Jun 14, 2022   SOURCE: BusinessWire

Outlook on the Pharmaceutical Processing Seals Global Market to 2030 - Featuring Trelleborg, Freudenberg and IDEX Among Others - ResearchAndMarkets.com

The "Pharmaceutical Processing Seals Market Share, Size, Trends, Industry Analysis Report, By Type; By Material; By Application; By Region; Segment Forecast, 2022 - 2030" report has been added to ResearchAndMarkets.com's offering.

The global pharmaceutical processing seals market size is expected to reach USD 4.92 billion by 2030, according to a new study. The report gives a detailed insight into current market dynamics and provides analysis on future industry growth.

The requirement for pharmaceutical processing seals is quite high due to the increased demand for cleanliness and sanitation. There is always be a need to enforce tight legal rules and purity requirements. Seals come into direct touch with a range of media at varying pressures and temperatures, so they must be fully free of side effects, dangers, and hazards. Not only should they always prevent process alterations or product contamination, but they should also avoid interfering with any active agents through interactions or component transfer.

Furthermore, the rising demand for new and innovative products, and rising demand from emerging nations, are projected to help fuel industry expansion.

For instance, in December 2021, BDR Pharma, one of India's major generic pharma businesses, has introduced Midostaurin, India's first generic, under the brand name MSTARIN, which is used to treat rare and difficult-to-treat tumors. For adult women with newly diagnosed Acute Myeloid Leukemia (AML) who have mutated FLT3 gene, the drug is authorized in conjunction with standard care of both Daunorubicin and Cytarabine combination therapy coupled with chemotherapy sessions.

Based on the material, the silicon segment accounted for the leading share in the market, in 2021. Pharmaceutical processing covers are predicted to be in high demand due to capacity growth and ongoing innovation in the pharmaceutical sector. Silicone is used in the pharma sector because of its advantages, such as adaptability and resilience under extreme pressure and temperature, chemical resistance, and low bacterial growth.

The publisher has segmented the pharmaceutical processing seals market report based on type, material, application, and region:

Pharmaceutical Processing Seals, Material Outlook

  • Metals
  • PTFE
  • Silicone
  • Nitrile Rubber
  • EPDM
  • FKM
  • FFKM
  • UHMWPE
  • PU

Pharmaceutical Processing Seals, Type Outlook

  • O-rings
  • Gaskets
  • Lip seals
  • D seals
  • Others

Pharmaceutical Processing Seals, Application Outlook

  • Manufacturing equipment
  • R&D
  • Quality control
  • Packaging equipment
  • Others

Pharmaceutical Processing Seals, Regional Outlook

  • North America
  • U.S
  • Canada
  • Europe
  • France
  • Germany
  • UK
  • Italy
  • Spain
  • Netherlands
  • Austria
  • Asia Pacific
  • China
  • India
  • Japan
  • Malaysia
  • South Korea
  • Indonesia
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Companies Mentioned

  • Trelleborg AB
  • Freudenberg Group
  • IDEX Corporation
  • Parker Hannifin Corporation
  • John Crane
  • Morgan Advanced Materials Plc
  • Saint-Gobain S.A.
  • Flowserve Corporation
  • James Walker

For more information about this report visit https://www.researchandmarkets.com/r/mbczga