The global Pipeline Expansion Joints market was valued at US$ 1744.2 million in 2019 and it is expected to reach US$ 1951.6 million by the end of 2026, growing at a CAGR of 1.6% during 2021-2026.
A typical expansion joint is comprised of one or more metal bellows (most commonly stainless steel) or from materials such as rubber, fabric or plastic such as PTFE. While materials such as rubber, plastic and fabric have their limitations, metal is the most versatile of all materials. Metals are suitable for use at high temperatures, have high strength properties and are resistant to corrosion.
The largest share is taken by Trelleborg , Witzenmann and Senior Flexonics, which together account for a market share of 33% in the global Pipeline Expansion Joints industry. Geographically, Europe represents the largest piece of this industry with 28 percent of the world total, followed by China at 26 percent and North America at 24 percent. The Pipeline Expansion Joints market has witnessed significant growth in the past few years, and is expected to maintain this trend during the forecast period.
Global Pipeline Expansion Joints Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Pipeline Expansion Joints Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Trelleborg, Witzenmann, Senior Flexonics, Teadit Group, Hyspan Precision, HKR, BOA Holding, Pyrotek, Aerosun-Tola, EagleBurgmann, EBAA Iron, Metraflex, U.S. Bellows, Flexider, Macoga, Spiroflex, Holz Rubber Company, Anant Engineering & Fabricators, Osaka Rasenkan Kogyo, Kadant Unaflex, Microflex, Flexicraft Industries, Tofle, Viking Johnson, Romac Industries, Ditec, Teddington Engineered and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Fabric Expansion Joints
- Metallic Expansion Joints
- Rubber Expansion Joints
Segment by Application
- Power Engineering
- Heavy Industry
Table of Content:
1 Pipeline Expansion Joints Market Overview
2 Market Competition by Manufacturers
3 Production and Capacity by Region
4 Global Pipeline Expansion Joints Consumption by Region
5 Production, Revenue, Price Trend by Type
6 Consumption Analysis by Application
7 Key Companies Profiled
8 Pipeline Expansion Joints Manufacturing Cost Analysis
9 Marketing Channel, Distributors and Customers
10 Market Dynamics
11 Production and Supply Forecast
12 Consumption and Demand Forecast
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta