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Global Industrial Seals Market Size, Share, Trends, Growth: By Type: Axial Seals, Radial Seals, Mechanical Seals; By Material: Fibre, Fluorosilicone, PTFE, Rubber, Others; By End Use: Mining, Food and Beverage, Oil and Gas, Energy and Power, Aerospace, Others; Regional Analysis; Competitive Landscape; Industry Events and Developments; 2024-2032
Global Industrial Seals Market Outlook
The global industrial seals market is likely to develop at a CAGR of 5.5% during the period 2024-2032. High-quality industrial seals and gaskets help ensure pollutant free liquid and gas processing. Custom seals and gaskets are available to fulfil the requirements of different industrial applications. Uses of industrial seals across industrial domains are likely to stimulate market growth. North America, Asia and Europe are likely to be key markets.
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Global Market Likely to be Driven by Uses Across Industrial Domains
Industrial seals are employed at dynamic (seal amid pistons and cylinders) and static interfaces (such as points of entry of bolts and screws, and the interface between engine blocks and cylinder heads) to avoid leakage, hold pressure, and prevent impurity at crossing points between components. Types of industrial seal generally used include gasket, labyrinth seal, lip seal or radial shaft seal, O-ring, bonded seal, hose couplings and pipe connections, piston seals, sealant, caulking, welding, and glass-to-metal seals. Applications include heavy earthmoving, high-pressure systems, military, railroad, helicopters, pool and spa, specialty equipment, fixed wing aircraft, marine, agricultural machinery, printers, die casting, textile, cheese manufacturing, etc.
Leading Companies are Engaged in Developing and Providing Solutions that Enhance Industrial Processes and Decrease Downtime
Companies like ERGOSEAL offer aerospace and industrial seals devised to function under extreme environments across applications in domains such as aerospace, industrial, and commercial.
In 2023, Trelleborg Sealing Solutions launched Isolast® K-Fab™ Seal devised to offer long-term sealing and enhanced productivity in high-temperature semiconductor subfab applications. The solution was expected to help significantly decrease unexpected downtime and cost of ownership. Such solutions are expected to drive the global industrial seals market.
Freudenberg’s new proprietary fireproof sealing fabric was designed to tolerate extreme conditions. The solution performed at par with other industry standard alternatives, but was more economical.
In 2021, Trelleborg Sealing Solutions introduced a new elastomer sealing material, FoodProTM E75F1 particularly designed for widespread usage in food and beverage processing applications.
Companies like Robco of America offers reliable repair services for all models of mechanical seals to enhance functionality of industrial systems. The company also provides high-quality industrial products across the USA, including mechanical packing, mechanical seals, fibre and high-resistant textiles, metallic gaskets, fluid sealing and liquid maintenance products.
Joint Ventures and Associations between Companies Expected to Boost Market Growth
In 2020, Saint-Gobain acquired High Tech Metal Seals (HTMS). The acquisition concluded the Group’s product range in offering customized solutions in the sealing industry, following the acquisition of American Seal and Engineering Co.
In 2021, National Engineering Industries Ltd. (NEI) and Amsted Seals entered into a joint venture (JV) to produce railway bearing seals in India. Amsted Seals is a key international player in sealing solutions and cutting-edge metal fabrication. Such associations are expected to boost the global industrial seals market.
Market Segmentation
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On the basis of type, the market is segmented into:
- Radial Seals
- Axial Seals
- Mechanical Seals
By material, the market is divided into:
- Fibre
- Fluorosilicone
- PTFE
- Rubber
- Others
By end use, the market is classified into:
- Mining
- Food and Beverage
- Energy and Power
- Oil and Gas
- Marine
- Aerospace
- Construction
- Others
By region, the market is segmented into:
- Europe
- Asia Pacific
- North America
- Middle East and Africa
- Latin America
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Key Industry Players in the Market
The report offers a comprehensive investigation of the following key players in the global industrial seals market, looking into their capacity, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Flowserve Corporation
- Trelleborg Sealing Solutions Germany GmbH
- SSP Manufacturing Inc.
- Specialized Engineering Against Leakage GmbH
- Ergoseal, Inc
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
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:
|
| Breakup by Type |
|
| Breakup by Material |
|
| Breakup by End Use |
|
| 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 Industrial Seals Market Analysis
8.1 Key Industry Highlights
8.2 Global Industrial Seals Historical Market (2018-2023)
8.3 Global Industrial Seals Market Forecast (2024-2032)
8.4 Global Industrial Seals Market by Type
8.4.1 Axial Seals
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Radial Seals
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Mechanical Seals
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global Industrial Seals Market by Material
8.5.1 Fibre
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Fluorosilicone
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 PTFE
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Rubber
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Others
8.6 Global Industrial Seals Market by End Use
8.6.1 Mining
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Food and Beverage
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Oil and Gas
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Energy and Power
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Aerospace
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.6.6 Marine
8.6.6.1 Historical Trend (2018-2023)
8.6.6.2 Forecast Trend (2024-2032)
8.6.7 Construction
8.6.7.1 Historical Trend (2018-2023)
8.6.7.2 Forecast Trend (2024-2032)
8.6.8 Others
8.7 Global Industrial Seals Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Industrial Seals Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Industrial Seals Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Industrial Seals Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Industrial Seals Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Industrial Seals Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 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 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Flowserve Corporation
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Trelleborg Sealing Solutions Germany GmbH
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 SSP Manufacturing Inc.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Specialized Engineering Against Leakage GmbH
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Ergoseal, Inc
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Others
16 Key Trends and Developments in the Market
List of Figures and Tables
1. Global Industrial Seals Market: Key Industry Highlights, 2018 and 2032
2. Global Industrial Seals Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global Industrial Seals Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Industrial Seals Historical Market: Breakup by Material (USD Million), 2018-2023
5. Global Industrial Seals Market Forecast: Breakup by Material (USD Million), 2024-2032
6. Global Industrial Seals Historical Market: Breakup by End Use Industry (USD Million), 2018-2023
7. Global Industrial Seals Market Forecast: Breakup by End Use Industry (USD Million), 2024-2032
8. Global Industrial Seals Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Industrial Seals Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Industrial Seals Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Industrial Seals Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Industrial Seals Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Industrial Seals Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Industrial Seals Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Industrial Seals Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Industrial Seals Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Industrial Seals Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Industrial Seals Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Industrial Seals Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Global Industrial Seals Market Structure
Key Questions Answered in the Report
The market is estimated to grow at a CAGR of 5.5% in the forecast period of 2024-2032.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major drivers of the market include the flourishing food and beverage industry, rising application of the product in aerospace sector, thriving construction sector across the developing economies.
The steady growth of e-retail industry, technological advancements in the automotive industry, and increasing utilisation of the product in textile manufacturing industry are the key trends in the market.
Axial Seals, radial seals, and mechanical seals are the different segments based on type.
Fibre, fluorosilicone, PTFE, and rubber, among others are the different materials based on which the market has been segmented.
Mining, food and beverage, oil and gas, energy and power, aerospace, marine, and construction, among others are the significant end-use industries included in the market report.
The major players in the industry are Flowserve Corporation, Trelleborg Sealing Solutions Germany GmbH, SSP Manufacturing Inc., Specialized Engineering Against Leakage GmbH, and Ergoseal, Inc, among others.
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