Asia Pacific Hydraulic Seals Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Product (Wiper Seals, Piston Seals, Rod Seals, Buffer Seals, and Others); End-User Industry (Automotive, Aerospace, Agriculture, Chemical, Marine, and Others)
Market Introduction
Hydraulic seals refer to relatively soft and non-metallic rings that are captured in the groove or can be fixed in a combination of rings that leads to the formation of a seal assembly. This assembly separates the fluid in the reciprocating motion applications. The hydraulic seals forma a vital part in machinery. They offer a way by which the fluid power gets converted into linear motion. The hydraulic seals can be made using various materials like polyurethane, rubber or PTFE. The type of material to be used is determined by limits due to the fluid type, by specific operating conditions, chemical compatibility of fluids or with the help of temperature.
Market Overview and Dynamics
The Asia Pacific hydraulic seals market is expected to reach US$ 2,273.66 Million in 2027 from US$ 1,576.70 Million in 2019. The market is anticipated to grow at a CAGR of 4.7 % from 2020 to 2027. Factors driving the market growth include rising adoption of hydraulic cylinders across various end-user industries and advantages offered by hydraulic seals. However, adoption of adhesives and sealants instead of hydraulic seals is likely to have a negative impact on the market growth.
Effect of covid-19 on Asia Pacific hydraulic seals market
The ongoing COVID-19 outbreak began in Wuhan (China) in December 2019, but later it spread to all the parts of the world. It has adversely affected the chemicals and materials industry as the industry is suffering from supply chain disruptions, lockdowns, travel bans, and business shutdowns called in various countries. India has the highest number of confirmed cases of the COVID-19 morbidity among all Asia Pacific countries. This is likely to impact the chemicals and materials industry in the region due to the disruption of supply and distribution chain in Asia Pacific. In addition, the lockdown scenarios are also impacting the overall manufacturing processes, research, and development activities pertaining to different industries.
Key Market Segments
The rod seals segment accounted for a larger share of the Asia Pacific hydraulic seals market, by product type, in 2019. The chemical segment accounted for a larger share of the Asia Pacific hydraulic seals market, by end user industry, in 2019.
Major Sources and Companies Listed
A few of the major primary and secondary sources referred to while preparing this report on the Asia Pacific hydraulic seals market include A.W. Chesterton Company, Freudenberg Sealing Technologies, James Walker, Kastas Sealing Technologies, Parker Hannifin Corp, SealTeam Australia, SKF, and Trelleborg Group.
Reasons to buy the report
- To understand the Asia Pacific hydraulic seals market landscape and identify market segments that are most likely to guarantee a strong return
- To stay ahead by comprehending the ever-changing competitive landscape for the hydraulic seals market
- To efficiently plan M&A and partnership deals in the hydraulic seals market by identifying market segments with most promising probable sales
- To take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segments in the hydraulic seals market
- To obtain market revenue forecast for market by various segments from 2018 to 2027
Asia Pacific Hydraulic Seals Market Segmentation
By Product Type
- Wiper Seals
- Piston Seals
- Rod Seals
- Buffer Seals
- Others
By End-User Industry
- Automotive
- Aerospace
- Agriculture
- Chemical
- Marine
- Others
Company Profiles
- A.W. Chesterton Company
- Freudenberg Sealing Technologies
- James Walker
- Kastas Sealing Technologies
- Parker Hannifin Corp
- SealTeam Australia
- SKF
- Trelleborg Group
By Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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. Asia Pacific Hydraulic Seals Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 APAC
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 – Asia Pacific Market Analysis
6.1 Hydraulic Seals Market Overview
6.2 Asia Pacific Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Key Market Players
7. Asia Pacific 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. Asia Pacific 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. Asia Pacific Hydraulic Seals Market – Geographic Analysis
9.1 Overview
9.1.1 Asia Pacific: Hydraulic Seals Market –Revenue and Forecast to 2027(US$ Million)
