DUBLIN, February 11, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/pj56q7/global_mechanical) has announced the addition of the "Global Mechanical Seals Market - Industry Analysis 2015-2019" report to their offering.
(Logo: http://photos.prnewswire.com/prnh/20130307/600769 )
The global mechanical seals market is expected to grow at a CAGR of over 9% during the forecast period.
Vehicle downsizing and light weighing assemblies of seals is an emerging trend in the automotive sector that has helped in improving fuel efficiency and reducing emissions. Lightweight assemblies are attained by replacing mechanical metal seals with high-strength plastics that can endure heat and high pressure in automotive components.
According to the report, many governments worldwide and international organizations such as the US EPA have set stringent regulations and standards for the mining, refining, oil and gas, power, and chemicals industries. The regulations control toxic emissions, maintain safety of operations, and prevent gas and fluid leakages through pipes, boilers, and other equipment. To meet the standards laid down, superior quality seals have to be manufactured that can prevent contamination of the product.
Further, the report states that leakage in mechanical seals is a serious concern as it causes operational failure.
Due to rise in urbanization and industrialization, the APAC region accounted for the highest share and will continue till the end of the forecasted period. The market research analysts also note that China will play an essential role in fueling the demand for mechanical seals as it has increased oil and gas production to fulfill its rising energy demand.
- John Crane
- Bal Seal Engineering
- Flexitallic Group
- Garlock Sealing Technology
- Henniges Automotive Sealing Systems
- Hutchinson Sealing Systems
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by end-users
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
For more information visit http://www.researchandmarkets.com/research/pj56q7/global_mechanical
About Research and Markets:
Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
SOURCE Research and Markets