Hydraulic Seals Market to Grow at a CAGR of 4.9% to reach US$ 5,770.71 Million from 2020 to 2027
The hydraulic seals market was valued at US$ 3,950.09 million in 2019 and is projected to reach US$ 5,770.71 million by 2027; it is expected to grow at a CAGR of 4.9% from 2020 to 2027.
Hydraulic seals are highly preferred by various end-user industries and are broadly used in hydraulic transmission systems. This is due to the numerous advantages offered by hydraulic sealing systems in providing efficient leakage protection control. Hydraulic seals are critical in machinery equipment. Process industries have unfavorable conditions that generally deteriorate the material of the equipment. These conditions have forced the vendors to manufacture hydraulic seals with high-quality materials that can withstand heavy-duty operations. Hydraulic seals are highly recognized for their excellent sealing ability in oil and pressure systems. Hydraulic seal prohibits dirt from entering any part of the internal mechanical system and thereby prevents contamination.
North America is estimated to register the fastest CAGR in the Hydraulic Seals market over the forecast period. Several domestic and multinational companies in the hydraulic seals market already have a strong foothold in North American countries like the U.S. and Canada. Hydraulic seals are employed throughout aircraft hydraulic systems to reduce the internal and external leakage of hydraulic fluid. They prevent the loss of system pressure. The increased utilization of hydraulics and pneumatics in aircraft systems has stimulated the aerospace industry's adoption of hydraulic seals. Manufacturers in the region are striving to provide innovative products to their customers and thereby to gain a huge share in the market. For instance, in 2020, Greene Tweed, a global manufacturer of high-performance seals located in the U.S, introduced its new L-Cap seal for hydraulic systems in aerospace applications. Made with proprietary Avalon PTFE, Arlon PEEK, and elastomer materials, the new L-Cap seal is anticipated to exceed industry standards for performance and durability, minimal fluid leakage, ensuring long service life, and excellent performance across a wide temperature range.
The ongoing COVID-19 pandemic has altered the status of the hydraulic seals industry. The chemical & materials is one of the major industries suffering serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns. As much as the outbreak has distorted operational efficiency and disrupted the value chains due to the sudden shutdown of national and international boundaries, it has also positively impacted the demand for hydraulic seals. However, as the economies are planning to revive their operations, the demand for hydraulic seals is expected to rise globally in the coming months. Although, the focus over just-in-time production is another factor hindering the hydraulic seals market growth. Also, the increasing prevalence of COVID-19 cases is likely to grow the demand for hydraulic seals during the forecast period. Further, significant investments by prominent companies in the development of advanced products is, yet, another factor supporting the market growth
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Hydraulic Seals Market: Strategic Insights
Market Size Value in US$ 3,950.09 Million in 2019 Market Size Value by US$ 5,770.71 Million by 2027 Growth rate CAGR of 4.9% from 2020-2027 Forecast Period 2020-2027 Base Year 2020
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Hydraulic Seals Market: Strategic Insights
Market Size Value in | US$ 3,950.09 Million in 2019 |
Market Size Value by | US$ 5,770.71 Million by 2027 |
Growth rate | CAGR of 4.9% from 2020-2027 |
Forecast Period | 2020-2027 |
Base Year | 2020 |
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Innovations in Hydraulic Seals Industry
Key players in hydraulic seals market are designing innovative seals with high-quality materials and also to capture a fair amount of market share. The hydraulic seals market consists of several well-established players. Moreover, these companies are also offering innovative hydraulic seals to their customers. For instance, In February 2019, Parker Hannifin Corp launched a new taiyo compact hydraulic seal, which protects the primary hydraulic cylinder by decreasing the chance of the piston contacting the body. In September 2018, Trelleborg Group developed innovative materials for hydraulic seals, and these seals can be utilized to secure high performance cylinders under critical conditions. In February 2018, SKF introduced Scotseal X-Treme, a customized seal that can be exploited in several lightweight applications. Likewise, in 2020, Greene Tweed, a global manufacturer of high-performance seals located in the U.S, introduced its new L-Cap seal for hydraulic systems in aerospace applications. Made with proprietary Arlon PEEK, Avalon PTFE, and elastomer materials, the new L-Cap seal is anticipated to exceed industry standards for performance and durability, minimal fluid leakage, ensuring long service life, and excellent performance across a wide temperature range. Furthermore, with the rising need for efficient leakage protection in hydraulic cylinders, the hydraulic seals market is anticipated to witness numerous new entrants in the near future. In order to survive in the competition and retain market share, major players are focusing on offering personalized solutions to their clients, along with expanding their services.
