1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION 15
1.3 MARKET SCOPE 16
1.3.1 REGIONS COVERED 16
1.3.2 YEARS CONSIDERED FOR THE STUDY 17
1.4 CURRENCY 17
1.5 STAKEHOLDERS 17

2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.1.1 SECONDARY DATA 20
2.1.1.1 Key data from secondary sources 20
2.1.2 PRIMARY DATA 20
2.1.2.1 Key data from primary sources 20
2.1.2.2 Key industry insights 21
2.1.2.3 Breakdown of primary interviews 21
2.2 MARKET SIZE ESTIMATION 22
2.3 DATA TRIANGULATION 23
2.4 ASSUMPTIONS AND LIMITATIONS 24
2.4.1 ASSUMPTIONS 24
2.4.2 LIMITATIONS 24

3 EXECUTIVE SUMMARY 25

4 PREMIUM INSIGHTS 28
4.1 ATTRACTIVE OPPORTUNITIES IN THE OIL & GAS PROCESSING SEALS MARKET 28
4.2 OIL & GAS PROCESSING SEALS MARKET, BY REGION 28
4.3 OIL & GAS PROCESSING SEALS MARKET, BY TYPE AND REGION 29
4.4 OIL & GAS PROCESSING SEALS MARKET, BY APPLICATION 29
4.5 OIL & GAS PROCESSING SEALS MARKET, BY TYPE 30
4.6 OIL & GAS PROCESSING SEALS MARKET: MAJOR COUNTRIES 30

5 MARKET OVERVIEW 31
5.1 INTRODUCTION 31
5.2 MARKET DYNAMICS 31
5.2.1 DRIVERS 32
5.2.1.1 Increased efficiency in offshore oil recovery 32
5.2.1.2 Increasing crude oil production 32
5.2.2 RESTRAINTS 33
5.2.2.1 Gland packaging and seal-less pumps 33
5.2.2.2 Growth in the renewable energy sector 33
5.2.2.3 Low oil & gas prices 33
5.2.3 OPPORTUNITIES 33
5.2.3.1 Discovery of new oilfields 33
5.2.4 CHALLENGES 34
5.2.4.1 Specific requirements from end-use industries 34
5.3 PORTER'S FIVE FORCES ANALYSIS 34
5.3.1 THREAT OF NEW ENTRANTS 35
5.3.2 THREAT OF SUBSTITUTES 35
5.3.3 BARGAINING POWER OF SUPPLIERS 35
5.3.4 BARGAINING POWER OF BUYERS 35
5.3.5 INTENSITY OF COMPETITIVE RIVALRY 36
5.4 MACROECONOMIC OVERVIEW 36
5.4.1 MANUFACTURING INDUSTRY TRENDS AND FORECAST, BY COUNTRY 36
5.5 OIL & GAS WELLS, BY REGION (2016) 37
5.6 CRUDE OIL THROUGHPUT BY REGION, 2016 (IN 1000 BPD) 39
5.6.1 OIL & GAS INDUSTRY TRENDS, BY REGION AND COUNTRY 41

6 OIL & GAS PROCESSING SEALS MARKET, BY MATERIAL 43
6.1 INTRODUCTION 44
6.2 METAL 45
6.2.1 STRONG PHYSICAL AND CHEMICAL PROPERTIES ARE EXPECTED TO DRIVE THE DEMAND FOR METALS IN THE OIL & GAS PROCESSING SEALS MARKET 45
6.3 ELASTOMER 45
6.3.1 OIL & GAS PROCESSING SEALS BASED ON ELASTOMER ARE USED IN DIFFERENT APPLICATIONS IN THE OIL & GAS INDUSTRY 45
6.4 SEAL FACE MATERIAL 45
6.4.1 EXCELLENT MECHANICAL PROPERTIES OF SEAL FACE MATERIAL DRIVE ITS DEMAND IN THE OIL & GAS PROCESSING SEALS MARKET 45
6.5 OTHERS 46

