According to the report titled, ‘Global Bridge Expansion Joints Market Size study, by Type (Open joints, Closed Joints) by Application (Railways, Roadways) and Regional Forecasts 2021-2027’, available with Market Study Report, global bridge expansion joints market is anticipated to record significant growth rate during 2021-2027.
 

Surge in railway construction in developing countries, coupled with increase in number of bridges in order to regulate traffic and unnecessary crowd are stimulating the expansion of global bridge expansion joints market. As per reliable sources, R.J. Watson Inc., which is a leading manufacturer of structural engineering solutions for heavy civil industry, entered into a collaboration with Acoustiblok Inc. in February 2014, with an aim of expanding its distribution channels in North America.
 

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Additionally, introduction of metro and monorails as initiatives by government for development of cities is also fueling the industry development.
 

For the unversed, expansion joints are made to hold parts of bridge together and adjusts its length to accommodate deformation caused by temperature variation, external loads, or shrinkage. These joints facilitate continuous traffic between two interconnecting bridges.
 

On the contrary, the inability of underdeveloped nations to afford costly technologies and advanced construction projection is slowing down the progress of the global bridge expansion joints market.
 

Based on type, the industry is split into open joints, and closed joints, whereas bifurcation by application includes roadways, and railways. Insights pertaining to industry share held by these segments, coupled with their contribution towards the overall remuneration are provided in the report.
 

Speaking of the geographical ambit, marketplace in MEA, Latin America, South East Asia & Pacific is expected to record a steady rise over 2021-2027. MEA and Latin America market is slated to exhibit 14.8% CAGR during study period.
 

Established players operating in the global bridge expansion joints market are Granor Rubber & Engineering Pty Ltd., Ekspan Ltd., Mageba SA, R.J. Watson Inc., Kantaflex (India) Pvt. Ltd., Soletanche Freyssinet Group, Metal Engineering & Treatment Co. Pvt. Ltd., Gumba GmbH & Co. KG, and Watson Bowman Acme Corporation. There companies are constantly improvising their expansion strategies in order to gain competitive edge in the industry space.