Product-Based Insights
The hydraulic seals market, based on product, is segmented into wiper seals, piston seals, rod seals, buffer seals, and others. The piston seals segment is considered to be one of the lucrative segments in the hydraulic seals market and is expected to grow at the fastest rate in the forecasted period. Piston seals are also known as piston rings and are usually categorized as single acting (pressure acting on one side only) and double acting (pressure acting on both sides) seals. Piston seals maintain contact with the seal in a sliding motion between the piston and the cylinder bore. Differential forces acting on a piston for the extension or retraction of the piston rod may be more than 400 bar (5 800 psi). The pressure acting on the seal of the piston raises the contact forces between the piston seal and the surface of the cylinder. Hence, the surface properties of the sealing surfaces are crucial to the proper seal efficiency
Application -Based Insights
The hydraulic seals market, based on application, is segmented into automotive, aerospace, agriculture, chemical, marine, and others. The automotive segment is considered to be one of the lucrative segments in the hydraulic seals market and is expected to grow at the fastest rate in the forecasted period. Hydraulic seals have many interesting uses in the automotive industry. Most significant work is focused on the theory of hydraulics. Power steering, shock absorbers, windshields, and brakes are typical applications of hydraulics in automobiles. Moreover, in the automotive industry, hydraulic seals are used to prevent leakage, exclude contaminants, contain pressure, or reduce friction. Hydraulic action necessary in automobiles depends on O-rings (hydraulic seals). Here the seals act as generators of energetic material for the hydraulic activity of the wipers. Further, the O-rings hydraulic seals are used for braking circuits, lubricant circuits, and air-conditioning systems. Furthermore, increased use of hydraulic seals in electric and light commercial vehicles to meet strict emission regulations is expected to boost demand for hydraulic seals during the forecast period.
A few key players operating in the global hydraulic seals market are Freudenberg Sealing Technologies, Parker Hannifin Corp, Trelleborg Sealing Solutions, SKF, and A.W. Chesterton Company. Major market players are focused on strategies such as mergers and acquisitions, and product launches to increase their geographical presence and consumer base globally.
Hydraulic Seals Market Report Scope
Report Spotlights
- Progressive industry trends in the hydraulic seals market help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the hydraulic seals market from 2017 to 2027
- Estimation of hydraulic seals demand across various industries
- PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
- Recent developments to understand the competitive market scenario and hydraulic seals demand
- Market trends and outlook coupled with factors driving and restraining the growth of the hydraulic seals market
- Understanding of strategies that underpin commercial interest with regard to hydraulic seals market growth, which facilitates decision-making process for stakeholders
- Hydraulic seals market size at various nodes of market
- Detailed overview and segmentation of the hydraulic seals market, as well as its dynamics in the industry
Global Hydraulic Seals Market – by Product
- Wiper Seals
- Piston Seals
- Rod Seals
- Buffer Seals
- Others
Global Hydraulic Seals Market – by Application
- Automotive
- Aerospace
- Agriculture
- Chemical
- Marine
- Others
Company Profiles
- AccroSeal
- A.W. Chesterton Company
- All Seals Inc.
