Press release
Flanges Market to exceed US$ US$ 7,460.20 million by 2031, says Premium Market Insights
The flanges market size was valued at US$ 7,460.20 million in 2023 and is projected to reach US$ 10,589.40 million by 2031; it is expected to register a CAGR of 4.5% during 2023-2031.Flanges Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (Weld Neck, Slip-On, Socket Weld, Lap Joint, Blind, and Others), Material (Stainless Steel, Carbon Steel, Alloy Steel, and Others), Industry (Oil & Gas, Chemical & Petrochemical, Power Generation, Manufacturing, Water Management, Food & Beverages, Others), and GeographyGet PDF Sample Report + All Related Table and Graphs @: https://www.premiummarketinsights.com/sample/TIP00035821?utm_source=OpenPR&utm_medium=10823
Competitive Landscape: Flanges Market:
The scope of the global flanges market report entails type, material, industry, and region. Based on type, the flanges market is segmented into weld neck, slip-on, socket weld, lap joint, blind, and others. In terms of material, the market is classified into stainless steel, carbon steel, alloy steel, and others. Based on industry, the market is categorized into oil & gas, chemical & petrochemical, power generation, manufacturing, water management, food & beverages, and others. Based on geography, the flanges market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.China is a major oil and gas producer in Asia Pacific, and it is also considering the construction of new oil and gas rigs in the offshore platforms across its different locations. In May 2023, China announced the completion of a new 12,000-ton offshore drilling rig construction. By supporting such projects, the country is pushing its offshore drilling activities to lower the dependency on imports of oil and gas products. In June 2023, China announced its intentions to drill deeper into offshore platforms, irrespective of its possible repercussions on its relations with the US.
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
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Chapter Details of Flanges Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Flanges Market Landscape
Part 04: Flanges Market Sizing
Part 05: Flanges Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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