Roll Groovers Market Size, Share, Growth and Industry Analysis by Type (Hydraulic Type, And, Manual Type) By Application (Machinery Industry, Pipe Processing, And, Others), Regional Forecast To 2031

Updated On: 08 April 2024

Roll Groovers Market REPORT OVERVIEW

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The global roll groovers market size is expanded rapidly in 2022 and market is expected to generate substantial revenue by 2031, exhibiting a high compound annual growth rate (CAGR) from 2022 to 2031.

A roll groover help in pressing the rollers into the surface of a pipe. This in turn forms a groove that reshapes material. They are highly suitable for in-field applications. There are different varieties of roll groovers available in the market. These equipments help in joining two pipes mechanically.

Roll grooving equipments are very prominently used in plumbing industry. This is because they can easily drill holes into pipes and join them with minimal efforts.  This is considered as the latest trend in the market.   

Roll grooving equipments are used in many sectors due to their versatility. They have the ability to join pipes very efficiently. Vibrations can also be reduced due to these equipments.   Electronic groovers are also being introduced in the market. These factors collectively propel the roll groovers market growth.

COVID-19 impact: Poor Performance of Plumbing Industry Reduced Market Growth

The pandemic of COVID-19 severely affected the operations of most of the markets across the world. The same situation was faced by the plumbing industry. Rising death cases, recession rates, and disruption in the supply of raw materials created a lot of problems for all the sectors.

Plumbing industry, requires the employment of skilled workforce. Several equipments are required. Manufacturing departments of all the industries had to halt their operations temporarily. This brought down the plumbing market. Roll groovers are prominently used in plumbing sector to mechanically fix two pipes together. As a result, the roll groovers market share also declined.

LATEST TRENDS

"Ease of Joining Two Pipes Together with Roll Groovers to Increase Market Growth"

Manually joining two pipes can be a very difficult task and requires a lot of effort as well as time. However, using a roll groover can reduce the difficulty of joining two pipes.  When compared to other methods like flanging, welding, and threading using a roll groover is considered much more efficient.

These equipments provide a very feasible method of creating grooves in pipes. Initially this mechanical apparatus was limited only for thin-wall and light pipes. But with many developments in that have been made roll groovers can also be suitable tick walls. This is considered as the latest trend in the market.

Roll Groovers Market SEGMENTATION

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• By Type:

The market can be divided on the basis of type into the following segments:

Hydraulic type, and, manual types. The hydraulic type segments is anticipated to dominate the market during the forecast period.

• By Application:

Classification based on application into the following segment:

Machinery industry, pipe processing, and, others. The machinery industry segment is predicted to dominate the market during the research period.

DRIVING FACTORS

"High Demand for Roll Groovers from Construction Industry to Accelerate Market Growth"

Recently, the construction sector is growing due to many projects being taken up by different countries. Construction industry requires many raw materials like bricks, cement, mud, tiles, and pipes. With the rapid development of construction sector demand for roll groovers have also increased.

Increasing construction activities in both commercial and residential areas is expected to fuel the market growth and development. Builders make use of roll groovers because they provide several benefits like rigid and flexible coupling, and allow easy maintenance. Along with this, manufacturers are bringing about many innovations in these groovers. Groovers with electrical components are being introduced. Electrical groovers are being introduced as they are much more efficient and provide easy maneuverability. All of these factors are accelerating the market growth.

"Growing Need for Groovers in Wastewater Treatment Industry to Propel Market Growth "

With the development of construction industry, many metropolitan cities are getting established. Increasing population and urbanization has increased the need for, maintaining a proper drainage system. It is very crucial to maintain a proper drainage system in order to ensure cleanliness, and avoid the breakout of any diseases.

To maintain an efficient drainage system the piping system has to be constructed properly. Roll groovers are very helpful in building a good piping system. This has increased the usage of these groovers in wastewater management industry. Also, these groovers help in reducing any kind of vibrations due to seismic movements. All of these factors have helped in the growth and development of the market.

RESTRAINING FACTOR

"Usage of Roll Groovers on Rental Basis to Bring Down Market Growth"

Roll groovers are used in plumbing activities, in construction industry, and wastewater management sector as well. These mechanical equipments are highly suitable for industrial purposes but they are not used in the commercial sector to that extent.

In most of the situations, these equipments are not purchased. Some industries and companies rent or lease roll groovers rather in purchasing them as it can prove to be more economical. Furthermore, the presence of many key industry players in both regional and international level can negatively affect the market.  This can drastically bring down the share of the market.

Roll Groovers Market Regional Insights

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"North America to Dominate Market in Upcoming Years"

North America is predicted to occupy the largest share in the market. This can be attributed to the booming construction market in North America. The construction industry in America accounts for almost one-fourth of the construction market in the entire world. This has created lucrative growth opportunities for the groovers market.

Increasing awareness of people and several initiatives taken up the government to maintain a proper drainage system is increasing the demand for rolling groovers. Several industries manufacturing rolling groovers are concentrated in this region. All of these factors have increased the market share in North America.

Key Industry Players

Leading Players adopt Acquisition Strategies to Stay Competitive

Several players in the market are using acquisition strategies to build their business portfolio and strengthen their market position. In addition, partnerships and collaborations are among the common strategies adopted by companies. Key market players are making R&D investments to bring advanced technologies and solutions to the market.

List of Market Players Profiled

• REED (U.K.)
• Wheeler-Rex (U.S.)
• RIDGID (U.S.)
• Copier (U.S.)
• RR Bramley & Co Ltd (New Zealand)
• PipeMan Products (U.S.)
• ROTHENBERGER (Germany)
• Florida Pneumatic Manufacturing Corporation (U.S.)

Report Coverage

The report provides an insight into the industry from both the demand and supply sides. Further, it also gives information on the impact of COVID-19 on the market, the driving and the restraining factors along with the regional insights. Market dynamic forces during the forecast period have also been discussed for the better understanding of the market situations. Name of some of the top industry players have also been mentioned in the market to get a better understanding of the competition present in the market.