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.
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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
Competitive Landscape
“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.
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Global Metal Bellows Industry by Category
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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.
Dec 19, 2022