Cartridge seals market size to grow by USD 253.08 million from 2022 to 2027: Rapid increase in demand for aftermarket cartridge seals to drive growth – Technavio

NEW YORK, May 1, 2023 /PRNewswire/ — The global cartridge seals market size is estimated to increase by USD 253.08 million from 2022 to 2027. The market’s growth momentum will progress at a CAGR of 4.32%. The rapid increase in demand for aftermarket cartridge seals is driving market growth. Various industries, such as chemical, pharmaceutical, oil and gas, use cartridges to prevent leakage and contamination. The demand for aftermarket cartridge seals is increasing owing to factors such as the need for cost-effective solutions, rapid replacement, and regular maintenance. Cartridge seals need to be replaced regularly to meet emission regulations, eliminate leaks, and maintain process efficiency. Therefore, replacing or upgrading cartridge seals is contributing to the growth of the global cartridge seal market. Discover some key insights on market size, historic period (2017-2021), and forecast period (2023-2027) before buying the full report – Request a sample report

Cartridge seals market – Vendor analysis
Vendor landscape –

The global cartridge seals market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer cartridge seals in the market are A.W. Chesterton Co., AES Engineering Ltd., Anhui YALAN Seal Component Co. Ltd., Avon Seals Pvt. Ltd., EnPro Industries Inc., Flexaseal Engineered Seals and Systems LLC, Flowserve Corp., Leak Pack Engineering Pvt. Ltd., Meccanotecnica Umbra S.p.A., MICROTEM Srl, PPC Mechanical Seals, Quba Seals India Pvt. Ltd., Saisi Mechanical Seal Co. Ltd., Smiths Group Plc, Tenneco Inc., The Timken Co., Trelleborg AB, TREM Engineering JSC, Hefei Supseals International Trade Co. Ltd., and Kaman Corp. and others.

Vendors offer a wide portfolio of cartridge seals for various industries, such as oil and gas, water and wastewater treatment, and chemical. The growth of these industries will fuel the demand for cartridge seals during the forecast period. The rising demand is expected to intensity the competition in the market. Moreover, as the market is in the late growth stage of the product lifecycle, the growth of the market is highly dependent on the growth of end-user industries. Hence, the market is expected to witness a moderate level of competition among vendors during the forecast period.

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Vendor offerings –

• AES Engineering Ltd. – The company offers cartridge seals such as single mechanical cartridges, high performance mechanical seals, and Bi metal FIDC cartridges.
• Anhui YALAN Seal Component Co. Ltd. – The company offers cartridge seals such as double balanced 0 ring pusher mechanical seals and spring pusher seals.
• EnPro Industries Inc. – The company offers cartridge seals such as 3D cartridge seals, GMP I single cartridge seals, GMP II double cartridge seals, and Style 85 cartridge seals.
• Flexaseal Engineered Seals and Systems LLC – The company offers cartridge seals such as single cartridge seals, split cartridge seals, and dual cartridge seals.
• For details on vendors and their offerings – Request a sample report

Cartridge seals market – Segmentation assessment

Segment overview
Technavio has segmented the market based on application (oil and gas, power, chemical and petrochemical, and water and wastewater), type (single seals and double seals), and geography (North America, Middle East and Africa, Europe, APAC, and South America). 

• The oil and gas segment will account for a significant share of the market growth during the forecast period. Cartridge seals are annular mechanical seals. They form a sealing surface under the pressure of an incompressible liquid. Cartridge seals are used in the oil and gas sector, as they have several advantages over other types of seals, such as no leakage at high temperatures, long service life, among others. They help prevent leaks and reduce maintenance costs. Therefore, the increasing demand for cartridge seals in the oil and gas industry is expected to drive the growth of the global cartridge seals market during the forecast period.

Geography overview
The report provides actionable insights and estimates the contribution of all regions to the growth of the global cartridge seals market.

• North America is estimated to account for 34% of the growth of the global market during the forecast period. The US is the biggest contributor of revenue of the regional market. The increasing demand for oil has encouraged companies to expand the number of oil and gas rigs in operation. High E&P activity will lead to the production of large amounts of oil and gas from non-traditional sources. In addition, the trade dispute between the US and Iran has increased the need for domestic oil production in North America. Such factors will increase the demand for cartridge seals in the region during the forecast period.  

Global, regional, and country-level parameters related insights lead to various growth
opportunities from 2017 to 2027 – Download a sample report

Cartridge seals market – Market dynamics

Key trends – The increase in investments in offshore production is a key trend in the market. Offshore exploration includes the extraction of oil and gas below the seabed. Equipment such as pumps, compressors, and mixers use cartridge seals to prevent leaks and ensure safe and efficient operation. Governments and oil and gas companies are investing significantly in offshore production. For instance, in April 2022, ExxonMobil announced an investment of USD 10 billion in offshore oil and gas production in Guyana. Such investments in offshore manufacturing is expected to support the growth of the global cartridge seals market during the forecast period.

