Material Handling Seals Market Analysis | 2024-2031

Material Handling Seals Market Analysis | 2024-2031

Material Handling Seals Market Analysis | 2024-2031
Report code - SR2053 Published On : Apr,2025 No. of Pages: 115
Material Handling Seals Market Size, Share, Trend, Forecast, Competitive Analysis, and Gro See more...

Market Insights

The material handling seals market was estimated at USD 1.2 billion in 2024 and is likely to grow at a CAGR of 3.6% during 2024-2031 to reach USD 1.6 billion in 2031.

Market Dynamics

Introduction

Material handling seals are critical components designed to prevent leakage, contamination, and energy loss in machinery and equipment used across industries such as logistics, manufacturing, automotive, and warehousing. These seals ensure the efficient operation of hydraulic systems, pneumatic actuators, and rotating equipment in applications ranging from forklifts, conveyors, hydraulic lifters, and automated storage solutions. Designed to perform under varying loads, pressures, and environmental conditions, material handling seals help enhance equipment efficiency, reduce maintenance downtime, and extend the lifespan of machinery. 

Market Drivers

The market is witnessing steady growth, fueled by several key drivers. Increased automation and industrialization, particularly in logistics & warehousing industry, are significantly boosting the demand for durable and high-performance sealing solutions. The surge in e-commerce activities and warehouse expansion globally has further amplified the need for material handling equipment, directly contributing to market expansion. Moreover, the shift toward energy-efficient and low-maintenance machinery has led to greater adoption of advanced seals that can endure high pressures, friction, and temperature variations

In addition, the rise of electrification in forklifts and mobile equipment, along with technological advancements in sealing materials (like improved thermoplastics and hybrid compounds), is creating new growth opportunities. With sustainability becoming a top priority, there is also increasing demand for eco-friendly and recyclable sealing materials, further shaping the market dynamics.

Segment Analysis

Segmentations

List of Sub-Segments

Segments with High Growth Opportunity

Application-Type Analysis

Forklift and Other Applications

Forklift is likely to be the bigger demand generator for material handling seals during the forecast period.

Material-Type Analysis

Elastomeric Seals, Thermoplastic Seals, and Metallic Seals

Thermoplastic seals are anticipated to be the fastest-growing material type in the market during the forecast period.

Product-Type Analysis

O-rings, Gaskets, Energized Seals, Lip Seals, and Other Products.

Lip seals are expected to be the dominant product type in the market during the forecast period.

Motion-Type Analysis

Static Seals, Linear Seals, and Rotary Seals.

Rotary Seals are likely to be the most preferred choice by motion type in the market during the forecast period.

Regional Analysis

North America, Europe, Asia-Pacific, and Rest of the World

Asia-Pacific is anticipated to be the dominant as well as the fastest-growing market by region during the forecast period.

By Application Type

“Forklift is anticipated to remain the dominant and faster-growing application of the material handling seals market throughout the forecast period.”

The material handling seals market is segmented by application type into forklifts and other applications. Among these, the forklift is projected to maintain its dominance during the forecast period.

Forklifts play an indispensable role in material handling operations across a wide range of industries, including logistics, manufacturing, construction, and warehousing. As the backbone of intralogistics and warehouse automation, forklifts are in constant operation and are subject to demanding working conditions requiring reliable sealing solutions to ensure hydraulic system integrity, prevent fluid leakage, and maintain mechanical performance. This consistent demand for high-performance seals, particularly in hydraulic and pneumatic systems, reinforces the forklift segment’s dominance in the market.

Moreover, the growing emphasis on operational efficiency, safety, and productivity has accelerated the global shift toward electric and automated forklifts. These modern machines often operate in tight spaces and extended cycles, intensifying the need for advanced sealing technologies that can withstand higher pressures, extreme temperatures, and continuous motion. The rise of e-commerce and expansion of distribution centers globally further amplify this demand, making forklifts not only the most widely used application in material handling but also the fastest-growing segment. This trend is particularly evident in rapidly industrializing regions like Asia-Pacific and mature markets investing in smart warehousing and automation

By Material Type

“Elastomeric seals are projected to hold the largest share of the material handling seals market, while thermoplastic seals are expected to exhibit the highest growth rate over the forecast period."

