The flanges market size is projected to reach US$ 10,589.40 million by 2031 from US$ 7,460.20 million in 2023. The market is expected to register a CAGR of 4.5% during 2023–2031. Innovations in flange materials and the integration of advanced technologies in manufacturing is likely to remain key trend in the market.
Flanges Market Analysis
Key factors fueling the growth of the flanges market include the rise in investment in oil and gas infrastructure development, reconstruction of existing onshore and offshore oil and gas rigs, and an increase in the number of enhanced oil recovery projects worldwide. In addition, rapid industrialization across developing regions and reconstruction or renovation of aged industrial infrastructure in the developed regions are anticipated to raise the demand for flanges in pipeline applications. Additionally, the increase in utilization of flanges in the rapidly growing renewable energy industry across the globe is further expected to create opportunities for the players operating in the flanges market. Furthermore, increasing focus on improving energy efficiency, advancing material technology, and integrating digital technologies in predicting flanges performance are expected to be the key trends in the flanges market globally from 2023 to 2031.
Key companies that manufacture flanges are engaged in transforming the raw material supplied by suppliers into high-quality and efficient flanges while ensuring the industry standards, addressing challenging environments, and meeting rigorous specifications. These companies are using advanced engineering techniques for flange production while ensuring the factors that are important for industrial applications. Key manufacturers operating in the flanges market include AFG Holdings, Inc.; Armetal Stainless Pipe; Coastal Flange, Inc.; Flanschenwerk Bebitz GmbH; General Flange and Forge LLC; Mass Global Group; METALFAR Prodotti Industrialli SpA; Proflange; Sandvik AB; and Texas Flange.
Flanges Market Overview
Flanges are one of the key components in the pipeline infrastructure in every industry, including oil & gas, power generation, chemical & petrochemical, manufacturing, water management, and food & beverages. The flanges market study covers information on the revenue generated through sales of flanges by the key players operating in the market and the demand for flanges in the industries mentioned above. Various types of materials, including carbon steel, stainless steel, and alloy steel, are used to manufacture flanges that provide several other benefits, such as long-term strength, corrosion resistance, and efficient operations.
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Flanges Market: Strategic Insights
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Flanges Market Drivers and Opportunities
Rise in Investment in Oil and Gas Pipeline Infrastructure Development
There is an increase in the development of new oil and gas rigs and the discovery of new offshore oil field areas across the world. Moreover, investments in oil and gas pipeline infrastructure development and refurbishment or reconstruction of existing oil and gas rigs have increased. For instance, in October 2022, the Italian government announced plans to increase its gas production from the current production capacity. This plan also includes the building and construction of new offshore gas rigs across the country. In May 2023, the Chinese government announced that it had completed the building and construction of a new 12,000-ton offshore drilling rig. In addition, in 2022, National Grid Gas Plc (UK) announced the acquisition of new land and rights required for the development and operation of a new 9 km gas pipeline between Wormington and Honeybourne. A new 2 km section of gas pipeline network in Churchover is anticipated to facilitate pressure uprating of the already existing gas pipeline between Felindre and Cilfrew and Three Cocks. Therefore, the rising investment in the development of oil and gas pipeline infrastructure worldwide is driving the demand for flanges in this pipeline network expansion.
Rapid Growth of Renewable Energy Industry
Flanges are important components in renewable energy systems, connecting turbines, towers, and other equipment. The rapid growth of the renewable energy industry across the globe is expected to boost the demand for flanges in the coming years. The governments of various countries across the world are focusing on reducing their carbon footprints, owing to which the energy industry is witnessing a transition toward clean energy. Governments are increasing investments in clean energy production. For instance, China's renewable energy investment accounted for US$ 890 billion in 2023, an increase of 40% as compared to 2022. In addition, the International Energy Agency (IEA) projected that world energy investment rose over 14% in 2023, reaching US$ 2.8 trillion. After remaining flat for several years, annual clean energy investments reached ~US$ 1.7 trillion in 2023. The rapid growth of the renewable energy industry is expected to create opportunities for the key players in the flanges market.
Flanges Market Report Segmentation Analysis
Key segments that contributed to the derivation of the flanges market analysis are type, material, and industry.
- Based on type, the flanges market is segmented into weld neck, slip-on, socket weld, lap joint, blind, and others. The weld neck segment held the largest market share in 2023.
- Based on material, the market is divided into stainless steel, carbon steel, alloy steel, and others. The alloy steel segment held the largest share of the market in 2023.
