Tubing Cutter Market: Global Industry Analysis and Forecast (2022-2027) by Type, Pipe Material, Application, Distribution Channel, and Region

Tubing Cutter Market size was valued at US$ 16.99 Bn. in 2021 and the total revenue is expected to grow at a CAGR of 6.20% through 2022 to 2027, reaching nearly US$ 24.37 Bn.
Tubing Cutter Market Overview:
The Tubing Cutter Market is expected to reach US$ 24.37 Bn. by 2027. Tube cutters are used to cut tubes to a particular length. Tube cutters are also called pipe cutters. Tube cutters are typically used by mechanics and serious DIYers, so knowing how to use one can be useful. Ratchet Tube Cutters, Three way Tube Cutters, Power Tube Cutters, Wheel Tube Cutters, Pivot Joint Tube Cutters, Trigger Tube Cutters, Soil, and Drain Tube Cutters are the types of the tubing cutter. Steel & Stainless Steel, Plastic & Multilayer, Copper & Aluminum are some of the types of pipe materials for the tubing cutter.



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Tubing Cutter Market Dynamics:
Tube cutters are tools that are used to slice or cut pipelines. Tubes Cutters are often used by plumbers because of their dependability and effectiveness. In addition to providing clean, professional-quality cuts, tube cutters are frequently more convenient, rapid, and simple to operate than alternatives such as hacksaws. These are the factors that are expected to drive the growth of the tubing cutter market during the forecast period.

Constructions growth is also one of the major key factors driving the growth of the Tubing Cutter Market since the increase in the number of houses will ultimately increase the demand for tubes used in construction.

As the population and urbanization increase, more pipes are being used by the residential and commercial sectors for transporting fresh water and wastewater. Gas pipelines are being used in the residential and commercial sectors, which has also contributed to the growth of the pipe industry on a large scale. Pipes are installed, maintained, and replaced regularly, and tubing cutters are used to do the work. As technology advances, different tubes cutters and laser cutters have been developed, resulting in automated and precise cutting of pipes, which is an opportunity for the Global Tubing Cutter Market.

Globally, Tube cutters are manufactured by a large number of companies, which has created competition and forced tube cutters’ prices upward. These are the major restraints that are expected to hamper the growth of the tubing cutters market during the forecast period.
Tubing Cutter Market Segment Analysis:
Based on the Type, the market is segmented into Ratchet Tube Cutters, Three way Tube Cutters, Power Tube Cutters, Wheel Tube Cutters, Pivot Joint Tube Cutters, Trigger Tube Cutters, Soil, and Drain Tube Cutters. Three way Tube Cutters segment is expected to hold the largest market share of xx% by 2027. Tube cutters with three slots can cut tubing of three different sizes. By squeezing both handles together, the user creates a cut. It works similarly to a ratchet tube cutter. With slots that are shaped for specific tube sizes, the cutter prevents any warping while cutting. In order to avoid damages caused by warping, the three-way Tube Cutter is ideal for hard plastic tubings, such as acrylic and PVC, or thicker-walled tubing. These are the key factors that are expected to drive the growth of this segment in the tubing cutter market during the forecast period.

The Ratchet Tube Cutters segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2022-2027. Working with PVC pipe requires the use of PVC ratchet tube cutters. When you compress your hand as you are using a set of ratcheting shrub pruners, the cutter ratchets closed, cutting a small bit of pipe material until you have cut through the pipe.

Based on the Pipe Material, the market is segmented into Steel & Stainless Steel, Plastic & Multilayer, Copper & Aluminum, and Others. Steel & Stainless Steel pipe material segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2022-2027. This is due to the growing demand for steel & stainless steel pipe material in the manufacturing of tubing cutters as Steel & Stainless Steel pipe material offers lots of benefits. Extreme temperatures are no match for stainless steel. By combining diverse materials with stainless steel, thinner pipe walls and less material are possible, resulting in a lighter end product that is appropriate for a variety of commercial and industrial applications.

Stainless steel pipes are popular because of their corrosion resistance. Its low maintenance, recognizable shine, and resilience make it a great choice for many installations that require both steel strength and rust and corrosion resistance.

