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Global Axial and Radial Seals Market to Grow at a CAGR of 4.6% During the Period 2022-2027, Driven by Applications Across Industries

According to a new report by EMR titled, ‘Global Axial and Radial Seals Market Report and Forecast 2022-2027’, the global axial and radial seals market is expected to grow at a CAGR of 4.6% during the period 2022-2027, led by uses in industrial applications.

Global axial and radial seals market is likely to be driven by uses in industrial applications. North America, Europe and Asia are expected to be key markets.

Radial shaft seals support greater uptime in multiple applications, including heavy industrial applications. Radial shaft seals are employed in oil applications across industries, protecting rotating equipment in harsh environments. Further, radial shaft seals are used in grease applications; these seals divert contamination away from critical bearings. Axial shaft seals were devised to seal axially against a counterface perpendicular to the shaft or pin. V-Ring seals offer effective and simple solutions for rotating shaft applications, including for uses as a secondary seal in highly-contaminated environments. Metal faced seals were designed for severe conditions and low speeds that impacted off-road and tracked vehicles, but have proven equally useful in applications exposed to sand, soil, mud, water, etc. Axial excluder seals can be clamped to a housing, with a sealing lip running on a rotating face and eliminates contaminants. These applications are expected to boost the global axial and radial seals market.

Today, a wide variety of designs are available for use in rotary applications; these vary from conventional single and double lip elastomeric shapes to PTFE-based designs. Complex designs include multiple lips, differing materials and hybrid labyrinth designs. Choosing the best design depends on the particular application, service life requirements and cost objectives. A common purpose of a lip seal is to protect the bearing employed to support a shaft in a rotating application. Retaining the bearing lubricant and keeping it clean lengthens bearing life and enhances the overall equipment service life. Applications include automotive wheels, electric motors, pumps, gearboxes and large rolls used in steel and paper manufacturing. Radial lip seals are employed throughout industries in multiple applications under a broad range of operating conditions. These conditions may vary from high-speed shaft rotation with light oil mist to low-speed reciprocating shaft in muddy settings. Radial lip seals are present in sealing lube oil in high-speed crankshaft applications for gasoline and diesel engines that operate from the tropics to the arctic, in oil tankers, submarines, farm tractors, spacecraft, steel mills, paper mills, windmills, refineries, appliances and automobiles. Such variety of applications across industries are likely to stimulate the global axial and radial seals market.

Market Analysis by Raw Material, Type, Style, Application and Region:

  • By raw material, the market is segmented into Metal, Rubber, Silicone, Polyurethane (PU), Polytetrafluoroethylene (PTFE), and Others.
  • By type, the market is classified into Axial Seals (further broken down by type into Track Pin Seals, Axial Clamp Seal, V ring Seals, and Metal Face Seal) and Radial Seals (further broken down by type into Dynamic and Static).
  • By style, the market is divided into Oil, Ring, Mechanical Seal, Hydraulic, and Others.
  • By application, the market is segmented into Automotive, Energy, Construction, Manufacturing, Petrochemicals, Aerospace and Defence, and Others.
  • By region, the market is classified into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

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