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Oil and Gas Processing Seals Market Size to Reach around USD 6 Billion by 2025 – Arizton

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Oil and Gas Processing Seals Market Size to Reach around USD 6 Billion by 2025 – Arizton

February 24
19:03 2021

The oil and gas processing seals market by revenue is expected to grow at a CAGR of over 2% during the period 2020–2025.

 

Several seal manufacturers are significantly focusing on innovations in terms of design and efficiency. Increasing investments and the recent discovery of oil fields in emerging countries such as India, Australia, and Brazil are expected to increase sealing solutions during the forecast period. With the increasing awareness of sustainability across the globe, oil and gas seal manufacturing companies adopt innovative manufacturing practices and technologies. The adoption of smart precision manufacturing and the availability of raw materials for seal manufacturing is expected to propel the production. The COVID-19 outbreak has hit several industries; however, the oil and gas industry has been the worst affected.

 

The following factors are likely to contribute to the growth of the oil and gas processing seals market during the forecast period:

  • Development of Smart Oilfields
  • Adoption of Enhanced Oil Recovery (EOR) Technique
  • Increased Upstream Production Activities

 

The study considers the present scenario of the oil and gas processing seals market and its market dynamics for the period 2019−2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspect of the market. It profiles and examines leading companies and other prominent ones operating in the market.

 

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Oil and Gas Processing Seals Market – Vendor Profiles

 

Prominent Vendors

  • EnPro Industries
  • Flowserve Corporation
  • John Crane
  • Parker-Hannifin Corporation
  • Idex Corporation
  • Trelleborg

 

Other Prominent Vendors

  • Freudenberg Oil and Gas Technologies
  • M.Barnwell Services
  • Green Tweed
  • CDI Energy Products
  • Aesseal
  • Saint-Gobain
  • Techno AD

 

Oil and Gas Processing Seals Market – Segmentation

 

Material Type

  • Elastomers
  • Thermoplastics
  • Others

Product Type

  • O-rings
  • U-cup seals
  • Back-up ring
  • Spring energized seals
  • Others

Application

  • Downstream
  • Midstream
  • Upstream

By Geography

  • North America
    • US
    • Canada
  • Europe
    • UK
    • Norway
    • Russia
    • Denmark
    • Italy
  • APAC
    • China
    • Indonesia
    • Australia
    • India
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • Iran
    • Iraq
    • UAE
    • Others

 

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Oil and Gas Processing Seals Market – Table of Contents

 

1              Research Methodology

2              Research Objectives

3              Research Process

 

4              Scope & Coverage

4.1          Market Definition

4.1.1      Inclusions

4.1.2      Exclusions

4.2          Base Year

4.3          Scope of The Study

4.3.1      Market Segmentation by Material Type

4.3.2      Market Segmentation by Product Type

4.3.3      Market Segmentation by Application

4.3.4      Market Segmentation by Geography

 

5              Report Assumptions & Caveats

5.1          Key Caveats

5.2          Currency Conversion

5.3          Market Derivation

 

6              Market at a Glance

7              Introduction

7.1          Overview

7.1.1      Static & Dynamic Seals

7.1.2      Oil and gas Seals Market Comparison 2019 & 2025

7.2          Impact Of COVID-19

7.2.1      Production & Consumption Insights

7.3          Global Economy: 2019

7.4          Global Oil and Gas Industry Outlook

7.4.1      Overview

7.4.2      Midterm Outlook Up To 2022

7.4.3      Long-term Outlook Upto 2025 and beyond

7.4.4      Factors Impacting Demand

 

8              Market Opportunities & Trends

8.1          Smart Oil Filed Innovation

8.2          Developments In Sealing Products In Adherence To Challenging Environment

8.3          Adoption Of Enhanced Oil Recovery (EOR) Technique

 

9              Market Growth Enablers

9.1          Increasing Upstream Production Activities

9.2          Huge Consumption of Oil And Gas Globally

9.3          Unconventional Oil Production in US & Beyond

 

10           Market Restraints

10.1        Shift to Renewable & Alternative Energy Sources

10.2        Adverse Impact Of COVID-19

 

11           Market Landscape

11.1        Market Overview

11.1.1    Key Insights

11.2        Market Size & Forecast

11.3        Five Forces Analysis

11.3.1    Threat of New Entrants

11.3.2    Bargaining Power of Suppliers

11.3.3    Bargaining Power of Buyers

11.3.4    Threat of Substitutes

11.3.5    Competitive Rivalry

 

