Market Overview:
The global expansion joints in piping system market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for expansion joints from various end-use industries such as power engineering, petrochemical, heavy industry, and others. Based on type, the fabric expansion joints segment is expected to account for a major share of the global expansion joints in piping system market during the forecast period. This can be attributed to their high flexibility and ability to withstand high pressure and temperature fluctuations. Based on application, the power engineering segment is anticipated to hold a dominant position in the global expansion joints in piping system market during 2018-2030 owing to increasing investments towards upgradation of existing infrastructure across developed economies such as North America and Europe.
Product Definition:
An expansion joint (EJ) is a device in a piping system that allows it to expand and contract due to thermal changes, without causing undue stress on the pipe or fittings.
Fabric Expansion Joints:
Fabric expansion joints are used in piping systems for reducing the stress on the pipe and to avoid leakage. They are installed between two sections of piping or tubing where the cross-sectional area is expected to increase, as a result of swelling due to temperature changes, pressure fluctuations or any other cause. Fabric expansion joint is made up of three components namely; protective cap, adhesive and washer.
Metallic Expansion Joints:
Metallic expansion joints are used in the piping system of a building to avoid leakage and corrosion. They are made up of materials such as copper, aluminum, steel or brass which increases their durability. These joints have high resistance power against temperature and pressure fluctuations which makes them suitable for usage in various expansion joint types including cold-flexible and hot-inflexible type.
Application Insights:
The power engineering application segment led the global expansion joints in piping system market and accounted for more than 35.0% share of the overall revenue in 2017. The growth is attributed to the increasing demand for electricity generation from renewable sources, such as wind and solar energy, across various regions including North America and Europe. In addition, favorable government policies related to green energy are expected to boost industry growth over the forecast period.
Petrochemical application segment is anticipated to witness significant growth over the forecast period owing to rising demand for petroleum products across various regions including Asia Pacific and Middle East & Africa.
Regional Analysis:
Asia Pacific expansion joints market is expected to witness significant growth over the forecast period owing to the rising demand for energy and power in emerging economies such as China, India, Indonesia, Malaysia and Thailand. In addition, increasing government spending on infrastructure development is also anticipated to drive product demand over the next eight years.
The Asia Pacific was followed by Europe which accounted for a revenue share of 24.1% in 2017 owing to high investments made by governments in developing their infrastructures coupled with growing industrialization across countries including Germany; France; Italy; U.K.
North America region emerged as one of prominent consumers of expansion joints due its well established oil & gas industry along with expanding petrochemical sector mainly based out of U.S.
Growth Factors:
- Increasing demand from the oil and gas industry for expansion joints in piping systems to prevent pipeline failure and leakage
- Rapid industrialization in developing countries, such as China and India, is expected to drive the market for expansion joints in piping systems over the next few years
- The increasing use of composite materials in expansion joints is projected to fuel the growth of this market during the forecast period
- Growing awareness about safety measures in industries is likely to boost demand for expansion joints in piping systems over the next few years
- The increasing number of infrastructure projects worldwide is anticipated to create lucrative opportunities for players operating in this market during the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Expansion Joints in Piping System Market Research Report
By Type
Fabric Expansion Joints, Metallic Expansion Joints, Rubber Expansion Joints, Others
By Application
Power Engineering, Petrochemical, Heavy Industry, Others
By Companies
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
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Expansion Joints in Piping System Market Report Segments:
The global Expansion Joints in Piping System market is segmented on the basis of:
Types
Fabric Expansion Joints, Metallic Expansion Joints, Rubber Expansion Joints, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Power Engineering, Petrochemical, Heavy Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are 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
Highlights of The Expansion Joints in Piping System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fabric Expansion Joints
- Metallic Expansion Joints
- Rubber Expansion Joints
- Others
- By Application:
- Power Engineering
- Petrochemical
- Heavy Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Expansion Joints in Piping System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Expansion joints are used in piping systems to allow the system to expand and contract without damage.
Some of the major players in the expansion joints in piping system market 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.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Expansion Joints in Piping System Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Expansion Joints in Piping System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Expansion Joints in Piping System Market - Supply Chain
4.5. Global Expansion Joints in Piping System Market Forecast
4.5.1. Expansion Joints in Piping System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Expansion Joints in Piping System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Expansion Joints in Piping System Market Absolute $ Opportunity
5. Global Expansion Joints in Piping System Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Expansion Joints in Piping System Market Size and Volume Forecast by Type
5.3.1. Fabric Expansion Joints
5.3.2. Metallic Expansion Joints
5.3.3. Rubber Expansion Joints
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Expansion Joints in Piping System Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Expansion Joints in Piping System Market Size and Volume Forecast by Application
6.3.1. Power Engineering
6.3.2. Petrochemical
6.3.3. Heavy Industry
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Expansion Joints in Piping System Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Expansion Joints in Piping System Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Expansion Joints in Piping System Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Expansion Joints in Piping System Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Expansion Joints in Piping System Demand Share Forecast, 2019-2026
9. North America Expansion Joints in Piping System Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Expansion Joints in Piping System Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Expansion Joints in Piping System Market Size and Volume Forecast by Application
9.4.1. Power Engineering
9.4.2. Petrochemical
9.4.3. Heavy Industry
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Expansion Joints in Piping System Market Size and Volume Forecast by Type
9.7.1. Fabric Expansion Joints
9.7.2. Metallic Expansion Joints
9.7.3. Rubber Expansion Joints
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Expansion Joints in Piping System Demand Share Forecast, 2019-2026
10. Latin America Expansion Joints in Piping System Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Expansion Joints in Piping System Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Expansion Joints in Piping System Market Size and Volume Forecast by Application
10.4.1. Power Engineering
10.4.2. Petrochemical
10.4.3. Heavy Industry
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Expansion Joints in Piping System Market Size and Volume Forecast by Type
10.7.1. Fabric Expansion Joints
10.7.2. Metallic Expansion Joints
10.7.3. Rubber Expansion Joints
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Expansion Joints in Piping System Demand Share Forecast, 2019-2026
11. Europe Expansion Joints in Piping System Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Expansion Joints in Piping System Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Expansion Joints in Piping System Market Size and Volume Forecast by Application
11.4.1. Power Engineering
11.4.2. Petrochemical
11.4.3. Heavy Industry
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Expansion Joints in Piping System Market Size and Volume Forecast by Type
11.7.1. Fabric Expansion Joints
11.7.2. Metallic Expansion Joints
11.7.3. Rubber Expansion Joints
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Expansion Joints in Piping System Demand Share, 2019-2026
12. Asia Pacific Expansion Joints in Piping System Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Expansion Joints in Piping System Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Expansion Joints in Piping System Market Size and Volume Forecast by Application
12.4.1. Power Engineering
12.4.2. Petrochemical
12.4.3. Heavy Industry
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Expansion Joints in Piping System Market Size and Volume Forecast by Type
12.7.1. Fabric Expansion Joints
12.7.2. Metallic Expansion Joints
12.7.3. Rubber Expansion Joints
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Expansion Joints in Piping System Demand Share, 2019-2026
13. Middle East & Africa Expansion Joints in Piping System Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Expansion Joints in Piping System Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Expansion Joints in Piping System Market Size and Volume Forecast by Application
13.4.1. Power Engineering
13.4.2. Petrochemical
13.4.3. Heavy Industry
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Expansion Joints in Piping System Market Size and Volume Forecast by Type
13.7.1. Fabric Expansion Joints
13.7.2. Metallic Expansion Joints
13.7.3. Rubber Expansion Joints
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Expansion Joints in Piping System Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Expansion Joints in Piping System Market: Market Share Analysis
14.2. Expansion Joints in Piping System Distributors and Customers
14.3. Expansion Joints in Piping System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Trelleborg
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Witzenmann
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Senior Flexonics
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Teadit Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hyspan Precision
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. HKR
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. BOA Holding
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Pyrotek
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. AEROSUN-TOLA
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. EagleBurgmann
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. EBAA Iron
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Metraflex
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. U.S. Bellows
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Flexider
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Macoga
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Spiroflex
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Holz Rubber Company
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Anant Engineering & Fabricators
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Osaka Rasenkan Kogyo
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Kadant Unaflex
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
