DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "High Pressure Seals Market by Material - Global Forecast to 2026" report to their offering.
The high pressure processing equipment market, estimated at USD 238.9 million in 2015, is projected to grow at a CAGR of 11.26%, to reach USD 500.3 million by 2022. The market is primarily driven by factors such as increased production use of different sizes of vessels, widening applicability of high pressure processing equipment, and increased expenditure in R&D by manufacturers.
The primary restraining factor for this market is the high cost of installation and maintenance of the equipment, which is unaffordable to many food manufacturers. The high growth potential in the North America region and untapped regions of Asia-Pacific provides new growth opportunities for the market players.
North America is projected to be the fastest-growing market for the period considered for this study, due to the high adoption rate of new processing technologies. The U.S. and Canada are expected to lead the market for high pressure processing equipment in the North American region for the next six years, as a result of the installation of such equipment by food manufacturers to cater to the needs of customers for fresh products.
The U.S. high pressure processing equipment market is expected to be the fastest growing market in the review period, owing to the establishment of a large number of toll processors to cater to the requirements of small scale food manufacturers.
- American High Performance Seals
- Eagle Burgmann
- Ekato Holding Gmbh
- Flowserve Corporation
- FP Paris
- James Walker
- Jet Seal
- John Crane
- Seal House
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Global High Pressure Seals Market, by Material
8 Global High Pressure Seals Market, by End-Use Industry
9 High Pressure Seal Market, by Region
10 Competitive Landscape
11 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/plqz83/high_pressure