Europe Machined Seals Market - Industry Trends and Forecast to 2030

Description

List of Tables

Europe machined seals market is projected to register a 4.1% CAGR in the forecast period of 2021 to 2030. The new market report contains data for the historic year 2021, the base year of calculation is 2022, and the forecast period is 2023 to 2030.

Market Segmentation:

Europe Machined Seals Market, By Type (Fluid Power Seals, Power Transmission Seals, and Large Diameter Seals), Product Type (Rod Seals, Piston Seals, Wiper Seals, Static Seals, Rotary Seals, Special Seals, Guide Rings, and Back up Rings), Material (Polytetrafluoroethylene (PTFE), Viton, Polyurethane (PU), Rubber, Metal, Elastomers, Thermoplastics, and Others), Application (Aerospace & Defense, Automotive Industry, Chemical Processing, Machined Tools, Construction, Industrial Turbines, Flow Control, Life Sciences, New Energies, Nuclear Industry, Oil & Gas, Pumps, Semiconductors, Sensors, Valves, Packaging and Materials, and Food & Beverages), Sales Channel (Manufacturers, Distributors, and Aftermarket), Country (Germany, France, Italy, U.K., Spain, Russia, Switzerland, Turkey, Belgium, Netherlands, Denmark, Sweden, Poland, Norway, Finland, and Rest of Europe) Industry Trends and Forecast to 2030.

Some of the major factors contributing to the growth of Europe machined seals market:

The increasing demand for machined seals from various industries such as oil and gas, power generation, chemicals, and others

The rising investments by key players in research and development activities are likely to result in innovations and new product launches

Market Players:

The key players operating in the Europe machined seals market are:

Technetics Group

Hallite Seals

OZ SEALS PTY LTD

France Joint

FPE Seals Ltd

STACEM

M.Barnwell Services Limited

Martin Fluid Power Company, Inc., MFP Seals

Ashton Seals Ltd

Picard Technologies

Evolution Seals Ltd.

PARKER HANNIFIN CORP

SKF

Freudenberg FST GmbH

SAINT-GOBAIN

1 INTRODUCTION 29

1.1 OBJECTIVES OF THE STUDY 29
1.2 MARKET DEFINITION 29
1.3 OVERVIEW OF THE EUROPE MACHINED SEALS MARKET 29
1.4 LIMITATIONS 31
1.5 MARKETS COVERED 31

2 MARKET SEGMENTATION 35

2.1 MARKETS COVERED 35
2.2 GEOGRAPHICAL SCOPE 36
2.3 YEARS CONSIDERED FOR THE STUDY 37
2.4 CURRENCY AND PRICING 37
2.5 DBMR TRIPOD DATA VALIDATION MODEL 38
2.6 TYPE LIFELINE CURVE 41
2.7 MULTIVARIATE MODELING 42
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 43
2.9 DBMR MARKET POSITION GRID 44
2.10 MARKET APPLICATION COVERAGE GRID 45
2.11 DBMR MARKET CHALLENGE MATRIX 46
2.12 DBMR VENDOR SHARE ANALYSIS 47
2.13 SECONDARY SOURCES 48
2.14 ASSUMPTIONS 49