Based on the Application, the market is segmented into Piping systems - Residential & Commercial Buildings, Industrial Plumbing, Waste Water Treatment, Fluid or Gas Handling, Heating & Cooling Systems, and others. Piping systems - Residential & Commercial Buildings segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2022-2027. This is due to the rising demand for tubing cutters in the Piping systems - Residential & Commercial Buildings as tubing cutters offer many benefits.
Tubing Cutter Market Regional Insights:
Asia Pacific region is expected to dominate the Tubing Cutter Market during the forecast period 2022-2027. Asia Pacific region is expected to hold the largest market share of xx% by 2027. Tubing Cutter demand has surged in developing countries in the Asia Pacific, such as China, India, and Japan, because of the region's increasing population. Because of growing urbanization, rising household income, and population safety concerns, China is increasing its investment in residential and commercial building design and technological improvement.

The Europe region is expected to grow rapidly at a CAGR of xx% during the forecast period 2022-2027. Government laws and instructions in Europe, such as the Urban Wastewater Treatment Directive, the Drinking Water Directive, and the Water Framework Directive, have made it necessary to transport drinking water and wastewater from the residential, commercial, and industrial sectors through proper pipes, boosting the tubing cutter market in the Europe region during the forecast period.

The North American region is expected to grow rapidly at a CAGR of xx% during the forecast period 2022-2027. This is due to the growing population in North American countries such as the United States, Canada, and Mexico. Also, the increasing demand for tubing cutters in various industries such as Industrial Plumbing, Waste Water Treatment, Fluid or Gas Handling, and Heating & Cooling systems in the region.



The objective of the report is to present a comprehensive analysis of the Global Tubing Cutter Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Global Tubing Cutter Market dynamic, structure by analyzing the market segments and projecting the Global Tubing Cutter Market size. Clear representation of competitive analysis of key players by Technique, price, financial position, product portfolio, growth strategies, and regional presence in the Tubing Cutter Market make the report investor’s guide.
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Global Tubing Cutter Market


Report Coverage
Details


Base Year:
2021
Forecast Period:
2022-2027


Historical Data:
2017 to 2021
Market Size in 2021:
US $ 16.99 Bn.


Forecast Period 2022 to 2027 CAGR:
6.20%
Market Size in 2027:
US $ 24.37 Bn.


 Segments Covered:
by Type
• Ratchet Tube Cutters
• Three way Tube Cutters
• Power Tube Cutters
• Wheel Tube Cutters
• Pivot Joint Tube Cutters
• Trigger Tube Cutters
• Soil and Drain Tube Cutters


by Pipe Material
• Steel & Stainless Steel
• Plastic & Multilayer
• Copper & Aluminum
• Others


by Application
• Piping System - Residential & Commercial Buildings
• Industrial Plumbing
• Waste Water Treatment
• Fluid or Gas Handling
• Heating & Cooling system
• Others


by Distribution Channel
• Online
• Offline



Tubing Cutter Market, by Region
• North America
• Europe
• Asia Pacific
• South America
• Middle East and Africa
Tubing Cutter Market Key Players
• Wheeler Rex
• KNIPEX
• Bosch
• Rothenberger
• Lenox
• Milwaukee Tool
• Bevel Tools
• KLEIN Tools
• Maklta
• RIDGID
• Dewalt
• Huskit Tools
• Indison Tools and Technology
• J. S. Engg Works
• Stnc Pneumatics (India) Private Limited

Frequently Asked Questions:

1] Which region is expected to hold the highest share in the Tubing Cutter Market?
Ans. Asia Pacific is expected to hold the highest share in the Tubing Cutter Market.

2] Who are the top key players in the Tubing Cutter Market?
Ans. Wheeler Rex, KNIPEX, Bosch, Rothenberger, Lenox, Milwaukee Tool, and Bevel Tools are the top key players in the Tubing Cutter Market.

3] Which segment is expected to hold the largest market share in the Tubing Cutter Market by 2027?
Ans. Three-way Tube Cutters segment is expected to hold the largest market share in the Tubing Cutter Market by 2027.

4] What is the market size of the Tubing Cutter Market by 2027?
Ans. The market size of the Tubing Cutter Market is expected to reach US $24.37 Bn. by 2027.

5] What was the market size of the Tubing Cutter Market in 2021?
Ans. The market size of the Tubing Cutter Market was worth US $16.99 Bn. in 2021.