9.1.2 Asia Pacific: Hydraulic Seals Market, by Product
9.1.3 Asia Pacific: Hydraulic Seals Market, by End-User Industry
9.1.4 Asia Pacific: Hydraulic Seals Market, by Key Country
9.1.4.1 Australia: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
9.1.4.1.1 Australia: Hydraulic Seals Market, by Product
9.1.4.1.2 Australia: Hydraulic Seals Market, by End-User Industry
9.1.4.2 China: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
9.1.4.2.1 China: Hydraulic Seals Market, by Product
9.1.4.2.2 China: Hydraulic Seals Market, by End-User Industry
9.1.4.3 India: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
9.1.4.3.1 India: Hydraulic Seals Market, by Product
9.1.4.3.2 India: Hydraulic Seals Market, by End-User Industry
9.1.4.4 Japan: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
9.1.4.4.1 Japan: Hydraulic Seals Market, by Product
9.1.4.4.2 Japan: Hydraulic Seals Market, by End-User Industry
9.1.4.5 South Korea: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
9.1.4.5.1 South Korea: Hydraulic Seals Market, by Product
9.1.4.5.2 South Korea: Hydraulic Seals Market, by End-User Industry
9.1.4.6 Rest of Asia Pacific: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
9.1.4.6.1 Rest of Asia Pacific: Hydraulic Seals Market, by Product
9.1.4.6.2 Rest of Asia Pacific: Hydraulic Seals Market, by End-User Industry
10. Impact of COVID-19 Pandemic on Asia Pacific Hydraulic Seals Market
10.1 Overview
10.2 Asia-Pacific: 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. Asia Pacific Hydraulic Seals Market –Revenue and Forecast to 2027 (USD Million)
Table 2. Asia Pacific Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 3. Asia Pacific Hydraulic Seals Market, by End-User Industry– Revenue and Forecast to 2027 (USD Million)
Table 4. Australia Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 5. Australia Hydraulic Seals Market, by End-User Industry– Revenue and Forecast to 2027 (USD Million)
Table 6. China Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 7. China Hydraulic Seals Market, by End-User Industry – Revenue and Forecast to 2027 (USD Million)
Table 8. India Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 9. India Hydraulic Seals Market, by End-User Industry – Revenue and Forecast to 2027 (USD Million)
Table 10. Japan Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 11. Japan Hydraulic Seals Market, by End-User Industry – Revenue and Forecast to 2027 (USD Million)
Table 12. South Korea Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 13. South Korea Hydraulic Seals Market, by End-User Industry – Revenue and Forecast to 2027 (USD Million)
Table 14. Rest of Asia Pacific Hydraulic Seals Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 15. Rest of Asia Pacific 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. Asia Pacific Hydraulic Seals Market Segmentation – ByCountry
Figure 3. Asia Pacific Hydraulic Seals Market Overview
Figure 4. Rod Seals Segment Held Largest Share of Asia Pacific Hydraulic Seals Market
Figure 5. China Held Largest Share of Asia Pacific Hydraulic Seals Market
Figure 6. Asia Pacific Hydraulic Seals Market, Industry Landscape
Figure 7. Hydraulic Seals Market Impact Analysis Of Driver And Restraints
Figure 8. Asia Pacific: 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. Asia Pacific: Hydraulic Seals Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. Asia Pacific: Hydraulic Seals Market Revenue Share, by Product (2019 and 2027)
Figure 24. Asia Pacific: Hydraulic Seals Market Revenue Share, by End-User Industry (2019 and 2027)
Figure 25. Asia Pacific: Hydraulic Seals Market Revenue Share, by Key Country (2019 and 2027)
Figure 26. Australia: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
Figure 27. China: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
Figure 28. India: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
Figure 29. Japan: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
Figure 30. South Korea: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
Figure 31. Rest of Asia Pacific: Hydraulic Seals Market –Revenue and Forecast to 2027 (US$ Million)
Figure 32. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
- A.W. Chesterton Company
- Freudenberg Sealing Technologies
- James Walker
- Kastas Sealing Technologies
- Parker Hannifin Corp
- SealTeam Australia
- SKF
- Trelleborg Group
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific hydraulic seals market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.