Product Code: A10713
The global flanges market was valued at $4,501.5 million in 2021, and is projected to reach $7,393.4 million by 2031, registering a CAGR of 5.0% from 2022 to 2031. The flanges are the protruding rim or ridge that are used for increasing strength or the spread of the load. There are various types of flanges such as blind flanges, lapped flanges, slip on flanges, socket welded flanges, threaded flanges, and weld neck flanges.
Development in control technologies have contributed significantly in boosting the growth of the flanges market during the recent years. The flanges allow monitoring of the fluid level, which is advantageous in hazardous and remote environments of oil & gas industries, chemical industries, and power plants. In addition, the increased investments in the oil & gas storage as well as refining infrastructure, mainly in the North America drives the requirement for flanges. North American countries, such as the U.S. and Canada, are major importers of flanges from Asian and European nations.
Thus, the development of oil & gas industry in North America drives the flanges market growth globally. Moreover, the demand for flanges has significantly increased from the food & beverage industry mainly from the developing nations in Asia-Pacific and Latin America. With surge in agriculture and rise in demand for processed food, the food & beverage processing industry has shown high growth in countries such as India, Brazil, and others. This, in turn, has created a high demand for flanges; thereby, driving the growth of the flanges industry.
However, the saturation in industrial growth in major developed countries such as Germany, the U.S., the UK, and others is likely to affect the growth in trend for flanges significantly. The demand for new flanges is extremely slow paced in the previously mentioned countries mainly due to the developed industrial infrastructure. This is likely to restrain the growth of flanges market. In addition, the trade tensions between the U.S. and China have led to newly imposed tariffs on various metals including stainless steel, aluminum, and others, which are mainly used for the manufacturing of flanges. This in turn results in surged production costs and a disruption in supply chain of global flanges industry, which is likely to restrain the market growth of flanges globally
On the contrary, the technological advancements in industrial valves such as implementation of automation and control technologies are likely to create lucrative growth opportunities for the global flanges market.
The flanges market is segmented on the basis of type, material, industry verticals, and region. On the basis of type, it is further classified into slip-on, socket weld, threaded, and others. By material, it is divided into stainless steel, carbon steel, aluminum, and others. By industry vertical, it is categorized into automotive, oil & gas, manufacturing, HVAC, and others. Region wise, the flanges market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players profiled in the global Flanges market include, AFG Holdings, Inc., Coastal Flange, Inc., Flanschenwerk Bebitz GmbH, General Flange & Forge LLC, Hitachi, Kerkau Manufacturing, Kohler Corporation, Mass Global Group, METALFAR Prodotti Industriali S.P.A., Outokumpu Armetal Stainless Pipe Co. Ltd (OASP), Pro-Flange, Qontrol Devices, Inc., Saini Flange (p) ltd., Sandvik AB, Simtech Process Systems, SSI Technologies, Inc. and Texas Flange.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the flanges market analysis from 2021 to 2031 to identify the prevailing flanges market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the flanges market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global flanges market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
- Slip-on
- Socket Weld
- Threaded
- Others
By Material
- Stainless Steel
- Carbon Steel
- Aluminum
- Others
By Industry Verticals
- Automotive
- Oil and Gas
- Manufacturing
- HVAC
- Others
By Region
- North America
- Europe
- Germany
- U.K.
- France
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
- Key Market Players
- AFG Holdings, Inc.
- Coastal Flange, Inc.
- Flanschenwerk Bebitz GmbH
- General Flange & Forge LLC
- Hitachi
- Kerkau Manufacturing
- Kohler Corporation
- Mass Global Group
- METALFAR Prodotti Industriali S.P.A.
- Outokumpu Armetal Stainless Pipe Co. Ltd (OASP)
- Pro-Flange
- Qontrol Devices, Inc.
- Saini Flange (p) ltd.
- Sandvik AB
- Simtech Process Systems
- SSI Technologies, Inc.