3 EXECUTIVE SUMMARY 50

4 PREMIUM INSIGHTS 52

4.1 PESTLE ANALYSIS 53
- 4.1.1 POLITICAL FACTORS 53
- 4.1.2 ECONOMIC FACTORS 53
- 4.1.3 SOCIAL FACTORS 54
- 4.1.4 TECHNOLOGICAL FACTORS 54
- 4.1.5 LEGAL FACTORS 54
- 4.1.6 ENVIRONMENTAL FACTORS 54
- 4.1.7 CONCLUSION 54
4.2 PORTER'S FIVE FORCES: 55
- 4.2.1 THREAT OF NEW ENTRANTS: 55
- 4.2.2 THREAT OF SUBSTITUTES: 55
- 4.2.3 CUSTOMER BARGAINING POWER: 56
- 4.2.4 SUPPLIER BARGAINING POWER: 56
- 4.2.5 INTERNAL COMPETITION (RIVALRY): 56
4.3 GROWTH STRATEGIES ADOPTED BY KEY MARKET PLAYERS 57
4.4 IMPORT EXPORT SCENARIO 58
4.5 INDUSTRY TRENDS AND FUTURE PERSPECTIVE 59
4.6 PRODUCTION AND CONSUMPTION ANALYSIS 60
4.7 RAW MATERIAL PRODUCTION COVERAGE 60
4.8 SUPPLY CHAIN ANALYSIS 63
- 4.8.1 RAW MATERIAL PROCUREMENT 63
- 4.8.2 MANUFACTURING AND PACKING 63
- 4.8.3 MARKETING AND DISTRIBUTION 63
- 4.8.4 END USERS 64
4.9 TECHNOLOGICAL ADVANCEMENT BY MANUFACTURERS 65
4.10 VENDOR SELECTION CRITERIA 66
4.11 REGULATION COVERAGE 67

5 MARKET OVERVIEW 69

5.1 DRIVERS 71
- 5.1.1 INCREASE IN THE DEMAND FROM THE AUTOMOTIVE INDUSTRY FOR MACHINED SEALS 71
- 5.1.2 THE INCREASE IN THE DEMAND FOR MACHINED SEALS FROM VARIOUS INDUSTRIES SUCH AS OIL AND GAS, POWER GENERATION, CHEMICALS, AND OTHERS 72
- 5.1.3 THE GROWTH IN THE ADOPTION OF CUSTOMIZED ELASTOMERIC SEALS 73
5.2 RESTRAINTS 74
- 5.2.1 THE RISE IN THE ADOPTION OF SEAL-LESS DRIVING SHAFTS 74
- 5.2.2 PRICE VOLATILITY OF RAW MATERIALS 74
5.3 OPPORTUNITIES 75
- 5.3.1 THE RISE IN THE INVESTMENTS BY KEY PLAYERS IN RESEARCH AND DEVELOPMENT ACTIVITIES ARE LIKELY TO RESULT IN INNOVATIONS AND NEW PRODUCT LAUNCHES 75
- 5.3.2 THE GROWTH IN THE AWARENESS OF THE BENEFITS OFFERED BY MACHINED SEALS 76
5.4 CHALLENGES 77
- 5.4.1 IMPROPER INSTALLATION, START-UP, AND LACK OF MAINTENANCE WEAR DOWN SEALS 77
- 5.4.2 DIFFICULTIES FACED BY MANUFACTURERS IN CUSTOMIZED PRODUCTS 78

6 EUROPE MACHINED SEALS MARKET, BY TYPE 79

6.1 OVERVIEW 80
6.2 FLUID POWER SEALS 81
6.3 POWER TRANSMISSION SEALS 81
6.4 LARGE DIAMETER SEALS 82

7 EUROPE MACHINED SEALS MARKET, BY PRODUCT TYPE 83

7.1 OVERVIEW 84
7.2 PISTON SEALS 85
7.3 ROTARY SEALS 85
7.4 ROD SEALS 86
7.5 STATIC SEALS 86
7.6 SPECIAL SEALS 86
7.7 GUIDE RINGS 87
7.8 BACKUP-UP RINGS 87
7.9 WIPER SEALS 88

8 EUROPE MACHINED SEALS MARKET, BY MATERIAL 89

8.1 OVERVIEW 90
8.2 RUBBER 91
8.3 POLYTETRAFLUORIETHYLENE (PTFE) 91
8.4 METAL 92
8.5 POLYURETHANE (PU) 92
8.6 VITON 93
8.7 THERMOPLASTICS 93
8.8 ELASTOMERS 94
8.9 OTHERS 94

