High Pressure Seals Market by Material (Metal, TPU, HNBR, Fluoroelastomer, EPDM), End-Use Industry (Oil & Gas, Chemical & Petrochemical, Aerospace & Defense, Power Generation, Manufacturing, Mining, Pharmaceutical) - Global Forecast to 2026
出 版 商：MarketsandMarkets
出版日期：2016/11/18
頁 數：172頁
文件格式：PDF
價 格：
USD 5,650 (Single-User License)
USD 6,650 (Multi-User License)
USD 10,000 (Global-User License)
USD 6,650 (Multi-User License)
USD 10,000 (Global-User License)
“High pressure seals market to grow at a CAGR of 6.6% (2016-21) and 7.1% (2016-26)”
The high pressure seals market size is projected to reach USD 4.84 billion by 2021, at a CAGR of 6.6% between 2016 and 2021; and USD 6.99 billion by 2026, at a CAGR of 7.1% between 2016 and 2026. High pressure seals are designed to provide long service life and low friction for extreme pressure applications over a wide temperature range. Increased efficiency in offshore oil production and emergence of unconventional technologies to maximize crude oil production act as a driving force behind the growth of the global high pressure seals market. Growing focus towards renewable energy and increased usage of gland packing and sealless pumps may act as restraints for the market. Sealless pumps are used in industries such as chemical and medical, instead of conventional pumps. However, the use of these pumps is limited to few applications as they cannot withstand high pressure.
“Pharmaceutical to be the fastest-growing end-use industry segment”
The pharmaceutical segment is estimated to be the fastest-growing end-use industry segment of the high pressure seals market. In the pharmaceutical industry, high pressure seals are used in the manufacturing of drugs, vaccines, and in vivo diagnostics. Use of high pressure seals helps in the production process being carried out with strict environment and purity requirements, besides enhancing the efficiency and reliability factor of equipment.
“Asia-Pacific is the largest and the fastest-growing market for high pressure seals”
Asia-pacific is estimated to be the largest market as well as the fastest-growing market for high pressure seals. The region is expected to register the highest growth rate owing to high demand from countries such as Japan, China, and India. China is estimated to be the largest market for high pressure seals in Asia-Pacific, followed by India and Japan. India and Taiwan are projected to be the fastest-growing markets in Asia-pacific. Growth of prominent industries, such as chemical & petrochemical, aerospace & defense, power generation, and manufacturing has increased the demand for high pressure seals in the region.
Extensive primary interviews were conducted to determine and verify the market size for several segments and subsegments gathered through secondary research.
The break-up of primary interviews is given below.
‧ By Company Type: Tier 1 – 37%, Tier 2 – 50%, and Others – 13%
‧ By Designation: C level – 50%, Director level – 31%, and Others – 19%
‧ By Region: North America – 31%, Europe – 38%, Asia-Pacific – 25%, and RoW – 6%
The companies profiled in this market research report are John Crane (U.S.), EagleBurgmann Germany GmbH & Co Kg (Germany), Flowserve Corp. (U.S.), AES Corporation (U.S.), Garlock Sealing Technologies LLC (U.S.), SKF AB (Sweden), James Walker & Co (U.K.), Parker Hannifin Corporation (U.S.), EKATO Corporation (U.S.), Saint-Gobain S.A. (France), and EI du Pont de Nemours & Co (U.S.)
Research Coverage:
This research report categorizes the global high pressure seals market on the basis of material, end-use industry, and region. The report includes detailed information regarding the major factors influencing growth of the high pressure seals market, such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been done to provide insights into business overviews, products & services, key strategies, investments & expansions, mergers & acquisitions, and recent developments associated with the market.
Reasons to Buy the Report:
The report will help market leaders/new entrants in this market in the following ways:
1. This report segments the global high pressure seals market comprehensively and provides the closest approximations of market sizes for the overall market and subsegments across verticals and regions.
2. The report will help stakeholders understand the pulse of the market and provide them information on the key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders understand the major competitors and gain insights to enhance their position in the business. The competitive landscape section includes expansions, new product developments, and mergers & acquisitions.