Based on material type, the material handling seals market is divided into elastomeric seals, thermoplastic seals, and metallic seals. Elastomer seals are expected to be the dominating whereas thermoplastic seals are likely to be the fastest-growing segment in the market during the forecast period. Elastomeric seals continue to dominate the material handling seals market due to their exceptional flexibility, resilience, and cost-effectiveness. These seals offer excellent resistance to compression, wear, and a wide range of temperatures and pressures, making them ideal for dynamic applications such as hydraulic systems in forklifts and other material handling equipment. Their ability to maintain sealing integrity under constant movement and load variation has made elastomeric seals a preferred choice across various industry verticals. Additionally, their relatively lower cost and ease of customization further support their widespread adoption, especially in standard machinery.

On the other hand, thermoplastic seals are gaining rapid traction and are anticipated to be the fastest-growing material type in the market. This growth is driven by their superior mechanical strength, high chemical resistance, and excellent performance in extreme environmental conditions. Thermoplastic materials such as PTFE (Polytetrafluoroethylene) and PEEK (Polyether ether ketone) are increasingly being adopted in high-performance applications where traditional elastomers may fall short.

By Product Type

“Lip seals are anticipated to remain the dominant product of the material handling seals market, while energized seals are expected to register the highest growth rate during the forecast period”.

The material handling seals market is segmented by product type into O-rings, gaskets, energized seals, lip seals, and other products. Among these, lip seals are projected to hold the largest revenue share, while energized seals are anticipated to exhibit the highest CAGR during the forecast period.

Lip seals dominate the market due to their versatility, cost-effectiveness, and widespread application in rotating machinery. These seals are critical in preventing lubricant leakage and contaminant ingress in equipment such as forklift axles, hydraulic pumps, and conveyor belt motors. Their simple yet robust design, featuring a flexible lip that maintains contact with moving surfaces, makes them ideal for high-speed, high-friction environments.

Energized seals, such as spring-energized PTFE seals, are gaining traction as the fastest-growing segment due to their superior performance in extreme environments. These seals incorporate an energizing element (e.g., helical springs) to maintain sealing force under fluctuating pressures and temperatures. With the rise of automation, electrification, and the need for high-performance, leak-proof systems in material handling operations, energized seals are increasingly favored for their superior durability, precision, and reliability in critical applications.

By Motion Type

“Rotary seals are projected to be the dominant segment in the material handling seals market, while linear seals are anticipated to witness the fastest growth during the forecast period”.

Based on motion type, the material handling seals market is divided into static seals, linear seals, and rotary seals. Rotary seals are expected to be the dominating whereas linear seals are expected to be the fastest-growing segment during the forecast period. Rotary seals dominate the market due to their critical role in rotating machinery such as motors, pumps, gearboxes, and axle systems, which are ubiquitous in material handling equipment like forklifts, conveyor belts, and automated guided vehicles (AGVs). These seals are specifically designed to prevent lubricant leakage and the intrusion of dirt, dust, and moisture into rotating assemblies, ensuring smooth and reliable operation. Their dominance in the market is driven by the widespread use of rotary motion in essential equipment across logistics, warehousing, and manufacturing industries. Furthermore, the durability, versatility, and proven performance of rotary seals across diverse working environments continue to support their strong presence in the market

Linear seals are the fastest-growing segment, fueled by the rise of automation and hydraulic/pneumatic systems in modern material handling. These seals are designed for reciprocating motion in cylinders, actuators, and lifting mechanisms.

Regional Analysis

“The Asia-Pacific region is projected to be both the largest and the fastest-growing market for material handling seals during the forecast period."

The Asia-Pacific region is expected to lead the material handling seals market in terms of both size and growth due to its robust industrial expansion, growing manufacturing output, and rising investments in logistics and infrastructure development. Countries such as China, India, Japan, and South Korea are major hubs for automotive, electronics, and heavy machinery production, all of which heavily rely on material handling systems that utilize seals for hydraulic and mechanical performance. The region's cost-effective manufacturing capabilities and favorable government policies supporting industrial growth have further accelerated demand for advanced sealing solutions.

