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ANSI Cartridge Seals Market Forecast to 2030 - Global Analysis by Type and Application

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ksm 23.10.23

The ANSI cartridge seals market is projected to grow from US$ US$ 489.47 million in 2022 to US$ 761.54 million by 2030; it is estimated to register a CAGR of 5.8% from 2022 to 2030.

North America is home to various market players that produce ANSI cartridge seals. Flowserve, A.W. Chesterton Company, and AESSEAL are among the market players that are continuously working on expanding their product portfolio and providing new and innovative solutions to their customers. In November 2019, A.W. Chesterton Company announced the launch of new single and double cartridge seals. These seals are built on its new AXIUS modular seal platform, which will help provide in-field scalability for different sealing applications. Thus, the increasing innovation by the market players will further fuel the growth of the ANSI cartridge seals market share.

The growing chemical industry in Europe is one of the major factors fueling the growth of the ANSI cartridge seals market player. According to the Cefic, the European Chemical Industry Council, the region is the second largest producer of chemicals in the world, with chemical sales of ~US$ 749.45 billion (EUR 761 billion) in 2021. According to the same report, it was also seen that the 27 countries of the European Union generated 34% of their sales from foreign export in 2021. Thus, growing production and sales of chemicals will propel the growth of the ANSI cartridge seals market player during the forecast period.

The MEA is one of the largest producers of oil and gas in the world. Various oil and gas market players are continuously working on oil exploration activities that are expected to raise the demand for ANSI cartridge seals in the pump system. Furthermore, the pharmaceutical industry in SAM is witnessing tremendous growth. According to the Community of Latin American and Caribbean States (CELAC), the pharmaceutical industry contributes 3.1% of the manufacturing GDP of the region. Thus, the growing pharmaceutical industry in SAM is expected to boost the growth of the ANSI cartridge seals market share.

APAC is growing faster in the ANSI cartridge seals market growth owing to the presence of a large number of pharmaceutical manufacturing companies, which are continuously working on expanding their production facilities. For instance, in December 2022, Balaxi Pharmaceuticals announced the start of the construction of new drug manufacturing in Telangana, India, for which they have invested nearly US$ 10.29 million (Rs 85 crore). In addition, it is seen that China and Japan are the second and third largest pharmaceutical markets in the world, respectively. Thus, the growing pharmaceutical sector in the region is expected to fuel the growth of the ANSI cartridge seals market.

The growing chemical industry in Europe is one of the major factors fueling the growth of the ANSI cartridge seals market analysis. According to the Cefic, the European Chemical Industry Council, the region is the second largest producer of chemicals in the world, with chemical sales of ~US$ 749.45 billion (EUR 761 billion) in 2021. According to the same report, it was also seen that the 27 countries of the European Union generated 34% of their sales from foreign export in 2021. Thus, growing production and sales of chemicals will propel the growth of the ANSI cartridge seals market growth during the forecast period.

A W Chesterton Co, Advanced Sealing Technology, AESSEA, EagleBurgmann, Flexaseal Engineered Seals and Systems, LLC., Flowserve Corporation, HI-FAB Engineers Pvt. Ltd., Scenic Co., Ltd, Stramek Flow Control, S.L., and World Sealing Corporation are among the key players in the ANSI cartridge seals market analysis that were profiled in this market study. In addition to these 10 ANSI cartridge seals market players, several other leading global and regional market players, emerging companies, market disruptors, and niche players were studied and analyzed during this study.

