Global Bridge Expansion Joints Market to reach USD XXX billion by 2027.
Global Bridge Expansion Joints Market is valued approximately USD XXX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX over the forecast period 2021-2027.
Expansion joints or movement joints are designed to holds parts together and adjust its length accommodating movement or deformation by external loads, shrinkage, or temperature variations, and allow for continuous traffic between bridge structures and interconnecting structures without any distraction.
Increasing number of railway construction in developing countries and growing number of bridges to avoid extra crowd and traffic is a driven factor for the market.
In 2018, Trelleborg AB, a manufacturer and distributor of polymer technology systems, has come up with the opening of three new expansion product facilities in Queretaro, Mexico and the U.S. to expand its presence and meet consumer needs. RJ Watson Inc., a manufacturer of structural engineering solutions for the construction industry, signed a collaboration agreement with Acoustiblok Inc. to expand its distribution network in North America.
Unaffordability of technology because of the continuously increasing prices in underdeveloped cities can be a limiting factor for the market. However, government is taking initiative to make cities more modern and smarter by introducing metro and mono rails and has been investing in the transportation and infrastructure for the development of the cities and the ease of daily traveling citizens which will favour the growth of the market in forthcoming period.
The regional analysis of global Bridge Expansion Joints Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. The Middle East & Africa region is considered to gain 1.3X growth in the global bridge expansion joints market, followed by Latin America, South East Asia (SEA) & Pacific and China in terms of value. Altogether, the Middle East & Africa and Latin America has been predicted to register a CAGR of 14.8% by value, which is 2.1X less than the collective growth of all other regions.

Major market player included in this report are:
Canam Group Inc
Gumba GmbH & Co. KG
Mageba SA
KantaFlex Pvt.Ltd.
Granor Rubber & Engineering
Metal Engineering & Treatment Co. Pvt.Ltd.
RJ Watson, Inc.
Freyssinet
Ekspan
Watson Bowman Acme

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the Industrial within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Open Joints
Closed Joints

By Application:
Railways
Roadways


By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoASIA PACIFIC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global Bridge Expansion Joints Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors