市場調査レポート
商品コード
1122040
Oリングの世界市場 - 市場規模、シェア、動向、予測、競合分析、成長機会:2022年~2027年O-Rings Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2022-2027 |
Oリングの世界市場 - 市場規模、シェア、動向、予測、競合分析、成長機会:2022年~2027年 |
出版日: 2022年06月08日
発行: Stratview Research
ページ情報: 英文 125 Pages
納期: お問合せ
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パンデミックの発生により、Oリング市場は2020年に10.5%近く減少しました。しかし、再び急成長しており、産業の早期回復、技術の進歩、衛生面への高い関心など、さまざまな要因がOリングの需要を促進しています。また、信頼性が高く、効率的で安全な製品を求める消費者ニーズや、環境規制が製品需要を後押ししています。これらの傾向を受け、Oリング市場は、2027年には148億米ドルに達し、今後5年間のCAGRで4.6%の健全な成長が予測されています。
当レポートでは、世界のOリング市場について調査分析し、市場環境、COVID-19の影響、市場評価、競合分析、成長機会、主要企業などについて、最新の情報を提供しています。
Market Highlights
O-rings are the loop of elastomer with a round cross-section. They are placed into a groove and then compressed between two surfaces to prevent any escape of fluids and ingress of external agents in the application where they are applied. O-rings are used in a wide range of industries, such as automotive engines, air conditioning systems, machine tools, and tap fittings, among others. They must be chemically stable and resistant to high temperatures, pressure, ozone, and swelling. They are widely used in the manufacturing process because they are inexpensive, easy to replace, reliable, and come in a variety of sizes. Elastomers are majorly used to manufacture O-rings. Depending on the application, different types of elastomers such as nitrile (buna), neoprene, and EPDM rubber, are used.
The emergence of the pandemic posed numerous challenges to the growing O-rings market. A large number of industries that use O-rings were affected by production halts, labor as well as raw material shortages, and low demand for finished products. Furthermore, the aftermarket demand for seals was disrupted as a result of lockdowns in many countries. As a result of these factors, the O-rings market declined by nearly 10.5% in 2020.
However, the O-rings market is again growing at a rapid pace and is expected to surpass the pre-covid levels and reach new heights. Various factors, such as faster recoveries of industries, advancements in technologies, and a high focus on hygiene are propelling the demand for O-rings. Furthermore, consumer demand for dependable, efficient, and secure products, as well as environmental regulations, are bolstering the product demand. Following these trends, the O-rings market is estimated to grow at a healthy CAGR of 4.6% over the next five years to reach a value of US$ 14.8 Billion in 2027.
Market Segments' Analysis
Based on the end-use industries, the O-rings market is segmented as transportation, processing, electrical & electronics, mobile machinery, manufacturing tools, energy & power, and others. Transportation is expected to remain the biggest demand generator for o-rings during the forecast period. Increasing requirements for mobility with a growing population and demand for reliable, efficient, and safe means of transportation are the major factors boosting the demand for o-rings in the transportation sector. O-rings are widely used to seal many types of fluids such as fuel, lubricating oil, and refrigerants, which are used in systems of buses, cars, and trucks, among others.
In terms of regions, Asia-Pacific is expected to remain the largest and fastest-growing region in the market for o-rings during the forecast period. The region is the most populated in the world and generates high demand for finished products from manufacturing industries. Furthermore, many of the region's governments are promoting the manufacturing sector through initiatives, such as Make in India and Made in China 2025. These factors will drive both, manufacturing as well as demand for o-rings in the region.
Key Players
O-rings are considered one of the most common sealing products in the world. There are more than 1,000 companies that are offering o-rings; however, some companies are efficacious in building an extraordinary image in the world. The following are the key players in the O-rings market.
Freudenberg Sealing Technologies
Trelleborg Sealing Solutions
Greene Tweed
SKF
Enpro (Technetics)
Saint-Gobain
Parker Hannifin
Hutchinson
Dana Seals
Smith Group plc (John Crane)
Elring Klinger AG
Research Methodology
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today's O-rings market realities and future market possibilities for the forecast period of 2022 to 2027. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research's internal database and statistical tools. More than 2,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key features of the report: