Global Concrete Expansion Joint Market Research Report 2022

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.
Market Analysis and Insights: Global Concrete Expansion Joint Market
Due to the COVID-19 pandemic, the global Concrete Expansion Joint market size is estimated to be worth US$ 894.4 million in 2022 and is forecast to a readjusted size of US$ 1055.5 million by 2028 with a CAGR of 2.8% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Asphalt Expansion Joint accounting for % of the Concrete Expansion Joint global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. 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 Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Concrete Expansion Joint Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Asphalt Expansion Joint
Foam Expansion Joint
Rubber Expansion Joint
Cork Expansion Joint
Others

Segment by Application
Buildings
Roads
Bridges
Others

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
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina