Europe Hydraulic Seals Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Product (Wiper Seals, Piston Seals, Rod Seals, Buffer Seals, and Others), and End-Use Industry (Automotive, Aerospace, Agriculture, Chemical, Marine, and Others)
Europe Hydraulic Seals Market Forecast to 2027 – COVID-19 Impact and Analysis – by Product (Wiper Seals, Piston Seals, Rod Seals, Buffer Seals, and Others), and End-Use Industry (Automotive, Aerospace, Agriculture, Chemical, Marine, and Others)
Number of Pages: 80
Market Introduction
Hydraulic seals are utilized in hydraulic cylinders to seal the openings between several components in the 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). Hydraulic seals offer high resistance from fluid, heat, and wear & tear. The major task of hydraulic seals are to retain hydraulic fluids, maintain rod and pistons alignment, to exclude solid or liquid contaminations, and to maintain the hydraulic pressure. Hydraulic seals are used in various end user industries such as aerospace, automotive, agriculture, construction, oil and gas, marine, chemical, and others. Thus, the tremendous increase in the construction and infrastructural activities is expected to create a significant demand for hydraulic seals in the coming years, which is further anticipated to drive the hydraulic seals market.
Market Overview and Dynamics
The hydraulic seals market in Europe is expected to grow from US$ 754.43 million in 2019 to US$ 1125.29 million by 2027; it is estimated to grow at a CAGR of 5.2% from 2020 to 2027. Emerging economies are now investing heavily in infrastructure development in order to solve problems such as population explosion, traffic congestion, and aging transportation infrastructure. Developed countries focus on enhancing their current infrastructure by investing in technologies such as earthquake-proof buildings, hyperloop, and others. These factors are propelling the sales of construction machinery, which subsequently boosts the hydraulic seals market growth. The lack of basic infrastructure facilities such as roads for transportation, information and communication, and electric power is forcing the governments of developing economies to invest in infrastructure activities. This expanding scope of development in the infrastructure industry promotes several businesses to introduce advanced solutions and equipment. This is anticipated to stimulate the demand for hydraulic cylinders and hydraulic seals. This is bolstering the growth of the hydraulic seals market.
In Europe, currently Russia is the hardest-hit country due to the COVID-19 outbreak. It is witnessing an economic hit due to a lack of revenue from various industries, as the country recorded the highest number of COVID-19 positives cases followed by France. The global demand for aircraft is declined amid the COVID-19 pandemic, which is substantially lowering the order volumes among airframe manufacturers and reducing airframe production, resulting in less demand for hydraulic seals. Further, decreased production rates have adversely affected the businesses of various component manufacturers. Other member states have implemented drastic measures and travel restrictions, including partially closing their borders. This scenario is restraining the growth of the hydraulic seals market in Europe.
Key Market Segments
In terms of product, the rod seals segment accounted for the largest share of the Europe hydraulic seals market in 2019. Based on end-use industry, the hydraulic seals market is divided into automotive, aerospace, agriculture, chemical, marine, and others. Chemical is expected to be the fastest growing segment over the forecast period.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the hydraulic seals market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are A.W. Chesterton Company, Freudenberg Sealing Technologies, James Walker, Kastas Sealing Technologies A.S., SealTeam Australia, SKF, Trelleborg AB, and Parker Hannifin Corporation among others.
Reasons to buy report
- Understand the Europe hydraulic seals market landscape and identify market segments that are likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive market landscape in Europe
- Efficiently plan mergers and acquisitions, and partnership deals in the Europe hydraulic seals market by identifying market segments with the most promising probable sales
- Take knowledgeable business decisions from perceptive and comprehensive analysis of performance of various market segments
- Obtain revenue forecast for market based on various segments for the period 2020-2027
North America Hydraulic Seals Market Segmentation
Europe Hydraulic Seals Market- by Product
- Wiper Seals
- Piston Seals
- Rod Seals
- Buffer Seals
- Others
Europe Hydraulic Seals Market- by End- use Industry
- Automotive
- Aerospace
- Agriculture
- Chemical
- Marine
- Others
Europe Hydraulic Seals Market- by Country
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
Company Profiles
- A.W. Chesterton Company
- Freudenberg Sealing Technologies
- James Walker
- Kastas Sealing Technologies A.S.
