Futures and Commodity Market News
Oil and Gas Processing Seals Market Size to Reach around USD 6 Billion by 2025 – AriztonFeb 24, 2021 (AB Digital via COMTEX) — The oil and gas processing seals market by revenue is expected to grow at a CAGR of over 2% during the period 2020–2025. Several seal manufacturers are significantly focusing on innovations in terms of design and efficiency. Increasing investments and the recent discovery of oil fields in emerging countries such as India, Australia, and Brazil are expected to increase sealing solutions during the forecast period. With the increasing awareness of sustainability across the globe, oil and gas seal manufacturing companies adopt innovative manufacturing practices and technologies. The adoption of smart precision manufacturing and the availability of raw materials for seal manufacturing is expected to propel the production. The COVID-19 outbreak has hit several industries; however, the oil and gas industry has been the worst affected. The following factors are likely to contribute to the growth of the oil and gas processing seals market during the forecast period:
The study considers the present scenario of the oil and gas processing seals market and its market dynamics for the period 2019−2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspect of the market. It profiles and examines leading companies and other prominent ones operating in the market. Oil and Gas Processing Seals Market – Vendor Profiles Prominent Vendors
Other Prominent Vendors
Oil and Gas Processing Seals Market – Segmentation Material Type
Product Type
Application
By Geography
Oil and Gas Processing Seals Market – Table of Contents 1 Research Methodology 2 Research Objectives 3 Research Process 4 Scope & Coverage 4.1 Market Definition 4.1.1 Inclusions 4.1.2 Exclusions 4.2 Base Year 4.3 Scope of The Study 4.3.1 Market Segmentation by Material Type 4.3.2 Market Segmentation by Product Type 4.3.3 Market Segmentation by Application 4.3.4 Market Segmentation by Geography 5 Report Assumptions & Caveats 5.1 Key Caveats 5.2 Currency Conversion 5.3 Market Derivation 6 Market at a Glance 7 Introduction 7.1 Overview 7.1.1 Static & Dynamic Seals 7.1.2 Oil and gas Seals Market Comparison 2019 & 2025 7.2 Impact Of COVID-19 7.2.1 Production & Consumption Insights 7.3 Global Economy: 2019 7.4 Global Oil and Gas Industry Outlook 7.4.1 Overview 7.4.2 Midterm Outlook Up To 2022 7.4.3 Long-term Outlook Upto 2025 and beyond 7.4.4 Factors Impacting Demand 8 Market Opportunities & Trends 8.1 Smart Oil Filed Innovation 8.2 Developments In Sealing Products In Adherence To Challenging Environment 8.3 Adoption Of Enhanced Oil Recovery (EOR) Technique 9 Market Growth Enablers 9.1 Increasing Upstream Production Activities 9.2 Huge Consumption of Oil And Gas Globally 9.3 Unconventional Oil Production in US & Beyond 10 Market Restraints 10.1 Shift to Renewable & Alternative Energy Sources 10.2 Adverse Impact Of COVID-19 11 Market Landscape 11.1 Market Overview 11.1.1 Key Insights 11.2 Market Size & Forecast 11.3 Five Forces Analysis 11.3.1 Threat of New Entrants 11.3.2 Bargaining Power of Suppliers 11.3.3 Bargaining Power of Buyers 11.3.4 Threat of Substitutes 11.3.5 Competitive Rivalry 12 Material 