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Global Transportation Seals Market Share, Size, Trends, Growth, Analysis, Forecast: By Type: O-Ring, Lip Seals, Gaskets, Others; By Material: Metal Seals, Thermoplastics, Elastomers Seals; By Motion: Static Seals, Linear Seals, Rotary Seals; By End Use: Aerospace, Automotive, Marine, Rail, Others; Regional Analysis; Competitive Landscape; 2023-2028
Global Transportation Seals Market Outlook
The global transportation seals market size reached a value of around USD 14.5 billion in 2022. The market is expected to grow at a CAGR of 5.90% between 2023 and 2028, reaching a value of approximately USD 20.4 billion by 2028.
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Key Trends in the Market
A transportation seal is used with a gasket for sound and noise reduction, sealing, packaging, anti-vibration, hygiene, supporting, and mounting while preventing leaking from or into the linked objects while they are compressed. Transportation seals assist manufacturers adhere to stringent requirements and regulations while improving performance and effectiveness.
- Advanced power transmission seals are currently being developed which are anticipated to dramatically reduce power loss in driveline assemblies when compared to conventional sealing elements. These seals are created using cutting-edge designs and unique materials that function well under high pressure, further increasing the demand for the transportation seals market.
- Transportation seals are being used increasingly in the automotive sector to stop leakage between linked elements due to the increased durability, colour stability, and temperature resistance of the seals. The increase in demand of high-performance seals by the automotive industry is opening up new opportunities for growth in the market for transportation seals.
- The increased awareness of vehicle noise, vibration, and harshness (NVH) is one of the key transportation seals market trends propelling the market growth. Due to changing lifestyles, increasing disposable income, and rapid urbanisation, there is an increasing demand for automobiles, particularly vehicles that are lightweight and environmentally friendly vehicles, thereby fuelling the growth of the market for transportation seals.
Global Transportation Seals Market Analysis
Based on type, the market is divided into O-ring, lip seals, and gaskets, among others. The market on the basis of material is segmented into metal seals, thermoplastics, and elastomers seals. Based on motion, the market is classified into static seals, linear seals, and rotary seals. The market on the basis of end use is segregated into aerospace, automotive, marine, and rail, among others. The regional markets for transportation seals are divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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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. The report gives a detailed analysis of the following key players in the global transportation seals market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
- SKF group
- Saint-Gobain Corporation
- Dätwyler Holding Inc.
- Hutchinson
- Meccanotecnica Umbra S.p.A
- Meggitt PLC
- Trelleborg AB
- Tenneco Inc.
- Parker Hannifin Corporation
- Toyoda Gosei Co., Ltd.
- Others
Transportation Seals Market Share by Type
O-ring seals are expected to account for a significant share of the market for transportation seals based on type as they are widely utilised because of their flexibility and simple design. Common applications of O-ring seals are oil and gas, aerospace and aviation, medical and healthcare, automotive, and chemical and petrochemical, among others. The market for O-ring seals offers considerable growth potential over the projected period due to the flexibility, good sealing, variety of sizes, reusability, and low manufacturing costs of O-ring seals.
Furthermore, the increased use of O-ring seals in automotive components is being fuelled by their longevity and minimal maintenance requirements. The expanding use of cutting-edge materials in the creation of O-ring seals for significant applications, including the fabrication of aircraft and medical equipment, among others, is anticipated to fuel the transportation seals market growth in the coming years.
Transportation Seals Market Share by End Use
Over the forecast period, it is anticipated that automotive end uses would account for a large share of the transportation seals market. Transportation seals are used in automotives for various applications, such as connecting joints and blocking leaks while keeping out unwanted particles. In the automotive industry, seals are also frequently used to seal the gap between two parts to stop leaks from occurring when the parts are squeezed.
Automotive seals are used to heat, fill, induction seal, and attach to various auto parts and are available in many different sizes and forms while being incredibly robust and reliable. The end uses of transportation seals in automotives are driven by their ability to endure harsh vibrations brought on by an engine running as well as extensive use. Seals are essential for a vehicle's operation and performance, and hence are used in a wide range of vehicles such as motorcycles, ATVs, and off-road heavy equipment.
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Competitive Landscape
Saint-Gobain Corporation, which has its global headquarters in Courbevoie, France, and was founded in 1665, develops, produces, and sells goods and services for the industrial and construction sectors. With operations in 75 countries, they are one of the world leaders in sustainable and light construction. Saint-Gobain works to meet specific requirements for comfort, functionality, safety, and aesthetics.
Dätwyler Holding Inc., headquartered in Altdorf, Switzerland and founded in 1902, is a manufacturer of rubber parts and sealing solutions for the pharmaceutical, civil engineering, and automotive industries. The company also sells parts and accessories for electronics, robotics, engineering, and information technology. Dätwyler Holding focuses on producing high-quality, essential-to-systems elastomer components.
Tenneco Inc., founded in 1940 and headquartered in Illinois in the United States, is one of the top global designers, producers, and marketers of automotive parts for original equipment and aftermarket clients. With the help of its four business divisions, DRiV, Performance Solutions, Clean Air, and Powertrain, Tenneco is advancing global mobility by supplying technology solutions for a range of areas.
