Mechanical seals converge/connect parts of systems or mechanisms to prevent the leakage of fluids. The plumbing systems in the oil and gas, power, water and waste water, manufacturing, aerospace, automotive, electrical and electronics, and petrochemical industries use these seals to prevent fluid leakage by maintaining the pressure flow. The plumbing mechanism that the industry employs determines the type of seals that are required for joining the parts.
Technavio’s analysts forecast the mechanical seals market in the Middle East to grow at a CAGR of 5.32% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the mechanical seals market in the Middle East for 2017-2021. To calculate the market size, the report considers the demand for mechanical seals from various end-user industries.
Technavio's report, Mechanical Seals Market in The Middle East 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Other prominent vendors - Arabian Seals - James Walker - KSB - MEOS - Garlock (part of EnPro Industries) - TREM
Market driver - Rising demand from oil and gas industry - For a full, detailed list, view our report
Market challenge - Leaks leading to shut down - For a full, detailed list, view our report
Market trend - Use of superior quality raw materials - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2021 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
Our reports have been used by over 10K customers, including:
According to Stratistics MRC, the Global Gasket & Seals Market is valued at $59.73 billion in 2016 and is expected to reach $97.16 billion by 2023 growing at a CAGR of 7.2% from 2016 to 2023. Rise in vehicle production propels the growth of the market. In addition increase in tough emission standards will drive the market during forecasting...