PUBLISHER: IMARC | PRODUCT CODE: 1467749
PUBLISHER: IMARC | PRODUCT CODE: 1467749
Metal Expansion Joints Market by Product Type, Application, End User, and Region 2024-2032
The global metal expansion joints market size reached US$ 993.5 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,301.0 Million by 2032, exhibiting a growth rate (CAGR) of 3% during 2024-2032. The growing utilization of pipeline infrastructure in various industries, the increasing demand for metal expansion joints in the petrochemical industry, and the rising employment of metal expansion joints in fire protection piping systems represent some of the key factors driving the market.
A metal expansion joint is an apparatus containing one or more metal bellows, which are used to absorb dimensional changes caused by the thermal expansion or contraction of pipelines, ducts, or vessels. It comprises a gimbal, hinged, universal, in-line and elbow pressure balanced, axial and lateral expansion, and pressure switches to absorb vibrations caused by engines, pumps, and motors. It is designed to compensate movements caused by rotating machinery, pressure deformations, and misalignment during installation or building settlements. It also reduces stress in pipe systems and pipe loads at connections of sensitive equipment, such as pumps and steam turbines. It offers longer shelf life by preventing the risk of downtime for additional maintenance and repair. It provides a higher ability to conserve space, enhanced economic efficiency, and better performance in absorbing larger movements as compared to pipe bends and pipe loops. As a result, the metal expansion joint finds applications in the chemical, food and beverage (F&B), pharmaceutical, and power industries across the globe.
Metal Expansion Joints Market Trends:
At present, the increasing demand for metal expansion joints as compensating elements for thermal expansion in pipelines, machines, and containers represents one of the key factors supporting the growth of the market. Besides this, there is a rise in the integration of low-pressure bellows to sustain high temperatures and pressures. This, along with the growing utilization of pipeline infrastructure in various industries, is strengthening the growth of the market. In addition, key players are investing in research and development (R&D) activities to study the different fluids passing through pipelines for meeting the demand of the customers in terms of design and applications. They are also focusing on various marketing strategies to expand their customer base, which is propelling the growth of the market. Moreover, the increasing demand for metal expansion joints in the petrochemical industry due to the presence of the complex infrastructure of large pipelines is contributing to the growth of the market. Apart from this, the growing demand for metal expansion joints in fire protection piping systems, along with the reducing number of pipeline network compensators, is positively influencing the market. Additionally, the rising employment of metal expansion joints in the power generation industry to connect equipment, pipelines, and other components is bolstering the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global metal expansion joints market, along with forecasts at the global, regional, and country level from 2024-2032. Our report has categorized the market based on product type, application, and end user.
Product Type Insights:
Lateral Expansion Joints
Axial Expansion Joints
Angular Expansion Joints
Universal Expansion Joints
The report has provided a detailed breakup and analysis of the metal expansion joints market based on the product type. This includes lateral, axial, angular, and universal expansion joints. According to the report, lateral expansion joints represented the largest segment.
Application Insights:
Containers and Pipelines
Heavy Machineries
Heat Exchangers
Others
A detailed breakup and analysis of the metal expansion joints market based on application has also been provided in the report. This includes containers and pipelines, heavy machineries, heat exchangers, and others. According to the report, containers and pipelines accounted for the largest market share.
End User Insights:
Power Generation Industry
Petrochemical Industry
Heavy Industry
Water Treatment Industry
Others
A detailed breakup and analysis of the metal expansion joints market based on end user has also been provided in the report. This includes the power generation industry, petrochemical industry, heavy industry, water treatment industry, and others. According to the report, the power generation industry accounted for the largest market share.
Regional Insights:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and the Middle East and Africa. According to the report, Asia Pacific was the largest market for metal expansion joints. Some of factors driving the Asia Pacific metal expansion joints market are the increasing demand for sustainable energy, rapid industrialization, and burgeoning oil and gas industry across the region.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global metal expansion joints market. Detailed profiles of all major companies have also been provided. Some of the companies include BIKAR, EagleBurgmann Germany GmbH & Co. KG (Freudenberg & Co. KG), FlexEJ Ltd., Macoga S.A., Piping Technology & Products Inc., Senior plc, The Metraflex Company, Triad Bellows, Uniflex Inc., Weldmac Manufacturing Co., and Witzenmann GmbH. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
- How has the global metal expansion joints market performed so far and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global metal expansion joints market?
