Fluid Couplings Market Size, Share, Trends, Growth 2032

Fluid Couplings Industry Prospective:

The global fluid couplings market size was evaluated at $71.52 billion in 2023 and is slated to hit $126.06 billion by the end of 2032 with a CAGR of nearly 6.5% between 2024 and 2032.

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Fluid Couplings Market: Growth Factors

The global fluid couplings market is likely to have prominent growth in the coming years and is expected to grow at a steady rate within the forecast period. There is enormous scope in the fluid couplings market owing to a variety of advantages, advance applications and growing demand in the market. Smooth power transmission, overload protection and high efficiency owing to low slip at rated duty are the superior advantages of fluid couplings that will significantly propel the market across the globe.

Fluid couplings have major applications in the oil and gas industry which is one of the major factors propelling the fluid couplings market. These couplings are primarily used in reciprocating pumps, crushers, feeders, belt conveyors, process pumps, compressors, diesel locomotives, boiler feed pumps and extruders which has created humongous demand for this market.

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Fluid Couplings Robot Market: Segmentation

The global fluid couplings market has been categorized on the basis of the type and end-use industry.

Based on the type, the fluid couplings market is segmented into constant-fill fluid couplings and variable speed fluid couplings. The constant-fill fluid couplings are usually utilized for start-up so as to limit the torque and torsional vibration in the drive chain. Variable speed fluid couplings are majorly utilized to monitor and control the speed of the driven machine and provide smooth acceleration under heavy belt loads.

Based on the application, the fluid couplings system is segmented into mining, chemicals and petrochemicals, cement, steel and metal processing, paper, paperboards, and packaging & labeling, and power generation.  In heavy industry, they are utilized in crushers, roller presses, mixers, large ventilators, boiler feed pumps, large compressors, centrifuges, etc. In addition, fluid couplings are used in automotive industries for the power transmission from the engine to the wheel as an alternative to the clutch.   

Fluid Couplings Market: Report Scope

Fluid Couplings Market: Regional Insights

The rise in demand for cement production owing to the development of the infrastructure is anticipated to be a crucial driver for the fluid couplings market. For instant, in the Asia Pacific region there is an increase in the demand for cement especially in India and China which will ultimately upsurge the fluid couplings market. The secondary factor that is boosting the demand for fluid couplings is due to the superior efficiency and maintenance flexibility.

The factor which might hinder the fluid couplings market is the availability of the substitute such as variable frequency drive, which may replace the fluid couplings in electric motors. Moreover, the cost incurred for the manufacturing of the fluid couplings is high as compared to the variable frequency drive.

Some of the leading players in the global market include

• ABB Ltd
• Siemens AG
• Voith GmbH
• Altra Industrial Motion
• Rexnord Corporation
• Fluidomat Limited
• Elecon Engineering Company Limited
• Transfluid S.p.A.
• VULKAN Group
• KTR Systems GmbH.

This report segments the global fluid couplings market as follows:

By Type Segment Analysis

• Constant-fill Fluid Couplings
• Variable Speed Fluid Couplings

By End-Use Segment Analysis

• Mining
• Chemicals and Petrochemicals
• Cement
• Steel and Metal processing
• Paper
• Paperboards
• Packaging & Labeling
• Power Generation

By Regional Segment Analysis

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa