October 10, 2023 04:03 ET | Source: Research and Markets Research and Markets
Dublin, Oct. 10, 2023 (GLOBE NEWSWIRE) -- The "Industrial Seals Market - Forecasts from 2023 to 2028" report has been added to ResearchAndMarkets.com's offering. Ring O Ring
The global industrial seals market, valued at US$9.159 billion in 2021, is poised for significant growth at a Compound Annual Growth Rate (CAGR) of 4.17%.
By 2028, it is estimated to reach a market size of US$12.191 billion. Industrial seals, vital mechanical devices, prevent fluid or gas leakage between surfaces in contact with each other. These seals find applications across diverse industries such as oil and gas, chemical, food and beverage, and pharmaceuticals.
Key Highlights of the Global Industrial Seals Market:
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