- What are the key regional markets?
- Which countries represent the most attractive metal expansion joints markets?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end user?
- What is the competitive structure of the global metal expansion joints market?
- Who are the key players/companies in the global metal expansion joints market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Metal Expansion Joints Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product Type
- 6.1 Lateral Expansion Joints
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Axial Expansion Joints
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Angular Expansion Joints
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Universal Expansion Joints
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
7 Market Breakup by Application
- 7.1 Containers and Pipelines
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Heavy Machineries
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Heat Exchangers
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Others
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by End User
- 8.1 Power Generation Industry
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Petrochemical Industry
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Heavy Industry
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Water Treatment Industry
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Others
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 Drivers, Restraints, and Opportunities
- 10.1 Overview
- 10.2 Drivers
- 10.3 Restraints
- 10.4 Opportunities
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 BIKAR
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 EagleBurgmann Germany GmbH & Co. KG (Freudenberg & Co. KG)
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 FlexEJ Ltd.
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 Macoga S.A.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Piping Technology & Products Inc.
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 Senior plc
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.7 The Metraflex Company
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 Triad Bellows
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 Uniflex Inc.
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 Weldmac Manufacturing Co.
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.11 Witzenmann GmbH
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.1 BIKAR
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
List of Figures
- Figure 1: Global: Metal Expansion Joints Market: Major Drivers and Challenges
- Figure 2: Global: Metal Expansion Joints Market: Sales Value (in Million US$), 2018-2023
- Figure 3: Global: Metal Expansion Joints Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 4: Global: Metal Expansion Joints Market: Breakup by Product Type (in %), 2023
- Figure 5: Global: Metal Expansion Joints Market: Breakup by Application (in %), 2023
- Figure 6: Global: Metal Expansion Joints Market: Breakup by End User (in %), 2023
- Figure 7: Global: Metal Expansion Joints Market: Breakup by Region (in %), 2023
- Figure 8: Global: Metal Expansion Joints (Lateral Expansion Joints) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 9: Global: Metal Expansion Joints (Lateral Expansion Joints) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 10: Global: Metal Expansion Joints (Axial Expansion Joints) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 11: Global: Metal Expansion Joints (Axial Expansion Joints) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 12: Global: Metal Expansion Joints (Angular Expansion Joints) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 13: Global: Metal Expansion Joints (Angular Expansion Joints) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 14: Global: Metal Expansion Joints (Universal Expansion Joints) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 15: Global: Metal Expansion Joints (Universal Expansion Joints) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 16: Global: Metal Expansion Joints (Containers and Pipelines) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 17: Global: Metal Expansion Joints (Containers and Pipelines) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 18: Global: Metal Expansion Joints (Heavy Machineries) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 19: Global: Metal Expansion Joints (Heavy Machineries) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 20: Global: Metal Expansion Joints (Heat Exchangers) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 21: Global: Metal Expansion Joints (Heat Exchangers) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 22: Global: Metal Expansion Joints (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 23: Global: Metal Expansion Joints (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 24: Global: Metal Expansion Joints (Power Generation Industry) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 25: Global: Metal Expansion Joints (Power Generation Industry) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 26: Global: Metal Expansion Joints (Petrochemical Industry) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 27: Global: Metal Expansion Joints (Petrochemical Industry) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 28: Global: Metal Expansion Joints (Heavy Industry) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 29: Global: Metal Expansion Joints (Heavy Industry) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 30: Global: Metal Expansion Joints (Water Treatment Industry) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 31: Global: Metal Expansion Joints (Water Treatment Industry) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 32: Global: Metal Expansion Joints (Other End Users) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 33: Global: Metal Expansion Joints (Other End Users) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 34: North America: Metal Expansion Joints Market: Sales Value (in Million US$), 2018 & 2023
