The market scale has grown steadily: with the continuous expansion of downstream application fields such as engineering machinery, agricultural equipment, mining equipment, and the acceleration of overseas infrastructure projects under the "the Belt and Road" initiative, the market demand for floating oil seals has continued to increase. The market size of floating oil seals in China has reached 3.56 billion yuan in 2024, and is expected to reach 4.58 billion yuan in 2025, an increase of about 8.3% compared to 2024. It is expected to exceed 7.98 billion yuan by 2030.

Technological innovation becomes key: the application of high-performance materials, intelligent production processes, and the research and development of environmentally friendly products will become key breakthrough directions in the industry. Nano material modified floating oil seals have started mass production, extending product lifespan by over 30%. The focus of future product development will shift towards the integration of intelligent monitoring functions, and it is expected that 20% of high-end products will be equipped with wear warning systems.

The market pattern is gradually optimizing: industry concentration will continue to increase, and top enterprises with independent research and development capabilities and scale advantages will further expand their market share through mergers and acquisitions. It is expected that by 2030, the market share of the top five enterprises will exceed 60%. Small and medium-sized enterprises will develop towards specialization and differentiation, focusing on specific niche areas.
The regional market has undergone significant changes: traditional manufacturing clusters such as East China and North China will still maintain their leading position, but with the acceleration of infrastructure construction in the central and western regions, the local market share is expected to increase from 18% in 2025 to around 25% in 2030.

Accelerating Green Transformation: The promotion of the dual carbon target will accelerate the industry's green transformation, and the proportion of environmentally friendly materials used will increase from 50% in 2025 to over 80% in 2030. The market share of green and environmentally friendly floating oil seal products such as water-based sealing materials will continue to increase.