Market Overview:
The global industrial seals market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for industrial seals from various end-use industries, such as automotive, oil and gas, chemical processing, and others. In addition, the growing demand for hydraulic seals and pneumatic seals is also contributing to the growth of this market. Based on type, the global industrial seals market can be segmented into hydraulic seals, pneumatic seals, piston seals LC profile sealss fastener sealst integral sealst and others.
Product Definition:
Industrial seals are used to prevent leakage of fluid or gas between two adjoining surfaces. They are commonly found in machines, equipment, and tools where a tight seal is important for proper operation. Industrial seals can be made from a variety of materials, including rubber, plastic, metal, and composites.
Hydraulic Seals:
Hydraulic seals are used in the manufacturing industries to avoid leakageages and for maintaining the efficiency of equipment. They are also used in pumps, valves, compressors and other industrial machinery to ensure there is no leakage or loss of fluid. The growth factor for hydraulic seals is determined by its application areas as it plays a major role in preventing losses from production processes.
Pneumatic Seals:
Pneumatic seals are used in industrial seals market to prevent leakage and other forms of loss. They are also used to maintain the integrity of systems during dynamic operating conditions. Pneumatic seals can be classified as mechanical, hydraulic, and pneumatic/airtight.
Application Insights:
The others application segment accounted for the largest revenue share in 2017 and is anticipated to witness significant growth over the forecast period. Other applications include automotive, aerospace & defense, marine, and construction industries. The industrial application segment is expected to witness a CAGR of XX% from 2018 to 2030 owing to increasing demand for seals in various industries including chemical, petrochemical, power generation and oil & gas among others.
Hydraulic sealants are used across multiple industry verticals as they offer benefits such as ease of installation along with enhanced performance under high temperature conditions that exceed 300°F (149°C). They also offer resistance against solvents which enables them perform well even after several days of exposure on a surface while maintaining their sealing ability throughout this period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid industrialization, which has led to an increasing demand for efficient machinery and equipment. This trend is projected to continue over the next eight years, thereby driving product demand in Asia Pacific.
The growing manufacturing sector across various industries including automotive, aerospace & defense, construction & mining coupled with oil & gas industry growth is anticipated to drive product demand in Europe during the forecast period.
Growth Factors:
- Increasing demand from the end-user industries
- Growing investments in research and development by seal manufacturers to develop new and innovative products
- Rising trend of miniaturization in various industries
- Increasing adoption of industrial seals in emerging economies
- Growing demand for replacement seals
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Seals Market Research Report
By Type
Hydraulic Seals, Pneumatic Seals, Piston Seals, LC Profile Seals, Fastener Seals, Integral Seals, Others
By Application
Industrial, Others
By Companies
GAPI GROUP, GFD, SKF, Timken Company, ERIKS, ACORN, SEALING SYSTEMS (SCOTLAND) LTD, Industrial Seals & Gaskets Ltd, Industrial Seals and Pumps, GROUPE LATTY, GAPI GROUP, PERFORMANCE SEALING INC, CinchSeal, Cogliati Felt, Bermas, West Coast Industrial Supplies Pty Ltd, Real Seal, BP TECHEM
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
142
Number of Tables & Figures
100
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Seals Market Report Segments:
The global Industrial Seals market is segmented on the basis of:
Types
Hydraulic Seals, Pneumatic Seals, Piston Seals, LC Profile Seals, Fastener Seals, Integral Seals, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GAPI GROUP
- GFD
- SKF
- Timken Company
- ERIKS
- ACORN
- SEALING SYSTEMS (SCOTLAND) LTD
- Industrial Seals & Gaskets Ltd
- Industrial Seals and Pumps
- GROUPE LATTY
- GAPI GROUP
- PERFORMANCE SEALING INC
- CinchSeal
- Cogliati Felt
- Bermas
- West Coast Industrial Supplies Pty Ltd
- Real Seal
- BP TECHEM
Highlights of The Industrial Seals Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hydraulic Seals
- Pneumatic Seals
- Piston Seals
- LC Profile Seals
- Fastener Seals
- Integral Seals
- Others
- By Application:
- Industrial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Industrial Seals Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Industrial seals are a type of seal used in industrial applications. They are made from a variety of materials, including rubber, metal, and plastic. They are often used to protect equipment from water or other contaminants.