9 EUROPE MACHINED SEALS MARKET, BY SALES CHANNEL 95

9.1 OVERVIEW 96
9.2 MANUFACTURERS 97
9.3 DISTRIBUTORS 97
9.4 AFTERMARKET 98

10 EUROPE MACHINED SEALS MARKET, BY APPLICATION 99

10.1 OVERVIEW 100
10.2 AUTOMOTIVE INDUSTRY 101
- 10.2.1 TWO-WHEELERS 102
- 10.2.2 LIGHT VEHICLES 102
- 10.2.3 CARS 102
- 10.2.4 HEAVY VEHICLES 102
10.3 AEROSPACE & DEFENSE 102
- 10.3.1 COMMERCIAL AIRCRAFT 103
- 10.3.2 PASSENGER AIRCRAFT 103
- 10.3.3 DEFENSE & MILITARY 103
- 10.3.4 SPACE LAUNCH SYSTEM (SLS) 103
- 10.3.5 SPACE SHUTTLE 103
10.4 INDUSTRIAL TURBINES 103
10.5 MACHINED TOOLS 104
10.6 CHEMICAL PROCESSING 104
10.7 CONSTRUCTION 105
10.8 OIL & GAS 105
10.9 FOOD & BEVERAGES 106
10.10 PUMPS 106
10.11 NEW ENERGIES 106
10.12 NUCLEAR INDUSTRY 107
10.13 LIFE SCIENCES 107
10.14 SEMICONDUCTORS 108
10.15 SENSORS 108
10.16 FLOW CONTROL 109
10.17 VALVES 109
10.18 PACKAGING AND MATERIALS 110

11 EUROPE MACHINED SEALS MARKET, BY REGION 111

11.1 EUROPE 112
- 11.1.1 GERMANY 120
- 11.1.2 ITALY 123
- 11.1.3 FRANCE 126
- 11.1.4 U.K. 129
- 11.1.5 SPAIN 132
- 11.1.6 RUSSIA 135
- 11.1.7 TURKEY 138
- 11.1.8 BELGIUM 141
- 11.1.9 NETHERLANDS 144
- 11.1.10 SWITZERLAND 147
- 11.1.11 DENMARK 150
- 11.1.12 SWEDEN 153
- 11.1.13 POLAND 156
- 11.1.14 NORWAY 159
- 11.1.15 FINLAND 162
- 11.1.16 REST OF EUROPE 165

12 EUROPE MACHINED SEALS MARKET, COMPANY LANDSCAPE 166

12.1 COMPANY SHARE ANALYSIS: EUROPE 166
12.2 MERGERS & ACQUISITIONS 167
12.3 EXPANSIONS 168
12.4 AGREEMENT 168
12.5 NEW PRODUCT DEVELOPMENTS 169

