Pharmaceutical Processing Seals Market

Executive Summary

Pharmaceutical Processing Seals Market was valued at US $2.33 billion in 2021 and is projected to grow at 10.77% CAGR over the forecast period to reach US $4.30 billion by 2027. Pharmaceutical Processing Seals Market represented US $0.43 billion opportunity over 2019-2021 and estimated to create US $1.97 billion opportunity in 2027 over 2021.

Pharmaceutical Processing Seals from Consainsights analyses the Pharmaceutical Processing Seals Market in the Life Sciences industry over the forecast period to 2027.

Pharmaceutical Processing Seals research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.

Pharmaceutical Processing Seals segmentation includes Material, Type, Application, Region and Geography.

Based on the Material, the Pharmaceutical Processing Seals analysis covers Metals, PTFE, Silicone, Nitrile Rubber, EPDM, Others.

In Material segment, Silicone segment has highest cagr growth of 9.51%.

Based on the Type, the Pharmaceutical Processing Seals analysis covers O-Rings, Gaskets, Lip Seals, D Seals, Others.

In Type segment, O-Rings segment has highest cagr growth of 9.51%.

Based on the Application, the Pharmaceutical Processing Seals analysis covers Manufacturing Equipment, Others.

In Application segment, Manufacturing Equipment segment has highest cagr growth of 9.51%.

Based on the Region, the Pharmaceutical Processing Seals analysis covers North America, APAC, Europe, South America, Middle East & Africa.

In Region segment, Europe segment has highest cagr growth of 9.51%.

Based on the region, the Pharmaceutical Processing Seals analysis covers North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America.

Key companies operating in the market include Trelleborg, Freudenberg Group, Flowserve Corporation, James Walker, Parker Hannifin Corporation, Saint-Gobain, Garlock, John Crane, Idex Corporation, Morgan Advanced Materials, Techno Ad Ltd., Additional Company Profiles and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.

Market Overview

Definition & Scope

The base currency considered was the US Dollar (USD). Conversion of other currencies to USD was considered on the basis of the average exchange rate for the respective review-period years. The exchange rate conversion for forecast period was determined according to the base year’s conversion rates.

The base year was identified based on the availability of annual reports and secondary information. The base year considered for this study is 2027.

The review period considered for this study is from 2018-2027. The CAGR is for the forecast period, 2022-2027.

Market size estimations for the forecast years were in real terms. Inflation is not part of the pricing, and the average selling price (ASP) was kept constant throughout the forecast period for each country.

Distribution of primary interviews conducted was based on the regional share of the market and the presence of key players in each region.

As a result of data triangulation through multiple methodologies and approaches, the weighted averages of resulting estimates were considered to be the final values.

Currency, Year & Forecast

The currency used in this report is USD, with the market size indicated in terms of USD million/billion.

For companies reporting their revenues in USD, the revenues were taken from their respective annual reports/SEC filings.

For companies reporting their revenues in other currencies, the average annual currency conversion rates were used for a particular year to convert the value to USD Market Definition.

Material

Introduction

In 2021, Metals segment has the highest revenue of US $0.87 billion and is expected to grow at CAGR of 9.51% by 2027 Silicone segment has highest cagr growth of 9.51%.

Metals

Metals segment was valued at US $0.71 billion in 2019 and is projected to grow at 9.51% CAGR over the forecast period to reach US $1.61 billion by 2027. Metals segment represented US $0.16 billion opportunity over 2019-2021 and estimated to create US $0.74 billion opportunity in 2027 over 2021.

PTFE

PTFE segment was valued at US $0.52 billion in 2019 and is projected to grow at 9.51% CAGR over the forecast period to reach US $1.18 billion by 2027. PTFE segment represented US $0.12 billion opportunity over 2019-2021 and estimated to create US $0.54 billion opportunity in 2027 over 2021.

Silicone

Silicone segment was valued at US $0.31 billion in 2019 and is projected to grow at 9.51% CAGR over the forecast period to reach US $0.70 billion by 2027. Silicone segment represented US $0.07 billion opportunity over 2019-2021 and estimated to create US $0.32 billion opportunity in 2027 over 2021.

Nitrile Rubber

Nitrile Rubber segment was valued at US $0.21 billion in 2019 and is projected to grow at 9.51% CAGR over the forecast period to reach US $0.47 billion by 2027. Nitrile Rubber segment represented US $0.05 billion opportunity over 2019-2021 and estimated to create US $0.21 billion opportunity in 2027 over 2021.

EPDM

EPDM segment was valued at US $0.09 billion in 2019 and is projected to grow at 9.51% CAGR over the forecast period to reach US $0.21 billion by 2027. EPDM segment represented US $0.02 billion opportunity over 2019-2021 and estimated to create US $0.10 billion opportunity in 2027 over 2021.

