NA Machined Seals Market - Industry Trends and Forecast to 2030

Description

List of Tables

North America machined seals market is projected to register a 4.4% 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:

North America 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, Food & Beverages), Sales Channel (Manufacturers, Distributors, and Aftermarket), Country (USA, Canada, and Mexico), Industry Trends and Forecast to 2030.

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

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

The growing awareness of the benefits offered by machined seals

Market Players:

The key players operating in the North America machined seals market are:

Technetics Group

Grizzly Supplies

Hallite Seals

OZ SEALS PTY LTD

Martin Fluid Power Company, Inc., MFP Seals

AccroSeal

PARKER HANNIFIN CORP

SKF

Freudenberg FST GmbH

Patriot Fluid Power

SAINT-GOBAIN

1 INTRODUCTION 29

1.1 OBJECTIVES OF THE STUDY 29
1.2 MARKET DEFINITION 29
1.3 OVERVIEW OF THE NORTH AMERICA 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 NORTH AMERICA 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 NORTH AMERICA 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 NORTH AMERICA 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 NORTH AMERICA MACHINED SEALS MARKET, BY SALES CHANNEL 95

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

10 NORTH AMERICA 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 NORTH AMERICA MACHINED SEALS MARKET, BY REGION 111

11.1 NORTH AMERICA 112
- 11.1.1 U.S. 119
- 11.1.2 CANADA 122
- 11.1.3 MEXICO 125

12 NORTH AMERICA MACHINED SEALS MARKET, COMPANY LANDSCAPE 128

12.1 COMPANY SHARE ANALYSIS: NORTH AMERICA 128
12.2 MERGERS & ACQUISITIONS 129
12.3 EXPANSIONS 130
12.4 AGREEMENT 130
12.5 NEW PRODUCT DEVELOPMENTS 131

13 SWOT ANALYSIS 132

14 COMPANY PROFILES 133

14.1 SKF 133
- 14.1.1 COMPANY SNAPSHOT 133
- 14.1.2 REVENUE ANALYSIS 133
- 14.1.3 COMPANY SHARE ANALYSIS 134
- 14.1.4 PRODUCT PORTFOLIO 134
- 14.1.5 RECENT DEVELOPMENT 135
14.2 PARKER HANNIFIN CORP 136
- 14.2.1 COMPANY SNAPSHOT 136
- 14.2.2 REVENUE ANALYSIS 136
- 14.2.3 COMPANY SHARE ANALYSIS 137
- 14.2.4 PRODUCT PORTFOLIO 137
- 14.2.5 RECENT DEVELOPMENT 137
14.3 FREUDENBERG FST GMBH 138
- 14.3.1 COMPANY SNAPSHOT 138
- 14.3.2 REVENUE ANALYSIS 138
- 14.3.3 COMPANY SHARE ANALYSIS 139
- 14.3.4 PRODUCT PORTFOLIO 139
- 14.3.5 RECENT DEVELOPMENTS 140
14.4 SAINT-GOBAIN 141
- 14.4.1 COMPANY SNAPSHOT 141
- 14.4.2 REVENUE ANALYSIS 141
- 14.4.3 COMPANY SHARE ANALYSIS 142
- 14.4.4 PRODUCT PORTFOLIO 142
- 14.4.5 RECENT DEVELOPMENT 143
14.5 TECHNETICS GROUP. 144
- 14.5.1 COMPANY SNAPSHOT 144
- 14.5.2 PRODUCT PORTFOLIO 144
- 14.5.3 RECENT DEVELOPMENT 144
14.6 HALLITE SEALS 145
- 14.6.1 COMPANY SNAPSHOT 145
- 14.6.2 PRODUCT PORTFOLIO 145
- 14.6.3 RECENT DEVELOPMENTS 146
14.7 ACCROSEAL 147
- 14.7.1 COMPANY SNAPSHOT 147
- 14.7.2 PRODUCT PORTFOLIO 147
- 14.7.3 RECENT DEVELOPMENT 147
14.8 AMPHORA INDUSTRIES PTY LTD 148
- 14.8.1 COMPANY SNAPSHOT 148
- 14.8.2 PRODUCT PORTFOLIO 148
- 14.8.3 RECENT DEVELOPMENTS 149
14.9 ASHTON SEALS LTD 150
- 14.9.1 COMPANY SNAPSHOT 150
- 14.9.2 PRODUCT PORTFOLIO 150
- 14.9.3 RECENT DEVELOPMENTS 151
14.10 EVOLUTION SEALS LTD. 152
- 14.10.1 COMPANY SNAPSHOT 152
- 14.10.2 PRODUCT PORTFOLIO 152
- 14.10.3 RECENT DEVELOPMENT 152
14.11 FRANCE JOINT 153
- 14.11.1 COMPANY SNAPSHOT 153
- 14.11.2 PRODUCT PORTFOLIO 153
- 14.11.3 RECENT DEVELOPMENT 153
14.12 FPE SEALS LTD 154
- 14.12.1 COMPANY SNAPSHOT 154
- 14.12.2 PRODUCT PORTFOLIO 154
- 14.12.3 RECENT DEVELOPMENT 155
14.13 GRIZZLY SUPPLIES 156
- 14.13.1 COMPANY SNAPSHOT 156
- 14.13.2 PRODUCT PORTFOLIO 156
- 14.13.3 RECENT DEVELOPMENT 156
14.14 MARTIN FLUID POWER COMPANY, INC. AND MFP SEALS 157
- 14.14.1 COMPANY SNAPSHOT 157
- 14.14.2 PRODUCT PORTFOLIO 157
- 14.14.3 RECENT DEVELOPMENT 157
14.15 M.BARNWELL SERVICES LIMITED. 158
- 14.15.1 COMPANY SNAPSHOT 158
- 14.15.2 PRODUCT PORTFOLIO 158
- 14.15.3 RECENT DEVELOPMENT 158
14.16 OZ SEALS PTY LTD 159
- 14.16.1 COMPANY SNAPSHOT 159
- 14.16.2 PRODUCT PORTFOLIO 159
- 14.16.3 RECENT DEVELOPMENT 160
14.17 PATRIOT FLUID POWER 161
- 14.17.1 COMPANY SNAPSHOT 161
- 14.17.2 PRODUCT PORTFOLIO 161
- 14.17.3 RECENT DEVELOPMENTS 162
14.18 PICARD TECHNOLOGIES 163
- 14.18.1 COMPANY SNAPSHOT 163
- 14.18.2 PRODUCT PORTFOLIO 163
- 14.18.3 RECENT DEVELOPMENT 163
14.19 SEALS & GASKET SUPPLIES 164
- 14.19.1 COMPANY SNAPSHOT 164
- 14.19.2 PRODUCT PORTFOLIO 164
- 14.19.3 RECENT DEVELOPMENT 164
14.20 STACEM 165
- 14.20.1 COMPANY SNAPSHOT 165
- 14.20.2 PRODUCT PORTFOLIO 165
- 14.20.3 RECENT DEVELOPMENTS 165

