Product Code: PMRREP32891
Persistence Market Research has recently released a comprehensive report on the global engineering pipe hanger and support market. The report provides a detailed analysis of market dynamics, including drivers, trends, opportunities, and challenges shaping the market landscape. It presents exclusive data and statistics projecting the growth trajectory of the global engineering pipe hanger and support market from 2024 to 2033.
Key Insights:
- Market Size (2024E): USD 266.6 Million
- Projected Market Value (2033F): USD 394.3 Million
- Global Market Growth Rate (CAGR 2024 to 2033): 4.4%
Engineering Pipe Hanger and Support Market - Report Scope:
Engineering pipe hangers and supports play a crucial role in the construction and maintenance of piping systems across various industries, including oil & gas, chemical, power generation, and water treatment. These components ensure proper alignment, support, and stability of pipelines, reducing stress and preventing damage to the infrastructure. The market caters primarily to engineering firms, construction companies, and maintenance service providers, offering a range of products such as clevis hangers, clamp hangers, roller hangers, and bespoke support systems.
Market Growth Drivers:
The global engineering pipe hanger and support market is driven by several factors, including increasing investments in infrastructure development projects, particularly in emerging economies. The expansion of industrial facilities and the growing demand for reliable piping systems in sectors such as energy and utilities bolster market growth. Technological advancements in hanger and support design, focusing on durability, corrosion resistance, and ease of installation, further stimulate market expansion. Moreover, stringent regulations mandating safety standards and environmental compliance in industrial operations drive the adoption of high-quality pipe support solutions.
Market Restraints:
Despite robust growth prospects, the engineering pipe hanger and support market faces challenges related to fluctuating raw material prices and supply chain disruptions. Economic uncertainties and geopolitical tensions can impact project timelines and investment decisions, influencing market dynamics. Additionally, regulatory complexities in different regions regarding product certifications and industry standards pose challenges for market players, necessitating strategic partnerships and compliance efforts to navigate effectively.
Market Opportunities:
The engineering pipe hanger and support market presents significant growth opportunities driven by infrastructure modernization initiatives and the adoption of advanced manufacturing techniques. Innovations in materials, such as lightweight alloys and composite materials, offer opportunities for product differentiation and performance enhancement. Furthermore, the integration of digital technologies, including IoT-enabled monitoring and predictive maintenance solutions, enhances operational efficiency and extends the lifespan of piping systems, creating new avenues for market expansion. Strategic collaborations with engineering consultants, EPC contractors, and end-user industries facilitate market penetration and product innovation, ensuring sustainable growth in a competitive landscape.
Key Questions Answered in the Report:
- What are the primary factors driving the growth of the global engineering pipe hanger and support market?
- Which industries and regions are witnessing the highest demand for engineering pipe hangers and supports?
- How are technological advancements reshaping the competitive landscape of the engineering pipe hanger and support market?
- Who are the key players contributing to the market, and what strategies are they employing to maintain market leadership?
- What are the emerging trends and future prospects in the global engineering pipe hanger and support market?
Competitive Intelligence and Business Strategy:
Leading players in the global engineering pipe hanger and support market, including XYZ Company, ABC Inc., and DEF Corporation, focus on innovation, product diversification, and strategic partnerships to gain a competitive edge. These companies invest in R&D to develop advanced pipe support solutions that meet evolving industry requirements for durability, efficiency, and sustainability. Collaborations with industry stakeholders and investment in workforce training programs strengthen market position and enhance customer satisfaction. Moreover, emphasis on adherence to international quality standards and regulatory compliance ensures product reliability and market acceptance in diverse geographic markets.
Key Companies Profiled:
- Bergen Pipe Supports
- Piping Technology and Product Inc.
- Rillco
- ACS (Anvil)
- Kinetic Energy (KEKSA)
- Carpenter and Paterson Inc.
- National Pipe Hanger
- Gulf States Hangers and Supports Manufacturer Inc.
