This site uses cookies, including third-party cookies, that help us to provide and improve our services. Read More

Polymer Seals Market

Polymer Seals Market

Polymer Seals Market, Forecast Material (Polyurethane (PU) Polymer Seals ,Acrylonitrile-butadiene-rubber (NBR) Polymer Seals ,Fluoro-rubber (FKM) Polymer Seals ,Polytetrafluoroethylene (PTFE) Polymer Seals ,Other ) Material Types ,Product (Hydraulic and Pneumatic Seals ,Rotary Seals ,Spring Energized Seals) - Global Market Insights 2021 to 2031

Polymer Seals Market

About the Report

The global 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.

Polymer seals act as a mechanical barrier that protects equipment from different kinds of leakages, abrasion, and wear & tear. Consumers of polymer seals arise from a bundle of industries ranging from transportation, industrial machinery, electronics, healthcare, and others. Aggregate growth of the formerly mentioned industries will provide strong growth in demand for polymer seals over the coming years.

After the initial setbacks of COVID-19, transportation and logistics, especially the marine industry, has gained traction owing to extensive utilization of sea routes for the transportation of LNG, crude, and other materials. Growth of the marine industry is set to cascade the effect to the demand for polymer seals.

Apart from the analysis of demand from end-use industries, supply chain and other factors regarding the polymer seals market have been discussed in the recently published report by Fact.MR. Insights have been streamlined in the report in the form of a timeline, where the report is drafted in historical (2016-2020) and forecast terms (2021-2031). Market trends and opportunities for polymer seals have been analyzed in 20+ high-growth countries, which points towards Europe, East Asia, and North America being the most lucrative markets.

Historical Trends Vs Future Market Projections

Widespread utilization of polymer seals across various industries has diversified the market stance. This has reduced the risk of manufacturers channeling polymer seals across industries over the past half-decade. Over the same period, fluctuations across the automotive and aerospace industry have squeezed demand and created a market risk bubble.

In FY2020, COVID-19 hit the manufacturing sector in the gut, providing a domino effect to the supply and demand of polymer seals. Downfall could be assessed with respect to reduction in industrial investments and enhanced saving of investors in the market. Expected rise in investments across the industrial sector has been observed over the period of Q4 of FY2020, providing strong trade winds to polymer seal manufacturers.

Market growth over the long-run forecast period has been assessed by dividing the term (2021-2031) into three major periods. They are short-run, medium-run, and long-run.

Short-run: Market growth is analyzed along the lines of industrial growth over the period of Q1 of FY2021 to Q4 FY 2023. Market is anticipated to grow at a nominal pace over the same period.

Medium-Run: Spending across industries is set to normalize, which will lead to nominal growth in demand for polymer seals. Apart from market growth factors, pricing factors, exchange rate, and trade policies are discussed in the report in detail.

Long-Run: Change in labor market and shift of manufacturing to developing economies to provide a different outlook to the market by the end of FY2031.

The global oil & gas seal processing industry is focused on improving productivity and efficiency, especially in developing regions such as Asia Pacific where demand is significant. As the oil & gas industry recovers from the impact of coronavirus, it will present promising opportunities for manufacturers of polymer seals over the assessed forecast period, and expected to capture more than quarter market share during the same period.

polymer seals market region

Country-wise Analysis

Why are European countries leading the market for polymer seals?

The European region manufactures over 25% of the motor vehicles produced in the entire world. By vehicle, over 85% total motor vehicles manufactured in Europe are passenger cars, owing to the presence of top class car manufacturers present in Europe. Some of the top manufacturers are Audi, Mercedes, Porsche, BMW, Volkswagen, and Opel, who are the major consumers of polymers seals in the field of transportation catering to significant demand in the region.

Why is China set to witness higher demand potential for polymer seals?

China is the largest automotive market and has been growing at a faster pace over the past-half decade. Chinese government policies and incentives have provided a pathway that shall enhance demand for automotive. Incentives are not only provided to consumers but also to automotive manufacturers in the country. This is set to enhance regional automotive manufacturing and strengthen demand for polymer seals even further.

polymer seals market type

Category-wise Insights

Why is demand for polymer seals high from the aviation sector?

The aircraft industry is experiencing accelerated growth globally, driven by low airfares and fast-growing tourism in Asia Pacific and other regions. Growing usage of air services is set to launch new airplanes, which will heighten the requisite for polymer seals.

In North America, countries such as the U.S. and Canada have leading aircraft manufacturers and OEMs, which leads to a strong market in the region. Aircraft require seals and there are no near substitutes, which is set to drive market growth over the coming years. The market is projected to expand at a rapid pace over the forecast period due to increased investments in the aviation and defence industry.

Will polymer seal application in the oil & gas sector capture highest market share in future?

