Market Overview:
The global strip seal expansion joint market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for bridge connections and highway installations across the globe. Additionally, the growing infrastructure development in emerging economies is also contributing to the growth of this market. The global strip seal expansion joint market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into strip seal expansion joints with straight head and strip seal expansion joints with bending head. On the basis of application, it can be classified into bridge connection, highway installation, and others (marine applications). Region-wise, it can be segregated into North America, Latin America Europe Asia Pacific Middle East & Africa (MEA).
Product Definition:
A strip seal expansion joint is a device used to absorb the thermal expansion and contraction of materials, typically in piping or other metal structures. Strip seal expansion joints are usually made from a flexible material such as rubber or neoprene, and have one or more metal strips running the length of the joint. The metal strips help to keep the joint in place while it flexes, and also provide some resistance against wear and tear. Strip seal expansion joints are important for preventing damage to pipes and other metallic structures due to thermal expansion and contraction.
Strip Seal Expansion Joints With Straight Head:
Strip seal expansion joints with straight head are used in building & construction industry for sealing crack between two substrates such as concrete and masonry, or between flooring and sub-flooring. These products are available in different forms including tapes, adhesives, liquids and sprays. The expansion joint is filled by means of a syringe or caulking gun through the open end of the tapered roller.
Strip Seal Expansion Joints With Bending Head:
Strip seal expansion joints with bending head are used in applications where the cross-sectional area of the concrete element to be sealed is greater than round. In such cases, a special kind of joint known as a strip seal expansion joint is employed. The product finds application in various industries including water & wastewater treatment, oil & gas and power generation among others.
Application Insights:
The highway installation segment dominated the global strip seal expansion joint market in terms of revenue share in 2017. This is attributed to the growing construction of new highways across various regions, including Asia Pacific and Middle East & Africa. For instance, according to a study by the International Road Federation (IRF), around USD 3 trillion will be invested in new roads and transport systems globally from 2016 to 2030. However, only around USD 937 billion was invested from 2013 to 2015 which indicates a decline of 37% in five years.
This dip may indicate that there is an under-investment or under-construction road network compared with past years but it also indicates that there are plans for future investments at a similar rate as previous ones which can be taken advantage of by market players during forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing road infrastructure spending in countries such as China and India. In addition, rising demand for motor vehicles is anticipated to drive product demand in this region.
The Middle East & Africa market was valued at USD X million in 2017 and is projected to grow at a significant rate over the forecast period owing to rapid development of transportation infrastructure coupled with high investments from foreign players looking for lucrative returns on their investment projects, which will drive overall market growth over the next eight years.
North America held a substantial share of global strip seal expansion joint industry revenue owing its large highway network that requires regular maintenance.
Growth Factors:
- Increasing demand from construction and infrastructure sector
- Rising awareness about the benefits of using strip seal expansion joint in construction projects
- Growing popularity of green building practices that promote use of environment-friendly materials and products
- Technological advancements in the manufacturing process of strip seal expansion joint that result in improved quality and performance
- Rising demand from emerging markets such as Asia Pacific, Latin America, and Africa
Scope Of The Report
Report Attributes
Report Details
Report Title
Strip Seal Expansion Joint Market Research Report
By Type
Strip Seal Expansion Joints With Straight Head, Strip Seal Expansion Joints With Bending Head
By Application
Bridge Connection, Highway Installation, Others
By Companies
Hengshui JingTong Rubber Co., Ltd., D. S. TechStar, Inc., D. S. Brown, Sandhya Enterprises, Sanfield (India) Limited(MAURER SE Group), Ameenji Rubber, Saradhi Engineering, Hitech Rubber Industries, Baoli Group
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Strip Seal Expansion Joint Market Report Segments:
The global Strip Seal Expansion Joint market is segmented on the basis of:
Types
Strip Seal Expansion Joints With Straight Head, Strip Seal Expansion Joints With Bending Head
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
Bridge Connection, Highway Installation, 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:
- Hengshui JingTong Rubber Co., Ltd.
- D. S. TechStar, Inc.
- D. S. Brown
- Sandhya Enterprises
- Sanfield (India) Limited(MAURER SE Group)
- Ameenji Rubber
- Saradhi Engineering
- Hitech Rubber Industries
- Baoli Group
Highlights of The Strip Seal Expansion Joint 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:
- Strip Seal Expansion Joints With Straight Head
- Strip Seal Expansion Joints With Bending Head
- By Application:
- Bridge Connection
- Highway Installation
- 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 Strip Seal Expansion Joint 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?
A strip seal expansion joint is a type of joint that allows two pieces of metal to move together along a seam, without the use of screws or nails. The strip seal expands and contracts as the metal moves, creating a tight seal that prevents water and other debris from entering the joint.