- CTS Industries
- NEFCO
- Bayport Valve
- Globe Pipe Hanger Products Incorporated
- Elite Components
- Delta Machinee
- PHS
Engineering Pipe Hanger and Support Market Segmentation
By Product Type
- Constant Hangers and Supports
- Variable Spring Hangers and Supports
- Rigid Struts and Snubbers
- Support Accessories
By Application Type
- Field Survey and Inspection
- Testing and Maintenance
- Installation and Commissioning
By End-Use
- Power Generation Plant
- Oil and Gas Refineries
- Chemicals and Petrochemical Plants
- Fertilizer Plants
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa
Table of Contents
1. Executive Summary
- 1.1. Global Market Outlook
- 1.2. Demand Side Trends
- 1.3. Supply Side Trends
- 1.4. Technology Roadmap
- 1.5. Analysis and Recommendations
2. Market Overview
- 2.1. Market Coverage / Taxonomy
- 2.2. Market Definition / Scope / Limitations
- 2.3. Overview of Material Type
- 2.4. Overview of Size and Load Range for Constant and Variable Spring Support
3. Key Market Trends
4. Key Success Factors
5. Global Market - Pricing Analysis
- 5.1. Regional Pricing Analysis
- 5.2. Price Break-Up
- 5.3. Weighted Average Pricing Analysis Benchmark
6. Global Market Demand (in Value or Size in US$ Mn) Analysis 2019-2023 and Forecast, 2024-2033
- 6.1. Historical Market Value (US$ Mn) Analysis, 2019-2023
- 6.2. Current and Future Market Value (US$ Mn) Projections, 2024-2033
- 6.2.1. Y-o-Y Growth Trend Analysis
- 6.2.2. Absolute $ Opportunity Analysis
7. Market Background
- 7.1. Macro-Economic Factors
- 7.1.1. Industrial Pipes Market Overview
- 7.1.2. Oil and Gas Pipeline Market Overview
- 7.1.3. Pipes Joints and Accessories Market Overview
- 7.2. Forecast Factors - Relevance & Impact
- 7.2.1. Planned Investments by End-Use Industries
- 7.2.2. Demand from Greenfield and Brownfield Projects
- 7.2.3. Energy Sector Growth Rate
- 7.2.4. Petrochemical and Fertilizer Industries Growth Rate
- 7.2.5. Demand from Repaid, Overhaul and Maintenance related Job
- 7.2.6. Scope of additional customization
- 7.3. Value Chain Analysis
- 7.3.1. Offline Distributors
- 7.3.2. Pipe Installation Service Provider
- 7.4. Market Dynamics
- 7.4.1. Drivers
- 7.4.2. Restraints
- 7.4.3. Opportunity Analysis
- 7.5. COVID - 19 Crisis: Impact Assessment
- 7.5.1. Current Statistics
- 7.5.2. Short-Mid-Long Term Outlook
- 7.5.3. Likely Rebound
8. Global Market Analysis 2019-2023 and Forecast 2024-2033, By Product Type
- 8.1. Introduction / Key Findings
- 8.2. Historical Market Size (US$ Mn) and Volume Analysis By Product Type, 2019-2023
- 8.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Product Type, 2024-2033
- 8.3.1. Constant Hanger and Support
- 8.3.2. Variable Spring Hanger and Support
- 8.3.3. Rigid Struts and Snubbers
- 8.3.4. Support Accessories
- 8.3.5. Sway Braces
- 8.3.6. Connecting Parts and Elements
- 8.3.7. Bearings and Saddles
- 8.3.8. Other Supports and Trapezes
9. Global Market Analysis 2019-2023 and Forecast 2024-2033, By Application
- 9.1. Introduction / Key Findings
- 9.2. Historical Market Size (US$ Mn) and Volume Analysis By Application, 2019-2023
- 9.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Application, 2024-2033
- 9.3.1. Field Survey and Inspection
- 9.3.2. Testing and Maintenance
- 9.3.3. Installation and Commissioning
- 9.3.3.1. Greenfield/New Built
- 9.3.3.2. Retrofit
10. Global Market Analysis 2019-2023 and Forecast 2024-2033, By End-Use
- 10.1. Introduction / Key Findings
- 10.2. Historical Market Size (US$ Mn) and Volume Analysis By End-Use, 2019-2023
- 10.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By End-Use, 2024-2033
- 10.3.1. Power Generation Plant
- 10.3.1.1. Fossil Fuel
- 10.3.1.2. Nuclear
- 10.3.2. Oil and Gas Refineries
- 10.3.3. Chemical and Petrochemical Plants
- 10.3.4. Fertilizer Plants
11. Global Market Analysis 2019-2023 and Forecast 2024-2033, By Region
- 11.1. Introduction / Key Findings
- 11.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2019-2023
- 11.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Region, 2024-2033
- 11.3.1. North America
- 11.3.2. Latin America
- 11.3.3. Europe
- 11.3.4. East Asia
- 11.3.5. South Asia Pacific
- 11.3.6. Middle East and Africa
12. North America Market Analysis 2019-2023 and Forecast 2024-2033
- 12.1. Introduction
- 12.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 12.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 12.3.1. By Country
- 12.3.1.1. U.S.
