Lucintel Forecasts the Global High Pressure Seal Market is expected to grow with a CAGR of 2.8% from 2024 to 2030
Lucintel Forecasts the Global High Pressure Seal Market is expected to grow with a CAGR of 2.8% from 2024 to 2030
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According to a market report by Lucintel, the future of the global high pressure seal market looks promising with opportunities in the oil & gas, chemical & petrochemical, aerospace & defense, power generation, manufacturing, mining, and pharmaceutical markets. The global high pressure seal market is expected to grow with a CAGR of 2.8% from 2024 to 2030. The major drivers for this market are growing need for reliable and durable sealing solutions, expanding number of solar and wind power projects worldwide, and rising emphasis on the exploration of unconventional oil and gas reserves.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in high pressure seal market to 2030 by material (metal, TPU, HNBR, fluoroelastomers, EPDM, and others), end use (oil & gas, chemical & petrochemical, aerospace & defense, power generation, manufacturing, mining, pharmaceutical, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
In this market, metal, tpu, hnbr, fluoroelastomers, and epdm are the major segments of high pressure seal market by application type. Lucintel forecasts that epdm is expected to witness the highest growth over the forecast period due to its better weather resistance, good low-temperature flexibility, and better heat resistance.
Within this market, oil & gas is expected to witness the highest growth due to substantial use of high pressure seal in pipe couplings, valves, compressors, and hydraulic pumps.
Download sample by clicking on high pressure seal market
North America is expected to witness highest growth over the forecast period due to growing demand for high-pressure seals from well-established aerospace and defence industries of this region.
du Pont de Nemours and Company, Solvay, 3M Company, Saint-Gobain, Lubrizol, OMNOVA, and Zeon Chemicals are the major suppliers in the high pressure seal market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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