MEA Machined Seals Market - Industry Trends and Forecast to 2030

Description

List of Tables

Middle East and Africa machined seals market is projected to register a 3.8% 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:

Middle East and Africa 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 (Saudi Arabia, United Arab Emirates, Kuwait, Qatar, Oman, Bahrain, South Africa, Egypt, Israel, and Rest of Middle East and Africa) Industry Trends and Forecast to 2030.

Some of the major factors contributing to the growth of the Middle East and Africa machined seals market:

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

The growing awareness of the benefits offered by machined seals

Market Players:

The key players operating in the Middle East and Africa machined seals market are:

Technetics Group

OZ SEALS PTY LTD

Seal & Gasket Supplies

SKF

Freudenberg FST GmbH

SAINT-GOBAIN

PARKER HANNIFIN CORP

1 INTRODUCTION 29

1.1 OBJECTIVES OF THE STUDY 29
1.2 MARKET DEFINITION 29
1.3 OVERVIEW OF THE MIDDLE EAST & AFRICA 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 MIDDLE EAST & AFRICA 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 MIDDLE EAST & AFRICA 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 MIDDLE EAST & AFRICA 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 MIDDLE EAST & AFRICA MACHINED SEALS MARKET, BY SALES CHANNEL 95

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

10 MIDDLE EAST & AFRICA 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 MIDDLE EAST & AFRICA MACHINED SEALS MARKET, BY REGION 111

11.1 MIDDLE EAST AND AFRICA 112
- 11.1.1 SAUDI ARABIA 119
- 11.1.2 UNITED ARAB EMIRATES 122
- 11.1.3 KUWAIT 125
- 11.1.4 QATAR 128
- 11.1.5 OMAN 131
- 11.1.6 BAHRAIN 134
- 11.1.7 EGYPT 137
- 11.1.8 ISRAEL 140
- 11.1.9 SOUTH AFRICA 143
- 11.1.10 REST OF MIDDLE EAST AND AFRICA 146

12 MIDDLE EAST & AFRICA MACHINED SEALS MARKET, COMPANY LANDSCAPE 147

12.1 COMPANY SHARE ANALYSIS: MIDDLE EAST & AFRICA 147
12.2 MERGERS & ACQUISITIONS 148
12.3 EXPANSIONS 149
12.4 AGREEMENT 149
12.5 NEW PRODUCT DEVELOPMENTS 150

