Industrial Machinery Seals Market Size, Share, Trends, Dynamics, Forecast, & Growth Analysis: 2022-2
The industrial machinery seals market is likely to grow at a CAGR of 3.8% during 2022-2027 to reach USD 8.4 billion in 2027. Seals play an important role in pressure retention, lubrication, and preventing essential substances from leaking into the environment. Sealing selection depends on several parameters such as temperature resistance, durability, strength, and kind of application, among others. Appropriate seals will result in increased productivity and better machinery efficiency.