The high pressure seals market size is projected to reach USD 4.84 billion by 2021, at a CAGR of 6.6% between 2016 and 2021; and USD 6.99 billion by 2026, at a CAGR of 7.1% between 2016 and 2026. High pressure seals are designed to provide long service life and low friction for extreme pressure applications over a wide temperature range. Increased efficiency in offshore oil production and emergence of unconventional technologies to maximize crude oil production act as a driving force behind the growth of the global high pressure seals market. Growing focus towards renewable energy and increased usage of gland packing and sealless pumps may act as restraints for the market. Sealless pumps are used in industries such as chemical and medical, instead of conventional pumps. However, the use of these pumps is limited to few applications as they cannot withstand high pressure.
“Pharmaceutical to be the fastest-growing end-use industry segment”
The pharmaceutical segment is estimated to be the fastest-growing end-use industry segment of the high pressure seals market. In the pharmaceutical industry, high pressure seals are used in the manufacturing of drugs, vaccines, and in vivo diagnostics. Use of high pressure seals helps in the production process being carried out with strict environment and purity requirements, besides enhancing the efficiency and reliability factor of equipment.
“Asia-Pacific is the largest and the fastest-growing market for high pressure seals”
Asia-pacific is estimated to be the largest market as well as the fastest-growing market for high pressure seals. The region is expected to register the highest growth rate owing to high demand from countries such as Japan, China, and India. China is estimated to be the largest market for high pressure seals in Asia-Pacific, followed by India and Japan. India and Taiwan are projected to be the fastest-growing markets in Asia-pacific. Growth of prominent industries, such as chemical & petrochemical, aerospace & defense, power generation, and manufacturing has increased the demand for high pressure seals in the region.
Extensive primary interviews were conducted to determine and verify the market size for several segments and subsegments gathered through secondary research.
The break-up of primary interviews is given below.
‧ By Company Type: Tier 1 – 37%, Tier 2 – 50%, and Others – 13%
‧ By Designation: C level – 50%, Director level – 31%, and Others – 19%
‧ By Region: North America – 31%, Europe – 38%, Asia-Pacific – 25%, and RoW – 6%
The companies profiled in this market research report are John Crane (U.S.), EagleBurgmann Germany GmbH & Co Kg (Germany), Flowserve Corp. (U.S.), AES Corporation (U.S.), Garlock Sealing Technologies LLC (U.S.), SKF AB (Sweden), James Walker & Co (U.K.), Parker Hannifin Corporation (U.S.), EKATO Corporation (U.S.), Saint-Gobain S.A. (France), and EI du Pont de Nemours & Co (U.S.)
Research Coverage:
This research report categorizes the global high pressure seals market on the basis of material, end-use industry, and region. The report includes detailed information regarding the major factors influencing growth of the high pressure seals market, such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been done to provide insights into business overviews, products & services, key strategies, investments & expansions, mergers & acquisitions, and recent developments associated with the market.
Reasons to Buy the Report:
The report will help market leaders/new entrants in this market in the following ways:
1. This report segments the global high pressure seals market comprehensively and provides the closest approximations of market sizes for the overall market and subsegments across verticals and regions.
2. The report will help stakeholders understand the pulse of the market and provide them information on the key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders understand the major competitors and gain insights to enhance their position in the business. The competitive landscape section includes expansions, new product developments, and mergers & acquisitions.
