Market Overview:
The global elastomeric couplings 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 elastomeric couplings in various applications, such as pumps, fans/blowers, compressors, mixers, conveyors and others. Elastomeric couplings are used in these applications due to their ability to transmit torque and angular motion between two shafts while accommodating misalignment and vibration. Additionally, the growing industrial sector across regions is also contributing towards the growth of the global elastomeric couplings market.
Product Definition:
Elastomeric Couplings are an important component in drive systems. They are used to connect two shafts, and allow for a certain degree of flexibility between them. This flexibility prevents the transmission of vibration and shocks from one shaft to the other, which can damage the equipment. Elastomeric Couplings are also used to adjust the alignment of components in a drive system.
Jaw Type:
The global jaw type is a method of connecting two or more components in an assembly. It is widely used in fasteners, sealants, and elastomeric couplings. The growth factor for the market is increasing demand from end-use industries such as automotive & transportation and building & construction coupled with growing awareness regarding its benefits.
Gear Type:
Gear type is a mechanical device used in the manufacturing of elastomeric couplings. It helps to increase the speed of rolling and decrease the torque requirement. The gear type can be classified into spur gear, bevel gear, helicalgear, and hypoid gears.
Hypoid gears are used in low-speed applications while spur or bevel gears are suitable for high-speed applications due to their superior strength characteristics at low speeds as compared to hypoid gears.
Application Insights:
Elastomeric coupling finds application in various industries including pumps, fans/blowers, compressors, mixers, conveyors and others. In terms of revenue, the pump segment dominated the global elastomeric couplings market with a share of 33.1% in 2017 owing to its ability to provide long life without maintenance along with low power consumption and noise level coupled with high flow rate. The growth of this segment is attributed to increasing demand for pumps from various end-use applications such as oil & gas industry for lifting fluids at high pressure levels up to 300 bar or 3500 psi where rubber meets metal seals are used on account of their excellent sealing properties under high pressure conditions.
The other application segments include construction equipment tires coupled with jaw type elastomers that find application in heavy-duty machinery such as backhoe loaders.
Regional Analysis:
The global elastomeric couplings market is dominated by North America owing to the high consumption of pumps, fans/blowers, and compressors. The growing infrastructural activities in developing economies coupled with increasing demand for energy in developed economies is expected to drive the product demand over the forecast period.
Asia Pacific accounted for a significant share of revenue and is expected to grow at a CAGR exceeding 6% from 2018 to 2030 owing to rapid industrialization along with expanding end-use industries such as construction, manufacturing, energy & power industry. In addition, rising government initiatives towards infrastructure development are anticipated favorably impact market growth over the forecast period.
Growth Factors:
- Increasing demand from the automotive industry for elastomeric couplings as a result of their high performance and durability characteristics.
- Growing popularity of elastomeric couplings in the oil & gas sector due to their ability to handle high-pressure and temperature fluctuations without failure.
- Rising demand for elastomeric couplings in power generation applications due to their superior vibration damping capabilities.
- Increasing use of elastomeric couplings in renewable energy systems owing to their ability to withstand extreme environmental conditions.
Scope Of The Report
Report Attributes
Report Details
Report Title
Elastomeric Couplings Market Research Report
By Type
Jaw Type, Gear Type, Tire Type, Dowel Pin Type, Other Type
By Application
Pumps, Fans/Blowers, Compressors, Mixers, Conveyors, Others
By Companies
Siemens, ABB, Altra Industrial Motion, Regal Beloit(PTS), KTR, Rexnord, The Timken, SKF, Voith Turbo, LORD, John Crane, Renold, Tsubakimoto Chain, R+W Coupling
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
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Elastomeric Couplings Market Report Segments:
The global Elastomeric Couplings market is segmented on the basis of:
Types
Jaw Type, Gear Type, Tire Type, Dowel Pin Type, Other Type
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
Pumps, Fans/Blowers, Compressors, Mixers, Conveyors, 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:
- Siemens
- ABB
- Altra Industrial Motion
- Regal Beloit(PTS)
- KTR
- Rexnord
- The Timken
- SKF
- Voith Turbo
- LORD
- John Crane
- Renold
- Tsubakimoto Chain
- R+W Coupling
Highlights of The Elastomeric Couplings 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:
- Jaw Type
- Gear Type
- Tire Type
- Dowel Pin Type
- Other Type
- By Application:
- Pumps
- Fans/Blowers
- Compressors
- Mixers
- Conveyors
- 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 Elastomeric Couplings 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
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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?
