North America ANSI Cartridge Seals Market Forecast to 2030

North America ANSI Cartridge Seals Market Forecast to 2030 – Regional Analysis – by Type (Single Cartridge Seals and Dual Cartridge Seals) and Application (Chemical & Petrochemical Industry, Pharmaceutical Industry, Food & beverage Industry, and Others)

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Description

The North America ANSI cartridge seals market is expected to grow from US$ 201.61 million in 2023 to US$ 303.08 million by 2030; it is estimated to grow at a CAGR of 6.0% from 2023 to 2030.

Increasing Strategic Initiatives from Manufacturers to Expand Production Fuel the North America ANSI Cartridge Seals Market

The increasing demand from chemical & petrochemical, pharmaceutical, and food & beverages industries is helping drive the adoption of cartridge seals. Companies are opening new manufacturing plants and taking up initiatives such as partnerships and mergers to expand their presence. Moreover, in May 2023, EagleBurgmann was a partner of the oil and gas industry and contributed to the reliability of the transportation process by providing innovative sealing solutions. EagleBurgmann introduced a new smart technology for the digital condition of monitoring seals.

North America ANSI Cartridge Seals Market Overview

Based on the country, the North America ANSI cartridge seals market is segmented into the US, Canada, and Mexico. North America is home to many top market players, such as Flowserve, Chesterton, and AESSEAL, of the ANSI cartridge market. These players have a strong global presence, making North America a prominent market in the ANSI cartridge seals market. The chemical & petrochemical sector in North America is undergoing a high boom. The mechanical seals are basic and reliable in operating the pumps used in petrochemical and oil & gas industries. ANSI cartridge seals are important in preventing leakages in these industries. Thus, with the growth of the petrochemical and oil & gas market, the market for ANSI cartridge seals is also estimated to grow. The oil & gas sector in North America is continuously rising. In 2018, the US surpassed Russia and Saudi Arabia in oil production and became the world’s top crude oil producer, generating 15% of global crude oil. Thus, the ANSI cartridge seals market is also anticipated to flourish in the future owing to the expansion of the oil & gas sector in North America.

North America ANSI Cartridge Seals Market Revenue and Forecast to 2030 (US$ Million)

North America ANSI Cartridge Seals Market Segmentation

The North America ANSI cartridge seals market is segmented based on type, application, and country. Based on type, the North America ANSI cartridge seals market is bifurcated into single cartridge seals and dual cartridge seals. The single cartridge seals segment held a larger market share in 2023.

Based on application, the North America ANSI cartridge seals market is segmented into chemical & petrochemical industry, pharmaceutical industry, food & beverage industry, and others. The others segment held the largest market share in 2023.

Based on country, the North America ANSI cartridge seals market is segmented into the US, Canada, and Mexico. The US dominated the North America ANSI cartridge seals market share in 2023.

A W Chesterton Co; Sealing Technology; AESSEA Plc; HI-FAB Engineers Pvt. Ltd.; Scenic Co., Ltd; Flowserve Corporation; EagleBurgmann Germany GmbH & Co KG; Flexaseal Engineered Seals and Systems, LLC.; and World Sealing Corporation are some of the leading companies operating in the North America ANSI cartridge seals market.

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At 6.0% CAGR, the North America ANSI Cartridge Seals Market is speculated to be worth US$ 303.08 Million by 2030, saysthe research team

According tothe research team research, the North America ANSI cartridge seals market is expected to grow from US$ 201.61 million in 2023 to US$ 303.08 million by 2030, registering a CAGR of 6.0% from 2023 to 2030. Increasing adoption in the chemical & petrochemical industry and increasing strategic initiatives from manufacturers to expand production are the critical factors attributed to the North America ANSI cartridge seals market expansion.

Cartridge seals are mostly used in the chemical & petrochemical industry for sealing applications. A cartridge seal provides efficient fluid containment and prevents leakage, ensuring the safe operation of various equipment and processes. In the chemical industry, agitators and mixers are used for blending and stirring various substances. Cartridge seals are used in this equipment to prevent leakage and maintain the process efficiency. For instance, EagleBurgmann, headquartered in Germany, offers its cartridge unit for application in the chemical industry. The growth of the chemical industry is boosting the adoption of cartridge seals.

In the petrochemical industry, cartridge seals can be used in pumps, mixers, and compressors. Flexaseal Engineered Seals and Systems, LLC. —a US-based company—offers 53A, 58A, 59A, 63A & 66A, 78A, and 79A product cartridge seals for petrochemical plants. All these products have a rugged and durable design to withstand higher temperatures. The increasingly high demand for the petrochemical products such as methane, ethane, and propylene, is helping boost the adoption of cartridge seals. For instance, according to the US Energy Information Administration, ethane production in the US was 0.95 million barrels per day (b/d) in the first quarter of 2013, and it increased to 1.85 million b/d in the first quarter of 2021. This is propelling the adoption of the cartridge seal in the petrochemical industry. This is expected to drive the North America ANSI cartridge seals market during the forecast period.

On the contrary, high initial costs and availability of alternative mechanical seals hurdles the growth of North America ANSI cartridge seals market.

Based on type, the North America ANSI cartridge seals market is bifurcated into single cartridge seals and dual cartridge seals. The single cartridge seals segment held 51.8% market share in 2023, amassing US$ 104.41 million. It is projected to garner US$ 146.04 million by 2030 to expand at 4.9% CAGR during 2023-2030.

Based on application, the North America ANSI cartridge seals market is categorized into chemical & petrochemical industry, pharmaceutical industry, food & beverage industry, and others. The others segment held 45.5% market share in 2023, amassing US$ 91.77 million. It is projected to garner US$ 147.78 million by 2030 to expand at 7.0% CAGR during 2023-2030.

