Mechanical Seals Market in the Middle East 2017-2021

Have a look at the key details offered by the mechanical seals market in the Middle East research report

Overview of the mechanical seals market in the Middle East

Technavio’s market research analyst predicts the mechanical seals market in the Middle East to grow steadily at a CAGR of above 5% by 2021. One of the primary mechanical seals market drivers is the rise in the demand for high-quality mechanical seals in the Middle East region. This rise in the popularity of high-quality mechanical seals is primarily due to their high precision range, and reliability with equipment having rotating shafts. Steady growth in the automotive and oil and gas industries in the US has created a high demand for high-quality seals manufactured from superior quality materials and polymers to provide enhanced results. The need to enhance the performance of engineering equipment is one of the key drivers of the mechanical seal market. High-quality mechanical seals help in reducing downtime and improve the performance of the equipment by protecting the equipment from contaminants or the leak of toxic gases by providing a perfect fit to the two mating surfaces of the equipment. Further, the continual innovations and advancements in technology in mechanical seals will propel the mechanical seal market demand in the Middle East during the forecast period.

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One of the latest mechanical seals market trends gaining traction is the growing use of superior quality raw materials. The requirement of mechanical seals to be used in harsh environmental conditions and high temperatures has compelled manufacturers to use superior quality raw materials in the manufacture of mechanical seals. At present, high-quality raw materials such as rubbers, silicone, fluoroelastomer, aramid fiber, carbon fiber, cellulose fiber, glass fiber, and mineral fiber are preferred for the manufacture of non-metallic mechanical seals as they have high tensile power, durability, stability, and resistance to chemicals and acids. As a result of the high durability of these materials, the aftermarket for high-quality mechanical seals will witness a slight decline in the coming years.

Competitive landscape and key vendors

The mechanical seals market in the Middle East is witnessing intense competition among the major vendors in the market. Apart from the top mechanical seal manufacturers, several regional and local vendors have started manufacturing customized mechanical seals globally. According to this mechanical seals market research report, these mechanical seals are available at a lower price than their international counterparts. This increasing saturation has further intensified the competition in the Middle Eastern mechanical seals market in terms of quality, features, functionalities, and services.  

Leading vendors in the market are -

• AESSEAL
• Chesterton
• EagleBurgmann
• Flowserve
• John Crane

Other prominent vendors in the mechanical seals market include Arabian Seals, James Walker, KSB, MEOS, Garlock (part of EnPro Industries), and TREM. 

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Segmentation by product type and analysis of the mechanical seals market in the Middle East

• Wet seals
• Dry seals

During 2016, the dry seal segment dominated the market with the largest mechanical seals market share. This market dominance of the dry seal's segment can be attributed to the high adoption rate of dry seals in the market. Also, superior quality and better efficiency will further augment the growth of seals such as pump seal and shaft seal in the coming years.

Segmentation by end-user type and analysis of the mechanical seals market in the Middle East

• Oil and gas
• Power
• Water and wastewater
• Petrochemical
• Metal processing
• Paper and pulp
• Food and beverage

In this mechanical seals market research analysis, the oil and gas sector has been estimated to dominate the mechanical seals market in the Middle East during the forecast period. Extensive usage of mechanical seals in agitators and pumps is the major contributor to the dominance of this sector in the Middle Eastern mechanical seals market.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the mechanical seals market in the Middle East?
• What are the key market trends impacting the growth of the mechanical seals market in the Middle East?
• What are the challenges to market growth?
• Who are the key vendors in the mechanical seals market in the Middle East?
• What are the market opportunities and threats faced by the vendors in the mechanical seals market in the Middle East?
• Trending factors influencing the market shares in the Middle East.
• What are the key outcomes of the five forces analysis of the mechanical seals market in the Middle East?

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