What is Cartridge Seals Market?
Cartridge seals are self-contained design consisting of shaft sleeve, seal and gland plate requiring no assembly prior to installation. Cartridge seal is fitted onto the pump shaft as a built assembly and ideal for plant wide standardization and save time with easy installation. Cartridge seal helps to reduce errors associated with seal setting and eventually also reduces the maintenance required. Growing demand for high-quality cartridge seal driving the growth of the cartridge seal market.
Highlights from Cartridge Seals Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | AW Chesterton Company (United States), Flowserve Corporation (United States), AESSEAL (United Kingdom), Flowserve (United States), John Crane (United States), Flex-A-Seal Inc. (United States), Garlock Sealing Technologies (United States), James Walker & Co. (United Kingdom), Bal Seal Engineering, Inc. (United States) and Cooper-Standard Automotive (United States) |
There is a lot of fragmentation in the Cartridge Seals Landspace. As a result of continuous product enhancements made by all production businesses using their extensive R&D resources and investments, the industry is currently extremely competitive, with the majority of market leaders. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Cartridge Seals market throughout the forecasted period.
AW Chesterton Company (United States), Flowserve Corporation (United States), AESSEAL (United Kingdom), Flowserve (United States), John Crane (United States), Flex-A-Seal Inc. (United States), Garlock Sealing Technologies (United States), James Walker & Co. (United Kingdom), Bal Seal Engineering, Inc. (United States) and Cooper-Standard Automotive (United States) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Federal-Mogul (United States), The Flexitallic Group (United States), Henniges Automotive Sealing Systems (United States) and Hutchinson Sealing Systems (France). Cartridge Seals Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Oil and Gas, Chemical and Petrochemical, Power, Water and Wastewater Treatment and Others |
Type | Single Cartridge Seal and Double Cartridge Seal |
Distribution Channel | Online,Offline |
On the basis of geography, the market of Cartridge Seals has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Demand for Cartridge Seal from Pharmaceutical Sector and Use of Superior Quality Raw Materials
Market Growth Drivers:
High Demand from Water and Wastewater Industry and Increased Demand of Cartridge Seals In Various Pumps and Compressor Applications
Challenges:
Intense Competition among the Vendors and Challenges in Manufacturing, Designing And Installing Seals
Restraints:
High Cost of the Cartridge Seals
Opportunities:
Growth in Water and Water Treatment Plant in Developing Countries and Increase in Oil and Gas Production
Key Target Audience
Cartridge Seal Manufacturers, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End user
Market Leaders & Development Strategies
On 28th March 2019, John Crane, a global leader in rotating equipment solutions, supply engineered technologies and services to process industries, announced the introduction of T4111 Single-use Elastomer Bellows Cartridge Seal. The company’s product is designed to seal centrifugal and rotary pumps and similar rotary shaft equipment. T4111 is a low-cost, general-purpose sealing solution designed for low-duty applications.