The global pipeline strainers market has the potential to grow by USD 550.69 million during 2020-2024, and the market's growth momentum will accelerate throughout the forecast period because of the steady increase in year-over-year growth.
This report provides a detailed analysis of the market by application (industrial, commercial, and residential) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market's competitive landscape and offers information on several market vendors, including Armstrong International Inc., Eaton Corp. Plc, Hayward Industries Inc., IFC Islip Flow Controls Inc., Keckley Co., OCK Engineers, Parker-Hannifin Corp., Sri Venkat Engineers, Watts Water Technologies Inc., and Weamco Inc.
Market Overview
Browse TOC and LoE with selected illustrations and example pages of pipeline strainers market
Request a FREE sample now!
Market Competitive Analysis
The pipeline strainers market is currently fragmented, and the degree of fragmentation will increase during the forecast period. Market vendors are increasingly adopting advanced materials for pipeline strainer manufacturing to increase their lifespan and decrease the maintenance cost. Armstrong International Inc., Eaton Corp. Plc and Hayward Industries Inc. are a few of the major market participants. Although the increasing adoption of automatic strainers will offer immense growth opportunities to vendors, the vulnerability to erosion and corrosion will challenge the growth of many. To increase their pipeline strainers market share, companies should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this pipeline strainers market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market's competitive landscape and provides information on the products offered by various companies. Moreover, this pipeline strainers market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading pipeline strainers manufacturers, including:
- Armstrong International Inc.
- Eaton Corp. Plc
- Hayward Industries Inc.
- IFC Islip Flow Controls Inc.
- Keckley Co.
- OCK Engineers
- Parker-Hannifin Corp.
- Sri Venkat Engineers
- Watts Water Technologies Inc.
- Weamco Inc.
Pipeline Strainers Market: Segmentation by Region
For more insights on the market share of various regions Request for a FREE sample now!
APAC was the largest market for pipeline strainers in 2019, and the region will continue to offer the maximum growth opportunities to market vendors during the forecast period. Increasing investments in oil and gas, power generation, and chemical industries and rising preference for high-rise residential buildings in India are some of the significant factors contributing to the pipeline strainers market growth in this region.
Over 33% of the market's growth will originate from APAC during the forecast period. China and India are the key markets for pipeline strainers in APAC. Market growth in this region will be faster than the growth of the market in other geographies.
Pipeline Strainers Market: Segmentation by Application
Request for a FREE sample and get more information on the market contribution of various application segments
Pipeline strainers are widely used in various end-user industries, including oil and gas, water and wastewater, chemicals, power generation, food and beverages, and paper and pulp industries. Rising investments in new industrial projects or expansion projects will increase the number of pipeline construction activities, consequently boosting the demand for pipeline strainers from the industrial segment.
Market growth by the industrial segment will be faster than the growth of the market by the commercial and residential segments. This report provides an accurate prediction of the contribution of all the segments to the growth of the pipeline strainers market size.
Pipeline Strainers Market: Key Drivers and Trends
The increasing adoption of automatic strainers has been identified as one of the significant factors driving the growth of the pipeline strainers market. The flow of fluid must be halted to clean permanent strainers, as these kinds of strainers are fitted between pipelines wherein fluids keep flowing continuously. This has driven pipeline strainer manufacturers to develop automatic strainers that have self-cleaning mechanisms. For instance, automatic self-cleaning strainers offered by Eaton include tubular backwashing and mechanical cleaning technologies. Hellan Strainer Co. is also offering automatic strainers equipped with electric motor-driven rotating screen and rigid scraper bar that helps in cleaning strainers. Although the cost of automatic strainers is higher than regular pipeline strainers, low maintenance costs and improvement in efficiency of fluid flow process provided by these strainers will boost their adoption among end-users. These factors are expected to fuel the pipeline strainers market growth during the forecast period.
- The emergence of IoT for pipeline management has been identified as one of the critical pipeline strainers market trends.
- The concept of IoT-based pipeline management systems is gaining traction, especially in the oil and gas industry.
- Pipelines in the oil and gas industry are highly prone to structural failures, such as corrosion, cracks, leakages, erosion, and debonding.
- This has boosted the demand for IoT-based pipeline management systems that enable real-time monitoring of pipelines in the oil and gas industry.
- The development of industrial machines, such as compressors, pumps, industrial robots, and machine tools with IoT features will further support this trend of IoT-based pipeline management.
- This trend is expected to have a positive impact on the sales of pipeline components, including valves and strainers, which will drive the market growth over the coming years.
- During 2020-2024, the pipeline strainers market will grow at a CAGR of almost 3%.
Request for a FREE sample now!
Pipeline Strainers Market: Key Highlights of the Report for the Forecast Period 2020-2024
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will accelerate the growth of the pipeline strainer market during the next five years
- Precise estimation of the global pipeline strainers market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the pipeline strainers industry across APAC, Europe, MEA, North America, and South America
- A thorough analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of pipeline strainers vendors
We can help! Our analysts can customize this report to meet your requirements. Get in touch