Global Cartridge Seals Market Trajectory & Analytics Report 2020: Oil & Gas is Projected to Account for $740.5 Million of the $2.2 Billion Market by 2027 - ResearchAndMarkets.com

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The "Cartridge Seals - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Cartridge Seals estimated at US$1.4 Billion in the year 2020, is projected to reach a revised size of US$2.2 Billion by 2027, growing at a CAGR of 6.8% over the analysis period 2020-2027.

Oil & Gas, one of the segments analyzed in the report, is projected to record a 7.5% CAGR and reach US$740.5 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Chemical segment is readjusted to a revised 6.4% CAGR for the next 7-year period.

The U. S. Market is Estimated at $370 Million, While China is Forecast to Grow at 10.4% CAGR

The Cartridge Seals market in the U. S. is estimated at US$370 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$475.5 Million by the year 2027 trailing a CAGR of 10.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.7% and 6.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.

Water & Wastewater Segment to Record 6.8% CAGR

In the global Water & Wastewater segment, USA, Canada, Japan, China and Europe will drive the 6.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$267.1 Million in the year 2020 will reach a projected size of US$409.2 Million by the close of the analysis period.

China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$295.2 Million by the year 2027, while Latin America will expand at a 8.1% CAGR through the analysis period.

The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:

  • A. W. Chesterton Company

  • Aesseal PLC

  • EagleBurgmann (Switzerland) AG

  • Flex-A-Seal, Inc.

  • Flowserve Corporation

  • Garlock Sealing Technologies LLC

  • James Walker Australia Pty., Ltd.

  • John Crane

  • Vulcan Engineering Limited

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Global Competitor Market Shares

  • Cartridge Seals Competitor Market Share Scenario Worldwide (in %): 2019 & 2025

  • Impact of COVID-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

  • Cartridge Seals Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027

  • Cartridge Seals Global Retrospective Market Scenario in US$ Thousand by Region/Country: 2012-2019

  • Cartridge Seals Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027

  • Oil & Gas (End-Use) Global Opportunity Assessment in US$ Thousand by Region/Country: 2020-2027

  • Oil & Gas (End-Use) Historic Sales Analysis in US$ Thousand by Region/Country: 2012-2019

  • Oil & Gas (End-Use) Percentage Share Breakdown of Global Sales by Region/Country: 2012 VS 2020 VS 2027

  • Chemical (End-Use) Worldwide Sales in US$ Thousand by Region/Country: 2020-2027

  • Chemical (End-Use) Historic Demand Patterns in US$ Thousand by Region/Country: 2012-2019

  • Chemical (End-Use) Market Share Shift across Key Geographies: 2012 VS 2020 VS 2027

  • Water & Wastewater (End-Use) Global Market Estimates & Forecasts in US$ Thousand by Region/Country: 2020-2027

  • Water & Wastewater (End-Use) Retrospective Demand Analysis in US$ Thousand by Region/Country: 2012-2019

  • Water & Wastewater (End-Use) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027

  • Other End-Uses (End-Use) Demand Potential Worldwide in US$ Thousand by Region/Country: 2020-2027

  • Other End-Uses (End-Use) Historic Sales Analysis in US$ Thousand by Region/Country: 2012-2019

  • Other End-Uses (End-Use) Share Breakdown Review by Region/Country: 2012 VS 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

  • Market Facts & Figures

  • Cartridge Seals Market Share (in %) by Company: 2019 & 2025

  • Market Analytics

  • Cartridge Seals Latent Demand Forecasts in US$ Thousand by End-Use: 2020 to 2027

  • Cartridge Seals Historic Demand Patterns by End-Use in US$ Thousand for 2012-2019

  • Cartridge Seals Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027

IV. COMPETITION

  • Total Companies Profiled: 41

For more information about this report visit https://www.researchandmarkets.com/r/qf5ozz

View source version on businesswire.com: https://www.businesswire.com/news/home/20210119005444/en/

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