Bridge Expansion Joints are essential components of bridges, helping to protect the structure from external elements and allowing for the movement of the bridge deck due to thermal expansion and contraction. The global bridge expansion joint market is expected to witness a healthy growth rate over the forecast period, due to the increasing construction of bridges across the globe. Moreover, the rising demand for bridge expansion joints from developing countries such as India and China is expected to further propel the growth of the market.
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The global bridge expansion joint market is segmented by type, material, and application. On the basis of type, the market is further divided into finger joint, edge joint, and others. By material type, the market is further segmented into rubber, asphaltic, polyurethane, and others. The application segment is further divided into high speed rail, road bridges, railway bridges, and others.
The manufacturers of bridge expansion joints are focusing on introducing innovative solutions for better performance and ease of installation. For instance, the new bridge expansion joint systems are designed in a way that they can be installed without any welding, which reduces the installation cost and time. The companies are also providing customized solutions to meet the specific requirements of customers.
The key players operating in the global bridge expansion joint market include Freyssinet, Eichelberger GmbH, EMSEAL Joint Systems Ltd, D.S. Brown Company, Bridge & Concrete Accessories, Inc., and RJ Watson, Inc. amongst others. These companies are focusing on strategic collaborations and acquisitions to stay competitive in the market. For instance, in June 2020, Freyssinet acquired Uretek, a specialist in ground engineering and deep injection. This acquisition is expected to strengthen Freyssinet’s product portfolio and expand its presence in the market.
In conclusion, the increasing demand for bridge expansion joints due to the rising construction of bridges across the globe is expected to drive the growth of the market in the coming years. The increasing demand from developing countries such as India and China is expected to further propel the growth of the market. The manufacturers are focusing on introducing innovative solutions to gain competitive advantage in the market.
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