- SealTeam Australia
- SKF
- Trelleborg AB
- Parker Hannifin Corporation
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Hydraulic Seals Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Europe
4.3 Expert Opinion
5. Hydraulic Seals Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Adoption of Hydraulic Cylinders Across Various End-User Industries
5.1.2 Advantages Offered by Hydraulic Seals
5.2 Market Restraints
5.2.1 Adoption of Adhesives and Sealants Instead of Hydraulic Seals
5.3 Market Opportunities
5.3.1 Tremendous Increase in the Construction and Infrastructural Activities
5.4 Future Trends
5.4.1 Innovations in Hydraulic Seals Industry
5.5 Impact Analysis Of Drivers And Restraints
6. Hydraulic Seals – Europe Market Analysis
6.1 Hydraulic Seals Market Overview
6.2 Europe Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Key Market Players
7. Europe Hydraulic Seals Market Analysis – By Product
7.1 Overview
7.2 Hydraulic Seals Market, By Product (2019 and 2027)
7.3 Wiper Seals
7.3.1 Overview
7.3.1.1 Wiper Seals : Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
7.4 Piston Seals
7.4.1 Overview
7.4.1.1 Piston Seals : Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
7.5 Rod Seals
7.5.1 Overview
7.5.1.1 Rod Seals : Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
7.6 Buffer Seals
7.6.1 Overview
7.6.1.1 Buffer Seals : Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.1.1 Others: Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
8. Europe Hydraulic Seals Market Analysis – By End User Industry
8.1 Overview
8.2 Hydraulic Seals Market, By End User Industry (2019 and 2027)
8.3 Automotive
8.3.1 Overview
8.3.1.1 Automotive : Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
8.4 Aerospace
8.4.1 Overview
8.4.1.1 Aerospace: Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
8.5 Agriculture
8.5.1 Overview
8.5.1.1 Agriculture: Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
8.6 Chemical
8.6.1 Overview
8.6.1.1 Chemical: Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
8.7 Marine
8.7.1 Overview
8.7.1.1 Marine: Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
8.8 Others
8.8.1 Overview
8.8.1.1 Others: Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
9. Europe Hydraulic Seals Market – Country Analysis
9.1 Overview
9.1.1 Europe: Hydraulic Seals Market –Revenue and Forecast to 2027(US$ Million)
9.1.2 Europe: Hydraulic Seals Market, by Product
9.1.3 Europe: Hydraulic Seals Market, by End-User Industry
9.1.4 Europe: Hydraulic Seals Market, by Key Country
9.1.4.1 Germany: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
9.1.4.1.1 Germany: Hydraulic Seals Market, by Product
9.1.4.1.2 Germany: Hydraulic Seals Market, by End-User Industry
9.1.4.2 France: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
9.1.4.2.1 France: Hydraulic Seals Market, by Product
9.1.4.2.2 France: Hydraulic Seals Market, by End-User Industry
9.1.4.3 Italy: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
9.1.4.3.1 Italy: Hydraulic Seals Market, by Product
9.1.4.3.2 Italy: Hydraulic Seals Market, by End-User Industry
9.1.4.3.3 United Kingdom: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
9.1.4.3.4 United Kingdom: Hydraulic Seals Market, by Product
9.1.4.3.5 United Kingdom: Hydraulic Seals Market, by End-User Industry
9.1.4.4 Russia: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
9.1.4.4.1 Russia: Hydraulic Seals Market, by Product
9.1.4.4.2 Russia: Hydraulic Seals Market, by End-User Industry
9.1.4.5 Rest of Europe: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
9.1.4.5.1 Rest of Europe: Hydraulic Seals Market, by Product
9.1.4.5.2 Rest of Europe: Hydraulic Seals Market, by End-User Industry
10. Impact of COVID-19 Pandemic on Europe Hydraulic Seals Market
10.1 Overview
10.2 Europe: Impact Assessment of COVID-19 Pandemic
11. Company Profiles
11.1 A.W. Chesterton Company
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.2 Freudenberg Sealing Technologies
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.3 James Walker
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.4 Kastas Sealing Technologies A.S.
