Market Definition / Research Scope
Also referred to as bridge bearings, elastomer bearings, are parts of a bridge which act as the resting surface between a bridges deck and a bridges beam. Elastomer bearings ensure minimal compression and optimal transmission of a load between both bridge elements, from one to the other. This helps in protecting this type of transportation infrastructure from thermal stresses and seismic effects.
Elastomer bearings are made from rubber and steel. Plain or laminated neoprene is preferred by manufacturers because neoprene rubber has resistance to high temperatures. The rubber resists corrosion, has high flexibility and long lifespan. The multiple benefits involved in use of rubber has made it to gain traction in recent applications. Steel on the hand is preferred because it is highly economical.
Product enhancements are being carried out by manufacturers using effective integration in latest designs, technology and workflow. Big players in manufacturer of elastomer bearing are opting for contracts and new product launches in order to cater for the growing product demand. In July 2017, Trelleborg secured a contract with Johan Sverdrup to supply them with elastomer bearings, in line with its engineered products bearings.
Elastomer bearings are applied in bridges, buildings, sealing elements, crane rail pads, storage tanks, etc.
Elastomer Bearings Market size shall reach a value of $2x61.4 Million in 2031, growing with a CAGR of 12.13% during the forecast period of 2022 to 2031.
Elastomer Bearings Market Growth and Trends
Elastomer bearings are incredible load supporting devices networked within dual bridges. These devices compress the vertical loads of elements required to be ferried from one location to another. Governed by governmental and transportation norms, these systems find extensive applications across the world. The pertinent factors supporting these applications are mentioned below:
• Construction industries given the responsibility of designing connecting bridges.
• Most of the continents desire to upgrade their transportation facilities and elastomer bearings are paramount to this enhancement.
• Many stakeholders come forward to invest in transportation projects with massive infrastructural investments.
• Government guidelines and operations supporting safe transportation of food and cargos.
• Elastomer bearings feature as technological advanced systems which may boost their future demand.
• Growing travel and tourism sectors and the initiation of spectacular hospitality projects in tourist hotspots. The tourism sector accounts to 11,382 million dollars with a CAGR of 4%.
• Cost effective systems for goods transmission.
Challenges to Elastomer Bearings Market
Apart from key drivers, the shortcomings of elastomer bearings market which may obstruct their future market are:
• Low-priced elastomer bearings and their poor concrete fabrication.
• Inferior quality of equipment which may damage the constructions.
Elastomer Bearings Market Regional Analysis
Elastomer Bearings Market Share and Competition
Key companies operating in this industry are: BRP Manufacturing, Canam Group Inc., Cosmec Inc., D.S. Brown, DOSHIN RUBBER PRODUCTS (M) SDN. BHD., Ekspan Limited, Freyssinet Limited, Granor Rubber & Engineering Pty. Limited, MAURER SE, Redwood Plastics and Rubber, Technoslide (Pty) Ltd., Trelleborg AB, and Voss Engineering, Inc. Other industries in this domain that is growing at a high CAGR include Soft Drink Dispensing Machine Market and Regenerative Thermal Oxidiser Market.
Elastomer Bearings Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2022 – 2031)
• Data breakdown for every market segment (2022 – 2031)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2022 - 2031)
• Plain Bearings
• Laminated Bearings
• Bearings with Anchor Plates
• Bearings with Sliding Surface
Material Type Analysis (Revenue, USD Million, 2022 - 2031)
• Steel
• Rubber
Application Analysis (Revenue, USD Million, 2022 - 2031)
• Bridges
• Viaducts
• Buildings
• Storage Tanks
• Sealing Elements
• Crane Rail Pads
Region Analysis (Revenue, USD Million, 2022 - 2031)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Elastomer Bearings Market Companies
• BRP Manufacturing
• Canam Group Inc.
• Cosmec Inc.
• D.S. Brown
• DOSHIN RUBBER PRODUCTS (M) SDN. BHD.
• Ekspan Limited
• Freyssinet Limited
• Granor Rubber & Engineering Pty. Limited
• MAURER SE
• Redwood Plastics and Rubber
• Technoslide (Pty) Ltd.
• Trelleborg AB
• Voss Engineering, Inc.
Available Versions: -
United States Elastomer Bearings Market Research Report
Europe Elastomer Bearings Market Research Report
Asia Pacific Elastomer Bearings Market Research Report
India Elastomer Bearings Market Research Report
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