IMARC Group, a leading market research company, has recently releases report titled “Transportation Seals Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global transportation seals market share, size, trends and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the transportation seals market?

Report Attributes

Details

Market Size in 2022

US$ 12.7 Billion

Market Forecast in 2028

US$ 20.0 Billion

Growth rate (2023 to 2028)

CAGR of 7.79%

Base Year of the Analysis

2022

Forecast Period

2023-2028

What is transportation seals?

Transportation seals are essential components that bridge the gap between two mating surfaces in different transportation systems, such as planes, trains, buses, trucks, and ships. Some common transportation seals include O-rings, gaskets, V-rings, lips, flange, bonded glands, and shafts. They are manufactured using metals, composites, thermoplastics, and various elastomers like nitrile rubber, silicon, and fluorocarbon. They also improve the efficiency of systems, increase safety, extend service life, and reduce maintenance costs while lowering emissions and enhancing fuel efficiency.

As a result, transportation seals find extensive applications in different parts of transportation systems, including cylinder heads, exhaust systems, engines, pumps, transmissions, and intake manifolds, to prevent fluid leakage and protect system components from contaminants, such as dust and dirt.

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What are the growth prospects and trends in the transportation seals?

The global transportation seals market is primarily driven by rising product utilization to ensure secure and efficient operations of vehicles and equipment. Moreover, increasing global and in-land trade activities through various transportation methods, such as container ships, trucks, airplanes, and railways, is positively influencing the market growth. Additionally, the surging adoption of transportation seals, which not only improves fuel efficiency and reduces harmful gas emissions but also prevents leakage of harmful chemicals into the environment due to rising environmental awareness, has catalyzed market growth.

Furthermore, the integration of three-dimensional (3D) printing technology, which produces gaskets, O-rings, and custom seals with complex geometries, saving time, reducing costs, and improving production rates, is contributing to the market growth. Other factors, including increasing investments in research and development (R&D), rising demand for high-performance transportation seals to improve fuel efficiency, and favorable government initiatives to reduce harmful emissions, are also anticipated to drive the market further.

What is included in market segmentation?

The report has segmented the market into the following categories:

Type Insights:

  • Lip Seals
  • Gaskets
  • O-Ring
  • Others

Material Insights:

  • Elastomers Seals
  • Thermoplastics
  • Metal Seals

Motion Insights:

  • Static Seals
  • Linear Seals
  • Rotary Seals

End Use Insights:

  • Aerospace
  • Automotive
  • Rail
  • Marine
  • Others

Breakup by Geography:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • AB SKF
  • Compagnie de Saint-Gobain S.A.
  • Cooper Standard Automotive Inc.
  • Freudenberg & Co. Kommanditgesellschaft
  • Hutchinson SA (TotalEnergies SE)
  • Meccanotecnica Umbra S.p.A
  • Parker-Hannifin Corporation
  • Tenneco Inc.
  • Trelleborg AB

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