What is the fastest-growing segment in the high-pressure seals market?
The EPDM (ethylene propylene diene monomer rubber) segment is expected to be the fastest-growing due to its excellent low-temperature flexibility, heat resistance, and weatherability, making it ideal for power generation in developing economies.
Which region dominates the high-pressure seals market?
Asia Pacific leads the market due to rapid industrialization in countries like China and India. The high demand for power generation seals further fuels regional growth.
What are the key players in the high-pressure seals market?
Major players include Smiths Group, Lubrizol Corporation, Aesseal, Saint-Gobain, SKF AB, and John Crane. They offer diverse solutions for various industries like oil & gas, aerospace, and automotive.
Which end-user industry dominates the high-pressure seals market?
The oil & gas industry remains the primary user of high-pressure seals due to their critical role in preventing leakage and ensuring safety in various oil & gas processes.