Pipe Joints Market Scope
Pipe joint is the connection at the end of the pipe which ensures the tight sealing and strength. It also provides rapid assembly and disassembly. Commonly, welded, flanged, threaded, and bell-and-spigot joints are used for general purpose metal pipes. The fittings are welded where there are bends, branches, or changes in diameter in the pipe line. Also, the flanged joints are used when a line must be disassembled and assembled frequently. It has two flanges that are gasket and fastening studs or bolts with nuts at the end of the pipe being connected.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Metline Industries (United States), Prochem (Australia), Anvil International (United States), Westbrook Manufacturing (United States), Capitol Manufacturing (United States), McWane (United States), Wellgrow Industries (Taiwan), WARD (United States), Rajendra Piping (India) and SEALEXCEL (India) |
CAGR | % |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Pipe Joints market throughout the predicted period.
Metline Industries (United States), Prochem (Australia), Anvil International (United States), Westbrook Manufacturing (United States), Capitol Manufacturing (United States), McWane (United States), Wellgrow Industries (Taiwan), WARD (United States), Rajendra Piping (India) and SEALEXCEL (India) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Ezeflow Group (Canada), Tube Turn India Pvt Ltd (India), Raccorderie Metalliche SpA (Italy), Pipelife International (Austria), J&J Alloys (United States), Pipelife Jet Stream Inc. (United States) and BSL Pipes & Fittings (France).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Pipe Joints market by Type , by Application (Chemical Industry, Petroleum Engineering, Electrical Power Project, Pharmaceutical Industry and Smelting Industry) and Region with country level break-up.
On the basis of geography, the market of Pipe Joints 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).
region held largest market share in the year 2021.
Pipe Joints Market Dynamics:
Attributes | Details |
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Trends Influencing Market | - Usage of Synthetic Materials for Piping to Overcome the Drawback of Aluminum and Copper Pipe
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Challenges | - Lockdown Imposed by the Government Due to COVID 19 is affecting the Manufacturing of Pipe Joints
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Market Opportunities | - Wide Range of Usage in Industries Such as Chemical, Petroleum, Electrical and Others
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Key Target Audience
Manufacturers, Raw material suppliers, Government associations, Research organizations and Others