TABLE OF CONTENTS
1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION 15
1.2.1 HIGH PRESSURE SEALS 15
1.3 MARKET SCOPE 16
1.3.1 MARKETS COVERED 16
1.3.2 YEARS CONSIDERED IN THE REPORT 16
1.4 CURRENCY 17
1.5 PACKAGE SIZE 17
1.6 LIMITATIONS 17
1.7 STAKEHOLDERS 17
2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.1.1 SECONDARY DATA 19
2.1.1.1 Key data from secondary sources 19
2.1.2 PRIMARY DATA 19
2.1.2.1 Key data from primary sources 20
2.1.2.2 Key industry insights 21
2.1.2.3 Breakdown of primary interviews 21
2.2 MARKET SIZE ESTIMATION 22
2.2.1 MARKET SIZE 22
2.2.2 BOTTOM-UP APPROACH 22
2.2.3 TOP-DOWN APPROACH 23
2.3 DATA TRIANGULATION 24
2.4 RESEARCH ASSUMPTIONS 25
3 EXECUTIVE SUMMARY 26
4 PREMIUM INSIGHTS 30
4.1 ATTRACTIVE OPPORTUNITIES IN THE HIGH PRESSURE SEALS MARKET 30
4.2 ASIA-PACIFIC HIGH PRESSURE SEALS MARKET, BY MATERIAL AND COUNTRIES, 2015 31
4.3 GLOBAL HIGH PRESSURE SEALS MARKET ATTRACTIVENESS 32
4.4 MARKET SHARE OF REGIONS BY APPLICATION OF HIGH PRESSURE SEALS 33
5 MARKET OVERVIEW 34
5.1 INTRODUCTION 35
5.2 SEGMENTATION 35
5.2.1 HIGH PRESSURE SEALS MARKET, BY MATERIAL TYPE 35
5.2.2 HIGH PRESSURE SEALS MARKET, BY END-USE INDUSTRY 37
5.2.3 HIGH PRESSURE SEALS MARKET, BY REGION 38
5.3 MARKET DYNAMICS 38
5.3.1 DRIVERS 39
5.3.1.1 Increased efficiency in oil production in offshore 39
5.3.1.2 Expected recovery in oil prices 39
5.3.2 RESTRAINTS 40
5.3.2.1 Increasing interest in renewable or alternative energy 40
5.3.2.2 Gland packing and seal-less pumps 41
5.3.3 OPPORTUNITY 41
5.3.3.1 Opportunities in nuclear power generation 41
5.3.4 CHALLENGES 42
5.3.4.1 Degradation of elastomeric or polymer based seals 42
5.3.4.2 Lowering the operating pressure of pumps to reduce the energy consumption 42
5.3.4.3 Specific requirements of end-use industries 42
6 INDUSTRY TRENDS 43
6.1 INTRODUCTION 43
6.2 VALUE-CHAIN ANALYSIS 43
6.2.1 RAW MATERIAL SUPPLIERS 44
6.2.2 MANUFACTURERS 45
6.2.3 END-USERS 45
6.3 PORTER’S FIVE FORCES ANALYSIS 46
6.3.1 BARGAINING POWER OF SUPPLIERS 47
6.3.2 THREAT OF NEW ENTRANTS 47
6.3.3 THREAT OF SUBSTITUTES 48
6.3.4 BARGAINING POWER OF BUYERS 48
6.3.5 INTENSITY OF COMPETITIVE RIVALRY 49
6.4 PATENT ANALYSIS 49
6.5 INDUSTRY STANDARDS AND REGULATORY STANDARDS 50
6.6 PRICE-PERFORMANCE ANALYSIS OF MATERIALS USED IN HIGH PRESSURE SEALS 51
6.7 MACRO ECONOMIC OVERVIEW AND KEY DRIVERS 52
6.7.1 INTRODUCTION 52
6.7.2 MANUFACTURING INDUSTRY TRENDS AND FORECAST, BY COUNTRY 52
6.7.3 AEROSPACE INDUSTRY TRENDS 54
6.7.4 OIL & GAS INDUSTRY TRENDS 55
6.7.5 CHEMICALS & PETROCHEMCIALS INDUSTRY TRENDS 57
6.7.6 COST & PROFIT MARGIN ANALYSIS OF HIGH PRESSURE SEALS INDUSTRY 59
7 GLOBAL HIGH PRESSURE SEALS MARKET, BY MATERIAL 60
7.1 INTRODUCTION 61
7.1.1 METAL 62
7.1.2 THERMOPLASTIC POLYURETHANE 63
7.1.3 HYDROGENATED NITRILE BUTADIENE RUBBER (HNBR) 65
7.1.4 FLUOROELASTOMERS 66
7.1.5 ETHYLENE PROPYLENE DIENE MONOMER 67
7.1.6 OTHERS 68
7.1.6.1 Perfluoroelastomer 68
7.1.6.2 Graphite 68
7.1.6.3 PTFE 68
8 GLOBAL HIGH PRESSURE SEALS MARKET, BY END-USE INDUSTRY 70
8.1 INTRODUCTION 71
8.2 OIL & GAS 72
8.2.1 UPSTREAM 72
8.2.2 MIDSTREAM 72
8.3 CHEMICALS & PETROCHEMICALS 74
8.4 POWER GENERATION 75
8.4.1 THERMAL POWER 75
8.4.1.1 GAS TURBINE 75
8.4.1.2 STEAM TURBINE 75
8.4.1.3 HYDROPOWER 76
8.5 AEROSPACE & DEFENSE 76
8.6 MINING 78
8.7 MANUFACTURING INDUSTRY 79
8.8 PHARMACEUTICALS 81
8.9 OTHER END-USE INDUSTRIES 82
9 HIGH PRESSURE SEAL MARKET, BY REGION 84
9.1 INTRODUCTION 85
9.2 ASIA-PACIFIC 86
9.2.1 CHINA 91
9.2.2 JAPAN 92
9.2.3 INDIA 93
9.2.4 SOUTH KOREA 95
9.2.5 TAIWAN 96
9.2.6 INDONESIA 97
9.2.7 THAILAND 99
9.2.8 REST OF THE ASIA PACIFIC 100
9.3 NORTH AMERICA 101
9.3.1 U.S. 104
9.3.2 CANADA 106
9.3.3 MEXICO 108
9.4 EUROPE 109
9.4.1 GERMANY 112
9.4.2 FRANCE 114
9.4.3 U.K. 115
9.4.4 RUSSIA 117
9.4.5 REST OF THE EUROPE 118
9.5 SOUTH AMERICA 120
9.5.1 BRAZIL 121
9.5.2 ARGENTINA 122
9.5.3 REST OF THE SOUTH AMERICA 124
9.6 MIDDLE EAST & AFRICA 125
9.6.1 SAUDI ARABIA 127
9.6.2 UAE 128
9.6.3 REST OF THE MIDDLE EAST & AFRICA 129
10 COMPETITIVE LANDSCAPE 131
10.1 OVERVIEW 131
10.2 COMPETITIVE SITUATIONS AND TRENDS 132
10.3 NEW PRODUCT LAUNCHES: MOST POPULAR GROWTH STRATEGY BETWEEN 2012 AND 2016 133
10.3.1 NEW PRODUCT LAUNCHES 134
10.3.2 EXPANSIONS 135
10.3.3 AGREEMENTS & CONTRACTS 136
10.4 MARKET SHARE ANALYSIS 136
11 COMPANY PROFILES 138
(Overview, Financial*, Products & Services, Strategy, and Developments)
11.1 SKF AB 138
11.2 DUPONT 141
11.3 FLOWSERVE CORPORATION 144
11.4 JOHN CRANE 147
11.5 EAGLE BURGMANN 150
11.6 AESSEAL 152
11.7 EKATO HOLDING GMBH 154
11.8 AMERICAN HIGH PERFORMANCE SEALS 155
11.9 JET SEAL 157
11.10 FP PARIS 158
11.11 JAMES WALKER 159
11.12 SEAL HOUSE 160
11.13 OTHER KEY PLAYERS IN THE MARKET 161
*Details might not be captured in case of unlisted companies.
