Engineering Pipe Hanger and Support Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2033

Description

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

Product Code: PMRREP32891

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