Flanges Market

Flanges Market Size

The global flanges market was estimated at USD 5.7 billion in 2024. The market is expected to grow from USD 6.1 billion in 2025 to USD 10.6 billion in 2034, at a CAGR of 5.8%, according to Global Market Insights Inc.

• Global investment in energy infrastructure from traditional oil and gas projects to rapidly growing renewable energy continues to be the primary driver in the flanges market. This combination of traditional and new energy modes of supply requires high-integrity connection solutions for all forms of pipelines and any form of energy (electrical systems included). Products that meet the need for leak-proof and durable fluid transfer systems move the demand for reliable flange components upward.
  
• In October 2023, U.S. Department of Energy's USD 750 million investment in clean hydrogen projects was a major real sign of movement towards new energy infrastructure and created opportunities to build clean hydrogen facilities that would require clearly defined flanges. Surprisingly, clean hydrogen is a federally funded initiative that involves extensive piping systems where flanges are fundamental connectors. This unique recognition of flanges as physically relevant attachments in existing energy transition investments, validates the energy transition driver.
  
• Also in March 2024, reported capital expenditures by Saudi Aramco, to expand gas production, included the Jafurah unconventional gas field, and estimated cost, in the multi-billion dollars. The stark difference in expanding gas production is crystal clear. Our flange product continues to be in demand in the backdrop of the argon flow of oil and gas industries. From all corners of the globe, industries continue to expand in all areas of their complex activity where flanges are an integral connection to reliable flange components in having reliable energy systems.
  
• Stainless steel continues to lead the flanges market due to its high-temperature capabilities and resistance to corrosion, both particularly important in demanding environments. Stainless steel flanges typically require less maintenance or replacement than flanges made with materials like carbon or low-alloy steel. As this increases uptime and reduces maintenance, an appealing quality to industries like petrochemical and food processing. For example, Valvitalia manufactures and sells high-performance industrial flanges. In their catalogue, they even specify that stainless steel should be used "in any critical application" to ensure satisfaction and market leadership.
  
• The Asia-Pacific region dominates the flanges market due to rapid industrialization, infrastructure growth, as well as needing energy to fuel their growth. Countries like China and India are executing a significant number of large-scale projects in the petrochemical and power sectors where they are purchasing almost limitless quantities of flanges. For example, the National Infrastructure Pipeline by India is developing infrastructure and project completions, leading to increased regional demand for flanges.
  

Flanges Market Trends

• Strong Demand from Oil & Gas and Power Generation: The current global investment in oil and gas infrastructure, coupled with the construction of traditional power generation sites, continues to create a robust market for flanges.
  
• Growth of Renewable Energy Applications: The renewable energy market is growing rapidly, and with it, the demand for flanges that can connect turbines, towers, and other associated equipment across wind and solar applications.
  
• Increased Usage of Advanced and Lightweight Materials: Manufacturers are increasingly utilizing performance-based corrosion-resistant alloys (the most common being duplex stainless steels) and lightweight composites to produce durable flanges and reduce system weight.
  
• Application of Smart Manufacturing Trends: Flange manufacturing is catching up to advanced manufacturing trends around automation, CNC machining, robotic welding, and even 3-D printing (additive manufacturing) that provide manufacturing precision, consistency, and efficiency.
  

Flanges Market Analysis

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Based on material, the market is divided into stainless steel, alloy steel, nickel alloy, carbon steel, and others. The stainless steel segment dominated the flanges industry, accounting for around 46% in 2024 and is expected to grow at a CAGR of over 6.4% through 2034.

• Stainless steel is the largest segment in the flanges market. This is due to its exceptional strength, longevity and unparalleled corrosion resistance, which are essential for the higher pressure and moderate temperature conditions of a very fluid dominated market with a wide variety of liquids and gases. In particular, chrome content adds rust resistance, and corrosion resistance, allowing service to be maintained long after the maximum pressure has been reached. By not degrading, the piping system can persist physically for long periods of time, along with retaining a level of serviceability at alarming pressures.
  
• In addition to its base corrosion and mechanical resistance, stainless steel is perhaps the most versatile metal for universal industrial applications. Indeed, there are grades that can be modified with additional elements such as nickel and molybdenum to enhance useful properties, such as resilience against extreme temperature variations, or highly aggressive chemicals. Coupled with its storied hygienic conditions, the pipers and other metallic parts can be made to serve reliably for long periods.
  
