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The mechanical seals market size is forecast to increase by USD 1.73 billion at a CAGR of 5.55% between 2024 and 2028. The market is witnessing significant growth due to the increasing aftermarket sales of mechanical seals, driven by the high replacement rates and extended equipment life. Another trend influencing the market is the emergence of additive manufacturing, which is enabling the production of complex mechanical seal designs with improved performance and reduced lead times. Furthermore, fluctuating prices of raw materials, such as elastomers and metals, are posing challenges to the market, necessitating the adoption of cost-effective manufacturing processes and alternative materials. Overall, these factors are shaping the growth trajectory of the market.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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