Global machined seals market is projected to register a 4.5% CAGR in the forecast period of 2021 to 2030. The new market report contains data for the historic year 2021, the base year of calculation is 2022, and the forecast period is 2023 to 2030.
Market Segmentation:
Global Machined Seals Market, By Type (Fluid Power Seals, Power Transmission Seals, and Large Diameter Seals), Product Type (Rod Seals, Piston Seals, Wiper Seals, Static Seals, Rotary Seals, Special Seals, Guide Rings, and Back up Rings), Material (Polytetrafluoroethylene (PTFE), Viton, Polyurethane (PU), Rubber, Metal, Elastomers, Thermoplastics, and Others), Application (Aerospace & Defense, Automotive Industry, Chemical Processing, Machined Tools, Construction, Industrial Turbines, Flow Control, Life Sciences, New Energies, Nuclear Industry, Oil & Gas, Pumps, Semiconductors, Sensors, Valves, Packaging and Materials, and Food & Beverages), Sales Channel (Manufacturers, Distributors, and Aftermarket), Country (U.S., Canada, Mexico Germany, U.K., Italy, France, Spain, Russia, Switzerland, Turkey, Belgium, Netherlands, Denmark, Sweden, Poland, Norway, Finland, Rest of Europe, China, Japan, South Korea, India, Singapore, Thailand, Indonesia, Malaysia, Philippines, Australia, New Zealand, Vietnam, Taiwan, Rest of Asia-Pacific, Brazil, Argentina, and the Rest of South America, South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel, Bahrain, Kuwait, Oman, Qatar, and Rest of Middle East and Africa) Industry Trends and Forecast to 2030.
Some of the major factors contributing to the growth of the global machined seals market:
Increasing demand from the automotive industry for machined seals
The rising investments by key players in research and development activities are likely to result in innovations and new product launches
Market Players:
The key players operating in the global machined seals market are:
Technetics Group
Grizzly Supplies
Hallite Seals
Martin Fluid Power Company, Inc., MFP Seals
AccroSeal
OZ SEALS PTY LTD
France Joint
FPE Seals Ltd
STACEM
M.Barnwell Services Limited
Patriot Fluid Power
Amphora Industries Pty Ltd.
Seal & Gasket Supplies
Ashton Seals Ltd
Picard Technologies
Evolution Seals Ltd.
SKF
Freudenberg FST GmbH
SAINT-GOBAIN
PARKER HANNIFIN CORP
TABLE OF CONTENTS
1 INTRODUCTION 30
- 1.1 OBJECTIVES OF THE STUDY 30
- 1.2 MARKET DEFINITION 30
- 1.3 OVERVIEW OF THE GLOBAL MACHINED SEALS MARKET 30
- 1.4 LIMITATIONS 32
- 1.5 MARKETS COVERED 32
2 MARKET SEGMENTATION 36
- 2.1 MARKETS COVERED 36
