Industrial Pipe Clamps Market Size & Share, by Type (Cast Iron, Stainless Steel, Copper, Aluminium, PVC); Application (Construction, Water & Wastewater, Oil & Gas, Chemical & Petrochemical, Pulp & Paper) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5609
  • Published Date: Feb 06, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Industrial Pipe Clamps Market size is anticipated to reach USD 4 Billion by the end of 2036, growing at a CAGR of 3% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of industrial pipe clamps was over USD 2 Billion. The market for industrial pipe clamps is expanding as a result of the growing emphasis on energy efficiency and sustainability. The objective of doubling the average global rate of energy efficiency gains by the end of the decade has been adopted by forty-six nations worldwide. According to recent data, worldwide energy intensity increased by slightly over 2% in 2022 but will need to quadruple to 4% yearly by 2030 to satisfy global efficiency targets. This would raise economic output per unit of energy utilized by 40% if it were accomplished.  This will help to put the world on a safe and affordable road towards net zero emissions and promote sustainable economic growth. Robust pipe systems with dependable clamps are essential for attaining the energy efficiency and environmental impact reduction goals of enterprises.

The bulk of copper used in plumbing systems is somewhat tougher, does not react to water, and maintains its neutral and non-toxic state even after prolonged use for longer periods, despite its reputation as a malleable metal. Copper pipe clamps will remain in good condition for decades because they do not rust when exposed to dampness. They are prized for their attractive appearance as well. when applied to exposed ductwork and plumbing. Superior thermal properties extend their lifespan in both hot and cold-water systems, especially in the face of ongoing expansion and contraction.


Industrial Pipe Clamps Market
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Industrial Pipe Clamps Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~ 3%

Base Year Market Size (2023)

 ~ USD 2 Billion

Forecast Year Market Size (2036)

 ~ USD 4 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Industrial Pipe Clamps Market: Growth Drivers and Challenges

Market-Growth-Drivers

Growth Drivers

  • Growing Infrastructural Development Globally - The building, bridge, and pipeline construction projects that are receiving more attention are examples of infrastructure development, and this has increased demand for industrial pipe clamps. These clamps are essential for protecting pipelines and guaranteeing a fluid passage of gases or liquids. For instance, July 2023 marked the official opening of the Braila Bridge in Romania, one of the largest projects sponsored by the Cohesion Policy. It will link the Danube Delta and Black Sea ports to the rest of the nation and the larger Trans-European Transport Network. The EU is contributing USD 396.03 million from Cohesion Policy money to this initiative. This suspended bridge, which is the longest in Romania, the largest across the Danube, and the third largest in the EU overall, is 2 km long, 38 meters above the water, and has four lanes.
  • Growing Adoption in End-use Industries - Increased use of end-use industries applications, which are anticipated to hold a sizable proportion of the industrial pipe clamps market during the projection is projected to drive industrial pipe clamps market growth. Industrial pipe clamps are mainly meant to be used in piping systems for different end-user industries. Industrial pipe clamps are used for securing heavy, medium-weight, and lightweight pipes made of different materials. Pipe clamps from the industrial world are used to join pipes to the anger assembly. In addition, pipe clamps enable the loosening of joints and welds while also helping to reduce vibration.
  • Increased Technological Advancements in the Production of Industrial Pipe Clamps - The development of new material such as composite materials, has enhanced the durability and performance of industrial pipe clamps. These materials offer increased resistance to corrosion, chemicals, and extreme temperatures, ensuring the longevity and reliability of the clamps. Also, some manufacturers have incorporated smart technologies into pipe clamps, allowing for real-time monitoring and data collection. Moreover, the use of 3D printing technology has revolutionized the manufacturing process of industrial pipe clamps. As per a report, between 2023 and 2025, the additive manufacturing industry is anticipated to expand by about 24%, while the 3D printing sector is anticipated to nearly triple in size between 2020 and 2026.

Challenges

  • Higher Purchasing Cost - System buyers are cost-conscious and favor inexpensive products with higher quality. Throughout the projected period, the market will be hampered by the machine's complicated setup and high purchase costs. Technological advancements in system design and development have led to an increase in system complexity, which presents a challenge to industrial pipe clamps market expansion.
  • Compliance with Safety Regulations and Standards may Hinder the Market Growth
  • Intense Competition Among the Market Players may Hamper the Growth of the Market


Industrial Pipe Clamps Segmentation

Type (Cast Iron, Stainless Steel, Copper, Aluminium, PVC)

Stainless steel industrial pipe clamps market is expected to hold 38% of the revenue share during the forecast period. Stainless steel pipe clips are a sturdy, long-lasting option because of their improved rigidity and resilience to these causes of discoloration or structural degradation. Stainless steel clamps can have long-term issues due to a few things, most notably frequent exposure to saltwater and other trace minerals, but overall, they're a great option for a variety of demanding indoor and outdoor applications. Consequently, a major factor driving the growth of the industrial pipe clamps market is stainless steel pipe clamps. Furthermore, stainless steel pipe clamps are recommended to guarantee the durability and dependability of the pipe systems in industries like oil and gas, chemical processing, and food & beverage where pipes come into contact with corrosive substances. For instance, the worldwide chemical sector brought in over USD 4.7 trillion in sales overall. As a result, these factors are driving the market's expansion in this segment.

