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Lead Rubber Bearings Market Trends

  • Report ID: GMI10368
  • Published Date: Jul 2024
  • Report Format: PDF

Lead Rubber Bearings Market Trends

The increasing frequency and intensity of seismic events have prompted a significant shift in the structural engineering landscape, leading to a growing trend toward retrofitting existing structures with seismic isolation systems. This proactive approach is essential for enhancing the resilience of buildings and infrastructure in earthquake-prone regions. Continuous advancements in materials and engineering techniques are improving the performance and cost-effectiveness of LRB systems. Enhanced durability and efficiency are making these systems more appealing for retrofitting applications. There is an increasing emphasis on preserving historical buildings while upgrading their seismic resilience. LRB systems provide a viable solution that allows for structural upgrades without compromising the architectural integrity of heritage sites.
 

The increasing focus on sustainability and environmental concerns is reshaping the construction and engineering industries, influencing the adoption and development of LRB for seismic isolation. There is a growing demand for using sustainable materials in the production of LRBs. Manufacturers are exploring alternatives that reduce environmental impact while maintaining structural integrity. Conducting Life Cycle Assessments (LCA) helps evaluate the environmental footprint of LRBs, from raw material extraction to end-of-life disposal, guiding more sustainable production practices. LRBs are designed for durability, reducing the need for frequent replacements. This longevity contributes to lower waste generation and resource consumption over time.
 

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of lead rubber bearings was reached USD 2 billion in 2023 and is anticipated to register over 4% CAGR between 2024 and 2032, driven by growing trend of retrofitting existing structures with seismic isolation systems.

The high-damping segment in the lead rubber bearings market is expected to cross USD 1 billion by 2032, due to increasing investments in R&D, rapid urbanization and infrastructure development.

North America lead rubber bearings market is likely to exceed USD 1 billion by 2032, fueled by the high seismic activity and growing recognition of seismic protection needs in infrastructure.

Earthquake Protection Systems, Inc., FIP Industriale S.p.A., Granor Rubber and Engineering Pty Ltd., Mageba SA, Maurer SE, Nippon Steel Corporation, and VSL International Ltd.

Lead Rubber Bearings Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 19
  • Tables & Figures: 232
  • Countries covered: 21
  • Pages: 220
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