- 12.3.1.2. Canada
- 12.3.2. By Product Type
- 12.3.3. By Application
- 12.3.4. By End-Use
- 12.4. Market Attractiveness Analysis
- 12.4.1. By Product Type
- 12.4.2. By Application
- 12.4.3. By End-Use
- 12.4.4. By Country
13. Latin America Market Analysis 2019-2023 and Forecast 2024-2033
- 13.1. Introduction
- 13.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 13.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 13.3.1. By Country
- 13.3.1.1. Brazil
- 13.3.1.2. Mexico
- 13.3.1.3. Rest of LATAM
- 13.3.2. By Product Type
- 13.3.3. By Application
- 13.3.4. By End-Use
- 13.4. Market Attractiveness Analysis
- 13.4.1. By Product Type
- 13.4.2. By Application
- 13.4.3. By End-Use
- 13.4.4. By Country
14. Europe Market Analysis 2019-2023 and Forecast 2024-2033
- 14.1. Introduction
- 14.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 14.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 14.3.1. By Country
- 14.3.1.1. Germany
- 14.3.1.2. Italy
- 14.3.1.3. France
- 14.3.1.4. U.K.
- 14.3.1.5. Spain
- 14.3.1.6. BENELUX
- 14.3.1.7. Russia
- 14.3.1.8. Rest of Europe
- 14.3.2. By Product Type
- 14.3.3. By Application
- 14.3.4. By End-Use
- 14.4. Market Attractiveness Analysis
- 14.4.1. By Product Type
- 14.4.2. By Application
- 14.4.3. By End-Use
- 14.4.4. By Country
15. East Asia Market Analysis 2019-2023 and Forecast 2024-2033
- 15.1. Introduction
- 15.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 15.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 15.3.1. By Country
- 15.3.1.1. China
- 15.3.1.2. Japan
- 15.3.1.3. South Korea
- 15.3.2. By Product Type
- 15.3.3. By Application
- 15.3.4. By End-Use
- 15.4. Market Attractiveness Analysis
- 15.4.1. By Product Type
- 15.4.2. By Application
- 15.4.3. By End-Use
- 15.4.4. By Country
16. South Asia Pacific Market Analysis 2019-2023 and Forecast 2024-2033
- 16.1. Introduction
- 16.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 16.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 16.3.1. By Country
- 16.3.1.1. India
- 16.3.1.2. ASEAN
- 16.3.1.3. ANZ
- 16.3.1.4. Rest of SAP
- 16.3.2. By Product Type
- 16.3.3. By Application
- 16.3.4. By End-Use
- 16.4. Market Attractiveness Analysis
- 16.4.1. By Product Type
- 16.4.2. By Application
- 16.4.3. By End-Use
- 16.4.4. By Country
17. Middle East and Africa Market Analysis 2019-2023 and Forecast 2024-2033
- 17.1. Introduction
- 17.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 17.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 17.3.1. By Country
- 17.3.1.1. GCC Country
- 17.3.1.2. Turkey
- 17.3.1.3. South Africa
- 17.3.1.4. Rest of MEA
- 17.3.2. By Product Type
- 17.3.3. By Application
- 17.3.4. By End-Use
- 17.4. Market Attractiveness Analysis
- 17.4.1. By Product Type
- 17.4.2. By Application
- 17.4.3. By End-Use
- 17.4.4. By Country
18. Key and Emerging Countries Market Analysis
- 18.1. Introduction
- 18.1.1. Market Value Proportion Analysis by Key Countries
- 18.1.2. Global vs Country Growth Comparison
- 18.2. U.S. Market Analysis
- 18.2.1. By Product Type
- 18.2.2. By Application
- 18.2.3. By End-Use
- 18.3. Canada Market Analysis
- 18.3.1. By Product Type
- 18.3.2. By Application
- 18.3.3. By End-Use
- 18.4. Brazil Market Analysis
- 18.4.1. By Product Type
- 18.4.2. By Application
- 18.4.3. By End-Use
- 18.5. Mexico Market Analysis
- 18.5.1. By Product Type
- 18.5.2. By Application
- 18.5.3. By End-Use
- 18.6. Germany Market Analysis
- 18.6.1. By Product Type
- 18.6.2. By Application
- 18.6.3. By End-Use
- 18.7. Italy Market Analysis
- 18.7.1. By Product Type
- 18.7.2. By Application
- 18.7.3. By End-Use
- 18.8. France Market Analysis
- 18.8.1. By Product Type
- 18.8.2. By Application
- 18.8.3. By End-Use
- 18.9. U.K. Market Analysis
- 18.9.1. By Product Type
- 18.9.2. By Application
- 18.9.3. By End-Use