- Freudenberg Sealing Technologies
- James Walker
- Kastas Sealing Technologies
- Parker Hannifin Corp
- SealTeam Australia
- SKF
- Trelleborg Group
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product and End-User Industry
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
Rod Seals are the sealing devices used to impede fluid leakage from the cylinder and maintain the movement between the piston head and the cylinder head. These types of seals are primarily used in fluid power plants and in hydraulic cylinders to seal the system pressure. They are the essential seals in any form of the fluid power plant. In most fluid power systems, the proper sealing effect or proper functioning of the rod seals is one parameter for decision-making efficiency and effectiveness. Hence, rod seals are one of the most important components of the sealing system, given that any failure to perform them can have a significant effect on the performance of the entire equipment. In addition to all factors applicable to piston seals, non-performance rod seals can contribute to a loss of fluid, which may also affect the environment. These types of seals are used on piston rods, which are attached to the cylinders. Rod seals can be used within hydraulic or pneumatic cylinders. Many kinds of rod seals are available in the market, such as hydraulic rod seals, pneumatic rod seals, U seal backups, custom designed rod seals, and others.
The major players operating in the global hydraulic seals market are AccroSeal, A.W. Chesterton Company, All Seals Inc., Freudenberg Sealing Technologies, James Walker, Kastas Sealing Technologies, Parker Hannifin Corp, SealTeam Australia, SKF, and Trelleborg Group among others.
In 2019, Asia Pacific held the largest share of the global hydraulic seals market. The increasing industrialization and urbanization lead to the dominancy of the region in the hydraulic seals market. Attributed to the APAC region's flourishing economic conditions, there has been a spur in the region's industrial activities. The exponential growth in the industrial sector, including aerospace, automotive, marine, agricultural, and others, has influenced hydraulic seals systems' demand. Currently, the oil and gas industry is expanding in the APAC region. According to the IOGP’s Global Production Report 2019, oil and gas demand is at the peak in Asia Pacific countries. Similarly, the equipment to be used in the sector is also in high demand. The equipment should have excellent seals that will prevent oil from leaking. Hydraulic seals are critical in preventing leakage of gas in a cylinder. The linear motion of oil through a hydraulic cylinder also depends on these seals to generate the required pressure.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Hydraulic Seals Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Expert Opinion
5. Hydraulic Seals Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Adoption of Hydraulic Cylinders Across Various End-User Industries
5.1.2 Advantages Offered by Hydraulic Seals
5.2 Market Restraints
5.2.1 Adoption of Adhesives and Sealants Instead of Hydraulic Seals
5.3 Market Opportunities
5.3.1 Tremendous Increase in the Construction and Infrastructural Activities
5.4 Future Trends
5.4.1 Innovations in Hydraulic Seals Industry
5.5 Impact Analysis Of Drivers And Restraints
6. Hydraulic Seals – Global Market Analysis
6.1 Hydraulic Seals Market Overview
6.2 Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Key Market Players
7. Hydraulic Seals Market Analysis – By Product
7.1 Overview
7.2 Hydraulic Seals Market, By Product (2019 and 2027)
7.3 Wiper Seals
7.3.1 Overview
7.3.1.1 Wiper Seals : Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
7.4 Piston Seals
7.4.1 Overview
7.4.1.1 Piston Seals : Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
7.5 Rod Seals
7.5.1 Overview
7.5.1.1 Rod Seals : Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
7.6 Buffer Seals
7.6.1 Overview
7.6.1.1 Buffer Seals : Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.1.1 Others: Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
8. Hydraulic Seals Market Analysis – By End User Industry
8.1 Overview
8.2 Hydraulic Seals Market, By End User Industry (2019 and 2027)
8.3 Automotive
8.3.1 Overview
8.3.1.1 Automotive : Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
8.4 Aerospace
8.4.1 Overview
8.4.1.1 Aerospace: Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
8.5 Agriculture
8.5.1 Overview
8.5.1.1 Agriculture: Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
8.6 Chemical
