The COVID-19 pandemic severely affected various end-use industries where encapsulated O-rings are preferred including the halt of production facilities, shortage of labor, and disruption of the supply chain across the globe. Chemical, petrochemical, oil & gas, semiconductor, and automotive, were among the worst-hit industries. On the other side, food & beverage, and pharmaceutical industries registered the least impact of the pandemic. The severe impact of the pandemic on chemical, petrochemical, semiconductor, oil & gas, and automotive industries was partially offset by the significant growth in the food & beverage, pharmaceutical, and medical industries.
The stringent regulations, such as FDA, EC 2023/2006, EU Reg. 1935/2004, and USP Class-VI; and failure of solid PTFE O-rings in harsh chemical and high-temperature environments provide good growth opportunities to encapsulated O-ring manufacturers. Overall, the encapsulated O-rings market is expected to grow steadily in the coming years, driven by the increasing demand for high-performance sealing solutions in various industries. In the long run, the market for encapsulated O-rings is likely to mark more than 3% CAGR over the coming years to reach US$ 132.3 million in 2030.
Based on the core material type, the encapsulated O-rings market is segmented into FKM, silicone, and others. Due to the excellent elasticity, good chemical resistance, and outstanding compression, FKM core material dominated the market in 2023 and is likely to maintain its dominance throughout the forecast period. The silicone core material is preferred in low-temperature applications as it remains flexible at a lower temperature because of its greater softness than FKM and has a higher standard of heat resistance.
Based on the core structure type, the encapsulated O-rings market is segmented into solid core and hollow core structures. Solid core is likely to remain the leading segment of the market in the coming years, driven by its excellent resistance to compression set and good recovery characteristics. FKM and silicone are dominantly used core materials for solid-core encapsulated O-rings. FKM solid core provides excellent elasticity and high-level compression, whereas silicone solid core performs excellent for a wider range of temperatures.
Based on the end-use industry type, the encapsulated O-rings market is classified into chemical, petrochemical, pharmaceutical, food & beverage, and others (oil & gas, semiconductor, aerospace & defense, and automotive industry). The chemical industry is the biggest user of encapsulated O-rings, driven by the extensive use of aggressive chemicals, making encapsulated O-rings a preferred choice. These O-rings are also widely used in the food & beverages and pharmaceutical industries as they are compliant with the Food and Drug Administration (FDA), EC1935/2004 and EC2023/2006, USP Class VI, and 3A 18-03 Sanitary Standards.
In terms of regions, Europe is expected to maintain its lead in the years to come with the presence of leading encapsulated O-ring manufacturers, such as Vulcan Engineering Limited and Northern Engineering (Sheffield) Ltd. Europe is one of the largest producers of chemicals, petrochemicals, automotive, and food processing equipment. Asia-Pacific is expected to be the fastest-growing market with China and India being the growth engines. This growth will likely be accompanied by a rise in local production, increased competition, and growing awareness for superior sealing solutions.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with the analyst's internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. The analyst conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
The stringent regulations, such as FDA, EC 2023/2006, EU Reg. 1935/2004, and USP Class-VI; and failure of solid PTFE O-rings in harsh chemical and high-temperature environments provide good growth opportunities to encapsulated O-ring manufacturers. Overall, the encapsulated O-rings market is expected to grow steadily in the coming years, driven by the increasing demand for high-performance sealing solutions in various industries. In the long run, the market for encapsulated O-rings is likely to mark more than 3% CAGR over the coming years to reach US$ 132.3 million in 2030.
Recent Market JVs and Acquisitions
- In 2023, TFC acquired EAP International Limited, a leading distributor of rubber sealing products, including encapsulated O-rings, gaskets, and associated technical products. EAP International is headquartered in Greater Manchester, the UK.
- In 2024, Carco PRP Group acquired ROW, Inc., a Chicago-Illinois-based manufacturer of encapsulated O-rings and gaskets used in industrial applications in the filtration, fluid power, hydraulics, and pharmaceutical industries.