Based on country, the North America ANSI cartridge seals market has been categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 79.3% share of North America ANSI cartridge seals market in 2023. It was assessed at US$ 159.79 million in 2023 and is likely to hit US$ 245.91 million by 2030, exhibiting a CAGR of 6.4% during the forecast period.

Key players operating in the North America ANSI cartridge seals market are A W Chesterton Co; Sealing Technology; AESSEA Plc; HI-FAB Engineers Pvt. Ltd.; Scenic Co., Ltd; Flowserve Corporation; EagleBurgmann Germany GmbH & Co KG; Flexaseal Engineered Seals and Systems, LLC.; and World Sealing Corporation, among others.

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TABLE OF CONTENTS

1. Introduction
1.1 Study Scope
1.2 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. North America ANSI Cartridge Seals Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. North America 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 – North America Market Analysis
6.1 North America ANSI Cartridge Seals Market Overview
6.2 North America ANSI Cartridge Seals Market Revenue Forecast and Analysis
7. North America 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. North America 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. North America ANSI Cartridge Seals Market – by Country Analysis
9.1 North America Market
9.1.1 North America: ANSI cartridge seals Market, by Key Country
9.1.1.1 US: ANSI Cartridge Seals Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.1.1 US: ANSI Cartridge Seals Market, by Type
9.1.1.1.2 US: ANSI Cartridge Seals Market, by Application
9.1.1.2 Canada: ANSI Cartridge Seals Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.2.1 Canada: ANSI Cartridge Seals Market, by Type
9.1.1.2.2 Canada: ANSI Cartridge Seals Market, by Application
9.1.1.3 Mexico: ANSI Cartridge Seals Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.3.1 Mexico: ANSI Cartridge Seals Market, by Type
9.1.1.3.2 Mexico: ANSI Cartridge Seals Market, by Application
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 Product Development
10.4 Mergers & Acquisitions
11. Company Profiles
11.1 A W Chesterton Co
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Advanced Sealing Technology Inc
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 AESSEAL Plc
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 HI-FAB Engineers Pvt Ltd
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Scenic Co Ltd
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Flowserve Corp
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 EagleBurgmann Germany GmbH & Co KG
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Flexaseal Engineered Seals and Systems LLC
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 World Sealing Corp
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
12. Appendix
12.1 About
12.2 Word Index

LIST OF TABLES

Table 1. North America ANSI Cartridge Seals Market Revenue and Forecast to 2030 (US$ Million)
Table 2. North America: ANSI cartridge seals Market, by Country – Revenue and Forecast to 2030 (US$ Million)
Table 3. US: ANSI Cartridge Seals Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 4. US: ANSI Cartridge Seals Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 5. Canada: ANSI Cartridge Seals Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 6. Canada: ANSI Cartridge Seals Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 7. Mexico: ANSI Cartridge Seals Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 8. Mexico: ANSI Cartridge Seals Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 9. List of Abbreviation

LIST OF FIGURES

Figure 1. North America ANSI Cartridge Seals Market Segmentation
Figure 2. North America ANSI Cartridge Seals Market Segmentation – by Country
Figure 3. North America ANSI Cartridge Seals Market Overview
Figure 4. North America ANSI Cartridge Seals Market, by Type
Figure 5. North America ANSI Cartridge Seals Market, by Country
Figure 6. North America – PEST Analysis
Figure 7. North America ANSI cartridge seals Market- Ecosystem Analysis
Figure 8. North America Expert Opinions
Figure 9. North America ANSI Cartridge Seals Market Impact Analysis of Drivers and Restraints
Figure 10. North America ANSI Cartridge Seals Market Revenue Forecast and Analysis (US$ Million)
Figure 11. North America ANSI Cartridge Seals Market Revenue Share, by Type (2022 and 2030)
Figure 12. Single Cartridge Seals: North America ANSI Cartridge Seals Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. Dual Cartridge Seals: North America ANSI Cartridge Seals Market – Revenue and Forecast to 2030 (US$ Million)
Figure 14. North America Cartridge Seals Market Revenue Share, by application (2022 and 2030)
Figure 15. Chemical and Petrochemical Industry: North America Cartridge Seals Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16. Pharmaceutical Industry: North America Cartridge Seals Market – Revenue and Forecast to 2030 (US$ Million)
Figure 17. Food and Beverage Industry: North America Cartridge Seals Market – Revenue and Forecast to 2030 (US$ Million)
Figure 18. Others: North America Cartridge Seals Market – Revenue and Forecast to 2030 (US$ Million)
Figure 19. North America: ANSI Cartridge Seals Market, by Key Country – Revenue (2022) (US$ Million)
Figure 20. North America: ANSI Cartridge Seals Market Revenue Share, by Key Country (2022 and 2030)
Figure 21. US: ANSI Cartridge Seals Market – Revenue and Forecast to 2030 (US$ Million)
Figure 22. Canada: ANSI Cartridge Seals Market – Revenue and Forecast to 2030 (US$ Million)
Figure 23. Mexico: ANSI Cartridge Seals Market – Revenue and Forecast to 2030 (US$ Million)

The List of Companies – North America ANSI Cartridge Seals Market

– A W Chesterton Co
– Advanced Sealing Technology
– AESSEA Plc
– HI-FAB Engineers Pvt. Ltd.
– Scenic Co., Ltd
– Flowserve Corporation
– EagleBurgmann Germany GmbH & Co KG
– Flexaseal Engineered Seals and Systems, LLC.
– World Sealing Corporation

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