Other market players include SKF group, Hutchinson, Meccanotecnica Umbra S.p.A, Meggitt PLC, Trelleborg AB, Parker Hannifin Corporation, and Toyoda Gosei Co., Ltd., among others.
Key Highlights of the Report
| 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:
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| Breakup by Type |
|
| Breakup by Material |
|
| Breakup by Motion |
|
| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| 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 Transportation Seals Market Analysis
8.1 Key Industry Highlights
8.2 Global Transportation Seals Historical Market (2018-2022)
8.3 Global Transportation Seals Market Forecast (2023-2028)
8.4 Global Transportation Seals Market by Type
8.4.1 O-Ring
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 Lip Seals
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Gaskets
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Others
8.5 Global Transportation Seals Market by Material
8.5.1 Metal Seals
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 Thermoplastics
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 Elastomers Seals
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.6 Global Transportation Seals Market by Motion
8.6.1 Static Seals
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 Linear Seals
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 Rotary Seals
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.7 Global Transportation Seals Market by End Use
8.7.1 Aerospace
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Automotive
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Marine
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Rail
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Others
8.8 Global Transportation Seals Market by Region
8.8.1 North America
8.8.1.1 Market Share
8.8.1.2 Historical Trend (2018-2022)
8.8.1.3 Forecast Trend (2023-2028)
8.8.2 Europe
8.8.2.1 Market Share
8.8.2.2 Historical Trend (2018-2022)
8.8.2.3 Forecast Trend (2023-2028)
8.8.3 Asia Pacific
8.8.3.1 Market Share
8.8.3.2 Historical Trend (2018-2022)
8.8.3.3 Forecast Trend (2023-2028)
8.8.4 Latin America
8.8.4.1 Market Share
8.8.4.2 Historical Trend (2018-2022)
8.8.4.3 Forecast Trend (2023-2028)
8.8.5 Middle East and Africa
8.8.5.1 Market Share
8.8.5.2 Historical Trend (2018-2022)
8.8.5.3 Forecast Trend (2023-2028)
9 North America Transportation 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 Transportation 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 Transportation 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 Transportation 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 Transportation 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 SKF group
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 Saint-Gobain Corporation
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 Dätwyler Holding 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 Hutchinson
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 Meccanotecnica Umbra S.p.A
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 Meggitt PLC
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Trelleborg AB
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Tenneco Inc.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Parker Hannifin Corporation
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Toyoda Gosei Co., Ltd.
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Transportation Seals Market: Key Industry Highlights, 2018 and 2028
2. Global Transportation Seals Historical Market: Breakup by Type (USD Million), 2018-2022
3. Global Transportation Seals Market Forecast: Breakup by Type (USD Million), 2023-2028
4. Global Transportation Seals Historical Market: Breakup by Material (USD Million), 2018-2022
5. Global Transportation Seals Market Forecast: Breakup by Material (USD Million), 2023-2028
6. Global Transportation Seals Historical Market: Breakup by Motion (USD Million), 2018-2022
7. Global Transportation Seals Market Forecast: Breakup by Motion (USD Million), 2023-2028
8. Global Transportation Seals Historical Market: Breakup by End Use (USD Million), 2018-2022
9. Global Transportation Seals Market Forecast: Breakup by End Use (USD Million), 2023-2028
10. Global Transportation Seals Historical Market: Breakup by Region (USD Million), 2018-2022
11. Global Transportation Seals Market Forecast: Breakup by Region (USD Million), 2023-2028
12. North America Transportation Seals Historical Market: Breakup by Country (USD Million), 2018-2022
13. North America Transportation Seals Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Europe Transportation Seals Historical Market: Breakup by Country (USD Million), 2018-2022
15. Europe Transportation Seals Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Asia Pacific Transportation Seals Historical Market: Breakup by Country (USD Million), 2018-2022
17. Asia Pacific Transportation Seals Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Latin America Transportation Seals Historical Market: Breakup by Country (USD Million), 2018-2022
19. Latin America Transportation Seals Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Middle East and Africa Transportation Seals Historical Market: Breakup by Country (USD Million), 2018-2022
21. Middle East and Africa Transportation Seals Market Forecast: Breakup by Country (USD Million), 2023-2028
22. Global Transportation Seals Market Structure
Key Questions Answered in the Report
In 2022, the global market for transportation seals attained a value of approximately USD 14.5 billion.
The market is projected to grow at a CAGR of 5.90% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach USD 20.4 billion by 2028.
The major drivers of the market include the growing use of transportation seals in major industries like aerospace and aviation, automotive, chemical and petrochemical, rising product utilisation in the plumbing and construction sector, and increase in the number of manufacturing plants and factories.
The development of advanced power transmission seals along with the growing NVH awareness are the key trends propelling the growth of the market.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The various types of transportation seals in the market include O-ring, lip seals, and gaskets, among others.
The different materials of transportation seals are metal seals, thermoplastics, and elastomers seals.
The significant end uses of transportation seals include aerospace, automotive, marine, and rail, among others.
The major players in the transportation seals market are SKF group, Saint-Gobain Corporation, Dätwyler Holding Inc., Hutchinson, Meccanotecnica Umbra S.p.A, Meggitt PLC, Trelleborg AB, Tenneco Inc., Parker Hannifin Corporation, and Toyoda Gosei Co., Ltd., among others.
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