High pressure seals are leakage control equipment used to join high pressure systems that are positioned on rotating equipment to limit the leakage of gases and liquid from escaping into the environment. High pressure seals are primarily made of metals, alloys, plastics, and elastomer. These seals provide controlled mechanism at high pressure, provides low friction for extreme pressure applications, and can be used at high as well as low temperature ranges. Furthermore, high pressure seals are progressively finding more usage in the manufacturing industry due to the rise in complexity of products and safety concerns.

The global high pressure seals market is primarily driven by the pharmaceutical and manufacturing industries. New product development, agreement, collaboration, partnership, and expansion are the strategies that companies are adopting nowadays to increase their share in the global high pressure seals market. Companies engage in intensive research & development activities to innovate and develop new products and also focus on increasing the number of its manufacturing units. The global high pressure seal market is anticipated to witness a significant growth rate during the forecast period due to the increase in demand for these seals in the oil & gas industry However, usage of renewable sources for power generation and increasing consumption of gland packing and seal-less pumps restrain the growth of the high pressure seals market globally. Furthermore, rise in safety norms across all manufacturing industries and increase in attention toward replacements of existing high pressure seals are hindering the high pressure seals market. High capital and operating cost of most high pressure seals is also a major restraint to the development of the high pressure seals market.

Based on application, the high pressure seals market can be segmented into industries such as pharmaceutical, oil & gas, mining, chemical & petrochemical, and manufacturing. High pressure seals are prominently used in all the segments of the oil & gas industry including upstream, midstream, and downstream for tube couplings, pressure valves, compressors, and hydraulic pumps. These seals account for the dominant share in the oil & gas industry. In the heavy manufacturing industries, high pressure seals are commonly used in helical shafts, marine shafts, hot and cold rolling mills, gearbox, and machinery for paper and pump.

In terms of material, the high pressure seal market can be classified into metal, thermoplastic polyurethane (TPU), hydrogenated nitrile butadiene rubber (HBR), fluorocarbon-based synthetic rubber, and ethylene propylene dyne terpolymer (EPDM). Seals made of metals are used in high temperature or high pressure situations. Thermoplastic polyurethane seals are used where the temperature is very high. Hydrogenated nitrile butadiene rubber is used for actuator seals for gear box and air conditioning applications. Fluorocarbon-based synthetic rubber seals are used in engine shaft sealing for automotive engines, while EPDM-based high pressure seals are used in the power industry.

Based on geography, the high pressure seals market can be segregated into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. Asia Pacific dominated the global high pressure seal market due to demand from the major sectors in the large industrial based region, such as India, China, and Japan. India is a rapidly expanding market for high pressure seals. Asia Pacific was followed by North America and Europe for high pressure seal. While Latin America and Middle East & Africa have moderate growth in the high pressure seals market.

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Key players operating in the high pressure seals market include The AES Corporation, Smiths Group Plc., Garlock Sealing Technologies LLC, Parker Hannifin Corp, and EagleBurgmann Germany GmbH & Co. KG.

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