Press release
Flanges Market Growth Driven by Industrial Expansion and Technological Innovation; Projected to Reach $7.33 Billion by 2029
Flanges Market Share
What Is The Projected Market Size Of The Global Flanges Market And Its Growth Rate?
The flanges market has shown considerable growth recently:
- Market size in 2024: $5.19 billion
- Projected market size in 2025: $5.53 billion (6.5% CAGR)
- Predicted market size in 2029: $7.33 billion (7.3% CAGR)
This robust growth stems from a surge in industrial growth, the expansion of the oil and gas industry, power generation projects, and rapid development in shipbuilding, marine, and chemical industries.
What Is Driving The Growth In The Flanges Market?
The growth of the global flanges market is significantly propelled by the expanding petroleum industry, where flanges are vital components in piping systems. The continuous construction, expansion, and operations of pipelines, oil and gas exploration, upstream and downstream projects, international trade, and global energy demands all contribute to rising requirements for flanges. For instance, in 2022, according to Statistique Canada, the production of refined petroleum products reached 112.3 million cubic meters, indicating a 0.8% increase compared to the previous year. This increase was primarily attributed to a sharp rise in kerosene-type jet fuel and distillate fuel oil production. Therefore, the upturn in the petroleum industry strengthens the growth narrative of the flanges market.
For a closer look at the market, Request A Free Sample Copy here: https://www.thebusinessresearchcompany.com/sample.aspx?id=9065&type=smp
Who Are the Key Players Driving Flanges Market Growth?
Several leading companies driving the growth of the global flanges market include:
- SSI Technologies LLC
- Simtech Process Systems
- Qontrol Devices Inc.
- Saini Flange Pvt Ltd
- AFG Holdings
- Coastal Flange
- General Flange and Forge LLC
- Mass Global Group
- METALFAR Prodotti Industrial SA
- Outokumpu Armetal Stainless Pipe Co.
- Pro-Flange Ltd.
- Sandvik AB
- Texas Flange
- Fastenal Company
- Wilhelm Bollhoff GmbH und Co KG
- STANLEY Engineered Fastening
- Bebitz GmbH
- Bonney Forge Corporation
- C&N Industrial Limited
- Cangzhou Ritia Pipe-Fittings Manufacture Co Ltd.
What Are The Key Trends In The Flanges Market?
Key trends in the flanges market include:
- Integration with digital twin technologies
- Focus on sealing technologies
- Technological integration in flange design
- Advancements in manufacturing technologies
- Emphasis on global events and energy policies
What Are The Segments Of The Global Flanges Market?
The global flanges market is segmented by:
- By Type: Welding Neck, Long Welding Neck, Slip-On, Socket Weld, Lap Joint, Other Types
- By Material: Carbon Steel, Stainless Steel, Aluminum, Polymer, Other Materials
- By End User: Aviation And Aerospace, Petrochemical, Architectural Decoration, Food And Beverages Processing, Construction, Other End-Users
Which Region Leads The Flanges Market?
Asia-Pacific was the dominant region in the flanges market in 2024, followed by regions such as Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The growth in this region can be attributed to rapid industrialization, infrastructure development, and significant expansion in chemical, oil and gas, and petrochemical sectors.
Don't delay, Pre-book the Report for Swift Delivery now: https://www.thebusinessresearchcompany.com/report/flanges-global-market-report
What Is Covered In The Global Flanges Market Report?
- Market Size Analysis: Analyze the Flanges Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Flanges Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Flanges Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Flanges Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Do you need specific market information tailor-made to your requirements? Request Customization for This Report here: https://www.thebusinessresearchcompany.com/customise?id=9065&type=smp
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Flanges Market Growth Driven by Industrial Expansion and Technological Innovation; Projected to Reach $7.33 Billion by 2029 here
News-ID: 3826370 • Views: …
More Releases from The Business Research Company
Leading Companies Fueling Growth and Innovation in the Sun Care Products Market
The sun care products market is on track for substantial expansion as consumer awareness about skin protection intensifies worldwide. With evolving preferences and technological advancements shaping product offerings, this sector is set to witness robust growth in the coming years. Let's explore the market's size projections, key players, emerging trends, and major segments driving its development through 2030.
