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Global Fluid Rotary Union Market, Sales Analysis, ...

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Home > Machinery & Equipment > Global Fluid Rotary Union Market, Sales Analysis, Industry Drivers & Opportunities, Recent Trends & Developments, and Forecast 2022 - 2028

Global Fluid Rotary Union Market, Sales Analysis, Market Revenue, Industry Drivers & Opportunities, Recent Trends & Developments, COVID-19 Impact, Regional Outlook, and Forecast 2022 – 2028, By Function (Simplex, Duplex with Stationary Siphon, Duplex with Rotary Siphon); By Ports (Single Port, Dual Port, Multiple Port); By Rotation (150 to 500 RPM, 500 to 1000 RPM, 1000 to 3000 RPM, 3000 to 7000 RPM, 7000 to 10000 RPM, Above 10000 RPM); By Media (Water, Air, Hydraulic Oil, Steam, Hot Oil, Coolant); By Industry (Textile, Chemical, Marine, Oil & Gas, Agriculture, Industrial Manufacturing, Steel, Paper, Tire, Machine Tool); and Region (North America, Europe, Asia Pacific, South America, and Middle East and Africa)

Categories: Machinery & Equipment

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Summary TOC Segmentation Methodology Infographics

Market Outlook

According to Future Market Consulting analysis, Fluid Rotary Union Market size was valued at USD 696.1 Million in 2021 and is projected to reach USD 980.3 Million by 2030, growing at a CAGR of 4% in anticipated time frame of 2022 to 2030. The global Fluid Rotary Union market has expected valuation of USD 737.8 Million in 2023.

Rotary unions are critical parts of the industrial ecology. In a conventional manufacturing setup, hydraulic and pneumatic supply and flow management are crucial for clamping operations. In factories, highly precise rotary unions and joints are utilized to regulate elements such as the volume of fluid required, operating parameters, heat, velocity, and capacity for each individual work holding application. As a result, rotary joints significantly cut maintenance costs while improving efficiency and safety in material handling activities.

Furthermore, by minimizing the risk of fluid leakages, rotary fluids assist minimize the deterioration and wear of mechanical components within production units. This enhances the mechanical equipment's reliability and life cycle.

Market Analysis

Competitive Landscape

  • Moog Inc.
  • Kadant Inc.
  • Columbus McKinnon
  • Spinner GmbH
  • Dynamic Sealing Technologies
  • Deublin Company
  • Pasternack
  • Moflon Technology
  • Rototech
  • BGB Innovation
  • Fourwents Engineering Company
  • Moog GAT GmbH
  • MAIER Group
  • Showa Giken Industrial Co. Ltd.
  • Tengxuan technology Co. Ltd.

Market Dynamics

Drivers

  • Increased rotary union utilization in the manufacturing industry will drive the Worldwide Rotary Union Market.
  • Product development and innovative upgrades will boost the Rotary Union market.

Market Opportunities

  • Severe shortage of rotary joints for various applications across key industry verticals across the globe due to COVID-19.

Report Attributes

Details

Market Size Value In 2021

USD 43.89 billion

Revenue Forecast In 2030

USD 96.13 billion

CAGR

12.1% from 2022 - 2028

Base Year

2021

Historical Data

2018 - 2020

Forecast Period

2022 - 2030

Segments Covered

By Function (Simplex, Duplex with Stationary Siphon, Duplex with Rotary Siphon);

By Ports (Single Port, Dual Port, Multiple Port);

By Rotation (150 to 500 RPM, 500 to 1000 RPM, 1000 to 3000 RPM, 3000 to 7000 RPM, 7000 to 10000 RPM, Above 10000 RPM);

By Media (Water, Air, Hydraulic Oil, Steam, Hot Oil, Coolant); By Industry (Textile, Chemical, Marine, Oil & Gas, Agriculture, Industrial Manufacturing, Steel, Paper, Tire, Machine Tool);

