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Global Hydraulic Seals Market Outlook 2022
SKU ID : QYR-19854080 | Publishing Date : 05-Jan-2022 | No. of pages : 123
Hydraulic seals are widely adopted in industries because they have a significant advantage in providing leakage protection control. Adverse industrial conditions in process industries are increasing the harsh conditions faced by equipment and this has also contributed to an early wear out of material medium of equipment. Oilfield media and different environments in end-user industries limit the seal life and the performance of equipment. To assist industries in coping with the increasing harshness and also capture a fair amount of market share, vendors are designing seals with high-quality materials for them to be able to handle heavy-duty operations.
From the view of region, Asia-Pacific have a larger market share which account for 33%, and will witness a stable growth in following years. Europe and North America hold a market share of 32% and 29% will still play an important role which cannot be ignored. The key manufacturers are Freudenberg, Parker Hannifin, Trelleborg Group, SKF, NOK, GARLOCK, Chesterton, Hallite, James Walker, Kastas Sealing Technologies, Greene Tweed, UTEC, Hutchinson, Max Spare, Dingzing, Precision Associates Incorporated etc. Top 3 companies occupied about 28% market share.
The global Hydraulic Seals market was valued at US$ 4237.1 million in 2020 and is expected to reach US$ 5855.6 million by the end of 2027, growing at a CAGR of 4.7% during 2021-2027.
This report focuses on Hydraulic Seals volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Hydraulic Seals market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.
Global Hydraulic Seals Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Hydraulic Piston Seals
Hydraulic Rod Seals
Hydraulic Wiper Seals
Segment by Application
Automotive
Machinery
Aerospace
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Freudenberg
Parker Hannifin
Trelleborg Group
SKF
NOK
GARLOCK
Chesterton
Hallite
James Walker
Kastas Sealing Technologies
Greene Tweed
UTEC
Hutchinson
Max Spare
Dingzing
Precision Associates Incorporated
From the view of region, Asia-Pacific have a larger market share which account for 33%, and will witness a stable growth in following years. Europe and North America hold a market share of 32% and 29% will still play an important role which cannot be ignored. The key manufacturers are Freudenberg, Parker Hannifin, Trelleborg Group, SKF, NOK, GARLOCK, Chesterton, Hallite, James Walker, Kastas Sealing Technologies, Greene Tweed, UTEC, Hutchinson, Max Spare, Dingzing, Precision Associates Incorporated etc. Top 3 companies occupied about 28% market share.
The global Hydraulic Seals market was valued at US$ 4237.1 million in 2020 and is expected to reach US$ 5855.6 million by the end of 2027, growing at a CAGR of 4.7% during 2021-2027.
This report focuses on Hydraulic Seals volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Hydraulic Seals market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.
Global Hydraulic Seals Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Hydraulic Piston Seals
Hydraulic Rod Seals
Hydraulic Wiper Seals
Segment by Application
Automotive
Machinery
Aerospace
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Freudenberg
Parker Hannifin
Trelleborg Group
SKF
NOK
GARLOCK
Chesterton
Hallite
James Walker
Kastas Sealing Technologies
Greene Tweed
UTEC
Hutchinson
Max Spare
Dingzing
Precision Associates Incorporated
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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