Global Hex Nipple Market Growth 2024-2030
A hex nipple is a type of threaded pipe fitting featuring a hexagonal center, facilitating the use of a wrench for tightening, with male threads on both ends. This fitting is commonly utilized in general piping systems for water, oil, steam, air, and gas, enabling the connection of pipe fittings and equipment with male threads. The term "nipple" is defined as a pipe fitting with male threads cut at both ends of a straight shaft.
The center portion of a nipple does not have to be strictly hexagonal. For nominal diameters larger than 3/4B (20A), both hexagonal and octagonal shapes are acceptable.
The global Hex Nipple 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 “Hex Nipple Industry Forecast” looks at past sales and reviews total world Hex Nipple sales in 2023, providing a comprehensive analysis by region and market sector of projected Hex Nipple sales for 2024 through 2030. With Hex Nipple sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hex Nipple industry.
This Insight Report provides a comprehensive analysis of the global Hex Nipple 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 Hex Nipple portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Hex Nipple market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hex Nipple 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 Hex Nipple.
United States market for Hex Nipple 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 Hex Nipple 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 Hex Nipple is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Hex Nipple players cover MicroStrain, Detroit Nipple Works, Inc., Industrial Specialties Mfg., Inc., Sanitary Fittings, LLC, SAMOA Industrial, S.A., 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 Hex Nipple market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Same-diameter Hex Nipple
Different Diameter Hex Nipple
Segmentation by Application:
Industrial
Construction
Others
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.
MicroStrain
Detroit Nipple Works, Inc.
Industrial Specialties Mfg., Inc.
Sanitary Fittings, LLC
SAMOA Industrial, S.A.
Gimatic Srl
Nextgen Steel & Alloys
SANVO
Savoy piping Inc.
Excel Metal & Engg. Industries
Payal Engineering
Rishabh Steel Industries
Skyland Metal & Alloys Inc
Hi-Tech Engineering Company
Tectran Manufacturing Inc
CEJN Industrial Corporation
Mahadev Brass Industries
Amardeep Steel Centre
Marcel Piping Projects Supply PVT LTD
K. K. Industries
Metallica
Key Questions Addressed in this Report
What is the 10-year outlook for the global Hex Nipple market?
What factors are driving Hex Nipple market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hex Nipple market opportunities vary by end market size?
How does Hex Nipple break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.