High Pressure Seals Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to high pressure seals market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

High Pressure Seals Market News

  • ​​ In November 2023, Trelleborg Sealing Solutions has announced that it is set to break ground on a 1,000 square-feet hydrogen testing lab in Fort Wayne, Indiana with construction scheduled to be completed in Q1 of 2024. The lab space gives Trelleborg the capacity to expand its existing and future hydrogen testing capabilities.
  • In September 2023, Trelleborg launched the H2Pro range of sealing materials for every application of the hydrogen value chain, including a new ethylene propylene diene monomer (EPDM) rubber for high-pressure environments across a wide range of temperatures and a unique thermoplastic polyurethane (TPU) for very low temperatures.
  • In September 2022, Hydract, a company that specializes in valve technologies for the hygienic liquid processing industry, has partnered with Freudenberg Sealing Technologies to develop three food-legislation-compliant seals for Hydract’s patented water-hydraulic process valves.

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Global High Pressure Seals Market size was valued at USD 5.34 billion in 2023 and is poised to grow from USD 5.68 billion in 2024 to USD 9.25 billion by 2032, growing at a CAGR of 6.3% during the forecast period (2025-2032).

The high-pressure seals market is fragmented and highly competitive, with the presence of a large number of players. The fragments include numerous small and medium-sized manufacturers competing alongside larger players. To meet the surging demand for high-performance seals from numerous industries, several manufacturers are developing new materials that can perform efficiently under harsh conditions. Meanwhile, a few other reputed key players are focusing on research and development activities to develop a combination of metal, elastomer, and fibres that can offer the required properties and deliver the desired performance under tough conditions. Key market players are also constantly undertaking initiatives such as acquisitions, joint ventures, collaborations, and partnerships to expand their footprint in the market. These activities have paved the way for the expansion of business and customer base. Research and innovation are key to the growth of this market. Competitors in this industry must significantly invest in development of improved and cost-effective solutions to attract more customers in the coming future. 'Flowserve Corporation (United States) ', 'Parker Hannifin Corporation (United States) ', 'SKF (Sweden) ', 'Trelleborg AB (Sweden) ', 'Freudenberg Group (Germany) ', 'James Walker Group (United Kingdom) ', 'Eagle Industry Co., Ltd. (Japan) ', 'NOK Corporation (Japan) ', 'Ingersoll Rand plc (United States) ', 'Garlock Sealing Technologies (United States) ', 'John Crane (United States) ', 'AESSEAL plc (United Kingdom) ', 'Bal Seal Engineering, Inc. (United States) ', 'Technetics Group (United States) ', 'Kalsi Engineering, Inc. (United States) ', 'EagleBurgmann (Germany) ', 'CDI Products (United States) ', 'Fluorten S.r.l. (Italy)'

Economies worldwide are experiencing a growing demand for energy, particularly emerging economies. To fulfil this need, there is an increased investments in oil and gas exploration, power generation, chemical processing, and renewable energy projects. This in turn is driving the demand for high-pressure seals used in critical infrastructures. The growth of such industries necessitates the use of high-pressure seals in equipment such as pumps, valves, compressors, and pipelines.

Innovation in Materials: There is a growing emphasis on developing high-performance seal materials that offer superior properties such as chemical resistance, temperature stability, low friction, and durability. Material innovations, including advanced elastomers, thermoplastics, and composite materials, are driving improvements in seal performance and longevity.

North America dominates the high-pressure seals market. North America has a strong presence in industries such as oil and gas, automotive, and manufacturing, all of which are significant consumers of high-pressure seals. The aerospace and defence sector in this region also contributes to the demand for high-pressure seals, driven by companies like Boeing, Lockheed Martin, and Northrop Grumman. The dominance of this region can also be attributed to the presence of key companies such as DuPont, Parker, Performance Sealing, James Walker and Bal Seal.

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Global High Pressure Seals Market 
High Pressure Seals Market

Report ID: SQMIG20I2285

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