Reasons to Buy:

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the ANSI cartridge seal market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations such as specific country and segmental insight highlights crucial progressive industry trends in the ANSI cartridge seal market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

Table Of Contents

1. Introduction

  • 1.1 Study Scope
  • 1.2 The Insight Partners Research Report Guidance
  • 1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

  • 3.1 Coverage
  • 3.2 Secondary Research
  • 3.3 Primary Research

4. ANSI Cartridge Seals Market Landscape

  • 4.1 Market Overview
  • 4.2 PEST Analysis
    • 4.2.1 North America
    • 4.2.2 Europe
    • 4.2.3 Asia-Pacific
    • 4.2.4 Middle East and Africa
    • 4.2.5 South and Central America
  • 4.3 Ecosystem Analysis
  • 4.4 Expert Opinions

5. ANSI Cartridge Seals Market - Key Market Dynamics

  • 5.1 Market Drivers
    • 5.1.1 Increasing Adoption in the Chemical & Petrochemical Industry
    • 5.1.2 Increasing Strategic Initiatives from Manufacturers to Expand Production
  • 5.2 Market Restraint
    • 5.2.1 High Initial Costs and Availability of Alternative Mechanical Seals
  • 5.3 Market Opportunities
    • 5.3.1 Rising Demand for High Ambient Temperature Applications
  • 5.4 Future Trends
    • 5.4.1 Technological Advancements in Sealing Solutions and Pumps
  • 5.5 Impact Analysis of Drivers And Restraints

6. ANSI Cartridge Seals - Global Market Analysis

  • 6.1 Global ANSI Cartridge Seals Market Overview
  • 6.2 Global ANSI Cartridge Seals Market Revenue Forecast and Analysis
  • 6.3 Market Positioning - Five Key Players

7. ANSI Cartridge Seals Market - by Type

  • 7.1 Overview
  • 7.2 ANSI Cartridge Seals Market, by Type (2022 and 2030)
    • 7.2.1 Single Cartridge Seals
      • 7.2.1.1 Overview
      • 7.2.1.2 Single Cartridge Seals: ANSI Cartridge Seals Market - Revenue and Forecast to 2030 (US$ Million)
    • 7.2.2 Dual Cartridge Seals
      • 7.2.2.1 Overview
      • 7.2.2.2 Dual Cartridge Seals: ANSI Cartridge Seals Market - Revenue and Forecast to 2030 (US$ Million)

8. ANSI Cartridge Seals Market - by Application

  • 8.1 Overview
  • 8.2 Cartridge Seals Market, by Application (2022 and 2030)
    • 8.2.1 Chemical and Petrochemical Industry
      • 8.2.1.1 Overview
      • 8.2.1.2 Chemical and Petrochemical Industry: Cartridge Seals Market - Revenue and Forecast to 2030 (US$ Million)
    • 8.2.2 Pharmaceutical Industry
      • 8.2.2.1 Overview
      • 8.2.2.2 Pharmaceutical Industry: Cartridge Seals Market - Revenue and Forecast to 2030 (US$ Million)
    • 8.2.3 Food and Beverage Industry
      • 8.2.3.1 Overview
      • 8.2.3.2 Food and Beverage Industry: Cartridge Seals Market - Revenue and Forecast to 2030 (US$ Million)
    • 8.2.4 Others
      • 8.2.4.1 Overview
      • 8.2.4.2 Others: Cartridge Seals Market - Revenue and Forecast to 2030 (US$ Million)

