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Elastomeric Bearings Market Share

Report ID: GMI10457
Published Date: Jul 2024
Report Format: PDF

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Elastomeric Bearings Market Share

Mageba Group and Trelleborg AB collectively held a significant share of the elastomeric bearings industry in 2023. Mageba Group is a leading global provider of structural bearings and expansion joints, specializing in innovative solutions for civil engineering and infrastructure projects. With a strong focus on elastomeric bearings, Mageba offers advanced products designed to enhance structural integrity and performance in bridges, buildings, and other critical infrastructure.

Trelleborg AB is a prominent global player in engineered polymers and sealing solutions, known for its extensive range of elastomeric bearings. With a robust portfolio that supports various applications, Trelleborg's bearings are designed to withstand dynamic loads and environmental challenges, making them ideal for infrastructure and industrial projects.

Elastomeric Bearings Market Companies

Major players operating in the elastomeric bearings industry are:

Mageba Group
Trelleborg AB
Freyssinet Group
Canam Group Inc.
RJ Watson, Inc.
Cosmec Inc.
VIP-Polymers Ltd.

Authors: Preeti Wadhwani, Aishwarya Ambekar

Frequently Asked Questions (FAQ) :

The elastomeric bearings market was valued at USD 3.5 billion in 2023 and is anticipated to grow over 4% CAGR between 2024 and 2032 driven by the increasing focus on seismic safety.

The viaducts segment in the elastomeric bearings market is growing with over 5% CAGR between 2024 and 2032 due to innovations such as high-performance elastomer compounds.

The North America elastomeric bearings market is expected to reach USD 1.5 billion by 2032 owing to the need to upgrade aging infrastructure and enhance seismic safety.

Mageba Group, Trelleborg AB, Freyssinet Group, Canam Group Inc., RJ Watson, Inc., Cosmec Inc., and VIP-Polymers Ltd. among others.