- 2.2 GEOGRAPHICAL SCOPE 37
- 2.3 YEARS CONSIDERED FOR THE STUDY 38
- 2.4 CURRENCY AND PRICING 38
- 2.5 DBMR TRIPOD DATA VALIDATION MODEL 39
- 2.6 TYPE LIFELINE CURVE 42
- 2.7 MULTIVARIATE MODELING 43
- 2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 44
- 2.9 DBMR MARKET POSITION GRID 45
- 2.10 MARKET APPLICATION COVERAGE GRID 46
- 2.11 DBMR MARKET CHALLENGE MATRIX 47
- 2.12 DBMR VENDOR SHARE ANALYSIS 48
- 2.13 SECONDARY SOURCES 49
- 2.14 ASSUMPTIONS 50
3 EXECUTIVE SUMMARY 51
4 PREMIUM INSIGHTS 54
- 4.1 PESTLE ANALYSIS 56
- 4.1.1 POLITICAL FACTORS 56
- 4.1.2 ECONOMIC FACTORS 56
- 4.1.3 SOCIAL FACTORS 57
- 4.1.4 TECHNOLOGICAL FACTORS 57
- 4.1.5 LEGAL FACTORS 57
- 4.1.6 ENVIRONMENTAL FACTORS 57
- 4.1.7 CONCLUSION 57
- 4.2 PORTER'S FIVE FORCES: 58
- 4.2.1 THREAT OF NEW ENTRANTS: 58
- 4.2.2 THREAT OF SUBSTITUTES: 58
- 4.2.3 CUSTOMER BARGAINING POWER: 59
- 4.2.4 SUPPLIER BARGAINING POWER: 59
- 4.2.5 INTERNAL COMPETITION (RIVALRY): 59
- 4.3 GROWTH STRATEGIES ADOPTED BY KEY MARKET PLAYERS 60
- 4.4 IMPORT EXPORT SCENARIO 61
- 4.5 INDUSTRY TRENDS AND FUTURE PERSPECTIVE 62
- 4.6 PRODUCTION AND CONSUMPTION ANALYSIS 63
- 4.7 RAW MATERIAL PRODUCTION COVERAGE 63
- 4.8 SUPPLY CHAIN ANALYSIS 66
- 4.8.1 RAW MATERIAL PROCUREMENT 66
- 4.8.2 MANUFACTURING AND PACKING 66
- 4.8.3 MARKETING AND DISTRIBUTION 66
- 4.8.4 END USERS 67
- 4.9 TECHNOLOGICAL ADVANCEMENT BY MANUFACTURERS 68
- 4.10 VENDOR SELECTION CRITERIA 69
- 4.11 REGULATION COVERAGE 70
5 MARKET OVERVIEW 72
- 5.1 DRIVERS 74
- 5.1.1 INCREASE IN THE DEMAND FROM THE AUTOMOTIVE INDUSTRY FOR MACHINED SEALS 74
- 5.1.2 THE INCREASE IN THE DEMAND FOR MACHINED SEALS FROM VARIOUS INDUSTRIES SUCH AS OIL AND GAS, POWER GENERATION, CHEMICALS, AND OTHERS 75
- 5.1.3 THE GROWTH IN THE ADOPTION OF CUSTOMIZED ELASTOMERIC SEALS 76
- 5.2 RESTRAINTS 77
- 5.2.1 THE RISE IN THE ADOPTION OF SEAL-LESS DRIVING SHAFTS 77
- 5.2.2 PRICE VOLATILITY OF RAW MATERIALS 77
- 5.3 OPPORTUNITIES 78
- 5.3.1 THE RISE IN THE INVESTMENTS BY KEY PLAYERS IN RESEARCH AND DEVELOPMENT ACTIVITIES ARE LIKELY TO RESULT IN INNOVATIONS AND NEW PRODUCT LAUNCHES 78
- 5.3.2 THE GROWTH IN THE AWARENESS OF THE BENEFITS OFFERED BY MACHINED SEALS 79
- 5.4 CHALLENGES 80
- 5.4.1 IMPROPER INSTALLATION, START-UP, AND LACK OF MAINTENANCE WEAR DOWN SEALS 80
- 5.4.2 DIFFICULTIES FACED BY MANUFACTURERS IN CUSTOMIZED PRODUCTS 81
6 GLOBAL MACHINED SEALS MARKET, BY TYPE 82
- 6.1 OVERVIEW 83
- 6.2 FLUID POWER SEALS 84
- 6.3 POWER TRANSMISSION SEALS 84
- 6.4 LARGE DIAMETER SEALS 85
