Market Overview:
The global chain pipe wrench market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for chain pipe wrenches in various applications, such as petrochemical pipelines, civil pipelines, and others. Additionally, the growing construction industry is also contributing to the growth of this market.
Product Definition:
Chain pipe wrenches are used to tighten or loosen pipes that have a chain around them. The chain wraps around the pipe and the wrench is then used to turn the pipe. This type of wrench is often used in construction or plumbing projects.
Pipe Capacity ≤100 mm:
The global pipe capacity ≤100 mm, it's usage and growth factor in chain pipe wrenches market size was valued at USD 5.0 billion in 2016. The increasing demand for the product from various end-use industries such as oil & gas, chemical processing, power generation and others is expected to drive the industry growth over the forecast period.
Pipe Capacity ≤200 mm:
The pipe capacity between 200 mm and 300 mm is used in chain pipe wrenches. It is a type of specialized tool that uses leverage to compress several inches of piping at the same time as others are being loosened up. The process can be repeated multiple times until all the piping connections are secure.
Application Insights:
Petrochemical pipeline application dominated the global chain pipe wrenches market, accounting for a share of 33.3% in 2017. The growth can be attributed to the increasing demand for petroleum products across the globe. Growing petrochemical industry in China, India and Japan is expected to remain a key driver for product demand over the forecast period.
Civil pipeline application segment is expected to witness significant growth over the forecast period owing to rising use of chain pipe wrenches in civil construction activities such as road construction and railway track maintenance across various regions including North America, Europe and Asia Pacific. Increasing government spending on infrastructure development along with growing urbanization are anticipated to boost civil pipeline installation globally over next few years thereby supporting product demand during this study period too.
The others segment includes oil & gas pipelines, power generation pipelines etc.
Regional Analysis:
Asia Pacific dominated the global chain pipe wrenches market in 2017. The growth is attributed to increasing demand for fuel and growing infrastructure activities in emerging economies such as China, India, and Japan. In addition, rising number of construction projects across these countries will drive the product demand further. For instance, according to Asian Development Bank (ADB), there are currently more than 60 major infrastructure projects worth USD X trillion under implementation or planning between 2016 and 2018 in Asia Pacific region which includes road networks expansion schemes (over 69 thousand kilometers), port development projects (over 23 thousand kilometers of coastline improvement) among others.
Growth Factors:
- Increasing demand from the construction and automotive industries
- Growing popularity of chain pipe wrenches in the United States and Europe
- Rising awareness about the benefits of using chain pipe wrenches among consumers
- Technological advancements in chain pipe wrench manufacturing process
- Growing number of online retail stores selling chain pipe wrenches
Scope Of The Report
Report Attributes
Report Details
Report Title
Chain Pipe Wrenches Market Research Report
By Type
Pipe Capacity ≤100 mm, Pipe Capacity ≤200 mm, Pipe Capacity ≤300 mm, Others
By Application
Petrochemical Pipeline, Civil Pipeline, Others
By Companies
RIDGID Tools, Wurth, Apex Tool Group, GEDORE Tool, Stanley Black＆Decker, SNAP-ON, ROTHENBERGER, SAM Outillage, Unior Group, Reed Manufacturing, Wheeler-Rex
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
167
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Chain Pipe Wrenches Market Report Segments:
The global Chain Pipe Wrenches market is segmented on the basis of:
Types
Pipe Capacity ≤100 mm, Pipe Capacity ≤200 mm, Pipe Capacity ≤300 mm, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Petrochemical Pipeline, Civil Pipeline, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- RIDGID Tools
- Wurth
- Apex Tool Group
- GEDORE Tool
- Stanley Black＆Decker
- SNAP-ON
- ROTHENBERGER
- SAM Outillage
- Unior Group
- Reed Manufacturing
- Wheeler-Rex
Highlights of The Chain Pipe Wrenches Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pipe Capacity ≤100 mm
- Pipe Capacity ≤200 mm
- Pipe Capacity ≤300 mm
- Others
- By Application:
- Petrochemical Pipeline
- Civil Pipeline
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Chain Pipe Wrenches Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Chain pipe wrenches are a type of wrench that is used to tighten or loosen the chain on a bicycle.
Some of the major players in the chain pipe wrenches market are RIDGID Tools, Wurth, Apex Tool Group, GEDORE Tool, Stanley Black＆Decker, SNAP-ON, ROTHENBERGER, SAM Outillage, Unior Group, Reed Manufacturing, Wheeler-Rex.
The chain pipe wrenches market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Chain Pipe Wrenches Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Chain Pipe Wrenches Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Chain Pipe Wrenches Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Chain Pipe Wrenches Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Chain Pipe Wrenches Market Size & Forecast, 2020-2028
4.5.1 Chain Pipe Wrenches Market Size and Y-o-Y Growth
4.5.2 Chain Pipe Wrenches Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Pipe Capacity ≤100 mm
5.2.2 Pipe Capacity ≤200 mm
5.2.3 Pipe Capacity ≤300 mm
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Petrochemical Pipeline
6.2.2 Civil Pipeline
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Chain Pipe Wrenches Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Chain Pipe Wrenches Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Pipe Capacity ≤100 mm
9.6.2 Pipe Capacity ≤200 mm
9.6.3 Pipe Capacity ≤300 mm
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Petrochemical Pipeline
9.10.2 Civil Pipeline
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Pipe Capacity ≤100 mm
10.6.2 Pipe Capacity ≤200 mm
10.6.3 Pipe Capacity ≤300 mm
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Petrochemical Pipeline
10.10.2 Civil Pipeline
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Pipe Capacity ≤100 mm
11.6.2 Pipe Capacity ≤200 mm
11.6.3 Pipe Capacity ≤300 mm
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Petrochemical Pipeline
11.10.2 Civil Pipeline
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Pipe Capacity ≤100 mm
12.6.2 Pipe Capacity ≤200 mm
12.6.3 Pipe Capacity ≤300 mm
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Petrochemical Pipeline
12.10.2 Civil Pipeline
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Pipe Capacity ≤100 mm
13.6.2 Pipe Capacity ≤200 mm
13.6.3 Pipe Capacity ≤300 mm
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Petrochemical Pipeline
13.10.2 Civil Pipeline
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Chain Pipe Wrenches Market: Competitive Dashboard
14.2 Global Chain Pipe Wrenches Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 RIDGID Tools
14.3.2 Wurth
14.3.3 Apex Tool Group
14.3.4 GEDORE Tool
14.3.5 Stanley Black＆Decker
14.3.6 SNAP-ON
14.3.7 ROTHENBERGER
14.3.8 SAM Outillage
14.3.9 Unior Group
14.3.10 Reed Manufacturing
14.3.11 Wheeler-Rex
