The global Compression Packing market size was valued at US$ 734.5 million in 2024 and is projected to reach US$ 987.4 million by 2030, at a CAGR of 5.1% during the forecast period 2024-2030.
The United States Compression Packing market size was valued at US$ 192.4 million in 2024 and is projected to reach US$ 252.3 million by 2030, at a CAGR of 4.6% during the forecast period 2024-2030.
Sealing material used in industrial equipment to prevent leakage around rotating shafts and valves, featuring various materials for different operating conditions.
Report Overview
Compression packing products can generate the greatest return on initial investment in terms of leakage control, service life, dependability, and cost-effectiveness.
This report provides a deep insight into the global Compression Packing market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Compression Packing Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Compression Packing market in any manner.
Global Compression Packing Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Garlock
SEPCO
Delmar Company
FTL Technology
Utex Industries
Flexitallic
Market Segmentation (by Type)
Carbon Packing
Graphite Packing
PTFE Packing
Other
Market Segmentation (by Application)
Pump
Valve
Other
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Compression Packing Market
Overview of the regional outlook of the Compression Packing Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value (USD Billion) data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter
TABLE OF CONTENTS
Table of Contents
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Compression Packing
1.2 Key Market Segments
1.2.1 Compression Packing Segment by Type
1.2.2 Compression Packing Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Compression Packing Market Overview
2.1 Global Market Overview
2.1.1 Global Compression Packing Market Size (M USD) Estimates and Forecasts (2019-2030)
2.1.2 Global Compression Packing Sales Estimates and Forecasts (2019-2030)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Compression Packing Market Competitive Landscape
3.1 Global Compression Packing Sales by Manufacturers (2019-2024)
3.2 Global Compression Packing Revenue Market Share by Manufacturers (2019-2024)
3.3 Compression Packing Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Compression Packing Average Price by Manufacturers (2019-2024)
3.5 Manufacturers Compression Packing Sales Sites, Area Served, Product Type
3.6 Compression Packing Market Competitive Situation and Trends
3.6.1 Compression Packing Market Concentration Rate
3.6.2 Global 5 and 10 Largest Compression Packing Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Compression Packing Industry Chain Analysis
4.1 Compression Packing Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Compression Packing Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Compression Packing Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Compression Packing Sales Market Share by Type (2019-2024)
6.3 Global Compression Packing Market Size Market Share by Type (2019-2024)
6.4 Global Compression Packing Price by Type (2019-2024)
7 Compression Packing Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Compression Packing Market Sales by Application (2019-2024)
7.3 Global Compression Packing Market Size (M USD) by Application (2019-2024)
7.4 Global Compression Packing Sales Growth Rate by Application (2019-2024)
8 Compression Packing Market Segmentation by Region
8.1 Global Compression Packing Sales by Region
8.1.1 Global Compression Packing Sales by Region
8.1.2 Global Compression Packing Sales Market Share by Region
8.2 North America
8.2.1 North America Compression Packing Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Compression Packing Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Compression Packing Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Compression Packing Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Compression Packing Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Garlock
9.1.1 Garlock Compression Packing Basic Information
9.1.2 Garlock Compression Packing Product Overview
9.1.3 Garlock Compression Packing Product Market Performance
9.1.4 Garlock Business Overview
9.1.5 Garlock Compression Packing SWOT Analysis
9.1.6 Garlock Recent Developments
9.2 SEPCO
9.2.1 SEPCO Compression Packing Basic Information
9.2.2 SEPCO Compression Packing Product Overview
9.2.3 SEPCO Compression Packing Product Market Performance
9.2.4 SEPCO Business Overview
9.2.5 SEPCO Compression Packing SWOT Analysis
9.2.6 SEPCO Recent Developments
9.3 Delmar Company
9.3.1 Delmar Company Compression Packing Basic Information
9.3.2 Delmar Company Compression Packing Product Overview
9.3.3 Delmar Company Compression Packing Product Market Performance
9.3.4 Delmar Company Compression Packing SWOT Analysis
9.3.5 Delmar Company Business Overview
9.3.6 Delmar Company Recent Developments
9.4 FTL Technology
9.4.1 FTL Technology Compression Packing Basic Information
9.4.2 FTL Technology Compression Packing Product Overview
9.4.3 FTL Technology Compression Packing Product Market Performance
9.4.4 FTL Technology Business Overview
9.4.5 FTL Technology Recent Developments
9.5 Utex Industries
9.5.1 Utex Industries Compression Packing Basic Information
9.5.2 Utex Industries Compression Packing Product Overview
9.5.3 Utex Industries Compression Packing Product Market Performance
9.5.4 Utex Industries Business Overview
9.5.5 Utex Industries Recent Developments
9.6 Flexitallic
9.6.1 Flexitallic Compression Packing Basic Information
9.6.2 Flexitallic Compression Packing Product Overview
9.6.3 Flexitallic Compression Packing Product Market Performance
9.6.4 Flexitallic Business Overview
9.6.5 Flexitallic Recent Developments
10 Compression Packing Market Forecast by Region
10.1 Global Compression Packing Market Size Forecast
10.2 Global Compression Packing Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Compression Packing Market Size Forecast by Country
10.2.3 Asia Pacific Compression Packing Market Size Forecast by Region
10.2.4 South America Compression Packing Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Compression Packing by Country
11 Forecast Market by Type and by Application (2025-2030)
11.1 Global Compression Packing Market Forecast by Type (2025-2030)
11.1.1 Global Forecasted Sales of Compression Packing by Type (2025-2030)
11.1.2 Global Compression Packing Market Size Forecast by Type (2025-2030)
11.1.3 Global Forecasted Price of Compression Packing by Type (2025-2030)
11.2 Global Compression Packing Market Forecast by Application (2025-2030)
11.2.1 Global Compression Packing Sales (K Units) Forecast by Application
11.2.2 Global Compression Packing Market Size (M USD) Forecast by Application (2025-2030)
12 Conclusion and Key Findings
LIST OF TABLES & FIGURES
List of Tables
Table 1. Introduction of the Type
Table 2. Introduction of the Application
Table 3. Market Size (M USD) Segment Executive Summary
Table 4. Compression Packing Market Size Comparison by Region (M USD)
Table 5. Global Compression Packing Sales (K Units) by Manufacturers (2019-2024)
Table 6. Global Compression Packing Sales Market Share by Manufacturers (2019-2024)
Table 7. Global Compression Packing Revenue (M USD) by Manufacturers (2019-2024)
Table 8. Global Compression Packing Revenue Share by Manufacturers (2019-2024)
Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Compression Packing as of 2022)
Table 10. Global Market Compression Packing Average Price (USD/Unit) of Key Manufacturers (2019-2024)
Table 11. Manufacturers Compression Packing Sales Sites and Area Served
Table 12. Manufacturers Compression Packing Product Type
Table 13. Global Compression Packing Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 14. Mergers & Acquisitions, Expansion Plans
Table 15. Industry Chain Map of Compression Packing
Table 16. Market Overview of Key Raw Materials
Table 17. Midstream Market Analysis
Table 18. Downstream Customer Analysis
Table 19. Key Development Trends
Table 20. Driving Factors
Table 21. Compression Packing Market Challenges
Table 22. Global Compression Packing Sales by Type (K Units)
Table 23. Global Compression Packing Market Size by Type (M USD)
Table 24. Global Compression Packing Sales (K Units) by Type (2019-2024)
Table 25. Global Compression Packing Sales Market Share by Type (2019-2024)
Table 26. Global Compression Packing Market Size (M USD) by Type (2019-2024)
Table 27. Global Compression Packing Market Size Share by Type (2019-2024)
Table 28. Global Compression Packing Price (USD/Unit) by Type (2019-2024)
Table 29. Global Compression Packing Sales (K Units) by Application
Table 30. Global Compression Packing Market Size by Application
Table 31. Global Compression Packing Sales by Application (2019-2024) & (K Units)
Table 32. Global Compression Packing Sales Market Share by Application (2019-2024)
Table 33. Global Compression Packing Sales by Application (2019-2024) & (M USD)
Table 34. Global Compression Packing Market Share by Application (2019-2024)
Table 35. Global Compression Packing Sales Growth Rate by Application (2019-2024)
Table 36. Global Compression Packing Sales by Region (2019-2024) & (K Units)
Table 37. Global Compression Packing Sales Market Share by Region (2019-2024)
Table 38. North America Compression Packing Sales by Country (2019-2024) & (K Units)
Table 39. Europe Compression Packing Sales by Country (2019-2024) & (K Units)
Table 40. Asia Pacific Compression Packing Sales by Region (2019-2024) & (K Units)
Table 41. South America Compression Packing Sales by Country (2019-2024) & (K Units)
Table 42. Middle East and Africa Compression Packing Sales by Region (2019-2024) & (K Units)
Table 43. Garlock Compression Packing Basic Information
Table 44. Garlock Compression Packing Product Overview
Table 45. Garlock Compression Packing Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 46. Garlock Business Overview
Table 47. Garlock Compression Packing SWOT Analysis
Table 48. Garlock Recent Developments
Table 49. SEPCO Compression Packing Basic Information
Table 50. SEPCO Compression Packing Product Overview
Table 51. SEPCO Compression Packing Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 52. SEPCO Business Overview
Table 53. SEPCO Compression Packing SWOT Analysis
Table 54. SEPCO Recent Developments
Table 55. Delmar Company Compression Packing Basic Information
Table 56. Delmar Company Compression Packing Product Overview
Table 57. Delmar Company Compression Packing Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 58. Delmar Company Compression Packing SWOT Analysis
Table 59. Delmar Company Business Overview
Table 60. Delmar Company Recent Developments
Table 61. FTL Technology Compression Packing Basic Information
Table 62. FTL Technology Compression Packing Product Overview
Table 63. FTL Technology Compression Packing Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 64. FTL Technology Business Overview
Table 65. FTL Technology Recent Developments
Table 66. Utex Industries Compression Packing Basic Information
Table 67. Utex Industries Compression Packing Product Overview
Table 68. Utex Industries Compression Packing Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 69. Utex Industries Business Overview
Table 70. Utex Industries Recent Developments
Table 71. Flexitallic Compression Packing Basic Information
Table 72. Flexitallic Compression Packing Product Overview
Table 73. Flexitallic Compression Packing Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 74. Flexitallic Business Overview
Table 75. Flexitallic Recent Developments
Table 76. Global Compression Packing Sales Forecast by Region (2025-2030) & (K Units)
Table 77. Global Compression Packing Market Size Forecast by Region (2025-2030) & (M USD)
Table 78. North America Compression Packing Sales Forecast by Country (2025-2030) & (K Units)
Table 79. North America Compression Packing Market Size Forecast by Country (2025-2030) & (M USD)
Table 80. Europe Compression Packing Sales Forecast by Country (2025-2030) & (K Units)
Table 81. Europe Compression Packing Market Size Forecast by Country (2025-2030) & (M USD)
Table 82. Asia Pacific Compression Packing Sales Forecast by Region (2025-2030) & (K Units)
Table 83. Asia Pacific Compression Packing Market Size Forecast by Region (2025-2030) & (M USD)
Table 84. South America Compression Packing Sales Forecast by Country (2025-2030) & (K Units)
Table 85. South America Compression Packing Market Size Forecast by Country (2025-2030) & (M USD)
Table 86. Middle East and Africa Compression Packing Consumption Forecast by Country (2025-2030) & (Units)
Table 87. Middle East and Africa Compression Packing Market Size Forecast by Country (2025-2030) & (M USD)
Table 88. Global Compression Packing Sales Forecast by Type (2025-2030) & (K Units)
Table 89. Global Compression Packing Market Size Forecast by Type (2025-2030) & (M USD)
Table 90. Global Compression Packing Price Forecast by Type (2025-2030) & (USD/Unit)
Table 91. Global Compression Packing Sales (K Units) Forecast by Application (2025-2030)
Table 92. Global Compression Packing Market Size Forecast by Application (2025-2030) & (M USD)
List of Figures
Figure 1. Product Picture of Compression Packing
Figure 2. Data Triangulation
Figure 3. Key Caveats
Figure 4. Global Compression Packing Market Size (M USD), 2019-2030
Figure 5. Global Compression Packing Market Size (M USD) (2019-2030)
Figure 6. Global Compression Packing Sales (K Units) & (2019-2030)
Figure 7. Evaluation Matrix of Segment Market Development Potential (Type)
Figure 8. Evaluation Matrix of Segment Market Development Potential (Application)
Figure 9. Evaluation Matrix of Regional Market Development Potential
Figure 10. Compression Packing Market Size by Country (M USD)
Figure 11. Compression Packing Sales Share by Manufacturers in 2023
Figure 12. Global Compression Packing Revenue Share by Manufacturers in 2023
Figure 13. Compression Packing Market Share by Company Type (Tier 1, Tier 2 and Tier 3): 2023
Figure 14. Global Market Compression Packing Average Price (USD/Unit) of Key Manufacturers in 2023
Figure 15. The Global 5 and 10 Largest Players: Market Share by Compression Packing Revenue in 2023
Figure 16. Evaluation Matrix of Segment Market Development Potential (Type)
Figure 17. Global Compression Packing Market Share by Type
Figure 18. Sales Market Share of Compression Packing by Type (2019-2024)
Figure 19. Sales Market Share of Compression Packing by Type in 2023
Figure 20. Market Size Share of Compression Packing by Type (2019-2024)
Figure 21. Market Size Market Share of Compression Packing by Type in 2023
Figure 22. Evaluation Matrix of Segment Market Development Potential (Application)
Figure 23. Global Compression Packing Market Share by Application
Figure 24. Global Compression Packing Sales Market Share by Application (2019-2024)
Figure 25. Global Compression Packing Sales Market Share by Application in 2023
Figure 26. Global Compression Packing Market Share by Application (2019-2024)
Figure 27. Global Compression Packing Market Share by Application in 2023
Figure 28. Global Compression Packing Sales Growth Rate by Application (2019-2024)
Figure 29. Global Compression Packing Sales Market Share by Region (2019-2024)
Figure 30. North America Compression Packing Sales and Growth Rate (2019-2024) & (K Units)
Figure 31. North America Compression Packing Sales Market Share by Country in 2023
Figure 32. U.S. Compression Packing Sales and Growth Rate (2019-2024) & (K Units)
Figure 33. Canada Compression Packing Sales (K Units) and Growth Rate (2019-2024)
Figure 34. Mexico Compression Packing Sales (Units) and Growth Rate (2019-2024)
Figure 35. Europe Compression Packing Sales and Growth Rate (2019-2024) & (K Units)
Figure 36. Europe Compression Packing Sales Market Share by Country in 2023
Figure 37. Germany Compression Packing Sales and Growth Rate (2019-2024) & (K Units)
Figure 38. France Compression Packing Sales and Growth Rate (2019-2024) & (K Units)
Figure 39. U.K. Compression Packing Sales and Growth Rate (2019-2024) & (K Units)
Figure 40. Italy Compression Packing Sales and Growth Rate (2019-2024) & (K Units)
Figure 41. Russia Compression Packing Sales and Growth Rate (2019-2024) & (K Units)
Figure 42. Asia Pacific Compression Packing Sales and Growth Rate (K Units)
Figure 43. Asia Pacific Compression Packing Sales Market Share by Region in 2023
Figure 44. China Compression Packing Sales and Growth Rate (2019-2024) & (K Units)
Figure 45. Japan Compression Packing Sales and Growth Rate (2019-2024) & (K Units)
Figure 46. South Korea Compression Packing Sales and Growth Rate (2019-2024) & (K Units)
Figure 47. India Compression Packing Sales and Growth Rate (2019-2024) & (K Units)
Figure 48. Southeast Asia Compression Packing Sales and Growth Rate (2019-2024) & (K Units)
Figure 49. South America Compression Packing Sales and Growth Rate (K Units)
Figure 50. South America Compression Packing Sales Market Share by Country in 2023
Figure 51. Brazil Compression Packing Sales and Growth Rate (2019-2024) & (K Units)
Figure 52. Argentina Compression Packing Sales and Growth Rate (2019-2024) & (K Units)
Figure 53. Columbia Compression Packing Sales and Growth Rate (2019-2024) & (K Units)
Figure 54. Middle East and Africa Compression Packing Sales and Growth Rate (K Units)
Figure 55. Middle East and Africa Compression Packing Sales Market Share by Region in 2023
Figure 56. Saudi Arabia Compression Packing Sales and Growth Rate (2019-2024) & (K Units)
Figure 57. UAE Compression Packing Sales and Growth Rate (2019-2024) & (K Units)
Figure 58. Egypt Compression Packing Sales and Growth Rate (2019-2024) & (K Units)
Figure 59. Nigeria Compression Packing Sales and Growth Rate (2019-2024) & (K Units)
Figure 60. South Africa Compression Packing Sales and Growth Rate (2019-2024) & (K Units)
Figure 61. Global Compression Packing Sales Forecast by Volume (2019-2030) & (K Units)
Figure 62. Global Compression Packing Market Size Forecast by Value (2019-2030) & (M USD)
Figure 63. Global Compression Packing Sales Market Share Forecast by Type (2025-2030)
Figure 64. Global Compression Packing Market Share Forecast by Type (2025-2030)
Figure 65. Global Compression Packing Sales Forecast by Application (2025-2030)
Figure 66. Global Compression Packing Market Share Forecast by Application (2025-2030)
