Mechanical Seals Market in Chemical Industry

Double seals with barrier sealing water is been majorly used in the chemical industries. The majority of mechanical seals for the chemical industry are planned to operate with aggressive fluids, dangerous and pollutant liquids, but also in the operation of extreme temperature conditions that these liquids can reach during processing.

Chemically inert materials are often used for mechanical seals and, depending on the specific sector’s use, Alumina, PTFE, Kalrez or FEP O-Rings can be used.

Image for post
Image for post

John Crane Dynamic Lift USP Seal Upgrade Saves Chemical Processing Plant Nearly 1.8-Million Gallons of Water and also improves chemical plant MTBR.

The majority of mechanical seals for the chemical industry are planned to operate with aggressive fluids, dangerous and pollutant liquids, but also in the operation of extreme temperature conditions that these liquids can reach during processing.

Market Outlook:

Fewer fluids lost in leaks means significant savings that come from less waste, a reduction of pump failures, and easier maintenance. They also reduce the hazards to pump operators and bring associated health, safety, and environmental benefits.

The seal system’s role in a pump is to minimize leakage of the pumped liquid from the area in the pump where the drive shaft enters or exits the casing. Depending on the type of pumped liquid, leaking fluid can be extremely dangerous, so seal systems help keep pumping equipment operating safely.

The adoption of mechanical seals in pumps and compressors reduces the maintenance and operation cost of the system and ensures leakage safety and mitigation of airborne pollution. An increase in the acceptability of mechanical seals by processing industries is anticipated to drive the global mechanical seals market.

Mechanical seals are widely employed in harsh conditions such as well drilling, freshwater distribution, lift stations, and wastewater treatment in the water & wastewater industry. The introduction of mechanical seals in cooling towers, hot & cold water, circulation pumps, booster pumps, boiler feed, and fire pumps in the HVAC industry is also expected to drive the global mechanical seals market.

Economic Outlook

Global economic activity is picking up with a long-awaited cyclical recovery in investment, manufacturing, and trade. Stronger activity, expectations of more robust global demand, reduced deflationary pressures, and optimistic financial markets are all upside developments. But structural impediments to a stronger recovery and a balance of risks that remains tilted to the downside, especially over the medium term, remain important challenges.

Global economic activity slowed notably in the second half of last year, reflecting a confluence of factors affecting major economies. Global growth is now projected to slow from 3.6 percent in 2018 to 3.3 percent in 2019, before returning to 3.6 percent in 2020.

Global growth in 2019 is expected to slow to 2.6 percent, reflecting weaker-than-expected trade and investment at the start of the year. Growth is projected to gradually rise to 2.8 percent by 2021, predicated on continued benign global financing conditions and a modest recovery in emerging market and developing economies (EMDEs).

EMDE growth is projected to pick up from a four-year low of 4 percent in 2019 to 4.6 percent in 2020–21. This recovery is predicated on the waning impact of earlier financial pressures in some large EMDEs. Growth in all EMDE regions has been weaker than expected amid softening external demand and, in some countries, persistent domestic headwinds. Activity in the East Asia and Pacific and South Asia regions remains buoyant, while growth in other EMDE regions is expected to recover in 2020–21. Risks remain firmly on the downside.

Goldstein Market Intelligence helping businesses to be successful at strategy and take informed decisions to grow the business in future.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store