|
Home | Search Global IT News:
|
|
|
|
|
IT News & Press Release Distribution:
|
|
|
(IT-NEWSWIRE.COM, August 18, 2018 ) The Global Pipe Wrenches Market is Valued at 670 million US$ in 2017 and will reach 850 million US$ by the end of 2025, growing at a CAGR of 3.0% during 2018-2025.
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.
First, as for the global Pipe Wrenches industry, the industry concentration rate is not high. The top 5 manufacturers have 41.32% sales revenue market share in 2016. The Stanley Black & Decker which has 12.68% market share in 2016, is the leader in the Pipe Wrenches industry. The manufacturers following Stanley Black & Decker are TTI Group and Apex Tool Group, which respectively has 8.18% and 7.37% market share globally.
Second, the global consumption of Pipe Wrenches products rises up from 9002 units in 2012 to 11486 units in 2016, with an average annual growth rate of 6.90%. At the same time, the revenue of world Pipe Wrenches sales market has a rise from 541.90 m dollars to 635.91 m dollars. The reason causes this increase is the growing demand for the Pipe Wrenches products, which is the result of the spurring needs of downstream customers.
Access this report at: https://www.themarketreports.com/report/global-pipe-wrenches-market-professional-survey-report-2018
Companies profiled in this report are Stanley, Ridgid, Tti Group, Apex Tool Group, Snap-On, Irwin, Reed, Stahlwille, Wiha Tools, Wheeler-Rex and more.
Analysis by Product Types, with production, revenue, price, market share and growth rate of each type, can be divided into
• Small Size (Length≤200 mm)
• Medium Size (200 mm Larger Size (Length≥800 mm)
Analysis by Applications, this report focuses on consumption, market share and growth rate of Pipe Wrenches in each application, can be divided into
• Petrochemical Pipeline
• Civil Pipeline
• Others
Purchase this premium research report at: https://www.themarketreports.com/report/buy-now/1145701
Table of Contents:
1 Industry Overview of Pipe Wrenches
2 Manufacturing Cost Structure Analysis of Pipe Wrenches
3 Technical Data and Manufacturing Plants Analysis of Pipe Wrenches
4 Global Pipe Wrenches Overall Market Overview
5 Pipe Wrenches Regional Market Analysis
6 Global 2013-2018E Pipe Wrenches Segment Market Analysis (by Type)
7 Global 2013-2018E Pipe Wrenches Segment Market Analysis (by Application)
8 Major Manufacturers Analysis of Pipe Wrenches
9 Development Trend of Analysis of Pipe Wrenches Market
10 Pipe Wrenches Marketing Type Analysis
11 Consumers Analysis of Pipe Wrenches
12 Conclusion of the Global Pipe Wrenches Market Professional Survey Report 2017
Inquire more about this report at: https://www.themarketreports.com/report/ask-your-query/1145701
The Market Reports
We aim to provide the best industry and market research report to a seeker. Today, ‘The Market Reports’ is a one stop destination for all the report buyers. We have a collection of over 700,000+ research, company, market, SWOT, trends and analysis reports of various countries, categories and domain to meet an organization need.
Website: https://www.themarketreports.com/
Write us at sales@themarketreports.com
The Market Reports
Shirish Gupta
+1-631-407-1315
web@themarketreports.com
Source: EmailWire.Com 
Source: EmailWire.com
|
|
|
|
|
Information Technology (IT) Advertisement
|
|
|
|
|
Information Technology Sponsors
|
|
|
|
|
