Pharmaceutical Processing Seals Market May Cross US$ 3.3 Billion by 2026| Garlock Sealing Technologies, John Crane, IDEX Corporation, Marco Rubber and Plastics, Technetics Group, and others
Verfasser: ashwani_kailiya on Tuesday, 4 October 2022The global market size of pharmaceutical processing seals is estimated at USD 2.1 Billion in 2021 and is projected to reach USD 3.3 Billion by 2026, at a CAGR of 10.0% between 2021 and 2026. Seals are an important part of pharmaceutical equipment and are used for various applications in the pharmaceutical industry, such as preventing contamination and leakage, and handle friction and abrasion. The properties present in pharmaceutical processing seals such as excellent chemical resistance and stability at extreme temperatures and pressure conditions enable them to be used in different applications. These properties of pharmaceutical processing seals are expected to drive the demand during the forecast period.
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