7 OIL & GAS PROCESSING SEALS MARKET, BY TYPE 47
7.1 INTRODUCTION 48
7.2 SINGLE SEAL 49
7.2.1 SINGLE OIL & GAS PROCESSING SEALS ARE WIDELY USED FOR THEIR COST AND ENERGY SAVING PROPERTIES 49
7.3 DOUBLE SEAL 49
7.3.1 DOUBLE OIL & GAS PROCESSING SEALS ENSURE MAXIMUM SEALING AND MINIMUM LEAKAGE OF FLUID OR GAS 49

8 OIL & GAS PROCESSING SEALS MARKET, BY APPLICATION 51
8.1 INTRODUCTION 52
8.2 UPSTREAM 53
8.2.1 HIGH-TEMPERATURE RESISTANCE AND DURABILITY ARE THE PROPERTIES OF OIL & GAS PROCESSING SEALS THAT ARE DRIVING THEIR DEMAND IN THIS SEGMENT 53
8.3 MIDSTREAM 53
8.3.1 GROWING MIDSTREAM OIL & GAS SECTOR IS LIKELY TO DRIVE THE DEMAND FOR OIL & GAS PROCESSING SEALS 53
8.4 DOWNSTREAM 54
8.4.1 DOWNSTREAM IS A KEY APPLICATION OF OIL & GAS PROCESSING SEALS 54

9 OIL & GAS PROCESSING SEALS MARKET, BY REGION 55
9.1 INTRODUCTION 56
9.2 NORTH AMERICA 58
9.2.1 US 60
9.2.1.1 Growing offshore and onshore drilling activities are expected to drive the US market for oil & gas processing seals 60
9.2.2 CANADA 61
9.2.2.1 Increasing investments in the oil & gas industry in Canada are boosting the oil & gas processing seals market 61
9.2.3 MEXICO 61
9.2.3.1 Growing upstream oil & gas sector is likely to drive the market for oil & gas processing seals 61
9.3 MIDDLE EAST & AFRICA 62
9.3.1 SAUDI ARABIA 65
9.3.1.1 Presence of the world's largest petroleum reserves has boosted the oil & gas processing seals market in Saudi Arabia 65
9.3.2 IRAN 65
9.3.2.1 Increasing crude oil processing capacities drive the oil & gas processing seals market in Iran 65
9.3.3 UAE 66
9.3.3.1 Growing oil production drives the market for oil & gas processing seals in the UAE 66
9.3.4 REST OF MIDDLE EAST & AFRICA 67
9.4 APAC 67
9.4.1 CHINA 70
9.4.1.1 Presence of large oilfields and drilling in new reserves are driving the market 70
9.4.2 INDIA 70
9.4.2.1 Major oilfield discoveries are expected to boost the market in India 70
9.4.3 INDONESIA 71
9.4.3.1 Increase in investment in oil exploration activities is projected to drive the market 71
9.4.4 MALAYSIA 72
9.4.4.1 Increase in refining and storage capacity is expected to propel the oil & gas processing seals market 72
9.4.5 AUSTRALIA 72
9.4.5.1 Increase in oil & gas production is expected to drive the demand for oil & gas processing seals 72
9.4.6 REST OF APAC 73
9.5 EUROPE 73
9.5.1 RUSSIA 75
9.5.1.1 Exploration of oil and gas reserves in the country boosts the demand for oil & gas processing seals 75
9.5.2 UK 75
9.5.2.1 Drilling, well completion, and production are expected to generate a demand for oil & gas processing seals in the UK 75
9.5.3 NETHERLANDS 76
9.5.3.1 Growing shale gas industry is expected to drive the country's oil & gas processing seals market 76
9.5.4 NORWAY 76
9.5.4.1 New offshore discoveries govern the oil & gas processing seals market in Norway 76
9.5.5 POLAND 77
9.5.5.1 Growing investments in technology and innovation in the oil & gas industry drive the oil & gas processing seals market 77
9.5.6 REST OF EUROPE 78
9.6 SOUTH AMERICA 78
9.6.1 BRAZIL 79
9.6.1.1 Increasing exploration and discovery of undersea oilfields are likely to propel the oil & gas processing seals market in Brazil 79
9.6.2 VENEZUELA 80
9.6.2.1 Presence of abundant oil fields drives the market for oil & gas processing seals in Venezuela 80
9.6.3 REST OF SOUTH AMERICA 81

