Thursday, 23 April 2020

Elastomer Bearings Market to Penetrate Untapped Regions During 2027

  • Elastomer bearings are devices placed between two elements in a bridge structure. Elastomeric bearings support vertical loads with minimal compression, ensuring the transmission of loads from one element to the other.
  • Effective and economical, elastomer bearings are commonly used in modern bridge bearing. They are mostly used in the construction of large span bridges and in the buildings industry. Elastomer bearings are manufactured and designed based on specifications and standards laid down by organizations such as European Norms En 1337, American Association of State Highway and Transportation Officials (AASHTO), and British Standards.
  • An elastomer bearing contains various components such as elastomer, steel plates, and rubber. The internal structure of elastomer bearings comprises a sandwich of mild steel shims and rubber, molded as one unit.
  • The global elastomer bearings market is projected to expand at a rapid pace during the forecast period owing to increased demand for elastomer bearings in the construction industry to make bridge structures that act as a supporting surface between a deck and bridge pier or beam.
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Key Drivers and Restraints of the Global Elastomer Bearings Market

  • Rise in demand for elastomer bearings from the construction industry to make bridge structures is a major factor expected to fuel the demand for elastomer bearings in the next few years.
  • Growing demand to upgrade transportation facilities and improve existing road infrastructure to deliver better accessibility is projected to propel the market in the next few years.
  • Rising investments in the transportation sector and increase in the number of large public infrastructure projects are also anticipated to drive the market for elastomer bearings in the next few years.
  • Furthermore, increasing demand for construction activities in the transportation sector is anticipated to fuel the demand for elastomer bearings during the forecast period.
  • Regulations laid down by governments to assure safety of operations in the transportation sector is anticipated to further boost the global elastomer bearings market in the near future.
  • Rise in innovations and advancements in elastomer bearings is expected to propel the market growth in the upcoming years.

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