Stratview Research delivers key insights into the global Mechanical Seals Market. According to Stratview Research, the market is segmented By End-Use Industry Type (Oil & Gas, Energy & Power, Food & Beverages, Chemical Processing, Metals & Mining, Automotive, and Others), by Material Type (Elastomers, Thermoplastics, and Metals), by Product Type (Wet Gas Seals and Dry Gas Seals), by Design Type (Pusher Seals and Non-Pusher Seals), by Force Distribution Type (Balanced Seals and Unbalanced Seals), by Arrangement Type (Single Mechanical Seals and Multiple Mechanical Seals), by Assembly Type (Cartridge Seals and Component Seals), by Application Type (Pumps, Compressors, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
According to the report, the mechanical seals market is set to grow at an impressive CAGR of 4.1% over the next five years to reach US$ 4.5 billion in 2026.
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