12 APPENDIX 162
12.1 INSIGHTS FROM INDUSTRY EXPERTS 162
12.2 DISCUSSION GUIDE 163
12.3 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL 165
12.4 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE 167
12.5 AVAILABLE CUSTOMIZATIONS 168
12.6 RELATED REPORTS 169
12.7 AUTHOR DETAILS 170
1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION 15
1.2.1 HIGH PRESSURE SEALS 15
1.3 MARKET SCOPE 16
1.3.1 MARKETS COVERED 16
1.3.2 YEARS CONSIDERED IN THE REPORT 16
1.4 CURRENCY 17
1.5 PACKAGE SIZE 17
1.6 LIMITATIONS 17
1.7 STAKEHOLDERS 17
2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.1.1 SECONDARY DATA 19
2.1.1.1 Key data from secondary sources 19
2.1.2 PRIMARY DATA 19
2.1.2.1 Key data from primary sources 20
2.1.2.2 Key industry insights 21
2.1.2.3 Breakdown of primary interviews 21
2.2 MARKET SIZE ESTIMATION 22
2.2.1 MARKET SIZE 22
2.2.2 BOTTOM-UP APPROACH 22
2.2.3 TOP-DOWN APPROACH 23
2.3 DATA TRIANGULATION 24
2.4 RESEARCH ASSUMPTIONS 25
3 EXECUTIVE SUMMARY 26
4 PREMIUM INSIGHTS 30
4.1 ATTRACTIVE OPPORTUNITIES IN THE HIGH PRESSURE SEALS MARKET 30
4.2 ASIA-PACIFIC HIGH PRESSURE SEALS MARKET, BY MATERIAL AND COUNTRIES, 2015 31
4.3 GLOBAL HIGH PRESSURE SEALS MARKET ATTRACTIVENESS 32
4.4 MARKET SHARE OF REGIONS BY APPLICATION OF HIGH PRESSURE SEALS 33
5 MARKET OVERVIEW 34
5.1 INTRODUCTION 35
5.2 SEGMENTATION 35
5.2.1 HIGH PRESSURE SEALS MARKET, BY MATERIAL TYPE 35
5.2.2 HIGH PRESSURE SEALS MARKET, BY END-USE INDUSTRY 37
5.2.3 HIGH PRESSURE SEALS MARKET, BY REGION 38
5.3 MARKET DYNAMICS 38
5.3.1 DRIVERS 39
5.3.1.1 Increased efficiency in oil production in offshore 39
5.3.1.2 Expected recovery in oil prices 39
5.3.2 RESTRAINTS 40
5.3.2.1 Increasing interest in renewable or alternative energy 40
5.3.2.2 Gland packing and seal-less pumps 41
5.3.3 OPPORTUNITY 41
5.3.3.1 Opportunities in nuclear power generation 41
5.3.4 CHALLENGES 42
5.3.4.1 Degradation of elastomeric or polymer based seals 42
5.3.4.2 Lowering the operating pressure of pumps to reduce the energy consumption 42
5.3.4.3 Specific requirements of end-use industries 42
6 INDUSTRY TRENDS 43
6.1 INTRODUCTION 43
6.2 VALUE-CHAIN ANALYSIS 43
6.2.1 RAW MATERIAL SUPPLIERS 44
6.2.2 MANUFACTURERS 45
6.2.3 END-USERS 45
6.3 PORTER’S FIVE FORCES ANALYSIS 46
6.3.1 BARGAINING POWER OF SUPPLIERS 47
6.3.2 THREAT OF NEW ENTRANTS 47
6.3.3 THREAT OF SUBSTITUTES 48
6.3.4 BARGAINING POWER OF BUYERS 48
6.3.5 INTENSITY OF COMPETITIVE RIVALRY 49
6.4 PATENT ANALYSIS 49
6.5 INDUSTRY STANDARDS AND REGULATORY STANDARDS 50
6.6 PRICE-PERFORMANCE ANALYSIS OF MATERIALS USED IN HIGH PRESSURE SEALS 51
6.7 MACRO ECONOMIC OVERVIEW AND KEY DRIVERS 52
6.7.1 INTRODUCTION 52