13 SWOT ANALYSIS 151

14 COMPANY PROFILES 152

14.1 SKF 152
- 14.1.1 COMPANY SNAPSHOT 152
- 14.1.2 REVENUE ANALYSIS 152
- 14.1.3 COMPANY SHARE ANALYSIS 153
- 14.1.4 PRODUCT PORTFOLIO 153
- 14.1.5 RECENT DEVELOPMENT 154
14.2 PARKER HANNIFIN CORP 155
- 14.2.1 COMPANY SNAPSHOT 155
- 14.2.2 REVENUE ANALYSIS 155
- 14.2.3 COMPANY SHARE ANALYSIS 156
- 14.2.4 PRODUCT PORTFOLIO 156
- 14.2.5 RECENT DEVELOPMENT 156
14.3 FREUDENBERG FST GMBH 157
- 14.3.1 COMPANY SNAPSHOT 157
- 14.3.2 REVENUE ANALYSIS 157
- 14.3.3 COMPANY SHARE ANALYSIS 158
- 14.3.4 PRODUCT PORTFOLIO 158
- 14.3.5 RECENT DEVELOPMENTS 159
14.4 SAINT-GOBAIN 160
- 14.4.1 COMPANY SNAPSHOT 160
- 14.4.2 REVENUE ANALYSIS 160
- 14.4.3 COMPANY SHARE ANALYSIS 161
- 14.4.4 PRODUCT PORTFOLIO 161
- 14.4.5 RECENT DEVELOPMENT 162
14.5 TECHNETICS GROUP. 163
- 14.5.1 COMPANY SNAPSHOT 163
- 14.5.2 PRODUCT PORTFOLIO 163
- 14.5.3 RECENT DEVELOPMENT 163
14.6 HALLITE SEALS 164
- 14.6.1 COMPANY SNAPSHOT 164
- 14.6.2 PRODUCT PORTFOLIO 164
- 14.6.3 RECENT DEVELOPMENTS 165
14.7 ACCROSEAL 166
- 14.7.1 COMPANY SNAPSHOT 166
- 14.7.2 PRODUCT PORTFOLIO 166
- 14.7.3 RECENT DEVELOPMENT 166
14.8 AMPHORA INDUSTRIES PTY LTD 167
- 14.8.1 COMPANY SNAPSHOT 167
- 14.8.2 PRODUCT PORTFOLIO 167
- 14.8.3 RECENT DEVELOPMENTS 168
14.9 ASHTON SEALS LTD 169
- 14.9.1 COMPANY SNAPSHOT 169
- 14.9.2 PRODUCT PORTFOLIO 169
- 14.9.3 RECENT DEVELOPMENTS 170
14.10 EVOLUTION SEALS LTD. 171
- 14.10.1 COMPANY SNAPSHOT 171
- 14.10.2 PRODUCT PORTFOLIO 171
- 14.10.3 RECENT DEVELOPMENT 171
14.11 FRANCE JOINT 172
- 14.11.1 COMPANY SNAPSHOT 172
- 14.11.2 PRODUCT PORTFOLIO 172
- 14.11.3 RECENT DEVELOPMENT 172
14.12 FPE SEALS LTD 173
- 14.12.1 COMPANY SNAPSHOT 173
- 14.12.2 PRODUCT PORTFOLIO 173
- 14.12.3 RECENT DEVELOPMENT 174
14.13 GRIZZLY SUPPLIES 175
- 14.13.1 COMPANY SNAPSHOT 175
- 14.13.2 PRODUCT PORTFOLIO 175
- 14.13.3 RECENT DEVELOPMENT 175
14.14 MARTIN FLUID POWER COMPANY, INC. AND MFP SEALS 176
- 14.14.1 COMPANY SNAPSHOT 176
- 14.14.2 PRODUCT PORTFOLIO 176
- 14.14.3 RECENT DEVELOPMENT 176
14.15 M.BARNWELL SERVICES LIMITED. 177
- 14.15.1 COMPANY SNAPSHOT 177
- 14.15.2 PRODUCT PORTFOLIO 177
- 14.15.3 RECENT DEVELOPMENT 177
14.16 OZ SEALS PTY LTD 178
- 14.16.1 COMPANY SNAPSHOT 178
- 14.16.2 PRODUCT PORTFOLIO 178
- 14.16.3 RECENT DEVELOPMENT 179
14.17 PATRIOT FLUID POWER 180
- 14.17.1 COMPANY SNAPSHOT 180
- 14.17.2 PRODUCT PORTFOLIO 180
- 14.17.3 RECENT DEVELOPMENTS 181
14.18 PICARD TECHNOLOGIES 182
- 14.18.1 COMPANY SNAPSHOT 182
- 14.18.2 PRODUCT PORTFOLIO 182
- 14.18.3 RECENT DEVELOPMENT 182
14.19 SEALS & GASKET SUPPLIES 183
- 14.19.1 COMPANY SNAPSHOT 183
- 14.19.2 PRODUCT PORTFOLIO 183
- 14.19.3 RECENT DEVELOPMENT 183
14.20 STACEM 184
- 14.20.1 COMPANY SNAPSHOT 184
- 14.20.2 PRODUCT PORTFOLIO 184
- 14.20.3 RECENT DEVELOPMENTS 184