9. ANSI Cartridge Seals Market - Geographic Analysis

  • 9.1 Overview
  • 9.2 North America Market
    • 9.2.1 North America: ANSI Cartridge Seals Market - Revenue and Forecast to 2030 (US$ Million)
    • 9.2.2 North America: ANSI Cartridge Seals Market, by Type
    • 9.2.3 North America: Cartridge Seals Market, by Application
    • 9.2.4 North America: ANSI cartridge seals Market, by Key Country
      • 9.2.4.1 US: ANSI Cartridge Seals Market - Revenue and Forecast to 2030 (US$ Million)
        • 9.2.4.1.1 US: ANSI Cartridge Seals Market, by Type
        • 9.2.4.1.2 US: ANSI Cartridge Seals Market, by Application
      • 9.2.4.2 Canada: ANSI Cartridge Seals Market - Revenue and Forecast to 2030 (US$ Million)
        • 9.2.4.2.1 Canada: ANSI Cartridge Seals Market, by Type
        • 9.2.4.2.2 Canada: ANSI Cartridge Seals Market, by Application
      • 9.2.4.3 Mexico: ANSI Cartridge Seals Market - Revenue and Forecast to 2030 (US$ Million)
        • 9.2.4.3.1 Mexico: ANSI Cartridge Seals Market, by Type
        • 9.2.4.3.2 Mexico: ANSI Cartridge Seals Market, by Application
  • 9.3 Europe: ANSI cartridge seals Market
    • 9.3.1 Europe: ANSI Cartridge Seals Market - Revenue and Forecast to 2030 (US$ Million)
    • 9.3.2 Europe: ANSI Cartridge Seals Market, by Type
    • 9.3.3 Europe: Cartridge Seals Market, by Application
    • 9.3.4 Europe: ANSI cartridge seals Market, by Key Country
      • 9.3.4.1 Germany: ANSI Cartridge Seals Market - Revenue and Forecast to 2030 (US$ Million)
        • 9.3.4.1.1 Germany: ANSI Cartridge Seals Market, by Type
        • 9.3.4.1.2 Germany: ANSI Cartridge Seals Market, by Application
      • 9.3.4.2 UK: ANSI Cartridge Seals Market - Revenue and Forecast to 2030 (US$ Million)
        • 9.3.4.2.1 UK: ANSI Cartridge Seals Market, by Type
        • 9.3.4.2.2 UK: ANSI Cartridge Seals Market, by Application
      • 9.3.4.3 France: ANSI Cartridge Seals Market - Revenue and Forecast to 2030 (US$ Million)
        • 9.3.4.3.1 France: ANSI Cartridge Seals Market, by Type
        • 9.3.4.3.2 France: ANSI Cartridge Seals Market, by Application
      • 9.3.4.4 Italy: ANSI Cartridge Seals Market - Revenue and Forecast to 2030 (US$ Million)
        • 9.3.4.4.1 Italy: ANSI Cartridge Seals Market, by Type
        • 9.3.4.4.2 Italy: ANSI Cartridge Seals Market, by Application
      • 9.3.4.5 Russia: ANSI Cartridge Seals Market - Revenue and Forecast to 2030 (US$ Million)
        • 9.3.4.5.1 Russia: ANSI Cartridge Seals Market, by Type
        • 9.3.4.5.2 Russia: ANSI Cartridge Seals Market, by Application
      • 9.3.4.6 Rest of Europe: ANSI Cartridge Seals Market - Revenue and Forecast to 2030 (US$ Million)
        • 9.3.4.6.1 Rest of Europe: ANSI Cartridge Seals Market, by Type
        • 9.3.4.6.2 Rest of Europe: ANSI Cartridge Seals Market, by Application
  • 9.4 APAC: ANSI cartridge seals Market
    • 9.4.1 APAC: ANSI Cartridge Seals Market - Revenue and Forecast to 2030 (US$ Million)
    • 9.4.2 APAC: ANSI Cartridge Seals Market, by Type
    • 9.4.3 APAC: Cartridge Seals Market, by Application
    • 9.4.4 APAC: ANSI Cartridge Seals Market, by Key Country
      • 9.4.4.1 China: ANSI Cartridge Seals Market - Revenue and Forecast to 2030 (US$ Million)
        • 9.4.4.1.1 China: ANSI Cartridge Seals Market, by Type
        • 9.4.4.1.2 China: ANSI Cartridge Seals Market, by Application
      • 9.4.4.2 Japan: ANSI Cartridge Seals Market - Revenue and Forecast to 2030 (US$ Million)
