Market Overview:
The global high elastic coupling market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for high elastic couplings in various applications such as oil & gas, plastic industry, mining, transportation and others. In addition, the growing industrialization and urbanization in developing countries are also contributing to the growth of this market.
Product Definition:
High Elastic Coupling is a type of coupling which allows components to move freely with respect to each other. This type of coupling is important because it allows components to move without disrupting the overall operation of the system.
0-5000Nm:
0-5000Nm is a range of high elastic couplings, which can be used in various applications. The main application areas where these couplings are used include aerospace and defense, automotive industry, heavy machinery and construction equipment. These products have the ability to withstand extreme stress at very high speed as well as they provide safety against overstress.
5000-100000Nm:
The 5000-100000Nm is a range of high elastic coupling, which has the ability to carry out load with no speed fluctuation. It's mainly used in transmission and service of large machines such as hydraulic systems, machine tools or heavy equipment. 5000-100000Nm couplings are manufactured using steel on account of their high strength and rigidity.
Application Insights:
The global high elastic coupling market is segmented on the basis of application into oil & gas, plastic industry, mining, transportation and others. In 2017, the oil & gas sector dominated the overall market with a share of over 30% in terms of revenue. The growth can be attributed to increasing production activities in offshore and onshore fields across various regions coupled with growing demand for HECs from this sector.
High elastic couplings are used in hydraulic fracturing operations during shale gas extraction as they provide optimum sealing between casing and cementing materials while minimizing fluid loss due to permeability reduction caused by friction between casing and cementing material. Furthermore, these products assist operators to reduce operational costs owing to their ability to minimize well intervention time as compared to conventional mechanical seals that require frequent replacement or servicing procedures thus driving its demand further over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in industries such as oil & gas, mining, construction, automotive and others. This can be attributed to increasing government investments in infrastructural development projects such as airports terminals buildings bridges roads etc., which requires high elastic coupling for vibration free operations.
The plastic industry is also anticipated to witness significant growth owing to rising demand from various end-use industries across Asia Pacific due to growing population.
Growth Factors:
- Increasing demand for high elastic coupling in the automotive industry for improving fuel efficiency and reducing emissions.
- Growing demand from the aerospace and defense sector due to increasing aircraft orders and replacement programs.
- Rising popularity of high elastic coupling in renewable energy applications such as wind turbines and solar arrays, owing to their superior vibration damping properties.
- Rapid growth of the industrial machinery market, which is a key end-user of high elastic coupling products.
Scope Of The Report
Report Attributes
Report Details
Report Title
High Elastic Coupling Market Research Report
By Type
0-5000Nm, 5000-100000Nm, Above 10000Nm
By Application
Oil & Gas, Plastic Industry, Mining, Transportation, Others
By Companies
Kawasaki Heavy Industries, ZF, VULKAN Grou, REICH, Flender, Chongqing Benteng Technology, Lord, CENTA, Ortlingaus, RENK Aktiengesellschaft, SGF GmbH&Co.KG, CominTec, Stromag France
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
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global High Elastic Coupling Market Report Segments:
The global High Elastic Coupling market is segmented on the basis of:
Types
0-5000Nm, 5000-100000Nm, Above 10000Nm
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
Oil & Gas, Plastic Industry, Mining, Transportation, 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:
- Kawasaki Heavy Industries
- ZF
- VULKAN Grou
- REICH
- Flender
- Chongqing Benteng Technology
- Lord
- CENTA
- Ortlingaus
- RENK Aktiengesellschaft
- SGF GmbH&Co.KG
- CominTec
- Stromag France
Highlights of The High Elastic Coupling 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:
- 0-5000Nm
- 5000-100000Nm
- Above 10000Nm
- By Application:
- Oil & Gas
- Plastic Industry
- Mining
- Transportation
- 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 High Elastic Coupling 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
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- 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?
High elastic coupling is a term used in physics and engineering to describe the degree to which two or more objects are able to respond quickly and smoothly to changes in their environment. In general, high elastic coupling between objects means that they are able to react quickly and effectively when subjected to sudden forces or changes in their surroundings.
Some of the major players in the high elastic coupling market are Kawasaki Heavy Industries, ZF, VULKAN Grou, REICH, Flender, Chongqing Benteng Technology, Lord, CENTA, Ortlingaus, RENK Aktiengesellschaft, SGF GmbH&Co.KG, CominTec, Stromag France.
The high elastic coupling 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 High Elastic Coupling 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 High Elastic Coupling Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Elastic Coupling 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 High Elastic Coupling 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 High Elastic Coupling Market Size & Forecast, 2020-2028
4.5.1 High Elastic Coupling Market Size and Y-o-Y Growth
4.5.2 High Elastic Coupling 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 0-5000Nm
5.2.2 5000-100000Nm
5.2.3 Above 10000Nm
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 Oil & Gas
6.2.2 Plastic Industry
6.2.3 Mining
6.2.4 Transportation
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Elastic Coupling 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 High Elastic Coupling 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 0-5000Nm
9.6.2 5000-100000Nm
9.6.3 Above 10000Nm
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 Oil & Gas
9.10.2 Plastic Industry
9.10.3 Mining
9.10.4 Transportation
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 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 0-5000Nm
10.6.2 5000-100000Nm
10.6.3 Above 10000Nm
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 Oil & Gas
10.10.2 Plastic Industry
10.10.3 Mining
10.10.4 Transportation
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 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 0-5000Nm
11.6.2 5000-100000Nm
11.6.3 Above 10000Nm
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 Oil & Gas
11.10.2 Plastic Industry
11.10.3 Mining
11.10.4 Transportation
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 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 0-5000Nm
12.6.2 5000-100000Nm
12.6.3 Above 10000Nm
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 Oil & Gas
12.10.2 Plastic Industry
12.10.3 Mining
12.10.4 Transportation
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) 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 0-5000Nm
13.6.2 5000-100000Nm
13.6.3 Above 10000Nm
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 Oil & Gas
13.10.2 Plastic Industry
13.10.3 Mining
13.10.4 Transportation
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 High Elastic Coupling Market: Competitive Dashboard
14.2 Global High Elastic Coupling Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kawasaki Heavy Industries
14.3.2 ZF
14.3.3 VULKAN Grou
14.3.4 REICH
14.3.5 Flender
14.3.6 Chongqing Benteng Technology
14.3.7 Lord
14.3.8 CENTA
14.3.9 Ortlingaus
14.3.10 RENK Aktiengesellschaft
14.3.11 SGF GmbH&Co.KG
14.3.12 CominTec
14.3.13 Stromag France
