Market Overview:
The global swage nipples 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 swage nipples in various applications, such as chemical processing, oil & gas, water and waste water, and others. Swage nipples are used in various industries owing to their features such as corrosion resistance and high-pressure performance. In addition, the growing demand for these products from emerging economies is also contributing to the growth of this market.
Product Definition:
A swage nipple is a type of pipe fitting that is used to join two pieces of pipe together. It is made up of a nipple and a swage fitting. The nipple is inserted into one end of the pipe, and the swage fitting is inserted into the other end. The two pieces are then joined together by applying pressure to the sides of the swage fitting. This creates a seal between the two pieces of pipe and allows them to be connected securely.
Concentric:
Concentric is a method to connect two or more metals by rolling them on the same axis. It helps in forming an airtight seal between metal surfaces and provides strength, rigidity, and dimensional stability to structures. Concentric construction is widely used in building components such as channels, ducts, flanges etc.
Eccentric:
Eccentric is the property of a material, which causes it to expand and contract periodically. In swage nipples, the eccentricity is caused by an internal gland or muscles that produces oil. The expansion and contraction of the material creates a vacuum that draws metal towards itself making the nip into shape.
Application Insights:
The oil & gas segment dominated the global swage nipples market in 2017 and is expected to witness significant growth over the forecast period. The growing demand for crude oil from various sources including Saudi Arabia, Venezuela, and Canada has resulted in an increased requirement of pipeline transportation. As per EIA estimates, there will be a need for approximately 5 million to 6 million b/d of pipeline capacity by 2030 which can be achieved through expansion projects or new build-operate-transfer schemes. This factor is anticipated to drive product demand in the near future.
Water And waste water treatment application segment is also poised to witness considerable growth over the next eight years owing to stringent regulations regarding environmental protection across various regions coupled with increasing population density and urbanization activities globally.
Regional Analysis:
Asia Pacific dominated the global swage nippleduring which period it captured a revenue share of over 38%. The region is expected to continue its dominance during the forecast years on account of rapid industrialization and increasing foreign investments in India, China, and other Southeast Asian countries. In addition, rising oil & gas exploration activities in these regions are anticipated to drive product demand.
North America is projected to witness significant growth over the coming years owing to high product demand from end-use industries such as chemical processing and oil & gas industry. In addition, growing shale drilling activities coupled with surging offshore developments are likely boost market growth in this region.
The Middle East & Africa accounted for a relatively smaller share as comparedto its counterparts due to lack of proper infrastructure coupled with limited awareness regarding health hazards associated with toxic chemicals leaking from storage tanks or pipes into groundwater sources thereby hampering overall economic development within nations such as Saudi Arabia and others).
Growth Factors:
- Increasing demand from construction and engineering sectors
- Rising awareness about the benefits of using swage nipples over traditional fittings
- Growing popularity of pipe-joining methods among contractors and engineers
- Technological advancements in the manufacturing process of swage nipples
- Rising demand for high-quality products across all end-use industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Swage Nipples Market Research Report
By Type
Concentric, Eccentric
By Application
Chemical Processing, Oil & Gas, Water And Waste Water, Others
By Companies
Pennsylvania Machine Works, Anvil International, Guru Gautam Steels, Kalikund Steel&Engineering, Neo Impex Stainless, Shakti Forge Industries, Metal Udyog, Fitwel Industries, Rajendra Piping, Kamlesh Metal
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Swage Nipples Market Report Segments:
The global Swage Nipples market is segmented on the basis of:
Types
Concentric, Eccentric
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 Processing, Oil & Gas, Water And Waste Water, 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:
- Pennsylvania Machine Works
- Anvil International
- Guru Gautam Steels
- Kalikund Steel&Engineering
- Neo Impex Stainless
- Shakti Forge Industries
- Metal Udyog
- Fitwel Industries
- Rajendra Piping
- Kamlesh Metal
Highlights of The Swage Nipples 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:
- Concentric
- Eccentric
- By Application:
- Chemical Processing
- Oil & Gas
- Water And Waste Water
- 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 Swage Nipples 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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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Swage nipples are a type of nipple piercing that is done using a special tool called a swage. The swage is inserted into the nipple and then squeezed, which causes the piercing to open up.