        • 9.4.4.2.1 Japan: ANSI Cartridge Seals Market, by Type
        • 9.4.4.2.2 Japan: ANSI Cartridge Seals Market, by Application
      • 9.4.4.3 India: ANSI Cartridge Seals Market - Revenue and Forecast to 2030 (US$ Million)
        • 9.4.4.3.1 India: ANSI Cartridge Seals Market, by Type
        • 9.4.4.3.2 India: ANSI Cartridge Seals Market, by Application
      • 9.4.4.4 South Korea: ANSI Cartridge Seals Market - Revenue and Forecast to 2030 (US$ Million)
        • 9.4.4.4.1 South Korea: ANSI Cartridge Seals Market, by Type
        • 9.4.4.4.2 South Korea: ANSI Cartridge Seals Market, by Application
      • 9.4.4.5 Australia: ANSI Cartridge Seals Market - Revenue and Forecast to 2030 (US$ Million)
        • 9.4.4.5.1 Australia: ANSI Cartridge Seals Market, by Type
        • 9.4.4.5.2 Australia: ANSI Cartridge Seals Market, by Application
      • 9.4.4.6 Rest of APAC: ANSI Cartridge Seals Market - Revenue and Forecast to 2030 (US$ Million)
        • 9.4.4.6.1 Rest of APAC: ANSI Cartridge Seals Market, by Type
        • 9.4.4.6.2 Rest of APAC: ANSI Cartridge Seals Market, by Application
  • 9.5 MEA: ANSI cartridge seals Market
    • 9.5.1 MEA: ANSI Cartridge Seals Market - Revenue and Forecast to 2030 (US$ Million)
    • 9.5.2 MEA: ANSI Cartridge Seals Market, by Type
    • 9.5.3 MEA: ANSI Cartridge Seals Market, by Application
    • 9.5.4 MEA: ANSI cartridge seals Market, by Key Country
      • 9.5.4.1 Saudi Arabia: ANSI Cartridge Seals Market - Revenue and Forecast to 2030 (US$ Million)
        • 9.5.4.1.1 Saudi Arabia: ANSI Cartridge Seals Market, by Type
        • 9.5.4.1.2 Saudi Arabia: ANSI Cartridge Seals Market, by Application
      • 9.5.4.2 UAE: ANSI Cartridge Seals Market - Revenue and Forecast to 2030 (US$ Million)
        • 9.5.4.2.1 UAE: ANSI Cartridge Seals Market, by Type
        • 9.5.4.2.2 UAE: ANSI Cartridge Seals Market, by Application
      • 9.5.4.3 South Africa: ANSI Cartridge Seals Market - Revenue and Forecast to 2030 (US$ Million)
        • 9.5.4.3.1 South Africa: ANSI Cartridge Seals Market, by Type
        • 9.5.4.3.2 South Africa: ANSI Cartridge Seals Market, by Application
      • 9.5.4.4 Rest of MEA: ANSI Cartridge Seals Market - Revenue and Forecast to 2030 (US$ Million)
        • 9.5.4.4.1 Rest of MEA: ANSI Cartridge Seals Market, by Type
        • 9.5.4.4.2 Rest of MEA: ANSI Cartridge Seals Market, by Application
  • 9.6 SAM: ANSI cartridge seals Market
    • 9.6.1 SAM: ANSI Cartridge Seals Market - Revenue and Forecast to 2030 (US$ Million)
    • 9.6.2 SAM: ANSI Cartridge Seals Market, by Type
    • 9.6.3 SAM: Cartridge Seals Market, by Application
    • 9.6.4 SAM: ANSI Cartridge Seals Market, by Key Country
      • 9.6.4.1 Brazil: ANSI Cartridge Seals Market - Revenue and Forecast to 2030 (US$ Million)
        • 9.6.4.1.1 Brazil: ANSI Cartridge Seals Market, by Type
        • 9.6.4.1.2 Brazil: ANSI Cartridge Seals Market, by Application
      • 9.6.4.2 Argentina: ANSI Cartridge Seals Market - Revenue and Forecast to 2030 (US$ Million)
        • 9.6.4.2.1 Argentina: ANSI Cartridge Seals Market, by Type
        • 9.6.4.2.2 Argentina: ANSI Cartridge Seals Market, by Application
      • 9.6.4.3 Rest of SAM: ANSI Cartridge Seals Market - Revenue and Forecast to 2030 (US$ Million)
        • 9.6.4.3.1 Rest of SAM: ANSI Cartridge Seals Market, by Type
        • 9.6.4.3.2 Rest of SAM: ANSI Cartridge Seals Market, by Application

