The global straight thermowells market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for thermowells in various industries such as chemical and petrochemical plants, water and wastewater, pharmaceutical and biotech, food and beverage. Thermowells are used in various industries for different purposes such as heat transfer fluids or gases. They are also used for transferring heat from one fluid or gas to another fluid or gas with a lower temperature. Thermowells are also used in various applications such as heating systems, cooling systems, refrigeration systems, air conditioning systems etc, which require thermal energy transfer between two fluids or gases with different temperatures.
The global straight thermowells market is segmented on the basis of type into flanged straight thermowells (FSW), threaded straight thermowells (TSW), socket weld straight thermowell (SWT), vanstone straight thermo-wells (VSW) and welin socketed type straight thermo-wells (WSST). The FSW segment accounted for the largest share of the global market in 2018 owing to its high demand across all regions due to its low cost compared with other types of thermo-wells available in the market. The TSW segment is expected to grow at a higher CAGR during the forecast period owing to its high demand across all regions due to its low cost compared with other types of thermo-wells available in the market.
Based on application type, this global straighthermowellmarket is categorized into chemical and petrochemical plants; water and wastewater; pharmaceutical and biotech; food & beverage industry etc, which have been further subsegmented into their respective applications based on their end use industry requirements such as heating system; cooling system; refrigeration system etc, which require thermal energy transfer between two fluids or gases with different temperatures.
- The increasing demand for water in the world is driving the growth of Straight Thermowells market.
- The need to reduce the cost of production is also driving the growth of Straight Thermowells market.
- The need to reduce environmental pollution is also driving the growth of Straight Thermowells market.
- Increasing awareness about health and hygiene among people is also driving the growth of Straight Thermowells market.
- Increasing population in developing countries such as India and China are also driving the growth of Straight Thermowells market.
Industry Growth Insights published a new data on “Straight Thermowells Market”. The research report is titled “Straight Thermowells Market research by Types (Flanged Straight Thermowells, Threaded Straight Thermowells, Socket Weld Straight Thermowells, Vanstone Straight Thermowells, Weld-in Socketed Type Straight Thermowells), By Applications (Chemical and Petrochemical Plants, Water and Wastewater, Pharmaceutical and Biotech, Food and Beverage), By Players/Companies Ashcroft, WIKA Instrument, Mac-Weld Machining, Winters Instruments, Tel-Tru Manufacturing, Omicron Sensing, Tempsens Instruments, Valutemp”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Straight Thermowells Market Research Report
By Type
Flanged Straight Thermowells, Threaded Straight Thermowells, Socket Weld Straight Thermowells, Vanstone Straight Thermowells, Weld-in Socketed Type Straight Thermowells
By Application
Chemical and Petrochemical Plants, Water and Wastewater, Pharmaceutical and Biotech, Food and Beverage
By Companies
Ashcroft, WIKA Instrument, Mac-Weld Machining, Winters Instruments, Tel-Tru Manufacturing, Omicron Sensing, Tempsens Instruments, Valutemp
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Straight Thermowells Market Report Segments:
The global Straight Thermowells market is segmented on the basis of:
Types
Flanged Straight Thermowells, Threaded Straight Thermowells, Socket Weld Straight Thermowells, Vanstone Straight Thermowells, Weld-in Socketed Type Straight Thermowells
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
Chemical and Petrochemical Plants, Water and Wastewater, Pharmaceutical and Biotech, Food and Beverage
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:
- Ashcroft
- WIKA Instrument
- Mac-Weld Machining
- Winters Instruments
- Tel-Tru Manufacturing
- Omicron Sensing
- Tempsens Instruments
- Valutemp
Highlights of The Straight Thermowells 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:
- Flanged Straight Thermowells
- Threaded Straight Thermowells
- Socket Weld Straight Thermowells
- Vanstone Straight Thermowells
- Weld-in Socketed Type Straight Thermowells
- By Application:
- Chemical and Petrochemical Plants
- Water and Wastewater
- Pharmaceutical and Biotech
- Food and Beverage
- 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 Straight Thermowells 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.
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- Correctly Positioning New Products
- Market Entry Strategies
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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?
Straight thermowells are a type of water well that have been drilled in a straight line. This type of well is less expensive to drill and can be completed more quickly than other types of wells.
Some of the key players operating in the straight thermowells market are Ashcroft, WIKA Instrument, Mac-Weld Machining, Winters Instruments, Tel-Tru Manufacturing, Omicron Sensing, Tempsens Instruments, Valutemp.
