Metal flexible joints are essential components in industrial piping systems, contributing to safety, stability, and operational efficiency in construction, HVAC, automotive, chemical, oil & gas, food processing, energy, and fire protection projects. This market is experiencing robust growth at a rate of 8–10% per year, with the 2024 market size estimated at over VND 1,500 billion. The market is expected to continue expanding, driven by industrialization, urbanization, and increased FDI.

Key Application Sectors

• Construction & Infrastructure: Installed in water supply and drainage systems, fire protection, gas pipelines, and hot/cold water lines in residential, industrial, urban, factory, and commercial projects.
• HVAC: Reduces vibration and noise, protects equipment in air conditioning and ventilation systems in high-rise buildings, clean rooms, and factories.
• Automotive & Supporting Industries: Critical components in exhaust systems, vibration dampening, fuel lines, and engine cooling for cars, trucks, ships, and generators.
• Chemicals, Oil & Gas, Energy: Meets requirements for corrosion, temperature, and high-pressure resistance in chemical plants, refineries, and power plants.
• Food, Pharmaceuticals, Shipbuilding, Wastewater Treatment: Ensures continuous, safe, and durable operation in demanding environments.

Leading Manufacturers and Distributors

Vietnam’s market features participation from large, medium, and small enterprises, including:

• NFK: Manufactures flexible joints and expansion joints using Japanese technology, meeting international standards.
• Megaflexon: Flexible joints and expansion joints, Korean brand.
• Tecofi: Flexible joints, French brand.
• Macoga: Flexible joints and expansion joints, Spanish brand.

These companies continuously invest in modern production lines, applying CNC technology, laser welding, non-destructive testing, and automation to enhance quality, optimize costs, and meet stringent technical standards.

Market Expansion Potential

• Domestic: Stable growth in demand thanks to infrastructure development, urbanization, industrialization, government support for supporting industries, tax incentives, and the growth of SMEs.
• Export: Opportunities to expand into ASEAN, Asia, and Europe, leveraging free trade agreements and preferential tariffs. Domestic products can compete in the mid-range segment and medium-sized projects where fast delivery and good after-sales service are required.