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Transportation Seals Market Size Expected to Reach US$ 18.9 Billion by 2028

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Transportation Seals Market Size Expected to Reach US$ 18.9 Billion by 2028

March 23
02:36 2023
Transportation Seals Market Size Expected to Reach US$ 18.9 Billion by 2028
Transportation Seals Market Research Report 2023-2028
The global transportation seals market size reached US$ 13.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 18.9 Billion by 2028, exhibiting a growth rate (CAGR) of 5.72% during 2023-2028. driven by rising product utilization to ensure secure and efficient operations of vehicles and equipment.

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.

What is the market size for transportation seals?

The global transportation seals market size reached US$ 13.2 Billion in 2022.  Looking forward, IMARC Group expects the market to reach US$ 18.9 Billion by 2028, exhibiting a growth rate (CAGR) of 5.72% during 2023-2028.

Transportation Seals Market Trends:

The market 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.

Request for a free sample copy of this report: https://www.imarcgroup.com/transportation-seals-market/requestsample

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 Region:

  • 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

 

Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=7089&flag=C

Competitive Landscape:

  • 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

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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