Global Pipe Wrenches Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 to 2025

Global Pipe Wrenches Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 to 2025

This report presents the worldwide Pipe Wrenches market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.

This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.

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.

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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.

Third, as for the Pipe Wrenches market, it will still show optimistic trend, and technological trends in the market will stay stable.

The Pipe Wrenches market was valued at 670 Million US$ in 2017 and is projected to reach 850 Million US$ by 2025, at a CAGR of 3.0% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Pipe Wrenches.

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The following manufacturers are covered in this report:

Stanley

RIDGID

TTI Group

Apex Tool Group

SNAP-ON

Irwin

REED

Stahlwille

Wiha Tools

Wheeler-Rex

 

Pipe Wrenches Breakdown Data by Type

Small Size (Length?200 mm)

Medium Size (200 mm

Larger Size (Length?800 mm)

 

Pipe Wrenches Breakdown Data by Application

Petrochemical Pipeline

Civil Pipeline

Others

 

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Some Points From Table of Content:

Chapter One: Study Coverage

Chapter Two: Executive Summary

Chapter Three: Market Size by Manufacturers

Chapter Four: Pipe Wrenches Production by Regions

Chapter Five: Pipe Wrenches Consumption by Regions

Chapter Six: Market Size by Type

Continued…

 

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