404
+1-313-307-4176
sales@stratviewresearch.com
Pipe Seals Market Report
Pipe Seals Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2021-2026
Pipe Seals Market is Segmented by Product Type (Gaskets, O-Rings, and Others), by Material Type (EPDM, SBR, and Others), by Pipe Type (Plastic Pipes, Concrete/Clay Pipes, and Steel/Ductile Iron Pipes), by Application Type...
Pipe seals are components used to support the joints between different elements of piping, by preventing leakage, absorbing pressure, or excluding contamination. Pipe seals include gaskets, O-rings, lip rings, block seals, connector seals, etc. Pipe seals accounted for merely 1.4% of the total seals market in 2020. The market experienced a decline of -2.8% in 2020, significantly lower than that of a decline in the overall seals market (-10.2% decline in 2020). Overall, the pipe seals market is likely to rebound at a promising CAGR of 4.2% in the long run to reach US$ 1.0 Billion in 2026. Growing building construction and residential projects, increasing new and rehabilitation infrastructure spending, and growing concerns about reducing water wastage through pipe leaks drive the demand for pipe seals in the near future.
The panoramic view of the pipe seals market cannot be sketched precisely if there is no complete understanding of its regional outlook as regional dynamics with regard to seals applications, sealing materials, as well as market competition contrast enormously. For instance, SPR seals are a more common sealing material in the North American pipe seals market, whereas EPDM seals are more common in the Asian pipe seals market. Analogously, in terms of pipe, 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.
Wish to get a free sample? Register Here
Based on the pipe type, the pipe seals market is segmented as plastic pipes, concrete/clay pipes, and steel/ductile iron pipes. 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 application. Plastic pipes are gradually replacing steel/ductile iron pipes.
Based on the application type, the pipe seals market is segmented as wastewater, potable water, and others. Wastewater is expected to remain the largest segment of the market during the forecast period. An increase in repair and replacement of the aging sewer and water pipes drive the segment’s market. Gaskets, O-rings, connector seals, and lip seals are the majorly used seals for wastewater application.
A wide range of materials including EPDM, SBR, NBR, etc. are used to manufacture pipe seals. EPDM is by far the most dominant and also the fastest-growing material type in the market during the forecast period, owing to its excellent properties such as good 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 and SBR is in North America.
Gaskets, O-Rings, lip seals, and connector seals have majorly used seal types in the market. 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 the 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. Increased investments in infrastructure coupled with a large population base are creating a greater demand for pipes and so seal. Europe and North America also hold sizeable market sizes in the market.
The supply chain of this market comprises raw material suppliers, pipe seals manufacturer, distributors, contractors/installers, and end users. The following are the key players in the pipe seals market.
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 2021 to 2026. 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 12 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.
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:
The pipe seals market is segmented into the following categories.
Pipe Seals Market, by Product Type
Pipe Seals Market, by Material Type
Pipe Seals Market, by Pipe Type
Pipe Seals Market, by Application Type
Pipe Seals Market, by Region
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Competitive Benchmarking
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
The pipe seals market is estimated to grow at a CAGR of 4.2% over the next five years to reach US$ 1.0 billion in 2026.
Hultec + Bode, Trelleborg AB, M.O.L Gummiverarbeitung GmbH & Co. KG, Hauff-Technik GmbH & Co. KG, Gulf Engineered Rubber and Plastics., Hamilton Kent LLC, Woco Industrietechnik GmbH, VIP-Polymers Ltd, and CSI Cordes Sealing Systems International GmbH are the leading players in the pipe seals market.
Asia-Pacific is estimated to remain dominant in the pipe seals market in the foreseen future.
Plastic pipe is expected to remain the largest consumer in the pipe seals market in the coming years.
WE ACCEPT