• For example, the oil and gas industry utilizes thousands of stainless-steel flanges for a range of uses including pipelines, refineries and offshore platforms as these contain corrosive hydrocarbons and operate at high pressures. Also, they are necessary in chemical processing plants to address corrosive chemicals, in power generation for critical parts of the facility, and in the food and beverage industry where there are extreme requirements for hygiene and corrosion resistance respond to an unusual long life expectancy.
  
• Some manufacturers sell automatic sliding doors (e.g., Dormakaba) are constantly investing in these features such as energy efficiency and integrated sensors to demonstrate the relative importance of the sliding door segment.
  

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Based on end use, the flanges market is segmented into oil & gas, petrochemical, power generation, wastewater management, chemical industry, others. Oil and gas dominate the market with 36% share in 2024, and the segment is expected to grow at a CAGR of over 6.5% from 2025 to 2034.

• The oil and gas industry represents most of the flanges market because these parts are generally essential and used extensively throughout oil and gas infrastructure.
  
• Flanges are essential components for equipment connections with a leak-proof seal for pipes, valves, pumps and various devices through countless oil and gas industry applications.
  
• Flanges allow for extremely volatile, corrosive fluids to be contained safely, but under massive pressure and temperature to provide operational safety and efficiency.
  
• Because of the magnitude of global oil and gas, from exploration and production to refining and transportation, a huge demand for flanges exists.
  
• In oil and gas environments, like an offshore drilling rig or the harsh environment of long-distance pipelines, the use of high-quality flanges that are built to last and reliable is a must to meet international standards.
  
• The use of flanges is extensive; nearly all facets of oil and gas have flange uses. A weld neck flange for example is used in critical, high-pressure systems like offshore drilling and refineries.
  
• An example of a flange is a blind flange to close off the end of a pipe when doing maintenance, valve removal or pipe expansion. An orifice flange is used in metering stations or refineries specifically for flow measurement.
  

Based on distribution channel, the flanges market is segmented into direct sales and indirect sales.

• Indirect sales channels, involving distributors and wholesalers, are prevalent in the flange market because it is a product that is applicable across many industries.
  
• Flanges are used in several industries as a standard component for connecting pipes, valves, and equipment which gives suppliers a large and dispersed customer base making direct sales from a manufacturer to an end-user less efficient and challenging to dispatch.
  
• Indirect sales channels dominate supply chain management processes because they offer factors like convenience, inventory breadth, and local support to a varied clientele. The logistics of the manufacturers get consolidated through distributors.
  
• Hence, the distributor can offer a one-stop shop to prospective buyers and allow them to freely price shop and receive their order in a shortened time frame. The manufacturers can disperse the overall supply chain to include the distributor that will manage the inventory for the buyer while the manufacturer focuses on production without retaining inventory or connection to buyer taking on the role of the distributor.
  
• Examples of this dominance are clearly reflected in the industrial Pipe, Valve, and Fitting (PVF) distribution space. Ferguson, MRC Global, DNOW Inc. as some of the world's largest global and regional PVF distribution companies, link the flange manufacturers and end-users in their respective industries that include oil and gas, petrochemical, and manufacturing.
  
• These companies maintain inventories and extensive logistical systems which allow for delivery of flanges to numerous projects globally in a short time window.
  

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In 2024, the U.S contributed significantly to the flanges market, generating revenue of USD 731.8 million.

• The United States exerts a considerable influence in the North America market due to its large oil and gas industry, petrochemical processing, and strong manufacturing sector.
  
• There are strict regulations, particularly in the energy and chemical industries, for the highest quality and compliant flanges, resulting in demand for new specialized and advanced products.
  
• North America is also an early adopter for advanced manufacturing processes and materials for flanges, placing a premium on performance, reliability, and compliance with international standards.
  

Europe flanges market holds second largest share in 2024 and is expected to grow at 4.6% during the forecast period.

• The Europe region has a sizeable presence in the flanges industry, with a mature industrial base, a strong emphasis on high-value manufacturing, and high environmental and safety standards. Industries in Germany, France, and the UK generally require precision-engineered flanges to provide consistent reliability in critical applications within the chemical, power generation, and water treatment sectors, all with growing pressure towards sustainability.
  
• Because of legislation, such as the Pressure Equipment Directive (PED) and REACH, European manufacturers must invest in quality, traceable, and environmentally compliant flange solutions.
  

Asia Pacific is both dominant and the fastest growing region and is expected to grow at 5.0% during the forecast period.

• The reasons for the domination of Asia Pacific are rapid industrialization, unprecedented infrastructure developments, and increasing energy demand from China, India, and Australia.
  
• The region is in a considerable shift towards automated manufacturing and quality control of flanges to satisfy the growing production demands of standard and complex engineered products used in various industries like petrochemicals, power generation and manufacturing while maintaining product safety and integrity.
  
