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Global O-ring Seals Market: By Type: Synthetic Rubber, Thermoplastic Elastomer; By Application: Electrical and Electronic Products, Aerospace Equipment, Energy, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments

Global O-ring Seals Market Outlook

The global O-ring seals market was valued at USD 13.67 billion in 2021 and is expected to grow at a CAGR of 3.6% in the forecast period of 2023-2028. In 2027, the market is expected to be worth USD 17.27 billion. 

 

Global O Ring Seals Market

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The Asia Pacific Holds a Significant Share of the Market for O-ring Seals

The Asia Pacific region represents a considerable share of the O-ring seals industry owing to the extensive applications of the product in various end-use industries. With rapid industrialisation in countries such as India and China, the demand for O-ring seals is significantly increasing, hence providing lucrative growth opportunities for the market’s expansion. The robust growth of the electrical and electronics sectors in the developing economies, including China, India, and ASEAN countries, is further expected to boost the demand for O-ring seals in the region. The demand for O-ring seals in the region is also predicted to be driven by rising vehicle manufacturing and sales in the region.

The growing aerospace and automotive industries in the European region are expected to increase the demand for new O-ring seals in the market over the forecast period. North America is also anticipated to register significant growth owing to the growing applications of O-ring seals in end-use industries in the region, which is anticipated to provide lucrative growth opportunities for the expansion of the market in the forecast period.

 

O-ring Seals: Market Segmentation

O-ring seals, also known as packing or toric joints, are torus-shaped mechanical gasket. They are round-sectioned loops of elastomer, meant to be seated in a groove and compressed during assembly between two or more elements, establishing a seal at the interface. O-ring seals are both the most widely used and the most basic sealing devices in the world. They are incredibly flexible, and are extensively used in various applications ranging from garden hose couplings to essential aerospace applications.

 

Global O Ring Seals Market By Segment

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By type, the market is divided into:

  • Synthetic Rubber
  • Thermoplastic Elastomer

The major applications of O-ring seals are:

  • Electrical and Electronic Products
  • Aerospace Equipment
  • Energy
  • Food and Beverages
  • Healthcare and Medical
  • Automotive and Transportation
  • Machinery Manufacturing
  • Others

The EMR report looks into the regional markets of O-ring seals like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global O Ring Seals Market By Region

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Growing Demand for O-ring Seals in Various End-Use Markets to Aid the Market Growth

As O-ring seal is flexible and simple in design, it is extensively used in major industries like aerospace and aviation, automotive, chemical and petrochemical, oil and gas, medical and healthcare, among others, hence driving the market growth. The flexibility, superior sealing, diverse sizes, reusability, and low manufacturing costs offered by O-ring seals are expected to provide significant growth opportunities to the market for O-ring seals in the forecast period.

With technological advancements, O-ring seals offer an efficient means to achieve better fuel economy. The low maintenance and durability offered by O-ring seals are increasing their use in automobile components, thereby fuelling the market growth. Furthermore, the market is expected to be driven by strict laws integrated by automotive organisations and bureaus regarding the maximum limit of emission of toxic gases such as carbon monoxide and nitrogen oxide. The increasing use of advanced materials in manufacturing O-ring seals for critical applications, including aircraft manufacturing and medical equipment, among others, is expected to drive the market growth in the forecast period.

 

Key Industry Players in the Global O-ring Seals Market

The report gives a detailed analysis of the following key players in the global O-ring seals market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • NOK Corporation
  • Freudenberg Sealing Technologies GmbH
  • Parker-Hannifin Corporation
  • Trelleborg Sealing Solutions
  • AB SKF
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Application, Region
Breakup by Type Synthetic Rubber, Thermoplastic Elastomer
Breakup by Application Electrical and Electronic Products, Aerospace Equipment, Energy, Food and Beverages, Healthcare and Medical, Automotive and Transportation, Machinery Manufacturing, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered NOK Corporation, Freudenberg Sealing Technologies GmbH, Parker-Hannifin Corporation, Trelleborg Sealing Solutions, AB SKF, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*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 O-ring Seals Market Analysis

