Global Rubber Expansion Joints Market Outlook 2022

Rubber expansion joint is a flexible connector fabricated of natural and/or synthetic elastomers and fabric, if necessary, internal metallic reinforcements designed to provide stress relief in piping systems due to thermal movements and mechanical vibration.
Global Rubber Expansion Joints key players include Elaflex, TOZEN Group, HKS Group, ContiTech AG, etc. Global top four manufacturers hold a share over 20%.
Asia-Pacific is the largest market, with a share about 45%, followed by Europe, and North America, both have a share over 45 percent.
In terms of product, Universal Rubber Expansion Joints is the largest segment, with a share over 40%. And in terms of application, the largest application is Industrial Piping Systems, followed by Power Systems, Waste Water Systems, Marine Systems, etc.

Market Analysis and Insights: Global Rubber Expansion Joints Market
The global Rubber Expansion Joints market was valued at US$ 301 million in 2020 and it is expected to reach US$ 462.9 million by the end of 2027, growing at a CAGR of 6.4% during 2021-2027.

Global Rubber Expansion Joints Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Rubber Expansion Joints Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Universal Rubber Expansion Joints
Lateral Rubber Expansion Joints
Angular Rubber Expansion Joints
Others

Segment by Application
Industrial Piping Systems
Power Systems
Marine Systems
Waste Water Systems
Others

By Company
Elaflex
HKS Group
ContiTech AG
Politeknik(Klinger)
Kadant
Stenflex
Belman A/S
Senior Flexonics
PROCO Products
Mercer Rubber
Ayvaz
Kyokuto Rubber
Ditec
Bikar
Unisource-MFG
Pacific Hoseflex
Tecofi France
Radcoflex
Genebre Group
Xinli Pipeline
TOZEN Group
Metraflex
Vibro-Acoustics
Freyssinet
Twin City Hose
Flexicraft Industries
Resistoflex
Safetech
Teddington AB
Karasus
Interlink Marine

Production by Region
North America
Europe
China
Japan
Australia
India

Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE