Expansion Joints Market Forecast and Trends

Shingetsu Research29 Aug, 2024Business

The Expansion Joints Market is projected to grow from USD 2.1 billion in 2022 to USD 5.5 billion by 2030, with a CAGR of 5.2%. These joints are essential for accommodating temperature-induced movements in structures like bridges and pipelines. The market is driven by increasing construction and infrastructure projects, despite challenges such as raw material price fluctuations. Post-pandemic, the demand for advanced, lightweight expansion joints is expected to rise.