Global Swivel Couplers Market Set to Reach USD 584.87 Million by 2033 with a 5.3% CAGR

Swivel Couplers Market
Swivel Couplers Market

The global swivel couplers market is expected to grow steadily, reaching USD 584.87 million by 2033 with a CAGR of 5.3% from 2023 to 2033. Valued at USD 348.96 million in 2023, the market’s expansion is primarily fueled by increasing construction activities and growth in the fabrication sector.

Swivel couplers, typically made from metals and alloys, connect pipes to form truss structures, playing a critical role in plumbing systems by preventing leaks and enhancing structural load-bearing capacities. Their strength and durability make them essential in establishing robust frameworks.

The market outlook remains positive, supported by the rising demand in global construction, particularly in both residential and non-residential sectors. The affordability of materials and ease of installation further drive their adoption. Swivel couplers are also increasingly used in various industries, including incineration and industrial washing equipment, where they contribute significantly to operational efficiency. Consequently, the demand for swivel couplers is anticipated to increase throughout the forecast period.

Key Takeaways:

  • Rising construction and fabrication industries to boost market possibilities.
  • Lack of awareness and low product replacement rate may hamper the market.
  • Swivel couplers market in North America to account for 18% of the market share.
  • Europe swivel couplers market is expected to be one of the largest markets over the assessment period, currently accounting for 29% market share.
  • Start-up ecosystem has a positive outlook within the swivel couplers market.

Competitive Landscape

Supertek Scafform, XSF Xtreme Structures & Fabrication, Musson Theatrical, Inc., Scaffco, ScaffoldMart, Thiel United BV., Prajapati Tubes Pvt. Ltd., Theatrixx Technologies, Inc., HAKI AB, and Doughty Engineering Ltd. among others are some of the major players in the swivel coupler market that are profiled in the full version of the report.

Due to increasing emphasis being laid on quality control, major market players are focusing on various ways to further enhance the production process. Many businesses within the market are concentrating on collecting real-time data beginning with raw material collection to the final product so that they can improve on the quality of the production process and the product. This will also have a positive influence on customer relations as they would have a clear idea of the process.

Key Segments Profiled In the Swivel Couplers Market Survey

By Product Type:

  • Pressed Swivel Couplers
  • Forged Swivel Couplers
  • Others

By Load Capacity:

  • Upto 1100 lbs
  • 1100-2300 lbs
  • above 2300 lbs

By End Use:

  • Construction industry
  • Manufacturing & Fabrication industry
  • Water Works
  • Others

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • MEA
  • Europe

Report Preview:  https://www.futuremarketinsights.com/reports/swivel-couplers-market  

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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