Market Overview:
The global pipe wrenches 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 pipe wrenches in various applications, such as petrochemical pipelines, civil pipelines, and others. In terms of type, the small size (length?200 mm) segment is expected to grow at a higher CAGR than other segments during the forecast period. This can be attributed to the growing demand for small-sized pipe wrenches in various applications across different regions.
Product Definition:
A pipe wrench is a tool used to tighten or loosen pipes. It has two jaws, one fixed and the other adjustable, that grip the pipe. Pipe wrenches are often used in plumbing to tighten or loosen fittings such as couplings, valves, and flanges.
Small Size (Length?200 mm):
Small size (length?200 mm) is used for pipe wrenches that are intended to be used in tight spaces where a standard size (length?300-350 mm) cannot be employed. Smaller sized wrenches are easier to handle and less bulky, which makes them more appropriate for use in confined places such as chimneys, radiators or even between the wall tiles.
Medium Size (200 mm
The medium-size segment is expected to grow at a CAGR of XX% from 2018 to 2025 owing to the increasing demand for 200 mm length wrenches in the market. The growth can be attributed to factors such as their ability of application in pipe fittings and structural maintenance work, among others.
Medium size wrenches are used for fitting pipes or other metal parts with cross-sectional sizes ranging from 20 mm up to 400 mm.
Application Insights:
Petrochemical pipeline was the dominant application segment in 2017 and accounted for a revenue share of more than 40%. The growth can be attributed to increasing demand for petroleum products across the globe. Moreover, growing investments in refining and processing are expected to augment the product demand over the forecast period.
Civil pipe is likely to be one of the fastest-growing application segments owing to rising infrastructure spending globally. Furthermore, favorable government policies regarding energy conservation are anticipated to boost pipeline installation projects over the coming years, thereby driving segment growth further.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to increasing demand for oil and gas from various end-use industries, such as manufacturing and electricity generation. In addition, growing exploration activities are anticipated to drive product demand in North America over the coming years.
Asia Pacific is projected to be one of the fastest-growing regions during the same period owing to rapid industrialization along with supportive government policies aimed at promoting investments in energy infrastructure projects such as pipelines.
Growth Factors:
- Increasing demand from the construction and engineering sectors for pipe wrenches as a result of the growth in these industries.
- The increasing popularity of DIY projects, which has led to an increase in home improvement and repair activities, is also driving demand for pipe wrenches.
- Rapid urbanization across emerging economies is resulting in an increase in the number of infrastructure projects, which is also fueling demand for pipe wrenches.
- Growing awareness about the benefits of using pipe wrenches over traditional tools such as hammers and screwdrivers is aiding market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Pipe Wrenches Market Research Report
By Type
Small Size (Length?200 mm), Medium Size (200 mm
By Application
Petrochemical Pipeline, Civil Pipeline, Others
By Companies
Stanley, RIDGID, TTI Group, Apex Tool Group, SNAP-ON, Irwin, REED, Stahlwille, Wiha Tools, 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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Pipe Wrenches Market Report Segments:
The global Pipe Wrenches market is segmented on the basis of:
Types
Small Size (Length?200 mm), Medium Size (200 mmThe 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:
- Stanley
- RIDGID
- TTI Group
- Apex Tool Group
- SNAP-ON
- Irwin
- REED
- Stahlwille
- Wiha Tools
- Wheeler-Rex
Highlights of The 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:
- Small Size (Length?200 mm)
- Medium Size (200 mm
- Larger Size (LengthMore than or euqal to800 mm)
- 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 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
- 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?
Pipe wrenches are a type of hand tool used to tighten or loosen fittings on pipes. They have a variety of shapes and sizes, and can be made from various materials, including metal, plastic, or wood.
Some of the major players in the pipe wrenches market are Stanley, RIDGID, TTI Group, Apex Tool Group, SNAP-ON, Irwin, REED, Stahlwille, Wiha Tools, Wheeler-Rex.