12           Material

12.1        Market Snapshot & Growth Engine

12.2        Market Overview

12.2.1    Competitive Market

12.3        Elastomers

12.3.1    Market Overview

12.3.2    Market Size & Forecast

12.3.3    Market by Geography

12.4        Thermoplastics

12.4.1    Market Overview

12.4.2    Market Size & Forecast

12.4.3    Market by Geography

12.5        Others

12.5.1    Market Overview

12.5.2    Market Size & Forecast

12.5.3    Market by Geography

 

13           Product

13.1        Market Snapshot & Growth Engine

13.2        Market Overview

13.3        O-Rings

13.3.1    Market Overview

13.3.2    Market Size & Forecast

13.3.3    Market by Geography

13.4        U-Cup Seals

13.4.1    Market Overview

13.4.2    Market Size & Forecast

13.4.3    Market by Geography

13.5        Back-Up Rings

13.5.1    Market Overview

13.5.2    Market Size & Forecast

13.5.3    Market by Geography

13.6        Spring Energized Seals

13.6.1    Market Overview

13.6.2    Market Size & Forecast

13.6.3    Market by Geography

13.7        Others

13.7.1    Market Overview

13.7.2    Market Size & Forecast

13.7.3    Market by Geography

 

14           Application

14.1        Market Snapshot & Growth Engine

14.2        Market Overview

14.2.1    Upstream

14.2.2    Downstream

14.2.3    Midstream

14.3        Downstream Oil and Gas Industry

14.3.1    Market Overview

14.3.2    Oil and Gas Refinery Insights

14.3.3    Market Size & Forecast

14.3.4    Market by Geography

14.4        Upstream Oil and Gas Industry

14.4.1    Market Overview

14.4.2    Oil and Gas Production Insights

14.4.3    Key Restraints

14.4.4    Market Size & Forecast

14.4.5    Market by Geography

14.5        Midstream Oil and Gas Industry

14.5.1    Market Overview

14.5.2    Market Size & Forecast

14.5.3    Market by Geography

 

15           Geography

15.1        Market Snapshot & Growth Engine

15.2        Geographic Overview

15.2.1    Middle East & Africa

15.2.2    North America

15.2.3    Europe

15.2.4    APAC

15.2.5    Latin America

 

16           Middle East & Africa

16.1        Market Overview

16.2        Market Size & Forecast

16.3        Material Type

16.3.1    Market Snapshot & Growth Engine

16.3.2    Elastomers: Market Size & Forecast

16.3.3    Thermoplastics: Market Size & Forecast

16.3.4    Others: Market Size & Forecast

16.4        Product Type

16.4.1    Market Snapshot & Growth Engine

16.4.2    O-rings: Market Size & Forecast

16.4.3    U-cup Seals: Market Size & Forecast

16.4.4    Back-up Rings: Market Size & Forecast

16.4.5    Spring Energized Seals: Market Size & Forecast

16.4.6    Others: Market Size & Forecast

16.5        Application

16.5.1    Market Snapshot & Growth Engine

16.5.2    Downstream Oil and gas Industry: Market Size & Forecast

16.5.3    Upstream Oil and gas Industry: Market Size & Forecast

16.5.4    Midstream Oil and gas Industry: Market Size & Forecast

16.6        Key Countries

16.6.1    Saudi Arabia: Market Size & Forecast

16.6.2    Iran: Market Size & Forecast

16.6.3    Iraq: Market Size & Forecast

16.6.4    UAE: Market Size & Forecast

16.6.5    Rest of Middle East & Africa: Market Size & Forecast

 

17           North America

17.1        Market Overview

17.2        Market Size & Forecast

17.3        Material Type

17.3.1    Market Snapshot & Growth Engine

17.3.2    Elastomers: Market Size & Forecast

17.3.3    Thermoplastics: Market Size & Forecast

17.3.4    Others: Market Size & Forecast

17.4        Product Type

17.4.1    Market Snapshot & Growth Engine

17.4.2    O-rings: Market Size & Forecast

17.4.3    U-cup Seals: Market Size & Forecast

17.4.4    Back-up Rings: Market Size & Forecast

17.4.5    Spring Energized Seals: Market Size & Forecast

17.4.6    Others: Market Size & Forecast

17.5        Application

17.5.1    Market Snapshot & Growth Engine

17.5.2    Downstream Oil and gas Industry: Market Size & Forecast

17.5.3    Upstream Oil and gas Industry: Market Size & Forecast

17.5.4    Midstream Oil and gas Industry: Market Size & Forecast

17.6        Key Countries

17.6.1    US: Market Size & Forecast

17.6.2    Canada: Market Size & Forecast

 

