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(IT-NEWSWIRE.COM, February 01, 2019 ) The pipe wrench (US), Stillson wrench or Stillsons (UK) is an adjustable wrench used for turning soft iron pipes and fittings with a rounded surface. The design of the adjustable jaw allows it to lock in the frame, such that any forward pressure on the handle tends to pull the jaws tighter together. Teeth angled in the direction of turn dig into the soft pipe. They are not intended for use on hardened steel hex nuts or other fittings because they would ruin the head; however, if a hex nut is soft enough that it becomes rounded beyond use with standard wrenches, a pipe wrench is sometimes used to break the bolt or nut free. Pipe wrenches are usually sold in the following sizes (by length of handle): 10, 12, 14, 18, 24, 36, and 48 inches, although smaller and larger sizes are available as well. They are usually made of cast steel. Today, aluminum is also used to construct the body of the wrench, while the teeth and jaw remain steel. Teeth, and jaw kits (which also contain adjustment rings and springs) can be bought to repair broken wrenches, as this is cheaper than buying a new wrench.
First, as for the global Pipe Wrenches industry, the industry concentration rate is not high. The top 5 manufacturers have 41.32% sales revenue market share in 2016. The Stanley Black & Decker which has 12.68% market share in 2016, is the leader in the Pipe Wrenches industry. The manufacturers following Stanley Black & Decker are TTI Group and Apex Tool Group, which respectively has 8.18% and 7.37% market share globally.
The Pipe Wrenches market was valued at 670 Million US$ in 2018 and is projected to reach 850 Million US$ by 2025, at a CAGR of 3.0% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Pipe Wrenches.
Access more details about this report at: https://www.themarketreports.com/report/global-pipe-wrenches-market-insights-forecast-to-2025
Key companies profiled in this report are Stanley, Ridgid, Tti Group, Apex Tool Group, Snap-On, Irwin, Reed, Stahlwille, Wiha Tools, Wheeler-Rex and more. Each of this company is profiled in the terms of company basic details, revenue, gross margin, product description, recent developments, etc.
Objectives of Global Pipe Wrenches Market report are:
To analyze global Pipe Wrenches market status and forecast, involving production, revenue, consumption, historical and forecast data
To analyse the key Pipe Wrenches companies and to get details of their production, revenue, market share, and recent development
To get in depth knowledge by segmentation of data into regions, types, manufacturers and applications
To identify the global and key regions market potential, advantage, opportunities, challenges, restraints and risks.
To identify the factors influencing the market like trends, drivers in global and regional aspects
To present the competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
Purchase a copy of this premium research report at: https://www.themarketreports.com/report/buy-now/1293718
Pipe Wrenches Market is categorized on the basis of following product types:
(Each product type is covered in the terms of growth rate, production, revenue, price, forecast, etc)
Small Size (Length≤200 mm)
Medium Size (200 mm Larger Size (Length≥800 mm)
Pipe Wrenches Market is studied for the following applications:
(Each application is covered in the terms of market size growth rate, regional consumption analysis, market share, consumption forecast, etc.)
Small Size (Length≤200 mm)
Medium Size (200 mm Larger Size (Length≥800 mm)
Pipe Wrenches Market: Production Segmentation by Regions covered for followings:
United States
Europe
China
Japan
Other Regions
Pipe Wrenches Market: Consumption Segmentation by Regions covered for followings:
North America (United States, Canada, Mexico)
Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, Philippines, Thailand, Vietnam)
Europe (Germany, France, UK, Italy, Russia, Rest of Europe)
Central & South America (Brazil, Rest of South America)
Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa, Rest of Middle East & Africa)
Inquire further details about this report at: https://www.themarketreports.com/report/ask-your-query/1293718
The Market Reports
Shirish Gupta
+16314071315
web@themarketreports.com
Source: EmailWire.Com 
Source: EmailWire.com
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