The Industrial Seals market was valued at USD 12.3 billion in 2020 and is projected to reach USD 16.5 billion by 2028, growing at a CAGR of 3% from 2021 to 2027.
Sealing technology is being adopted in many industries around the world. The growing adoption of custom seals in various industries is one of the key factors driving the growth of the global industrial seals market. To maximize optimization, customers are installing heat-resistant seals that ensure the proper functioning of the machine during extended operation. Temperature plays an important role in the sealing operation of any machine, which is why the demand for heat-resistant seals worldwide is increasing.
A full report of Industrial Seals Market available at: https://www.orionmarketreports.com/industrial-seals-market/60625/
The major players in the market are Flowserve Corporation, Fenner Group Holdings Limited (Hallite Seals), Dover Corporation (Waukesha Bearings), Freudenberg SE, Tenneco Inc. (Federal-Mogul LLC), SKF (AB SKF), SHV (ERIKS Group), EnPro Industries, Inc. (Garlock GmbH), Trelleborg AB, John Crane (Smiths Group plc).
Industrial Seals Market- Segmentation
By Type
• Axial Seals
• Radial Seals
• Mechanical Seals
By Industry
• Mining
• Food and Beverages
• Oil and Gas
• Energy and Power Generation
• Others
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