Elastomeric couplings are a type of coupling that use elastomeric materials to connect two or more pieces of equipment. The elastomeric material provides a flexible and durable connection between the equipment, which can reduce noise and vibration.
Some of the major players in the elastomeric couplings market are Siemens, ABB, Altra Industrial Motion, Regal Beloit(PTS), KTR, Rexnord, The Timken, SKF, Voith Turbo, LORD, John Crane, Renold, Tsubakimoto Chain, R+W Coupling.
The elastomeric couplings market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Elastomeric Couplings 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 Elastomeric Couplings Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Elastomeric Couplings 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 Elastomeric Couplings 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 Elastomeric Couplings Market Size & Forecast, 2020-2028
4.5.1 Elastomeric Couplings Market Size and Y-o-Y Growth
4.5.2 Elastomeric Couplings Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Jaw Type
5.2.2 Gear Type
5.2.3 Tire Type
5.2.4 Dowel Pin Type
5.2.5 Other Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Pumps
6.2.2 Fans/Blowers
6.2.3 Compressors
6.2.4 Mixers
6.2.5 Conveyors
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Elastomeric Couplings 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 Elastomeric Couplings 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Jaw Type
9.6.2 Gear Type
9.6.3 Tire Type
9.6.4 Dowel Pin Type
9.6.5 Other Type
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 Market Size Forecast by Applications
9.10.1 Pumps
9.10.2 Fans/Blowers
9.10.3 Compressors
9.10.4 Mixers
9.10.5 Conveyors
9.10.6 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Jaw Type
10.6.2 Gear Type
10.6.3 Tire Type
10.6.4 Dowel Pin Type
10.6.5 Other Type
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 Market Size Forecast by Applications
10.10.1 Pumps
10.10.2 Fans/Blowers
10.10.3 Compressors
10.10.4 Mixers
10.10.5 Conveyors
10.10.6 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Jaw Type
11.6.2 Gear Type
11.6.3 Tire Type
11.6.4 Dowel Pin Type
11.6.5 Other Type
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 Market Size Forecast by Applications
11.10.1 Pumps
11.10.2 Fans/Blowers
11.10.3 Compressors
11.10.4 Mixers
11.10.5 Conveyors
11.10.6 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Jaw Type
12.6.2 Gear Type
12.6.3 Tire Type
12.6.4 Dowel Pin Type
12.6.5 Other Type
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 Market Size Forecast by Applications
12.10.1 Pumps
12.10.2 Fans/Blowers
12.10.3 Compressors
12.10.4 Mixers
12.10.5 Conveyors
12.10.6 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Jaw Type
13.6.2 Gear Type
13.6.3 Tire Type
13.6.4 Dowel Pin Type
13.6.5 Other Type
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) Market Size Forecast by Applications
13.10.1 Pumps
13.10.2 Fans/Blowers
13.10.3 Compressors
13.10.4 Mixers
13.10.5 Conveyors
13.10.6 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 Elastomeric Couplings Market: Competitive Dashboard
14.2 Global Elastomeric Couplings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Siemens
14.3.2 ABB
14.3.3 Altra Industrial Motion
14.3.4 Regal Beloit(PTS)
14.3.5 KTR
14.3.6 Rexnord
14.3.7 The Timken
14.3.8 SKF
14.3.9 Voith Turbo
14.3.10 LORD
14.3.11 John Crane
14.3.12 Renold
14.3.13 Tsubakimoto Chain
14.3.14 R+W Coupling
