Press release
Global Rotary Seals Market Is Anticipated to Reach US$ 1784.8 million by 2029, growing at a CAGR of 3.9% During 2023-2039
Rotary Seals involve rotational motion from a shaft and housing. Used in oscillating or rotating parts, their primary function is to keep lubricated fluids in, whilst preventing the ingress of contaminants, such as mud and water.Important factors to consider when choosing a rotary seal is the frictional heat buildup, material stretch, compression (squeeze), operational temperature limits, shaft and glandular machining.
The global Rotary Seals market size is expected to reach US$ 1784.8 million by 2029, growing at a CAGR of 3.9% from 2023 to 2029. The market is mainly driven by the significant applications of Rotary Seals in various end use industries. The expanding demands from the Oil and Gas, Aerospace and Automotive, Food and Beverage and Manufacturing and Machine Tools, are propelling Rotary Seals market. Rubbers, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Thermoplastic Elastomers segment is estimated at % CAGR for the next seven-year period.
Asia-Pacific is the largest Rotary Seals market with about 36% market share. Europe is follower, accounting for about 27% market share.The industry's leading producers are Trelleborg Sealing Solutions, Parker Hannifin and SKF, with revenue ratios of 19%, 8% and 5%, respectively.
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Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Rotary Seals, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Rotary Seals market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Rotary Seals market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Rotary Seals sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Rotary Seals covered in this report include Trelleborg Sealing Solutions, Parker Hannifin, SKF, Freudenberg Sealing Technologies, NOK, Bal Seal Engineering, A.W. Chesterton Company, Garlock and James Walker, etc.
The global Rotary Seals market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Trelleborg Sealing Solutions
Parker Hannifin
SKF
Freudenberg Sealing Technologies
NOK
Bal Seal Engineering
A.W. Chesterton Company
Garlock
James Walker
Greene Tweed
Hallite
Techne
Max Spare
Seal & Design
Gallagher Seals
Global Rotary Seals market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Rotary Seals market, Segment by Type:
Rubbers
Thermoplastic Elastomers
PTFE
Plastics
Others
Global Rotary Seals market, by Application
Oil and Gas
Aerospace and Automotive
Food and Beverage
Manufacturing and Machine Tools
Marine, Construction and Mining Equipment
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Rotary Seals manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Rotary Seals in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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