The global Pipe Hangers & Supports market was valued at US$ 1256.9 million in 2020 and it is expected to reach US$ 1896.2 million by the end of 2027, growing at a CAGR of 4.4% during 2021-2027.
The Pipe Hangers & Supports market covers Pipe Hangers, Pipe Supports, etc. The typical players include Hill & Smith Holdings, Eaton (B-Line),Anvil International, Globe Pipe Hanger Products, LISEGA SE, LISEGA SE, etc.
Pipe Hanger & Support is a designed element that transfer the load from a pipe to the supporting structures. The load includes the weight of the pipe proper, the content that the pipe carries, all the pipe fittings attached to pipe, and the pipe covering such as insulation. The four main functions of a pipe support are to anchor, guide, absorb shock, and support a specified load. Pipe supports used in high or low temperature applications may contain insulation materials. The overall design configuration of a pipe support assembly is dependent on the loading and operating conditions.
Global Pipe Hangers & Supports key players include Hill & Smith Holdings, Piping Technology & Products (PTP), Eaton (B-Line), Anvil International, Globe Pipe Hanger Products, etc. Global top five manufacturers hold a share over 15%.
Asia-Pacific is the largest market, with a share about 35%, followed by Americas and Europe, both have a share about 60 percent.
In terms of product, Pipe Hangers is the largest segment, with a share about 80%. And in terms of application, the largest application is Industrial Applications, followed by Commercial Applications.
Global Pipe Hangers & Supports Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Pipe Hangers & Supports Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Hill & Smith Holdings, Eaton (B-Line), Anvil International, Globe Pipe Hanger Products, LISEGA SE, Kinetics Noise Control, Piping Technology & Products (PTP), Rilco Manufacturing Company, PHD Manufacturing, Witzenmann, National Pipe Hanger Corporation, Gripple, Sunpower Group, Empire Industries, Taylor Associates, Saketh Exim (Tembo Global Industries Ltd.), Tembo Global Industries and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Pipe Hangers
- Pipe Supports
Segment by Application
- Industrial Applications
- Commercial Applications
- Residential Applications
Table of Content:
1 Pipe Hangers & Supports Market Overview
2 Pipe Hangers & Supports Market Competition by Manufacturers
3 Pipe Hangers & Supports Retrospective Market Scenario by Region
4 Global Pipe Hangers & Supports Historic Market Analysis by Type
5 Global Pipe Hangers & Supports Historic Market Analysis by Application
6 Key Companies Profiled
7 Pipe Hangers & Supports Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Pipe Hangers & Supports Market Dynamics
10 Global Pipe Hangers & Supports Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta