Encapsulated O-rings Market is Forecasted to Reach US$ 132.3 million in 2030, Says Stratview Research

The global Encapsulated O-rings Market is projected to witness a growth rate of 3.7% annually from 2024 to 2030, with an anticipated size of US$ 132.3 million by 2030, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global Encapsulated O-rings Market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

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Report Highlights:
Market Size in 2030: US$ 132.3 million
Growth (CAGR): 3.7% during 2024-2030
Forecast Period: 2024-2030
Trend Period: 2018-2022
Base Year: 2023
Number of Segments Covered: 6
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20

Segment Insights on the Encapsulated O-rings Market:

The global Encapsulated O-rings market is segmented based on jacket material type, core material type, core structure, end-use industry type, motion type, and region.

Based on jacket material type - Stratview has first segmented the encapsulated O-rings market based on the jacket material type as FEP and PFA.
FEP is expected to remain the most preferred jacket material type in the market in years to come. Lower cost along with several other advantages including high resistance to corrosion and chemicals, low compression set, and low coefficient of friction, making FEP the preferred choice for all standard applications up to 205°C. PFA-encapsulated O-rings are used for higher temperature ranges.

Based on core material type - The encapsulated O-rings market is segmented into FKM, silicone, and others.
Due to the excellent elasticity, good chemical resistance, and outstanding compression, FKM core material dominated the market in 2023 and is likely to maintain its dominance throughout the forecast period. The silicone core material is preferred in low-temperature applications as it remains flexible at a lower temperature because of its greater softness than FKM and has a higher standard of heat resistance.

Based on core structure type - The encapsulated O-rings market is segmented into solid core and hollow core structures.
Solid core is likely to remain the leading segment of the market in the coming years, driven by its excellent resistance to compression set and good recovery characteristics. FKM and silicone are dominantly used core materials for solid-core encapsulated O-rings. FKM solid core provides excellent elasticity and high-level compression, whereas silicone solid core performs excellent for a wider range of temperatures.

Based on end-use industry type - The encapsulated O-rings market is classified into chemical, petrochemical, pharmaceutical, food & beverage, and others (oil & gas, semiconductor, aerospace & defense, and automotive industry).
The chemical industry is the biggest user of encapsulated O-rings, driven by the extensive use of aggressive chemicals, making encapsulated O-rings a preferred choice. These O-rings are also widely used in the food & beverages and pharmaceutical industries as they are compliant with the Food and Drug Administration (FDA), EC1935/2004 and EC2023/2006, USP Class VI, and 3A 18-03 Sanitary Standards.

To know the most attractive segments, click here:
https://www.stratviewresearch.com/923/encapsulated-o-rings-market.html

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that Europe is expected to maintain its lead in the years to come with the presence of leading encapsulated O-ring manufacturers, such as Vulcan Engineering Limited and Northern Engineering (Sheffield) Ltd. This growth outlook is majorly attributed to the following-

• Europe is one of the largest producers of chemicals, petrochemicals, automotive, and food processing equipment.
• Asia-Pacific is expected to be the fastest-growing market with China and India being the growth engines. This growth will likely be accompanied by a rise in local production, increased competition, and growing awareness for superior sealing solutions.

Encapsulated O-rings Market Drivers:

Some of the key drivers listed in the report are given below.
The stringent regulations, such as FDA, EC 2023/2006, EU Reg. 1935/2004, and USP Class-VI, and failure of solid PTFE O-rings in harsh chemical and high-temperature environments provide good growth opportunities to encapsulated O-ring manufacturers. Overall, the encapsulated O-rings market is expected to grow steadily in the coming years, driven by the increasing demand for high-performance sealing solutions in various industries.

Top Companies in the Encapsulated O-rings Market:
Stratview Research has identified the following companies as the top market players.
• ERIKS NV
• Freudenberg Group
• Greene Tweed
• Northern Engineering (Sheffield) Ltd.
• ROW, Inc.
• Trelleborg AB
• Vulcan Seals

What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Encapsulated O-rings Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

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