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.5 SealTeam Australia
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.6 SKF
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.7 Trelleborg AB
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products And Services
11.7.4 Financial Overview
11.7.5 Swot Analysis
11.7.6 Key Developments
11.8 Parker Hannifin Corporation
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 Swot Analysis
12. Appendix
12.1 About The Insight Partners
12.2 Word Index
LIST OF TABLES
Table 1. Europe Hydraulic Seals Market –Revenue and Forecast to 2027 (USD Million)
Table 2. Europe Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 3. Europe Hydraulic Seals Market, by End-User Industry– Revenue and Forecast to 2027 (USD Million)
Table 4. Germany Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 5. Germany Hydraulic Seals Market, by End-User Industry– Revenue and Forecast to 2027 (USD Million)
Table 6. France Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 7. France Hydraulic Seals Market, by End-User Industry – Revenue and Forecast to 2027 (USD Million)
Table 8. Italy Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 9. Italy Hydraulic Seals Market, by End-User Industry – Revenue and Forecast to 2027 (USD Million)
Table 10. United Kingdom Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 11. United Kingdom Hydraulic Seals Market, by End-User Industry – Revenue and Forecast to 2027 (USD Million)
Table 12. Russia Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 13. Russia Hydraulic Seals Market, by End-User Industry – Revenue and Forecast to 2027 (USD Million)
Table 14. Rest of Europe Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 15. Rest of Europe Hydraulic Seals Market, by End-User Industry – Revenue and Forecast to 2027 (USD Million)
Table 16. List of Abbreviation
LIST OF FIGURES
Figure 1. Hydraulic Seals Market Segmentation
Figure 2. Europe Hydraulic Seals Market Segmentation – By Country
Figure 3. Europe Hydraulic Seals Market Overview
Figure 4. Rod Seals Segment Held Largest Share of Europe Hydraulic Seals Market
Figure 5. Germany Held Largest Share of Europe Hydraulic Seals Market
Figure 6. Europe Hydraulic Seals Market, Industry Landscape
Figure 7. Hydraulic Seals Market Impact Analysis Of Driver And Restraints
Figure 8. Europe: Hydraulic Seals Market – Revenue and Forecast to 2027 (US$ Million)
Figure 9. Hydraulic Seals Market Revenue Share, by Product (2019 and 2027)
Figure 10. Wiper Seals : Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 11. Piston Seals : Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 12. Rod Seals : Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 13. Buffer Seals : Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 14. Others: Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 15. Hydraulic Seals Market Revenue Share, by End User Industry (2019 and 2027)
Figure 16. Automotive: Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 17. Aerospace : Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 18. Agriculture: Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 19. Chemical: Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 20. Marine: Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 21. Others: Hydraulic Seals Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 22. Europe: Hydraulic Seals Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. Europe: Hydraulic Seals Market Revenue Share, by Product (2019 and 2027)
Figure 24. Europe: Hydraulic Seals Market Revenue Share, by End-User Industry (2019 and 2027)
Figure 25. Europe: Hydraulic Seals Market Revenue Share, by Key Country (2019 and 2027)
Figure 26. Germany: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
Figure 27. France: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
Figure 28. Italy: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
Figure 29. United Kingdom: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
Figure 30. Russia: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
Figure 31. Rest of Europe: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
Figure 32. Impact of COVID-19 Pandemic In Europe Country Markets
- A.W. Chesterton Company
- Freudenberg Sealing Technologies
- James Walker
- Kastas Sealing Technologies A.S
- SealTeam Australia
- SKF
- Trelleborg AB
- Parker Hannifin Corporation
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- Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Hydraulic Seals market, as well as those hindering it
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