Global Pipe Wrenches Market Growth 2023-2029

Global Pipe Wrenches Market Growth 2023-2029

The pipe wrench (US), Stillson wrench or Stillsons (UK) is an adjustable wrench used for turning soft iron pipes and fittings with a rounded surface. The design of the adjustable jaw allows it to lock in the frame, such that any forward pressure on the handle tends to pull the jaws tighter together. Teeth angled in the direction of turn dig into the soft pipe. They are not intended for use on hardened steel hex nuts or other fittings because they would ruin the head; however, if a hex nut is soft enough that it becomes rounded beyond use with standard wrenches, a pipe wrench is sometimes used to break the bolt or nut free. Pipe wrenches are usually sold in the following sizes (by length of handle): 10, 12, 14, 18, 24, 36, and 48 inches, although smaller and larger sizes are available as well. They are usually made of cast steel. Today, aluminum is also used to construct the body of the wrench, while the teeth and jaw remain steel. Teeth, and jaw kits (which also contain adjustment rings and springs) can be bought to repair broken wrenches, as this is cheaper than buying a new wrench.

LPI (LP Information)' newest research report, the “Pipe Wrenches Industry Forecast” looks at past sales and reviews total world Pipe Wrenches sales in 2022, providing a comprehensive analysis by region and market sector of projected Pipe Wrenches sales for 2023 through 2029. With Pipe Wrenches sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Pipe Wrenches industry.

This Insight Report provides a comprehensive analysis of the global Pipe Wrenches 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 Wrenches portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Pipe Wrenches market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Pipe Wrenches 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 Wrenches.

The global Pipe Wrenches market size is projected to grow from US$ 743.8 million in 2022 to US$ 921.7 million in 2029; it is expected to grow at a CAGR of 921.7 from 2023 to 2029.

North America is the largest producer of Pipe Wrenches, with a market share more than 35%, followed by Europe and China, etc. Stanley Black & Decker, RIDGID, TTI Group, Apex Tool Group and SNAP-ON are the top 5 manufacturers of industry, and they had more than 40% combined market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Pipe Wrenches market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Small Size (Length≤200 mm)

Medium Size (200 mm below Length≤800 mm)

Larger Size (Length above 800 mm)

Segmentation by application

Petrochemical Pipeline

Civil Pipeline

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.

Stanley

RIDGID

TTI Group

Apex Tool Group

SNAP-ON

Irwin

REED

Stahlwille

Wiha Tools

Wheeler-Rex

Key Questions Addressed in this Report

What is the 10-year outlook for the global Pipe Wrenches market?

What factors are driving Pipe Wrenches market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Pipe Wrenches market opportunities vary by end market size?

How does Pipe Wrenches 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.