Machinery & Equipment report: Status and future development trend of Modular Pipe Rack

According to our (Global Info Research) latest study, the global Modular Pipe Rack market size was valued at US$ xx million in 2022 and is forecast to a readjusted size of USD xx million by 2029 with a CAGR of xx% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

This report is a detailed and comprehensive analysis for global Modular Pipe Rack market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Modular pipe racks are basically pre-designed pipe support frames and fabricated in modules on site. These modules are then shipped in pieces for assembly on site. Modular pipe racks allow units to be built in parallel at a dedicated fabrication facility while the main site is under construction. This is one of the main ways that modular pipe racks allow projects to be completed faster. Before this modular construction technique could be developed, plant construction needed to be at a mature stage to build pipe racks. This meant that there needed to be a foundation and the required major structural elements to allow crews to be on site to complete the pipe racks. Using modular pipe racks, major components can be produced in an off-site fabrication shop while foundations and facilities are being built. After the pipe frame is completed at the factory, it can be transported to the installation site for assembly.

This report provides the 2018-2029 market data review and forecast by Type, by Application, and by region & country.

The report considers 2022 as the base year. All calculations involving quantitative data are based on 2022. The values represented in the report are actual values for 2022, whereas the values are estimated for the period 2023–2029.

Market segment by Type: Aluminum Pipe Rack, Steel Pipe Rack

Market segment by Application: Industry, Energy, Oil and Gas, Others

Major players covered: BeeWaTec, Bridge Brothers, Bullard, CIC Group, ConXtech, EPIC Process Systems, Greenberry, HALFEN, Komarine, Laker-vent, Lauren Engineers & Constructors, Mecwide Group, Nippon Steel, Olson Steel, SafeRack, Tubacex

Market segment by region, regional analysis covers: North America (United States, Canada, and Mexico), Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe), Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia), South America (Brazil, Argentina, Colombia, and Rest of South America), Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)