The pipe wrenches market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Pipe Wrenches Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Pipe Wrenches Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Pipe Wrenches Market - Supply Chain
4.5. Global Pipe Wrenches Market Forecast
4.5.1. Pipe Wrenches Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Pipe Wrenches Market Size (000 Units) and Y-o-Y Growth
4.5.3. Pipe Wrenches Market Absolute $ Opportunity
5. Global Pipe Wrenches Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Pipe Wrenches Market Size and Volume Forecast by Type
5.3.1. Small Size (Length?200 mm)
5.3.2. Medium Size (200 mm
5.3.3. Larger Size (LengthMore than or euqal to800 mm)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Pipe Wrenches Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Pipe Wrenches Market Size and Volume Forecast by Application
6.3.1. Petrochemical Pipeline
6.3.2. Civil Pipeline
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Pipe Wrenches Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Pipe Wrenches Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Pipe Wrenches Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Pipe Wrenches Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Pipe Wrenches Demand Share Forecast, 2019-2026
9. North America Pipe Wrenches Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Pipe Wrenches Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Pipe Wrenches Market Size and Volume Forecast by Application
9.4.1. Petrochemical Pipeline
9.4.2. Civil Pipeline
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Pipe Wrenches Market Size and Volume Forecast by Type
9.7.1. Small Size (Length?200 mm)
9.7.2. Medium Size (200 mm
9.7.3. Larger Size (LengthMore than or euqal to800 mm)
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Pipe Wrenches Demand Share Forecast, 2019-2026
10. Latin America Pipe Wrenches Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Pipe Wrenches Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Pipe Wrenches Market Size and Volume Forecast by Application
10.4.1. Petrochemical Pipeline
10.4.2. Civil Pipeline
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Pipe Wrenches Market Size and Volume Forecast by Type
10.7.1. Small Size (Length?200 mm)
10.7.2. Medium Size (200 mm
10.7.3. Larger Size (LengthMore than or euqal to800 mm)
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Pipe Wrenches Demand Share Forecast, 2019-2026
11. Europe Pipe Wrenches Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Pipe Wrenches Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Pipe Wrenches Market Size and Volume Forecast by Application
11.4.1. Petrochemical Pipeline
11.4.2. Civil Pipeline
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Pipe Wrenches Market Size and Volume Forecast by Type
11.7.1. Small Size (Length?200 mm)
11.7.2. Medium Size (200 mm
11.7.3. Larger Size (LengthMore than or euqal to800 mm)
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Pipe Wrenches Demand Share, 2019-2026
12. Asia Pacific Pipe Wrenches Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Pipe Wrenches Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Pipe Wrenches Market Size and Volume Forecast by Application
12.4.1. Petrochemical Pipeline
12.4.2. Civil Pipeline
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Pipe Wrenches Market Size and Volume Forecast by Type
12.7.1. Small Size (Length?200 mm)
12.7.2. Medium Size (200 mm
12.7.3. Larger Size (LengthMore than or euqal to800 mm)
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Pipe Wrenches Demand Share, 2019-2026
13. Middle East & Africa Pipe Wrenches Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Pipe Wrenches Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Pipe Wrenches Market Size and Volume Forecast by Application
13.4.1. Petrochemical Pipeline
13.4.2. Civil Pipeline
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Pipe Wrenches Market Size and Volume Forecast by Type
13.7.1. Small Size (Length?200 mm)
13.7.2. Medium Size (200 mm
13.7.3. Larger Size (LengthMore than or euqal to800 mm)
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Pipe Wrenches Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Pipe Wrenches Market: Market Share Analysis
14.2. Pipe Wrenches Distributors and Customers
14.3. Pipe Wrenches Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Stanley
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. RIDGID
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. TTI Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Apex Tool Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SNAP-ON
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Irwin
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. REED
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Stahlwille
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Wiha Tools
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Wheeler-Rex
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
