Dublin, December 14, 2021 (GLOBE NEWSWIRE)-"Divided by material (metal, PTFE, nitrile rubber, silicone, EPDM, FKM, FFKM, UHMWPE, PU), type (O-ring seals, gaskets) The pharmaceutical processing seals market, lip seals, D-seals), applications (manufacturing equipment) and regions-global forecast to 2026" report has been added to ResearchAndMarkets.com's products.
The pharmaceutical processing seal market is estimated to be USD 2.1 billion in 2021, and is expected to reach USD 3.3 billion by 2026, with a compound annual growth rate of 10.0%.
O-rings occupies the largest market share in the pharmaceutical processing seal market.
O-rings occupy the largest market share in the pharmaceutical processing seal market. O-rings are used in pharmaceutical equipment used in the pharmaceutical process. The growing demand for pharmaceutical processing seals is driven by the growth of the pharmaceutical industry. Globally, the factors driving the growth of the pharmaceutical industry are the increasing incidence of chronic diseases and lifestyle diseases, the increasing elderly population, and the improvement of the healthcare system. O-rings are used for low temperature, biological processing and other applications. The equipment types of high-consumption O-rings are agitators and hydraulic cylinders, and their huge consumption is expected to promote the global pharmaceutical processing seals market.
Silicone is the fastest growing material for pharmaceutical processing seals.
It is estimated that between 2021 and 2026, silicone will become the fastest-growing material for pharmaceutical processing seals. Silicone has become the first choice in the pharmaceutical industry due to its flexibility and stability under extreme pressure and temperature conditions, chemical inertness and minimal bacterial growth. When purity and cleanliness are of high concern, silicone is a suitable material for pharmaceutical processing seals used in pharmaceutical equipment. It is used in the pharmaceutical industry to manufacture O-rings, diaphragms, elastomer seals and gaskets. The growth in the consumption of these seals in pharmaceutical equipment is expected to drive the development of the global silicone pharmaceutical processing seals market.
North America is the largest market for pharmaceutical processing seals.
North America is the largest pharmaceutical processing and sealing market in 2020 because the region has a strong and developed pharmaceutical industry. North America is composed of some of the world's major pharmaceutical markets, such as the United States and Mexico. The huge production of medicines in the region has driven the pharmaceutical equipment market, thereby increasing the demand for pharmaceutical processing seals. The factors leading to the increase in drug production in the region are the huge demand for generic drugs and biosimilar drugs, huge healthcare expenditures, an increase in the elderly population, and the increasing incidence of lifestyle diseases. The huge production and consumption of pharmaceuticals in the region is expected to promote the development of the pharmaceutical processing seal market.
4 Premium Insights 4.1 Attractive opportunities in the pharmaceutical processing seals market 4.2 North American pharmaceutical processing seals market, by country and application, 2020
5 Market overview 5.1 Introduction 5.1.1 Driving factors 184.108.40.206 Increasing demand for OTC drugs 220.127.116.11 Increasing cases of chronic diseases 5.1.2 Constraining factors 18.104.22.168 Increasing preference for refurbished equipment 5.1.3 Opportunities 5.11.5 The elderly population Growth 213. Growth of TCM manufacturing in emerging economies 5.1.4 Challenges 22.214.171.124 Dynamic regulatory measures lead to an increase in overall costs 5.2 Porter’s five forces analysis 5.2.1 Supplier’s bargaining power 5.2.2 Threats from new entrants 5.2. 3 Threats of substitutes 4 Bargaining power of buyers 5.2.5 Intensity of competition 5.3 Macroeconomic indicators 5.3.1 Global GDP outlook
6 Pharmaceutical processing seal market, introduced according to material 6.1 6.2 Metal 6.2.1 The ability to withstand high pressure and high temperature makes metal an ideal choice for medical processing seals 6.3 Polytetrafluoroethylene 6.3.1 The growing market for O-rings and gaskets is growing Promoting the demand for polytetrafluoroethylene medical processing seals 6.4 Silicone 6.4.1 The inherent characteristics of silicone resins drive its demand for medical processing seals 6.5 Nitrile rubber 6.5.1 Nitrile rubber-based O-rings due to its low compression Permanent deformation, high tensile strength and high abrasion resistance increase demand characteristics 6.6 Epdm 6.6.1 Chemical resistance and thermal reactivity are one of Epdm’s main characteristics, driving the demand for manufacturing seals for pharmaceutical processing 6.7 Fkm 6.7.1 Increased demand for high-performance seals in pharmaceutical equipment manufacturing drives market growth 6.8 Fkm 6.8.1 Fkkm Application in high-end applications to drive demand 6.9 Polyurethane 6.9.1 Increased demand d New drugs and innovative drug products are driving the D seal market 6.10 Uhmwpe 6.10.1 Increased demand for new drugs and innovative drug products is driving the Uhmwpe market
7 Pharmaceutical processing seals market, introduced by type 7.1 7.2 O-rings 7.2.1 The increase in demand for O-rings in the pharmaceutical industry is due to its cost-effectiveness and versatility 7.3 Gaskets 7.3.1 Increased demand for pharmaceutical manufacturing, especially It is in developing countries that the economy is driving the gasket market 7.4 Lip seals 7.4.1 The evolving pharmaceutical industry is driving the lip seal market 7.5 D Seals 7.5.1 Increased demand for new and innovative pharmaceutical products is driving D Shape seal market 7.6 Others
8 Pharmaceutical processing seals market, introduced by application 8.1 8.2 Manufacturing equipment 8.2.1 The growing pharmaceutical industry is driving the demand for manufacturing equipment segmentation market 8.3 Others
9 Pharmaceutical processing seal market, by region
10 Competitive landscape 10.1 Introduction 10.2 Market share analysis 10.3 Major market development 10.3.1 Acquisition 10.3.2 New product launch
11 Company Overview 11.1 Trelleborg Group 11.2 Freudenberg Group 11.3 Flowserve 11.4 James Walker Group 11.5 Parker Hannifin Company 11.6 Saint-Gobainsa 11.7 Garlock 11.8 John Crane 11.9 IDEX Company 11.10 Chemical Technology Co., Ltd. Advertising Accuracy 11.11 Associates, Inc 11.12 McClellan Rubber Co., Ltd. 11.13 Marco Rubber and Plastic Products, Inc. 11.14 Seals and Design, Inc. 11.15 Darcoid of California 11.16 American High-Performance Seals 11.17 Vulcan Engineering Limited 11.18 Canada Rubber Group Inc. 11.19 Etannor Sealing System 11.20 Other company profiles 11.A.20.20 Eagle Industry Co. Ltd. 11.20.3 Performance Sealing Inc. 11.20.4 Technetics Group 11.20.5 C. Otto Gehrckens GmbH and Co. Kg Seal Technology 11.20.6 WIKA Alexander Wiegand Se and Co. Kg 11.20.7 Intec Seals
For more information about this report, please visit https://www.researchandmarkets.com/r/jd05s9
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