Application (Construction, Water & Wastewater, Oil & Gas, Chemical & Petrochemical, Pulp & Paper)

The oil & gas segment from the industrial pipe clamps market is anticipated to hold a share of 36% by the end of 2036. The increasing demand for gas and oil around the world is driving up production, transportation, and exploration efforts. Pipe systems that move gas and oil from extraction sites to refineries and distribution networks are therefore in greater demand. Systems for oil and gas are exposed to harsh conditions and high pressures. For these pipe systems to remain stable and intact, industrial pipe clamps are essential. The safe and effective operation of oil and gas infrastructure depends on their assistance in securing the pipes, stopping leaks, and reducing vibrations. Additionally, as a result of technological advancements and the exploration of unconventional gas and oil deposits like shale gas and deepwater drilling, specialized pipe systems and associated clamps.

Our in-depth analysis of the global industrial pipe clamps market includes the following segments:

     Type

  • Cast Iron
  • Stainless Steel
  • Copper
  • Aluminium
  • PVC

     Application

  • Construction
  • Water & Wastewater
  • Oil & Gas
  • Chemical & Petrochemical
  • Pulp & Paper

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Industrial Pipe Clamps Industry - Regional Synopsis

European Market Forecast

European industrial pipe clamps market is expected to hold the largest share of 37% during the forecast period. The expansion can be attributed to the notable surge in the construction sector and the augmented government funding for infrastructure development initiatives within the member states of the area. For instance, in 2020, the EU's construction industry brought in over USD 1.85 trillion, with specialist construction accounting for the largest portion of this revenue. Furthermore, the chemical and petrochemical sectors in the area have grown significantly in recent years, and this trend is probably going to continue over the projection period, which will support the expansion of the regional industrial pipe clamps market.

North American Market Statistics

Industrial pipe clamps market in North America is poised to hold a significant share of 26% during the projected period. The region's market is growing because of the expansion of sectors like manufacturing, construction, and oil & gas. Pipe systems that are dependable and efficient are necessary for these industries to move gases, fluids, and other products. Industrial pipe clamps are therefore in high demand in order to support and secure large pipe systems. North America has also been making investments in the improvement of its infrastructure, which includes erecting new buildings, bridges, and pipelines. This emphasizes the extra requirement for pipe clamps in order to guarantee the integrity and stability of the pipe systems. Further, the usage of increasingly complex and specialized pipe systems has resulted from technological breakthroughs and the adoption of automation in various industries.

Research Nester
Industrial Pipe Clamps Market size
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Companies Dominating the Industrial Pipe Clamps Market

top-features-companies
    • Oatey Co.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Fieldpiece Instruments
    • Rhosonics Analytical B.V.
    • Atkore Vergokan
    • TotalEnergies

In-the-news

In The News

  • Oatey Co. announced the introduction of their newly designed Full Clamp pipe clamps, which include updated features for quick and simple installation and removal. Convenient push-on installation technology, such as an auto-opening lead-in edge, is included into Oatey Full Clamps. It is also easy and quick to remove the clamp thanks to a revolutionary release wedge and notch. Complete standoff between pipes and the surface is provided by the Full Clamps, and 360-degree pipe protection permits tubes to swell and compress. Better nail alignment and strain alleviation are further benefits of notch nail slots.
  • The wired TC48 and the wireless system JL3LC, the largest jaw pipe clamps for the HVACR industry, were been released, according to Fieldpiece Instruments, a specialist in HVACR equipment and test instruments. The new pipe clamps, which have an unparalleled 4 1/8" jaw opening, are ideal for field service technicians working in industrial and commercial settings, as well as the home sector.  With a range of ¾" to 4 1/8", the clamps are suitable for a vast range of pipe sizes, particularly in commercial and refrigeration applications.

Author Credits:  Rushikesh, Richa Gupta


  • Report ID: 5609
  • Published Date: Feb 06, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing infrastructural development globally, rising adoption in end-use industries, and increased technological advancements in the production of industrial pipe clamps are the major factors driving the growth of the Industrial Pipe Clamps market.

The market size of industrial pipe clamps is anticipated to attain a CAGR of 3% over the forecast period, i.e., 2024-2036.

The major players in the market are Oatey Co., Fieldpiece Instruments, Rhosonics Analytical B.V., Atkore Vergokan, TotalEnergies, Kubota Corporation, Creaform Japan, Nippon Foundation, WOTA Co., Ltd., Japan Sewage Works Corporation and others.

The stainless steel segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Europe region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Industrial Pipe Clamps Market Report Scope
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