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The APAC pump mechanical seals market was valued at US$ 2.24 Bn in 2020, up from US$ 2.09 Bn in 2019. By 2028, the market is projected to reach US$ 4.09 Bn, exhibiting a CAGR of 6.78% over the forecast period (2021–2028).

The APAC pump mechanical seals market is segmented on the basis of design type, which includes pusher seals, non-pusher seals, and cartridge seals. On the basis of industry, it is segmented into oil & gas, power, water treatment & water supply industry, chemical industry, pharmaceutical industry, mining & mineral extraction industry, pulp & paper processing, and others.

In India, the demand for pump mechanical seals from pharmaceutical industry and oil & gas industry is expected to increase, due to high economic growth and favorable government policies such as ‘Pharma 2020’. This is expected to aid in growth of the APAC pump mechanical seals market over the forecast period.

APAC Pump Mechanical Seals Market - Impact of Coronavirus (Covid-19) Pandemic

COVID-19 has significantly disrupted almost all the industries including automotive, manufacturing others. To combat COVID-19 pandemic, most of the countries had implemented lockdown and are now easing it phase-wise and industry wise. This has significantly impacted pump mechanical seal market as the facilities across the globe were temporarily shut down.

The COVID-19 has turned into a global crisis and it has a significant impact on the supply-side as well as the demand side of the pusher seals market. The companies need to evaluate impacts on three fronts: supply chain, market demand, and workforce.

The companies offering pusher seals are experiencing disruption in production and low demand due to lack of availability of workers. The COVID-19 crisis has disrupted entire tier structure of the supply chain in the seals industry.

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APAC Pump Mechanical Seals Market Report Coverage

Report Coverage Details
Base Year: 2020 Market Size in 2020: US$ 2.24 Bn
Historical Data for: 2017 to 2019 Forecast Period: 2021 to 2028
Forecast Period 2021 to 2028 CAGR: 6.78% 2028 Value Projection: US$ 4.09 Bn
Geographies covered:
  • APAC
Segments covered:
  • By Design Type: Pusher Seals, Non-pusher Seals, Cartridge Seals
  • By Industry: Oil & Gas, Power, Water Treatment & Water Supply, Chemicals, Pharmaceutical, Mining & Mineral Extraction, Pulp & Paper Processing, Others
Companies covered:

John Crane, Eagleburgmann, Flowserve Corporation, AESSEAL Plc., Shutterstock, Inc., Meccanotecnica Umbra Spa, Vulcan Engineering Limited, Garlock, Sichuan Sunny Seal Co. Ltd., Sulzer Ltd.,  James Walker.

Growth Drivers:
  • Various government agencies are focusing on stringent norms and guidelines
  • Increase in demand for mechanical pump seals in oil & gas industry 
Restraints & Challenges:
  • Availability of alternative packaging materials such as gland packaging and other

Figure 1. APAC Pump Mechanical Seals Market Share, By Industry, 2020

APAC Pump Mechanical Seals  | Coherent Market Insights

Oil & Gas segment is expected to drive the market growth during the forecast period.

Among industry, Oil & Gas segment is expected to hold dominant position in the APAC pump mechanical seals market during the forecast period. This is attributed to the increasing demand for petroleum products which is expected to drive the segment growth during the forecast period.

Figure 2: APAC Pump Mechanical Seals Market Value (US$ Bn) Analysis and Forecast and Y-o-Y Growth (%), 2017 - 2028

APAC Pump Mechanical Seals  | Coherent Market Insights

Major players operating in the APAC pump mechanical seals market include John Crane, Eagleburgmann, Flowserve Corporation, AESSEAL Plc., Shutterstock, Inc., Meccanotecnica Umbra Spa, Vulcan Engineering Limited, Garlock, Sichuan Sunny Seal Co.Ltd., Sulzer Ltd., and James Walker.

The APAC pump mechanical seals market was valued at US$ 2.24 Bn in 2020, up from US$ 1.87 Bn in 2017. By 2028, the market is projected to reach US$ 4.09 Bn, exhibiting a CAGR of 6.78% over the forecast period (2021–2028).

The APAC pump mechanical seals market is segmented on the basis of design type, which includes pusher seals, non-pusher seals, and cartridge seals. Based on industry, it is segmented into oil & gas, power, water treatment & water supply industry, chemical industry, pharmaceutical industry, mining & mineral extraction industry, pulp & paper processing, and others.

Market Dynamics

According to Future Directional Internationals, demand for pumps in water treatment & water supply industry is increasing significantly due to depleting reserves of groundwater. Therefore, these industries are setting up their own water treatment plant to reuse the water. Furthermore, strict regulatory policy such as environment protection rule for sewage water treatment plants put forward by the government bodies across the world towards development of sustainable water systems, is a major factor expected to positively impact growth of the pump mechanical seals market.

In oil & gas industry, safety and reliability are important. Therefore, players in the oil & gas industry are adopting innovative mechanical seal solutions such as elastomer seals, O-ring seals, and bellow seal. Furthermore, leakages from the oil & gas industry are explosive, therefore the use of mechanical seals are mandatory in these industries, which drives the growth of APAC pump mechanical seals market.

Key features of the study:

  • This report provides in-depth analysis of the APAC pump mechanical seals market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2021– 2028), considering 2020 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading  market players
  • It profiles leading players in the APAC pump mechanical seals market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
  • The companies covered as a part of this study include John Crane Eagleburgmann, Flowserve Corporation, AESSEAL Plc., Shutterstock, Inc., Meccanotecnica Umbra Spa, Vulcan Engineering Limited, Garlock, Sichuan Sunny Seal Co. Ltd., Sulzer Ltd., and James Walker
  • Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
  • The APAC pump mechanical seals market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the APAC pump mechanical seals market

Detailed Segmentation

  • APAC Pump Mechanical Seals Market, By Design Type:
    • Pusher Seals
    • Non-pusher Seals
    • Cartridge Seals
  • APAC Pump Mechanical Seals Market, By Industry:
    • Oil & Gas
    • Power
    • Water Treatment & Water Supply
    • Chemicals
    • Pharmaceutical
    • Mining & Mineral Extraction
    • Pulp & Paper Processing
    • Others
  • Company Profiles
    • John Crane *
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments/ Updates
    • Eagleburgmann
    • Flowserve Corporation
    • AESSEAL Plc.
    • Shutterstock, Inc.
    • Meccanotecnica Umbra Spa
    • Vulcan Engineering Limited
    • Garlock
    • Sichuan Sunny Seal Co. Ltd.
    • Sulzer Ltd.
    • James Walker

“*” marked represents similar segmentation in other categories in the respective section.

Frequently Asked Questions

The APAC pump mechanical seals market is expected to reach US$ 4.09 billion by 2028
The market is expected to witness a CAGR of 6.78% during the forecast period (2021-2028).
Increase in demand for mechanical pump seals in oil & gas industry is expected to aid in growth of the market.
The oil & gas segment held the largest market share in the market in 2020.
North America held the largest share in the market in 2020, accounting for 43.2% share in terms of value.
Key players operating in the market are John Crane, Eagleburgmann, Flowserve Corporation, AESSEAL Plc., Shutterstock, Inc., Meccanotecnica Umbra Spa, Vulcan Engineering Limited, Garlock, Sichuan Sunny Seal Co. Ltd., Sulzer Ltd., and James Walker.

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