15 QUESTIONNAIRE 166

16 RELATED REPORTS 171

LIST OF FIGURES

FIGURE 1 NORTH AMERICA MACHINED SEALS MARKET 22
FIGURE 2 NORTH AMERICA MACHINED SEALS MARKET: DATA TRIANGULATION 25
FIGURE 3 NORTH AMERICA MACHINED SEALS MARKET: DROC ANALYSIS 26
FIGURE 4 NORTH AMERICA MACHINED SEALS MARKET: NORTH AMERICA VS REGIONAL MARKET ANALYSIS 27
FIGURE 5 NORTH AMERICA MACHINED SEALS MARKET: COMPANY RESEARCH ANALYSIS 27
FIGURE 6 NORTH AMERICA MACHINED SEALS MARKET: THE TYPE LIFE LINE CURVE 28
FIGURE 7 NORTH AMERICA MACHINED SEALS MARKET: MULTIVARIATE MODELLING 29
FIGURE 8 NORTH AMERICA MACHINED SEALS MARKET: INTERVIEW DEMOGRAPHICS 30
FIGURE 9 NORTH AMERICA MACHINED SEALS MARKET: DBMR MARKET POSITION GRID 31
FIGURE 10 NORTH AMERICA MACHINED SEALS MARKET: MARKET APPLICATION COVERAGE GRID 32
FIGURE 11 NORTH AMERICA MACHINED SEALS MARKET: THE MARKET CHALLENGE MATRIX 33
FIGURE 12 NORTH AMERICA MACHINED SEALS MARKET: VENDOR SHARE ANALYSIS 34
FIGURE 13 NORTH AMERICA MACHINED SEALS MARKET: SEGMENTATION 38
FIGURE 14 THE GROWING ADOPTION OF CUSTOMIZED ELASTOMERIC SEALS IS EXPECTED TO DRIVE THE NORTH AMERICA MACHINED SEALS MARKET IN THE FORECAST PERIOD 39
FIGURE 15 THE FLUID POWER SEALS SEGMENT IS EXPECTED TO ACCOUNT FOR THE LARGEST SHARE OF THE NORTH AMERICA MACHINED SEALS MARKET IN 2023 & 2030 39
FIGURE 16 IMPORT-EXPORT SCENARIO (USD THOUSAND) 45
FIGURE 17 NORTH AMERICA MACHINED SEALS MARKET: PRODUCTION AND CONSUMPTION ANALYSIS, 2021-2023 (USD THOUSAND) 47
FIGURE 18 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES OF THE NORTH AMERICA MACHINED SEALS MARKET 57
FIGURE 19 NORTH AMERICA MACHINED SEALS MARKET: BY TYPE, 2022 67
FIGURE 20 NORTH AMERICA MACHINED SEALS MARKET: BY PRODUCT TYPE, 2022 71
FIGURE 21 NORTH AMERICA MACHINED SEALS MARKET: BY MATERIAL, 2022 77
FIGURE 22 NORTH AMERICA MACHINED SEALS MARKET: SALES CHANNEL, 2022 83
FIGURE 23 NORTH AMERICA MACHINED SEALS MARKET: BY APPLICATION, 2022 87
FIGURE 24 NORTH AMERICA MACHINED SEALS MARKET: SNAPSHOT (2022) 100
FIGURE 25 NORTH AMERICA MACHINED SEALS MARKET: BY COUNTRY (2022) 101
FIGURE 26 NORTH AMERICA MACHINED SEALS MARKET: BY COUNTRY (2023 & 2030) 101
FIGURE 27 NORTH AMERICA MACHINED SEALS MARKET: BY COUNTRY (2022 & 2030) 102
FIGURE 28 NORTH AMERICA MACHINED SEALS MARKET: BY TYPE (2023-2030) 102
FIGURE 29 NORTH AMERICA MACHINED SEALS MARKET: COMPANY SHARE 2022 (%) 115