Global Mandrel Bars Market Overview:
Mandrel bar plays a crucial role in producing large diameter seamless tubes in modern industries. In the production line, it has to bare strong and complicate stretch, compressing touching stress and high-temperature cold-hot yield stress under high-speed cycling. To reduce these stresses lubricants are used, this stably produces a seamless steel pipe of high quality, while preventing seizing marks and internal flaws. Lubricants are intended to reduce the frictional resistance between the metal and the tool to reduce the amount of tool wear. Some of the key players profiled in the study are AMK Metallurgical Machinery Group Co., Ltd. (China), Sonak Surface Technologies Pvt Ltd (India), S.K. International (India), Jining Darren Trade Co., Ltd. (China), API Engineering Ltd. (United Kingdom), Aubert & Duval (France), Cogne Acciai Speciali (Italy), China South Industries Group Corporation (China), Schmolz+Bickenbach (Germany) and BAR Products and Services Limited (England).
On the basis of geography, the market of Mandrel Bars has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online Stores will boost the Mandrel Bars market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Construction Industry
- Increase Demand of Machinery’s In Oil and Gas Industry
Market Trend
- Increase Demand in Machines
Challenges
Players focus on providing customized solutions to customers in order to remain competitive. Office furniture market seeing more number of niche players coming up rather than traditional players. To provide the best services to the customers, companies are spending more on marketing strategies. Key Vendors Operating In the Global Market Are Also Acquiring Start-Ups.
Target Audience:
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Mandrel Bars Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
Major Objectives Focused through this Study
To define, describe, and forecast the Global Mandrel Bars market on the basis of product [Less than and equal to 200mm and Greater than 200mm] , application [Piercing, Controlling Inner Diameter and Control WT (Wall Thickness)], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Mandrel Bars market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Mandrel Bars industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are Henan Zhongyuan Roller Shaft Co., Ltd. (China) and InterCast GmbH (Germany).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Mandrel Bars market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.