Scope of the Study
The oil and gas processing seals help to prevent leakage of oil and gas. The seals used in the oil and gas processing are critical to the safe, reliable and efficient operation of a wide range of onshore and offshore equipment in an equally wide range of conditions. They are used in hot summer as well as cold winters. They have to resist service temperatures as low as -162 degree Celsius and as high as 900 degree Celsius. They have to handle system pressure 345 to 2070 bar, resist aggressive fluid media, sour gas and salt water as well as the injection of hot steam.
The market study is being classified by Type (Single Seal and Double Seal), by Application (Upstream, Midstream and Downstream) and major geographies with country level break-up.
John Crane (United States), Freudenberg Group (Germany), Solenis (United States), Flowserve Corporation (United States), Parker Hannifin Corp (United States), Saint-Gobain (France), Trelleborg AB (Sweden), Precision Polymer Engineering (United Kingdom), DuPont (United States) and Techno AD Ltd (Israel) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are M. Barnwell Services Limited (United Kingdom), Performance Sealing Inc. (United States) and Ceetak Ltd (United Kingdom).
Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Oil & Gas Processing Seals market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Oil & Gas Processing Seals market by Type, Application and Region.
On the basis of geography, the market of Oil & Gas Processing Seals has been segmented into 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). If we see Market by Material, the sub-segment i.e. Metal will boost the Oil & Gas Processing Seals market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Demand from Oil and Gas and Chemicals and Petrochemical Industry in Developing Countries
- Increased Crude Oil Production
- Material Science Advancements
- Gland Packaging and Seal-Less Pumps
- Discovery of New Oilfields
- Specific Requirements from End-Use Industries
On 18th September 2018, John Crane, international rotating equipment specialist, launched its latest gas seal technology, which is designed to be retrofitted into centrifugal compressors with oil seals and cuts operating costs, improves reliability and reduces methane emissions by up to 95%.
Key Target AudienceOil and Gas Processing Seals Manufacturers, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase