Japan was the key market place for the growth of seismic rubber bearing and isolators market as this country is prone to earthquake. The seismic rubber bearing and isolators market in Asia is expected to grow faster in the forecast period and it will be driven by investment in countries such as India, Indonesia, and Brazil. The construction industry in Middle-East and China has a major growth trend and it drives the seismic rubber bearing and isolators market. Seismic Rubber Bearing and Isolators Market: Regional Outlook: However, use of steel bearings, low awareness amongst end-users in developing economies and relatively high initial cost may hamper the growth of the global seismic rubber bearing and isolators market during the forecast period. Growing number of national highway investments in developing economies in APEJ region will drive the seismic rubber bearing and isolators market. Growing metropolitan cities, expanding business units in developing economies, stringent government regulations are estimated to drive the global seismic rubber bearing and isolators market during the forecast period. The factors such as requirement of no maintenance, no replacement after an earthquake, and no corrosion, stick-slip, wear or aging effects have driven the seismic rubber bearing and isolators market. Installing seismic rubber bearing and isolators will enhance an existing structure’s strength and resistance to seismic forces. The seismic rubber bearing and isolators market depends upon the construction of new structures. Seismic Rubber Bearing and Isolators Market: Market Dynamics The seismic rubber bearing and isolators market is expected to continue its growth momentum in the forecast period globally. Installing a seismic rubber bearing and isolators in a building will enhance its horizontal flexibility at the isolation layer. It is a cost-effective method to meet performance-based design requirements for minimal or repairable damage. Seismic rubber bearing and isolators helps to minimize structural damage and save lives by protecting the building during any seismic event. The advancements in using corrosion prevention materials has enhanced the growth of seismic rubber bearing and isolators market. Seismic rubber bearing and isolators are primarily used in new constructions, or enhancing existing buildings’ strength and resistance to seismic forces. Seismic rubber bearing and isolators can reduce and limit the energy transferred from the ground to the upper structures, especially in the event of earthquake. Seismic Rubber Bearing and Isolators Market: Introduction
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