Hydraulic Seals Market Projected to Reach US$ 5,770.71 million by 2027 - Digital Journal

2022-03-24 11:13:59 By : Mr. William Chen

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The global 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% during the forecast period of 2020-2027. Hydraulic seals are utilized in hydraulic cylinders to seal openings between several components in a hydraulic cylinder. Seals are either machined or molded, and are carefully designed using sophisticated simulation software. Hydraulic seals are made of a variety of materials such as polyurethane, rubber, or polytetrafluoroethylene (PTFE). It offers high resistance from fluid, heat, and wear & tear. The major tasks of hydraulic seals are to retain hydraulic fluids, maintain rod and pistons alignment (to exclude solid or liquid contaminations), and maintain the hydraulic pressure. Hydraulic seals are used in various end-use industries such as aerospace, automotive, agriculture, construction, oil & gas, marine, and chemical.

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Hydraulic seals are utilized in hydraulic cylinders to seal openings between several components in a hydraulic cylinder. Seals are either machined or molded, and are carefully designed using sophisticated simulation software. Hydraulic seals are made of a variety of materials such as polyurethane, rubber, or polytetrafluoroethylene (PTFE). It offers high resistance from fluid, heat, and wear & tear. The major tasks of hydraulic seals are to retain hydraulic fluids, maintain rod and pistons alignment (to exclude solid or liquid contaminations), and maintain the hydraulic pressure. Hydraulic seals are used in various end-use industries such as aerospace, automotive, agriculture, construction, oil & gas, marine, and chemical.

AccroSeal A.W. Chesterton Company All Seals Inc. Freudenberg Sealing Technologies James Walker Kastas Sealing Technologies Parker Hannifin Corp SealTeam Australia SKF Trelleborg Group

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Geographically, the global hydraulic seals market is segmented into North America, Europe, Asia Pacific, South America, and Middle East and Africa. In 2019, Asia Pacific accounted for the largest share of the global hydraulic seals market. Increasing industrialization and urbanization leads to the dominancy of the region in the market. Attributed to the region’s growing economic conditions, there has been a spur in its industrial activities. Exponential growth in the various industrial sectors, such as aerospace, automotive, marine, and agricultural, is influencing the demand for hydraulic seals systems. Currently, the oil & gas industry is expanding in Asia Pacific. According to the IOGP’s Global Production Report 2019, demand for oil and gas is at the peak in Asia Pacific countries. Similarly, the demand for equipment to be used in the sector is high. The equipment must have excellent seals that would 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.

Wiper Seals Piston Seals Rod Seals Buffer Seals Others

Automotive Aerospace Agriculture Chemical Marine Others

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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