Global Flanges Market Segments 2024, Forecast To 2033
5 Mar, 2024
The flanges market has grown from $4.92 billion in 2023 to $5.27 billion in 2024 at a CAGR of 7.0%. Growth is driven by industrial expansion and infrastructure development. Predicted to reach $6.83 billion in 2028, factors include renewable energy projects and corrosion-resistant materials.
Global Flanges Market Key Driver
The flanges market is poised for growth with the increasing expansion of the petroleum industry. Flanges are crucial in piping systems for various operations, including pipeline construction, refinery operations, and oil and gas exploration. In 2022, refined petroleum product production in Canada increased by 0.8%. The expanding petroleum industry drives the growth of the flanges market.
Get A Free Sample Of The Global Flanges Market ReportGlobal Flanges Market Segments
The flanges market covered in this report is segmented –
1) By Type: Welding Neck, Long Welding Neck, Slip-On, Socket Weld, Lap Joint, Other Types
2) By Material: Carbon Steel, Stainless Steel, Aluminum, Polymer, Other Materials
3) By End User: Aviation And Aerospace, Petrochemical, Architectural Decoration, Food And Beverages Processing, Construction, Other End-Users
By Geography: The regions covered in the anti inflammatory therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
Asia-Pacific was the largest region in the flanges market in 2023. The regions covered in the flanges market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Flanges Industry Players
SSI Technologies LLC; Simtech Process Systems; Qontrol Devices Inc.; Saini Flange Pvt Ltd; AFG Holdings; Coastal Flange; Flanschenwerk Bebitz GmbH; General Flange and Forge LLC; Mass Global Group; METALFAR Prodotti Industrial SA; Outokumpu Armetal Stainless Pipe Co.; Pro-Flange Ltd.; Sandvik AB; Texas Flange; Fastenal Company; Wilhelm Bollhoff GmbH und Co KG; STANLEY Engineered Fastening; Locknut Technology Inc.; Bebitz GmbH; Bonney Forge Corporation; C&N Industrial Limited; Cangzhou Ritia Pipe-Fittings Manufacture Co Ltd.; Changsha Jetsun Trade Development Co.; China Steel Flange Manufacturer; Dinesh Industries; Dynamic Forge & Fittings Pvt Ltd; Elite Piping Manufacture Co Ltd; Flange Wizard Inc.; Forged Components Inc.
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AIOps Flanges Market Overview
A flange is a rib or rim that provides strength, direction, or attachment to another item. A flange connects pipes, valves, pumps, and other systems to form a piping device. Flanges are generally welded or screwed.
Flanges Global Market Report 2023 provides data on the global flanges market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The flanges market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.