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Global Butt Fusion Welding Machine Market is Projected to Reach US$ 214.3 Mn by 2023

Author: QYResearch | Publish date: 2018-08-18 | Views: 42
New report published by QY Research which offers insights on the global Butt Fusion Welding Machine market. The Butt Fusion Welding Machine market has been experiencing steady growth graph since past years. During the 2018-2023 timeline, the global market for Butt Fusion Welding Machine is expected to reflect an obviouse increase in the revenue growth. In 2017 the global Butt Fusion Welding Machine market was valued at US$ 153.9 Mn and by the end of the assessment year (2023), it is estimated to touch a value more than US$ 214.3 Mn growing at a value CAGR of 5.14% throughout the period of forecast.

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Global Butt Fusion Welding Machine Market: Market Driver and Restraint

Pipe fusion is popular across numerous applications due to its ability to conform to so many environments, conditions, and budgets. The product is for butt fusion joining of PE pipe produced in accordance with the industry standards intended for butt fusion. Pipe joining for gas, water distribution, wastewater, industrial, irrigation, mining, etc. It has become more popular over the last 20 years.


Global Butt Fusion Welding Machine Market: Forecast by Type

Manual, automatic and semi-automatic butt fusion machines are available to hire or purchase from a number of suppliers in the market. Automatic machines feature electro-hydraulic controlled pipe clamps, trimmer and heater plate, with full data recording of weld parameters. Semi-automatic machines offer some of the benefits of auto joining, with optional data logging facilities. Semi-automatic butt fusion machines segment is expected to remain dominant in the global Butt Fusion Welding Machine market throughout the forecast period.


Global Butt Fusion Welding Machine Market: Forecast by Application

Application segment consists of Oil & Gas, Water Supply, Chemical Industry and others. Oil & Gas segment is estimated to account for a more insignificant revenue/volume share in 2023.


Global Butt Fusion Welding Machine Market: Forecast by Region

North America, Europe, APAC, South America and MEA are the five regions that are included in this report. Asia-Pacific is the dominant market in the global Butt Fusion Welding Machine market in terms of value/volume. The Asia-Pacific market is expected to expand at a robust rate in terms of revenue over the forecast period due to the steadily increasing market demand in this region.


Global Butt Fusion Welding Machine Market: Key Players

Group, Rothenberger, RITMO, SAURON, SINWINCO, Georg Fischer, Kennees, Fusion Utilities, Hiweld, Mcelroy, Hy-Ram Engineering, Acuster Bahisa, Wuxi Baoda and Hangzhou Huanzhong are the key vendors included in this report.


Click to view the full report TOC, figure and tables

https://www.qyresearch.com/index/detail/659708/global-butt-fusion-welding-machine-market




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