Report Description Table of Contents Introduction And Strategic Context The Global Nuclear Seals Market is projected to expand at a CAGR of 5.6% , rising from an estimated value of USD 472.5 million in 2024 to USD 693.4 million by 2030 , according to Strategic Market Research. This market sits at the intersection of energy infrastructure resilience and national security. Nuclear seals are critical safety components used across nuclear reactors, fuel processing plants, and radioactive waste containment systems. Their primary role? Ensuring leak-tight barriers in extreme thermal, chemical, and radiation-intensive environments — from pressurized reactor cores to spent fuel storage vaults. Between 2024 and 2030 , several strategic factors are converging. One is the global shift back toward nuclear energy. As governments aim to reduce carbon emissions while ensuring base-load power stability, nuclear is regaining favor — particularly in Europe, Asia, and parts of the Middle East. The International Energy Agency (IEA) projects a near-doubling of nuclear power capacity in Asia by 2050. This growth, while gradual, directly translates into increased demand for specialized components like containment seals, valve stem seals, and reactor pressure boundary gaskets. Another macro driver: the aging reactor fleet in the U.S., France, and Japan. These older plants are undergoing life-extension programs, retrofits, and compliance overhauls. Nuclear seals, often required for critical safety upgrades, are a non-negotiable part of that modernization roadmap. It’s not just about new plants or aging infrastructure — fuel reprocessing and SMRs (small modular reactors) are reshaping the seal market’s strategic scope. SMRs, in particular, require more compact, thermally robust sealing systems. Many seal OEMs are investing heavily in R&D to address that shift — especially as licensing bodies demand long-lifetime materials capable of withstanding decades of radiation and thermal cycling without structural failure. This isn’t a wide-open market — it’s an engineered niche. Procurement cycles are long. Certification standards are tough. The buyer base is small but powerful: national utilities, nuclear operators, defense agencies, and global EPCs (Engineering, Procurement, and Construction firms). At the same time, geopolitical tensions and energy independence agendas are forcing countries to re-shore nuclear supply chains — which includes sealing systems, insulation kits, elastomers, and metallic gaskets. In short, this market isn’t just about keeping reactors sealed — it’s about ensuring trust in nuclear safety, enabling next-gen energy designs, and complying with multi-decade regulatory frameworks. The strategic importance of nuclear seals will only sharpen as more countries bet their decarbonization futures on the atom. Market Segmentation And Forecast Scope The Global Nuclear Seals Market is shaped by multiple forces — but its segmentation structure is surprisingly clear-cut. Every category reflects the operational demands of nuclear environments: thermal endurance, radiation stability, regulatory compliance, and lifecycle durability. The way these products are classified aligns tightly with both procurement logic and safety design principles across the nuclear value chain. By Seal Type The most fundamental segmentation is by seal type. This includes: Elastomeric Seals Metal Seals O-rings and Gaskets Mechanical Face Seals Inflatable Seals Among these, metal seals hold the largest revenue share in 2024 , driven by their unmatched performance in pressurized reactor environments and long-term storage systems. They're used extensively in containment vessels and critical valve assemblies. That said, mechanical face seals are gaining traction — particularly in SMRs and research reactors — due to compactness and adaptability. Some OEMs are also experimenting with hybrid composite seals that combine metal cores with radiation-tolerant elastomers for improved field performance. By Reactor Application Seals are tailored for specific nuclear subsystems. The key application categories include: Reactor Pressure Vessels Primary Coolant Loops Spent Fuel Handling Waste Storage Containers Valve and Pump Assemblies Reactor pressure vessel applications command the highest specification requirements — and a correspondingly larger market share. These seals must endure extreme pressure, radiation exposure, and fail-safe demands. Spent fuel handling is the fastest-growing application, fueled by rising investments in interim and dry cask storage systems. By End User Nuclear seals are purchased by highly specialized buyers, typically segmented as: Public Nuclear Utilities Private Plant Operators Nuclear Fuel Reprocessing Facilities Research Reactors and Institutes Government/ Defense -Sponsored Projects Public nuclear utilities remain the dominant end users in 2024 , especially in countries with centralized nuclear control like France, China, and Russia. However, research institutes and SMR developers are starting to drive more niche demand — particularly