Chemicals and Materials High Pressure Seals Market New

EPDM estimated to be fastest-growing material segment of the high-pressure seals market The EPDM (ethylene propylene diene monomer rubber) segment is projected to be the fastest-growing material segment of the market between 2016 and 2021. EPDM-based high-pressure seals are used in the power generation industry. These seals provide better weather resistance, good low-temperature flexibility, and good heat resistance. Along with economic growth, the demand for electricity is also growing at a high rate in countries such as China, India, and Southeast Asian countries. This will propel the demand for EPDM- based high-pressure seals during the next few years. Rising demand in Asia-Pacific is the major driver for growth of high pressure seals market In 2015, Asia-Pacific accounted for the largest share of the global High- Pressure Seals Market and the market in this region is also expected to grow at the highest rate from 2016 to 2026. China is currently the largest market for high pressure seals in Asia-Pacific and is expected to remain so during the forecast period. China, being the largest car industry, globally, has evolved as the major market for high pressure seals that are essentially required for the manufacturing of car components and equipment. India is the fastest-growing market for high pressure seals. Increasing demand from the pharmaceutical, mining, and aerospace & defense industries drives the high-pressure seals market in these countries. For more information, download PDF brochure at, https://www.marketsandmarkets.com/pdfdownload.asp?id=174142748 The key companies profiled in the high pressure seals market research report are John Crane (U.S.), EagleBurgmann Germany GmbH & Co Kg (Germany), Flowserve Corp. (U.S.), AES Corporation (U.S.), Garlock Sealing Technologies LLC (U.S.), Svenska Kullagerfabriken AB (Sweden), James Walker & Co (U.K.), Parker Hannifin Corporation (U.S.), EKATO Corporation (U.S.), Saint-Gobain S.A. (France), and EI du Pont de Nemours & Co (U.S.).

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