- Texas Flange
TABLE OF CONTENTS
CHAPTER 1:INTRODUCTION
- 1.1.Report description
- 1.2.Key market segments
- 1.3.Key benefits to the stakeholders
- 1.4.Research Methodology
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
- 2.1.Key findings of the study
- 2.2.CXO Perspective
CHAPTER 3:MARKET OVERVIEW
- 3.1.Market definition and scope
- 3.2.Key findings
- 3.2.1.Top investment pockets
- 3.3.Porter's five forces analysis
- 3.4.Top player positioning
- 3.5.Market dynamics
- 3.5.1.Drivers
- 3.5.2.Restraints
- 3.5.3.Opportunities
- 3.6.COVID-19 Impact Analysis on the market
CHAPTER 4: FLANGES MARKET, BY TYPE
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2 Slip-on
- 4.2.1 Key market trends, growth factors and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market analysis by country
- 4.3 Socket Weld
- 4.3.1 Key market trends, growth factors and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market analysis by country
- 4.4 Threaded
- 4.4.1 Key market trends, growth factors and opportunities
- 4.4.2 Market size and forecast, by region
- 4.4.3 Market analysis by country
- 4.5 Others
- 4.5.1 Key market trends, growth factors and opportunities
- 4.5.2 Market size and forecast, by region
- 4.5.3 Market analysis by country
CHAPTER 5: FLANGES MARKET, BY MATERIAL
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2 Stainless Steel
- 5.2.1 Key market trends, growth factors and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market analysis by country
- 5.3 Carbon Steel
- 5.3.1 Key market trends, growth factors and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market analysis by country
- 5.4 Aluminum
- 5.4.1 Key market trends, growth factors and opportunities
- 5.4.2 Market size and forecast, by region
- 5.4.3 Market analysis by country
- 5.5 Others
- 5.5.1 Key market trends, growth factors and opportunities
- 5.5.2 Market size and forecast, by region
- 5.5.3 Market analysis by country
CHAPTER 6: FLANGES MARKET, BY INDUSTRY VERTICALS
- 6.1 Overview
- 6.1.1 Market size and forecast
- 6.2 Automotive
- 6.2.1 Key market trends, growth factors and opportunities
- 6.2.2 Market size and forecast, by region
- 6.2.3 Market analysis by country
- 6.3 Oil and Gas
- 6.3.1 Key market trends, growth factors and opportunities
- 6.3.2 Market size and forecast, by region
- 6.3.3 Market analysis by country
- 6.4 Manufacturing
- 6.4.1 Key market trends, growth factors and opportunities
- 6.4.2 Market size and forecast, by region
- 6.4.3 Market analysis by country
- 6.5 HVAC
- 6.5.1 Key market trends, growth factors and opportunities
- 6.5.2 Market size and forecast, by region
- 6.5.3 Market analysis by country
- 6.6 Others
- 6.6.1 Key market trends, growth factors and opportunities
- 6.6.2 Market size and forecast, by region
- 6.6.3 Market analysis by country
CHAPTER 7: FLANGES MARKET, BY REGION
- 7.1 Overview
- 7.1.1 Market size and forecast
- 7.2 North America
- 7.2.1 Key trends and opportunities
- 7.2.2 North America Market size and forecast, by Type
- 7.2.3 North America Market size and forecast, by Material
- 7.2.4 North America Market size and forecast, by Industry Verticals
- 7.2.5 North America Market size and forecast, by country
- 7.2.5.1 U.S.
- 7.2.5.1.1 Market size and forecast, by Type
- 7.2.5.1.2 Market size and forecast, by Material
- 7.2.5.1.3 Market size and forecast, by Industry Verticals
- 7.2.5.2 Canada
- 7.2.5.2.1 Market size and forecast, by Type
- 7.2.5.2.2 Market size and forecast, by Material
- 7.2.5.2.3 Market size and forecast, by Industry Verticals
- 7.2.5.3 Mexico
- 7.2.5.3.1 Market size and forecast, by Type
- 7.2.5.3.2 Market size and forecast, by Material
- 7.2.5.3.3 Market size and forecast, by Industry Verticals
- 7.3 Europe
- 7.3.1 Key trends and opportunities
- 7.3.2 Europe Market size and forecast, by Type
- 7.3.3 Europe Market size and forecast, by Material
- 7.3.4 Europe Market size and forecast, by Industry Verticals
- 7.3.5 Europe Market size and forecast, by country
- 7.3.5.1 Germany
- 7.3.5.1.1 Market size and forecast, by Type
- 7.3.5.1.2 Market size and forecast, by Material
- 7.3.5.1.3 Market size and forecast, by Industry Verticals
- 7.3.5.2 U.K.
