At 5.7% CAGR, the Europe ANSI Cartridge Seals Market is projected to be worth US$ 195.80 Million by 2030, says Business Market Insights

According to Business Market Insights’ research, the Europe ANSI cartridge seals market is expected to grow from US$ 133.24 million in 2023 to US$ 195.80 million by 2030, registering a CAGR of 5.7% 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 Europe ANSI cartridge seals market expansion.         

A cartridge seal is used in water pumps to provide reliable and efficient sealing solutions. KSB SE & Co. KGaA, a Germany-based company, has launched water pumps for high ambient temperatures. In this pump, a double cartridge seal is used. The cartridge can be replaced as a complete unit. The pump is capable of transferring fluids with a temperature of up to 40°C and operating in environments with a temperature of up to 55°C. It gives an advantage to the pump to be used in high-temperature countries where the pumps are often dry-installed in air-conditioned rooms. Such development in the cartridge seal is helping to boost the adoption of the seal in high-temperature countries. This is expected to drive the Europe ANSI cartridge seals market during the forecast period.

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

Based on type, the Europe ANSI cartridge seals market is bifurcated into single cartridge seals and dual cartridge seals. The single cartridge seals segment held 53.7% market share in 2023, amassing US$ 71.59 million. It is projected to garner US$ 98.85 million by 2030 to expand at 4.7% CAGR during 2023–2030.

Based on application, the Europe ANSI cartridge seals market is categorized into chemical & petrochemical industry, pharmaceutical industry, food & beverage industry, and others. The others segment held 46.9% market share in 2023, amassing US$ 62.52 million. It is projected to garner US$ 98.44 million by 2030 to expand at 6.7% CAGR during 2023–2030.

Based on country, the Europe ANSI cartridge seals market has been categorized into France, Germany, the UK, Italy, Russia, and the Rest of Europe.  Our regional analysis states that Germany captured 30.6% share of Europe ANSI cartridge seals market in 2023. It was assessed at US$ 40.73 million in 2023 and is likely to hit US$ 54.31 million by 2030, exhibiting a CAGR of 4.2% during the forecast period.            

Key players operating in the Europe 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 Stramek Flow Control, S.L.; among others.

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