Global Shaft Seals Market Growth (Status and Outlook) 2024-2030

Global Shaft Seals Market Growth (Status and Outlook) 2024-2030

Shaft seals, also known as oil seals or rotary seals, are mechanical devices used to prevent the leakage of fluids (such as oil, grease, or other lubricants) from rotating or reciprocating shafts in machinery and equipment. These seals are crucial for maintaining the integrity of a system by preventing contaminants from entering and lubricants from escaping.

The global Shaft Seals market size is projected to grow from US$ million in 2023 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.

LPI (LP Information)' newest research report, the “Shaft Seals Industry Forecast” looks at past sales and reviews total world Shaft Seals sales in 2023, providing a comprehensive analysis by region and market sector of projected Shaft Seals sales for 2024 through 2030. With Shaft Seals sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Shaft Seals industry.

This Insight Report provides a comprehensive analysis of the global Shaft Seals landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Shaft Seals portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Shaft Seals market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Shaft Seals and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Shaft Seals.

United States market for Shaft Seals is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Shaft Seals is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Shaft Seals is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Shaft Seals players cover Trelleborg, SKF, M Seals, Kalsi Engineering and FTL Technology, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Shaft Seals market by product type, application, key players and key regions and countries.

Segmentation by type
Radial Shaft Seals
Rotary Shaft Seals

Segmentation by application
Automotive
Machinery
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Trelleborg
SKF
M Seals
Kalsi Engineering
FTL Technology
Freudenberg Sealing Technologies
EagleBurgmann
Parker Hannifin
NOK

Please note: The report will take approximately 2 business days to prepare and deliver.