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Viscoelastic Dampers Market Analysis

  • Report ID: GMI10608
  • Published Date: Aug 2024
  • Report Format: PDF

Viscoelastic Dampers Market Analysis

Based on the application, the market is segmented into building and construction, bridges and infrastructures, industrial machinery, automotive, and others. The bridges and infrastructures segment represents the fastest growing segment, with a CAGR of over 13% between 2024 and 2032.
 

  • In earthquake-prone regions, there is a heightened focus on enhancing the seismic resilience of bridges and critical infrastructure. Viscoelastic dampers play a crucial role in mitigating the impact of seismic waves by absorbing and dissipating energy, thereby reducing structural damage and improving overall safety.
     
  • Bridges and large infrastructures are often subjected to dynamic loads and vibrations from traffic, wind, and environmental factors. Viscoelastic dampers help in controlling these vibrations, reducing fatigue and prolonging the lifespan of structures. Aging infrastructure requires regular maintenance and upgrades to meet modern safety standards. Viscoelastic dampers are increasingly used in retrofitting projects to enhance the structural integrity and performance of existing bridges and infrastructures without the need for extensive reconstruction.
     

Global Viscoelastic Dampers Market Share, By Material Type, 2023 

Based on material type, the viscoelastic dampers market is segmented into rubber-based viscoelastic dampers, and polymer-based viscoelastic dampers. The polymer-based viscoelastic dampers segment dominated the market in 2023 and is expected to reach over USD 4 billion by 2032.
 

  • Ongoing progress in polymer science is fostering the creation of advanced materials with superior damping characteristics. These new polymers exhibit enhanced durability, stability across varying temperatures, and increased effectiveness in damping vibrations. As a result, they are becoming increasingly applicable across diverse sectors including automotive, aerospace, and industrial applications.
     
  • Polymer-based viscoelastic dampers are increasingly integrated into advanced suspension systems, including semi-active and adaptive suspension technologies. These systems use real-time sensors and control algorithms to adjust damping characteristics based on road conditions and driving dynamics, enhancing vehicle comfort and handling.
     

U.S. Viscoelastic Dampers Market Size, 2022-2032, (USD Miilion)

The viscoelastic dampers market is experiencing unprecedented growth in North America and is expected to reach USD 2 billion by 2032. The North American region is involved in robust construction industry, coupled with stringent building codes and regulations aimed at improving seismic resilience, is propelling the adoption of viscoelastic dampers. U.S. government’s focus on disaster resilience and infrastructure modernization is providing a strong impetus to the market. Federal funding and initiatives aimed at enhancing the structural integrity of buildings and infrastructure are expected to drive the adoption of viscoelastic dampers in the coming years.
 

The rising awareness about the benefits of these dampers in terms of energy savings and sustainability is driving their adoption across Europe. The growing trend of retrofitting existing structures to enhance their seismic performance is further boosting the market in U.K. The German government’s initiatives and funding for infrastructure development projects are providing significant opportunities for market expansion. The focus on disaster resilience and infrastructure modernization is expected to drive the adoption of viscoelastic dampers in the coming years. Also, the Dutch government’s initiatives and funding for infrastructure development projects, including the construction of smart cities, are providing a strong impetus to the market.
 

The Asia Pacific viscoelastic dampers market is experiencing robust growth, driven by the rapid urbanization and infrastructural development in the region. The increasing focus on enhancing the seismic resilience of buildings, particularly in earthquake-prone countries such as Japan, China, and India, is propelling the demand for viscoelastic dampers. Japan is the most seismically active country in the world, with about 1,500 earthquakes annually. To cater these issues, dampers from Taylor Devices, Inc. allow structures to move and absorb the energy from the earthquake allowing structures to have minimal or no damage. Taylor Devices has completed over 780 projects worldwide including 75 projects in Japan.
 

The increasing incidence of seismic activities, particularly in regions such as Pohang and Gyeongju, is propelling the demand for advanced damping solutions to mitigate vibrations and improve structural stability and the rising awareness about the benefits of viscoelastic dampers in terms of energy efficiency and sustainability is creating significant opportunities for market growth.

Authors: Suraj Gujar , Rutvij Kshirsagar

Frequently Asked Questions (FAQ) :

Viscoelastic dampers industry size recorded USD 2.5 billion in 2023 and will exhibit 10% CAGR from 2024 to 2032, attributed to the increasing need for effective seismic protection and vibration control in buildings and infrastructure.

The polymer-based segment will exceed USD 4 billion by 2032 due to their excellent vibration and seismic control, with high energy dissipation and durability.

North America viscoelastic dampers industry size will reach USD 2 billion by 2032, fueled by advanced infrastructure and stringent building codes that mandate high standards for seismic and vibration control.

Major firms operating in the viscoelastic dampers industry are Taylor Devices, Inc., Sumitomo Riko Company Limited, Maurer SE, FIP Industriale, Freyssinet, Kawakin Holdings Group, and Trelleborg AB, among others.

Viscoelastic Dampers Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 25
  • Tables & Figures: 304
  • Countries covered: 21
  • Pages: 220
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