Metal Bellows Market - Major Revenue Gains are Expected by 2032


The global metal bellows market size is expected to reach US$ 1,968 Mn in 2022. Furthermore, with rising adoption across various industries, the overall demand for metal bellows is projected

The global metal bellows market stands at US$ 1.97 Bn as of now and is expected to reach US$ 3.55 Bn by the year 2032 at a CAGR of 6% between 2022 and 2032.

Bellows come through as ‘flexible seats’, mainly due to the fact that they have a pretty predictable spring rate due to elasticity. The manufacturing sector couldn’t be imagined without bellows, especially in flexible joints, vacuum seals, accumulators, and likewise. Welded bellow holds the largest market share due to better spring rate, resistance against chemicals, leak rate stroke, and likewise.

Metal bellows are capable of easily absorbing thermal and mechanical movement, and have a longer life-span. They are well-known for safeguarding against higher temperature. The tensile strength possessed by metal bellows is unparalleled. Those dealing with pipe joints prefer metal bellows as they help in curbing movement caused due to equipment movement, thermal fluctuation, and pressure pulsation or vibration.

Metal bellows are being preferred in traditional boilers, expansion joints, gas turbines, fuel gas duct systems, mechanical seals, thermal expansion tanks, engine exhaust systems, and steam turbines.

Request a Report Sample@

https://www.futuremarketinsights.com/reports/sample/rep-gb-848

At the same time, it needs to be noted that metal bellows are not conducive to the food & beverage vertical, basically due to the fact that the convolutions of bellows result in bug traps, which is actually tough to clean at the time of operational processes. Future Market Insights has walked through these facts with future perspectives in its latest market study entitled ‘Metal Bellows Market’.

Key Takeaways from Metal Bellows Market

  • North America holds a significant market share and is expected to continue with the winning streak even in the forecast period. This could be attributed to an increasing usage of metal bellows by the aerospace and defense vertical.
  • Europe is expected to witness steadiness in the metal bellows market due to rising demand for welded bellows in marine and aerospace industries. Italy and Germany lead from the front. As per Germany Trade and Invest, the second biggest sector all across Germany is the machinery and equipment one.
  • The Asia-Pacific is expected to grow at the fastest rate in the metal bellows market. This could be reasoned with spike in demand for metal bellows in power & energy, military & defense, automotive, aerospace, and petrochemical vertical. Indian Automobile Manufacturers have mentioned that passenger vehicles’ trade did increase by ~2% in the year 2019.

Competitive Landscape

  • MW Industries, Inc., in June 2018, completed acquisition of the US-based Bellowstech (manufacturing edge welded metal bellows). The former makes provisions for springs, fasteners, and various critical components to cater to aerospace applications. It’s important to note that the company is ISO 9001-certified regarding components.
  • FlexEJ, in April 2022, did complete designing and fabricating an entire batch comprising metal expansion joints for a manufacturer of pharmaceuticals based out of the UK.
  • FlexEJ, in September 2021, completed acquisition of Safetech (a leading manufacturer of rubber bellows).
  • MW Industries, Inc., in 2018, acquired Ameriflex, Inc. (a prominent manufacturer of precision metal bellows, flanges, flexible metal hose, and various other products).

“In spite of metal bellows being subject to strict regulations, the end-users prefer them due to the advantages offered over their counterparts. This factor is expected to boost the metal bellows market in the near future”, says an analyst from Future Market Insights.

For any Queries Linked with the Report, Ask an Analyst@
 https://www.futuremarketinsights.com/ask-question/rep-gb-848

Global Metal Bellows Industry by Category

By Product Type:

  • Formed
  • Electroformed
  • Welded

By Material:

  • Titanium Alloys
  • Stainless Steel Alloys
  • Nickel Alloys
  • Others

By End-Use Industry:

  • Aerospace & Defence
  • Automotive
  • Power Generation
  • Water Treatment
  • Oil & Gas Refining
  • Heavy Manufacturing
  • Light Manufacturing
  • Others

By Application:

  • Conventional Boilers
  • Gas Turbines
  • Fuel Gas Duct Systems
  • Engine Exhaust System
  • FCCU’s
  • Steam Turbines
  • Others

About Future Market Insights

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market.

Contact Information

Future Market Insights

Jumeirah Bay 2 Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers, Dubai United Arab Emirates
1602-006
United States
Phone : 1-845-579-5705
View website

Published in

Business , Industry

Published on

Dec 19, 2022

Social Links