for custom-fabricated seals used in prototype reactors and fusion test beds. This shift is prompting suppliers to build more agile, small-batch production capabilities alongside large-scale manufacturing. By Region The geographic segmentation mirrors the global reactor buildout and refurbishment pipeline: North America Europe Asia Pacific Latin America Middle East & Africa Asia Pacific is the fastest-growing region, thanks to reactor additions in China, South Korea, and India. Meanwhile, North America continues to lead in aftermarket demand, driven by seal replacement cycles and long-term life extension of older plants. Scope note: This segmentation isn’t just academic — it drives real-world supply chain decisions. Seal vendors now align their product certifications, materials sourcing, and R&D pipelines based on the application type and reactor environment they serve. Market Trends And Innovation Landscape Innovation in the Global Nuclear Seals Market isn't just about marginal gains — it’s about engineering for longevity, compliance, and zero-failure tolerance in extreme environments. Over the last few years, several clear trends have emerged, redefining how vendors develop, qualify, and deliver sealing solutions for nuclear systems. These trends cut across materials science, digital design, and reactor evolution. Advanced Materials Are Becoming the Norm, Not the Niche Traditional rubber and graphite-based seals are steadily being replaced by radiation-hardened composites, nickel alloys, and ceramic-metal hybrids . These materials offer better dimensional stability under neutron bombardment and thermal cycling — two forces that slowly degrade seal integrity over time. One engineering lead at a European SMR project noted that “seal materials now need to survive 60-year design lifespans with minimal maintenance — and that changes everything from design spec to testing protocols.” High-temperature graphite seals are also being re-engineered to address oxidation issues in accident scenarios. In parallel, perfluoroelastomer (FFKM) compounds are finding greater use in backup safety valves and sampling systems, especially in reactors handling high-assay low-enriched uranium (HALEU). Small Modular Reactors (SMRs) Are Changing Design Requirements SMRs are pushing the industry toward compact, modular, and pre-certified components — and seals are no exception. Their smaller core volumes and integrated system designs leave less margin for error in sealing performance. Suppliers are now tailoring seals for: High-integrity compact valve assemblies Thermal and radiation performance in confined geometries Easier remote or robotic installation Several vendors are even offering SMR-specific seal kits with pre-approved regulatory documentation — a time-saver for pilot reactor teams. Digital Simulation Is Replacing Legacy Testing In the past, new seal designs required extensive live testing under high-radiation labs — a costly and time-consuming process. Today, high-fidelity simulation tools (such as multiphysics FEA with neutron flux modeling ) are increasingly used to pre-qualify sealing systems. This shift enables faster prototyping cycles, especially for seals that need to meet ASME Section III, RCC-M, or KTA standards without years of iterative testing. Some seal OEMs have even developed proprietary digital twins of seal performance — tracking micro-leakage prediction, deformation thresholds, and creep behavior under thermal ramp-up scenarios. End-of-Life Monitoring Is Becoming Digitized As reactor operators seek to extend plant life beyond 40–60 years, there’s a growing push toward condition-based seal monitoring . Wireless or fiber -optic embedded sensors are being explored to track seal stress, thermal exposure, and even microcracking in high-risk zones. These developments are still early-stage, but they align with broader nuclear digitalization trends — particularly in Gen III+ and Gen IV reactors where predictive maintenance is part of the design philosophy. Industry Partnerships Are Driving Faster Commercialization We’re also seeing more public-private R&D collaborations, especially in Europe and Asia. For example: Government labs partnering with seal manufacturers to co-develop radiation-resistant elastomers SMR startups working with material science firms to validate next-gen metallic seals National nuclear regulators engaging early to align qualification frameworks for novel materials Bottom line: Innovation isn’t about just better products — it’s about collapsing the development-to-approval timeline while maintaining rigorous safety standards. This market doesn’t tolerate failure. Which is why the future of sealing innovation lies at the intersection of high-grade materials, intelligent modeling , and tight integration with emerging nuclear platforms. Competitive Intelligence And Benchmarking The Global Nuclear Seals Market isn’t overcrowded — it’s guarded. The customer base is narrow, qualification cycles are long, and the entry barriers are steep. That said, a few global and niche players have carved