CATEGORY

Pipes, Valves & Fittings

Pipe- A pipe is a long, round, hollow object, usually made of metal or plastic, through which a liquid or gas can flow. Valves- A valve is a device that regulates, directs or controls the flow of a fluid (gases, liquids, fluidized solids, or slurries) by opening, closing, or partially obstructing various passageways Fittings- It is a machine component, piping or tubing part that can attach or connect two or more larger parts

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Pipes, Valves & Fittings Industry Benchmarks

Savings Achieved

(in %)

The average annual savings achieved in Pipes, Valves & Fittings category is 7.30%

Payment Terms

(in days)

The industry average payment terms in Pipes, Valves & Fittings category for the current quarter is 72.9 days

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Engagement Model

Supply Assurance

Sourcing Process

Supplier Type

Pricing Model

Contract Length

SLAs/KPIs

Lead Time

Supplier Diversity

Targeted Savings

Risk Mitigation

Financial Risk

Sanctions

AMEs

Geopolitical Risk

Cost Optimization

Price per Unit Competitiveness

Specification Leanness

Minimum Order Quality

Payment Terms

Inventory Control

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    Pipes, Valves & Fittings Suppliers

    14,365
    Total Suppliers
    520
    Diverse Suppliers
    65
    Normalized Supplier Rating
    Pipes, Valves & Fittings Supplier

    Find the right-fit pipes, valves & fittings supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

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    Sample Supplier
    Company
    WW Grainger
    Location
    Jackson, Mississipi
    Duns number
    3862211
    D&B SER Rating
    dnb logo

    Up to 3 months

    1 9
    3
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

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    ESG Profile
    Company and Sector Performance
    44
    100
    Limited (1)
    ESG Perfomance (/100)
    Environment
    54
    Social
    37
    Governance
    51
    6 Domains Performance (/100)
    Business behaviour
    42
    Human rights
    49
    Community Environment
    55
    Corporate governance
    56
    Human resources
    27
    Security Scorecard
    85
    Threat indicators
    B
    89
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    D
    69
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    B
    80
    Application Security
    Detecting common website application vulnerbilities
    B
    83
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    100
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    B
    84
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    Out of date company assets which may contain vulnerabilities of risk
    A
    100
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    A
    100
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    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked
    Industry Comparison
    grainger.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    0
    Workforce Health Safety Issues
    0
    Product Service Issues
    1
    Human Rights Issues
    0
    Production Supply Chain Issues
    0
    Environmental Non Compliance Flags
    1
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    1
    Fraud Issues
    0
    Labor Health Safety Flags
    0
    Regulatory Issues
    1
    Workforce Disputes
    0
    Sanctions
    0
    esg energy transition
    55
    Discrimination Workforce Rights Issues
    0
    esg controversies critical severity
    No

    Pipes, Valves & Fittings market report transcript

    Global Industrial Pipes, Valves & Fittings Outlook

    • The global industrial PVF market is estimated at around $72.3 billion for 2022E*, and the market is expected to grow at a CAGR of 4–5 percent between 2020 and 2024

    • The oil & gas industry is one of the major end-users for PVF, and it is estimated to be around $7.8 billion for 2021*

    Global Industrial PVF: Drivers and Constraints

    • Recovering shale gas production in North America will drive the demand for OCTG pipes, capable of sustaining greater tension, compression, and torsion.

    • Growing the oil & gas industry in Australia will boost the demand for PVF in this region.

    Drivers

    Market growth

    • Large-scale inter-regional oil & gas projects will drive the demand for high performance corrosion-resistant steel and plastic pipes

    • Replacement of manual valves with smart valves drives the market in the developed regions

    • Manufacturing of seamless pipes using cross-roll piercing and elongation, along with plug mill technology, with world-class rollers, has improved the capacity of the seamless pipe production

    Stringent environmental and safety regulations

    • Environmental, health, and safety regulations, such as VOC limitations, require end-user industries to upgrade to newer and better PVFs

    Constraints

    Duplication of technology

    • Patent violations and copies of the original by local suppliers would hamper the growth of the valve market, due to the copies being relatively cheaper

    Labor disturbance

    • The labor market in emerging countries is mostly unorganized, and there are increasing occurrences of shutdowns, leading to loss of productivity

    Industrial PVF: Cost Structure

    • Labor costs have a minimal increase in many developed economies, where highly engineered castings are made

    • Raw material prices are sensitive, and any upward movement of price is transferred to the buyers, as future trading or hedging of essential raw material is a rare practice among PVF manufacturers

    • Material is the major cost driver of PVF, and it accounts for approx. 65–70 percent of the total cost. The application of PVF determines which material should be used, as different materials have their own unique properties

    • Based on application of PVF, the following factors determine the cost:

               –Material of body and trim

               –Size of PVFs

               –Pressure rating

               –Temperature rating

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