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  • Pharmaceutical Processing Equipment Seals Market Analysis | 2022-2027

    Pharmaceutical Processing Equipment Seals Market Analysis | 2022-2027

    Pharmaceutical Processing Equipment Seals Market Analysis | 2022-2027
    Report code - SR2087 Published On : Aug,2022 No. of Pages: 120
    Pharmaceutical Processing Equipment Seals Market Size, Share, Trend, Forecast, Competitive See more...

    Market Highlights

    The Pharmaceutical Processing Equipment Seals Market is expected to grow at a healthy CAGR of 4.4% during the forecast period to reach a value of US$ 0.9 billion in 2027.  

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    Seals are used in the pharmaceutical processing industry to ensure strict hygiene regulations as well as to prevent germ contamination. In order to produce a finished product in this industry, various additives and chemicals must be added under high temperature and pressure conditions. Seals used in the pharmaceutical processing industry must be resistant to high temperatures and pressure, reactive chemicals, corrosion, and so on.

    The pharmaceutical processing equipment seals market has been growing with the use of new technological equipment to produce pharmaceutical products in bulk quantities with higher quality.  The global spread of the pandemic boosted the pharmaceutical processing equipment seals market, with pharmaceutical-producing companies establishing new production plants and upgrading old ones to meet the increased demand for pharmaceutical products worldwide and boost their production capacity. Many vaccine manufacturers established new manufacturing plants to increase vaccine supply worldwide. As a result, the pharmaceutical processing equipment seals market grew faster in 2021 than it did in 2020.

    Segments Analysis

    Segmentations

    List of Sub-Segments

    Dominant and Fastest-Growing Segments

    Product-Type Analysis

    O-Rings, Gaskets, Lip Seals, Profile Seals, and Others

    Profile seals are expected to remain the largest segment of the market during the forecast period.

    Material-Type Analysis

    Elastomeric Seals, Thermoplastic Seals, and Metallic Seals

    Elastomeric seals are expected to remain the most dominant product type in the market during the forecast period. 

    Motion-Type Analysis

    Static Seals, Linear Seals, and Rotary Seals

    Static seals are expected to remain the largest segment during the forecast period.

    Regional Analysis

    North America, Europe, Asia-Pacific, and Rest of the World

    Europe is expected to remain the largest market for pharmaceutical processing equipment seals during the forecast period.

     

    By Product Type

    The pharmaceutical processing equipment seals market is segmented as O-rings, gaskets, lip seals, profile seals, and others. Profile seals are expected to remain the largest segment of the market during the forecast period. Profile seals are used in various packaging and processing equipment in the pharmaceutical industry. Increasing production and supply of pharmaceutical products by the majority of manufacturers are likely to contribute to the market dominance of profile seals.

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    By Material Type

    The market is segmented into elastomeric seals, thermoplastic seals, and metallic seals. Elastomeric seals are expected to remain the most dominant product type in the market during the forecast period. The pharmaceutical processing industry requires seals with better mechanical performance and chemical resistance to reduce contamination in products during processing and packaging. Elastomer is the material that meets most of these requirements while also providing additional benefits such as temperature and pressure resistance, as well as unique elasticity and strength.

    By Motion Type

    The market is segmented into static seals, linear seals, and rotary seals. Static seals are expected to remain the largest, whereas rotary seals remain the fastest-growing segment of the market during the forecast period. The market dominance of profile seals is the major reason for the dominance of static seals.

    Regional Analysis

    In terms of regions, Europe is expected to remain the largest market for pharmaceutical processing equipment seals during the forecast period. The presence of major pharmaceutical exporting countries in the region, such as Germany, Switzerland, the Netherlands, and Belgium, contributes to Europe's dominance in the pharmaceutical processing equipment seals market. Furthermore, Asia-Pacific is expected to be the fastest-growing region in the market during the forecast period due to technological advancements and the expansion of the pharmaceutical market to meet the pharmaceutical demand of a rapidly growing population.

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    Key Players

    The following are the key players in the pharmaceutical processing equipment seals market:

    Research Methodology

    This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s pharmaceutical processing equipment seals market realities and future market possibilities for the forecast period of 2022 to 2027. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

    What Deliverables Will You Get in this Report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth Analysis of Pharmaceutical Processing Equipment Seals Market

    How lucrative is the future?

    Market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional, and country-level historical data and forecasts

    Which are the most attractive market segments?

    Market segment analysis and Forecast

    Which are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirement?

    10% free customization

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to three players)
    • SWOT analysis of key players (up to three players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com

    A Bird's Eye View of the Market

    The pharmaceutical processing equipment seals market is estimated to grow at a CAGR of 4.4% over the next five years.

    The pharmaceutical processing equipment seals market is likely to reach US$ 0.9 billion in 2027.

    Europe is estimated to remain dominant in the pharmaceutical processing equipment seals market in the foreseen future. Germany and Italy are the manufacturing hubs of the processing equipment including food & beverage processing and packaging, chemical processing equipment, and pharmaceutical processing equipment.

    Elastomeric seals are expected to remain the most dominant product type in the market during the forecast period.

    EnPro Industries, Flowserve Corporation, Freudenberg Sealing Technologies, Greene Tweed & Co., Hutchinson SA, James Walker & Co., Parker-Hannifin Corporation, Saint-Gobain SA, Smith Group PLC, and Trelleborg Sealing Solutions are the leading players in the pharmaceutical processing equipment seals market.

    The market is studied from 2016 - 2027.