Global Mandrel Bars Market- Industry Analysis and forecast 2020 – 2027

Global Mandrel Bars Market size was valued US$ XX Mn. in 2019 and the total revenue is expected to grow about 4.5% from 2020 to 2027, reaching nearly US$ XX Mn.

Global Mandrel Bars Market: Overview

Mandrel Bar is used as a tool to produce seamless steel pipes which are large in diameter. This manufacturing of seamless steel pipes uses modern technology. Because of the rolling process of manufacturing method, the mandrel has to stand with large and complex stretching, thermal fatigue occurring due to high temperature to provide some characteristic like mechanical properties, chemical composition, grain size, non-metallic inclusion, microstructure, dimensional accuracy, ultrasonic testing, roughness and other are important.

Most of the steel industries use Mandrels Bars supplied by Mandrel Manufacturers. The growth of mandrel bars is anticipated to grow with the growth of steel industries during the forecast period. Moreover, the mandrel is used in some end-user industries such as energy and power industry, Oil and Gas Industry, Food and Beverage industry, and in defense industry.

Global Mandrel Bars Market: Type

The Global Mandrel Bars Market is segmented by Type into Less Than or Equal To 200 mm and Greater Than 200 mm. The Less Than or Equal to 200 mm is the largest segment. Owing to the application of this seamless pipes in hydraulic system. Less than 200mm is the major segment for these seamless pipes, thus resulting in increasing demand for Global Mandrel Bar Market.

Global Mandrel Bars Market: Drivers and Restraints

Increasing industrialization and availability of tooling method are increasing market of mandrel market. Hydraulic power units are widely used in industrial application also in automotive application. For manufacturing of circuit of hydraulic system, seamless pipes are used. For manufacturing of these pipes mandrel bars are needed.

Some gas vessels are also manufactured by this method that needs high mechanical advantages for their high-pressure carrying capacity. This is expected to drive Global Mandrel Market.

Increasing Automation and electrical equipment capability to perform hydraulic unit task will reduce the use of hydraulic unit which directly impacts Global Mandrel Bars demand.

Global Mandrel Bars Market: Regional Overview

The Global Mandrel Bars Market is segmented region-wise into Asia Pacific, North America, Europe, South America, and Middle East & Africa. Asia Pacific region has dominance over the mandrel bar market owing to the larger manufacturing units of steel companies and also vast numbers of food and beverage industries. The mandrels bars are also used in oil and gas industries, this is also expected to grow market in Asia Pacific region as exploration activities are carried out in this region. North America is the second largest region in the Global Mandrel Bar market followed by Europe.

Global Mandrel Bars Market: Segmentation

The Global Mandrel Bars Market is segmented by Type (Less Than or Equal To 200 mm, Greater Than 200 mm), Application (Machinery, Others) and Region (North America, Europe, Middle East & Africa, South America, Asia Pacific).

The report also helps in understanding Mandrel Bars Market dynamics, structure by analyzing the market segments and projects the Mandrel Bars Market size. Clear representation of competitive analysis of key players by Power range, price, financial position, Product portfolio, growth strategies, and regional presence in the Mandrel Bars Market make the report investor’s guide.
Scope of the Mandrel Bars Market

Mandrel Bars Market, by Type

● Less Than or Equal To 200 mm
● Greater Than 200 mm
Mandrel Bars Market, by Application

● Machinery
● Others
Mandrel Bars Market, by Region

● Asia Pacific
● North America
● Europe
● South America
● Middle East & Africa
Key players operating in Mandrel Bars Market

● Aubert & Duval
● Cogne Acciai Speciali
● China South Industries Group Corporation
● Schmolz+Bickenbach

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