Demand for Flanges to Double as Petrochemical Industry Gathers Momentum – FactMR Study

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250 Pages Flanges Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

The global COVID-19 pandemic has turned several industries upside down by causing disruptions in their daily operations and limiting the supply of raw materials, hampering production and growth.

The report offers actionable and valuable market insights of Flanges. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Flanges Market across various industries and regions.

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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Flanges market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Flanges

This newly published and insightful report sheds light on Market Insights of Flanges, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Flanges Market.

Global Flanges Market: In-Depth Assessment on Key Segments

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

Type ·         Welding Neck ·         Long Welding Neck·         Slip-On·         Socket Weld·         Lap Joint·         Others (Threaded, Blind)
Material ·         Carbon Steel ·         Stainless Steel·         Aluminum·         Polymer·         Others (Cast Iron, Bronze)
End Use Industry ·         Aviation and Aerospace ·         Petrochemical·         Architectural Decoration·         Food & Beverages Processing·         Construction
Region ·         North America ·         Latin America·         Europe·         APAC·         MEA

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Global Flanges Market – Scope Of The Report

The following report provides forecast and analysis of the global flanges market along with the historical data of 2013, estimated data 2019 and forecast data up to 2027 in terms of revenue (US$ Mn) and volume (Units), according to a Fact.MR study.

The research propounds critical trends that are currently influencing growth within the global flanges market along with several macro-economic indicators. This newly published and insightful report on flanges sheds light on key dynamics, and their impact on the overall value chain from suppliers to end-users, which are expected to transform the future of the global flanges market.

The report also comprises the study of current issues with end users and opportunities for flanges. It also contains value chain analysis, including the key market participants. To provide users of this report with a comprehensive view of the market, we have included a detailed competitive analysis about the key players involved in the market and strategic overviews.

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

Country-specific assessment on demand for flanges has been provided for each regional market, along with the market size valuation and forecast price point assessment, price index and impact analysis of key regional and country-wise dynamics, which were obtained through quotes from numerous flanges manufacturers, experts, and suppliers.

Y-o-Y growth projections have also been offered on all regional markets incorporated in the report. Moreover, future trends, growth prospects, and other possibilities related to the market have been answered in the report.

The report provides company-level market share analysis, which has been derived on the basis of the company’s annual sales and segmental revenue in all the target end-use industries. The market has been forecasted based on constant currency rates.

The report provides detailed competitive and company profiles of key participants operating in the global market. Some of the major competitors operating in the flanges market are General Flange & Forge LLC, Outokumpu Armetal Stainless Pipe Co Ltd, Pro-Flange Limited, Kerkau Manufacturing, Texas Flange, Mass Global Group and others.

Key Takeaways of Flanges Market:

  • Global power generation increased by over 3% in 2018, led by strong renewable energy growth. In addition, hydroelectricity and solar energy are the two main drivers behind the steady growth of the flanges market.
  • The stainless steel segment acquired a share of over 40% of all the manufacturing content on the flanges market due to its ability to provide high corrosion resistance, extreme temperatures and ease of manufacture
  • Welded neck flanges will hold a significant share of over 50% during the forecast period. Welded neck flanges are identified as long-tapered hubs, which can typically be used in any pipe / fitting, accentuating its demand.
  • The petrochemicals segment holds a prominent share of over 35% within the global flanges market in 2018. Flanges are used to allow the movement of liquids in upstream pipelines, refineries and in oil extraction processes
  • Driven by the region’s numerous developing countries, Asia Pacific has emerged as the largest flanges market in 2018 with over 1/3rd market share

“The market for automotive flanges is expected to gather momentum in the near future and is projected to generate high revenue sales over the forecast period. The key factors behind the growing sales of automotive flanges are facilitated cleaning and reducing maintenance costs” says the Fact.MR analyst

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Key Question answered in the survey of Flanges market report:

  • Sales and Demand of Flanges
  • Growth of Flanges Market
  • Market Analysis of Flanges
  • Market Insights of Flanges
  • Key Drivers Impacting the Flanges market
  • Which are the Key drivers impacted by Flanges market
  • Restraints Shaping Market Growth
  • Market Survey of Flanges

More Valuable Insights on Flanges Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Flanges, Sales and Demand of Flanges, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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