10. ANSI Cartridge Seals Market - Covid-19 Impact Analysis

  • 10.1 Overview
  • 10.2 North America
  • 10.3 Europe
  • 10.4 Asia Pacific
  • 10.5 Middle East and Africa
  • 10.6 South and Central America

11. Industry Landscape

  • 11.1 Overview
  • 11.2 Market Initiative
  • 11.3 Product Development
  • 11.4 Mergers & Acquisitions

12. Company Profiles

  • 12.1 A W Chesterton Co
    • 12.1.1 Key Facts
    • 12.1.2 Business Description
    • 12.1.3 Products and Services
    • 12.1.4 Financial Overview
    • 12.1.5 SWOT Analysis
    • 12.1.6 Key Developments
  • 12.2 Advanced Sealing Technology Inc
    • 12.2.1 Key Facts
    • 12.2.2 Business Description
    • 12.2.3 Products and Services
    • 12.2.4 Financial Overview
    • 12.2.5 SWOT Analysis
    • 12.2.6 Key Developments
  • 12.3 AESSEAL Plc
    • 12.3.1 Key Facts
    • 12.3.2 Business Description
    • 12.3.3 Products and Services
    • 12.3.4 Financial Overview
    • 12.3.5 SWOT Analysis
    • 12.3.6 Key Developments
  • 12.4 HI-FAB Engineers Pvt Ltd
    • 12.4.1 Key Facts
    • 12.4.2 Business Description
    • 12.4.3 Products and Services
    • 12.4.4 Financial Overview
    • 12.4.5 SWOT Analysis
    • 12.4.6 Key Developments
  • 12.5 Scenic Co Ltd
    • 12.5.1 Key Facts
    • 12.5.2 Business Description
    • 12.5.3 Products and Services
    • 12.5.4 Financial Overview
    • 12.5.5 SWOT Analysis
    • 12.5.6 Key Developments
  • 12.6 Flowserve Corp
    • 12.6.1 Key Facts
    • 12.6.2 Business Description
    • 12.6.3 Products and Services
    • 12.6.4 Financial Overview
    • 12.6.5 SWOT Analysis
    • 12.6.6 Key Developments
  • 12.7 EagleBurgmann Germany GmbH & Co KG
    • 12.7.1 Key Facts
    • 12.7.2 Business Description
    • 12.7.3 Products and Services
    • 12.7.4 Financial Overview
    • 12.7.5 SWOT Analysis
    • 12.7.6 Key Developments
  • 12.8 Flexaseal Engineered Seals and Systems LLC
    • 12.8.1 Key Facts
    • 12.8.2 Business Description
    • 12.8.3 Products and Services
    • 12.8.4 Financial Overview
    • 12.8.5 SWOT Analysis
    • 12.8.6 Key Developments
  • 12.9 Stramek Flow Control SL
    • 12.9.1 Key Facts
    • 12.9.2 Business Description
    • 12.9.3 Products and Services
    • 12.9.4 Financial Overview
    • 12.9.5 SWOT Analysis
    • 12.9.6 Key Developments
  • 12.10 World Sealing Corp
    • 12.10.1 Key Facts
    • 12.10.2 Business Description
    • 12.10.3 Products and Services
    • 12.10.4 Financial Overview
    • 12.10.5 SWOT Analysis
    • 12.10.6 Key Developments

13. Appendix

  • 13.1 About The Insight Partners
  • 13.2 Word Index
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