Some of the major players in the strip seal expansion joint market are Hengshui JingTong Rubber Co., Ltd., D. S. TechStar, Inc., D. S. Brown, Sandhya Enterprises, Sanfield (India) Limited(MAURER SE Group), Ameenji Rubber, Saradhi Engineering, Hitech Rubber Industries, Baoli Group.
The strip seal expansion joint market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Strip Seal Expansion Joint 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. Strip Seal Expansion Joint Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Strip Seal Expansion Joint Market - Supply Chain
4.5. Global Strip Seal Expansion Joint Market Forecast
4.5.1. Strip Seal Expansion Joint Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Strip Seal Expansion Joint Market Size (000 Units) and Y-o-Y Growth
4.5.3. Strip Seal Expansion Joint Market Absolute $ Opportunity
5. Global Strip Seal Expansion Joint 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. Strip Seal Expansion Joint Market Size and Volume Forecast by Type
5.3.1. Strip Seal Expansion Joints With Straight Head
5.3.2. Strip Seal Expansion Joints With Bending Head
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Strip Seal Expansion Joint 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. Strip Seal Expansion Joint Market Size and Volume Forecast by Application
6.3.1. Bridge Connection
6.3.2. Highway Installation
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Strip Seal Expansion Joint 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. Strip Seal Expansion Joint 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 Strip Seal Expansion Joint 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. Strip Seal Expansion Joint 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 Strip Seal Expansion Joint Demand Share Forecast, 2019-2026
9. North America Strip Seal Expansion Joint 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 Strip Seal Expansion Joint 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 Strip Seal Expansion Joint Market Size and Volume Forecast by Application
9.4.1. Bridge Connection
9.4.2. Highway Installation
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Strip Seal Expansion Joint Market Size and Volume Forecast by Type
9.7.1. Strip Seal Expansion Joints With Straight Head
9.7.2. Strip Seal Expansion Joints With Bending Head
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 Strip Seal Expansion Joint Demand Share Forecast, 2019-2026
10. Latin America Strip Seal Expansion Joint 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 Strip Seal Expansion Joint 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 Strip Seal Expansion Joint Market Size and Volume Forecast by Application
10.4.1. Bridge Connection
10.4.2. Highway Installation
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Strip Seal Expansion Joint Market Size and Volume Forecast by Type
10.7.1. Strip Seal Expansion Joints With Straight Head
10.7.2. Strip Seal Expansion Joints With Bending Head
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 Strip Seal Expansion Joint Demand Share Forecast, 2019-2026
11. Europe Strip Seal Expansion Joint 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 Strip Seal Expansion Joint 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 Strip Seal Expansion Joint Market Size and Volume Forecast by Application
11.4.1. Bridge Connection
11.4.2. Highway Installation
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Strip Seal Expansion Joint Market Size and Volume Forecast by Type
11.7.1. Strip Seal Expansion Joints With Straight Head
11.7.2. Strip Seal Expansion Joints With Bending Head
11.8. Basis Point Shar (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 Strip Seal Expansion Joint Demand Share, 2019-2026
12. Asia Pacific Strip Seal Expansion Joint 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 Strip Seal Expansion Joint 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 Strip Seal Expansion Joint Market Size and Volume Forecast by Application
12.4.1. Bridge Connection
12.4.2. Highway Installation
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Strip Seal Expansion Joint Market Size and Volume Forecast by Type
12.7.1. Strip Seal Expansion Joints With Straight Head
12.7.2. Strip Seal Expansion Joints With Bending Head
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 Strip Seal Expansion Joint Demand Share, 2019-2026
13. Middle East & Africa Strip Seal Expansion Joint 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 Strip Seal Expansion Joint 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 Strip Seal Expansion Joint Market Size and Volume Forecast by Application
13.4.1. Bridge Connection
13.4.2. Highway Installation
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Strip Seal Expansion Joint Market Size and Volume Forecast by Type
13.7.1. Strip Seal Expansion Joints With Straight Head
13.7.2. Strip Seal Expansion Joints With Bending Head
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 Strip Seal Expansion Joint Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Strip Seal Expansion Joint Market: Market Share Analysis
14.2. Strip Seal Expansion Joint Distributors and Customers
14.3. Strip Seal Expansion Joint Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hengshui JingTong Rubber Co., Ltd.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. D. S. TechStar, Inc.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. D. S. Brown
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sandhya Enterprises
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sanfield (India) Limited(MAURER SE Group)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ameenji Rubber
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Saradhi Engineering
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hitech Rubber Industries
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Baoli Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook