Exporting seals to Europe
The new seals of tomorrow will have unique thermal management features and durable overall seal product life, in addition to offering the ability to eliminate seal leakage in hazardous environments. The European imports of seals are increasing since 2010, totalling €4.6 billion in 2014, with a stable but relatively small Developing Country share of about 8%. For the coming years, the Developing Country share is forecast to be stable or show a modest growth. As Europe’s leading importers of seals from Developing Countries, Germany and the United Kingdom are especially interesting target markets. At the same time, these two countries have a relatively large production output, offering the opportunity of subcontracting.