Modularization Market Rapidly Growing Dynamics with Current Outlook by 2030
The global modularization market size accounted for $9.5 billion in 2020, and is expected to reach $14.9 billion by 2030, registering a CAGR of 5.7% from 2021 to 2030. It provides an in-depth study of the market subtleties such as the current trends, drivers, opportunities, and even the restraining factors. The report also highlights the qualitative aspects in the study.
Additionally, the unit takes in the key findings,
in terms of market overview and investment prospects. The market report also
involves the competitive landscape containing the profiles of top ten major players in the industry. The
frontrunners have been thoroughly assessed based on their revenue size, service/product portfolio,
regional presence, key plans & policies, and overall contribution to
the growth of the market.
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Major Key Players of the Modularization
Market are:
Fluor
Corporation, SHV Holdings N.V. (Mammoet), Arabian International Company for
Steel Structures, Larsen & Toubro Limited (L & T Piping Center), ENKA
INSAAT VE SANAYI (CIMTAS PIPE FABRICATION AND TRADING CO. LTD.), YENA
ENGINEERING B.V., PROSAIC STEEL AND ALLOYS, Metal Forge India, Honeywell
International Inc (Honweywell UOP), and ChelPipe Group.
Global Modularization Market Segments
By Service
- Prefabricated Pipes (Spools)
- Process Skid
Fabrication
- Process & Pipe
Rack Modules
- Others
By Material
- Stainless Steel
- Carbon Steel
- Alloy Steel
- Others
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