Market Highlights: Pump packaging refers to sealing which reduces the leakage to the external atmosphere from the pumps and helps to improve the overall efficiency of the piping system. Pump packaging market has high growth prospects owing to increasing demand from the chemical and oil & gas industry. Market players are focusing on providing compact packaging for the pumps. Further, rising demand from the developing economies owing to growing industrialization expected to drive the demand for pump packaging over the forecasted period. The market study is being classified by Type (Carbon Packing and PTFE Packing), by Application (Residential and Industrial) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Pump Packing are EagleBurgmann Germany GmbH & Co. KG (Germany), Slade Inc. (United States), Carrara S.p.a. (Italy), WL Gore&Associates (United States), Donit Tesnit (Slovenia), American Braiding & Manufacturing (United States), Flexitallic L.P. (United States), EnPro Industries (United States), Utex Industries (United States), James Walker (United Kingdom) and Nippon Pillar Corporation of America (United States).
Key Questions Answered in the Report What will the Pump Packing Market size and the growth rate be in Future? What are the key factors driving the Pump Packing Market? What are the key market trends and macro-economic impacting the growth of the Pump Packing Market? What are the challenges to market growth? Who are the key vendors in the Pump Packing Market? What are the market opportunities and threats faced by the vendors in the Pump Packing Market? Trending factors influencing the market shares of the Vendors. What are the key outcomes of the five forces analysis of the Pump Packing Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Pump Packing market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Pump Packing market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Pump Packing Providers, Associations, Organizations, Forums, and Alliances, Government Bodies and Departments, Research Institutes, Business Consulting Firms and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.