Various seal manufacturers are significantly focusing on product development, design, and efficiency. Recent discoveries of oil fields in countries such as Malaysia, Norway, Russia, Brazil, Mexico, etc., are expected to increase demand for sealing solutions over the forecast period. With growing sustainability awareness around the world, oil and gas sealing solution companies are embracing innovative manufacturing technologies and practices. Production is expected to rise with increasing adoption of smart precision manufacturing technology and also due to increasing raw material availability.

How has the supply chain of polymer seals ben disrupted due to COVID-19?

To survive in the COVID-affected world, companies need to gain insights into their supply chains to both, track and properly respond to changes in supply and demand. They need a demand-based supply chain that is sensitive to environmental changes. Disruptions in the supply chain during COVID-19 have impacted every single industry, including the oil & gas industry, cascading the effect to the polymer seals industry. In the same way, other industries such as aircraft, marine, etc., where the requirement for polymer seals was high, have faced reduced production, affecting polymer seal consumption over the period.

However, the healthcare industry has seen increased use of polymer seals in various applications, typically prosthetic knees and ankles, patient lifts, homogenizers, decanters, separators, etc. Despite the fillip from the healthcare industry, the overall scenario for the market was not good in 2020 owing to weak supply chain management.

Avail customized purchase options for your needs

Report Scope



Forecast Period


Historical Data Available for


Market Analysis

US$ Mn for Value & Units for Volume

Key Regions Covered

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • Middle East & Africa

Key Countries Covered

  • U.S.
  • Canada
  • Mexico
  • Brazil
  • Germany
  • Italy
  • France
  • U.K.
  • Spain
  • China
  • Japan
  • India
  • GCC
  • Turkey

Key Segments Covered

  • Material
  • Product
  • End Use
  • Sales Channel
  • Region

Key Companies Profiled

  • 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
  • Novotema

An Adaptive Approach to Modern-day Research Needs

Key Market Segments Covered in Report

  • Material

    • Polyurethane (PU) Polymer Seals
    • Acrylonitrile-butadiene-rubber (NBR) Polymer Seals
    • Fluoro-rubber (FKM) Polymer Seals
    • Polytetrafluoroethylene (PTFE) Polymer Seals
    • Other Material Types
  • Product

    • Hydraulic and Pneumatic Seals
    • Rotary Seals
    • Spring Energized Seals
  • End Use

    • Polymer Seals for Transportation Equipment
      • Automotive and Components
      • Aircraft and Components
      • Railroad Equipment 
      • Marine Transportation and Components
    • Polymer Seals for Industrial Machinery and Equipment
    • Polymer Seals for Electronic Apparatus and Appliances
    • Polymer Seals for Healthcare
      • Medical devices and Component Manufacturing
      • Surgical tool manufacturing
    • Polymer Seals for Oil and Gas Extraction
    • Polymer Seals for Construction Infrastructure and Utilities
    • Polymer Seals for MRO, Other Manufacturing, and Assembly Cleaning Fluids
    • 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

- FAQs -

Being a moderately fragmented market, polymer seal manufacturers have a good presence throughout the globe. Key players in the market capture a significant supply share, catering to customers with strong revenue structure.
Polymer seals have played a major role in serving the healthcare industry from the past half-decade, and COVID-19 has provided an impetus to market growth. Other factors regarding the market growth and demand inclination in this sector are provided in the
Among the four materials of polymer seals, PTFE-based polymer seals possess the highest market share of more than one-third. Demand for PTFE-based polymer seals is expected to expand at a higher CAGR over the long-run forecast period.
Europe has the highest market share, and Germany has witnessed the highest demand. But over the long-run forecast period, shift in trade winds is expected for East Asia and South Asia Oceanic countries such as China and India, due to their potential marke
Demand for polymer seals in the healthcare industry is expected to expand at a CAGR of over 5% during the forecast period.

Need an Exclusive Report for your Unique Requirement?

- Related Reports -

Yellow Pea Protein Market

The global yellow pea protein market has seen a historical CAGR of nearly 6% during the period (2015...

Spectrometry Market

Spectrometry Market is expected to increase from a valuation of US$ 7.1 Bn in 2020 to US$ 13.8 Bn by...

Tilapia Market

Tilapia market is expected to grow with increasing demand for frozen whole tilapia & frozen tilapia...

Shrink Wrap Sealers Market

Shrink Wrap Sealers Market to register a moderate single digit growth during the forecast period, 20...

- Our Clients -

Report Client

- Evaluate How Fact.MR's Report Can Help. -

Is the market research conducted by Fact.MR?

Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.

What research methodology is followed by Fact.MR?

Fact.MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.

What are the sources of secondary research?

Fact.MR conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request.

Who are the respondents for primary research?

Fact.MR speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, and industry experts. For a full list of primary respondents, please reach out to us.

Is a sample of this report available for evaluation?

Yes, you can request a sample, and it will be sent to you through an email.