Projected Size and Growth Trajectory of the Sun Care Products Market
The…
Future Perspectives: Key Trends Shaping the Styrene Butadiene Rubber (SBR) Based …
The styrene butadiene rubber (SBR) based adhesive market is on track for notable growth as we approach 2030. Driven by a variety of factors including expanding infrastructure projects and rising demand across multiple industries, this sector is poised for steady expansion. Let's explore the market's size projections, key players, emerging trends, and the main segments shaping its future.
Projected Growth and Market Size of Styrene Butadiene Rubber Based Adhesives
The…
Emerging Sub-Segments Transforming the Stearic Acid Market Landscape
The stearic acid market is poised for significant expansion in the coming years, driven by evolving demand across various industries. This report explores the projected market size, leading companies, key trends, and segment analysis shaping the future of this vital chemical.
Stearic Acid Market Size and Growth Outlook
The stearic acid market is set to grow robustly, reaching a valuation of $54.63 billion by 2030. This represents a compound annual…
Market Trend Insights: The Impact of Recent Innovations on the Specialty Pestici …
The specialty pesticides sector is on the verge of significant expansion as global agricultural practices continue to evolve. Driven by increasing demand for crop protection and sustainable farming techniques, this market is set to experience robust growth in the coming years. Let's explore the market's anticipated value, leading companies, emerging trends, and detailed segmentation to gain a comprehensive understanding of this dynamic industry.
Projected Market Size and Growth Expectations for Specialty…
More Releases for Flange
Waveguide port - flange size comparison table
The relationship between waveguide port dimensions, flange [https://www.leader-mw.com/rf-integrated-load-dc-18ghz-with-tab-mount-20w-power-product/] sizes, and frequency bands is standardized to ensure mechanical compatibility and optimal RF performance. Below is a simplified comparison table and key principles for common rectangular waveguides and their associated flanges.
Key Concepts
1. Waveguide Designation: Waveguides are labeled with "WR" (Waveguide Rectangular) followed by a number (e.g., WR-90). The number approximates the inner broad-wall dimension in hundredths of an inch (e.g., WR-90 almost…
Stainless Steel Double Flange Dismanting Joint
Leaks, difficult maintenance, and complex installation are common challenges in industrial pipeline systems. Our stainless steel double flange dismantling joint [https://www.hesperrubber.com/hesper-steel-dismantling-joint-for-pipe-connection-1-product/], with its innovative dismantling design, offers you an efficient, reliable, and economical solution.
Image: https://ecdn6.globalso.com/upload/m/image_other/2025-12/62-copies.jpg
Comprising two independent flange modules paired with quickly replaceable sealing components, it connects via standardized bolts, achieving unprecedented convenience.
Independent Flange Modules: Each module features complete sealing and connection structures. They have distinct roles, easily connecting to…
Introduction of Plate-type Flat Welding Flange - Huachao
Plate type flat welding flange requires inserting the pipe into the flange for welding. It's the most common flange and easy to obtain materials. Plate-type flat welding flange is simple to manufacture, it has low cost and it's widely used.
Image: https://www.getnews.info/uploads/c4d8606869d057fdde287bfd806e86ef.jpg
1. Applications:
Due to its excellent comprehensive performance, plate type flat welding flanges are widely used in basic engineering such as chemical industry, construction, water supply, drainage, petroleum, light and heavy…
Flanges Market Key Players - Coastal Flange Inc, AFG Holdings Inc, General Flang …
United States, New Jersey: Flanges Market size was valued at 4.86 Billion in 2021 and is projected to reach USD 7.46 Billion by 2030, growing at a CAGR of 4.62% from 2023 to 2030.
The Flanges Market has been experiencing significant growth over the past few years, driven by technological advancements, shifting consumer preferences, and increasing investment from both public and private sectors. This market encompasses a wide range of products and…
Flanges Market Trends 2025 by Top Players Flange & Forge LLC, Texas Flange, Pro- …
Flourishing growth in global oil & gas industry is the key factor stimulating flanges market. Flanges are equipment of connecting pipes, pumps, valves and many other objects to form a piping system in refineries as well as in upstream activities. A flanged joint is made by combined bolting of two flanges with a gasket to provide a seal.
The equipment provides easy access for various industrial application like cleaning, modification…
Flange Joints Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Flange Joints Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Flange Joints players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Flange Joints with respect to individual growth…