Based on industry, the market is divided into oil & gas, chemical & petrochemical, power generation, manufacturing, water management, food & beverages, and others. The oil & gas segment held the largest share of the market in 2023.
Flanges Market Share Analysis by Geography
The geographic scope of the flanges market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.
Mounting demand for energy and the growing use of natural gas are boosting the development of gas pipeline infrastructure in North America, steering the application of flanges in the region. The growing government focus on boosting renewable energy sources and mitigating carbon emissions from the environment is also positively impacting the application of flanges, as power generation and oil & gas sectors are among the major end users of flanges.
The growing demand for clean water by the rural population in Asia Pacific is fostering the growth of water and wastewater management facilities. Increase in industrialization, rise in urbanization, and growth in demand for energy in Asia Pacific are boosting the application of flanges. The construction of new offshore oil and gas facilities across different countries in Asia Pacific, such as China, Japan, and South Korea, propels the demand for flanges across the region. In July 2023, Malaysian government company Petronas stated that it had constructed six new locations for offshore oil and gas facilities. The development in the oil & gas sector is having a positive impact on the flanges market in Asia Pacific.
Flanges Market Report Scope
Flanges Market News and Recent Developments
The flanges market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the flanges market are listed below:
- As part of the strategic alliance with Tenaris, Alleima will be the supplier of Oil Country Tubular Goods (OCTG) tubes with Corrosion Resistant Alloys (CRA) material in a new long-term frame agreement between Tenaris and Petrobras. The agreement includes a three-year supply for offshore Brazil, where pipes will be used in the customer's various exploration and production (E&P) wells in the pre-salt fields. (Source: Alleima, Press Release, January 2023)
- Vallourec has won two major orders to supply line pipes for phases 6 and 8 of the Buzios oil field development operated by Petrobras. These orders are in addition to the contract previously won for phase 7, representing a total of 48,000 tonnes of line pipe. (Source: Vallourec, Press Release, July 2023)
Flanges Market Report Coverage and Deliverables
The "Flanges Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Flanges market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Flanges market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- Flanges market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the flanges market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
AFG Holdings, Inc.; Armetal Stainless Pipe; Coastal Flange, Inc.; Flanschenwerk Bebitz GmbH; General Flange and Forge LLC; Mass Global Group; METALFAR Prodotti Industrial SpA; Proflange; Sandvik AB; KME Germany GmbH; and Texas Flange are the key market players operating in the global flanges market.
Flange manufacturers worldwide are engaged in investing in research and development to enhance the performance and durability of flanges. Innovations in flange materials such as carbon steel, stainless steel, and alloy steel have resulted in improving their resistance to corrosion, temperature, and pressure. These advances ensure the longevity and reliability of the flanges under challenging operating conditions.
The Asia Pacific flanges market is segmented into China, India, South Korea, Australia, and the Rest of Asia Pacific. Asia Pacific accounted for the largest share of the flanges market owing to the presence of a large population and the increased demand from the oil & gas and food & beverages industries across China, India, and Japan. The food & beverages industry in Asia Pacific is expected to record an annual growth rate of 9–10% between 2021 and 2024.
Flanges are important components in renewable energy systems, connecting turbines, towers, and other equipment. The rapid renewable energy industry growth across the globe is expected to boost the demand for flanges in the coming years. The governments of various countries across the world are focusing on reducing their carbon footprints, owing to which the energy industry is witnessing a transition toward clean energy.