Major challenges – The emergence of alternative techniques is challenging market growth. Mechanical seals and sealless pumps are some of the various alternatives to cartridge seals. Sealless pumps are designed to eliminate the need for seals and have several advantages. As a result, many industries prefer sealless pumps instead of traditional pumps with cartridge seals. Mechanical seals also offer several advantages, such as better sealing performance and longer lifespan. Such factors are expected to impede the growth of the market during the forecast period.

Find more key insights about market dynamics in the sample PDF report!

What are the key data covered in this cartridge seals market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the cartridge seals market between 2023 and 2027
• Precise estimation of the size of the cartridge seals market size and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the cartridge seals market across North America, Middle East and Africa, Europe, APAC, and South America
• A thorough analysis of the market’s competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of cartridge seals market vendors

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Related Reports:

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Table of contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global cartridge seals market 2017 – 2021 
• Exhibit 18: Historic Market Size – Data Table on Global cartridge seals market 2017 – 2021 ($ million)

• 4.2 Application Segment Analysis 2017 – 2021 
• Exhibit 19: Historic Market Size – Application Segment 2017 – 2021 ($ million)

• 4.3 Type Segment Analysis 2017 – 2021 
• Exhibit 20: Historic Market Size – Type Segment 2017 – 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 – 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)

• 4.5 Country Segment Analysis 2017 – 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis – Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Application

• 6.1 Market segments
• Exhibit 30: Chart on Application – Market share 2022-2027 (%)
• Exhibit 31: Data Table on Application – Market share 2022-2027 (%)

• 6.2 Comparison by Application 
• Exhibit 32: Chart on Comparison by Application
• Exhibit 33: Data Table on Comparison by Application

• 6.3 Oil and gas – Market size and forecast 2022-2027 
• Exhibit 34: Chart on Oil and gas – Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Oil and gas – Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Oil and gas – Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Oil and gas – Year-over-year growth 2022-2027 (%)

• 6.4 Power – Market size and forecast 2022-2027 
• Exhibit 38: Chart on Power – Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Power – Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Power – Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Power – Year-over-year growth 2022-2027 (%)

• 6.5 Chemical and petrochemical – Market size and forecast 2022-2027 
• Exhibit 42: Chart on Chemical and petrochemical – Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Chemical and petrochemical – Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Chemical and petrochemical – Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Chemical and petrochemical – Year-over-year growth 2022-2027 (%)

• 6.6 Water and wastewater – Market size and forecast 2022-2027 
• Exhibit 46: Chart on Water and wastewater – Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Water and wastewater – Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Water and wastewater – Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Water and wastewater – Year-over-year growth 2022-2027 (%)

• 6.7 Market opportunity by Application 
• Exhibit 50: Market opportunity by Application ($ million)
• Exhibit 51: Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Type

• 7.1 Market segments
• Exhibit 52: Chart on Type – Market share 2022-2027 (%)
• Exhibit 53: Data Table on Type – Market share 2022-2027 (%)

• 7.2 Comparison by Type
• Exhibit 54: Chart on Comparison by Type
• Exhibit 55: Data Table on Comparison by Type

• 7.3 Single seals – Market size and forecast 2022-2027 
• Exhibit 56: Chart on Single seals – Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Data Table on Single seals – Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Chart on Single seals – Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Single seals – Year-over-year growth 2022-2027 (%)

• 7.4 Double seals – Market size and forecast 2022-2027 
• Exhibit 60: Chart on Double seals – Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Data Table on Double seals – Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Chart on Double seals – Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Double seals – Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Type 
• Exhibit 64: Market opportunity by Type ($ million)
• Exhibit 65: Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 67: Chart on Market share by geography 2022-2027 (%)
• Exhibit 68: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 69: Chart on Geographic comparison
• Exhibit 70: Data Table on Geographic comparison

• 9.3 North America – Market size and forecast 2022-2027 
• Exhibit 71: Chart on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Data Table on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Chart on North America – Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on North America – Year-over-year growth 2022-2027 (%)

• 9.4 Middle East and Africa – Market size and forecast 2022-2027 
• Exhibit 75: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)

• 9.5 Europe – Market size and forecast 2022-2027 
• Exhibit 79: Chart on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on Europe – Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on Europe – Year-over-year growth 2022-2027 (%)

• 9.6 APAC – Market size and forecast 2022-2027 
• Exhibit 83: Chart on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on APAC – Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on APAC – Year-over-year growth 2022-2027 (%)

• 9.7 South America – Market size and forecast 2022-2027 
• Exhibit 87: Chart on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on South America – Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on South America – Year-over-year growth 2022-2027 (%)

• 9.8 US – Market size and forecast 2022-2027 
• Exhibit 91: Chart on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on US – Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on US – Year-over-year growth 2022-2027 (%)

• 9.9 France – Market size and forecast 2022-2027 
• Exhibit 95: Chart on France – Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on France – Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on France – Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on France – Year-over-year growth 2022-2027 (%)

• 9.10 China – Market size and forecast 2022-2027 
• Exhibit 99: Chart on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on China – Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on China – Year-over-year growth 2022-2027 (%)

• 9.11 Canada – Market size and forecast 2022-2027 
• Exhibit 103: Chart on Canada – Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on Canada – Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on Canada – Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on Canada – Year-over-year growth 2022-2027 (%)