10 COMPETITIVE LANDSCAPE 82
10.1 INTRODUCTION 82
10.2 MARKET RANKING OF KEY PLAYERS 83
10.3 COMPETITIVE SCENARIO 84
10.3.1 NEW PRODUCT LAUNCH 84
10.3.2 EXPANSION 84

11 COMPANY PROFILES 85
(Business overview, Products offered, Recent developments, MNM view, SWOT analysis)*
11.1 FREUDENBERG GROUP 85
11.2 JOHN CRANE 88
11.3 FLOWSERVE CORPORATION 90
11.4 PARKER HANNIFIN CORP 92
11.5 SAINT-GOBAIN 95
11.6 TRELLEBORG AB 98
11.7 DUPONT 101
11.8 PRECISION POLYMER ENGINEERING 104
11.9 TECHNO AD LTD. 105
11.10 M.BARNWELL SERVICES LIMITED 106
11.11 PRECISION ASSOCIATES, INC. 107
11.12 FTL TECHNOLOGY 108
11.13 AESSEAL PLC. 108
11.14 TECHNETICS GROUP 108
11.15 PERFORMANCE SEALING INC. 108
11.16 CEETAK LTD. 108
11.17 AMERICAN HIGH PERFORMANCE SEALS 108
*Business overview, Products offered, Recent developments, MNM view, SWOT analysis might not be captured in case of unlisted companies.

12 APPENDIX 109
12.1 DISCUSSION GUIDE 109
12.2 KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL 112
12.3 AVAILABLE CUSTOMIZATIONS 114
12.4 RELATED REPORTS 114
12.5 AUTHOR DETAILS 115

LIST OF TABLES
TABLE 1 CONTRIBUTION OF MANUFACTURING INDUSTRY TO GDP, BY COUNTRY, 2015-2021 (USD BILLION) 36
TABLE 2 NORTH AMERICA: OIL & GAS WELLS, BY COUNTRY (2016) 37
TABLE 3 MIDDLE EAST & AFRICA: OIL & GAS WELLS, BY COUNTRY (2016) 37
TABLE 4 APAC: OIL & GAS WELLS, BY COUNTRY (2016) 38
TABLE 5 EUROPE: OIL & GAS WELLS, BY COUNTRY (2016) 38
TABLE 6 SOUTH AMERICA: OIL & GAS WELLS, BY COUNTRY (2016) 38
TABLE 7 NORTH AMERICA: CRUDE OIL THROUGHPUT, BY COUNTRY, 2016 (1000 BPD) 39
TABLE 8 SOUTH AMERICA: CRUDE OIL THROUGHPUT, BY COUNTRY, 2016 (1000 BPD) 39
TABLE 9 MIDDLE EAST & AFRICA: CRUDE OIL THROUGHPUT, BY COUNTRY, 2016 (1000 BPD) 39
TABLE 10 APAC: CRUDE OIL THROUGHPUT, BY COUNTRY, 2016 (1000 BPD) 39
TABLE 11 EUROPE: CRUDE OIL THROUGHPUT, BY COUNTRY, 2016 (1000 BPD) 40
TABLE 12 OIL PRODUCTION, MILLION TONNES (2014-2015) 41
TABLE 13 OIL & GAS PROCESSING SEALS MARKET SIZE, BY MATERIAL, 2016-2023 (USD MILLION) 44
TABLE 14 OIL & GAS PROCESSING SEALS MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION) 48
TABLE 15 SINGLE OIL & GAS PROCESSING SEALS MARKET SIZE, 2016-2023 (USD MILLION) 49
TABLE 16 DOUBLE OIL & GAS PROCESSING SEALS MARKET SIZE, 2016-2023 (USD MILLION) 50
TABLE 17 OIL & GAS PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 52
TABLE 18 OIL & GAS PROCESSING SEALS MARKET SIZE IN UPSTREAM APPLICATION, BY REGION, 2016-2023 (USD MILLION) 53
TABLE 19 OIL & GAS PROCESSING SEALS MARKET SIZE IN MIDSTREAM APPLICATION, BY REGION, 2016-2023 (USD MILLION) 54
TABLE 20 OIL & GAS PROCESSING SEALS MARKET SIZE IN DOWNSTREAM APPLICATION, BY REGION, 2016-2023 (USD MILLION) 54
TABLE 21 OIL & GAS PROCESSING SEALS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION) 57
TABLE 22 OIL & GAS PROCESSING SEALS MARKET SIZE, BY MATERIAL, 2016-2023 (USD MILLION) 57
TABLE 23 OIL & GAS PROCESSING SEALS MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION) 57
TABLE 24 OIL & GAS PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 58
TABLE 25 NORTH AMERICA: OIL & GAS PROCESSING SEALS MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION) 59
TABLE 26 NORTH AMERICA: OIL & GAS PROCESSING SEALS MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION) 60
TABLE 27 NORTH AMERICA: OIL & GAS PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 60
TABLE 28 US: OIL & GAS PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 61
TABLE 29 CANADA: OIL & GAS PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 61
TABLE 30 MEXICO: OIL & GAS PROCESSING SEALS MARKET SIZE, APPLICATION, 2016-2023 (USD MILLION) 62
TABLE 31 MIDDLE EAST & AFRICA: OIL & GAS PROCESSING SEALS MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION) 64
TABLE 32 MIDDLE EAST & AFRICA: OIL & GAS PROCESSING SEALS MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION) 64
TABLE 33 MIDDLE EAST AND AFRICA: OIL & GAS PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 64
TABLE 34 SAUDI ARABIA: OIL & GAS PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 65
TABLE 35 IRAN: OIL & GAS PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 66
TABLE 36 UAE: OIL & GAS PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 66
TABLE 37 REST OF MIDDLE EAST & AFRICA: OIL & GAS PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 67
TABLE 38 APAC: OIL & GAS PROCESSING SEALS MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION) 69
TABLE 39 APAC: OIL & GAS PROCESSING SEALS MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION 69
TABLE 40 APAC: OIL & GAS PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 69
TABLE 41 CHINA: OIL & GAS PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 70
TABLE 42 INDIA: OIL & GAS PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 71
TABLE 43 INDONESIA: OIL & GAS PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 71
TABLE 44 MALAYSIA: OIL & GAS PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 72
TABLE 45 AUSTRALIA: OIL & GAS PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 72
TABLE 46 REST OF APAC: OIL & GAS PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 73
TABLE 47 EUROPE: OIL & GAS PROCESSING SEALS MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION) 74
TABLE 48 EUROPE: OIL & GAS PROCESSING SEALS MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION) 74
TABLE 49 EUROPE: OIL & GAS PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 74
TABLE 50 RUSSIA: OIL & GAS PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 75
TABLE 51 UK: OIL & GAS PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 76
TABLE 52 NETHERLANDS: OIL & GAS PROCESSING SEALS MARKET SIZE, APPLICATION, 2016-2023 (USD MILLION) 76
TABLE 53 NORWAY: OIL & GAS PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 77
TABLE 54 POLAND: OIL & GAS PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 77
TABLE 55 REST OF EUROPE: OIL & GAS PROCESSING SEALS MARKET SIZE, APPLICATION, 2016-2023 (USD MILLION) 78
TABLE 56 SOUTH AMERICA: OIL & GAS PROCESSING SEALS MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION) 78
TABLE 57 SOUTH AMERICA: OIL & GAS PROCESSING SEALS MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION) 79
TABLE 58 SOUTH AMERICA: OIL & GAS PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 79
TABLE 59 BRAZIL: OIL & GAS PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 80
TABLE 60 VENEZUELA: OIL & GAS PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 80
TABLE 61 REST OF SOUTH AMERICA: OIL & GAS PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 81
TABLE 62 NEW PRODUCT LAUNCH, 2015-2018 84
TABLE 63 EXPANSION, 2015-2018 84

