Press release
Pipe Hangers & Supports Market Research Report
The global Pipe Hangers & Supports market was valued at US$ 1467 million in 2022 and is anticipated to reach US$ 1990.1 million by 2029, witnessing a CAGR of 4.4% during the forecast period 2023-2029.The Pipe Hangers & Supports market covers Pipe Hangers, Pipe Supports, etc. The typical players include Hill & Smith Holdings, Eaton (B-Line),Anvil International, Globe Pipe Hanger Products, LISEGA SE, LISEGA SE, etc.
Pipe Hanger & Support is a designed element that transfer the load from a pipe to the supporting structures. The load includes the weight of the pipe proper, the content that the pipe carries, all the pipe fittings attached to pipe, and the pipe covering such as insulation. The four main functions of a pipe support are to anchor, guide, absorb shock, and support a specified load. Pipe supports used in high or low temperature applications may contain insulation materials. The overall design configuration of a pipe support assembly is dependent on the loading and operating conditions.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Pipe Hangers & Supports key players include Hill & Smith Holdings, Piping Technology & Products (PTP), Eaton (B-Line), Anvil International, Globe Pipe Hanger Products, etc. Global top five manufacturers hold a share over 15%.
Asia-Pacific is the largest market, with a share about 35%, followed by Americas and Europe, both have a share about 60 percent.
In terms of product, Pipe Hangers is the largest segment, with a share about 80%. And in terms of application, the largest application is Industrial Applications, followed by Commercial Applications.
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Report Scope
This report aims to provide a comprehensive presentation of the global market for Pipe Hangers & Supports, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Pipe Hangers & Supports.
The Pipe Hangers & Supports market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Pipe Hangers & Supports market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Pipe Hangers & Supports manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
Segment by Type
Pipe Hangers
Pipe Supports
Segment by Application
Industrial Applications
Commercial Applications
Residential Applications
Others
Production by Region
North America
Europe
China
India
Consumption by Region
North America (United States, Canada)
Europe (Germany, France, UK, Italy, Russia)
Asia-Pacific (China, Japan, South Korea, Taiwan)
Southeast Asia (India)
Latin America (Mexico, Brazil)
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