Market Overview:
The global seamless elbow market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for seamless elbows in various applications, such as ship pipelines, car tubing, and other pipelines. Additionally, the growing demand for oil & gas across the globe is also propelling the growth of this market. On the basis of type, the global seamless elbow market can be segmented into hot rolled seamless elbow and cold drawn seamless elbow.
Product Definition:
A seamless elbow is a curved or bent pipe fitting that allows two straight pipes to be joined at a 90-degree angle. It is made from one piece of metal, so there are no welds or seams that could weaken the structure.
Hot Rolled Seamless Elbow:
Hot rolled seamless elbow is a device used in the manufacturing of piping systems, tanks, and other containers. It offers several benefits such as low cost & weight and high flexibility which increases its demand among various industries. The growing construction industry across the globe is expected to drive market growth over the forecast period.
Cold Drawn Seamless Elbow:
The global cold drawn seamless elbow market size was valued at USD 1.8 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to rising demand for seamless elbows from various end-use industries such as automotive, oil & gas, aerospace & defense, and construction among others due to their superior strength and corrosion resistance properties.
Application Insights:
The global seamless elbow market has been segmented on the basis of application into ship pipeline, car tubing, other pipelines and others. Other pipelines include oil & gas, power generation and petrochemical plants among others. The demand for seamless elbows in other applications is expected to witness growth at a CAGR of XX% from 2018 to 2030 owing to their ability to reduce operational costs while increasing productivity over conventional elbows.
Seamless steel elbow is manufactured using hot rolled or cold drawn process depending upon the requirement of the customer which includes carbon steel or alloy steel material respectively as an input material for manufacturing these fittings with different types having various grades that suit specific requirements such as pressure resistance.
Regional Analysis:
Asia Pacific region dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing investments in oil & gas, petrochemicals, and other industries. In addition, rising demand for energy resources owing to growing population is anticipated to drive product demand over the forecast period.
The Europe market was valued at USD X million in 2017 and is projected to witness significant growth over the next eight years on account of increasing investments by various pipeline companies for constructing new pipelines as well as expansion projects of existing pipelines across countries such as Russia, Spain, France among others.
In North America seamless elbow market was valued at USD X million in 2016 and it is estimated that there will be a requirement for construction of around 1 billion dollars worth pipeline annually from 2018 till 2030 which will create a huge opportunity for manufacturers operating within this region.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 7.8% from 2016 to 2021. This is primarily owing to the increasing preference for minimally invasive procedures over traditional open surgery, which leads to shorter hospital stays, reduced pain and blood loss, and faster recovery times. Seamless elbow implants are ideally suited for use in minimally invasive surgeries as they do not require any additional incisions or suturing and can be easily inserted through small ports.
- Growing geriatric population: The global geriatric population is expected to grow at a CAGR of 8% from 2016 to 2021. This growing population segment is increasingly opting for surgical procedures as their health deteriorates with age, thereby driving the demand for seamless elbow implants worldwide.
- Rising incidence of elbow injuries: Elbow injuries are becoming increasingly common due to the increased participation in sports and recreational activities by people of all ages across the globe. According to a study published in The Journal of Bone & Joint Surgery in 2013, nearly 2 million Americans seek treatment annually for sports-related elbow injuries at an estimated cost of billion per year . Seamless elbows offer an effective solution for treating these injuries without compromising on functionality or aesthetics post-surgery .
Scope Of The Report
Report Attributes
Report Details
Report Title
Seamless Elbow Market Research Report
By Type
Hot Rolled Seamless Elbow, Cold Drawn Seamless Elbow
By Application
Ship Pipeline, Car Tubing, Other Pipelines
By Companies
Dixon Valve, Adamant Valves, Kaysen Steel Industry, Aventics GmbH, Eisele Pneumatics, Adaptaflex, Fritsche, Norgren, Pneuflex Pneumatic, Gerich GmbH, Geros, Hummel, Ortac
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Seamless Elbow Market Report Segments:
The global Seamless Elbow market is segmented on the basis of:
Types
Hot Rolled Seamless Elbow, Cold Drawn Seamless Elbow
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
Ship Pipeline, Car Tubing, Other Pipelines
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:
- Dixon Valve
- Adamant Valves
- Kaysen Steel Industry
- Aventics GmbH
- Eisele Pneumatics
- Adaptaflex
- Fritsche
- Norgren
- Pneuflex Pneumatic
- Gerich GmbH
- Geros
- Hummel
- Ortac
Highlights of The Seamless Elbow 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:
- Hot Rolled Seamless Elbow
- Cold Drawn Seamless Elbow
- By Application:
- Ship Pipeline
- Car Tubing
- Other Pipelines
- 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 Seamless Elbow 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
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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?
Seamless elbow is a surgical procedure that uses a special type of thread to connect the upper and lower arm bones. This allows the arms to move more freely and helps reduce pain.
Some of the key players operating in the seamless elbow market are Dixon Valve, Adamant Valves, Kaysen Steel Industry, Aventics GmbH, Eisele Pneumatics, Adaptaflex, Fritsche, Norgren, Pneuflex Pneumatic, Gerich GmbH, Geros, Hummel, Ortac.
The seamless elbow 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 Seamless Elbow 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 Seamless Elbow Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Seamless Elbow 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 Seamless Elbow 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 Seamless Elbow Market Size & Forecast, 2020-2028
4.5.1 Seamless Elbow Market Size and Y-o-Y Growth
4.5.2 Seamless Elbow 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 Hot Rolled Seamless Elbow
5.2.2 Cold Drawn Seamless Elbow
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 Ship Pipeline
6.2.2 Car Tubing
6.2.3 Other Pipelines
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Seamless Elbow 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 Seamless Elbow 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 Hot Rolled Seamless Elbow
9.6.2 Cold Drawn Seamless Elbow
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 Ship Pipeline
9.10.2 Car Tubing
9.10.3 Other Pipelines
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 Hot Rolled Seamless Elbow
10.6.2 Cold Drawn Seamless Elbow
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 Ship Pipeline
10.10.2 Car Tubing
10.10.3 Other Pipelines
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 Hot Rolled Seamless Elbow
11.6.2 Cold Drawn Seamless Elbow
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 Ship Pipeline
11.10.2 Car Tubing
11.10.3 Other Pipelines
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 Hot Rolled Seamless Elbow
12.6.2 Cold Drawn Seamless Elbow
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 Ship Pipeline
12.10.2 Car Tubing
12.10.3 Other Pipelines
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 Hot Rolled Seamless Elbow
13.6.2 Cold Drawn Seamless Elbow
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 Ship Pipeline
13.10.2 Car Tubing
13.10.3 Other Pipelines
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 Seamless Elbow Market: Competitive Dashboard
14.2 Global Seamless Elbow Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dixon Valve
14.3.2 Adamant Valves
14.3.3 Kaysen Steel Industry
14.3.4 Aventics GmbH
14.3.5 Eisele Pneumatics
14.3.6 Adaptaflex
14.3.7 Fritsche
14.3.8 Norgren
14.3.9 Pneuflex Pneumatic
14.3.10 Gerich GmbH
14.3.11 Geros
14.3.12 Hummel
14.3.13 Ortac
