The Latest Industry Analysis Report On O-rings
The Latest Industry Analysis Report On O-rings
According to the "2025-2030 O-Ring Industry Market Status Supply and Demand Analysis and Key Enterprise Investment Evaluation Planning Analysis Research Report", China's O-ring industry will enter a period of stable growth from 2025 to 2030. The market size is expected to expand from approximately 12 billion yuan in 2025 to 18 billion yuan in 2030, with an average annual compound growth rate of 8.5%. The growth was mainly driven by the development of downstream industries such as automotive manufacturing, aerospace, and petrochemicals, as well as the rising demand for high-performance seals. Meanwhile, the industry has corresponding development trends and changes in terms of technology, policy, investment, etc. For instance, the application of new materials and intelligent manufacturing technologies have driven the improvement of product performance, and the "carbon neutrality" goal has prompted the industry to undergo green transformation.