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The discovery of shale gas production also plays a significant role in boosting the demand for mechanical seals, as it has triggered oil production and exploration activities, especially in the US. Similarly, even modern hydrocarbon processing plants require highly reliable seals to limit the leakage of fluids. Therefore, these developments will bode well for the market growth during the forecast period. CAGR Forecast Purchase a Copy at

The oil and gas industry is the largest revenue generator of the mechanical seals market due to increase in production of shale gas in developed and developing countries and is expected to remain at the top till the end of the forecasted period. Factors such as new oil and gas exploration activities coupled with extensive investment in pipelines and refineries in the Americas, the Middle East, Africa, and the APAC region will further escalate the market growth. Report Covers Inquire Further on the Report at buying?rname=46046http:// buying?rname=46046

Mechanical seals are widely used in the oil and gas, chemical, water and wastewater, and power industries as they prevent leakage of industrial contaminants as well as corrosion and fatigue that can reduce the efficiency and cycle life of the equipment. They also play a crucial role in the production and transportation process in the oil and gas industry, making it a significant end-user of this market. The global mechanical seals market is expected to grow at a CAGR of over 9% during the forecast period. About Mechanical Seals Complete Report is market-industry-analysis htmlhttp:// market-industry-analysis html

Due to rise in urbanization and industrialization, the APAC region accounted for the highest share and will continue till the end of the forecasted period. The market research analysts also note that China will play an essential role in fueling the demand for mechanical seals as it has increased oil and gas production to fulfill its rising energy demand. Market Key Components Discount on the Report at

Chesterton, EagleBurgmann, Flowserve, Flex-a-Seal and John Crane Other Prominent Vendor. Bal Seal Engineering, Cooper-Standard, Federal-Mogul, Flexitallic Group, Garlock Sealing Technology Key Vendors Henniges Automotive Sealing Systems, Hutchinson Sealing Systems, Timken, Trelleborg Order By Fax:

Key RegionsAmericaEMEAAPAC Key Regions Browse Other Reports on Manufacturing Market.Manufacturing Market

What will the market size be in 2019 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors? NOTE: This Report Is NOT Free Of Charge. Key Questions Answered in this Report Call: |

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