Some of the major players in the swage nipples market are Pennsylvania Machine Works, Anvil International, Guru Gautam Steels, Kalikund Steel&Engineering, Neo Impex Stainless, Shakti Forge Industries, Metal Udyog, Fitwel Industries, Rajendra Piping, Kamlesh Metal.
The swage nipples market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Swage Nipples 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. Swage Nipples Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Swage Nipples Market - Supply Chain
4.5. Global Swage Nipples Market Forecast
4.5.1. Swage Nipples Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Swage Nipples Market Size (000 Units) and Y-o-Y Growth
4.5.3. Swage Nipples Market Absolute $ Opportunity
5. Global Swage Nipples 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. Swage Nipples Market Size and Volume Forecast by Type
5.3.1. Concentric
5.3.2. Eccentric
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Swage Nipples 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. Swage Nipples Market Size and Volume Forecast by Application
6.3.1. Chemical Processing
6.3.2. Oil & Gas
6.3.3. Water And Waste Water
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Swage Nipples 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. Swage Nipples 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 Swage Nipples 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. Swage Nipples 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 Swage Nipples Demand Share Forecast, 2019-2029
9. North America Swage Nipples 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 Swage Nipples 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 Swage Nipples Market Size and Volume Forecast by Application
9.4.1. Chemical Processing
9.4.2. Oil & Gas
9.4.3. Water And Waste Water
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Swage Nipples Market Size and Volume Forecast by Type
9.7.1. Concentric
9.7.2. Eccentric
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 Swage Nipples Demand Share Forecast, 2019-2029
10. Latin America Swage Nipples 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 Swage Nipples 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 Swage Nipples Market Size and Volume Forecast by Application
10.4.1. Chemical Processing
10.4.2. Oil & Gas
10.4.3. Water And Waste Water
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Swage Nipples Market Size and Volume Forecast by Type
10.7.1. Concentric
10.7.2. Eccentric
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 Swage Nipples Demand Share Forecast, 2019-2029
11. Europe Swage Nipples 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 Swage Nipples 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 Swage Nipples Market Size and Volume Forecast by Application
11.4.1. Chemical Processing
11.4.2. Oil & Gas
11.4.3. Water And Waste Water
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Swage Nipples Market Size and Volume Forecast by Type
11.7.1. Concentric
11.7.2. Eccentric
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. ByCountry
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Swage Nipples Demand Share, 2019-2029
12. Asia Pacific Swage Nipples 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 Swage Nipples 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 Swage Nipples Market Size and Volume Forecast by Application
12.4.1. Chemical Processing
12.4.2. Oil & Gas
12.4.3. Water And Waste Water
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Swage Nipples Market Size and Volume Forecast by Type
12.7.1. Concentric
12.7.2. Eccentric
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 Swage Nipples Demand Share, 2019-2029
13. Middle East & Africa Swage Nipples 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 Swage Nipples 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 Swage Nipples Market Size and Volume Forecast by Application
13.4.1. Chemical Processing
13.4.2. Oil & Gas
13.4.3. Water And Waste Water
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Swage Nipples Market Size and Volume Forecast by Type
13.7.1. Concentric
13.7.2. Eccentric
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 Swage Nipples Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Swage Nipples Market: Market Share Analysis
14.2. Swage Nipples Distributors and Customers
14.3. Swage Nipples Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Pennsylvania Machine Works
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Anvil International
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Guru Gautam Steels
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kalikund Steel&Engineering
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Neo Impex Stainless
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Shakti Forge Industries
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Metal Udyog
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Fitwel Industries
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Rajendra Piping
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Kamlesh Metal
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