18           Europe

18.1        Market Overview

18.2        Market Size & Forecast

18.3        Material Type

18.3.1    Market Snapshot & Growth Engine

18.3.2    Elastomers: Market Size & Forecast

18.3.3    Thermoplastics: Market Size & Forecast

18.3.4    Others: Market Size & Forecast

18.4        Product Type

18.4.1    Market Snapshot & Growth Engine

18.4.2    O-rings: Market Size & Forecast

18.4.3    U-cup Seals: Market Size & Forecast

18.4.4    Back-up Rings: Market Size & Forecast

18.4.5    Spring Energized Seals: Market Size & Forecast

18.4.6    Others: Market Size & Forecast

18.5        Application

18.5.1    Market Snapshot & Growth Engine

18.5.2    Downstream Oil and Gas Industry: Market Size & Forecast

18.5.3    Upstream Oil and gas Industry: Market Size & Forecast

18.5.4    Midstream Oil and gas Industry: Market Size & Forecast

18.6        Key Countries

18.6.1    Russia: Market Size & Forecast

18.6.2    Norway: Market Size & Forecast

18.6.3    Italy: Market Size & Forecast

18.6.4    UK: Market Size & Forecast

18.6.5    Denmark: Market Size & Forecast

 

19           APAC

19.1        Market Overview

19.1.1    Market Size & Forecast

19.2        Material Type

19.2.1    Market Snapshot & Growth Engine

19.2.2    Elastomers: Market Size & Forecast

19.2.3    Thermoplastics: Market Size & Forecast

19.2.4    Others: Market Size & Forecast

19.3        Product Type

19.3.1    Market Snapshot & Growth Engine

19.3.2    O-rings: Market Size & Forecast

19.3.3    U-cup Seals: Market Size & Forecast

19.3.4    Back-up Rings: Market Size & Forecast

19.3.5    Spring Energized Seals: Market Size & Forecast

19.3.6    Others: Market Size & Forecast

19.4        Application

19.4.1    Market Snapshot & Growth Engine

19.4.2    Downstream Oil and gas Industry: Market Size & Forecast

19.4.3    Upstream Oil and gas Industry: Market Size & Forecast

19.4.4    Midstream Oil and gas Industry: Market Size & Forecast

19.5        Key Countries

19.5.1    China: Market Size & Forecast

19.5.2    India: Market Size & Forecast

19.5.3    Indonesia & Malaysia: Market Size & Forecast

19.5.4    Australia: Market Size & Forecast

19.5.5    Rest Of APAC: Market Size & Forecast

 

20           Latin America

20.1        Market Overview

20.2        Market Size & Forecast

20.3        Material Type

20.3.1    Market Snapshot & Growth Engine

20.3.2    Elastomers: Market Size & Forecast

20.3.3    Thermoplastics: Market Size & Forecast

20.3.4    Others: Market Size & Forecast

20.4        Product Type

20.4.1    Market Snapshot & Growth Engine

20.4.2    O-rings: Market Size & Forecast

20.4.3    U-cup Seals: Market Size & Forecast

20.4.4    Back-up Rings: Market Size & Forecast

20.4.5    Spring Energized Seals: Market Size & Forecast

20.4.6    Others: Market Size & Forecast

20.5        Application

20.5.1    Market Snapshot & Growth Engine

20.5.2    Downstream Oil and gas Industry: Market Size & Forecast

20.5.3    Upstream Oil and gas Industry: Market Size & Forecast

20.5.4    Midstream Oil and gas Industry: Market Size & Forecast

20.6        Key Countries

20.6.1    Mexico: Market Size & Forecast

20.6.2    Brazil: Market Size & Forecast

20.6.3    Rest of Latin America: Market Size & Forecast

 

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About Arizton Advisory & Intelligence

Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

Arizton has gained a paramount standpoint in the market research arena as it offers top of the line solutions to clients to assess market landscape and to finalize fool proof business strategies. We are committed to provide inclusive market research reports and consulting services to clients from diversified industries including –Consumer Goods & Retail Technology, Automotive and Mobility, Smart Tech, Healthcare and Lifesciences, Industrial Machinery, Chemicals and Materials, IT and Media, Logistics and Packaging

Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.

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Call: +1-312-235-2040/+1 302 469 0707

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