Polymer Seal Industry Analysis in Middle East & Africa

Study on Polymer Seals in Middle East & Africa By Material (Polyurethane (PU), Acrylonitrile-butadiene-rubber (NBR), Fluoro-rubber (FKM), Polytetrafluoroethylene (PTFE)), By Product Type (Hydraulic & Pneumatic Seals, Rotary Seals, Spring Energized Seals), By End Use (Transportation Equipment, Industrial Machinery & Equipment, Electronic Apparatus & Appliances, Healthcare, Oil & Gas Extraction, Construction Infrastructure & Utilities, MRO, Other Manufacturing & Assembly Cleaning Fluids), By Sales Channel (OEMs, Aftermarket) and By Country - 2024 to 2034

Analysis of XYZ Covering Countries Includes Analysis of India, ASEAN Australia and New Zealand Rest of The Middle East & Africa

Polymer Seal Sales Outlook for Middle East & Africa (2024 to 2034)

The Middle East & Africa is estimated to account for US$ 371.8 million worth of polymer seal sales in 2024, and are projected to increase at 4.2% CAGR over the next ten years. By the end of 2034, the market is forecasted to reach a size of US$ 566 million.

The oil & gas industry is projected to primarily augment shipments of polymer seals in the Middle East & Africa over the coming years. Increasing investments of airlines in this region in fleet expansion are also forecasted to create new opportunities for polymer seal providers across the study period and beyond. Rising manufacturing activity and efforts to boost economic growth by several countries in the MEA region are also estimated to bolster polymer seal sales in the future.

  • The Middle East & Africa is projected to account for 3% of global demand for polymer seals in 2024.
Report Attributes Details
Polymer Seal Sales in Middle East & Africa (2024E) US$ 371.8 Million
Projected Sales (2034F) US$ 566 Million
Demand Growth (2024 to 2034) 4.2% CAGR
Sales in Rest of South Africa (2024E) US$ 47 Million
Demand Growth in Turkey (2024 to 2034) 3.3% CAGR
OEM Sales (2024E) US$ 261.5 Million
Hydraulic & Pneumatic Seals Market Share (2024E) 46.5%
Key Companies Profiled
  • Chesterton
  • Flexitallic
  • Sealing Solutions
  • Teadit
  • Gulf Gasket Manufacturing Co.

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Why are Polymer Seal Sales Set to Only Increase in MEA Going Ahead?

“Increasing Investments in Expansion of Oil & Gas Industry”

The Middle East & Africa region has predominantly been known for its robust oil & gas industry for decades and increasing investments to keep milking the most out of this industry are projected to aid steady sales of polymer seals in this region. Collaborations and partnerships between international companies with oil & gas companies in this region are slated to create new opportunities for polymer seal providers in the Middle East & Africa going forward.

  • In July 2023, TotalEnergies, a French multinational petroleum business, announced that it had signed a US$ 27 billion energy deal with Iraq. Under this deal, the company will launch several projects involving renewables, oil, and gas production in Iraq over the coming years.

Find more details of growth-augmenting factors such as local supply, pricing trends, product standards, safety regulations, and new developments in this research study on polymer seals by skilled analysts at Fact.MR, a market research and competitive intelligence provider.

Country-wise Insights

Presence of a lucrative oil & gas industry and growing investments in the expansion of the same are projected to create new opportunities for polymer seal suppliers in countries such as Iraq, Algeria, Saudi Arabia, Qatar, and Kuwait.

Why are GCC Countries Considered Opportune Markets in MEA?

“High Use of Polymer Seals in Oil & Gas Industry”

Attribute GCC Countries
Market Value (2024E) US$ 200.3 Million
Growth Rate (2024 to 2034) 4.5% CAGR
Projected Value (2034F) US$ 315 Million

Seals help maintain the pressure in different applications and also help in plugging and stopping possible leaks, which is a requisite for the oil & gas industry as any shortcoming could lead to huge losses. Polymer seals play a crucial role in the functioning of any oil & gas production and extraction facility as they handle volatile liquids that cannot be spilled or leaked anywhere.

Implementation of stringent safety mandates for the oil & gas industry is also slated to bolster demand for polymer seals in GCC countries over the coming years. Saudi Arabia, Qatar, and Kuwait are some of the leading oil-producing countries in the world and they are slated to be highly lucrative for polymer seal suppliers through 2034.

