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Flanges Market Trends

  • Report ID: GMI3443
  • Published Date: Jul 2023
  • Report Format: PDF

Flanges Market Trends

The growing rate of urbanization and population along with the consequent need for investing in water infrastructure for ensuring adequate water supply and wastewater management will influence the demand for flanges. According to the UNICEF, more than two billion people reside in countries with inadequate water supply. Rising usage to join sections of pipes together to facilitate easy installation, maintenance, and disassembly in wastewater systems to cater to the burgeoning need for regular inspection and repair will add to the market development.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of flanges is anticipated to witness more than 5.5% CAGR from 2023 to 2032, due to the growing rate of power generation worldwide to cater to wide spectrum of industrial applications.

Flanges market size from the oil & gas sector is expected to record notable CAGR from 2023 to 2032, on account of growing usage in upstream pipeline, refineries and oil extraction processes for facilitating the flow of liquids.

Asia Pacific records more than 45% share of the flanges market and is expected to record significant traction through 2032, driven by the presence of well-established steel sector along with the increasing steel production in the region.

Some of the major flange providers are Pro-Flange, Outokumpu Armetal Stainless Pipe Co Ltd, Coastal Flange Inc, Flanschenwerk Bebitz GmbH, Kerkau Manufacturing, Simtech Process Systems, Mass Global Group, Kohler Corporation, and SSI Technologies, Inc.

Flanges Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 918
  • Countries covered: 21
  • Pages: 378
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