8.6.1 Overview
8.6.1.1 Chemical: Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
8.7 Marine
8.7.1 Overview
8.7.1.1 Marine: Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
8.8 Others
8.8.1 Overview
8.8.1.1 Others: Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
9. Hydraulic Seals Market – Geographic Analysis
9.1 Overview
9.2 North America: Hydraulic Seals Market
9.2.1 North America: Hydraulic Seals Market –Revenue and Forecast to 2027(US$ Million)
9.2.2 North America: Hydraulic Seals Market, by Product
9.2.3 North America: Hydraulic Seals Market, by End-User Industry
9.2.4 North America: Hydraulic Seals Market, by Key Country
9.2.4.1 US: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
9.2.4.1.1 US: Hydraulic Seals Market, by Product
9.2.4.1.2 US: Hydraulic Seals Market, by End-User Industry
9.2.4.2 Canada: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
9.2.4.2.1 Canada: Hydraulic Seals Market, by Product
9.2.4.2.2 Canada: Hydraulic Seals Market, by End-User Industry
9.2.4.3 Mexico: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
9.2.4.3.1 Mexico: Hydraulic Seals Market, by Product
9.2.4.3.2 Mexico: Hydraulic Seals Market, by End-User Industry
9.3 Europe: Hydraulic Seals Market
9.3.1 Europe: Hydraulic Seals Market –Revenue and Forecast to 2027(US$ Million)
9.3.2 Europe: Hydraulic Seals Market, by Product
9.3.3 Europe: Hydraulic Seals Market, by End-User Industry
9.3.4 Europe: Hydraulic Seals Market, by Key Country
9.3.4.1 Germany: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
9.3.4.1.1 Germany: Hydraulic Seals Market, by Product
9.3.4.1.2 Germany: Hydraulic Seals Market, by End-User Industry
9.3.4.2 France: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
9.3.4.2.1 France: Hydraulic Seals Market, by Product
9.3.4.2.2 France: Hydraulic Seals Market, by End-User Industry
9.3.4.3 Italy: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
9.3.4.3.1 Italy: Hydraulic Seals Market, by Product
9.3.4.3.2 Italy: Hydraulic Seals Market, by End-User Industry
9.3.4.3.3 United Kingdom: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
9.3.4.3.4 United Kingdom: Hydraulic Seals Market, by Product
9.3.4.3.5 United Kingdom: Hydraulic Seals Market, by End-User Industry
9.3.4.4 Russia: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
9.3.4.4.1 Russia: Hydraulic Seals Market, by Product
9.3.4.4.2 Russia: Hydraulic Seals Market, by End-User Industry
9.3.4.5 Rest of Europe: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
9.3.4.5.1 Rest of Europe: Hydraulic Seals Market, by Product
9.3.4.5.2 Rest of Europe: Hydraulic Seals Market, by End-User Industry
9.4 Asia Pacific: Hydraulic Seals Market
9.4.1 Asia Pacific: Hydraulic Seals Market –Revenue and Forecast to 2027(US$ Million)
9.4.2 Asia Pacific: Hydraulic Seals Market, by Product
9.4.3 Asia Pacific: Hydraulic Seals Market, by End-User Industry
9.4.4 Asia Pacific: Hydraulic Seals Market, by Key Country
9.4.4.1 Australia: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
9.4.4.1.1 Australia: Hydraulic Seals Market, by Product
9.4.4.1.2 Australia: Hydraulic Seals Market, by End-User Industry
9.4.4.2 China: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
9.4.4.2.1 China: Hydraulic Seals Market, by Product
9.4.4.2.2 China: Hydraulic Seals Market, by End-User Industry
9.4.4.3 India: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
9.4.4.3.1 India: Hydraulic Seals Market, by Product
9.4.4.3.2 India: Hydraulic Seals Market, by End-User Industry
9.4.4.4 Japan: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
9.4.4.4.1 Japan: Hydraulic Seals Market, by Product
9.4.4.4.2 Japan: Hydraulic Seals Market, by End-User Industry
9.4.4.5 South Korea: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
9.4.4.5.1 South Korea: Hydraulic Seals Market, by Product
9.4.4.5.2 South Korea: Hydraulic Seals Market, by End-User Industry
9.4.4.6 Rest of Asia Pacific: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
9.4.4.6.1 Rest of Asia Pacific: Hydraulic Seals Market, by Product
9.4.4.6.2 Rest of Asia Pacific: Hydraulic Seals Market, by End-User Industry
9.5 Middle East and Africa: Hydraulic Seals Market
9.5.1 Middle East and Africa: Hydraulic Seals Market –Revenue and Forecast to 2027(US$ Million)
9.5.2 Middle East and Africa: Hydraulic Seals Market, by Product
9.5.3 Middle East and Africa: Hydraulic Seals Market, by End-User Industry
9.5.4 Middle East and Africa: Hydraulic Seals Market, by Key Country
9.5.4.1 South Africa: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
9.5.4.1.1 South Africa: Hydraulic Seals Market, by Product