15 QUESTIONNAIRE 185

16 RELATED REPORTS 190

LIST OF FIGURES

FIGURE 1 MIDDLE EAST & AFRICA MACHINED SEALS MARKET 24
FIGURE 2 MIDDLE EAST & AFRICA MACHINED SEALS MARKET: DATA TRIANGULATION 27
FIGURE 3 MIDDLE EAST & AFRICA MACHINED SEALS MARKET: DROC ANALYSIS 28
FIGURE 4 MIDDLE EAST & AFRICA MACHINED SEALS MARKET: MIDDLE EAST & AFRICA VS REGIONAL MARKET ANALYSIS 29
FIGURE 5 MIDDLE EAST & AFRICA MACHINED SEALS MARKET: COMPANY RESEARCH ANALYSIS 29
FIGURE 6 MIDDLE EAST & AFRICA MACHINED SEALS MARKET: THE TYPE LIFE LINE CURVE 30
FIGURE 7 MIDDLE EAST & AFRICA MACHINED SEALS MARKET: MULTIVARIATE MODELLING 31
FIGURE 8 MIDDLE EAST & AFRICA MACHINED SEALS MARKET: INTERVIEW DEMOGRAPHICS 32
FIGURE 9 MIDDLE EAST & AFRICA MACHINED SEALS MARKET: DBMR MARKET POSITION GRID 33
FIGURE 10 MIDDLE EAST & AFRICA MACHINED SEALS MARKET: MARKET APPLICATION COVERAGE GRID 34
FIGURE 11 MIDDLE EAST & AFRICA MACHINED SEALS MARKET: THE MARKET CHALLENGE MATRIX 35
FIGURE 12 MIDDLE EAST & AFRICA MACHINED SEALS MARKET: VENDOR SHARE ANALYSIS 36
FIGURE 13 MIDDLE EAST & AFRICA MACHINED SEALS MARKET: SEGMENTATION 40
FIGURE 14 THE GROWING ADOPTION OF CUSTOMIZED ELASTOMERIC SEALS IS EXPECTED TO DRIVE THE MIDDLE EAST & AFRICA MACHINED SEALS MARKET IN THE FORECAST PERIOD 41
FIGURE 15 THE FLUID POWER SEALS SEGMENT IS EXPECTED TO ACCOUNT FOR THE LARGEST SHARE OF THE MIDDLE EAST & AFRICA MACHINED SEALS MARKET IN 2023 & 2030 41
FIGURE 16 IMPORT-EXPORT SCENARIO (USD THOUSAND) 47
FIGURE 17 MIDDLE EAST & AFRICA MACHINED SEALS MARKET: PRODUCTION AND CONSUMPTION ANALYSIS, 2021-2023 (USD THOUSAND) 49
FIGURE 18 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES OF THE MIDDLE EAST & AFRICA MACHINED SEALS MARKET 59
FIGURE 19 MIDDLE EAST & AFRICA MACHINED SEALS MARKET: BY TYPE, 2022 69
FIGURE 20 MIDDLE EAST & AFRICA MACHINED SEALS MARKET: BY PRODUCT TYPE, 2022 73
FIGURE 21 MIDDLE EAST & AFRICA MACHINED SEALS MARKET: BY MATERIAL, 2022 79
FIGURE 22 MIDDLE EAST & AFRICA MACHINED SEALS MARKET: SALES CHANNEL, 2022 85
FIGURE 23 MIDDLE EAST & AFRICA MACHINED SEALS MARKET: BY APPLICATION, 2022 89
FIGURE 24 MIDDLE EAST AND AFRICA MACHINED SEALS MARKET: SNAPSHOT (2022) 102
FIGURE 25 MIDDLE EAST AND AFRICA MACHINED SEALS MARKET: BY COUNTRY (2022) 103
FIGURE 26 MIDDLE EAST AND AFRICA MACHINED SEALS MARKET: BY COUNTRY (2023 & 2030) 103
FIGURE 27 MIDDLE EAST AND AFRICA MACHINED SEALS MARKET: BY COUNTRY (2022 & 2030) 104
FIGURE 28 MIDDLE EAST AND AFRICA MACHINED SEALS MARKET: BY TYPE (2023-2030) 104
FIGURE 29 MIDDLE EAST & AFRICA MACHINED SEALS MARKET: COMPANY SHARE 2022 (%) 136