13 SWOT ANALYSIS 170

14 COMPANY PROFILES 171

14.1 SKF 171
- 14.1.1 COMPANY SNAPSHOT 171
- 14.1.2 REVENUE ANALYSIS 171
- 14.1.3 COMPANY SHARE ANALYSIS 172
- 14.1.4 PRODUCT PORTFOLIO 172
- 14.1.5 RECENT DEVELOPMENT 173
14.2 PARKER HANNIFIN CORP 174
- 14.2.1 COMPANY SNAPSHOT 174
- 14.2.2 REVENUE ANALYSIS 174
- 14.2.3 COMPANY SHARE ANALYSIS 175
- 14.2.4 PRODUCT PORTFOLIO 175
- 14.2.5 RECENT DEVELOPMENT 175
14.3 FREUDENBERG FST GMBH 176
- 14.3.1 COMPANY SNAPSHOT 176
- 14.3.2 REVENUE ANALYSIS 176
- 14.3.3 COMPANY SHARE ANALYSIS 177
- 14.3.4 PRODUCT PORTFOLIO 177
- 14.3.5 RECENT DEVELOPMENTS 178
14.4 SAINT-GOBAIN 179
- 14.4.1 COMPANY SNAPSHOT 179
- 14.4.2 REVENUE ANALYSIS 179
- 14.4.3 COMPANY SHARE ANALYSIS 180
- 14.4.4 PRODUCT PORTFOLIO 180
- 14.4.5 RECENT DEVELOPMENT 181
14.5 TECHNETICS GROUP. 182
- 14.5.1 COMPANY SNAPSHOT 182
- 14.5.2 PRODUCT PORTFOLIO 182
- 14.5.3 RECENT DEVELOPMENT 182
14.6 HALLITE SEALS 183
- 14.6.1 COMPANY SNAPSHOT 183
- 14.6.2 PRODUCT PORTFOLIO 183
- 14.6.3 RECENT DEVELOPMENTS 184
14.7 ACCROSEAL 185
- 14.7.1 COMPANY SNAPSHOT 185
- 14.7.2 PRODUCT PORTFOLIO 185
- 14.7.3 RECENT DEVELOPMENT 185
14.8 AMPHORA INDUSTRIES PTY LTD 186
- 14.8.1 COMPANY SNAPSHOT 186
- 14.8.2 PRODUCT PORTFOLIO 186
- 14.8.3 RECENT DEVELOPMENTS 187
14.9 ASHTON SEALS LTD 188
- 14.9.1 COMPANY SNAPSHOT 188
- 14.9.2 PRODUCT PORTFOLIO 188
- 14.9.3 RECENT DEVELOPMENTS 189
14.10 EVOLUTION SEALS LTD. 190
- 14.10.1 COMPANY SNAPSHOT 190
- 14.10.2 PRODUCT PORTFOLIO 190
- 14.10.3 RECENT DEVELOPMENT 190
14.11 FRANCE JOINT 191
- 14.11.1 COMPANY SNAPSHOT 191
- 14.11.2 PRODUCT PORTFOLIO 191
- 14.11.3 RECENT DEVELOPMENT 191
14.12 FPE SEALS LTD 192
- 14.12.1 COMPANY SNAPSHOT 192
- 14.12.2 PRODUCT PORTFOLIO 192
- 14.12.3 RECENT DEVELOPMENT 193
14.13 GRIZZLY SUPPLIES 194
- 14.13.1 COMPANY SNAPSHOT 194
- 14.13.2 PRODUCT PORTFOLIO 194
- 14.13.3 RECENT DEVELOPMENT 194
14.14 MARTIN FLUID POWER COMPANY, INC. AND MFP SEALS 195
- 14.14.1 COMPANY SNAPSHOT 195
- 14.14.2 PRODUCT PORTFOLIO 195
- 14.14.3 RECENT DEVELOPMENT 195
14.15 M.BARNWELL SERVICES LIMITED. 196
- 14.15.1 COMPANY SNAPSHOT 196
- 14.15.2 PRODUCT PORTFOLIO 196
- 14.15.3 RECENT DEVELOPMENT 196
14.16 OZ SEALS PTY LTD 197
- 14.16.1 COMPANY SNAPSHOT 197
- 14.16.2 PRODUCT PORTFOLIO 197
- 14.16.3 RECENT DEVELOPMENT 198
14.17 PATRIOT FLUID POWER 199
- 14.17.1 COMPANY SNAPSHOT 199
- 14.17.2 PRODUCT PORTFOLIO 199
- 14.17.3 RECENT DEVELOPMENTS 200
14.18 PICARD TECHNOLOGIES 201
- 14.18.1 COMPANY SNAPSHOT 201
- 14.18.2 PRODUCT PORTFOLIO 201
- 14.18.3 RECENT DEVELOPMENT 201
14.19 SEALS & GASKET SUPPLIES 202
- 14.19.1 COMPANY SNAPSHOT 202
- 14.19.2 PRODUCT PORTFOLIO 202
- 14.19.3 RECENT DEVELOPMENT 202
14.20 STACEM 203
- 14.20.1 COMPANY SNAPSHOT 203
- 14.20.2 PRODUCT PORTFOLIO 203
- 14.20.3 RECENT DEVELOPMENTS 203

