and minerals, chemical and pharmaceutical, food and beverage, pulp and paper, power generation, water and effluent treatment and other industries including automotive , steel, bio-fuels and marine industries. With the major industries investing on mechanical seals it is expected that this market will witness significant growth over the forecast period with high impact drivers. The research service provides a global analysis and includes information on North America, Europe, Middle-East and Africa(EMEA), Asia-Pacific(APAC) and Rest-of-World(RoW)

Additional Information

The global mechanical seals market was impacted by the financial crisis, with the United States and Europe experiencing greater impact than Asia-Pacific region.

In 2009, the demand for the seals witnessed decline across various application sectors as most projects were stalled or discontinued.

With positive indications of an economic recovery, mechanical seal suppliers are likely to benefit due to increased demand in water and effluent treatment, power generation and refining industry.

Among the various competitive factors, high product reliability and low life cycle costs are expected to be the important purchasing criteria for end users during the forecast period.

The global mechanical seals market is expected to reach approximately $???? million by 2015 at a compound annual growth rate (CAGR) of ???? percent between 2010 and 2015.