Market Overview:
The global edge welded bellows market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for edge welded bellows in various applications such as aerospace, oil & gas, semiconductor, medical and others. In addition, the growing demand for stainless steel and nickel alloys is also contributing to the growth of this market. However, factors such as volatility in raw material prices may restrain the growth of this market during the forecast period.
Product Definition:
Edge welded bellows are a type of metal expansion joint that is used to connect two metal surfaces together. The bellows are typically made from a sheet of metal that is folded over and then welded along the edge. This creates a flexible tube that can expand and contract as needed. Edge welded bellows are often used in conjunction with other types of joints, such as flanges or gaskets, to create a seal between two surfaces. They are also commonly used in piping systems to allow for expansion and contraction due to changes in temperature or pressure.
Stainless Steel:
Stainless steel is a type of steel that has been through an additional finishing process, which makes it resistant to chemicals and rust. The majority of the products made from stainless steel are corrosion-resistant; however, they are not necessarily waterproof or weatherproof. Stainless steel is used in various industries including food processing equipment, chemical processing equipment, pharmaceuticals & medical devices manufacturing equipment and automotive components manufacturing among others.
Nickel Alloys:
Nickel alloys include nickel, iron, and other metals. Nickel is the most important metal in this alloy family. It has a high rate of thermal transfer; it can be welded or soldered easily; it has good electrical properties such as low electrical resistance and good corrosion resistance.
Application Insights:
The aerospace application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The product has excellent corrosion resistance, which helps in maintaining the structural integrity of aircraft during its life cycle. It also helps reduce maintenance costs as compared to rivet or bolt joints, owing to reduced need for replacement parts or assemblies over time.
The oil & gas industry is one of the leading end-users of edge welded bellows due to its extensive use in hydraulic systems across various industries such as energy, construction and mining among others. In addition, rising demand for high pressure hydraulic systems from emerging economies such as China and India will drive growth further over the coming years.
Regional Analysis:
Asia Pacific edge welded bellows market led the global industry and accounted for over 40% of the total revenue share in 2016. The region is expected to continue its dominance over the forecast period owing to increasing construction spending along with growing manufacturing sector. In addition, rising foreign investments in India and China are anticipated to boost demand for these products.
Europe was estimated as being second largest regional market in 2016 after Asia Pacific, which may be attributed to high product quality coupled with stringent regulatory scenario pertaining towards energy efficiency. Europe is projected as being fastest-growing region from 2017 to 2030 due primarilyto aerospace industry development prospects across Eastern European countries such assmall-scale manufacturers that cater toward domestic needs have a chance against international competition based out of East European cities like Prague or Warsaw., thus driving growth prospects for end users across this region North America edge welded bellows market followed Europe in terms of growth rate owing mainlyto oil & gas industry developments within U.S.
Growth Factors:
- Increasing demand for miniaturization in various industries
- Growing popularity of vacuum welding technology
- Rising need for leak-free and durable seals in various applications
- Technological advancements in the field of bellows fabrication
- Growing demand from emerging economies
Scope Of The Report
Report Attributes
Report Details
Report Title
Edge Welded Bellows Market Research Report
By Type
Stainless Steel, Nickel Alloys, Others
By Application
Aerospace, Oil & Gas, Semiconductor, Medical, Others
By Companies
KSM, BOA, John Crane, Technetics, EKK Eagle, AESSEAL, Mirapro, Irie Koken(IKC), Flex-A-Seal, Hyspan, KSM, Bellowstech, Duraflex, Metal-Flex Welded Bellows
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
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Edge Welded Bellows Market Report Segments:
The global Edge Welded Bellows market is segmented on the basis of:
Types
Stainless Steel, Nickel Alloys, 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
Aerospace, Oil & Gas, Semiconductor, Medical, 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:
- KSM
- BOA
- John Crane
- Technetics
- EKK Eagle
- AESSEAL
- Mirapro
- Irie Koken(IKC)
- Flex-A-Seal
- Hyspan
- KSM
- Bellowstech
- Duraflex
- Metal-Flex Welded Bellows
Highlights of The Edge Welded Bellows 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:
- Stainless Steel
- Nickel Alloys
- Others
- By Application:
- Aerospace
- Oil & Gas
- Semiconductor
- Medical
- 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 Edge Welded Bellows 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Edge welded bellows are a type of bellows that have been welded together at the edge of the fabric. This creates a stronger and more durable bellows than traditional bellows, which can be easily broken or torn.
