China Set to Witness Highest Demand Potential for Rotary Polymer Seals Market - Fact.MR Study

The impact of the COVID-19 outbreak has compelled several manufacturers and industries to rethink their operations to gradually recover from the losses incurred for years to come. The organic chemicals industry suffered a huge setback due to halted production and a limited supply of raw materials.

The report offers actionable and valuable market insights of Rotary Polymer Seals. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Rotary Polymer Seals Market across various industries and regions.

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The global Rotary Polymer Seals market is slated to expand at a CAGR of close to 6% throughout the 2021-2031 assessment period. Hydraulic & pneumatic seals and rotary seals will remain most sought-after across industries, with both these segments together holding close to four-fifth overall market share.

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Rotary Polymer Seals market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Rotary Polymer Seals

This newly published and insightful report sheds light on Market Insights of Rotary Polymer Seals, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Rotary Polymer Seals Market.

The study offers comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales of Rotary Polymer Seals across the globe.

A comprehensive estimate on the market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of Rotary Polymer Seals during the forecast period. Price point comparison by region with global average price is also considered in the study.

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Key Market Segments Covered in Report

• Material
  • Rotary Polymer Seals
  • Acrylonitrile-butadiene-rubber (NBR) Rotary Polymer Seals
  • Fluoro-rubber (FKM) Rotary Polymer Seals
  • Polytetrafluoroethylene (PTFE) Rotary Polymer Seals
  • Other Material Types
• Product
  • Hydraulic and Pneumatic Seals
  • Rotary Seals
  • Spring Energized Seals
• End Use
  • Rotary Polymer Seals for Transportation Equipment
    • Automotive and Components
    • Aircraft and Components
    • Railroad Equipment
    • Marine Transportation and Components
  • Rotary Polymer Seals for Industrial Machinery and Equipment
  • Rotary Polymer Seals for Electronic Apparatus and Appliances
  • Rotary Polymer Seals for Healthcare
    • Medical devices and Component Manufacturing
    • Surgical tool manufacturing
  • Rotary Polymer Seals for Oil and Gas Extraction
  • Rotary Polymer Seals for Construction Infrastructure and Utilities
  • Rotary Polymer Seals for MRO, Other Manufacturing, and Assembly Cleaning Fluids
  • Rotary Polymer Seals for Perfumes & Fragrances
  • Others
• Sales Channel
  • OEMs
  • After Market
• Region
  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • Middle East & Africa

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Key Takeaways from Market Study

• The global Rotary Polymer Seals market is anticipated to add 1.7X times value by 2031.
• Oil & gas end-use expected to capture highest share and is set to create US$ 5.5 Bn opportunity over the forecast period.
• Hydraulic and pneumatic seals are the fastest-growing types, owing to rapid growth of inclusion in transportation equipment end use across the globe.
• Europe is set to dominate market revenue in 2021 and is expected to gain 137 BPS in its market share by 2031.
• The aftermarket sales channel is projected to create an absolute $ opportunity of US$ 2 Bn over the forecast period, but lose 173 BPS in its market share by 2031.
• East Asia and South Asia & Oceania are key regional market expected to grow at a high pace over the long term and gain 227 BPS and 98 BPS, respectively, by 2031.
• As far as countries are concerned, the market in Germany, China, and India is set to expand at over 7% CAGR, each, through 2031.
• Due to the onset of COVID-19, the market saw a dismal growth rate of -2.6% in 2020.

“Rising spending in research & development to bring future growth possibilities for manufacturers from various end-use sectors,” says a Fact.MR analyst.

Fragmented High Potential Market: Competition Tuning Factor

Key manufacturers of Rotary Polymer Seals are Saint Gobain, SKF AB, Eriks NV, Trelleborg, Bal Seal, Meggit, Parker Hannifin, Advanced Seals & Gaskets Ltd., DLI Seals Ltd., Greene-Tweed, Herzog Dichtungen AG, SHS-Dichtungen-GmbH, Specialised Polymer Engineering Ltd., TRP Polymer Solutions Ltd., Chesterton, Carco, and Novotema. The market is fragmented with a number of manufacturers positioned in tier-2 and tier-3, aggregately capturing more than 75% of the market share.

Rising potential of Rotary Polymer Seals is set to create avenues for tier-2 and tier-3 players over the long-run forecast period. Moreover, ease of manufacturing Rotary Polymer Seals with minor technical barriers will encourage new players to enter this market space.

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Key Question answered in the survey of Rotary Polymer Seals market report:

• Sales and Demand of Rotary Polymer Seals
• Growth of Rotary Polymer Seals Market
• Market Analysis of Rotary Polymer Seals
• Market Insights of Rotary Polymer Seals
• Key Drivers Impacting the Rotary Polymer Seals market
• Which are the Key drivers impacted by Rotary Polymer Seals market
• Restraints Shaping Market Growth
• Market Survey of Rotary Polymer Seals

More Valuable Insights on Rotary Polymer Seals Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Rotary Polymer Seals, Sales and Demand of Rotary Polymer Seals, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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