Global Ring Seals Market Overview:
A ring seal is a loop of elastomer, designed to be seated in a groove and compressed during assembly between two or more parts, creating a seal at the interface. They are very commonly found in pumps, cylinders, connectors, and valves, helping to seal joints between separate parts and prevent leaking of gases and fluids. They’re used with static, dynamic, hydraulic and pneumatic components, making them an especially versatile solution to a very widespread engineering issue.
- The Rising Demand for Ring Seals from Automotive Industry
- Rising Leakage Risks among the Various Industries
- Seal Ring Failures May Act as Restraints
- The Growth Opportunities from Developing Countries
- Technological Advancements in Ring Seals
Some of the key players profiled in the report are PARKER HANNIFIN CORP (United States), AB SKF (Sweden), Freudenberg (Germany), Paulstra-Industry (France), Dichtomatik (Germany), Harwal (United States), McMaster-Carr (United States), IDEX Sealing Solutions (United Kingdom), All Seals Inc. (United States) and Diploma Plc (United Kingdom). Additionally, following companies can also be profiled that are part of our coverage like Apple Rubber (United States), Trelleborg (Sweden), METAX Kupplungs- und Dichtungstechnik GmbH (Germany), Kastas Sealing Solutions (Turkey), ERIKS (Netherlands), Temel Gaskets (United States), Saint-gobain (France), Beike Sealing (China), Gore (United States), American High-Performance Seals (United States), Performance Sealing (United States), James Walker & co. (United Kingdom), FPE Seals (United Kingdom), Garlock Sealing Technologies (United States) and MKS (China). Analyst at AdvanceMarketAnalytics see Manufacturing Technique Vendors to retain maximum share of Global Ring Seals market by 2024. Considering Market by End User Industry, the sub-segment i.e. Automotive will boost the Ring Seals market. Considering Market by Manufacturing Technique, the sub-segment i.e. Extrusion will boost the Ring Seals market. Considering Market by Material Type, the sub-segment i.e. Nitrile Rubber will boost the Ring Seals market.
On 17 June 2019, Freudenberg Sealing Technologies has introduced several new materials and sealing innovations at the 2019 International Paris Air Show that are designed to help aerospace customers address ever-increasing safety and performance requirements in the industry.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Ring Seals market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Ring Seals market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Ring Seals Manufacturers, Ring Seals Raw Material Suppliers, Ring Seals Traders/Distributors, Ring Seals Importer/Exporter, Regulatory & Government Bodies, Downstream Vendors, End Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.