9.5.4.1.2 South Africa: Hydraulic Seals Market, by End-User Industry
9.5.4.2 Saudi Arabia: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
9.5.4.2.1 Saudi Arabia: Hydraulic Seals Market, by Product
9.5.4.2.2 Saudi Arabia: Hydraulic Seals Market, by End-User Industry
9.5.4.3 UAE: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
9.5.4.3.1 UAE: Hydraulic Seals Market, by Product
9.5.4.3.2 UAE: Hydraulic Seals Market, by End-User Industry
9.5.4.4 Rest of MEA: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
9.5.4.4.1 Rest of MEA: Hydraulic Seals Market, by Product
9.5.4.4.2 Rest of MEA: Hydraulic Seals Market, by End-User Industry
9.6 South America: Hydraulic Seals Market
9.6.1 South America: Hydraulic Seals Market –Revenue and Forecast to 2027(US$ Million)
9.6.2 South America: Hydraulic Seals Market, by Product
9.6.3 South America: Hydraulic Seals Market, by End-User Industry
9.6.4 South America: Hydraulic Seals Market, by Key Country
9.6.4.1 Brazil: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
9.6.4.1.1 Brazil: Hydraulic Seals Market, by Product
9.6.4.1.2 Brazil: Hydraulic Seals Market, by End-User Industry
9.6.4.2 Argentina: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
9.6.4.2.1 Argentina: Hydraulic Seals Market, by Product
9.6.4.2.2 Argentina: Hydraulic Seals Market, by End-User Industry
9.6.4.3 Rest of South America: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
9.6.4.3.1 Rest of South America: Hydraulic Seals Market, by Product
9.6.4.3.2 Rest of South America: Hydraulic Seals Market, by End-User Industry
10. Impact of COVID-19 Pandemic on Global Hydraulic Seals Market
10.1 Overview
10.2 North America: Impact Assessment of COVID-19 Pandemic
10.3 Europe: Impact Assessment of COVID-19 Pandemic
10.4 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
10.5 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
10.6 South America: Impact Assessment of COVID-19 Pandemic
11. Company Profiles
11.1 A.W. Chesterton Company
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.2 All Seals Inc.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.3 Freudenberg Sealing Technologies
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.4 James Walker
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.5 Kastas Sealing Technologies A.S.
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.6 SealTeam Australia
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.7 SKF
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.8 Trelleborg AB
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products And Services
11.8.4 Financial Overview
11.8.5 Swot Analysis
11.8.6 Key Developments
11.9 AccroSeal
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products And Services
11.9.4 Financial Overview
11.9.5 Swot Analysis
11.10 Parker Hannifin Corporation
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 Swot Analysis
12. Appendix
12.1 About The Insight Partners
12.2 Word Index
LIST OF TABLES
Table 1. Hydraulic Seals Market –Revenue and Forecast to 2027 (USD Million)
Table 2. North America Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 3. North America Hydraulic Seals Market, by End-User Industry– Revenue and Forecast to 2027 (USD Million)
Table 4. US Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 5. US Hydraulic Seals Market, by End-User Industry– Revenue and Forecast to 2027 (USD Million)
Table 6. Canada Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 7. Canada Hydraulic Seals Market, by End-User Industry – Revenue and Forecast to 2027 (USD Million)
Table 8. Mexico Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 9. Mexico Hydraulic Seals Market, by End-User Industry – Revenue and Forecast to 2027 (USD Million)
Table 10. Europe Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 11. Europe Hydraulic Seals Market, by End-User Industry– Revenue and Forecast to 2027 (USD Million)
Table 12. Germany Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 13. Germany Hydraulic Seals Market, by End-User Industry– Revenue and Forecast to 2027 (USD Million)
Table 14. France Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 15. France Hydraulic Seals Market, by End-User Industry – Revenue and Forecast to 2027 (USD Million)
Table 16. Italy Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 17. Italy Hydraulic Seals Market, by End-User Industry – Revenue and Forecast to 2027 (USD Million)
Table 18. United Kingdom Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 19. United Kingdom Hydraulic Seals Market, by End-User Industry – Revenue and Forecast to 2027 (USD Million)