- 7.3.5.2.1 Market size and forecast, by Type
- 7.3.5.2.2 Market size and forecast, by Material
- 7.3.5.2.3 Market size and forecast, by Industry Verticals
- 7.3.5.3 France
- 7.3.5.3.1 Market size and forecast, by Type
- 7.3.5.3.2 Market size and forecast, by Material
- 7.3.5.3.3 Market size and forecast, by Industry Verticals
- 7.3.5.4 Italy
- 7.3.5.4.1 Market size and forecast, by Type
- 7.3.5.4.2 Market size and forecast, by Material
- 7.3.5.4.3 Market size and forecast, by Industry Verticals
- 7.3.5.5 Rest of Europe
- 7.3.5.5.1 Market size and forecast, by Type
- 7.3.5.5.2 Market size and forecast, by Material
- 7.3.5.5.3 Market size and forecast, by Industry Verticals
- 7.4 Asia-Pacific
- 7.4.1 Key trends and opportunities
- 7.4.2 Asia-Pacific Market size and forecast, by Type
- 7.4.3 Asia-Pacific Market size and forecast, by Material
- 7.4.4 Asia-Pacific Market size and forecast, by Industry Verticals
- 7.4.5 Asia-Pacific Market size and forecast, by country
- 7.4.5.1 China
- 7.4.5.1.1 Market size and forecast, by Type
- 7.4.5.1.2 Market size and forecast, by Material
- 7.4.5.1.3 Market size and forecast, by Industry Verticals
- 7.4.5.2 Japan
- 7.4.5.2.1 Market size and forecast, by Type
- 7.4.5.2.2 Market size and forecast, by Material
- 7.4.5.2.3 Market size and forecast, by Industry Verticals
- 7.4.5.3 South Korea
- 7.4.5.3.1 Market size and forecast, by Type
- 7.4.5.3.2 Market size and forecast, by Material
- 7.4.5.3.3 Market size and forecast, by Industry Verticals
- 7.4.5.4 India
- 7.4.5.4.1 Market size and forecast, by Type
- 7.4.5.4.2 Market size and forecast, by Material
- 7.4.5.4.3 Market size and forecast, by Industry Verticals
- 7.4.5.5 Rest of Asia-Pacific
- 7.4.5.5.1 Market size and forecast, by Type
- 7.4.5.5.2 Market size and forecast, by Material
- 7.4.5.5.3 Market size and forecast, by Industry Verticals
- 7.5 LAMEA
- 7.5.1 Key trends and opportunities
- 7.5.2 LAMEA Market size and forecast, by Type
- 7.5.3 LAMEA Market size and forecast, by Material
- 7.5.4 LAMEA Market size and forecast, by Industry Verticals
- 7.5.5 LAMEA Market size and forecast, by country
- 7.5.5.1 Latin America
- 7.5.5.1.1 Market size and forecast, by Type
- 7.5.5.1.2 Market size and forecast, by Material
- 7.5.5.1.3 Market size and forecast, by Industry Verticals
- 7.5.5.2 Middle East
- 7.5.5.2.1 Market size and forecast, by Type
- 7.5.5.2.2 Market size and forecast, by Material
- 7.5.5.2.3 Market size and forecast, by Industry Verticals
- 7.5.5.3 Africa
- 7.5.5.3.1 Market size and forecast, by Type
- 7.5.5.3.2 Market size and forecast, by Material
- 7.5.5.3.3 Market size and forecast, by Industry Verticals
CHAPTER 8: COMPANY LANDSCAPE
- 8.1. Introduction
- 8.2. Top winning strategies
- 8.3. Product Mapping of Top 10 Player
- 8.4. Competitive Dashboard
- 8.5. Competitive Heatmap
- 8.6. Key developments
CHAPTER 9: COMPANY PROFILES
- 9.1 AFG Holdings, Inc.
- 9.1.1 Company overview
- 9.1.2 Company snapshot
- 9.1.3 Operating business segments
- 9.1.4 Product portfolio
- 9.1.5 Business performance
- 9.1.6 Key strategic moves and developments
- 9.2 Coastal Flange, Inc.
