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Global Pipeline Strainers Market to Exhibit a Sluggish CAGR of 2.7% Over the Projected Period

Author: QYResearch  |   Published Date: 2020-01-27   |   Views: 144

Los Angeles, January 27, 2020 -Increasing demand for commercial Pipeline Strainers in Power generation, water and sewage, and chemical industry are expected to foster the growth of the market. The global Pipeline Strainers market is expected to gain significant traction according to the newly published report by QY Research titled, Global Pipeline Strainers Market Report, History and Forecast 2014-2025.” The report says, the global Pipeline Strainers market is likely to earn a value of US$ 4.5 Bn by the end of 2025 from previous value worth US$ 3.7 Bn, exhibiting a lethargic CAGR of 2.7% over the projected period i.e. from 2019 to 2025.

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Get PDF sample copy of the report at: https://www.qyresearch.com/sample-form/form/1294441/global-medical-device-industry

Global Pipeline Strainers Market – Key Growth Trends

● Pipelines require filtration to prevent foreign particles from entering the feed resulting in increasing demand for Pipeline Strainers

● Industries such as petroleum, power generation, chemical, and pharmaceutical have largescale applications of Pipeline Strainers  

Increasing Installation of Pipeline Strainers in Chemical Industries to Boost the Growth of the Chemical Segment 

The application segment of the market is classified into Food & Beverage, Chemical, Pharmaceutical, Pulp & Paper, Power, Water, Wastewater, and Other Industries. Pipeline Strainers are increasingly installed in chemical industries to protect pipelines from dirt and debris, which is likely to augment the growth of the Chemical segment. Process filtration systems also ensure free passage of the process feed in the pipelines without disrupting the process. 

The authors of the report have divided the product type segment of the market into Mechanically Cleaned Strainers, Automatic Backwashing Strainers, Standard Cast Strainers, and Others.

Gas Pipeline Upgradation in North America to Propel the Growth of Market

Rising adoption of advanced technologies along with incorporation of SCADA systems particularly in oil and gas industries is expected to propel the growth of the market in North America. The rapid increase in new gas pipelines along with massive gas pipeline up-gradation is likely to boost the growth of the market in the region.

Key Players Keen to Collaborate with IT Companies

Leading companies are keen to incorporate technological advances by collaborating with IT companies to provide innovative solutions. The market players are also keen to reduce operational costs and to expand their profit margins.

The authors of the report offers insights on leading players’ activities in the market. These key players are Parker Hannifin Corporation, Eaton Filtration, Filter Specialists, Krone Filtertechnik, Armstrong International, Watts Water Technologies, Ludemann, Fluidtrol, Apollo valves, CIRCOR Energy, Pelmar Engineering Ltd, Hayward Flow Control, Fil-Trek Corporation, Hellan Strainer, Jamison Products, Metrafelx, Fluid Conditioning Products, Henry Technologies, Viking Pump, Legend valve, Keckley Company, Vee Bee Filtration, Newark Wire Cloth, and Weamco.

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