• Growing disposable income and urbanization continue to grow production demand for new construction and industrial footprint growth which puts pressure on different flanges, for different applications.
  

Flanges Market Share

• The top 5 companies in the flanges industry are Outokumpu Group, Sandvik AB, Parker Hannifin Corporation, Viraj Profiles Ltd., AFG Holdings Inc. contributing around 16% of the market in 2024.
  
• Outokumpu is a global leader in stainless steel production. Their subsidiary, Outokumpu Armetal Stainless Pipe Co. Ltd (OASP), is a notable competitor in the flanges market, particularly for their high-grade stainless steel flanges, relying on their vast material expertise.
  
• Sandvik is a high-tech engineering group with a strong focus on steel products. They are a considerable manufacturer within the flanges market, most notably stainless steel flanges, and offer durable solutions for applications that require superior industrial performance.
  
• Parker Hannifin is a global leader in all types of motion and control technologies and systems (e.g., valves, hoses, and fittings). They manufacture an array of forged flanges used to connect pipes and values in industrial refrigeration and fluid systems known for precision and reliability.
  
• Viraj Profiles is acknowledged as one of the largest manufacturers in the world of stainless steel long products and the number one manufacturer of flanges. They are quality suppliers of a large variety and volume of stainless steel flanges to industries across the globe.
  
• AFG Holdings is an integrated supplier and OEM of a few various industrial components including flanges, and acquired Maass Flange Corporation in recent years, solidifying their position as a major manufacturer of carbon flanges, stainless steel flanges, and nickel alloy flanges for mission-critical industries.
  

Flanges Market Companies

Major players operating in the flanges industry are:

• Georg Fischer (GF Piping Systems)
• Parker Hannifin Corporation
• Alleima (formerly Sandvik Materials Technology)
• Outokumpu Oyj
• ASC Engineered Solutions
• Texas Flange
• Metalfar S.p.A.
• Bonney Forge
• Victaulic
• Flanschenwerk Bebitz GmbH
• Viraj Profiles Limited
• General Flange & Forge LLC
• Coastal Flange
• Parker Hannifin
• AFG Holdings, Inc.
• Viraj Profiles Pvt. Ltd.

• Bonney Forge is an established manufacturer with over one hundred years of experience producing high-quality forged steel fittings, valves, and branch connections. They are heavily involved in the marketplace by producing the complete line of forged and cast steel valves, with an expansive selection of specialty products including integral flanged valves, for critical industrial applications.
  
• Texas Flange is a prominent manufacturer and supplier serving the U.S. industry flanges. They offer ASME and non-code flanges with more options in materials and pressure classes than you could need for reliable connections in the petrochemical, process, and waterworks industries.
  
• Metalfar is a reputed manufacturer of forged steel flanges, fittings, and valves. They are backed with over fifty years of industry experience and are highly impact global recognized in the industry. They produce forged carbon, alloy, and stainless flanges, with a target audience of chemical, petrochemical, or oil companies.
  

Flanges Industry News

• In January 2025, Aperam acquired Universal Stainless & Alloy Products for $537 million to expand global specialty stainless steel production and its North American market presence.
  
• In October 2024, Southland Steel Fabricators made a $25 million investment to expand a structural steel production facility in Louisiana, with the goal of increasing structural steel production for the infrastructure and energy sectors.
  
• In September of 2024, Reinke Manufacturing invested $12 million in an automated welding system with the goal of improving efficiency and quality in their irrigation equipment manufacturing operations.
  
• In February of 2024, Reliance Steel & Aluminum announced the acquisition of American Alloy Steel for $310 million to increase its ability to produce specialty steel in both aerospace and energy.
  

The flanges market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue (USD Million) and Volume (Tons) from 2021 to 2034, for full diversification.

Market, By Product

• Integral hub flanges
• Loose flanges
• Closure flanges
• Specialty flanges

Market, By Pressure Temperature

• Low
• Medium
• High
• Extreme

Market, By Material

• Stainless steel
• Alloy steel
• Nickel alloy
• Carbon steel
• Others

Market, By Manufacturing Process

• Forged
• Cast
• Fabricated

Market, By End Use

• Oil & Gas
• Petrochemical
• Power Generation
• Wastewater Management
• Chemical Industry
• Others

Market, By Distribution Channel

• Direct sales
• Indirect sales

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia
  • Indonesia
• Latin America
  • Brazil
  • Mexico
• MEA
  • Saudi Arabia
  • UAE
  • South Africa