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Environment and Health Concerns Sustain Demand for Seals in North American Industries Finds Frost & Sullivan - Adoption is notable in highly regulated sectors such as refining and chemical processing - IndustrialAutomation.Frost.com
Environment and Health Concerns Sustain Demand for Seals in North American Industries Finds Frost & Sullivan

 

PRZOOM - /newswire/ - Mountain View, CA, United States, 2013/10/16 - Adoption is notable in highly regulated sectors such as refining and chemical processing - IndustrialAutomation.Frost.com .

   
 
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Environment and health concerns spurred the use of seals in North America. Advancements in shale gas exploration and the launch of high-value projects in power and water industries led to new pump and equipment installations and further encouraged the adoption of seals in the region.

New analysis from Frost & Sullivan's (industrialautomation.frost.com) Analysis of the North American Seals Market research finds the market earned revenue of more than $2.13 billion in 2012 and estimates this to reach $2.93 billion in 2019.

For more information on this research, please email Liz Clark, Corporate Communications, at liz.clark[.]frost.com, with your full name, company name, job title, telephone number, company email address, company website, city, state and country.

"Seals are mandatory in highly regulated industries, such as refining and chemical processing, where the release of hazardous materials are harmful to people or the environment," said Frost & Sullivan Industrial Automation and Process Control Research Analyst Sakthi Sobana Pandian. "Seals are also popular in food and pharmaceutical industries where it is critical to prevent external agents from entering the manufacturing process."

Improving reliability and performance in industries is fuelling the uptake of mechanical seals. Despite their high initial prices, benefits such as decreased maintenance costs and reducing product leakage sustain sale volumes.

However, new sales opportunities are limited due to the maturity of the North American market. Shifting of industries such as chemicals, pulp and paper, and pharmaceuticals to low-cost manufacturing regions adds to the challenge. The promising seal-less pump technology with its low cost and maintenance solutions also affects market growth in the long term.

"Research and development, especially in mechanical seals, is crucial to widen the product's application scope and gain a competitive edge," noted Pandian. "Seal manufacturers must partner with automation vendors to enable predictive seal maintenance, thereby adding value for end users in the region."

In the long term, new applications in emerging industries will sustain the growth of the seals market in North America.

Analysis of the North American Seals Market is part of the Industrial Automation and Process Control Growth Partnership Service program, which also includes: Global Automation and Control System Market in the Pharmaceutical and Biotech Industry, Global Distributed Control System Market, North American Substation Automation and Integration Market, and Global SCADA Market. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

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Analysis of the North American Seals Market / NC31-10

 
 
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Environment and Health Concerns Sustain Demand for Seals in North American Industries Finds Frost & Sullivan

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