Global Conversion Fitting Market Growth 2024-2030
A conversion fitting is a type of fitting that connects, redirects, and branches pipes of different types. Pipes are made of different materials, such as alloy steel pipe, stainless steel pipe, aluminum pipe, copper pipe, polyethylene pipe, and each material is used according to the type of fluid to be transported, the purpose of transport, and the environment surrounding the pipe. However, conversion fittings are used in situations such as when pipes of different materials are used inside and outside a building, or when different types of pipes are connected to existing pipes during renovation work, etc. In addition, there are situations where different types of threads are connected using the screw-in method, which is one of the connection methods of fittings. Fittings used in such situations are specifically referred to as screw conversion fittings.
The global Conversion Fitting market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Conversion Fitting Industry Forecast” looks at past sales and reviews total world Conversion Fitting sales in 2023, providing a comprehensive analysis by region and market sector of projected Conversion Fitting sales for 2024 through 2030. With Conversion Fitting sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Conversion Fitting industry.
This Insight Report provides a comprehensive analysis of the global Conversion Fitting landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Conversion Fitting portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Conversion Fitting market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Conversion Fitting and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Conversion Fitting.
United States market for Conversion Fitting is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Conversion Fitting is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Conversion Fitting is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Conversion Fitting players cover Hy-Lok USA, Inc., Power Drives, Inc., Scott Equipment Co., Inc., Nitto Metal Industry, Nihon Pisco, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Conversion Fitting market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Metal Conversion Fitting
Non-metal Conversion Fitting
Segmentation by Application:
Gas Transportation
Liquid Transportation
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Hy-Lok USA, Inc.
Power Drives, Inc.
Scott Equipment Co., Inc.
Nitto Metal Industry
Nihon Pisco
Fujikin
Parker Hannifin Corporation
Key Questions Addressed in this Report
What is the 10-year outlook for the global Conversion Fitting market?
What factors are driving Conversion Fitting market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Conversion Fitting market opportunities vary by end market size?
How does Conversion Fitting break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.