7 GLOBAL MACHINED SEALS MARKET, BY PRODUCT TYPE 86
- 7.1 OVERVIEW 87
- 7.2 PISTON SEALS 88
- 7.3 ROTARY SEALS 88
- 7.4 ROD SEALS 89
- 7.5 STATIC SEALS 89
- 7.6 SPECIAL SEALS 89
- 7.7 GUIDE RINGS 90
- 7.8 BACKUP-UP RINGS 90
- 7.9 WIPER SEALS 91
8 GLOBAL MACHINED SEALS MARKET, BY MATERIAL 92
- 8.1 OVERVIEW 93
- 8.2 RUBBER 94
- 8.3 POLYTETRAFLUORIETHYLENE (PTFE) 94
- 8.4 METAL 95
- 8.5 POLYURETHANE (PU) 95
- 8.6 VITON 96
- 8.7 THERMOPLASTICS 96
- 8.8 ELASTOMERS 97
- 8.9 OTHERS 97
9 GLOBAL MACHINED SEALS MARKET, BY SALES CHANNEL 98
- 9.1 OVERVIEW 99
- 9.2 MANUFACTURERS 100
- 9.3 DISTRIBUTORS 100
- 9.4 AFTERMARKET 101
10 GLOBAL MACHINED SEALS MARKET, BY APPLICATION 102
- 10.1 OVERVIEW 103
- 10.2 AUTOMOTIVE INDUSTRY 104
- 10.2.1 TWO-WHEELERS 105
- 10.2.2 LIGHT VEHICLES 105
- 10.2.3 CARS 105
- 10.2.4 HEAVY VEHICLES 105
- 10.3 AEROSPACE & DEFENSE 105
- 10.3.1 COMMERCIAL AIRCRAFT 106
- 10.3.2 PASSENGER AIRCRAFT 106
- 10.3.3 DEFENSE & MILITARY 106
- 10.3.4 SPACE LAUNCH SYSTEM (SLS) 106
- 10.3.5 SPACE SHUTTLE 106
- 10.4 INDUSTRIAL TURBINES 106
- 10.5 MACHINED TOOLS 107
- 10.6 CHEMICAL PROCESSING 107
- 10.7 CONSTRUCTION 108
- 10.8 OIL & GAS 108
- 10.9 FOOD & BEVERAGES 109
- 10.10 PUMPS 109
- 10.11 NEW ENERGIES 109
- 10.12 NUCLEAR INDUSTRY 110
- 10.13 LIFE SCIENCES 110
- 10.14 SEMICONDUCTORS 111
- 10.15 SENSORS 111
- 10.16 FLOW CONTROL 112
- 10.17 VALVES 112
- 10.18 PACKAGING AND MATERIALS 113
11 GLOBAL MACHINED SEALS MARKET, BY REGION 114
- 11.1 OVERVIEW 115
- 11.2 ASIA-PACIFIC 120
- 11.2.1 JAPAN 128
- 11.2.2 CHINA 131
- 11.2.3 INDIA 134
- 11.2.4 TAIWAN 137
- 11.2.5 SOUTH KOREA 140
- 11.2.6 AUSTRALIA 143
- 11.2.7 SINGAPORE 146
- 11.2.8 THAILAND 149
- 11.2.9 MALAYSIA 152
- 11.2.10 INDONESIA 155
- 11.2.11 PHILIPPINES 158
- 11.2.12 NEW ZEALAND 161
- 11.2.13 VIETNAM 164
- 11.2.14 REST OF ASIA-PACIFIC 167
- 11.3 NORTH AMERICA 168
- 11.3.1 U.S. 175
- 11.3.2 CANADA 178
- 11.3.3 MEXICO 181
- 11.4 EUROPE 184
- 11.4.1 GERMANY 192
- 11.4.2 ITALY 195
- 11.4.3 FRANCE 198
- 11.4.4 U.K. 201
- 11.4.5 SPAIN 204
- 11.4.6 RUSSIA 207
- 11.4.7 TURKEY 210
- 11.4.8 BELGIUM 213
- 11.4.9 NETHERLANDS 216
- 11.4.10 SWITZERLAND 219
- 11.4.11 DENMARK 222
- 11.4.12 SWEDEN 225
- 11.4.13 POLAND 228
- 11.4.14 NORWAY 231
- 11.4.15 FINLAND 234
- 11.4.16 REST OF EUROPE 237
- 11.5 MIDDLE EAST AND AFRICA 238
- 11.5.1 SAUDI ARABIA 245
- 11.5.2 UNITED ARAB EMIRATES 248
- 11.5.3 KUWAIT 251
- 11.5.4 QATAR 254
- 11.5.5 OMAN 257
- 11.5.6 BAHRAIN 260
- 11.5.7 EGYPT 263
- 11.5.8 ISRAEL 266
- 11.5.9 SOUTH AFRICA 269
- 11.5.10 REST OF MIDDLE EAST AND AFRICA 272
