Flange Market – Top Participant to Focus on Regional Expansion

The global flange market is projected to grow at a moderate CAGR of over 5.5% and reach a value of over USD 7 billion during the forecast period (2019-2027) . Demand for flanges is expected to gain traction in the near future and is projected to generate massive revenues over the forecast period.

The following report provides forecast and analysis of the global flange market, along with historical data for 2013, pro forma data for 2019, and forecast data till 2027, according to FactMR. study.

This study, along with several macroeconomic indicators, presents important trends that are currently influencing growth within the global flange market. This newly published insightful report on flanges sheds light on the key dynamics and their impact on the entire value chain, from suppliers to end users, which are expected to change the future of the global flange market.

The report also consists of a study of end-user current issues and opportunities for flanges. It also includes value chain analysis including key market players. To provide users of this report with a comprehensive view of the market, we have included a detailed competitive analysis of the major players involved in the market and a strategic overview.

Download sample copy of this report: https://www.factmr.com/connectus/sample?flag=S&rep_id=4472?pk

A dashboard included in the report provides a detailed comparison of flange manufacturers on parameters such as total revenue, product offerings, and key strategies. The list of major companies operating in the flange market provided in the report adds to the credibility of this thorough research study.

Global Flanges Market: An In-Depth Assessment of Key Segments

The global flange market is segmented on the basis of type, material, end-use industry, and region.

By type:
- weld neck
- long weld neck
- slip on
- socket weld
- lap joint
- Others (threaded, blind)
By material:
- carbon steel
- stainless steel
- aluminum
- polymer
- Others (cast iron, bronze)
By end-use industry:
- aviation and aerospace
- petrochemical
- architectural decoration
- food and beverage processing
- erection
By region:
- North America
- Latin America
- europe
- APAC

A segmented market that relies on production capacity most concentrated in APAC

A competitive flange business environment is shaped by the presence of several small and large businesses. Players in the market are mainly concentrated in Asian countries, followed by North America. Companies are adopting different strategies to differentiate themselves from other players. In Italy, for example, AF Global has integrated its business with specialty flanges. The merger is intended to strengthen the company's production capacity and product portfolio