Modern Rotary Shaft Seals Are Designed For Adverse Environmental Conditions And Temperatures.
According to MarketIntelReports' “Global Rotary Seals Market 2017-2021”:
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The rotary shaft seal is utilized in many application conditions like low speed reciprocating shafts to the high speed rotation shafts. It is also used in an equipment with a rotating shaft and can fulfil the needs of an application.
The Rotary Seals Market is propelled by oil and gas, power and chemical, wastewater sectors. These industries require the rotary shaft to stop the leakage of contaminants and toxic chemicals and gases.
It has superior low friction properties and can resist wear. The market consists of products like radial oil seals, rotary shaft seals, rubber v rings, mechanical face seals, and axial lip seals.
Scope & Regional Forecast of the Rotary Seals Market
The use of superior quality raw materials is an asset for the Rotary Seals Market. The modern mechanical seal is used for adverse environmental conditions and temperatures.
Raw materials like high grade steel alloys are required to tolerate high temperatures. The advanced high quality shaft seal ring has a growing demand due to its reliability and durability for boilers, centrifugals, effluent pumps, and dosing.
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The high pressure seals are used to seal compressors, mixers, reactors, agitators, and other equipment with rotating shaft. The shaft seal design has improved in quality due to the recent advances in technology.
Earlier, the traditional mechanicals seals were made from asbestos and graphite.
In 2016, Asia Pacific had a larger share of the market. This was due to the growing urbanisation and economic growth.
With the increase in the population, there has been a demand for fresh water and processed and agricultural food products. These features will positively influence the growth of the radial shaft seal in the future.
There is a lot of competition among the vendors in the market. Regional and local vendors have also started to make customized seals which are available at low prices.
Segmentations & Key Players Involved in the Rotary Seals Market
The Rotary Seals Market can be broken down into various segments as follows:
- End users- oil and gas, chemicals.
- Region- Americas, APAC, and EMEA.
Some of the key players involved in the Rotary Seals Market are as follows:
- Freudenberg Sealing Technologies
- Parker Hannifin
- Trelleborg Sealing Solutions
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