Machined Seals Market size to increase by USD 333 Mn | A.W. Chesterton Co., AB SKF, and Datwyler Holding Inc. emerge as key players | Technavio

NEW YORK, Oct. 28, 2021 /PRNewswire/ — The machined seals market size is expected to increase by USD 333.10 million…

NEW YORK, Oct. 28, 2021 /PRNewswire/ — The machined seals market size is expected to increase by USD 333.10 million from 2020 to 2025, registering a CAGR of over 2%, according to the latest research report from Technavio.

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The machined seals market report offers a comprehensive analysis of the strategies adopted by vendors and the trends, drivers, and challenges affecting the market size.

The machined seals market covers the following areas:

Machined Seals Market Sizing

Machined Seals Market Forecast

Machined Seals Market Analysis

Technavio analyzes the market by End-user (automotive industry, heavy industry, machine tools industry, and others), Type (fluid power seals, power transmission seals, and large diameter seals), and Geography (APAC, North America, Europe, South America, and MEA). Stringent environmental regulations are expected to have a positive impact on the growth of the machined seals market during the forecast period.

Also, the study identifies the increasing demand for machined seals in manufacturing industries as one of the prime reasons driving the machined seals market growth during the next few years.

This report presents a detailed picture of the machined seals market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

Companies Mentioned

  • A.W. Chesterton Co.
  • AB SKF
  • Datwyler Holding Inc.
  • Freudenberg SE
  • IDEX Corp.
  • James Walker Group Ltd.
  • Martin Fluid Power Co. Inc. and MFP Seals
  • Michelin Group
  • Parker Hannifin Corp.
  • Trelleborg AB

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Related Reports:

Global Mechanical Seals Market
 – Global mechanical seals market is segmented by end-user (oil and gas, general industries, chemicals and pharmaceuticals, water and wastewater treatment, and others) and geography (APAC, North America, Europe, MEA, and South America).

Download Exclusive Free Sample Report

Global Gasket and Seals Market – Global gasket and seals market is segmented by end-user (automotive, industrial machinery, electrical and electronics, and others) and geography (APAC, North America, Europe, MEA, and South America).

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Machined Seals Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of over 2%

Market growth 2021-2025

USD 333.10 million

Market structure

Concentrated

YoY growth (%)

1.12

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 48%

Key consumer countries

US, Germany, UK, China, and India

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

A.W. Chesterton Co., AB SKF, Datwyler Holding Inc., Freudenberg SE, IDEX Corp., James Walker Group Ltd., Martin Fluid Power Co. Inc. and MFP Seals, Michelin Group, Parker Hannifin Corp., and Trelleborg AB.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: media@technavio.com

Website: www.technavio.com/

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SOURCE Technavio