Welded Metal Bellows Market Trends and End User Anaysis 2020


Posted June 30, 2020 by Aashi_K

The global welded metal bellows market size was USD 239.8 Million in 2019 and is estimated to reach USD 354.3 Million by 2027, exhibiting a CAGR of 5.1% during the forecast period between 2020-2027.

 
A welded metal bellows is a type of dynamic seal that is capable of providing great range of motion along with possessing zero leakage capability. They are manufactured from a sheet stock and consist of high nickel alloys, stainless steel, titanium, and other type of alloys to suit the particular application requirement from several industries. Bellows are further used extensively and consists of two flat boards that can either be a circular of pear shaped, which is hinged across one end and connected around the edges to form an airtight joint.

Product Innovation by the Companies to Promote Growth

In July 2019, MW Industries, Inc. announced its development of novel energy solutions to cater to the increasing energy demand from several sectors such as petrochemicals and oil & gas industries. According to the company, the energy solutions include electrodeposited bellows, energized seals, and heavy fasteners that can be utilized during serious environment.

List of the Companies Operating in the Market:
• KSM CO., LTD. (Gyeonggi-do, Republic of Korea)
• BOA Group (Karlsruhe, Germany)
• TECHNETICS GROUP. (Columbia, United States)
• AESSEAL (South Yorkshire, United Kingdom)
• Senior plc (Rickmansworth, United Kingdom)
• Metal-Flex Welded Bellows, Inc. (Vermont, Switzerland)
• Duraflex Inc. (Illinois, United States)
• Mirapro Co., Ltd. (Yamanashi Prefecture, Japan)
• Flex–A-Seal (Vermont, United States)
• Weldmac Manufacturing Co. (California, United States)
• Eagle Industry Co., Ltd. (Kanto Japan)
• Hyspan Precision Products, Inc. (California, United States)

KEY INDUSTRY DEVELOPMENTS:
June 2018–MW Industries, Inc. acquired Bellowstech, a U.S. manufacturer of edge welded metal bellows. MW Industries, Inc. offers fasteners, springs and critical components for aerospace applications. The company holds ISO9001 certified quality system for components.

March 2017–Flex-A-Seal acquired H&S Sealing to expand the product range of its costumed mechanical seals and welded bellows in the southern United States and throughout the country.

For more information in the analysis of this report, Visit: https://www.fortunebusinessinsights.com/welded-metal-bellows-market-103019
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Last Updated June 30, 2020