• 9.12 UK – Market size and forecast 2022-2027 
• Exhibit 107: Chart on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 108: Data Table on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 109: Chart on UK – Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on UK – Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 111: Market opportunity by geography ($ million)
• Exhibit 112: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 113: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 114: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 115: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 116: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 117: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 118: Matrix on vendor position and classification

• 12.3 A.W. Chesterton Co.
• Exhibit 119: A.W. Chesterton Co. – Overview
• Exhibit 120: A.W. Chesterton Co. – Product / Service
• Exhibit 121: A.W. Chesterton Co. – Key offerings

• 12.4 AES Engineering Ltd.
• Exhibit 122: AES Engineering Ltd. – Overview
• Exhibit 123: AES Engineering Ltd. – Product / Service
• Exhibit 124: AES Engineering Ltd. – Key offerings

• 12.5 Anhui YALAN Seal Component Co. Ltd. 
• Exhibit 125: Anhui YALAN Seal Component Co. Ltd. – Overview
• Exhibit 126: Anhui YALAN Seal Component Co. Ltd. – Product / Service
• Exhibit 127: Anhui YALAN Seal Component Co. Ltd. – Key offerings

• 12.6 EnPro Industries Inc. 
• Exhibit 128: EnPro Industries Inc. – Overview
• Exhibit 129: EnPro Industries Inc. – Business segments
• Exhibit 130: EnPro Industries Inc. – Key offerings
• Exhibit 131: EnPro Industries Inc. – Segment focus

• 12.7 Flexaseal Engineered Seals and Systems LLC 
• Exhibit 132: Flexaseal Engineered Seals and Systems LLC – Overview
• Exhibit 133: Flexaseal Engineered Seals and Systems LLC – Product / Service
• Exhibit 134: Flexaseal Engineered Seals and Systems LLC – Key offerings

• 12.8 Flowserve Corp.
• Exhibit 135: Flowserve Corp. – Overview
• Exhibit 136: Flowserve Corp. – Business segments
• Exhibit 137: Flowserve Corp. – Key news
• Exhibit 138: Flowserve Corp. – Key offerings
• Exhibit 139: Flowserve Corp. – Segment focus

• 12.9 Hefei Supseals International Trade Co. Ltd. 
• Exhibit 140: Hefei Supseals International Trade Co. Ltd. – Overview
• Exhibit 141: Hefei Supseals International Trade Co. Ltd. – Product / Service
• Exhibit 142: Hefei Supseals International Trade Co. Ltd. – Key offerings

• 12.10 Kaman Corp.
• Exhibit 143: Kaman Corp. – Overview
• Exhibit 144: Kaman Corp. – Product / Service
• Exhibit 145: Kaman Corp. – Key offerings

• 12.11 Leak Pack Engineering Pvt. Ltd. 
• Exhibit 146: Leak Pack Engineering Pvt. Ltd. – Overview
• Exhibit 147: Leak Pack Engineering Pvt. Ltd. – Product / Service
• Exhibit 148: Leak Pack Engineering Pvt. Ltd. – Key offerings

• 12.12 Meccanotecnica Umbra S.p.A. 
• Exhibit 149: Meccanotecnica Umbra S.p.A. – Overview
• Exhibit 150: Meccanotecnica Umbra S.p.A. – Product / Service
• Exhibit 151: Meccanotecnica Umbra S.p.A. – Key offerings

• 12.13 MICROTEM Srl
• Exhibit 152: MICROTEM Srl – Overview
• Exhibit 153: MICROTEM Srl – Product / Service
• Exhibit 154: MICROTEM Srl – Key offerings

• 12.14 PPC Mechanical Seals
• Exhibit 155: PPC Mechanical Seals – Overview
• Exhibit 156: PPC Mechanical Seals – Product / Service
• Exhibit 157: PPC Mechanical Seals – Key offerings

• 12.15 Quba Seals India Pvt. Ltd. 
• Exhibit 158: Quba Seals India Pvt. Ltd. – Overview
• Exhibit 159: Quba Seals India Pvt. Ltd. – Product / Service
• Exhibit 160: Quba Seals India Pvt. Ltd. – Key offerings

• 12.16 Saisi Mechanical Seal Co. Ltd. 
• Exhibit 161: Saisi Mechanical Seal Co. Ltd. – Overview
• Exhibit 162: Saisi Mechanical Seal Co. Ltd. – Product / Service
• Exhibit 163: Saisi Mechanical Seal Co. Ltd. – Key offerings

• 12.17 Smiths Group Plc
• Exhibit 164: Smiths Group Plc – Overview
• Exhibit 165: Smiths Group Plc – Business segments
• Exhibit 166: Smiths Group Plc – Key news
• Exhibit 167: Smiths Group Plc – Key offerings
• Exhibit 168: Smiths Group Plc – Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 169: Inclusions checklist
• Exhibit 170: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 171: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 172: Research methodology
• Exhibit 173: Validation techniques employed for market sizing
• Exhibit 174: Information sources

• 13.5 List of abbreviations 
• Exhibit 175: List of abbreviations

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