Market Insights
Pipe seals are components that are used to support joints between different elements of piping. They prevent leakage, contamination, and absorb pressure. Pipe seals include gaskets, O-rings, lip rings, block seals, and connector seals, among others. Pipe seals accounted for merely 1.4% share of the total seals market in 2021. The market experienced a decline of -4.8% in 2020, significantly lower than that of a decline in the overall seals market (-10.7% decline in 2020).
Overall, the pipe seals market is likely to rebound at a healthy CAGR of 4.8% during the forecast period to reach a value of US$ 1.2 Billion in 2027. Growing building construction and residential projects, increasing spending on pipeline infrastructure (new and rehabilitation of pipes), and growing concerns about reducing water wastage due to pipe leaks drive the demand for pipe seals in the near future.
The panoramic view of the pipe seals market cannot be sketched precisely unless there is a complete understanding of its regional outlook as well as the regional dynamics with regard to applications of seals and sealing materials. For instance, SPR seals are the most common sealing material in the North American region, whereas EPDM seals are more common in the Asian pipe seals market. Similarly, in terms of pipes, there is also a sheer dominance of PVC plastic pipes in North America, whereas HDPE or MDPE plastic pipes are more common in Europe. This becomes imperative for the market participants to have complete knowledge of the regional dynamics in order to formulate the growth strategies for different regions based on their products, market, and regional synergies.
Segments' Analysis
Based on the pipe type, the pipe seals market is segmented as plastic pipes, concrete/clay pipes, and others. In the overall market, plastic pipe is expected to remain the largest and fastest-growing segment of the market during the forecast period. The dominance of pipe types varies from region to region. For instance, plastic pipe is dominant in North America for both sewage and potable water applications, whereas concrete pipe is dominant in Europe for sewage applications. Plastic pipes are gradually replacing steel/ductile iron pipes.
Based on the application type, the pipe seals market is segmented as sewage, drinking water, and industrial. Sewage is expected to remain the largest segment of the market during the forecast period. An increase in repair and replacement of aging sewer and water pipes drives the segment’s market. Gaskets, O-rings, connector seals, and lip seals are the majorly used seals for wastewater application.
Based on the material type, the market is segmented as EPDM, SBR, and others. A wide range of materials including EPDM and SBR are used to manufacture pipe seals. EPDM is expected to be the most dominant and also the fastest-growing material type in the market during the forecast period, owing to its excellent properties such as resistance to ozone, weather, sunlight, aging, water & steam, alkalis, acids, and oxygenated solvents; excellent heat resistance; and good flexibility at low temperatures. EPDM is the preferred material in Europe and Asia-Pacific, whereas SBR is in North America.
Based on the product type, the market is segmented as gaskets, O-rings, and others. Gasket is expected to remain the dominant segment of the market during the forecast period, owing to its higher usage in all the major applications (wastewater, potable water, and industrial). O-ring is likely to remain the second-dominant and fastest-growing product type in the foreseen future.
In terms of regions, Asia-Pacific is expected to remain the largest market for pipe seals during the forecast period, largely driven by China and India. Increasing infrastructure investments, coupled with a large population base, is increasing the demand for pipes and thus seals. Europe and North America also have sizable market shares.
Key Players
The supply chain of this market comprises raw material suppliers, pipe seal manufacturers, distributors, contractors/installers, and end-users. The following are the key players in the pipe seals market (arranged alphabetically).
- CSI Cordes Sealing Systems International GmbH
- Gulf Engineered Rubber and Plastics
- Hamilton Kent LLC
- Hauff-Technik GmbH & Co. KG
- Hultec + Bode GmbH
- M.O.L Gummiverarbeitung GmbH & Co. KG
- Trelleborg AB
- VIP-Polymers Ltd.
- Woco Industrietechnik GmbH
Research Methodology
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s pipe 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. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis.
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
- Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
- Attractive market segments and associated growth opportunities.
- Emerging trends.
- Strategic growth opportunities for the existing and new players.
- Key success factors.
The pipe seals market is segmented into the following categories.
Pipe Seals Market, by Application Type
- Sewage (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Drinking Water (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Industrial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Pipe Seals Market, by Pipe Type
- Plastic Pipes (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Concrete/Clay Pipes (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Pipe Seals Market, by Product Type
- O-rings (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Gaskets (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Pipe Seals Market, by Material Type
- EPDM (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- SBR (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others
- (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- (Type Analysis: NBR and FKM)
Pipe Seals Market, by Region
- North America (Country Analysis: The USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, The UK, Russia, and Rest of Europe)
- Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific)
- Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)
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
