Market Overview:
The global Metallic Expansion Joints 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 Metallic Expansion Joints in various applications such as power engineering, petrochemical, heavy industry and others. Additionally, the growing infrastructure development across the globe is also fueling the demand for Metallic Expansion Joints. Asia Pacific is expected to be one of fastest-growing regions during the forecast period owing to rapid industrialization and infrastructural development in countries such as China and India.
Product Definition:
metallic expansion joints are devices that allow a metal pipeline to expand and contract with the temperature changes.
Axial:
Axial is a leading manufacturer of metallic expansion joints. They are used in various industries including construction, automotive and marine. The product offers high corrosion resistance, low water absorption and it's cost-effective nature makes it an ideal choice for use in heavy duty applications such as bridges & tunnels or large diameter pipes.
Angular:
Angular is a material that has high flexibility and low stiffness. It also has low thermal expansion and good corrosion resistance. These properties make it suitable for use in metallic expansion joints, where the other materials such as polyurethane or PVC are not suitable due to their high thermal expansions or corrosive properties.
Application Insights:
Power engineering was the largest application segment in 2016 and accounted for a revenue share of over 40%. The segment will expand further at a steady CAGR owing to the growing demand for power generation equipment. Metallic expansion joints are used in power plants, heavy industries, and other industrial applications.
The petrochemical industry is expected to be one of the fastest-growing segments over the forecast period due to increasing crude oil production across various regions including Middle East & Africa, North America, Latin America and Asia Pacific. These regions are projected to have an abundant supply of raw materials which will drive growth further. Expansion projects undertaken by these companies are likely to boost product demand from 2018 to 2030 as well.
The others application segment includes chemical plants along with other industrial facilities such as aluminum smelters.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. Rapid industrialization coupled with increasing government spending on infrastructure development has resulted in a significant rise in demand for metallic expansion joints from various application segments across Asia Pacific.
The Middle East & Africa region accounted for a relatively higher share of revenue owing to large oil & gas reserves present across countries such as Saudi Arabia and UAE. However, low penetration rate of expansion joint coupled with high operating costs associated with them makes this regional market unattractive at present stage compared to others such as Latin America and Asia Pacific.
Growth Factors:
- Increasing demand from construction and infrastructure sector
- Rising awareness about the benefits of metallic expansion joints over traditional materials
- Technological advancements in manufacturing processes
- Growing demand for customized products
- Rising disposable income of consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Metallic Expansion Joints Market Research Report
By Type
Axial, Angular, Lateral
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
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Metallic Expansion Joints Market Report Segments:
The global Metallic Expansion Joints market is segmented on the basis of:
Types
Axial, Angular, Lateral
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 Metallic Expansion Joints 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:
- Axial
- Angular
- Lateral
- 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 Metallic Expansion Joints 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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- Product & Brand Management
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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?
Metallic expansion joints are a type of joint that use metal to expand and contract. This allows for a smooth movement of the joint, which can reduce the chances of damage or wear.
Some of the key players operating in the metallic expansion joints 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.
The metallic expansion joints 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 Metallic Expansion Joints 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 Metallic Expansion Joints Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Metallic Expansion Joints 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 Metallic Expansion Joints 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 Metallic Expansion Joints Market Size & Forecast, 2018-2028
4.5.1 Metallic Expansion Joints Market Size and Y-o-Y Growth
4.5.2 Metallic Expansion Joints Market Absolute $ Opportunity
Chapter 5 Global Metallic Expansion Joints 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 Metallic Expansion Joints Market Size Forecast by Type
5.2.1 Axial
5.2.2 Angular
5.2.3 Lateral
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Metallic Expansion Joints 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 Metallic Expansion Joints Market Size Forecast by Applications
6.2.1 Power Engineering
6.2.2 Petrochemical
6.2.3 Heavy Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Metallic Expansion Joints 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 Metallic Expansion Joints 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 Metallic Expansion Joints Analysis and Forecast
9.1 Introduction
9.2 North America Metallic Expansion Joints 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 Metallic Expansion Joints Market Size Forecast by Type
9.6.1 Axial
9.6.2 Angular
9.6.3 Lateral
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 Metallic Expansion Joints Market Size Forecast by Applications
9.10.1 Power Engineering
9.10.2 Petrochemical
9.10.3 Heavy Industry
9.10.4 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 Metallic Expansion Joints Analysis and Forecast
10.1 Introduction
10.2 Europe Metallic Expansion Joints 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 Metallic Expansion Joints Market Size Forecast by Type
10.6.1 Axial
10.6.2 Angular
10.6.3 Lateral
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 Metallic Expansion Joints Market Size Forecast by Applications
10.10.1 Power Engineering
10.10.2 Petrochemical
10.10.3 Heavy Industry
10.10.4 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 Metallic Expansion Joints Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Metallic Expansion Joints 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 Metallic Expansion Joints Market Size Forecast by Type
11.6.1 Axial
11.6.2 Angular
11.6.3 Lateral
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 Metallic Expansion Joints Market Size Forecast by Applications
11.10.1 Power Engineering
11.10.2 Petrochemical
11.10.3 Heavy Industry
11.10.4 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 Metallic Expansion Joints Analysis and Forecast
12.1 Introduction
12.2 Latin America Metallic Expansion Joints 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 Metallic Expansion Joints Market Size Forecast by Type
12.6.1 Axial
12.6.2 Angular
12.6.3 Lateral
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 Metallic Expansion Joints Market Size Forecast by Applications
12.10.1 Power Engineering
12.10.2 Petrochemical
12.10.3 Heavy Industry
12.10.4 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) Metallic Expansion Joints Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Metallic Expansion Joints 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) Metallic Expansion Joints Market Size Forecast by Type
13.6.1 Axial
13.6.2 Angular
13.6.3 Lateral
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) Metallic Expansion Joints Market Size Forecast by Applications
13.10.1 Power Engineering
13.10.2 Petrochemical
13.10.3 Heavy Industry
13.10.4 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 Metallic Expansion Joints Market: Competitive Dashboard
14.2 Global Metallic Expansion Joints Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Trelleborg
14.3.2 Witzenmann
14.3.3 Senior Flexonics
14.3.4 Teadit Group
14.3.5 Hyspan Precision
14.3.6 HKR
14.3.7 BOA Holding
14.3.8 Pyrotek
14.3.9 AEROSUN-TOLA
14.3.10 EagleBurgmann
14.3.11 EBAA Iron
14.3.12 Metraflex
14.3.13 U.S. Bellows
14.3.14 Flexider
14.3.15 Macoga
14.3.16 Spiroflex
14.3.17 Holz Rubber Company
14.3.18 Anant Engineering & Fabricators
14.3.19 Osaka Rasenkan Kogyo
14.3.20 Kadant Unaflex
14.3.21 Microflex
14.3.22 Flexicraft Industries
14.3.23 Tofle
14.3.24 Viking Johnson
14.3.25 Romac Industries
14.3.26 Ditec
14.3.27 Teddington Engineered
