The industrial machinery seals market is expected to grow at a modest CAGR of 3.8% during the forecast period to reach a value of US$ 8.4 Billion in 2027.
The long-term interpretations still seem fruitful with large-scale usage of seals in various equipment, such as hydraulic cylinders, pumps, valves, and machines, among others. The healthy growth of the industrial equipment market is likely to boost the market for seals as well.
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