There is an increase in the development of new oil and gas rigs and the discovery of new offshore oil field areas across the world. Moreover, investments in oil and gas pipeline infrastructure development and refurbishment or reconstruction of existing oil and gas rigs have increased.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Hypothesis formulation:
3.2.2 Macro-economic factor analysis:
3.2.3 Developing base number:
3.2.4 Data Triangulation:
3.2.5 Country level data:
4. Flanges Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers:
4.3.2 Flanges Manufacturers:
4.3.3 End Users:
5. Flanges Market – Key Market Dynamics
5.1 Flanges Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Rise in Investment in Oil and Gas Pipeline Infrastructure Development:
5.2.2 Increase in Investments in Water and Wastewater Treatment Infrastructure:
5.3 Market Restraints
5.3.1 Raw Material Price Fluctuations:
5.4 Market Opportunities
5.4.1 Rapid Growth of Renewable Energy Industry:
5.5 Future Trends
5.5.1 Innovations in Flange Materials and Integration of Advanced Technologies in Manufacturing:
5.6 Impact of Drivers and Restraints:
6. Flanges Market – Global Market Analysis
6.1 Flanges Market Revenue (US$ Million), 2021–2031
6.2 Flanges Market Revenue (US$ Million), 2021–2031
6.3 Flanges Market Forecast Analysis
7. Flanges Market Analysis – by Type
7.1 Weld Neck
7.1.1 Overview
7.1.2 Weld Neck: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
7.2 Slip-On
7.2.1 Overview
7.2.2 Slip-On: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
7.3 Socket Weld
7.3.1 Overview
7.3.2 Socket Weld: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
7.4 Lap Joint
7.4.1 Overview
7.4.2 Lap Joint: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
7.5 Blind
7.5.1 Overview
7.5.2 Blind: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
8. Flanges Market Analysis – by Material
8.1 Stainless Steel
8.1.1 Overview
8.1.2 Stainless Steel: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
8.2 Carbon Steel
8.2.1 Overview
8.2.2 Carbon Steel: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
8.3 Alloy Steel
8.3.1 Overview
8.3.2 Alloy Steel: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
8.4 Others
8.4.1 Overview
8.4.2 Others: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
9. Flanges Market Analysis – by Industry
9.1 Oil and Gas
9.1.1 Overview
9.1.2 Oil and Gas: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
9.2 Chemical and Petrochemical
9.2.1 Overview
9.2.2 Chemical and Petrochemical: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
9.3 Power Generation
9.3.1 Overview
9.3.2 Power Generation: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
9.4 Manufacturing
9.4.1 Overview
9.4.2 Manufacturing: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
9.5 Water Management
9.5.1 Overview
9.5.2 Water Management: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
9.6 Food and Beverages
9.6.1 Overview
9.6.2 Food and Beverages: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
10. Flanges Market – Geographical Analysis
10.1 Overview
10.2 North America
10.2.1 North America Flanges Market Overview
10.2.2 North America: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
10.2.3 North America: Flanges Market Breakdown, by Type
10.2.3.1 North America: Flanges Market – Revenue and Forecast Analysis – by Type
10.2.4 North America: Flanges Market Breakdown, by Material
10.2.4.1 North America: Flanges Market – Revenue and Forecast Analysis – by Material
10.2.5 North America: Flanges Market Breakdown, by Industry
10.2.5.1 North America: Flanges Market – Revenue and Forecast Analysis – by Industry
10.2.6 North America: Flanges Market – Revenue and Forecast Analysis – by Country
10.2.6.1 North America: Flanges Market – Revenue and Forecast Analysis – by Country
10.2.6.2 United States: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
10.2.6.2.1 United States: Flanges Market Breakdown, by Type
10.2.6.2.2 United States: Flanges Market Breakdown, by Material
10.2.6.2.3 United States: Flanges Market Breakdown, by Industry
10.2.6.3 Canada: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
10.2.6.3.1 Canada: Flanges Market Breakdown, by Type
10.2.6.3.2 Canada: Flanges Market Breakdown, by Material
10.2.6.3.3 Canada: Flanges Market Breakdown, by Industry
10.2.6.4 Mexico: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
10.2.6.4.1 Mexico: Flanges Market Breakdown, by Type
10.2.6.4.2 Mexico: Flanges Market Breakdown, by Material
10.2.6.4.3 Mexico: Flanges Market Breakdown, by Industry
10.3 Europe
10.3.1 Europe Flanges Market Overview
10.3.2 Europe: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
10.3.3 Europe: Flanges Market Breakdown, by Type
10.3.3.1 Europe: Flanges Market – Revenue and Forecast Analysis – by Type
10.3.4 Europe: Flanges Market Breakdown, by Material
10.3.4.1 Europe: Flanges Market – Revenue and Forecast Analysis – by Material
10.3.5 Europe: Flanges Market Breakdown, by Industry
10.3.5.1 Europe: Flanges Market – Revenue and Forecast Analysis – by Industry
10.3.6 Europe: Flanges Market – Revenue and Forecast Analysis – by Country
10.3.6.1 Europe: Flanges Market – Revenue and Forecast Analysis – by Country
10.3.6.2 Germany: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
10.3.6.2.1 Germany: Flanges Market Breakdown, by Type
10.3.6.2.2 Germany: Flanges Market Breakdown, by Material
