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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.
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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:
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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.
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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.
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.
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