The carbon steel butt weld fittings are made up of steel which has 2.1% of carbon by weight. This percentage is the reason for making these fittings excellently weldable and formable. The design of butt weld pipe fitting has welded on-site at its ends to connect the pipes and allow a change in direction or pipe diameter, branching, or ending. In the market, there are various types and shapes available. Before purchasing different parameters needs to be considered such as the size of the pipe fittings in diameter, the thickness of the wall to be according to the pressure in the pipes, materials, shape, and many others.
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Why Are Butt Weld Fittings Used More In Industries?
There are various advantages of butt welded fittings in comparison to the socket weld and threaded type of fittings. The butt welded form of pipe is available in different sizes whereas the threaded and socket forms are available only in the 4-inch size.
The butt weld pipe fittings have long radius elbow, concentric reducer, eccentric reducers, and tees, etc. In the industrial pipping system butt carbon steel fittings play an imperative part to change direction, branch off or mechanically join equipment to the system. Butt weld fittings are sold in nominal pipe sizes with a specified pipe schedule. Butt weld fitting’s dimensions and tolerances are defined as per ASME standard B16.9.
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A few of the advantages of carbon steel butt welded fittings include:
- They offer a robust connection
- Help in a seamless flow of material inside the pipe
- Add strength to the piping system
- The beveled ends of the welded forms offer better penetration weld. This is done without the need for additional preparation.
Market Perspective of Butt Weld Fittings
The market of butt weld fittings was valued at 11 Million US$ in 2017 and is anticipated to reach 20 Million US$ by 2025, at a compound annual growth rate of 3.5 % during the forecasted period. 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Butt Weld Fittings. China is known to be the leading export of the largest quantity share of butt welding fittings across the globe. Whereas, European countries like Italy, Germany, and Austria all are occupying their largest trading value of more than 50% of the total global market over the years with the number of high-end products offered.
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Talking about imports, the global market value has reached 2,469 million, equivalent to 454 thousand tons of carbon butt weld fittings across the globe. The highest value of quantity and trade value imports was in 2015 but 2012 was the year when the growth rate in trade value and quantity is the highest with 17.58% rate growth of quantity and 22.74% of trade value in the year 2011. This is known to be the highest growth rate during the period from the year 2010 to the year 2014. In imports, three regions are leading such as Europe, the USA, and Asia with almost a third of each in both quantity and trade value. Europe is the highest region in terms of quantity and trade value import.
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Conclusion
Out of many project reports provided by NPCS “Butt Welded Carbon Steel Fitting And Steel Flanges – Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunity” is also a detailed project report provided by them. The project report assesses the market potential negotiating with collaborators, investment decision making, corporate diversification planning, etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, projecting the balance sheet, etc.
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