out defensible positions through deep technical expertise, regulatory certifications, and long-term contracts with utilities and EPC firms. Here’s how the landscape breaks down. John Crane (Smiths Group) One of the most dominant names in nuclear sealing, John Crane supplies mechanical seals and engineered components across nuclear power plants worldwide. They’re a preferred vendor for many Western utilities due to their long operational history, extensive QA/QC processes, and regulatory familiarity. The company’s Seal Support Systems are often deployed in primary reactor loops, where reliability is non-negotiable. Their edge? A deep bench of field service engineers and digital seal condition monitoring tools, which are increasingly bundled with long-term O&M contracts. EagleBurgmann (Freudenberg Group) EagleBurgmann brings strong engineering credibility, particularly in metallic sealing solutions and custom elastomers for radioactive fluid control systems. They’ve built a solid presence in Europe and Asia, where utility operators value their modular product lines and adaptability to older plant retrofits. They’re also investing in HALEU- and SMR-compatible sealing kits , which are expected to drive their next wave of growth. Their competitive strategy leans on localized manufacturing hubs and material science partnerships with nuclear R&D labs. Technetics Group ( EnPro Industries) Technetics is a niche powerhouse when it comes to high-temperature, high-pressure sealing systems — particularly metal C-rings, E-rings, and formed gaskets used in reactor pressure boundary applications. Their expertise in vacuum-grade seals also makes them a go-to partner for fusion projects and research reactors. Several European SMR developers have already trialed Technetics ' multi-layer metal seals for confined volume applications under long-duration neutron exposure. Trelleborg Sealing Solutions Trelleborg has traditionally focused on elastomeric and polymer-based seals, but their nuclear portfolio has grown — especially in control rod drive mechanisms, secondary coolant loops, and auxiliary safety systems. Their materials innovation pipeline includes perfluoroelastomer compounds engineered to survive decades of low-dose neutron exposure without embrittlement. They’re winning contracts in Asia and North America, where utilities are seeking next-gen materials without overhauling legacy system designs. James Walker Group This UK-based engineering firm plays a vital role in the nuclear aftermarket — particularly with gland packings, flange gaskets, and valve stem seals. James Walker is often chosen by plants undergoing life-extension or safety retrofit work due to their ability to custom-fabricate components on short notice. Their differentiation lies in agility — not size — and their deep familiarity with international standards like EDF RCC-M and ASME. Garlock ( Enpro ) Garlock has a notable presence in high-purity and radioactive chemical sealing systems — especially in fuel handling and waste storage segments. Their Gylon ® PTFE gaskets are widely used in secondary containment systems. The company focuses more on U.S. and Canadian markets but is now bidding on new projects in the Middle East and Asia. Their strength lies in materials performance certification and long-standing utility relationships. Competitive Insight: This market is less about volume and more about credibility. Suppliers don’t just win on specs — they win on trust, traceability, and demonstrated safety under stress. Strategic advantages come from: Regulatory prequalification across multiple jurisdictions Vertical integration from materials R&D to field support Alignment with SMR developers and national reactor programs To be clear, this isn’t a race to the bottom. It’s a race to zero failures — and that makes experience the biggest asset of all. Regional Landscape And Adoption Outlook Regional dynamics in the Global Nuclear Seals Market are tightly linked to each country’s stance on nuclear energy. Whether a region is focused on new plant construction, plant life extension, or waste management, these drivers dictate seal demand — and in some cases, force manufacturers to customize not only their products but also their certifications and delivery models. North America The U.S. and Canada maintain some of the world’s oldest and most tightly regulated nuclear fleets. While new builds are rare, life-extension programs and regulatory overhauls are driving consistent demand for sealing system upgrades — especially in reactor pressure vessels and waste containment units . Several utilities in the U.S. are working with vendors to qualify advanced elastomer seals that offer radiation resistance over multi-decade operating periods. These seals often replace older graphite-based systems that degrade under neutron exposure. What’s unique here is the emphasis on ASME and NRC-compliant seals — often requiring multi-year approval and traceability for each component. Europe Europe remains a mixed landscape. Countries like France and Finland continue to invest in