    8.1    Key Industry Highlights
    8.2    Global O-ring Seals Historical Market (2018-2022) 
    8.3    Global O-ring Seals Market Forecast (2023-2028)
    8.4    Global O-ring Seals Market by Type
        8.4.1    Synthetic Rubber
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Thermoplastic Elastomer
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
    8.5    Global O-ring Seals Market by Application
        8.5.1    Electrical and Electronic Products
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Aerospace Equipment
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Energy
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022)
            8.5.3.3    Forecast Trend (2023-2028)
        8.5.4    Food and Beverages
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2018-2022)
            8.5.4.3    Forecast Trend (2023-2028)
        8.5.5    Healthcare and Medical
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2018-2022)
            8.5.5.3    Forecast Trend (2023-2028)
        8.5.6    Automotive and Transportation
            8.5.6.1    Market Share
            8.5.6.2    Historical Trend (2018-2022)
            8.5.6.3    Forecast Trend (2023-2028)
        8.5.7    Machinery and Manufacturing
            8.5.7.1    Market Share
            8.5.7.2    Historical Trend (2018-2022)
            8.5.7.3    Forecast Trend (2023-2028)
        8.5.8    Others    
    8.6    Global O-ring Seals Market by Region
        8.6.1    North America
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2022) 
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Europe
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022) 
            8.6.2.3    Forecast Trend (2023-2028)
        8.6.3    Asia Pacific
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2022)
            8.6.3.3    Forecast Trend (2023-2028)
        8.6.4    Latin America
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2018-2022) 
            8.6.4.3    Forecast Trend (2023-2028)
        8.6.5    Middle East and Africa
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2018-2022) 
            8.6.5.3    Forecast Trend (2023-2028)
9    North America  O-ring Seals Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022) 
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022) 
        9.2.3    Forecast Trend (2023-2028)
10    Europe O-ring Seals Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022) 
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022) 
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022) 
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022) 
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific O-ring Seals Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022) 
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022) 
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022) 
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022) 
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022) 
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America O-ring Seals Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022) 
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022) 
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022) 
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa O-ring Seals Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022) 
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022) 
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022) 
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022) 
        13.4.3    Forecast Trend (2023-2028)
    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    NOK 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    Freudenberg Sealing Technologies 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    Parker-Hannifin Corporation
            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    Trelleborg Sealing Solutions
            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    AB SKF
            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 Key Figures and Tables

1.    Global O-ring Seals Market: Key Industry Highlights, 2018 and 2028
2.    Global O-ring Seals Historical Market: Breakup by Type (USD Billion), 2018-2022
3.    Global O-ring Seals Market Forecast: Breakup by Type (USD Billion), 2023-2028
4.    Global O-ring Seals Historical Market: Breakup by Application (USD Billion), 2018-2022
5.    Global O-ring Seals Market Forecast: Breakup by Application (USD Billion), 2023-2028
6.    Global O-ring Seals Historical Market: Breakup by Region (USD Billion), 2018-2022
7.    Global O-ring Seals Market Forecast: Breakup by Region (USD Billion), 2023-2028
8.    North America O-ring Seals Historical Market: Breakup by Country (USD Billion), 2018-2022
9.    North America O-ring Seals Market Forecast: Breakup by Country (USD Billion), 2023-2028
10.    Europe O-ring Seals Historical Market: Breakup by Country (USD Billion), 2018-2022
11.    Europe O-ring Seals Market Forecast: Breakup by Country (USD Billion), 2023-2028
12.    Asia Pacific O-ring Seals Historical Market: Breakup by Country (USD Billion), 2018-2022
13.    Asia Pacific O-ring Seals Market Forecast: Breakup by Country (USD Billion), 2023-2028
14.    Latin America O-ring Seals Historical Market: Breakup by Country (USD Billion), 2018-2022
15.    Latin America O-ring Seals Market Forecast: Breakup by Country (USD Billion), 2023-2028
16.    Middle East and Africa O-ring Seals Historical Market: Breakup by Country (USD Billion), 2018-2022
17.    Middle East and Africa O-ring Seals Market Forecast: Breakup by Country (USD Billion), 2023-2028
18.    Global O-ring Seals Market Structure

Key Questions Answered in the Report

The global O-ring seals market is projected to grow at a CAGR of 3.6% between 2023 and 2028.

The market is being driven by the rising vehicle manufacturing and sales, the increasing investment spending, the reusability and low manufacturing costs of O-ring seals, technological advancements, and strict laws integrated by automotive organisations.

The robust growth of end-use industries like the aerospace and automotive industries, the use of advanced materials in the manufacturing of O-ring seals for critical applications, technological advancements, and the stringent regulations regarding emissions from automobiles are expected to propel the market growth.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major types of O-ring seals are synthetic rubber and thermoplastic elastomer.

The significant applications of O-ring seals are electrical and electronic products, aerospace equipment, energy, food and beverages, healthcare and medical, automotive and transportation, machinery manufacturing, others.

The major players in the market are NOK Corporation, Freudenberg Sealing Technologies GmbH, Parker-Hannifin Corporation, Trelleborg Sealing Solutions, AB SKF, among others.

Analyst Review

The global O-ring seals market is driven by its rising application in end use markets like aerospace and automotive. Aided by the rising vehicle manufacturing and sales, the market is expected to witness further growth in the forecast period of 2023-2028, at a CAGR of 3.6%. The market was valued to be worth USD 13.67 billion in 2021 and is expected to reach a value of USD 17.27 billion in 2027.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on type, the O-ring seals market is categorised into synthetic rubber and thermoplastic elastomer. On the basis of application, the market is divided into electrical and electronic products, aerospace equipment, energy, automotive and transportation, machinery manufacturing, food and beverages, and healthcare and medical, among others. The major regional markets for O-ring seals are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market are NOK Corporation, Freudenberg Sealing Technologies GmbH, Parker-Hannifin Corporation, Trelleborg Sealing Solutions, AB SKF, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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