Global Elastomeric Coupling Market Growth 2023-2029
Using rubber or plastic materials will accommodate some misalignment while providing vibration dampening. Elastomeric types of couplings are capable of also providing shock absorption. A popular design is the jaw coupling. A metallic component goes on either end of the shafts to be connected and the elastomer fits between them.
LPI (LP Information)' newest research report, the “Elastomeric Coupling Industry Forecast” looks at past sales and reviews total world Elastomeric Coupling sales in 2022, providing a comprehensive analysis by region and market sector of projected Elastomeric Coupling sales for 2023 through 2029. With Elastomeric Coupling sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Elastomeric Coupling industry.
This Insight Report provides a comprehensive analysis of the global Elastomeric Coupling landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Elastomeric Coupling portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Elastomeric Coupling market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Elastomeric Coupling and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Elastomeric Coupling.
The global Elastomeric Coupling market size is projected to grow from US$ 1569 million in 2022 to US$ 2561.2 million in 2029; it is expected to grow at a CAGR of 2561.2 from 2023 to 2029.
Global elastomeric couplings key players include Siemens, Regal Rexnord, Dodge etc. Global top 5 manufacturers hold a share over 35%.
North America is the largest market, with a share over 35%, followed by Europe and China, both have a share over 50% percent.
In terms of product, jaw type is the largest segment, with a share over 30%. And in terms of application, the largest application is compressors.
This report presents a comprehensive overview, market shares, and growth opportunities of Elastomeric Coupling market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Jaw Type
Gear Type
Tire Type
Dowel Pin Type
Other Type
Segmentation by application
Pumps
Fans/Blowers
Compressors
Mixers
Conveyors
Dynamo
Ship
Mining
Transportation
Other Type
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Siemens
Regal Rexnord
Dodge
Altra Industrial Motion
KTR
SKF
VULKAN
Voith
LORD
The Timken
REICH
KWD
John Crane
Renold
Tsubakimoto Chain
R+W Coupling
WHZT
Baitou Huashuo
Key Questions Addressed in this Report
What is the 10-year outlook for the global Elastomeric Coupling market?
What factors are driving Elastomeric Coupling market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Elastomeric Coupling market opportunities vary by end market size?
How does Elastomeric Coupling break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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