10.3.6.2.3 Germany: Flanges Market Breakdown, by Industry
10.3.6.3 France: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
10.3.6.3.1 France: Flanges Market Breakdown, by Type
10.3.6.3.2 France: Flanges Market Breakdown, by Material
10.3.6.3.3 France: Flanges Market Breakdown, by Industry
10.3.6.4 Italy: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
10.3.6.4.1 Italy: Flanges Market Breakdown, by Type
10.3.6.4.2 Italy: Flanges Market Breakdown, by Material
10.3.6.4.3 Italy: Flanges Market Breakdown, by Industry
10.3.6.5 United Kingdom: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
10.3.6.5.1 United Kingdom: Flanges Market Breakdown, by Type
10.3.6.5.2 United Kingdom: Flanges Market Breakdown, by Material
10.3.6.5.3 United Kingdom: Flanges Market Breakdown, by Industry
10.3.6.6 Russia: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
10.3.6.6.1 Russia: Flanges Market Breakdown, by Type
10.3.6.6.2 Russia: Flanges Market Breakdown, by Material
10.3.6.6.3 Russia: Flanges Market Breakdown, by Industry
10.3.6.7 Rest of Europe: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
10.3.6.7.1 Rest of Europe: Flanges Market Breakdown, by Type
10.3.6.7.2 Rest of Europe: Flanges Market Breakdown, by Material
10.3.6.7.3 Rest of Europe: Flanges Market Breakdown, by Industry
10.4 Asia Pacific
10.4.1 Asia Pacific Flanges Market Overview
10.4.2 Asia Pacific: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
10.4.3 Asia Pacific: Flanges Market Breakdown, by Type
10.4.3.1 Asia Pacific: Flanges Market – Revenue and Forecast Analysis – by Type
10.4.4 Asia Pacific: Flanges Market Breakdown, by Material
10.4.4.1 Asia Pacific: Flanges Market – Revenue and Forecast Analysis – by Material
10.4.5 Asia Pacific: Flanges Market Breakdown, by Industry
10.4.5.1 Asia Pacific: Flanges Market – Revenue and Forecast Analysis – by Industry
10.4.6 Asia Pacific: Flanges Market – Revenue and Forecast Analysis – by Country
10.4.6.1 Asia Pacific: Flanges Market – Revenue and Forecast Analysis – by Country
10.4.6.2 China: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
10.4.6.2.1 China: Flanges Market Breakdown, by Type
10.4.6.2.2 China: Flanges Market Breakdown, by Material
10.4.6.2.3 China: Flanges Market Breakdown, by Industry
10.4.6.3 Japan: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
10.4.6.3.1 Japan: Flanges Market Breakdown, by Type
10.4.6.3.2 Japan: Flanges Market Breakdown, by Material
10.4.6.3.3 Japan: Flanges Market Breakdown, by Industry
10.4.6.4 India: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
10.4.6.4.1 India: Flanges Market Breakdown, by Type
10.4.6.4.2 India: Flanges Market Breakdown, by Material
10.4.6.4.3 India: Flanges Market Breakdown, by Industry
10.4.6.5 Australia: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
10.4.6.5.1 Australia: Flanges Market Breakdown, by Type
10.4.6.5.2 Australia: Flanges Market Breakdown, by Material
10.4.6.5.3 Australia: Flanges Market Breakdown, by Industry
10.4.6.6 South Korea: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
10.4.6.6.1 South Korea: Flanges Market Breakdown, by Type
10.4.6.6.2 South Korea: Flanges Market Breakdown, by Material
10.4.6.6.3 South Korea: Flanges Market Breakdown, by Industry
10.4.6.7 Rest of APAC: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
10.4.6.7.1 Rest of APAC: Flanges Market Breakdown, by Type
10.4.6.7.2 Rest of APAC: Flanges Market Breakdown, by Material
10.4.6.7.3 Rest of APAC: Flanges Market Breakdown, by Industry
10.5 Middle East and Africa
10.5.1 Middle East and Africa Flanges Market Overview
10.5.2 Middle East and Africa: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
10.5.3 Middle East and Africa: Flanges Market Breakdown, by Type
10.5.3.1 Middle East and Africa: Flanges Market – Revenue and Forecast Analysis – by Type
10.5.4 Middle East and Africa: Flanges Market Breakdown, by Material
10.5.4.1 Middle East and Africa: Flanges Market – Revenue and Forecast Analysis – by Material
10.5.5 Middle East and Africa: Flanges Market Breakdown, by Industry
10.5.5.1 Middle East and Africa: Flanges Market – Revenue and Forecast Analysis – by Industry
10.5.6 Middle East and Africa: Flanges Market – Revenue and Forecast Analysis – by Country
10.5.6.1 Middle East and Africa: Flanges Market – Revenue and Forecast Analysis – by Country
10.5.6.2 South Africa: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
10.5.6.2.1 South Africa: Flanges Market Breakdown, by Type
10.5.6.2.2 South Africa: Flanges Market Breakdown, by Material
10.5.6.2.3 South Africa: Flanges Market Breakdown, by Industry
10.5.6.3 Saudi Arabia: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
10.5.6.3.1 Saudi Arabia: Flanges Market Breakdown, by Type
10.5.6.3.2 Saudi Arabia: Flanges Market Breakdown, by Material
10.5.6.3.3 Saudi Arabia: Flanges Market Breakdown, by Industry
10.5.6.4 United Arab Emirates: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
10.5.6.4.1 United Arab Emirates: Flanges Market Breakdown, by Type
10.5.6.4.2 United Arab Emirates: Flanges Market Breakdown, by Material
10.5.6.4.3 United Arab Emirates: Flanges Market Breakdown, by Industry
10.5.6.5 Rest of Middle East and Africa: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
10.5.6.5.1 Rest of Middle East and Africa: Flanges Market Breakdown, by Type
10.5.6.5.2 Rest of Middle East and Africa: Flanges Market Breakdown, by Material