- Figure 35: North America: Metal Expansion Joints Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 36: United States: Metal Expansion Joints Market: Sales Value (in Million US$), 2018 & 2023
- Figure 37: United States: Metal Expansion Joints Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 38: Canada: Metal Expansion Joints Market: Sales Value (in Million US$), 2018 & 2023
- Figure 39: Canada: Metal Expansion Joints Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 40: Asia-Pacific: Metal Expansion Joints Market: Sales Value (in Million US$), 2018 & 2023
- Figure 41: Asia-Pacific: Metal Expansion Joints Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 42: China: Metal Expansion Joints Market: Sales Value (in Million US$), 2018 & 2023
- Figure 43: China: Metal Expansion Joints Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 44: Japan: Metal Expansion Joints Market: Sales Value (in Million US$), 2018 & 2023
- Figure 45: Japan: Metal Expansion Joints Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 46: India: Metal Expansion Joints Market: Sales Value (in Million US$), 2018 & 2023
- Figure 47: India: Metal Expansion Joints Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 48: South Korea: Metal Expansion Joints Market: Sales Value (in Million US$), 2018 & 2023
- Figure 49: South Korea: Metal Expansion Joints Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 50: Australia: Metal Expansion Joints Market: Sales Value (in Million US$), 2018 & 2023
- Figure 51: Australia: Metal Expansion Joints Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 52: Indonesia: Metal Expansion Joints Market: Sales Value (in Million US$), 2018 & 2023
- Figure 53: Indonesia: Metal Expansion Joints Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 54: Others: Metal Expansion Joints Market: Sales Value (in Million US$), 2018 & 2023
- Figure 55: Others: Metal Expansion Joints Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 56: Europe: Metal Expansion Joints Market: Sales Value (in Million US$), 2018 & 2023
- Figure 57: Europe: Metal Expansion Joints Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 58: Germany: Metal Expansion Joints Market: Sales Value (in Million US$), 2018 & 2023
- Figure 59: Germany: Metal Expansion Joints Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 60: France: Metal Expansion Joints Market: Sales Value (in Million US$), 2018 & 2023
- Figure 61: France: Metal Expansion Joints Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 62: United Kingdom: Metal Expansion Joints Market: Sales Value (in Million US$), 2018 & 2023
- Figure 63: United Kingdom: Metal Expansion Joints Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 64: Italy: Metal Expansion Joints Market: Sales Value (in Million US$), 2018 & 2023
- Figure 65: Italy: Metal Expansion Joints Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 66: Spain: Metal Expansion Joints Market: Sales Value (in Million US$), 2018 & 2023
- Figure 67: Spain: Metal Expansion Joints Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 68: Russia: Metal Expansion Joints Market: Sales Value (in Million US$), 2018 & 2023
- Figure 69: Russia: Metal Expansion Joints Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 70: Others: Metal Expansion Joints Market: Sales Value (in Million US$), 2018 & 2023
- Figure 71: Others: Metal Expansion Joints Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 72: Latin America: Metal Expansion Joints Market: Sales Value (in Million US$), 2018 & 2023
- Figure 73: Latin America: Metal Expansion Joints Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 74: Brazil: Metal Expansion Joints Market: Sales Value (in Million US$), 2018 & 2023
- Figure 75: Brazil: Metal Expansion Joints Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 76: Mexico: Metal Expansion Joints Market: Sales Value (in Million US$), 2018 & 2023
- Figure 77: Mexico: Metal Expansion Joints Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 78: Others: Metal Expansion Joints Market: Sales Value (in Million US$), 2018 & 2023
- Figure 79: Others: Metal Expansion Joints Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 80: Middle East and Africa: Metal Expansion Joints Market: Sales Value (in Million US$), 2018 & 2023
- Figure 81: Middle East and Africa: Metal Expansion Joints Market: Breakup by Country (in %), 2023
- Figure 82: Middle East and Africa: Metal Expansion Joints Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 83: Global: Metal Expansion Joints Industry: Drivers, Restraints, and Opportunities
- Figure 84: Global: Metal Expansion Joints Industry: Value Chain Analysis
- Figure 85: Global: Metal Expansion Joints Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Metal Expansion Joints Market: Key Industry Highlights, 2023 & 2032
- Table 2: Global: Metal Expansion Joints Market Forecast: Breakup by Product Type (in Million US$), 2024-2032
- Table 3: Global: Metal Expansion Joints Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 4: Global: Metal Expansion Joints Market Forecast: Breakup by End User (in Million US$), 2024-2032
- Table 5: Global: Metal Expansion Joints Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 6: Global: Metal Expansion Joints Market: Competitive Structure
- Table 7: Global: Metal Expansion Joints Market: Key Players
