Dublin, Nov. 10, 2023 (GLOBE NEWSWIRE) -- The "High Pressure Seals - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for High Pressure Seals estimated at US$5.1 Billion in the year 2022, is projected to reach a revised size of US$7.2 Billion by 2030, growing at a CAGR of 4.5% over the analysis period 2022-2030.
EPDM, one of the segments analyzed in the report, is projected to record a 5.6% CAGR and reach US$2.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the HNBR segment is readjusted to a revised 4.5% CAGR for the next 8-year period. 
The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 7.7% CAGR
The High Pressure Seals market in the U.S. is estimated at US$1.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2030 trailing a CAGR of 7.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.3% and 5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.3% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$961.9 Million by the year 2030.
Select Competitors (Total 56 Featured) -
- Aesseal PLC
- American High Performance Seals, Inc.
- Ekato Holding GmbH
- Flowserve Corporation
- James Walker UK Ltd.
- John Crane
- Seal House Ltd.
- SKF Group
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 251 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $5.1 Billion |
| Forecasted Market Value (USD) by 2030 | $7.2 Billion |
| Compound Annual Growth Rate | 4.4% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- High Pressure Seals: A Prelude
- High Pressure Seals - Global Key Competitors Percentage Market Share in 2022 (E)
- Global EPDM Weatherstrip Seal Market: Percentage Breakdown of Volume Sales by Leading Players for the Year 2019E
- Impact of Covid-19 and a Looming Global Recession
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Increasing Efficiency in Offshore Oil Production Lays a Strong Foundation for High Pressure Seals Market Growth
- Global Oil Production in mb/d During 2010-2020
- Global Oil and Gas Processing Seals Market: Breakdown of Revenues in US$ Billion for the Years 2018, 2020, 2022 and 2024
- Global Offshore Crude Oil Production in Million Barrels during 2010-2020
- Positive World Energy Outlook Exhibiting Rising Fuel and Energy Demand Propels Market Growth
- Global Nuclear Consumption in Quadrillion British Thermal Units for the Years 2010, 2020, 2030 and 2040
- Global Natural Gas Consumption in Quadrillion British Thermal Units for the Years 2010, 2020, 2030 and 2040
- Primary Energy Consumption by Region in Billion TOE for the Years 2010, 2015, 2020, 2025 and 2030
- Expected Recovery in Oil Prices: An Opportunity Indicator
- Annual Oil Prices in US$/bbl for the Years 2015, 2016, 2017, 2018 and 2019 (Q1)
- Increasing Number of Petrochemical Processing Projects Worldwide Creates Positive Environment for High Pressure Seals Market
- Opportunities in Nuclear Power Generation: A Significant Growth Driver
- Global Nuclear Electricity Generation in Trillion Kilowatthours for the Years 2010, 2015, 2020, 2025, 2030 and 2035
- Increasing Applications of High Pressure Seals in Aerospace, Manufacturing, Mining, Pharma and Other Industries Boost Growth
- Challenges
- Fast Degradation of Elastomeric Seals: A Growth Inhibitor
- Increasing Interest in Renewable Energy: Another Growth Restraint
- Benefits of Gland Packing and Seal-Less Pumps to Overshadow Growth of High Pressure Seals
- Product Overview
- What is a Seal?
- High Pressure Seals: An Overview
- High Pressure Seals: History and Applications
- High Pressure Seals by Material Type
- Metal High Pressure Seals
- Thermoplastic Polyurethanes (TPU) High Pressure Seals
- Hydrogenated Nitrile Butadiene Rubber (HNBR) High Pressure Seals
- Fluoroelastomers High Pressure Seals
- Ethylene Propylene Diene Monomer (EPDM) High Pressure Seals
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/pwjt7x
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