Pipe Clamp Market: Market Overview
A pipe clamp is a type of clamp often used in piping structure for various end use verticals. Pipe clamps are suitable for the fixing of light, medium-weight and heavy pipelines made from different materials. The capacity of the clamp is determined by the length of the pipe used. When referring to piping, pipe clamps are used to connect the pipe to the pipe hanger assembly. Furthermore, pipe clams are also used pipe clamping also helps to achieve damping vibration along with the providing supports to the loosening of joints and welds. The high impact forces encountered in various end use verticals are damped by using pipe clams and cannot be transmitted. In addition, the right choice of pipe clamp material can also prevent loosening of joints and consequent leakage in the piping structure or system.
Owing to the use of pipe clamps in various piping application the global market for pipe clams is foreseen to grow by witnessing significant growth over the course of forecast duration. However, expected near term latency in the end use verticals due to the financial impacts of the global pandemic of COVID-19 to the worldwide business is set to hamper the growth of the pipe clam market in near term forecast.
COVID-19’s Impact on the Global Pipe Clamp Market
The global outbreak of the novel coronavirus has impacted drastically on the business economy of the world. Most of the leading economies are witnessing a downfall due to stagnancy in the businesses amid imposition of nationwide lockdowns to battle with the pandemic. This is having an exponential effect on the demand and supply side and hitting the players operating in the global pipe clamp market. The COVID-19 outbreak has put the global supply chains at risk which may further cause sluggish growth in the global pipe clamp market in near future.
Pipe Clamp Market: Market Segmentation
For a better understanding, global pipe clamp market can be segmented on the basis of product, end use industry & Region.
Based on the product, the Pipe Clamp market can be segmented as:
- Rigid Clamps
- U-Bolt Clamps
- Flat Cushion Clamps
- Oval Clamps
- U-Bolt with Cushion Clamps
- P Style Clamps
- Swivel Bolt Clamps
Based on the end use industry, the pipe clamp market can be segmented as:
- Oil and Gas
- On Shore
- Off Shore
- Water Distribution
Based on the region, the Pipe Clamp market can be segmented as:
- North America
- Latin America
- East Asia
- South Asia & Oceania
- Middle East & Africa (MEA)
Collectively, East & South Asia to Account for Considerable Share of the Global Pipe Clamp Market
Developing countries in Asia Pacific region such as China, India and ASEAN Countries are poised to lead the region to dominate the global pipe clamp market with majority revenue share. This is attributed to significant growth chemical industry coupled with the growing need for water distribution in the region which has created demand for pipe clamp. Also, China and ASEAN Countries have become manufacturing hub of the world which has created considerable demand for the pipes and pipe clamps in the region. High degree of exports operations from the region has given significant forward lunge to the goods transportation industry which has created substantial demand for pipe clamps. Furthermore, ever growing population in East & South Asian countries, increasing, rapid urbanization & industrialization coupled with focus towards changing the aging water infrastructure are the factors indirectly reinforcing the demand for pipe clamp in the global market.
The Pipe Clamp Market Competitive Landscape
The global pipe clamp market is highly fragmented in nature. Some of the players in operating in the global pipe clamp market are Rilco, Wilhelm Ungeheuer Söhne GmbH, BPC Engineering, STAUFF, MÜPRO Services GmbH, Piping Technology & Products, Lian Seng Hardware, Rohrbefestigungen Hammerschmid GmbH, Metalac Sever, ZER KELEPCE IMALAT VE TICARET LTD.STI., Walraven, UGURFIX, Wenzhou Lisin Technology and others.
The research report presents a comprehensive assessment of the Pipe Clamp market and contains deep insights, facts, historical and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to Pipe Clamp market segments such as by Pipe Clamp unit, power source, end use & region.
The Pipe Clamp Market report covers exhaustive analysis on:
- Pipe Clamp Market Segments
- Pipe Clamp Market Dynamics
- Pipe Clamp Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
Regional analysis for Pipe Clamp Market includes:
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of Latin America)
- Europe (EU-4, BENELUX, Nordic, U.K., Eastern Europe, Rest of Europe)
- East Asia (China, Japan & South Korea)
- South Asia (India, Malaysia, Thailand, Indonesia & rest of South Asia)
- Oceania (Australia & New Zealand)
- Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa, Rest of MEA)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on Pipe Clamp market segments and geographies.
- Detailed overview of parent market
- Changing Pipe Clamp market dynamics in the industry
- In-depth Pipe Clamp market segmentation
- Historical, current and projected Pipe Clamp market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key Pipe Clamp players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on Pipe Clamp market performance
- Must-have information for Pipe Clamp market players to sustain and enhance their market footprint.
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company
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