Rubber Expansion Joints Market: Introduction

  • Rubber expansion joints are manufactured from natural and synthetic rubber which are used as a flexible connector to relive the stress between piping systems due to thermal changes. They are also called as rubber bellows or rubber flexible joints. Rubber expansion joints absorb the noise and reduce the vibration caused by rotating equipment. Rubber expansion joints are used between equipment such as diesel engines, condensers, cooling water pumps, chillers, and pipelined systems. These joints are manufactured from different qualities of rubber such as butyl rubber, acrylonitrile butadiene rubber, chloroprene rubber, and silicone rubber. The growth of manufacturing industries, and the oil & gas sector is expected to boost the demand for rubber expansion joints in the near future.

Growing Waterworks Industry to Drive the Global Rubber Expansion Joints Market

  • Growth of the waterworks sector (sewage system, marine industry, water pipeline systems, etc.) is likely to lead to increased usage of rubber expansion joints. Rubber expansion joints absorb the movements, and relieves the system strain caused by thermal changes such as pumping surges, by significantly increasing the service life of the pipework. Rubber expansion joints are available in single arch type and multiple arch type. Moreover, its use in other industries such as steel plants, industrial manufacturing, food and beverage, shipbuilding industry, and building construction are also major factors expected to drive the global rubber expansion joints market.

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Rising Oil & Gas and Petroleum Sector to Fuel the Rubber Expansion Joints Market Globally

  • Rubber expansion joints absorb vibration and shock between the ducting system, prevents electrolytic corrosion, and acts as positive sealing for leak free operation. Rapidly growing oil & gas industry is expected to positively impact the rubber expansion joints market in the near future. Rubber expansion joints are manufactured according to their usage in different fields of work. The red color band rubber expansion joint represents the joint for water treatment, industrial water, acids, alcohol, esters, and are not suitable for oil-related media. The white color band rubber expansion joint is manufactured for the food and beverage industry. Manufacturers are focusing on product innovation which is expected to drive the global rubber expansion joints market during the forecast period.  

Asia Pacific to Lead the Global Rubber Expansion Joints Market

  • In terms of region, the global rubber expansion joints market can be divided into North America, South America, Europe, Asia Pacific, and Middle East & Africa.
  • Europe includes the country-level analysis for U.K., Germany, France, and Rest of Europe. The North America rubber expansion joints market country-level analysis includes Canada, the U.S., and Rest of North America. The South America rubber expansion joints market is segmented into Brazil, and Rest of South America. Analysis and forecast of the rubber expansion joints market in Asia Pacific features India, China, Japan, and Rest of Asia Pacific. Middle East & Africa covers the market analysis for GCC countries, South Africa, and Rest of Middle East & Africa.
  • The market in Asia Pacific is likely to witness maximum demand for rubber expansion joints from 2019 to 2027 due to a growing construction industry and manufacturing companies.

Key Manufacturers Operating in the Market

Key manufacturers operating in the global rubber expansion joints market are:

  • Garlock Family Of Companies
  • Red Valve Company, Inc.
  • AMCO Europe B.V.
  • MACOGA
  • The Metraflex Company Corporate
  • Kadant Inc.
  • UIP International, Inc
  • STENFLEX® Rudolf Stender GmbH
  • Belman A/S
  • ELAFLEX - Gummi Ehlers GmbH
  • Pacific Hoseflex
  • Bikar

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Global Rubber Expansion Joints Market: Research Scope

Global Rubber Expansion Joints Market, by Structure

  • Universal
  • Axial
  • Lateral
  • Others (Rectangular, etc.)

Global Rubber Expansion Joints Market, by Material

  • Natural Rubber
  • Synthetic Rubber

Global Rubber Expansion Joints Market, by Application

  • Building Construction
  • Waterworks Industry
  • Industrial
  • Oil & Gas Industry
  • Power Industry
  • Others (Pulp & Paper Plant, Food Processing, etc.)
  • Others (Transportation, Shipbuilding, etc.)

Global Rubber Expansion Joints Market, by Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Rest of South America

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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