12.1 Market Snapshot & Growth Engine 12.2 Market Overview 12.2.1 Competitive Market 12.3 Elastomers 12.3.1 Market Overview 12.3.2 Market Size & Forecast 12.3.3 Market by Geography 12.4 Thermoplastics 12.4.1 Market Overview 12.4.2 Market Size & Forecast 12.4.3 Market by Geography 12.5 Others 12.5.1 Market Overview 12.5.2 Market Size & Forecast 12.5.3 Market by Geography 13 Product 13.1 Market Snapshot & Growth Engine 13.2 Market Overview 13.3 O-Rings 13.3.1 Market Overview 13.3.2 Market Size & Forecast 13.3.3 Market by Geography 13.4 U-Cup Seals 13.4.1 Market Overview 13.4.2 Market Size & Forecast 13.4.3 Market by Geography 13.5 Back-Up Rings 13.5.1 Market Overview 13.5.2 Market Size & Forecast 13.5.3 Market by Geography 13.6 Spring Energized Seals 13.6.1 Market Overview 13.6.2 Market Size & Forecast 13.6.3 Market by Geography 13.7 Others 13.7.1 Market Overview 13.7.2 Market Size & Forecast 13.7.3 Market by Geography 14 Application 14.1 Market Snapshot & Growth Engine 14.2 Market Overview 14.2.1 Upstream 14.2.2 Downstream 14.2.3 Midstream 14.3 Downstream Oil and Gas Industry 14.3.1 Market Overview 14.3.2 Oil and Gas Refinery Insights 14.3.3 Market Size & Forecast 14.3.4 Market by Geography 14.4 Upstream Oil and Gas Industry 14.4.1 Market Overview 14.4.2 Oil and Gas Production Insights 14.4.3 Key Restraints 14.4.4 Market Size & Forecast 14.4.5 Market by Geography 14.5 Midstream Oil and Gas Industry 14.5.1 Market Overview 14.5.2 Market Size & Forecast 14.5.3 Market by Geography 15 Geography 15.1 Market Snapshot & Growth Engine 15.2 Geographic Overview 15.2.1 Middle East & Africa 15.2.2 North America 15.2.3 Europe 15.2.4 APAC 15.2.5 Latin America 16 Middle East & Africa 16.1 Market Overview 16.2 Market Size & Forecast 16.3 Material Type 16.3.1 Market Snapshot & Growth Engine 16.3.2 Elastomers: Market Size & Forecast 16.3.3 Thermoplastics: Market Size & Forecast 16.3.4 Others: Market Size & Forecast 16.4 Product Type 16.4.1 Market Snapshot & Growth Engine 16.4.2 O-rings: Market Size & Forecast 16.4.3 U-cup Seals: Market Size & Forecast 16.4.4 Back-up Rings: Market Size & Forecast 16.4.5 Spring Energized Seals: Market Size & Forecast 16.4.6 Others: Market Size & Forecast 16.5 Application 16.5.1 Market Snapshot & Growth Engine 16.5.2 Downstream Oil and gas Industry: Market Size & Forecast 16.5.3 Upstream Oil and gas Industry: Market Size & Forecast 16.5.4 Midstream Oil and gas Industry: Market Size & Forecast 16.6 Key Countries 16.6.1 Saudi Arabia: Market Size & Forecast 16.6.2 Iran: Market Size & Forecast 16.6.3 Iraq: Market Size & Forecast 16.6.4 UAE: Market Size & Forecast 16.6.5 Rest of Middle East & Africa: Market Size & Forecast 17 North America 17.1 Market Overview 17.2 Market Size & Forecast 17.3 Material Type 17.3.1 Market Snapshot & Growth Engine 17.3.2 Elastomers: Market Size & Forecast 17.3.3 Thermoplastics: Market Size & Forecast 17.3.4 Others: Market Size & Forecast 17.4 Product Type 17.4.1 Market Snapshot & Growth Engine 17.4.2 O-rings: Market Size & Forecast 17.4.3 U-cup Seals: Market Size & Forecast 17.4.4 Back-up Rings: Market Size & Forecast 17.4.5 Spring Energized Seals: Market Size & Forecast 17.4.6 Others: Market Size & Forecast 17.5 Application 17.5.1 Market Snapshot & Growth Engine 17.5.2 Downstream Oil and gas Industry: Market Size & Forecast 17.5.3 Upstream Oil and gas Industry: Market Size & Forecast 17.5.4 Midstream Oil and gas Industry: Market Size & Forecast 17.6 Key Countries 17.6.1 US: Market Size & Forecast 17.6.2 Canada: Market Size & Forecast 18 Europe 18.1 Market Overview 18.2 Market Size & Forecast 18.3 Material Type 18.3.1 Market Snapshot & Growth Engine 18.3.2 Elastomers: Market Size & Forecast 18.3.3 Thermoplastics: Market Size & Forecast 18.3.4 Others: Market Size & Forecast 18.4 Product Type 18.4.1 Market Snapshot & Growth Engine 18.4.2 O-rings: Market Size & Forecast 18.4.3 U-cup Seals: Market Size & Forecast 18.4.4 Back-up Rings: Market Size & Forecast 18.4.5 Spring Energized Seals: Market Size & Forecast 18.4.6 Others: Market Size & Forecast 18.5 Application 18.5.1 Market Snapshot & Growth Engine 18.5.2 Downstream Oil and Gas Industry: Market Size & Forecast 18.5.3 Upstream Oil and gas Industry: Market Size & Forecast 18.5.4 Midstream Oil and gas Industry: Market Size & Forecast 18.6 Key Countries 18.6.1 Russia: Market Size & Forecast 18.6.2 Norway: Market Size & Forecast 18.6.3 Italy: Market Size & Forecast 18.6.4 UK: Market Size & Forecast 18.6.5 Denmark: Market Size & Forecast 19 APAC 19.1 Market Overview 19.1.1 Market Size & Forecast 19.2 Material Type 19.2.1 Market Snapshot & Growth Engine 19.2.2 Elastomers: Market Size & Forecast 19.2.3 Thermoplastics: Market Size & Forecast 19.2.4 Others: Market Size & Forecast 19.3 Product Type 19.3.1 Market Snapshot & Growth Engine 19.3.2 O-rings: Market Size & Forecast 19.3.3 U-cup Seals: Market Size & Forecast 19.3.4 Back-up Rings: Market Size & Forecast 19.3.5 Spring Energized Seals: Market Size & Forecast 19.3.6 Others: Market Size & Forecast 19.4 Application 19.4.1 Market Snapshot & Growth Engine 19.4.2 Downstream Oil and gas Industry: Market Size & Forecast 19.4.3 Upstream Oil and gas Industry: Market Size & Forecast 19.4.4 Midstream Oil and gas Industry: Market Size & Forecast 19.5 Key Countries 19.5.1 China: Market Size & Forecast 19.5.2 India: Market Size & Forecast 19.5.3 Indonesia & Malaysia: Market Size & Forecast 19.5.4 Australia: Market Size & Forecast 19.5.5 Rest Of APAC: Market Size & Forecast 20 Latin America 20.1 Market Overview 20.2 Market Size & Forecast 20.3 Material Type 20.3.1 Market Snapshot & Growth Engine 20.3.2 Elastomers: Market Size & Forecast 20.3.3 Thermoplastics: Market Size & Forecast 20.3.4 Others: Market Size & Forecast 20.4 Product Type 20.4.1 Market Snapshot & Growth Engine 20.4.2 O-rings: Market Size & Forecast 20.4.3 U-cup Seals: Market Size & Forecast 20.4.4 Back-up Rings: Market Size & Forecast 20.4.5 Spring Energized Seals: Market Size & Forecast 20.4.6 Others: Market Size & Forecast 20.5 Application 20.5.1 Market Snapshot & Growth Engine 20.5.2 Downstream Oil and gas Industry: Market Size & Forecast 20.5.3 Upstream Oil and gas Industry: Market Size & Forecast 20.5.4 Midstream Oil and gas Industry: Market Size & Forecast 20.6 Key Countries 20.6.1 Mexico: Market Size & Forecast 20.6.2 Brazil: Market Size & Forecast 20.6.3 Rest of Latin America: Market Size & Forecast Looking for more information? 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