The global welin 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 welin thermowells in various industries such as chemical and petrochemical plants, water and wastewater, pharmaceutical and biotech, food and beverage. Welin thermowells are used in various industries due to their ability to withstand high pressure conditions without any leakage or corrosion. The growing need for welin thermowells in these industries is expected to drive the growth of this market during the forecast period.
The global welin socketed type straight thermowell segment accounted for a major share of the overall market in 2018 owing to its wide application across various industries such as chemical and petrochemical plants, water and wastewater, pharmaceuticals and biotechnology, food & beverage etc, which has led it towards being one of the most preferred types among customers globally. This segment is also expected to witness significant growth during the forecast period owing mainly due its wide application across various sectors which will lead it towards being one of most preferred types among customers globally.
- The increasing demand for oil and gas exploration in the Middle East and North Africa region is expected to drive the weld-in thermowells market.
- The increasing demand for weld-in thermowells in the petrochemical industry is expected to drive the weld-in thermowells market.
- The increasing demand for weld-in thermowells in the power generation industry is expected to drive the weld-in thermowells market.
- Increasing investments by governments of developing countries such as China, India, and Brazil are expected to fuel growth of this market during forecast period (2017 - 2025).
- Increasing investments by private companies such as ExxonMobil Corporation, Royal Dutch Shell plc., BP plc., Chevron Corporation, Saudi Aramco, Gazprom Neft OJSC are also driving growth of this market during forecast period (2017 - 2025).
Industry Growth Insights published a new data on “Weld-in Thermowells Market”. The research report is titled “Weld-in Thermowells Market research by Types (Weld-in Socketed Type Straight Thermowell, Weld-in Socketed Type Tapered Thermowell, Weld-in Socketed Type Stepped Thermowell), By Applications (Chemical and Petrochemical Plants, Water and Wastewater, Pharmaceutical and Biotech, Food and Beverage), By Players/Companies Ashcroft, WIKA Instrument, REOTEMP, Tel-Tru Manufacturing, Winters Instruments, JUMO, ...”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Weld-in Thermowells Market Research Report
By Type
Weld-in Socketed Type Straight Thermowell, Weld-in Socketed Type Tapered Thermowell, Weld-in Socketed Type Stepped Thermowell
By Application
Chemical and Petrochemical Plants, Water and Wastewater, Pharmaceutical and Biotech, Food and Beverage
By Companies
Ashcroft, WIKA Instrument, REOTEMP, Tel-Tru Manufacturing, Winters Instruments, JUMO, ...
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Weld-in Thermowells Market Report Segments:
The global Weld-in Thermowells market is segmented on the basis of:
Types
Weld-in Socketed Type Straight Thermowell, Weld-in Socketed Type Tapered Thermowell, Weld-in Socketed Type Stepped Thermowell
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
- REOTEMP
- Tel-Tru Manufacturing
- Winters Instruments
- JUMO
- ...
Highlights of The Weld-in 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:
- Weld-in Socketed Type Straight Thermowell
- Weld-in Socketed Type Tapered Thermowell
- Weld-in Socketed Type Stepped Thermowell
- 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 Weld-in 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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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?
Weld-in thermowells are a type of weldment that is inserted into the pipe during welding. They provide an extra layer of protection for the pipe and help to prevent cracking or other damage during welding.
Some of the major players in the weld-in thermowells market are Ashcroft, WIKA Instrument, REOTEMP, Tel-Tru Manufacturing, Winters Instruments, JUMO.
The weld-in thermowells market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Weld-in 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. Weld-in Thermowells Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Weld-in Thermowells Market - Supply Chain
4.5. Global Weld-in Thermowells Market Forecast
4.5.1. Weld-in Thermowells Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Weld-in Thermowells Market Size (000 Units) and Y-o-Y Growth
4.5.3. Weld-in Thermowells Market Absolute $ Opportunity
5. Global Weld-in 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. Weld-in Thermowells Market Size and Volume Forecast by Type
5.3.1. Weld-in Socketed Type Straight Thermowell
5.3.2. Weld-in Socketed Type Tapered Thermowell
5.3.3. Weld-in Socketed Type Stepped Thermowell
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Weld-in 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. Weld-in 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 Weld-in 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. Weld-in 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 Weld-in 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. Weld-in 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 Weld-in Thermowells Demand Share Forecast, 2019-2029
9. North America Weld-in 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 Weld-in 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 Weld-in 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 Weld-in Thermowells Market Size and Volume Forecast by Type
9.7.1. Weld-in Socketed Type Straight Thermowell
9.7.2. Weld-in Socketed Type Tapered Thermowell
9.7.3. Weld-in Socketed Type Stepped Thermowell
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 Weld-in Thermowells Demand Share Forecast, 2019-2029
10. Latin America Weld-in 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 Weld-in 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 Weld-in 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 Weld-in Thermowells Market Size and Volume Forecast by Type
10.7.1. Weld-in Socketed Type Straight Thermowell
10.7.2. Weld-in Socketed Type Tapered Thermowell
10.7.3. Weld-in Socketed Type Stepped Thermowell
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 Weld-in Thermowells Demand Share Forecast, 2019-2029
11. Europe Weld-in 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 Weld-in 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 Weld-in 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 Weld-in Thermowells Market Size and Volume Forecast by Type
11.7.1. Weld-in Socketed Type Straight Thermowell
11.7.2. Weld-in SocketedType Tapered Thermowell
11.7.3. Weld-in Socketed Type Stepped Thermowell
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 Weld-in Thermowells Demand Share, 2019-2029
12. Asia Pacific Weld-in 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 Weld-in 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 Weld-in 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 Weld-in Thermowells Market Size and Volume Forecast by Type
12.7.1. Weld-in Socketed Type Straight Thermowell
12.7.2. Weld-in Socketed Type Tapered Thermowell
12.7.3. Weld-in Socketed Type Stepped Thermowell
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 Weld-in Thermowells Demand Share, 2019-2029
13. Middle East & Africa Weld-in 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 Weld-in 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 Weld-in 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 Weld-in Thermowells Market Size and Volume Forecast by Type
13.7.1. Weld-in Socketed Type Straight Thermowell
13.7.2. Weld-in Socketed Type Tapered Thermowell
13.7.3. Weld-in Socketed Type Stepped Thermowell
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 Weld-in Thermowells Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Weld-in Thermowells Market: Market Share Analysis
14.2. Weld-in Thermowells Distributors and Customers
14.3. Weld-in 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. REOTEMP
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Tel-Tru Manufacturing
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Winters Instruments
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. JUMO
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ...
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
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
