What is Tubing Connections Market?
Tubing connections are fittings used for connecting tubes and controls the fluid flow in the tubes. These connections offer a leak-proof, torque-free solution to the tubing systems. Tubing connections are used for process, power & Instrumentations applications. These fittings are manufactured to the high test quality standards & available in a large of sizes, materials, and configurations by the various manufacturers. The rising manufacturing industry across the globe is propelling the growth of the global tubing connection market.
Highlights from Tubing Connections Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Thermo Fisher Scientific (United States), Eaton (Ireland), Parker-Hannifin Corporation (United States), Walter Bethke GmbH & Co. KG (Germany), Essentra Components (United States), Swagelok (United States), Festo Hungary (Hungary), Thomas Scientific (United States), Value Plastics Inc (United States) and Buhlmann Rohr-Fittings-Stahlhandel GmbH (Germany) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.The Manufacturers having a strong hold in the market are Thermo Fisher Scientific, Eaton, Parker-Hannifin Corporation, and Walter Bethke GmbH & Co. KG. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Tubing Connections market throughout the forecasted period.
Thermo Fisher Scientific (United States), Eaton (Ireland), Parker-Hannifin Corporation (United States), Walter Bethke GmbH & Co. KG (Germany), Essentra Components (United States), Swagelok (United States), Festo Hungary (Hungary), Thomas Scientific (United States), Value Plastics Inc (United States) and Buhlmann Rohr-Fittings-Stahlhandel GmbH (Germany) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are NIBCO Inc (United States), LASCO Fittings Inc (United States), Legend Valve & Fitting Inc (United States) and AVI International (India). Tubing Connections Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Climate Control, Electromechanical, Filtration, Fluid and Gas Handling, Process Control, Sealing and Shielding and Others |
Type | Low Pressure Connections, Medium Pressure Connections and High Pressure Connections |
Components | Coned and Threaded Nipples,Instrument Quality Gauges,Valves,Male/Female Adapters,Couplings,Manifolds and Relief Valves,Others |
End Use Verticals | Manufacturing,Oil and Gas,Power,Food and Beverage,Chemicals,Medical and Pharmaceutical Industries,Others |
Size | 1/4 inch-1 Inch,1 inch-2 Inch,2 inch-3 Inch,3 inch-10 Inch,Others |
Material | Metal (Carbon and Galvanized Steel, Carbon Steel, Stainless steel, Malleable Iron),Non-ferrous Metals (Aluminum, Brass, Copper, Inconel, Incoloy, and Cupronickel),Non-metallic (ABS, FRP, PVC, and HDPE),Others |
On the basis of geography, the market of Tubing Connections 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Demand for PE and PE Pipe System
Market Growth Drivers:
Growth in Construction Infrastructure Globally and Rise in Population and Urbanization in Developing Region
Challenges:
Shortage of Skilled Workforce in the Construction Industry
Restraints:
Fluctuating Raw Material Prices and Intense Competition among the Competitors
Opportunities:
Increasing New Construction Projects in the Developing Economies and Growing Focus on Reducing Environmental Impacts of Construction Activities
Key Target Audience
Tubing Connections Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other
On 2nd April 2019, Swagelok has announced the release of a new low-temperature seal option. The new seal, a product expansion for the company’s RHPS Series pressure regulators line, is designed to maintain a strong seal in cold climates and applications where significant cooling occurs due to high pressure drop.