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Global Hydraulic Seals Market Share, Size, Growth, Forecast: By Product: Piston Seals, Wiper Seals, Rod Seals, Buffer Seals, Others; By Application: Automotive, Chemical, Aerospace, Agriculture, Marine, Others; Regional Analysis; Market Dynamics; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032
Global Hydraulic Seals Market Outlook
The global hydraulic seals market size is expected to grow at a CAGR of 4.70% in the forecast period of 2024-2032. The market growth is aided by the increasing exploration activities for oil and gas reservoir access and utilisation of advanced equipment.
Global Hydraulic Seals Market Trends
Hydraulic seals are gasket-like rings that are designed to seal the gaps between the components in a hydraulic cylinder. They are important to prevent the leakage of fluids and stop them from seeping around the components. These seals are manufactured according to the working temperature, operation pressure, cylinder speed, application, and medium.
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Growing Demand for Hydraulic Cylinders
Industries in various countries around the globe have experienced a rise in the hydraulic cylinder market. The marine industry is one of the major industries that has increased the demand for hydraulic cylinders.
Rising Construction Activities
The market for hydraulic seals has been experiencing steady growth due to the rising construction activities, especially in the Asia Pacific region, due to the growing industrialisation and urbanisation.
Increasing Oil and Gas Excavation Activities
The demand for oil and gas has been rising significantly in the energy and petroleum industry across the world. Seals are crucial during various processes to ensure the proper working of the equipment. This can propel the market growth.
The Launch of Innovative Seals to Provide Significant Opportunities to the Market
Prominent market players have started focusing on designing innovative seals which are comprised of high-quality materials. They are developing seals that can protect the hydraulic cylinders by reducing the contact of pistons to the main body.
Lack of Skilled Workforce to Pose as a Major Challenge for the Market
Hydraulic seals require proper installation as otherwise, it may result in contamination and incorrect sizing of the seal. Additionally, the seal will start accumulating dirt, powder, or other tiny elements over time which can make the seal lose its hermetical ability to prevent contaminants from the piston area
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Global Hydraulic Seals Market Analysis
Based on product, the market can be segmented into piston seals, wiper seals, rod seals, and buffer seals, among others. Based on application, it can be bifurcated into automotive, chemical, aerospace, agriculture, and marine, among others. The regional markets for the hydraulic seals market can be divided into North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments and expansion plans.
- Accro-Seal®, Inc.
- SEALTECH S.A.
- Kastas Sealing Technologies AS
- Parker Hannifin Corporation
- Trelleborg Group
- Others
Products in the Hydraulic Seals Market
Based on products, the market segmentations include piston seals, wiper seals, rod seals, and buffer seals, among others. The piston seals, also known as piston rings, are used for fluid sealing in hydraulic cylinders. The high pressure generated by the piston rod on the piston seal increases the contact force between the seal and the surface. This segment is expected to hold a significant market share due to its important role in preventing the leakage of fluids across the piston.
The rod seals are expected to hold the largest market share as they can help prevent the leakage of hydraulic fluid from the sealing system, and they can be utilised in combination with a wiper seal which helps in reducing the environmental contamination.
Applications of Hydraulic Seals
Based on applications, the market divisions include automotive, chemical, aerospace, agriculture, and marine, among others. Among these segments, the automotive industry is expected to hold the largest market share. They are widely utilised in the automotive industry for various purposes including power steering, brakes, preventing leakage of lubricants, shock absorbers, and windshields.
The agriculture industry has been increasingly utilising seals as more advanced are used for agricultural processes. The agricultural machines are required to perform with optimal efficiency to endure various daily loads and fluctuating weather conditions. This makes seals an important part of agricultural machines, helping in the hydraulic seals market development.
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Competitive Landscape
Parker Hannifin Corporation, previously known as parker appliance company, is an American corporation which specialises in motion and control technologies. They provide precision-engineered solutions for a wide variety of applications in the mobile, industrial, and aerospace industries.
