Global Bridge Expansion Joints Market, By Type (Open Joints and Closed Joints), Application (Roadway Bridges and Railway Bridges), and Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global Bridge Expansion Joints Market
The bridge expansion joints market is expected to witness market growth at a rate of 5.10% in the forecast period of 2021 to 2028 and is expected to reach USD 2,333.31 million by 2028. Data Bridge Market Research report on bridge expansion joints market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the economies is escalating the growth of bridge expansion joints market.
Expansion joints or movement joints are known designed to allow constant traffic between two structures and are essential to accommodate structural movements that are caused by temperature-induced expansion and contraction.
Major factors that are expected to boost the growth of the bridge expansion joints market in the forecast period are the rise in the initiatives taken by the government to develop smart cities. Furthermore, the increasing investments in the transportation and infrastructure advancement in emerging countries is further anticipated to propel the growth of the bridge expansion joints market. Moreover, the growing investment in developing and maintaining bridges around the world is further estimated to cushion the growth of the bridge expansion joints market. On the other hand, unaffordability of certain underdeveloped countries is further projected to impede the growth of the bridge expansion joints market in the timeline period.
- In addition, benefits regarding the bridge expansion joints, and technological developments have in the manufacturing techniques will further provide the potential opportunities for the growth of the bridge expansion joints market in the coming years. However, the price of new technologies might further challenge the growth of the bridge expansion joints market in the near future.
This bridge expansion joints market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on bridge expansion joints market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Bridge Expansion Joints Market Scope and Market Size
The bridge expansion joints market is segmented on the basis of type and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the bridge expansion joints market has been segmented into open joints and closed joints. Open joints is further sub segmented into butt joint, sliding plate joint and finger joint. Closed joints is further sub segmented into compression seal joint, strip seal joint and modular elastomeric joint.
- On the basis of application, the bridge expansion joints market has been segmented into roadway bridges and railway bridges.
Bridge Expansion Joints Market Country Level Analysis
The bridge expansion joints market is analysed and market size, volume information is provided by country, type and application as referenced above.
The countries covered in the bridge expansion joints market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the bridge expansion joints market due to the rise in the rise in the number of construction activities. Furthermore, the growing investment in the development of smart cities will further boost the growth of the bridge expansion joints market in the region during the forecast period. Latin America is projected to observe significant amount of growth in the bridge expansion joints market due to the rise in the construction activities. Moreover, the growing government initiatives to develop smart cities is further bridge expansion joints market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Bridge Expansion Joints Market Share Analysis
The bridge expansion joints market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to bridge expansion joints market.
The major players covered in the bridge expansion joints market report are Canam Group Inc., Gumba GmbH & Co. KG, Mageba, KantaFlex (India) Private Ltd., Granor Rubber & Engineering, www.Metco.com, RJ Watson, Inc., Freyssinet SAS, Ekspan Ltd, Watson Bowman Acme, Zaoqiang Dacheng Rubber Co., Ltd., Trelleborg AB, Tensacciai S.r.l., Sika AG, EMSEAL Joint Systems, Ltd., and LJ Avalon LLC, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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