In this report, Global Rotary Union Market will reach 1648.48 Million USD by the end of 2024 with a CAGR of 3.07%. The global Rotary Union market was valued at 1374.95 Million USD in 2018 and will reach 1648.48 Million USD by the end of 2024, growing at a CAGR of 3.07% during 2018-2024.
The global Rotary Union market is foreseen to take advantage of the growing demand for USA because of its technological benefits. Rotary unions may be used to transmit coolant, cutting oil, MQL, pressurized air in a bearingless or bearing supported configuration. Besides coolant delivery, rotary unions are used for chucking, tool sensing, rotary index table and other machine tool applications.
Consumers are expected to give preference to New Build in the coming years, reduce the sales in aftermarket parts.
Increased Application to Strengthen Global Market Growth
Rotary unions may be used to transmit coolant, cutting oil, MQL, pressurized air in a bearing less or bearing supported configuration. Besides coolant delivery, rotary unions are used for chucking, tool sensing, rotary index table and other machine tool applications.
Kadant is the largest Rotary Union supplier in the world, accounting about 10% of global Rotary Union sales. Manufacturers may improve their portfolio with the addition of customer-centric products to gain a foothold in the global market.
The Important Market Important Points
Jul. 5, 2017-- Kadant Inc. announced today the completion of its acquisition of the forest products business of NII FPG Company, a global leader in the design and manufacture of equipment used by sawmills, veneer mills, and other manufacturers in the forest products industry, for approximately $173 million, net of cash acquired, subject to a post-closing adjustment. The transaction was financed through borrowings under the Company’s revolving credit facility. The business will be integrated into Kadant’s Wood Processing Segment.
Dec. 10, 2018 -- Kadant Inc. has entered into a definitive agreement to acquire Syntron Material Handling Group, LLC and certain of its affiliates (“Syntron”) from entities affiliated with Levine Leichtman Capital Partners for approximately $179 million in cash, subject to certain customary adjustments. Syntron is a leading provider of material handling equipment and systems to various process industries, including mining, aggregates, food processing, packaging, and pulp and paper. The company manufactures conveying and vibratory equipment at its facilities in Tupelo, Mississippi and Changshu, China under the Link-Belt and Syntron brands.
New Build to gain significant market share during the forecast period.
The Converting & Converting industry to show telling growth in the global Rotary Union market. USA to secure handsome market share with high demand for value-added products.
Geographically, global Rotary Union market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
Dynamic Sealing Technologies
HAAG + ZEISSLER
ATI Industrial Automation
On the basis of product, we research the production, revenue, price, market share and growth rate, primarily split into
For the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Rotary Union for each application, including
Oil and gas
Production, consumption, revenue, market share and growth rate are the key targets for Rotary Union from 2014 to 2026 (forecast) in these regions
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