Others

Others segment was valued at US $0.06 billion in 2019 and is projected to grow at 9.51% CAGR over the forecast period to reach US $0.13 billion by 2027. Others segment represented US $0.01 billion opportunity over 2019-2021 and estimated to create US $0.06 billion opportunity in 2027 over 2021.

Type

Introduction

In 2021, O-Rings segment has the highest revenue of US $0.96 billion and is expected to grow at CAGR of 9.51% by 2027 O-Rings segment has highest cagr growth of 9.51%.

O-Rings

O-Rings segment was valued at US $0.79 billion in 2019 and is projected to grow at 9.51% CAGR over the forecast period to reach US $1.78 billion by 2027. O-Rings segment represented US $0.18 billion opportunity over 2019-2021 and estimated to create US $0.82 billion opportunity in 2027 over 2021.

Gaskets

Gaskets segment was valued at US $0.56 billion in 2019 and is projected to grow at 9.51% CAGR over the forecast period to reach US $1.26 billion by 2027. Gaskets segment represented US $0.13 billion opportunity over 2019-2021 and estimated to create US $0.58 billion opportunity in 2027 over 2021.

Lip Seals

Lip Seals segment was valued at US $0.39 billion in 2019 and is projected to grow at 9.51% CAGR over the forecast period to reach US $0.89 billion by 2027. Lip Seals segment represented US $0.09 billion opportunity over 2019-2021 and estimated to create US $0.41 billion opportunity in 2027 over 2021.

D Seals

D Seals segment was valued at US $0.10 billion in 2019 and is projected to grow at 9.51% CAGR over the forecast period to reach US $0.24 billion by 2027. D Seals segment represented US $0.02 billion opportunity over 2019-2021 and estimated to create US $0.11 billion opportunity in 2027 over 2021.

Others

Others segment was valued at US $0.06 billion in 2019 and is projected to grow at 9.51% CAGR over the forecast period to reach US $0.13 billion by 2027. Others segment represented US $0.01 billion opportunity over 2019-2021 and estimated to create US $0.06 billion opportunity in 2027 over 2021.

Application

Introduction

In 2021, Manufacturing Equipment segment has the highest revenue of US $1.67 billion and is expected to grow at CAGR of 9.51% by 2027 Manufacturing Equipment segment has highest cagr growth of 9.51%.

Manufacturing Equipment

Manufacturing Equipment segment was valued at US $1.36 billion in 2019 and is projected to grow at 9.51% CAGR over the forecast period to reach US $3.08 billion by 2027. Manufacturing Equipment segment represented US $0.31 billion opportunity over 2019-2021 and estimated to create US $1.41 billion opportunity in 2027 over 2021.

Others

Others segment was valued at US $0.54 billion in 2019 and is projected to grow at 9.51% CAGR over the forecast period to reach US $1.22 billion by 2027. Others segment represented US $0.12 billion opportunity over 2019-2021 and estimated to create US $0.56 billion opportunity in 2027 over 2021.

Region

Introduction

In 2021, North America segment has the highest revenue of US $0.95 billion and is expected to grow at CAGR of 9.51% by 2027 Europe segment has highest cagr growth of 9.51%.

North America

North America segment was valued at US $0.77 billion in 2019 and is projected to grow at 9.51% CAGR over the forecast period to reach US $1.75 billion by 2027. North America segment represented US $0.17 billion opportunity over 2019-2021 and estimated to create US $0.80 billion opportunity in 2027 over 2021.

APAC

APAC segment was valued at US $0.55 billion in 2019 and is projected to grow at 9.51% CAGR over the forecast period to reach US $1.25 billion by 2027. APAC segment represented US $0.13 billion opportunity over 2019-2021 and estimated to create US $0.58 billion opportunity in 2027 over 2021.

Europe

Europe segment was valued at US $0.20 billion in 2019 and is projected to grow at 9.51% CAGR over the forecast period to reach US $0.46 billion by 2027. Europe segment represented US $0.05 billion opportunity over 2019-2021 and estimated to create US $0.21 billion opportunity in 2027 over 2021.

South America

South America segment was valued at US $0.29 billion in 2019 and is projected to grow at 9.51% CAGR over the forecast period to reach US $0.65 billion by 2027. South America segment represented US $0.07 billion opportunity over 2019-2021 and estimated to create US $0.30 billion opportunity in 2027 over 2021.

Middle East & Africa

Middle East & Africa segment was valued at US $0.08 billion in 2019 and is projected to grow at 9.51% CAGR over the forecast period to reach US $0.18 billion by 2027. Middle East & Africa segment represented US $0.02 billion opportunity over 2019-2021 and estimated to create US $0.08 billion opportunity in 2027 over 2021.