Which MEA Countries Should Polymer Seal Manufacturers Invest In?

“Iraq, Nigeria, and Algeria to Emerge as Bankable Markets in MEA”

Attribute Rest of MEA
Market Value (2024E) US$ 87.5 Million
Growth Rate (2024 to 2034) 4.2% CAGR
Projected Value (2034F) US$ 133 Million

A majority of countries in the MEA region are rich in oil & gas reserves and this makes them highly attractive for oil & gas companies from around the world. As companies invest more in oil & gas exploration they are being drawn to countries such as Nigeria, Algeria, and Iraq thereby creating potential demand for polymer seals in these countries. Efforts of African countries to utilize their oil and gas reserves are also projected to aid sales of polymer seals in the Middle East & Africa over the next ten years.

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Category-wise Insights

Polymer seal manufacturers in the Middle East & Africa are focusing on providing polymer seals made from polytetrafluoroethylene to the oil & gas industry to get the best returns on their investments.

Which Material is Extensively Used to Make Polymer Seals?

“Bulk of Polymer Seals Made from Polytetrafluoroethylene (PTFE)”

Attribute Polytetrafluoroethylene (PTFE)
Segment Value (2024E) US$ 153.9 Million
Growth Rate (2024 to 2034) 5% CAGR
Projected Value (2034F) US$ 252 Million

Polytetrafluoroethylene (PTFE) has a low coefficient of friction and is hydrophobic in nature, these characteristics make it a perfect choice for the manufacturing of polymer seals. High temperature resistance and chemical properties of this synthetic fluoropolymer make it a preferred material for polymer seal manufacturing in the Middle East & Africa through 2034.

Where are Most Polymer Seals Used?

“Oil & Gas Extraction to Spearhead Revenue Generation”

Attribute Oil & Gas Extraction
Segment Value (2024E) US$ 98.8 Million
Growth Rate (2024 to 2034) 5% CAGR
Projected Value (2034F) US$ 162 Million

The oil & gas industry is humongous in the Middle East & Africa region and this is why the demand for polymer seals is slated to be high for oil & gas extraction use over the coming years. Growing use of precision technologies in this industry is also slated to uplift sales of polymer seals in the Middle East & Africa over the next ten years.

Analysts’ Opinion

There is no doubt that polymer seal suppliers in the Middle East & Africa will have to focus on the oil & gas industry to establish their business in this region. Polymer seal companies can also diversify their business by investing in the aviation industry as it is also projected to expand significantly over the coming years. Increasing manufacturing activity in the MEA region is also forecasted to create moneymaking opportunities for polymer seal vendors in the long run.

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Segmentation of Polymer Seal Study in Middle East & Africa

  • By Material :

    • Polyurethane (PU)
    • Acrylonitrile-butadiene-rubber (NBR)
    • Fluoro-rubber (FKM)
    • Polytetrafluoroethylene (PTFE)
    • Other Material Types
  • By Product Type :

    • Hydraulic & Pneumatic Seals
    • Rotary Seals
    • Spring Energized Seals
  • By End Use :

    • Transportation Equipment
      • Automotive & Components
      • Aircraft & Components
      • Railroad Equipment
      • Marine Transportation & Components
    • Industrial Machinery & Equipment
    • Electronic Apparatus & Appliances
    • Healthcare
      • Medical Devices & Component Manufacturing
      • Surgical Tool Manufacturing
    • Oil & Gas Extraction
    • Construction Infrastructure & Utilities
    • MRO, Other Manufacturing & Assembly Cleaning Fluids
    • Others
  • By Sales Channel :

    • OEMs
    • Aftermarket
  • By Country :

    • India
    • ASEAN
    • Australia and New Zealand
    • Rest of The Middle East & Africa

- FAQs -

Polymer seal sales in the Middle East & Africa are estimated at US$ 371.8 million in 2024.

Sales of polymer seals in MEA are forecasted to reach US$ 566 million by the end of 2034.

Demand for polymer seals is projected to increase at 4.2% CAGR from 2024 to 2034.

Polymer seal sales in South Africa are projected to rise at 3.9% CAGR over the next ten years.

Chesterton, Flexitallic, Sealing Solutions, Teadit, and Gulf Gasket Manufacturing Co. are leading polymer seal companies in MEA.

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Polymer Seal Industry Analysis in Middle East & Africa

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