Some of the key players operating in the edge welded bellows market are KSM, BOA, John Crane, Technetics, EKK Eagle, AESSEAL, Mirapro, Irie Koken(IKC), Flex-A-Seal, Hyspan, KSM, Bellowstech, Duraflex, Metal-Flex Welded Bellows.
The edge welded bellows market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Edge Welded Bellows Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Edge Welded Bellows Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Edge Welded Bellows Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Edge Welded Bellows Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Edge Welded Bellows Market Size & Forecast, 2018-2028
4.5.1 Edge Welded Bellows Market Size and Y-o-Y Growth
4.5.2 Edge Welded Bellows Market Absolute $ Opportunity
Chapter 5 Global Edge Welded Bellows Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Edge Welded Bellows Market Size Forecast by Type
5.2.1 Stainless Steel
5.2.2 Nickel Alloys
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Edge Welded Bellows Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Edge Welded Bellows Market Size Forecast by Applications
6.2.1 Aerospace
6.2.2 Oil & Gas
6.2.3 Semiconductor
6.2.4 Medical
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Edge Welded Bellows Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Edge Welded Bellows Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Edge Welded Bellows Analysis and Forecast
9.1 Introduction
9.2 North America Edge Welded Bellows Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Edge Welded Bellows Market Size Forecast by Type
9.6.1 Stainless Steel
9.6.2 Nickel Alloys
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Edge Welded Bellows Market Size Forecast by Applications
9.10.1 Aerospace
9.10.2 Oil & Gas
9.10.3 Semiconductor
9.10.4 Medical
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Edge Welded Bellows Analysis and Forecast
10.1 Introduction
10.2 Europe Edge Welded Bellows Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Edge Welded Bellows Market Size Forecast by Type
10.6.1 Stainless Steel
10.6.2 Nickel Alloys
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Edge Welded Bellows Market Size Forecast by Applications
10.10.1 Aerospace
10.10.2 Oil & Gas
10.10.3 Semiconductor
10.10.4 Medical
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Edge Welded Bellows Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Edge Welded Bellows Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Edge Welded Bellows Market Size Forecast by Type
11.6.1 Stainless Steel
11.6.2 Nickel Alloys
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Edge Welded Bellows Market Size Forecast by Applications
11.10.1 Aerospace
11.10.2 Oil & Gas
11.10.3 Semiconductor
11.10.4 Medical
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Edge Welded Bellows Analysis and Forecast
12.1 Introduction
12.2 Latin America Edge Welded Bellows Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Edge Welded Bellows Market Size Forecast by Type
12.6.1 Stainless Steel
12.6.2 Nickel Alloys
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Edge Welded Bellows Market Size Forecast by Applications
12.10.1 Aerospace
12.10.2 Oil & Gas
12.10.3 Semiconductor
12.10.4 Medical
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Edge Welded Bellows Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Edge Welded Bellows Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Edge Welded Bellows Market Size Forecast by Type
13.6.1 Stainless Steel
13.6.2 Nickel Alloys
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Edge Welded Bellows Market Size Forecast by Applications
13.10.1 Aerospace
13.10.2 Oil & Gas
13.10.3 Semiconductor
13.10.4 Medical
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Edge Welded Bellows Market: Competitive Dashboard
14.2 Global Edge Welded Bellows Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 KSM
14.3.2 BOA
14.3.3 John Crane
14.3.4 Technetics
14.3.5 EKK Eagle
14.3.6 AESSEAL
14.3.7 Mirapro
14.3.8 Irie Koken(IKC)
14.3.9 Flex-A-Seal
14.3.10 Hyspan
14.3.11 KSM
14.3.12 Bellowstech
14.3.13 Duraflex
14.3.14 Metal-Flex Welded Bellows