LIST OF FIGURES
FIGURE 1 OIL & GAS PROCESSING SEALS MARKET SEGMENTATION 16
FIGURE 2 OIL & GAS PROCESSING SEALS MARKET, BY REGION 16
FIGURE 3 OIL & GAS PROCESSING SEALS MARKET: RESEARCH DESIGN 18
FIGURE 4 BOTTOM-UP APPROACH 22
FIGURE 5 TOP-DOWN APPROACH 22
FIGURE 6 OIL & GAS PROCESSING SEALS MARKET: DATA TRIANGULATION 23
FIGURE 7 METAL SEGMENT TO LEAD THE OIL & GAS PROCESSING SEALS MARKET 25
FIGURE 8 SINGLE SEAL TO BE THE LARGEST TYPE OF OIL & GAS PROCESSING SEALS 26
FIGURE 9 DOWNSTREAM APPLICATION TO LEAD THE OIL & GAS PROCESSING SEALS MARKET 26
FIGURE 10 APAC TO BE THE FASTEST-GROWING OIL & GAS PROCESSING SEALS MARKET 27
FIGURE 11 INCREASE IN OIL PRODUCTION AND DOWNSTREAM ACTIVITIES TO DRIVE THE MARKET BETWEEN 2018 AND 2023 28
FIGURE 12 MIDDLE EAST & AFRICA TO LEAD THE OIL & GAS PROCESSING SEALS MARKET 28
FIGURE 13 SINGLE SEAL TYPE ACCOUNTED FOR THE LARGEST SHARE OF THE OIL & GAS PROCESSING SEALS MARKET 29
FIGURE 14 DOWNSTREAM SEGMENT TO ACCOUNT FOR THE LARGEST SHARE OF THE OIL & GAS PROCESSING SEALS MARKET 29
FIGURE 15 SINGLE SEAL SEGMENT TO ACCOUNT FOR THE LARGEST SHARE OF THE OVERALL OIL & GAS PROCESSING SEALS MARKET 30
FIGURE 16 INDIA TO GROW AT THE FASTEST RATE 30
FIGURE 17 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES GOVERNING THE OIL & GAS PROCESSING SEALS MARKET 31
FIGURE 18 OIL & GAS PROCESSING SEALS MARKET: PORTERS FIVE FORCES ANALYSIS 34
FIGURE 19 METAL SEGMENT TO DOMINATE THE OIL & GAS PROCESSING SEALS MARKET 44
FIGURE 20 SINGLE SEAL TO BE THE LARGEST TYPE OF OIL & GAS PROCESSING SEALS 48
FIGURE 21 DOWNSTREAM SEGMENT TO DOMINATE THE OIL & GAS PROCESSING SEALS MARKET BETWEEN 2018 AND 2023 52
FIGURE 22 INDIA TO GROW AT THE HIGHEST RATE 56
FIGURE 23 NORTH AMERICA: OIL & GAS PROCESSING SEALS MARKET SNAPSHOT 59
FIGURE 24 MIDDLE EAST & AFRICA: OIL & GAS PROCESSING SEALS MARKET SNAPSHOT 63
FIGURE 25 APAC: OIL & GAS PROCESSING SEALS MARKET SNAPSHOT 68
FIGURE 26 KEY DEVELOPMENTS IN THE OIL & GAS PROCESSING SEALS MARKET (2015-2018) 82
FIGURE 27 RANKING OF OIL & GAS PROCESSING SEALS MANUFACTURERS IN 2017 83
FIGURE 28 FREUDENBERG GROUP: COMPANY SNAPSHOT 85
FIGURE 29 FREUDENBERG GROUP: SWOT ANALYSIS 87
FIGURE 30 JOHN CRANE: SWOT ANALYSIS 89
FIGURE 31 FLOWSERVE CORPORATION: COMPANY SNAPSHOT 90
FIGURE 32 FLOWSERVE CORPORATION: SWOT ANALYSIS 91
FIGURE 33 PARKER HANNIFIN CORP: COMPANY SNAPSHOT 92
FIGURE 34 PARKER HANNIFIN CORP: SWOT ANALYSIS 93
FIGURE 35 SAINT-GOBAIN: COMPANY SNAPSHOT 95
FIGURE 36 SAINT-GOBAIN: SWOT ANALYSIS 96
FIGURE 37 TRELLEBORG AB: COMPANY SNAPSHOT 98
FIGURE 38 TRELLEBORG AB: SWOT ANALYSIS 100
FIGURE 39 DUPONT: COMPANY SNAPSHOT 101
FIGURE 40 DUPONT: SWOT ANALYSIS 102