Market Overview:
The global square head plug market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for square head plugs in various applications, such as cast iron pipe, ceramic tube, and others. Carbon steel and stainless steel are the two major types of square head plugs available in the market. Among these two types, carbon steel is expected to dominate the global square head plug market during the forecast period owing to its low cost and high durability as compared to stainless steel.
Product Definition:
A square head plug is a type of fastener that has a square-shaped head on one end and a threaded shaft on the other. It is used to fasten two pieces of metal together. The square head plug is important because it provides a strong, secure connection between two pieces of metal.
Carbon Steel:
Carbon steel is one of the most common types of steel. It has a carbon content between 0.2 and 5 percent by weight, but it can be produced with different compositions ranging from low carbon (lower than 0.2%) to high carbon (5% or more). The demand for this product is expected to grow at a steady rate owing to its widespread use in construction, automotive and manufacturing industries across the globe.
Stainless Steel:
Stainless steel is a type of metal that has high corrosion resistance and is used in various industries including construction, automotive, consumer goods, chemical processing and architecture. It also has applications in aerospace engineering. The global stainless steel market size was valued at USD 23 billion in 2015 and it is expected to witness significant growth over the forecast period owing to its increasing demand from end-use industries such as construction & building and automotive industry.
Application Insights:
The ceramic tubes application segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to factors such as increasing construction activities in emerging economies on account of rapid urbanization, rising disposable income, and changing lifestyles.
Cast iron pipes was the second-largest application segment accounting for a revenue share of 17.1% in 2017 owing to its wide applications including water plumbing, oil & gas pipelines, chemical processing plants etcetera. Growing demand from various industries is expected to drive square head plug market growth over the coming years.
In North America; cast iron pipe was predominant followed by ceramic tubes due largely by their growing use across multiple end-use industries such as energy & power generation along with petrochemical plants which are primarily located within Central.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the major steel production countries, such as China, India, Japan and South Korea. These countries are also involved in massive expansion projects for setting up new steel plants across Asia Pacific. This will have a positive impact on industry growth over the next eight years.
The demand for square head plug was highest in Europe followed by North America owing to increased spending on construction sector coupled with growing need for energy infrastructure development across these regions.
Growth Factors:
- Increasing demand from the automotive industry for square head plugs
- Growing popularity of electric vehicles, which require more charging ports and sockets with square head plugs
- Rising demand for consumer electronics that use square head plugs for charging and powering devices
- Proliferation of smart homes and home automation systems, which need square head plugs to connect various devices
- Advances in plug-and-socket technology that make it easier to use square head plugs
Scope Of The Report
Report Attributes
Report Details
Report Title
Square Head Plug Market Research Report
By Type
Carbon Steel, Stainless Steel
By Application
Cast Iron Pipe, Ceramic Tube, Others
By Companies
Trupply, Dixon, Penn Machine, Boshart, Marcel Piping Projects Supply PVT. LTD., RED EARTH Steels Pvt. Ltd., Shanghai Longnai High Pressure Pipe Fitting Co., Ltd., Jiangyin Purui Pipe Fittings Co., Ltd., Cangzhou Mingyi Pipe Manufacturing Co., Ltd.
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
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Square Head Plug Market Report Segments:
The global Square Head Plug market is segmented on the basis of:
Types
Carbon Steel, Stainless Steel
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
Cast Iron Pipe, Ceramic Tube, 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:
- Trupply
- Dixon
- Penn Machine
- Boshart
- Marcel Piping Projects Supply PVT. LTD.
- RED EARTH Steels Pvt. Ltd.
- Shanghai Longnai High Pressure Pipe Fitting Co., Ltd.
- Jiangyin Purui Pipe Fittings Co., Ltd.
- Cangzhou Mingyi Pipe Manufacturing Co., Ltd.
Highlights of The Square Head Plug 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:
- Carbon Steel
- Stainless Steel
- By Application:
- Cast Iron Pipe
- Ceramic Tube
- 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 Square Head Plug 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A Square Head Plug is a type of electrical connector that has a square head on one end and a round body on the other. It is most commonly used to connect two wires together, but can also be used for other purposes.
Some of the key players operating in the square head plug market are Trupply, Dixon, Penn Machine, Boshart, Marcel Piping Projects Supply PVT. LTD., RED EARTH Steels Pvt. Ltd., Shanghai Longnai High Pressure Pipe Fitting Co., Ltd., Jiangyin Purui Pipe Fittings Co., Ltd., Cangzhou Mingyi Pipe Manufacturing Co., Ltd..
The square head plug 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 Square Head Plug 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 Square Head Plug Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Square Head Plug 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 Square Head Plug 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 Square Head Plug Market Size & Forecast, 2020-2028 4.5.1 Square Head Plug Market Size and Y-o-Y Growth 4.5.2 Square Head Plug 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 Carbon Steel
5.2.2 Stainless Steel
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 Cast Iron Pipe
6.2.2 Ceramic Tube
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Square Head Plug 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 Square Head Plug 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 Carbon Steel
9.6.2 Stainless Steel
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 Cast Iron Pipe
9.10.2 Ceramic Tube
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 Carbon Steel
10.6.2 Stainless Steel
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 Cast Iron Pipe
10.10.2 Ceramic Tube
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 Carbon Steel
11.6.2 Stainless Steel
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 Cast Iron Pipe
11.10.2 Ceramic Tube
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 Carbon Steel
12.6.2 Stainless Steel
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 Cast Iron Pipe
12.10.2 Ceramic Tube
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 Carbon Steel
13.6.2 Stainless Steel
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 Cast Iron Pipe
13.10.2 Ceramic Tube
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 Square Head Plug Market: Competitive Dashboard
14.2 Global Square Head Plug Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Trupply
14.3.2 Dixon
14.3.3 Penn Machine
14.3.4 Boshart
14.3.5 Marcel Piping Projects Supply PVT. LTD.
14.3.6 RED EARTH Steels Pvt. Ltd.
14.3.7 Shanghai Longnai High Pressure Pipe Fitting Co., Ltd.
14.3.8 Jiangyin Purui Pipe Fittings Co., Ltd.
14.3.9 Cangzhou Mingyi Pipe Manufacturing Co., Ltd.