Flanges Market Analysis, Trends, and Scope 2023 to 2031
Flanges Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 7,460.20 Million |
Market Size by 2031 | US$ 10,589.40 Million |
Global CAGR (2023 - 2031) | 4.5% |
Historical Data | 2021-2022 |
Forecast period | 2023-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
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