Based on the core material type, the encapsulated O-rings market is segmented into FKM, silicone, and others. Due to the excellent elasticity, good chemical resistance, and outstanding compression, FKM core material dominated the market in 2023 and is likely to maintain its dominance throughout the forecast period. The silicone core material is preferred in low-temperature applications as it remains flexible at a lower temperature because of its greater softness than FKM and has a higher standard of heat resistance.
Based on the core structure type, the encapsulated O-rings market is segmented into solid core and hollow core structures. Solid core is likely to remain the leading segment of the market in the coming years, driven by its excellent resistance to compression set and good recovery characteristics. FKM and silicone are dominantly used core materials for solid-core encapsulated O-rings. FKM solid core provides excellent elasticity and high-level compression, whereas silicone solid core performs excellent for a wider range of temperatures.
Based on the end-use industry type, the encapsulated O-rings market is classified into chemical, petrochemical, pharmaceutical, food & beverage, and others (oil & gas, semiconductor, aerospace & defense, and automotive industry). The chemical industry is the biggest user of encapsulated O-rings, driven by the extensive use of aggressive chemicals, making encapsulated O-rings a preferred choice. These O-rings are also widely used in the food & beverages and pharmaceutical industries as they are compliant with the Food and Drug Administration (FDA), EC1935/2004 and EC2023/2006, USP Class VI, and 3A 18-03 Sanitary Standards.
In terms of regions, Europe is expected to maintain its lead in the years to come with the presence of leading encapsulated O-ring manufacturers, such as Vulcan Engineering Limited and Northern Engineering (Sheffield) Ltd. Europe is one of the largest producers of chemicals, petrochemicals, automotive, and food processing equipment. Asia-Pacific is expected to be the fastest-growing market with China and India being the growth engines. This growth will likely be accompanied by a rise in local production, increased competition, and growing awareness for superior sealing solutions.
Key Players
The market is highly populated, with the presence of several local, regional, and global players. Most of the major players compete on some of the governing factors including price, product offerings, regional presence, etc. The following are the key players in the encapsulated O-rings market:- Vulcan Seals
- ERIKS NV
- Trelleborg AB
- ROW, Inc.
- Freudenberg Group
- Northern Engineering (Sheffield) Ltd.
- Greene Tweed
Research Methodology
This strategic assessment report provides a comprehensive analysis that reflects today’s encapsulated O-rings market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with the analyst's internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. The analyst conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key features of the report:- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
- COVID-19 impact and its recovery curve
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for existing and new players
- Key success factors
The encapsulated O-rings market is segmented into the following categories:
Encapsulated O-rings Market, by Jacket Material Type
- FEP (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- PFA (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Encapsulated O-rings Market, by Core Material Type
- FKM (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Silicone (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Encapsulated O-rings Market, by Core Structure Type
- Solid Core (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Hollow Core (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Encapsulated O-rings Market, by Motion Type
- Static (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Rotary (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Encapsulated O-rings Market, by End-Use Industry Type
- Chemical (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Petrochemical (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Pharmaceutical (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Food & Beverage (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Encapsulated O-rings Market, by Region
- North America (Country Analysis: The USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, The UK, Russia, and Rest of Europe)
- Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific)
- Rest of the World (Country Analysis: Latin America, The Middle East, and Others)
Table of Contents
1. Executive Summary: A Bird’s Eye View of the Market
2. Market Environment Analysis: Study of Factors Affecting the Market Dynamics
3. Encapsulated O-rings Market Assessment (2018-2030) (US$ Million)
4. Encapsulated O-rings Market Segments’ Analysis (2018-2030) (US$ Million)
5. Competitive Analysis
6. Strategic Growth Opportunities
7. Company Profiles of Key Players (Alphabetically Arranged)
8. Appendix
Companies Mentioned
- Daemar Inc.
- ERIKS NV
- Freudenberg Group
- Greene Tweed
- James Walker Group Ltd
- M-Cor Inc.
- Northern Engineering (Sheffield) Ltd.
- OneMonroe
- ROW, Inc.
- Trelleborg AB
- Vulcan Seals
Methodology
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