10.5.6.5.3 Rest of Middle East and Africa: Flanges Market Breakdown, by Industry
10.6 South and Central America
10.6.1 South and Central America Flanges Market Overview
10.6.2 South and Central America: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
10.6.3 South and Central America: Flanges Market Breakdown, by Type
10.6.3.1 South and Central America: Flanges Market – Revenue and Forecast Analysis – by Type
10.6.4 South and Central America: Flanges Market Breakdown, by Material
10.6.4.1 South and Central America: Flanges Market – Revenue and Forecast Analysis – by Material
10.6.5 South and Central America: Flanges Market Breakdown, by Industry
10.6.5.1 South and Central America: Flanges Market – Revenue and Forecast Analysis – by Industry
10.6.6 South and Central America: Flanges Market – Revenue and Forecast Analysis – by Country
10.6.6.1 South and Central America: Flanges Market – Revenue and Forecast Analysis – by Country
10.6.6.2 Brazil: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
10.6.6.2.1 Brazil: Flanges Market Breakdown, by Type
10.6.6.2.2 Brazil: Flanges Market Breakdown, by Material
10.6.6.2.3 Brazil: Flanges Market Breakdown, by Industry
10.6.6.3 Argentina: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
10.6.6.3.1 Argentina: Flanges Market Breakdown, by Type
10.6.6.3.2 Argentina: Flanges Market Breakdown, by Material
10.6.6.3.3 Argentina: Flanges Market Breakdown, by Industry
10.6.6.4 Rest of South and Central America: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
10.6.6.4.1 Rest of South and Central America: Flanges Market Breakdown, by Type
10.6.6.4.2 Rest of South and Central America: Flanges Market Breakdown, by Material
10.6.6.4.3 Rest of South and Central America: Flanges Market Breakdown, by Industry
11. Competitive Landscape
11.1 Heat Map Analysis by Key Players
11.2 Company Positioning & Concentration
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Mergers & Acquisitions
13. Company Profiles
13.1 AFG Holdings Inc
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 General Flange & Forge LLC
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 FLANGE WORKS BEBITZ GMBH
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Armetal Stainless Pipe
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Metalfar Prodotti Industriali S.p.A.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Coastal Flange, Inc.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 London Fittings & Flanges Ltd
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Kerkau Manufacturing Inc
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 KME Germany GmbH
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Texas Flange
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
List of Tables
Table 1. Flanges Market Segmentation
Table 2. Flanges Market – Revenue and Forecast to 2031 (US$ Million)
Table 3. Flanges Market – Revenue and Forecast to 2031 (US$ Million) – by Type
Table 4. Flanges Market – Revenue and Forecast to 2031 (US$ Million) – by Material
Table 5. Flanges Market – Revenue and Forecast to 2031 (US$ Million) – by Industry
Table 6. North America: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 7. North America: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Material
Table 8. North America: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Industry
Table 9. North America: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 10. United States: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 11. United States: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Material
Table 12. United States: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Industry
Table 13. Canada: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 14. Canada: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Material
Table 15. Canada: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Industry
Table 16. Mexico: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 17. Mexico: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Material
Table 18. Mexico: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Industry
Table 19. Europe: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 20. Europe: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Material
Table 21. Europe: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Industry
Table 22. Europe: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 23. Germany: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 24. Germany: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Material
Table 25. Germany: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Industry
Table 26. France: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 27. France: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Material
Table 28. France: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Industry
Table 29. Italy: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 30. Italy: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Material
Table 31. Italy: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Industry
Table 32. United Kingdom: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 33. United Kingdom: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Material
Table 34. United Kingdom: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Industry
Table 35. Russia: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 36. Russia: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Material
