Global Rotary Seals Market 2017-2021
About Rotary Seals
Rotary seals are widely used in many industries for various application conditions, and these conditions can vary from low-speed reciprocating shafts in muddy environments to high-speed shaft rotation with light oil mist. Rotary seals also find applications in any equipment with a rotating shaft, and are designed to withstand the critical requirements of each individual application. The growth in the oil and gas, power, chemical, general manufacturing, and wastewater sectors has boosted the demand for rotary seals as all the equipment and systems needed for various processes in these industries require seals to restrict the leakage of contaminants and toxic gases and chemicals.
Technavio’s analysts forecast the global rotary seals market to grow at a CAGR of 6.26% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global rotary seals market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Rotary Seals Market 2017-2021
Technavio recognizes the following companies as the key players in the global rotary seals market: Freudenberg Sealing Technologies, Parker Hannifin, SKF, and Trelleborg Sealing Solutions.
Other Prominent Vendors in the market are: American High Performance Seals, Bal Seal Engineering, DingZing Advanced Materials, gallagherseals.com, Hubata Seals, James Walker, Kofler-Dichtungen, M.Barnwell Services, PERFORMANCE SEALING, Polymer Concepts Technologies, Rhondama, Seal & Design, Spareage Seals (now Max Spare), Swan Seals Aberdeen, and Tesnila Bogadi.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is use of superior quality raw materials. Modern mechanical seals are designed for adverse environmental conditions and temperatures, ranging from -32F to 1,832F. These developments demand the use of superior quality raw materials, such as high-grade steel alloys, which can withstand high temperatures.”
According to the report, one driver in the market is growing demand for high-quality mechanical seals. Advanced high-quality mechanical seals are gaining importance as they have a precision range, and are reliable and durable for centrifugal, high pressure, dosing, injection, boiler, and effluent pumps. In addition, they are used to seal compressors, agitators, mixers, reactors, dyeing machines, and all other types of equipment with rotating shafts. The quality of mechanical seals has improved owing to innovations and advances in technology. Traditional mechanical seals were mainly manufactured from asbestos or graphite.
Further, the report states that one challenge in the market is growing demand for electromechanical equipment. Electromechanical equipment is gaining importance in the market over pneumatic equipment, such as pumps and agitators, due to the increasing concerns about environmental pollution and high energy consumption by pneumatic equipment. Pneumatic equipment employs lubricants to reduce the friction between the piston and cylinder, and these lubricants are potential environmental pollutants. Besides, the air pressure that is applied to a pneumatic system must also be eventually released.
Freudenberg Sealing Technologies, Parker Hannifin, SKF, Trelleborg Sealing Solutions, American High Performance Seals, Bal Seal Engineering, DingZing Advanced Materials, gallagherseals.com, Hubata Seals, James Walker, Kofler-Dichtungen, M.Barnwell Services, PERFORMANCE SEALING, Polymer Concepts Technologies, Rhondama, Seal & Design, Spareage Seals (now Max Spare), Swan Seals Aberdeen, and Tesnila Bogadi.
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