The global O Ring Market is expected to be on a splendid growth spree In Upcoming Years. Every vertical is onto the creation of a talent pool to cater to the demands from the public as well as the private sector. Moreover, the emphasis lays on a digital pool of ready-to-hire, experienced, and highly skilled professionals. With close to 10K investment opportunities over the next 10 years, the future is there to witness an escalation herein.
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Furthermore, an O ring can be manufactured with several materials including, Ethylene Propylene Diene Monomer (EPDM) rubber, Nitrile (NBR) rubber, Silicone rubber, Viton rubber, PTFE, Metal, etc. The material type various subjected to the application of O ring.
The prime applications of O ring includes, pneumatic, hydraulic and vacuum applications. Moreover, O ring provide several advantages over other seal types such as, flexibility, superior sealing, wide array of sizes, reusability and low manufacturing costs.
However, some O rings also have drawbacks such as, a PTFE O ring has higher hardness and leakage rate. Also, the shorter lifespan of O rings expected to limit the market growth in the forthcoming years.
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Factors such as, flexibility, superior sealing, wide array of sizes, reusability, low manufacturing costs etc. expected to lay a strong base for the significant growth of O ring in the global market.
However, the cheaper and low quality products expected to limit the presence of key players in the O ring aftermarket. Also, a shorter life cycle of O ring is anticipated to hamper the growth of O ring market over the forecast period.
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O Ring Market: Segmentation
| On the basis of material type |
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| On the basis of application |
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| On the basis of end use industry |
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North America is anticipated to register significant growth in the O ring market owing to growing end use industries in the region. Latin America and Middle East & Africa regions estimated to register uptick in growth of O ring market over the forecast period.
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- Eagle Elastomer, Inc.
- PARKER HANNIFIN CORP
- Marco Rubber & Plastics, LLC
- MAHLE GmbH
- Ge Mao Rubber Industrial Co., Ltd.
- Freudenberg Sealing Technologies
- Dataseal India
- Gallagher Fluid Seals, Inc.
- ISG Elastomers
- Allied Metrics Seals & Fasteners, Inc.
- Apple Rubber Products, Inc.
- Sealing Devices Inc.
- ESP International
- ORing Industrial Networking Corp
- Hi-Tech Seals
- Precision Associates, Inc.
- Daemar Inc.
- Arizona Sealing Devices, Inc.
- Ribblex Prime Industries
- Atlantic Rubber Company, Inc.
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