Market Analysis and Insights: Global Concrete Expansion Joint Market

Concrete joints are used to compensate when concrete expands or shrinks with changes in temperature. Concrete joints are normally used to prevent cracks when the concrete shrinks by creating forming, tooling, sawing and placing joint formers. The pre-planned cracks will provide a better finish concrete product and will be formed in specific locations where those cracks could be monitored. Sometimes because of the material and width or span of the concrete joints are required to improve the performance of the material and allow the materials to expand/contract or move without damaging other structures.

Due to the COVID-19 pandemic, the global Concrete Expansion Joint market size is estimated to be worth US$ 868 million in 2022 and is forecast to a readjusted size of US$ 1055.5 million by 2029 with a CAGR of 2.8% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Asphalt Expansion Joint accounting for % of the Concrete Expansion Joint global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Buildings segment is altered to an % CAGR throughout this forecast period.

Global Concrete Expansion Joint key players include ZKHY, Roaby, GCP Applied Technologies, etc. Global top three manufacturers hold a share over 10%.

Asia-Pacific is the largest market, with a share about 45%, followed by Europe, and North America, both have a share about 40 percent.

In terms of product, Asphalt Expansion Joint is the largest segment, with a share over 35%. And in terms of application, the largest application is Buildings, followed by Roads, Bridges, etc.

Global Concrete Expansion Joint Scope and Market Size

The global Concrete Expansion Joint market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Concrete Expansion Joint market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.


Segment by Type


Asphalt Expansion Joint

Foam Expansion Joint

Rubber Expansion Joint

Cork Expansion Joint

Others


Segment by Application


Buildings

Roads

Bridges

Others

By Region

United States

Europe

China

Japan

Southeast Asia

India

Other Regions


By Company


GCP Applied Technologies

Watson Bowman Acme

EMSEAL Joint Systems

MM Systems

W. R. Meadows

LymTal International

DS Brown

ITW Construction Systems

Nystrom

RJ Watson

Connolly Key Joint

Amorim

WE Cork

Megacork

Roaby

ZKHY