nuclear as part of their clean energy mix. Others, like Germany and Belgium, are in decommissioning phases — which creates niche demand for sealing systems in reactor dismantling and radioactive waste processing . France , home to the EDF-led nuclear fleet, accounts for the highest seal procurement volume in the EU — particularly for pressure boundary gaskets and mechanical seals used in steam generator circuits. Eastern Europe is emerging as a growth zone, with Poland, Czech Republic, and Hungary planning new reactors and upgrades that will need fully certified sealing partners. There’s also growing pressure from EU regulators to prove the environmental and radiological safety of all sealing materials — a challenge for suppliers using legacy compounds. Asia Pacific No region is seeing more forward momentum than Asia Pacific . China leads in both absolute reactor count and new build approvals. India and South Korea are also ramping up construction — not just of traditional PWRs but also of prototype SMRs and fast breeder reactors . What’s notable in Asia is the increasing localization of supply chains. China has rolled out domestic standards for nuclear-grade components, meaning international seal vendors must partner with local firms or establish on-ground presence to stay competitive. India’s NPCIL is similarly focused on self-reliant procurement pathways, especially for elastomeric and metallic seals in PHWRs (Pressurized Heavy Water Reactors). One local developer noted, “We can’t afford to wait 18 months for imported gaskets when a domestic partner can deliver in six — even if the testing takes longer.” Middle East and Africa This region is still in the early stages of nuclear adoption — but activity is picking up. The UAE’s Barakah Nuclear Power Plant has become a regional benchmark, and Saudi Arabia is actively pursuing a commercial nuclear program with several vendors. Here, demand centers around nuclear-grade mechanical seals, thermal isolation kits, and dry storage sealing solutions . Procurement often requires seals that are not just high-performance, but also adaptable to desert climate conditions and long-haul logistics. Africa is earlier in the curve. South Africa’s Koeberg plant is undergoing major upgrades, creating limited but specialized seal demand — especially for aging reactor components and fuel pool isolation systems. Latin America Brazil and Argentina are the key players. Both countries operate a handful of reactors, and both are planning moderate expansion over the next decade. Seal demand here is concentrated in aftermarket replacement, fuel handling systems, and containment upgrades . Supply chains, however, remain heavily import-dependent. Several projects have faced delays due to part shortages or lack of localized qualification labs — a bottleneck that seal vendors with in-region partners are now trying to solve. Regional Outlook Summary: Asia Pacific leads in volume and future build-outs North America leads in complexity, compliance, and life-extension retrofits Europe is split between modernization and decommissioning Middle East is emerging with high-spec needs and long-term potential Latin America is slow-growing but vulnerable to supply chain gaps The takeaway? Success in this market isn’t about offering the best seal globally — it’s about offering the right seal locally, with the paperwork to prove it. End-User Dynamics And Use Case In the Global Nuclear Seals Market , end users aren’t just buyers — they’re gatekeepers. Each customer operates under strict safety regimes, engineering constraints, and procurement frameworks. The stakes are high, the budgets are rigid, and the consequences of failure are severe. Understanding how different end-user groups approach seal adoption is key to unlocking growth in this tightly regulated segment. Public Nuclear Utilities These state-backed operators run the bulk of the world’s nuclear fleet — from France’s EDF to China National Nuclear Corporation (CNNC) and India’s NPCIL. They dominate seal demand across both new builds and maintenance cycles. What matters most to them? Long-term durability over price Seals that are pre-qualified to national or international nuclear codes Lifecycle support, including field installation and re-certification assistance These users typically sign multi-year framework agreements with seal vendors, bundling procurement with technical support. Most insist on product traceability, redundancy assurance, and in some cases, performance modeling under accident scenarios. Private Nuclear Operators Found mostly in the U.S., UK, and parts of Eastern Europe, these companies — like Exelon or Bruce Power — operate commercial plants under license. Their focus leans more toward cost-efficiency and uptime , especially during planned outages. Private operators often look for: Aftermarket seal replacements with minimal installation complexity Modular sealing kits compatible with legacy systems Vendors who can provide expedited failure analysis or seal re-engineering in emergency scenarios Unlike public utilities, they’re