Mandrel bars are one of the key pieces of tooling required during the production of seamless tubes and pipes. Mandrel bars support the tube shell internally during elongation and wall thickness reduction. Mandrel bars help in determining the shape of the inner tube surface. A good tooling setup is necessary to achieve a perfect bend. Mandrel bars can be either circular or cubical in shape.
Mandrel Bars Market – Competitive Landscape
The mandrel bars market is fragmented with the presence of many key players as well as numerous small and medium sized players worldwide. The market is highly dependent on the demand from the steel industry which in turn depends on various end-use industries such as oil & gas, energy and power, automobile industry, and medical industry.
Deutsche Edelstahlwerke Services GmbH
Deutsche Edelstahlwerke Services GmbH is a German company specialized in manufacturing mandrel bars. The company also provides tool steels, stainless steel, high grade structure steels etc.
Cogne Acciai Speciali Spa
Established in the year 1994, Cogne Acciai Speciali Spa is an Italian company specialized in manufacturing of mandrel bars of different shapes. The company has strong presence in Europe, Southeast Asian countries, and North and South America.
Planning to lay down future strategy? Perfect your plan with our Report Brochure
API Engineering is an U.K. based company specialized in manufacturing a wide range of products for heavy engineering industries. The company over the past 15 years manufactured more than 1000 mandrel bars across steel mills worldwide.
Aubert & Duval
Established in the year 1907, Aubert & Duval is a specialist in metallurgy. The company designs and develops high performing steel, super alloy, aluminum and titanium parts etc. The company has strong presence in Europe and parts of Asia, North America, and South America.
The China Ordnance Equipment Group Corporation
Established in the year 1999, The China Ordnance Equipment Group Corporation is a manufacturer of automobile, fire arms, vehicle components, and optical electronic products. The company has presence in Malaysia, Vietnam, Iran, and Ukraine.
Other Prominent Players
Apart from these key players, other players associated with the manufacturing of mandrel bars include AMK Metallurgical Machinery Group Co., Ltd., Hunger Hydraulics C.C., Ltd., Henan Zhongyuan Roller Shaft Co., Ltd. etc.
Mandrel bars Market – Dynamics
Mandrel bars market is anticipated to grow with growth in the steel industry
Most mandrel bars manufacturers supply their products to the steel industry. With growth in the steel industry, demand for mandrel bars is anticipated to rise during the forecast period. Furthermore, the demand for mandrel bars is increasing in various end-use industries such as oil & gas, energy and power, food and beverage, and defense and transportation service. Thus, with growing demand from end-use industries, growth of the mandrel bars market is anticipated to rise during the forecast period.
Volatility of raw material prices hinders the growth of the market
Volatility in raw material prices for the construction of mandrel bars is one of the restraining factors for the growth of the mandrel bars market.
Looking for exclusive market insights from business experts? Request a Custom Report
Mandrel Bars Market – Segmentation
On the basis of product type, the mandrel bars market can be divided into:
- Wire Rods
- Round Bars
- Square Bars
- Others (Square billet, blooms etc.)
In terms of application, the mandrel bars market can be classified into:
- Oil & Gas
- Food & Beverage
- Others (Defense, Healthcare etc.)
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.