6.7.2 MANUFACTURING INDUSTRY TRENDS AND FORECAST, BY COUNTRY 52
6.7.3 AEROSPACE INDUSTRY TRENDS 54
6.7.4 OIL & GAS INDUSTRY TRENDS 55
6.7.5 CHEMICALS & PETROCHEMCIALS INDUSTRY TRENDS 57
6.7.6 COST & PROFIT MARGIN ANALYSIS OF HIGH PRESSURE SEALS INDUSTRY 59
7 GLOBAL HIGH PRESSURE SEALS MARKET, BY MATERIAL 60
7.1 INTRODUCTION 61
7.1.1 METAL 62
7.1.2 THERMOPLASTIC POLYURETHANE 63
7.1.3 HYDROGENATED NITRILE BUTADIENE RUBBER (HNBR) 65
7.1.4 FLUOROELASTOMERS 66
7.1.5 ETHYLENE PROPYLENE DIENE MONOMER 67
7.1.6 OTHERS 68
7.1.6.1 Perfluoroelastomer 68
7.1.6.2 Graphite 68
7.1.6.3 PTFE 68
8 GLOBAL HIGH PRESSURE SEALS MARKET, BY END-USE INDUSTRY 70
8.1 INTRODUCTION 71
8.2 OIL & GAS 72
8.2.1 UPSTREAM 72
8.2.2 MIDSTREAM 72
8.3 CHEMICALS & PETROCHEMICALS 74
8.4 POWER GENERATION 75
8.4.1 THERMAL POWER 75
8.4.1.1 GAS TURBINE 75
8.4.1.2 STEAM TURBINE 75
8.4.1.3 HYDROPOWER 76
8.5 AEROSPACE & DEFENSE 76
8.6 MINING 78
8.7 MANUFACTURING INDUSTRY 79
8.8 PHARMACEUTICALS 81
8.9 OTHER END-USE INDUSTRIES 82
9 HIGH PRESSURE SEAL MARKET, BY REGION 84
9.1 INTRODUCTION 85
9.2 ASIA-PACIFIC 86
9.2.1 CHINA 91
9.2.2 JAPAN 92
9.2.3 INDIA 93
9.2.4 SOUTH KOREA 95
9.2.5 TAIWAN 96
9.2.6 INDONESIA 97
9.2.7 THAILAND 99
9.2.8 REST OF THE ASIA PACIFIC 100
9.3 NORTH AMERICA 101
9.3.1 U.S. 104
9.3.2 CANADA 106
9.3.3 MEXICO 108
9.4 EUROPE 109
9.4.1 GERMANY 112
9.4.2 FRANCE 114
9.4.3 U.K. 115
9.4.4 RUSSIA 117
9.4.5 REST OF THE EUROPE 118
9.5 SOUTH AMERICA 120
9.5.1 BRAZIL 121
9.5.2 ARGENTINA 122
9.5.3 REST OF THE SOUTH AMERICA 124
9.6 MIDDLE EAST & AFRICA 125
9.6.1 SAUDI ARABIA 127
9.6.2 UAE 128
9.6.3 REST OF THE MIDDLE EAST & AFRICA 129
10 COMPETITIVE LANDSCAPE 131
10.1 OVERVIEW 131
10.2 COMPETITIVE SITUATIONS AND TRENDS 132
10.3 NEW PRODUCT LAUNCHES: MOST POPULAR GROWTH STRATEGY BETWEEN 2012 AND 2016 133
10.3.1 NEW PRODUCT LAUNCHES 134
10.3.2 EXPANSIONS 135
10.3.3 AGREEMENTS & CONTRACTS 136
10.4 MARKET SHARE ANALYSIS 136
11 COMPANY PROFILES 138
(Overview, Financial*, Products & Services, Strategy, and Developments)
11.1 SKF AB 138
11.2 DUPONT 141
11.3 FLOWSERVE CORPORATION 144
11.4 JOHN CRANE 147
11.5 EAGLE BURGMANN 150
11.6 AESSEAL 152
11.7 EKATO HOLDING GMBH 154
11.8 AMERICAN HIGH PERFORMANCE SEALS 155
11.9 JET SEAL 157
11.10 FP PARIS 158
11.11 JAMES WALKER 159
11.12 SEAL HOUSE 160
11.13 OTHER KEY PLAYERS IN THE MARKET 161
*Details might not be captured in case of unlisted companies.
12 APPENDIX 162
12.1 INSIGHTS FROM INDUSTRY EXPERTS 162
12.2 DISCUSSION GUIDE 163
12.3 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL 165
12.4 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE 167
12.5 AVAILABLE CUSTOMIZATIONS 168
12.6 RELATED REPORTS 169
12.7 AUTHOR DETAILS 170