Table 20. Russia Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 21. Russia Hydraulic Seals Market, by End-User Industry – Revenue and Forecast to 2027 (USD Million)
Table 22. Rest of Europe Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 23. Rest of Europe Hydraulic Seals Market, by End-User Industry – Revenue and Forecast to 2027 (USD Million)
Table 24. Asia Pacific Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 25. Asia Pacific Hydraulic Seals Market, by End-User Industry– Revenue and Forecast to 2027 (USD Million)
Table 26. Australia Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 27. Australia Hydraulic Seals Market, by End-User Industry– Revenue and Forecast to 2027 (USD Million)
Table 28. China Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 29. China Hydraulic Seals Market, by End-User Industry – Revenue and Forecast to 2027 (USD Million)
Table 30. India Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 31. India Hydraulic Seals Market, by End-User Industry – Revenue and Forecast to 2027 (USD Million)
Table 32. Japan Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 33. Japan Hydraulic Seals Market, by End-User Industry – Revenue and Forecast to 2027 (USD Million)
Table 34. South Korea Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 35. South Korea Hydraulic Seals Market, by End-User Industry – Revenue and Forecast to 2027 (USD Million)
Table 36. Rest of Asia Pacific Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 37. Rest of Asia Pacific Hydraulic Seals Market, by End-User Industry – Revenue and Forecast to 2027 (USD Million)
Table 38. Middle East and Africa Hydraulic Seals Market, by Form– Revenue and Forecast to 2027 (USD Million)
Table 39. Middle East and Africa Hydraulic Seals Market, by End-User Industry– Revenue and Forecast to 2027 (USD Million)
Table 40. South Africa Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 41. South Africa Hydraulic Seals Market, by End-User Industry– Revenue and Forecast to 2027 (USD Million)
Table 42. Saudi Arabia Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 43. Saudi Arabia Hydraulic Seals Market, by End-User Industry – Revenue and Forecast to 2027 (USD Million)
Table 44. UAE Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 45. UAE Hydraulic Seals Market, by End-User Industry – Revenue and Forecast to 2027 (USD Million)
Table 46. Rest of MEA Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 47. Rest of MEA Hydraulic Seals Market, by End-User Industry – Revenue and Forecast to 2027 (USD Million)
Table 48. South America Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 49. South America Hydraulic Seals Market, by End-User Industry– Revenue and Forecast to 2027 (USD Million)
Table 50. Brazil Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 51. Brazil Hydraulic Seals Market, by End-User Industry– Revenue and Forecast to 2027 (USD Million)
Table 52. Argentina Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 53. Argentina Hydraulic Seals Market, by End-User Industry – Revenue and Forecast to 2027 (USD Million)
Table 54. Rest of South America Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 55. Rest of South America Hydraulic Seals Market, by End-User Industry – Revenue and Forecast to 2027 (USD Million)
Table 56. List of Abbreviation
LIST OF FIGURES
Figure 1. Hydraulic Seals Market Segmentation
Figure 2. Hydraulic Seals Market Segmentation – By Geography
Figure 3. Global Hydraulic Seals Market Overview
Figure 4. Rod Seals Segment Held Largest Share of Global Hydraulic Seals Market
Figure 5. Asia Pacific Held Largest Share of Global Hydraulic Seals Market
Figure 6. Global Hydraulic Seals Market, Industry Landscape
Figure 7. Hydraulic Seals Market Impact Analysis Of Driver And Restraints
Figure 8. Geographic Overview of Hydraulic Seals Market
Figure 9. Global: Hydraulic Seals Market – Revenue and Forecast to 2027 (US$ Million)
Figure 10. Hydraulic Seals Market Revenue Share, by Product (2019 and 2027)
Figure 11. Wiper Seals : Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 12. Piston Seals : Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 13. Rod Seals : Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 14. Buffer Seals : Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 15. Others: Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 16. Hydraulic Seals Market Revenue Share, by End User Industry (2019 and 2027)