Table 37. Russia: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Industry
Table 38. Rest of Europe: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 39. Rest of Europe: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Material
Table 40. Rest of Europe: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Industry
Table 41. Asia Pacific: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 42. Asia Pacific: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Material
Table 43. Asia Pacific: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Industry
Table 44. Asia Pacific: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 45. China: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 46. China: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Material
Table 47. China: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Industry
Table 48. Japan: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 49. Japan: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Material
Table 50. Japan: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Industry
Table 51. India: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 52. India: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Material
Table 53. India: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Industry
Table 54. Australia: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 55. Australia: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Material
Table 56. Australia: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Industry
Table 57. South Korea: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 58. South Korea: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Material
Table 59. South Korea: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Industry
Table 60. Rest of APAC: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 61. Rest of APAC: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Material
Table 62. Rest of APAC: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Industry
Table 63. Middle East and Africa: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 64. Middle East and Africa: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Material
Table 65. Middle East and Africa: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Industry
Table 66. Middle East and Africa: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 67. South Africa: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 68. South Africa: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Material
Table 69. South Africa: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Industry
Table 70. Saudi Arabia: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 71. Saudi Arabia: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Material
Table 72. Saudi Arabia: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Industry
Table 73. United Arab Emirates: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 74. United Arab Emirates: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Material
Table 75. United Arab Emirates: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Industry
Table 76. Rest of Middle East and Africa: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 77. Rest of Middle East and Africa: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Material
Table 78. Rest of Middle East and Africa: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Industry
Table 79. South and Central America: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 80. South and Central America: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Material
Table 81. South and Central America: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Industry
Table 82. South and Central America: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 83. Brazil: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 84. Brazil: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Material
Table 85. Brazil: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Industry
Table 86. Argentina: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 87. Argentina: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Material
Table 88. Argentina: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Industry
Table 89. Rest of South and Central America: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 90. Rest of South and Central America: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Material
Table 91. Rest of South and Central America: Flanges Market – Revenue and Forecast to 2031(US$ Million) – by Industry
Table 92. Heat Map Analysis by Key Players
List of Figures
Figure 1. Flanges Market Segmentation, by Geography
Figure 2. PEST Analysis
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. Flanges Market Breakdown by Geography, 2021 and 2031 (%)
Figure 5. Flanges Market Revenue (US$ Million), 2021–2031
Figure 6. Flanges Market Share (%) – by Type (2023 and 2031)
Figure 7. Weld Neck: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
Figure 8. Slip-On: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
Figure 9. Socket Weld: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
Figure 10. Lap Joint: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
Figure 11. Blind: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
Figure 12. Others: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