- 11.6 SOUTH AMERICA 273
- 11.6.1 BRAZIL 280
- 11.6.2 ARGENTINA 283
- 11.6.3 REST OF SOUTH AMERICA 286
12 GLOBAL MACHINED SEALS MARKET, COMPANY LANDSCAPE 287
- 12.1 COMPANY SHARE ANALYSIS: GLOBAL 287
- 12.2 COMPANY SHARE ANALYSIS: NORTH AMERICA 288
- 12.3 COMPANY SHARE ANALYSIS: EUROPE 289
- 12.4 COMPANY SHARE ANALYSIS: ASIA-PACIFIC 290
- 12.5 MERGERS & ACQUISITIONS 291
- 12.6 EXPANSIONS 292
- 12.7 AGREEMENT 292
- 12.8 NEW PRODUCT DEVELOPMENTS 293
13 SWOT ANALYSIS 294
14 COMPANY PROFILES 295
- 14.1 SKF 295
- 14.1.1 COMPANY SNAPSHOT 295
- 14.1.2 REVENUE ANALYSIS 295
- 14.1.3 COMPANY SHARE ANALYSIS 296
- 14.1.4 PRODUCT PORTFOLIO 296
- 14.1.5 RECENT DEVELOPMENT 297
- 14.2 PARKER HANNIFIN CORP 298
- 14.2.1 COMPANY SNAPSHOT 298
- 14.2.2 REVENUE ANALYSIS 298
- 14.2.3 COMPANY SHARE ANALYSIS 299
- 14.2.4 PRODUCT PORTFOLIO 299
- 14.2.5 RECENT DEVELOPMENT 299
- 14.3 FREUDENBERG FST GMBH 300
- 14.3.1 COMPANY SNAPSHOT 300
- 14.3.2 REVENUE ANALYSIS 300
- 14.3.3 COMPANY SHARE ANALYSIS 301
- 14.3.4 PRODUCT PORTFOLIO 301
- 14.3.5 RECENT DEVELOPMENTS 302
- 14.4 SAINT-GOBAIN 303
- 14.4.1 COMPANY SNAPSHOT 303
- 14.4.2 REVENUE ANALYSIS 303
- 14.4.3 COMPANY SHARE ANALYSIS 304
- 14.4.4 PRODUCT PORTFOLIO 304
- 14.4.5 RECENT DEVELOPMENT 305
- 14.5 TECHNETICS GROUP. 306
- 14.5.1 COMPANY SNAPSHOT 306
- 14.5.2 PRODUCT PORTFOLIO 306
- 14.5.3 RECENT DEVELOPMENT 306
- 14.6 HALLITE SEALS 307
- 14.6.1 COMPANY SNAPSHOT 307
- 14.6.2 PRODUCT PORTFOLIO 307
- 14.6.3 RECENT DEVELOPMENTS 308
- 14.7 ACCROSEAL 309
- 14.7.1 COMPANY SNAPSHOT 309
- 14.7.2 PRODUCT PORTFOLIO 309
- 14.7.3 RECENT DEVELOPMENT 309
- 14.8 AMPHORA INDUSTRIES PTY LTD 310
- 14.8.1 COMPANY SNAPSHOT 310
- 14.8.2 PRODUCT PORTFOLIO 310
- 14.8.3 RECENT DEVELOPMENTS 311
- 14.9 ASHTON SEALS LTD 312
- 14.9.1 COMPANY SNAPSHOT 312
- 14.9.2 PRODUCT PORTFOLIO 312
- 14.9.3 RECENT DEVELOPMENTS 313
- 14.10 EVOLUTION SEALS LTD. 314
- 14.10.1 COMPANY SNAPSHOT 314
- 14.10.2 PRODUCT PORTFOLIO 314
- 14.10.3 RECENT DEVELOPMENT 314
- 14.11 FRANCE JOINT 315
- 14.11.1 COMPANY SNAPSHOT 315
- 14.11.2 PRODUCT PORTFOLIO 315
- 14.11.3 RECENT DEVELOPMENT 315
- 14.12 FPE SEALS LTD 316
- 14.12.1 COMPANY SNAPSHOT 316
- 14.12.2 PRODUCT PORTFOLIO 316
- 14.12.3 RECENT DEVELOPMENT 317
- 14.13 GRIZZLY SUPPLIES 318
- 14.13.1 COMPANY SNAPSHOT 318
- 14.13.2 PRODUCT PORTFOLIO 318
- 14.13.3 RECENT DEVELOPMENT 318
- 14.14 MARTIN FLUID POWER COMPANY, INC. AND MFP SEALS 319
- 14.14.1 COMPANY SNAPSHOT 319
- 14.14.2 PRODUCT PORTFOLIO 319
- 14.14.3 RECENT DEVELOPMENT 319