15 QUESTIONNAIRE 204

16 RELATED REPORTS 209

LIST OF FIGURES

FIGURE 1 EUROPE MACHINED SEALS MARKET 26
FIGURE 2 EUROPE MACHINED SEALS MARKET: DATA TRIANGULATION 29
FIGURE 3 EUROPE MACHINED SEALS MARKET: DROC ANALYSIS 30
FIGURE 4 EUROPE MACHINED SEALS MARKET: EUROPE VS REGIONAL MARKET ANALYSIS 31
FIGURE 5 EUROPE MACHINED SEALS MARKET: COMPANY RESEARCH ANALYSIS 31
FIGURE 6 EUROPE MACHINED SEALS MARKET: THE TYPE LIFE LINE CURVE 32
FIGURE 7 EUROPE MACHINED SEALS MARKET: MULTIVARIATE MODELLING 33
FIGURE 8 EUROPE MACHINED SEALS MARKET: INTERVIEW DEMOGRAPHICS 34
FIGURE 9 EUROPE MACHINED SEALS MARKET: DBMR MARKET POSITION GRID 35
FIGURE 10 EUROPE MACHINED SEALS MARKET: MARKET APPLICATION COVERAGE GRID 36
FIGURE 11 EUROPE MACHINED SEALS MARKET: THE MARKET CHALLENGE MATRIX 37
FIGURE 12 EUROPE MACHINED SEALS MARKET: VENDOR SHARE ANALYSIS 38
FIGURE 13 EUROPE MACHINED SEALS MARKET: SEGMENTATION 42
FIGURE 14 THE GROWING ADOPTION OF CUSTOMIZED ELASTOMERIC SEALS IS EXPECTED TO DRIVE THE EUROPE MACHINED SEALS MARKET IN THE FORECAST PERIOD 43
FIGURE 15 THE FLUID POWER SEALS SEGMENT IS EXPECTED TO ACCOUNT FOR THE LARGEST SHARE OF THE EUROPE MACHINED SEALS MARKET IN 2023 & 2030 43
FIGURE 16 IMPORT-EXPORT SCENARIO (USD THOUSAND) 49
FIGURE 17 EUROPE MACHINED SEALS MARKET: PRODUCTION AND CONSUMPTION ANALYSIS, 2021-2023 (USD THOUSAND) 51
FIGURE 18 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES OF THE EUROPE MACHINED SEALS MARKET 61
FIGURE 19 EUROPE MACHINED SEALS MARKET: BY TYPE, 2022 71
FIGURE 20 EUROPE MACHINED SEALS MARKET: BY PRODUCT TYPE, 2022 75
FIGURE 21 EUROPE MACHINED SEALS MARKET: BY MATERIAL, 2022 81
FIGURE 22 EUROPE MACHINED SEALS MARKET: SALES CHANNEL, 2022 87
FIGURE 23 EUROPE MACHINED SEALS MARKET: BY APPLICATION, 2022 91
FIGURE 24 EUROPE MACHINED SEALS MARKET: SNAPSHOT (2022) 104
FIGURE 25 EUROPE MACHINED SEALS MARKET: BY COUNTRY (2022) 105
FIGURE 26 EUROPE MACHINED SEALS MARKET: BY COUNTRY (2023 & 2030) 105

FIGURE 27 EUROPE MACHINED SEALS MARKET: BY COUNTRY (2022 & 2030) 106
FIGURE 28 EUROPE MACHINED SEALS MARKET: BY TYPE (2023-2030) 106
FIGURE 29 EUROPE MACHINED SEALS MARKET: COMPANY SHARE 2022 (%) 157