Some of the key players operating in the industrial seals market are GAPI GROUP, GFD, SKF, Timken Company, ERIKS, ACORN, SEALING SYSTEMS (SCOTLAND) LTD, Industrial Seals & Gaskets Ltd, Industrial Seals and Pumps, GROUPE LATTY, GAPI GROUP, PERFORMANCE SEALING INC, CinchSeal, Cogliati Felt, Bermas, West Coast Industrial Supplies Pty Ltd, Real Seal, BP TECHEM.
The industrial seals market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Seals Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Industrial Seals Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Seals Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Industrial Seals Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Industrial Seals Market Size & Forecast, 2018-2028
4.5.1 Industrial Seals Market Size and Y-o-Y Growth
4.5.2 Industrial Seals Market Absolute $ Opportunity
Chapter 5 Global Industrial Seals Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Industrial Seals Market Size Forecast by Type
5.2.1 Hydraulic Seals
5.2.2 Pneumatic Seals
5.2.3 Piston Seals
5.2.4 LC Profile Seals
5.2.5 Fastener Seals
5.2.6 Integral Seals
5.2.7 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Seals Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Industrial Seals Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Seals Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Industrial Seals Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Industrial Seals Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Seals Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Industrial Seals Market Size Forecast by Type
9.6.1 Hydraulic Seals
9.6.2 Pneumatic Seals
9.6.3 Piston Seals
9.6.4 LC Profile Seals
9.6.5 Fastener Seals
9.6.6 Integral Seals
9.6.7 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Industrial Seals Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Industrial Seals Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Seals Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Industrial Seals Market Size Forecast by Type
10.6.1 Hydraulic Seals
10.6.2 Pneumatic Seals
10.6.3 Piston Seals
10.6.4 LC Profile Seals
10.6.5 Fastener Seals
10.6.6 Integral Seals
10.6.7 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Industrial Seals Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Industrial Seals Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Seals Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Industrial Seals Market Size Forecast by Type
11.6.1 Hydraulic Seals
11.6.2 Pneumatic Seals
11.6.3 Piston Seals
11.6.4 LC Profile Seals
11.6.5 Fastener Seals
11.6.6 Integral Seals
11.6.7 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Industrial Seals Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Industrial Seals Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Seals Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Industrial Seals Market Size Forecast by Type
12.6.1 Hydraulic Seals
12.6.2 Pneumatic Seals
12.6.3 Piston Seals
12.6.4 LC Profile Seals
12.6.5 Fastener Seals
12.6.6 Integral Seals
12.6.7 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Industrial Seals Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Industrial Seals Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Seals Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Industrial Seals Market Size Forecast by Type
13.6.1 Hydraulic Seals
13.6.2 Pneumatic Seals
13.6.3 Piston Seals
13.6.4 LC Profile Seals
13.6.5 Fastener Seals
13.6.6 Integral Seals
13.6.7 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Industrial Seals Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Industrial Seals Market: Competitive Dashboard
14.2 Global Industrial Seals Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GAPI GROUP
14.3.2 GFD
14.3.3 SKF
14.3.4 Timken Company
14.3.5 ERIKS
14.3.6 ACORN
14.3.7 SEALING SYSTEMS (SCOTLAND) LTD
14.3.8 Industrial Seals & Gaskets Ltd
14.3.9 Industrial Seals and Pumps
14.3.10 GROUPE LATTY
14.3.11 GAPI GROUP
14.3.12 PERFORMANCE SEALING INC
14.3.13 CinchSeal
14.3.14 Cogliati Felt
14.3.15 Bermas
14.3.16 West Coast Industrial Supplies Pty Ltd
14.3.17 Real Seal
14.3.18 BP TECHEM
