Global Pipe Hangers & Supports Market Growth 2023-2029
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.
LPI (LP Information)' newest research report, the “Pipe Hangers & Supports Industry Forecast” looks at past sales and reviews total world Pipe Hangers & Supports sales in 2022, providing a comprehensive analysis by region and market sector of projected Pipe Hangers & Supports sales for 2023 through 2029. With Pipe Hangers & Supports sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Pipe Hangers & Supports industry.
This Insight Report provides a comprehensive analysis of the global Pipe Hangers & Supports 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 Pipe Hangers & Supports portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Pipe Hangers & Supports market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Pipe Hangers & Supports 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 Pipe Hangers & Supports.
The global Pipe Hangers & Supports market size is projected to grow from US$ 1435.1 million in 2022 to US$ 1961.4 million in 2029; it is expected to grow at a CAGR of 1961.4 from 2023 to 2029.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Pipe Hangers & Supports market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Pipe Hangers
Pipe Supports
Segmentation by application
Industrial Applications
Commercial Applications
Residential Applications
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 analyzing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Pipe Hangers & Supports market?
What factors are driving Pipe Hangers & Supports market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Pipe Hangers & Supports market opportunities vary by end market size?
How does Pipe Hangers & Supports break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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