Figure 17. Automotive: Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 18. Aerospace : Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 19. Agriculture: Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 20. Chemical: Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 21. Marine: Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 22. Others: Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 23. Global Hydraulic Seals Market Revenue Share, by Region (2019 and 2027)
Figure 24. North America: Hydraulic Seals Market – Revenue and Forecast to 2027 (US$ Million)
Figure 25. North America: Hydraulic Seals Market Revenue Share, by Product (2019 and 2027)
Figure 26. North America: Hydraulic Seals Market Revenue Share, by End-User Industry (2019 and 2027)
Figure 27. North America: Hydraulic Seals Market Revenue Share, by Key Country (2019 and 2027)
Figure 28. US: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
Figure 29. Canada: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
Figure 30. Mexico: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
Figure 31. Europe: Hydraulic Seals Market – Revenue and Forecast to 2027 (US$ Million)
Figure 32. Europe: Hydraulic Seals Market Revenue Share, by Product (2019 and 2027)
Figure 33. Europe: Hydraulic Seals Market Revenue Share, by End-User Industry (2019 and 2027)
Figure 34. Europe: Hydraulic Seals Market Revenue Share, by Key Country (2019 and 2027)
Figure 35. Germany: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
Figure 36. France: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
Figure 37. Italy: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
Figure 38. United Kingdom: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
Figure 39. Russia: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
Figure 40. Rest of Europe: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
Figure 41. Asia Pacific: Hydraulic Seals Market – Revenue and Forecast to 2027 (US$ Million)
Figure 42. Asia Pacific: Hydraulic Seals Market Revenue Share, by Product (2019 and 2027)
Figure 43. Asia Pacific: Hydraulic Seals Market Revenue Share, by End-User Industry (2019 and 2027)
Figure 44. Asia Pacific: Hydraulic Seals Market Revenue Share, by Key Country (2019 and 2027)
Figure 45. Australia: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
Figure 46. China: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
Figure 47. India: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
Figure 48. Japan: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
Figure 49. South Korea: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
Figure 50. Rest of Asia Pacific: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
Figure 51. Middle East and Africa: Hydraulic Seals Market – Revenue and Forecast to 2027 (US$ Million)
Figure 52. Middle East and Africa: Hydraulic Seals Market Revenue Share, by Product (2019 and 2027)
Figure 53. Middle East and Africa: Hydraulic Seals Market Revenue Share, by End-User Industry (2019 and 2027)
Figure 54. Middle East and Africa: Hydraulic Seals Market Revenue Share, by Key Country (2019 and 2027)
Figure 55. South Africa: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
Figure 56. Saudi Arabia: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
Figure 57. UAE: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
Figure 58. Rest of MEA: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
Figure 59. South America: Hydraulic Seals Market – Revenue and Forecast to 2027 (US$ Million)
Figure 60. South America: Hydraulic Seals Market Revenue Share, by Product (2019 and 2027)
Figure 61. South America: Hydraulic Seals Market Revenue Share, by End-User Industry (2019 and 2027)
Figure 62. South America: Hydraulic Seals Market Revenue Share, by Key Country (2019 and 2027)
Figure 63. Brazil: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
Figure 64. Argentina: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
Figure 65. Rest of South America: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
Figure 66. Impact of COVID-19 Pandemic in North American Country Markets
Figure 67. Impact of COVID-19 Pandemic In Europe Country Markets
Figure 68. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 69. Impact of COVID-19 Pandemic in Middle East And Africa Country Markets
Figure 70. Impact of COVID-19 Pandemic In South America Country Markets
The List of Companies - Hydraulic Seals Market
- AccroSeal
- A.W. Chesterton Company
- All Seals Inc.
- Freudenberg Sealing Technologies
- James Walker
- Kastas Sealing Technologies
- Parker Hannifin Corp
- SealTeam Australia
- SKF
- Trelleborg Group
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.