Regional Scope

North America (US, Canada, Mexico);

Europe (UK, Germany, France, Italy, Spain, Rest of Europe);

Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific);

Middle East & Africa (GCC, South Africa, Rest of Middle East & Africa);

South America (Brazil, Argentina, Rest of South America);

Key Companies

Moog Inc., Kadant Inc., Columbus McKinnon, Spinner GmbH, Dynamic Sealing Technologies, Deublin Company, Pasternack, Moflon Technology, Rototech, BGB Innovation, Fourwents Engineering Company, Moog GAT GmbH, MAIER Group, Showa Giken Industrial Co. Ltd., Tengxuan technology Co. Ltd.

 Segment Insights

  • Based on Function, Simplex accounted for the market share of 25.2% in 2021, with a market value of USD 175.3 Million and is projected to grow at a CAGR of 3.7% during the forecast period.
  • Based on Ports, Single Port accounted for the largest market share of 48.3% in 2021, with a market value of USD 336.2 Million and is projected to grow at a CAGR of 4.1% during the estimated period.
  • Based on Rotations, 1000 to 3000 RPM accounted for the largest market share of 33.1% in 2021, with a market value of USD 230.1 Million and is projected to grow at a CAGR of 4.7% within the period of 2022 to 2030.
  • Based on Media, Hydraulic Oil accounted for the market share of 25.5% in 2021, with a market value of USD 177.7 Million and is projected to grow at a CAGR of 4.3% during the forecast period.
  • Based on Industry, Oil & Gas accounted for the largest market share of 23.3% in 2021, with a market value of USD 162.5 Million and is projected to grow at a CAGR of 4.9% during the anticipated period.

 Recent Developments

Sept’20 – Duff Norton announced a new category of rotary unions for the offset printing and plastic markets.


Dec’19 – Kadant Inc subsidiary Kadant Johnson LLC unveiled a new innovation of rotary joints meant to transmit heat or thermal oil through and out of rotating machinery

 Regional insights

Regional Insights

  • Globally, APAC accounted for the largest market share of 42.7% in 2021, with a market value of USD 297 Million and is projected to grow at the CAGR of 4.5% during the forecast period. Europe was the second-largest market in 2021, valued at USD 173.9 Million in 2021; it is projected to grow at the CAGR rate of 4.1%.
  • In North America, U.S. accounted for the largest market share of 82.4 % in 2021, with a market value of USD 113.7 Million and is projected to grow at a CAGR of 4% during the forecast period. Canada was the second-largest market in 2021, valued at USD 16.7 Million in 2021; it is projected to grow at the CAGR rate of 3.4%.

Segmentation

By Function

  • Simplex
  • Duplex with Stationary Siphon
  • Duplex with Rotary Siphon

By Ports

  • Single Port
  • Dual Port
  • Multiple Port

By Rotations

  • 150 to 500 RPM
  • 500 to 1000 RPM
  • 1000 to 3000 RPM
  • 3000 to 7000 RPM
  • 7000 to 10000 RPM
  • Above 10000 RPM

By Media

  • Water
  • Air
  • Hydraulic Oil
  • Steam
  • Hot Oil
  • Coolant

By Industry

  • Textile
  • Chemical
  • Marine
  • Oil & Gas
  • Agriculture
  • Industrial Manufacturing
  • Steel
  • Paper
  • Tire
  • Machine Tool

By Region

North America

  • S.
  • Canada
  • Mexico

Europe

  • France
  • UK
  • Spain
  • Germany
  • Italy
  • Russia
  • Switzerland
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • South Korea
  • Indonesia
  • Malaysia
  • Thailand
  • Rest of Asia Pacific

Middle East & Africa

  • GCC
  • South Africa
  • Rest of the Middle East & Africa

South America

  • Brazil
  • Argentina
  • Rest of South America

Base Year:2021

Historical Data:

No of Pages:135

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