- 9.2.1 Company overview
- 9.2.2 Company snapshot
- 9.2.3 Operating business segments
- 9.2.4 Product portfolio
- 9.2.5 Business performance
- 9.2.6 Key strategic moves and developments
- 9.3 Flanschenwerk Bebitz GmbH
- 9.3.1 Company overview
- 9.3.2 Company snapshot
- 9.3.3 Operating business segments
- 9.3.4 Product portfolio
- 9.3.5 Business performance
- 9.3.6 Key strategic moves and developments
- 9.4 General Flange & Forge LLC
- 9.4.1 Company overview
- 9.4.2 Company snapshot
- 9.4.3 Operating business segments
- 9.4.4 Product portfolio
- 9.4.5 Business performance
- 9.4.6 Key strategic moves and developments
- 9.5 Hitachi
- 9.5.1 Company overview
- 9.5.2 Company snapshot
- 9.5.3 Operating business segments
- 9.5.4 Product portfolio
- 9.5.5 Business performance
- 9.5.6 Key strategic moves and developments
- 9.6 Kerkau Manufacturing
- 9.6.1 Company overview
- 9.6.2 Company snapshot
- 9.6.3 Operating business segments
- 9.6.4 Product portfolio
- 9.6.5 Business performance
- 9.6.6 Key strategic moves and developments
- 9.7 Kohler Corporation
- 9.7.1 Company overview
- 9.7.2 Company snapshot
- 9.7.3 Operating business segments
- 9.7.4 Product portfolio
- 9.7.5 Business performance
- 9.7.6 Key strategic moves and developments
- 9.8 Mass Global Group
- 9.8.1 Company overview
- 9.8.2 Company snapshot
- 9.8.3 Operating business segments
- 9.8.4 Product portfolio
- 9.8.5 Business performance
- 9.8.6 Key strategic moves and developments
- 9.9 METALFAR Prodotti Industriali S.P.A.
- 9.9.1 Company overview
- 9.9.2 Company snapshot
- 9.9.3 Operating business segments
- 9.9.4 Product portfolio
- 9.9.5 Business performance
- 9.9.6 Key strategic moves and developments
- 9.10 Outokumpu Armetal Stainless Pipe Co. Ltd (OASP)
- 9.10.1 Company overview
- 9.10.2 Company snapshot
- 9.10.3 Operating business segments
- 9.10.4 Product portfolio
- 9.10.5 Business performance
- 9.10.6 Key strategic moves and developments
- 9.11 Pro-Flange
- 9.11.1 Company overview
- 9.11.2 Company snapshot
- 9.11.3 Operating business segments
- 9.11.4 Product portfolio
- 9.11.5 Business performance
- 9.11.6 Key strategic moves and developments
- 9.12 Qontrol Devices, Inc.
- 9.12.1 Company overview
- 9.12.2 Company snapshot
- 9.12.3 Operating business segments
- 9.12.4 Product portfolio
- 9.12.5 Business performance
- 9.12.6 Key strategic moves and developments
- 9.13 Saini Flange (p) ltd.
- 9.13.1 Company overview
- 9.13.2 Company snapshot
- 9.13.3 Operating business segments
- 9.13.4 Product portfolio
- 9.13.5 Business performance
- 9.13.6 Key strategic moves and developments
- 9.14 Sandvik AB
- 9.14.1 Company overview
- 9.14.2 Company snapshot
- 9.14.3 Operating business segments
- 9.14.4 Product portfolio
- 9.14.5 Business performance
- 9.14.6 Key strategic moves and developments
- 9.15 Simtech Process Systems
- 9.15.1 Company overview
- 9.15.2 Company snapshot
- 9.15.3 Operating business segments
- 9.15.4 Product portfolio
- 9.15.5 Business performance
- 9.15.6 Key strategic moves and developments
- 9.16 SSI Technologies, Inc.
- 9.16.1 Company overview
- 9.16.2 Company snapshot
- 9.16.3 Operating business segments
- 9.16.4 Product portfolio
- 9.16.5 Business performance
- 9.16.6 Key strategic moves and developments
- 9.17 Texas Flange
- 9.17.1 Company overview
- 9.17.2 Company snapshot
- 9.17.3 Operating business segments
- 9.17.4 Product portfolio
- 9.17.5 Business performance
- 9.17.6 Key strategic moves and developments