Additionally, the rapid growth of e-commerce, warehousing, and third-party logistics (3PL) in the region is driving the adoption of automated material handling equipment, thereby boosting the need for high-performance seals.

Key Players

The following are the key players in the material handling seals market. 

Here is the list of the Top Players (Alphabetically Arranged)

  • AB SKF
  • EnPro Industries
  • Freudenberg Group
  • Greene Tweed & Co.
  • Hallite Seals International
  • Kastas Sealing Technologies
  • Saint-Gobain S.A.
  • SSP Manufacturing Inc.
  • Trelleborg AB

Note: The above list does not necessarily include all the top players in the market.

Are you the leading player in this market? We would love to include your name. Please write to us at [email protected]

Research Methodology

  • This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s material handling seals 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 market participants and investors in identifying the low-hanging fruit available in the market and formulating 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 Stratview Research’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. 
  • We conducted more than 15 detailed primary interviews with 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 most comprehensively. The report structure has been kept so that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for 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, Service 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 the existing and new players.
  • Key success factors.

Market Segmentation

This report studies the market, covering 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The global material handling seals market is segmented into the following categories.  

By Application Type

  • Forklift 
  • Other Applications 

By Material Type 

  • Elastomeric Seals 
  • Thermoplastic Seals 
  • Metallic Seals 

By Product Type

  • O-rings 
  • Gaskets 
  • Energized Seals 
  • Lip Seals 
  • Other Products 

By Motion Type

  • Static Seals 
  • Linear Seals 
  • Rotary Seals 

By Region

  • North America (Country Analysis: The USA and Mexico)
  • Europe (Country Analysis: Germany, France, The UK, and the Rest of Europe)
  • Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific)
  • Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respected clients:

Company Profiling

  • Detailed profiling of additional market players (up to three players)
  • SWOT analysis of key players (up to three players) 

Competitive Benchmarking

  • Benchmarking of key players on the following parameters: Service portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across industries. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected] 

A Bird's Eye View of the Market

Material handling seals are sealing devices incorporated in various material handling equipment to control the leakage, contamination, and wear associated with the effective movement of material. These seals are typically found in conveyors and hydraulic and pneumatic systems, as well as in spinning machinery, in industries including manufacturing, logistics, mining, and food production.

The forecasted value of the material handling seals market is expected to reach US$ 1.6 billion in 2031.

The Material Handling seals market is estimated to grow at a CAGR of 3.6% by 2031, driven by the rapid expansion of industrial automation, warehousing, and logistics infrastructure globally. As industries increasingly adopt smart and electric material handling equipment to enhance efficiency, safety, and sustainability, the demand for high-performance sealing solutions continues to rise. The growth of e-commerce, particularly in emerging markets, is further fueling investments in advanced forklifts, conveyors, and automated storage systems, each of which relies heavily on reliable sealing systems to ensure operational integrity.

The key drivers propelling the material handling seals market include the rising demand for automated and efficient material handling systems across industries such as manufacturing, logistics, construction, and e-commerce. The increasing focus on operational efficiency, workplace safety, and equipment reliability has heightened the need for durable and high-performance sealing solutions. Additionally, the growth of electric and hybrid material handling equipment, especially forklifts and pallet stackers, is driving the adoption of advanced seals capable of withstanding high pressures, temperatures, and continuous motion. Ongoing infrastructure development in emerging economies, coupled with the expansion of global supply chains and warehouse automation, further boosts the market.

The Asia-Pacific region holds the largest market share in the material handling seals market, primarily due to its rapid industrialization, expanding manufacturing base, and significant investments in logistics and infrastructure development. Countries like China, India, Japan, and South Korea are major centers for heavy machinery, automotive, electronics, and e-commerce, all of which heavily depend on efficient material handling systems. The increasing demand for automation and warehouse modernization in these countries has accelerated the adoption of high-performance sealing solutions in forklifts, conveyors, and robotic equipment. Additionally, supportive government initiatives, low manufacturing costs, and a growing emphasis on energy-efficient and durable machinery continue to strengthen Asia-Pacific's dominance in the global market.