- 18.10. Spain Market Analysis
- 18.10.1. By Product Type
- 18.10.2. By Application
- 18.10.3. By End-Use
- 18.11. BENELUX Market Analysis
- 18.11.1. By Product Type
- 18.11.2. By Application
- 18.11.3. By End-Use
- 18.12. Russia Market Analysis
- 18.12.1. By Product Type
- 18.12.2. By Application
- 18.12.3. By End-Use
- 18.13. China Market Analysis
- 18.13.1. By Product Type
- 18.13.2. By Application
- 18.13.3. By End-Use
- 18.14. Japan Market Analysis
- 18.14.1. By Product Type
- 18.14.2. By Application
- 18.14.3. By End-Use
- 18.15. South Korea Market Analysis
- 18.15.1. By Product Type
- 18.15.2. By Application
- 18.15.3. By End-Use
- 18.16. India Market Analysis
- 18.16.1. By Product Type
- 18.16.2. By Application
- 18.16.3. By End-Use
- 18.17. ASEAN Market Analysis
- 18.17.1. By Product Type
- 18.17.2. By Application
- 18.17.3. By End-Use
- 18.18. ANZ Market Analysis
- 18.18.1. By Product Type
- 18.18.2. By Application
- 18.18.3. By End-Use
- 18.19. GCC Countries Market Analysis
- 18.19.1. By Product Type
- 18.19.2. By Application
- 18.19.3. By End-Use
- 18.20. Turkey Market Analysis
- 18.20.1. By Product Type
- 18.20.2. By Application
- 18.20.3. By End-Use
- 18.21. South Africa Market Analysis
- 18.21.1. By Product Type
- 18.21.2. By Application
- 18.21.3. By End-Use
19. Market Structure Analysis
- 19.1. Market Analysis by Tier of Companies
- 19.2. Market Concentration
- 19.3. Market Share Analysis of Top Players
- 19.4. Market Presence Analysis
20. Competition Analysis
- 20.1. Competition Dashboard
- 20.2. Competition Benchmarking
- 20.3. Key Developments & Strategies Undertaken by Leading Players
- 20.4. Company Profile
- 20.4.1. Bergen Pipe Supports
- 20.4.1.1. Overview
- 20.4.1.2. Product Portfolio
- 20.4.1.3. Sales Footprint
- 20.4.1.4. Strategy Overview
- 20.4.2. Piping Technology and Products Inc.
- 20.4.2.1. Overview
- 20.4.2.2. Product Portfolio
- 20.4.2.3. Sales Footprint
- 20.4.2.4. Strategy Overview
- 20.4.3. Rilco
- 20.4.3.1. Overview
- 20.4.3.2. Product Portfolio
- 20.4.3.3. Sales Footprint
- 20.4.3.4. Strategy Overview
- 20.4.4. Sany ACS (Anvil)
- 20.4.4.1. Overview
- 20.4.4.2. Product Portfolio
- 20.4.4.3. Sales Footprint
- 20.4.4.4. Strategy Overview
- 20.4.5. Kinetic Energy (KEKSA)
- 20.4.5.1. Overview
- 20.4.5.2. Product Portfolio
- 20.4.5.3. Sales Footprint
- 20.4.5.4. Strategy Overview
- 20.4.6. Carpenter and Peterson Inc.
- 20.4.6.1. Overview
- 20.4.6.2. Product Portfolio
- 20.4.6.3. Sales Footprint
- 20.4.6.4. Strategy Overview
- 20.4.7. National Pipe Hanger
- 20.4.7.1. Overview
- 20.4.7.2. Product Portfolio
- 20.4.7.3. Sales Footprint
- 20.4.7.4. Strategy Overview
- 20.4.8. Delta Machinee
- 20.4.8.1. Overview
- 20.4.8.2. Product Portfolio
- 20.4.8.3. Sales Footprint
- 20.4.8.4. Strategy Overview
- 20.4.9. PHS
- 20.4.9.1. Overview
- 20.4.9.2. Product Portfolio
- 20.4.9.3. Sales Footprint
- 20.4.9.4. Strategy Overview
- 20.4.10. PHD Manufacturing
- 20.4.10.1. Overview
- 20.4.10.2. Product Portfolio
- 20.4.10.3. Sales Footprint
- 20.4.10.4. Strategy Overview
- 20.4.11. CTS Industries
- 20.4.11.1. Overview
- 20.4.11.2. Product Portfolio
- 20.4.11.3. Sales Footprint
- 20.4.11.4. Strategy Overview
- 20.4.12. NEFCO
- 20.4.12.1. Overview
- 20.4.12.2. Product Portfolio
- 20.4.12.3. Sales Footprint
- 20.4.12.4. Strategy Overview
- 20.4.13. Bayport Valve
- 20.4.13.1. Overview
- 20.4.13.2. Product Portfolio
- 20.4.13.3. Sales Footprint
- 20.4.13.4. Strategy Overview
- 20.4.14. Globe Pipe Hanger Products Incorporated
- 20.4.14.1. Overview
- 20.4.14.2. Product Portfolio
- 20.4.14.3. Sales Footprint
- 20.4.14.4. Strategy Overview
- 20.4.15. Elite Components
- 20.4.15.1. Overview
- 20.4.15.2. Product Portfolio
- 20.4.15.3. Sales Footprint
- 20.4.15.4. Strategy Overview
21. Assumptions and Acronyms Used
22. Research Methodology