Figure 13. Flanges Market Share (%) – by Material (2023 and 2031)
Figure 14. Stainless Steel: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
Figure 15. Carbon Steel: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
Figure 16. Alloy Steel: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
Figure 17. Others: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
Figure 18. Flanges Market Share (%) – by Industry (2023 and 2031)
Figure 19. Oil and Gas: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
Figure 20. Chemical and Petrochemical: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
Figure 21. Power Generation: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
Figure 22. Manufacturing: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
Figure 23. Water Management: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
Figure 24. Food and Beverages: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
Figure 25. Others: Flanges Market – Revenue and Forecast to 2031 (US$ Million)
Figure 26. Flanges Market Breakdown by Region, 2023 and 2031 (%)
Figure 27. North America: Flanges Market – Revenue and Forecast to 2031(US$ Million)
Figure 28. North America: Flanges Market Breakdown, by Type (2023 and 2031)
Figure 29. North America: Flanges Market Breakdown, by Material (2023 and 2031)
Figure 30. North America: Flanges Market Breakdown, by Industry (2023 and 2031)
Figure 31. North America: Flanges Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 32. United States: Flanges Market – Revenue and Forecast to 2031(US$ Million)
Figure 33. Canada: Flanges Market – Revenue and Forecast to 2031(US$ Million)
Figure 34. Mexico: Flanges Market – Revenue and Forecast to 2031(US$ Million)
Figure 35. Europe: Flanges Market – Revenue and Forecast to 2031(US$ Million)
Figure 36. Europe: Flanges Market Breakdown, by Type (2023 and 2031)
Figure 37. Europe: Flanges Market Breakdown, by Material (2023 and 2031)
Figure 38. Europe: Flanges Market Breakdown, by Industry (2023 and 2031)
Figure 39. Europe: Flanges Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 40. Germany: Flanges Market – Revenue and Forecast to 2031(US$ Million)
Figure 41. France: Flanges Market – Revenue and Forecast to 2031(US$ Million)
Figure 42. Italy: Flanges Market – Revenue and Forecast to 2031(US$ Million)
Figure 43. United Kingdom: Flanges Market – Revenue and Forecast to 2031(US$ Million)
Figure 44. Russia: Flanges Market – Revenue and Forecast to 2031(US$ Million)
Figure 45. Rest of Europe: Flanges Market – Revenue and Forecast to 2031(US$ Million)
Figure 46. Asia Pacific: Flanges Market – Revenue and Forecast to 2031(US$ Million)
Figure 47. Asia Pacific: Flanges Market Breakdown, by Type (2023 and 2031)
Figure 48. Asia Pacific: Flanges Market Breakdown, by Material (2023 and 2031)
Figure 49. Asia Pacific: Flanges Market Breakdown, by Industry (2023 and 2031)
Figure 50. Asia Pacific: Flanges Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 51. China: Flanges Market – Revenue and Forecast to 2031(US$ Million)
Figure 52. Japan: Flanges Market – Revenue and Forecast to 2031(US$ Million)
Figure 53. India: Flanges Market – Revenue and Forecast to 2031(US$ Million)
Figure 54. Australia: Flanges Market – Revenue and Forecast to 2031(US$ Million)
Figure 55. South Korea: Flanges Market – Revenue and Forecast to 2031(US$ Million)
Figure 56. Rest of APAC: Flanges Market – Revenue and Forecast to 2031(US$ Million)
Figure 57. Middle East and Africa: Flanges Market – Revenue and Forecast to 2031(US$ Million)
Figure 58. Middle East and Africa: Flanges Market Breakdown, by Type (2023 and 2031)
Figure 59. Middle East and Africa: Flanges Market Breakdown, by Material (2023 and 2031)
Figure 60. Middle East and Africa: Flanges Market Breakdown, by Industry (2023 and 2031)
Figure 61. Middle East and Africa: Flanges Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 62. South Africa: Flanges Market – Revenue and Forecast to 2031(US$ Million)
Figure 63. Saudi Arabia: Flanges Market – Revenue and Forecast to 2031(US$ Million)
Figure 64. United Arab Emirates: Flanges Market – Revenue and Forecast to 2031(US$ Million)
Figure 65. Rest of Middle East and Africa: Flanges Market – Revenue and Forecast to 2031(US$ Million)
Figure 66. South and Central America: Flanges Market – Revenue and Forecast to 2031(US$ Million)
Figure 67. South and Central America: Flanges Market Breakdown, by Type (2023 and 2031)
Figure 68. South and Central America: Flanges Market Breakdown, by Material (2023 and 2031)
Figure 69. South and Central America: Flanges Market Breakdown, by Industry (2023 and 2031)
Figure 70. South and Central America: Flanges Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 71. Brazil: Flanges Market – Revenue and Forecast to 2031(US$ Million)
Figure 72. Argentina: Flanges Market – Revenue and Forecast to 2031(US$ Million)
Figure 73. Rest of South and Central America: Flanges Market – Revenue and Forecast to 2031(US$ Million)
Figure 74. Company Positioning & Concentration
The List of Companies - Flanges Market
- AFG Holdings, Inc.
- Armetal Stainless Pipe
- Coastal Flange, Inc.
- Flanschenwerk Bebitz GmbH
- General Flange and Forge LLC
- Mass Global Group
- METALFAR Prodotti Industrial SpA
- Proflange; Sandvik AB
- Texas Flange
- KME Germany GmbH
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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