Accro-Seal, Inc. is a United States based company specialising in the manufacturing of plastic-related products. They have been manufacturing products such as valve seats, seals, bushings, and bearings, among other products since 1977. Their components are usually manufactured with the use of PTFE, Nylon, PEEK, UHMW, and other engineered plastics.
Kastas Sealing Technologies AS is a world leader in manufacturing and providing high-performance fluid products and sealing solutions. Their products include piston seals, wipers, static seals, rod seals, and O-rings, which are utilised in agricultural machinery, mobile hydraulics, industry, metal and mining processes, among many others.
Other market players include SEALTECH S.A. and Trelleborg Group, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Hydraulic Seals Market Analysis
8.1 Key Industry Highlights
8.2 Global Hydraulic Seals Historical Market (2018-2023)
8.3 Global Hydraulic Seals Market Forecast (2024-2032)
8.4 Global Hydraulic Seals Market by Product
8.4.1 Piston Seals
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Wiper Seals
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 Rod Seals
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2023)
8.4.3.3 Forecast Trend (2024-2032)
8.4.4 Buffer Seals
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2023)
8.4.4.3 Forecast Trend (2024-2032)
8.4.5 Others
8.5 Global Hydraulic Seals Market by Application
8.5.1 Automotive
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Chemical
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Aerospace
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.5.4 Agriculture
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2023)
8.5.4.3 Forecast Trend (2024-2032)
8.5.5 Marine
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2023)
8.5.5.3 Forecast Trend (2024-2032)
8.5.6 Others
8.6 Global Hydraulic Seals Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2023)
8.6.4.3 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2023)
8.6.5.3 Forecast Trend (2024-2032)
9 North America Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2023)
9.1.3 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2023)
9.2.3 Forecast Trend (2024-2032)
10 Europe Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2023)
10.1.3 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2023)
10.2.3 Forecast Trend (2024-2032)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2023)
10.3.3 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2023)
10.4.3 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2023)
11.1.3 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2023)
11.2.3 Forecast Trend (2024-2032)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2023)
11.3.3 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2023)
11.4.3 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2023)
11.5.3 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2023)
12.1.3 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2023)
12.2.3 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2023)
12.3.3 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2023)
13.1.3 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2023)
13.2.3 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2023)
13.3.3 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2023)
13.4.3 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Accro-Seal®, Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 SEALTECH S.A.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Kastas Sealing Technologies AS
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Parker Hannifin Corporation
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Trelleborg Group
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Hydraulic Seals Market: Key Industry Highlights, 2017 and 2021
2. Global Hydraulic Seals Historical Market: Breakup by Product (USD Million), 2018-2023
3. Global Hydraulic Seals Market Forecast: Breakup by Product (USD Million), 2024-2032
4. Global Hydraulic Seals Historical Market: Breakup by Application (USD Million), 2018-2023
5. Global Hydraulic Seals Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global Hydraulic Seals Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Hydraulic Seals Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Hydraulic Seals Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Hydraulic Seals Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Hydraulic Seals Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Hydraulic Seals Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Hydraulic Seals Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Hydraulic Seals Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Hydraulic Seals Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Hydraulic Seals Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Hydraulic Seals Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Hydraulic Seals Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Hydraulic Seals Market Structure
Key Questions Answered in the Report
The market is expected to grow at a CAGR of 4.70% during the period 2024-2032.
The market is driven by the increasing demand for hydraulic cylinders in various industries including automotive and marine industry, and rising oil and gas reservoir exploration activities.
The growing construction activities for infrastructural development, especially in emerging nations and development of innovative seals with high-quality materials are key trends in the market.
The regional markets for the global market include North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.
The products available in the market include into piston seals, wiper seals, rod seals, and buffer seals, among others.
The applications of hydraulic seals in the market include automotive, chemical, aerospace, agriculture, and marine, among others.
The key players in the market include Accro-Seal®, Inc., SEALTECH S.A., Kastas Sealing Technologies AS, Parker Hannifin Corporation, and Trelleborg Group, among others.
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