more open to innovation — especially digital condition monitoring tools and predictive maintenance systems integrated with seal assemblies. Nuclear Fuel Cycle Facilities These include enrichment plants, fuel fabrication centers , and reprocessing facilities , all of which handle radioactive materials in non-reactor environments. Seals here serve very different functions: isolating gas cascades, controlling radioactive material transfer, and securing waste during interim storage. These end users prioritize: Chemical resistance (e.g., to fluorine, nitric acid) Sealing under negative pressure or vacuum environments Ease of validation and traceable batch manufacturing In reprocessing, for instance, seals must perform in gloveboxes, hot cells, and remote handling setups — which demands unusual geometries and custom elastomer formulations. Research Reactors and SMR Developers This is where a lot of early-stage innovation is happening. National labs, university reactors, and private SMR startups are increasingly seeking: Custom seal configurations for unique core designs Radiation-resistant materials with documented performance under neutron flux Collaborative R&D partnerships with seal vendors These groups don’t just buy — they co-develop. And while their purchasing volumes are lower, their influence on regulatory and materials standards is significant. Use Case Highlight A national research reactor undergoing conversion to low-enriched uranium fuel was experiencing seal degradation in its coolant loop valve system . The existing elastomer seals were hardening prematurely under neutron exposure and fluctuating pH levels. The engineering team collaborated with a sealing OEM to trial a new composite-metallic seal with radiation-stable elastomer layers . The design was validated using accelerated aging simulations and approved under national reactor safety guidelines. Post-installation, the facility reported a 3x increase in seal service life, reduced maintenance disruptions, and — crucially — no unplanned leakage events during high-flux testing campaigns. This example underscores the importance of co-engineering in nuclear — where the right seal can improve not just performance, but program continuity. In the nuclear world, seals are more than passive components — they’re active contributors to safety and operational confidence. That’s why success in this space requires more than technical specs. It demands partnership, responsiveness, and a full grasp of each end user’s regulatory and risk profile. Recent Developments + Opportunities & Restraints The past two years have seen a quiet but meaningful wave of activity in the Global Nuclear Seals Market . While not always publicized like larger energy sector news, developments in nuclear sealing reflect deeper shifts — from material science breakthroughs to geopolitical-driven supply chain realignments. Recent Developments (Last 2 Years) A U.S.-based seal manufacturer launched a radiation-resistant perfluoroelastomer compound specifically engineered for long-cycle pressurized water reactor (PWR) valves. A European SMR consortium selected a metallic multi-lip sealing system designed to withstand 300°C continuous temperatures and over 60 years of projected use. One leading OEM introduced a digital twin module for nuclear seal lifecycle monitoring — enabling predictive maintenance through integrated stress and thermal history tracking. A Tier-1 sealing company partnered with a national nuclear lab to develop a ceramic-infused metal seal prototype , aiming for application in fusion test reactors. An Asia-based EPC firm piloted a remote-installation seal kit for valve systems in hard-to-access containment areas, cutting outage time by over 20%. Opportunities Growth of SMRs and Next-Gen Reactors The rise of small modular and Gen IV reactors is creating demand for compact, high-integrity sealing systems that can endure new design constraints and radiation conditions. Localized Production in Strategic Markets Countries like India, China, and Saudi Arabia are prioritizing self-reliance in nuclear component supply chains — opening doors for regional manufacturing partnerships and license agreements. Advanced Materials Commercialization Recent advances in nickel alloys, composite gaskets, and radiation-stable elastomers are finally transitioning from lab R&D into commercial sealing lines, enabling performance leaps across reactor classes. Restraints Extremely Long Qualification Cycles Most new seal materials or designs must undergo multi-year validation under strict nuclear codes, which delays adoption and increases development cost. Limited Pool of Skilled Vendors There are few globally approved vendors with the materials expertise, QA infrastructure, and nuclear code certifications to serve this market — limiting competition and scaling. In truth, this market isn’t slowed by lack of interest — it’s slowed by caution. That’s the nature of nuclear: zero tolerance for error, and no shortcuts to trust. 7.1. Report Coverage Table Report Attribute Details Forecast Period 2024 – 2030 Market Size Value in 2024 USD 472.5 Million Revenue Forecast in 2030 USD 693.4 Million Overall Growth Rate CAGR of 5.6% (2024 – 2030) Base Year for Estimation 2024 Historical Data 2019 – 2023 Unit USD Million, CAGR (2024 – 2030) Segmentation By Seal Type, By Application, By End User, By Region By Seal Type Elastomeric Seals, Metal Seals, O-rings and Gaskets, Mechanical Face Seals, Inflatable Seals By Application Reactor Pressure Vessels, Primary Coolant Loops, Spent Fuel Handling, Waste Storage Containers, Valve and Pump Assemblies By End User Public Nuclear Utilities, Private Plant Operators, Nuclear Fuel Cycle Facilities, Research Reactors and Institutes, Government/Defense Projects By Region North America, Europe, Asia-Pacific, Latin America, Middle East & Africa Country Scope U.S., Canada, France, Germany, China, India, South Korea, Brazil, UAE, South Africa Market Drivers - Rise in SMR deployments and fuel reprocessing initiatives - Life-extension programs for aging nuclear fleets - Growing demand for radiation-resistant and long-lifecycle sealing systems Customization Option Available upon request Frequently Asked Question About This Report Q1: How big is the nuclear seals market? A1: The global nuclear seals market is valued at USD 472.5 million in 2024, and is projected to reach USD 693.4 million by 2030. Q2: What is the CAGR for the nuclear seals market during the forecast period? A2: The market is expected to grow at a CAGR of 5.6% from 2024 to 2030. Q3: Who are the major players in the nuclear seals market? A3: Key players include John Crane, EagleBurgmann, Technetics Group, Trelleborg, James Walker, and Garlock. Q4: Which region leads the nuclear seals market? A4: Asia Pacific leads in growth rate, while North America dominates in aftermarket demand and regulatory-driven retrofits. Q5: What are the main drivers behind the nuclear seals market growth? A5: Major growth factors include SMR expansion, aging reactor fleet upgrades, and rising demand for high-performance, radiation-resistant seal systems. Executive Summary Market Overview Market Attractiveness by Seal Type, Application, End User, and Region Strategic Insights from Key Executives (CXO Perspective) Historical Market Size and Future Projections (2019–2030) Summary of Market Segmentation by Seal Type, Application, End User, and Region Market Share Analysis Leading Players by Revenue and Market Share Market Share Analysis by Seal Type, Application, and End User Investment Opportunities in the Nuclear Seals Market Key Developments and Innovations Mergers, Acquisitions, and Strategic Partnerships High-Growth Segments for Investment Market Introduction Definition and Scope of the Study Market Structure and Key Findings Overview of Top Investment Pockets Research Methodology Research Process Overview Primary and Secondary Research Approaches Market Size Estimation and Forecasting Techniques Market Dynamics Key Market Drivers Challenges and Restraints Impacting Growth Emerging Opportunities for Stakeholders Impact of Regulatory, Environmental, and Supply Chain Factors Technological Advances in Seal Design and Material Science Global Nuclear Seals Market Analysis Historical Market Size and Volume (2019–2023) Market Size and Volume Forecasts (2024–2030) Market Analysis by Seal Type: Elastomeric Seals Metal Seals O-rings and Gaskets Mechanical Face Seals Inflatable Seals Market Analysis by Application: Reactor Pressure Vessels Primary Coolant Loops Spent Fuel Handling Waste Storage Containers Valve and Pump Assemblies Market Analysis by End User: Public Nuclear Utilities Private Plant Operators Nuclear Fuel Cycle Facilities Research Reactors and Institutes Government/ Defense Projects Market Analysis by Region: North America Europe Asia-Pacific Latin America Middle East & Africa Regional Market Analysis North America Nuclear Seals Market Historical Market Size and Volume (2019–2023) Market Size and Volume Forecasts (2024–2030) Market Analysis by Seal Type, Application, and End User Country-Level Breakdown: United States, Canada Europe Nuclear Seals Market Country-Level Breakdown: France, Germany, United Kingdom, Russia, Rest of Europe Asia-Pacific Nuclear Seals Market Country-Level Breakdown: China, India, South Korea, Japan, Rest of Asia-Pacific Latin America Nuclear Seals Market Country-Level Breakdown: Brazil, Argentina, Rest of Latin America Middle East & Africa Nuclear Seals Market Country-Level Breakdown: UAE, Saudi Arabia, South Africa, Rest of MEA Key Players and Competitive Analysis John Crane EagleBurgmann Technetics Group Trelleborg Sealing Solutions James Walker Group Garlock Appendix Abbreviations and Terminologies Used in the Report References and Sources List of Tables Market Size by Seal Type, Application, End User, and Region (2024–2030) Regional Market Breakdown by Segment Type (2024–2030) List of Figures Market Drivers, Restraints, Opportunities, and Challenges Regional Market Snapshot Competitive Landscape by Market Share Growth Strategies Adopted by Key Players Market Share by Seal Type and Application (2024 vs. 2030)