South America ANSI Cartridge Seals Market Forecast to 2030

South 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 South America ANSI cartridge seals market is expected to grow from US$ 26.44 million in 2023 to US$ 35.45 million by 2030; it is estimated to grow at a CAGR of 4.3% from 2023 to 2030.

Increasing Strategic Initiatives from Manufacturers to Expand Production Fuel the South 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. For instance, in January 2023, EagleBurgmann opened its new manufacturing plant in Brazil. The plant was designed for manufacturing machines and energy-efficient systems. 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.

South America ANSI Cartridge Seals Market Overview

The South America ANSI cartridge seals market is segmented into Brazil, Argentina, and the Rest of South America. Over the years, South America has experienced a rapid increase in oil production. The region presently produces 7.5 million barrels of oil per day. Venezuela and Brazil control most oil output of Central & South America. Venezuela has always been the largest producer in South America. The country has 18% of the world’s total oil reserves. Thus, the significant presence of the oil & gas industry in South America is driving mechanical and industrial pumps, which is further propelling the growth of the ANSI cartridge seals in the region.

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

South America ANSI Cartridge Seals Market Segmentation

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

Based on country, the South America ANSI cartridge seals market is segmented into Brazil, Argentina, and the Rest of South America. Brazil dominated the South America ANSI cartridge seals market in 2023.

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

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At 4.3% CAGR, the South America ANSI Cartridge Seals Market is speculated to be worth US$ 35.45 Million by 2030, saysthe research team

According tothe research team research, the South America ANSI cartridge seals market is expected to grow from US$ 26.44 million in 2023 to US$ 35.45 million by 2030, registering a CAGR of 4.3% 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 South 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. This is expected to drive the South 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 South America ANSI cartridge seals market.

Based on type, the South America ANSI cartridge seals market is bifurcated into single cartridge seals and dual cartridge seals. The single cartridge seals segment held 52.0% market share in 2023, amassing US$ 13.75 million. It is projected to garner US$ 17.16 million by 2030 to expand at 3.2% CAGR during 2023-2030.

Based on application, the South America ANSI cartridge seals market is categorized into chemical & petrochemical industry, pharmaceutical industry, food & beverage industry, and others. The chemical & petrochemical industry segment held 54.8% share of South America ANSI cartridge seals market in 2023, amassing US$ 14.48 million. It is projected to garner US$ 20.29 million by 2030 to expand at 4.9% CAGR during 2023-2030.

Based on country, the South America ANSI cartridge seals market has been categorized into Brazil, Argentina, and the Rest of South America. Our regional analysis states that Brazil captured 66.9% share of South America ANSI cartridge seals market in 2023. It was assessed at US$ 17.69 million in 2023 and is likely to hit US$ 25.08 million by 2030, exhibiting a CAGR of 5.1% during the forecast period.

Key players operating in the South America ANSI cartridge seals market are A W Chesterton Co; AESSEA Plc; HI-FAB Engineers Pvt. Ltd.; Scenic Co., Ltd; Flowserve Corporation; EagleBurgmann Germany GmbH & Co KG; Flexaseal Engineered Seals and Systems, LLC.; and Stramek Flow Control SL, 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. South America ANSI Cartridge Seals Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 South America
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. South 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 – South America Market Analysis
6.1 South America ANSI Cartridge Seals Market Overview
6.2 South America ANSI Cartridge Seals Market Revenue Forecast and Analysis
7. South 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. South 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. South America ANSI Cartridge Seals Market – by Country Analysis
9.1 South America: ANSI cartridge seals Market
9.1.1 South America: ANSI Cartridge Seals Market, by Key Country
9.1.1.1 Brazil: ANSI Cartridge Seals Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.1.1 Brazil: ANSI Cartridge Seals Market, by Type
9.1.1.1.2 Brazil: ANSI Cartridge Seals Market, by Application
9.1.1.2 Argentina: ANSI Cartridge Seals Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.2.1 Argentina: ANSI Cartridge Seals Market, by Type
9.1.1.2.2 Argentina: ANSI Cartridge Seals Market, by Application
9.1.1.3 Rest of South America: ANSI Cartridge Seals Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.3.1 Rest of South America: ANSI Cartridge Seals Market, by Type
9.1.1.3.2 Rest of South America: 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 AESSEAL Plc
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 HI-FAB Engineers Pvt Ltd
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 Scenic Co 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 Flowserve Corp
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 EagleBurgmann Germany GmbH & Co KG
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 Flexaseal Engineered Seals and Systems LLC
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 Stramek Flow Control SL
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
12. Appendix
12.1 About
12.2 Word Index

LIST OF TABLES

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

LIST OF FIGURES

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

The List of Companies – South America ANSI Cartridge Seals Market

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

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