Global Metal Expansion Joints Market Growth 2023-2029
Metal expansion joints (also called compensators) are compensating elements for thermal expansion and relative movement in pipelines, containers and machines. They consist of one or more metal bellows, connectors at both ends, and tie rods that depend on the application. They are differentiated according to the three basic types of movement: axial, angular and lateral expansion joints.
LPI (LP Information)' newest research report, the “Metal Expansion Joints Industry Forecast” looks at past sales and reviews total world Metal Expansion Joints sales in 2022, providing a comprehensive analysis by region and market sector of projected Metal Expansion Joints sales for 2023 through 2029. With Metal Expansion Joints sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Metal Expansion Joints industry.
This Insight Report provides a comprehensive analysis of the global Metal Expansion Joints 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 Metal Expansion Joints portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Metal Expansion Joints market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Metal Expansion Joints 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 Metal Expansion Joints.
The global Metal Expansion Joints market size is projected to grow from US$ 962.8 million in 2022 to US$ 1088.1 million in 2029; it is expected to grow at a CAGR of 1088.1 from 2023 to 2029.
Europe is the largest Metal Expansion Joints market with about 33% market share. US is follower, accounting for about 32% market share.
The key players are Witzenmann, BOA Group, Kadant Unaflex, Senior Flexonics Pathway, Flexider, Belman A/S, Tecofi France, Metraflex Company, Stenflex, Unisource-MFG, Flexicraft Industries, Twin City Hose, Inc., Pacific Hoseflex, Bikar, Karasus, Ayvaz, Politeknik(Klinger), Resistoflex, Interlink Marine A/S, BM Europe, HKS Group, Safetech, TOZEN Group, YongKwang, Megaflexon, TOFLE CO., INC., U.S. Bellows, Macoga, EagleBurgmann, TECHNOFLEX CORPORATION, Weldmac Manufacturing Company, AEROSUN-TOLA, Gongyi Runda Pipeline Manufacturing, Panew, Shanghai SongJiang JingNing Shock Absorber, Join Force, Kanwal Industrial Corporation, ENG CHEONG MACHINERY, Keyser Technologies Pte Ltd, Jiangsu Fustar Bellows etc. Top 3 companies occupied about 24% market share.
This report presents a comprehensive overview, market shares, and growth opportunities of Metal Expansion Joints market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Axial Expansion Joints
Angular Expansion Joints
Lateral Expansion Joints
Universal Expansion Joints
Segmentation by application
Petrochemical Industry
Power Generation Industry
Heavy Industry
Others
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.
Witzenmann
BOA Group
Kadant Unaflex
Senior Flexonics Pathway
Flexider
Belman A/S
Tecofi France
Metraflex Company
Stenflex
Unisource-MFG
Flexicraft Industries
Twin City Hose, Inc.
Pacific Hoseflex
Bikar
Karasus
Ayvaz
Politeknik (Klinger)
Resistoflex
Interlink Marine A/S
BM Europe
HKS Group
Safetech
TOZEN Group
YongKwang
Megaflexon
TOFLE CO., INC.
U.S. Bellows
Macoga
EagleBurgmann
TECHNOFLEX CORPORATION
Weldmac Manufacturing Company
AEROSUN-TOLA
Gongyi Runda Pipeline Manufacturing
Panew
Shanghai SongJiang JingNing Shock Absorber
Join Force
Kanwal Industrial Corporation
ENG CHEONG MACHINERY
Keyser Technologies Pte Ltd
Jiangsu Fustar Bellows
Key Questions Addressed in this Report
What is the 10-year outlook for the global Metal Expansion Joints market?
What factors are driving Metal Expansion Joints market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Metal Expansion Joints market opportunities vary by end market size?
How does Metal Expansion Joints 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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