The cartridge seals market is forecasted to grow by USD 189.8 mn during 2023-2028, accelerating at a CAGR of 3.2% during the forecast period. The report on the cartridge seals market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for aftermarket cartridge seals, rising demand in manufacturing industries, and growing adoption of renewable energy.
Technavio's cartridge seals market is segmented as below:
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
3.06%
CAGR
3.2%
Incremental Value
$189.8 mn
By Application
Oil and gas
Power
Chemical and petrochemical
Water and wastewater
By Type
Single seals
Double seals
By Geographical Landscape
North America
Middle East and Africa
Europe
APAC
South America
This study identifies the growing investments in offshore production as one of the prime reasons driving the cartridge seals market growth during the next few years. Also, increasing demand for power generation and increasing popularity of iot for cartridge seals will lead to sizable demand in the market.
The report on the cartridge seals market covers the following areas:
Cartridge seals market sizing
Cartridge seals market forecast
Cartridge seals market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cartridge seals market vendors that include A.W. Chesterton Co., AES Engineering Ltd., Anhui YALAN Seal Component Co. Ltd., Avon Seals Pvt. Ltd., Enpro Inc., Flexaseal Engineered Seals and Systems LLC, Flowserve Corp., Hefei Supseals International Trade Co. Ltd., Kaman Corp., Leak Pack Engineering Pvt. Ltd., Meccanotecnica Umbra S.p.A., MICROTEM Srl, PPC Mechanical Seals, Quba Seals India Pvt. Ltd., Saisi Mechanical Seal Co. Ltd., Smiths Group Plc, Tenneco Inc., The Timken Co., Trelleborg AB, and TREM Engineering JSC. Also, the cartridge seals market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Cartridge Seals Market 2018 - 2022
Historic Market Size - Data Table on Global Cartridge Seals Market 2018 - 2022 ($ million)