The straight thermowells market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Straight Thermowells 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. Straight Thermowells Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Straight Thermowells Market - Supply Chain
4.5. Global Straight Thermowells Market Forecast
4.5.1. Straight Thermowells Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Straight Thermowells Market Size (000 Units) and Y-o-Y Growth
4.5.3. Straight Thermowells Market Absolute $ Opportunity
5. Global Straight Thermowells 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. Straight Thermowells Market Size and Volume Forecast by Type
5.3.1. Flanged Straight Thermowells
5.3.2. Threaded Straight Thermowells
5.3.3. Socket Weld Straight Thermowells
5.3.4. Vanstone Straight Thermowells
5.3.5. Weld-in Socketed Type Straight Thermowells
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Straight Thermowells 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. Straight Thermowells Market Size and Volume Forecast by Application
6.3.1. Chemical and Petrochemical Plants
6.3.2. Water and Wastewater
6.3.3. Pharmaceutical and Biotech
6.3.4. Food and Beverage
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Straight Thermowells 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. Straight Thermowells 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 Straight Thermowells 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. Straight Thermowells 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 Straight Thermowells Demand Share Forecast, 2019-2029
9. North America Straight Thermowells 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 Straight Thermowells 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 Straight Thermowells Market Size and Volume Forecast by Application
9.4.1. Chemical and Petrochemical Plants
9.4.2. Water and Wastewater
9.4.3. Pharmaceutical and Biotech
9.4.4. Food and Beverage
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Straight Thermowells Market Size and Volume Forecast by Type
9.7.1. Flanged Straight Thermowells
9.7.2. Threaded Straight Thermowells
9.7.3. Socket Weld Straight Thermowells
9.7.4. Vanstone Straight Thermowells
9.7.5. Weld-in Socketed Type Straight Thermowells
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 Straight Thermowells Demand Share Forecast, 2019-2029
10. Latin America Straight Thermowells 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 Straight Thermowells 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 Straight Thermowells Market Size and Volume Forecast by Application
10.4.1. Chemical and Petrochemical Plants
10.4.2. Water and Wastewater
10.4.3. Pharmaceutical and Biotech
10.4.4. Food and Beverage
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Straight Thermowells Market Size and Volume Forecast by Type
10.7.1. Flanged Straight Thermowells
10.7.2. Threaded Straight Thermowells
10.7.3. Socket Weld Straight Thermowells
10.7.4. Vanstone Straight Thermowells
10.7.5. Weld-in Socketed Type Straight Thermowells
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 Straight Thermowells Demand Share Forecast, 2019-2029
11. Europe Straight Thermowells 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 Straight Thermowells 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 Straight Thermowells Market Size and Volume Forecast by Application
11.4.1. Chemical and Petrochemical Plants
11.4.2. Water and Wastewater
11.4.3. Pharmaceutical and Biotech
11.4.4. Food and Beverage
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Straight Thermowells Market Size and Volume Forecast by Type
11.7.1. Flanged Straight Thermowells
11.7.2. Threaded Straight Thermowells
11.7.3. Socket Weld Straight Thermowells
11.7.4. Vanstone Straight Thermowells
11.7.5. Weld-in Socketed Type Straight Thermowells
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 Straight Thermowells Demand Share, 2019-2029
12. Asia Pacific Straight Thermowells 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 Straight Thermowells 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 Straight Thermowells Market Size and Volume Forecast by Application
12.4.1. Chemical and Petrochemical Plants
12.4.2. Water and Wastewater
12.4.3. Pharmaceutical and Biotech
12.4.4. Food and Beverage
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Straight Thermowells Market Size and Volume Forecast by Type
12.7.1. Flanged Straight Thermowells
12.7.2. Threaded Straight Thermowells
12.7.3. Socket Weld Straight Thermowells
12.7.4. Vanstone Straight Thermowells
12.7.5. Weld-in Socketed Type Straight Thermowells
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 Straight Thermowells Demand Share, 2019-2029
13. Middle East & Africa Straight Thermowells 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 Straight Thermowells 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 Straight Thermowells Market Size and Volume Forecast by Application
13.4.1. Chemical and Petrochemical Plants
13.4.2. Water and Wastewater
13.4.3. Pharmaceutical and Biotech
13.4.4. Food and Beverage
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Straight Thermowells Market Size and Volume Forecast by Type
13.7.1. Flanged Straight Thermowells
13.7.2. Threaded Straight Thermowells
13.7.3. Socket Weld Straight Thermowells
13.7.4. Vanstone Straight Thermowells
13.7.5. Weld-in Socketed Type Straight Thermowells
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 Straight Thermowells Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Straight Thermowells Market: Market Share Analysis
14.2. Straight Thermowells Distributors and Customers
14.3. Straight Thermowells Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ashcroft
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. WIKA Instrument
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Mac-Weld Machining
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Winters Instruments
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Tel-Tru Manufacturing
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Omicron Sensing
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Tempsens Instruments
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Valutemp
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
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
