MRO Components, Consumables & Tooling · Indirect
Monitoring · monthlyProcurement Category Intelligence
Couplings - Flexible
Overview
Market size
$6 billion
global, USD
CAGR
4.7%
base to forecast
Buyer power
-2.0
supplier-favoured
Suppliers
6
tracked players
Signals
12
4 high severity
Market outlook
2031$7.5B
Demand by region
Asia Pacific demand41%
North America demand26%
Europe demand21%
Latin America demand6%
Rest of world demand6%
Cost drivers
Raw Materials (Carbon & Stainless Steel)38%
Specialty Alloys & Composites14%
Direct Labor & Manufacturing28%
Logistics & Freight11%
Energy & Overhead9%