Global Stainless Steel Flanges Market Growth 2019-2024

Source: https://www.researchbymarkets.com/report/global-stainless-steel-flanges-market-growth-2019-2024-311869.html

Flange is a type of industrial flange designed to transfer stresses to the pipe to reduce high stress concentrations at the base of the flange. Compared with other types, Weld Flanges are known for their tapered hub and gentle transition from flange thickness to pipe wall thickness. They are deformation-resistant, and are normally used for high pressure, high or low temperature conditions.
According to the Segmentation of types, all the market of Stainless Steel Flanges can be divided as follows:
The first main kind is Weld Flange, it hold a comparatively larger share in global market, which accounts for about 80.07% in 2018.
Another main kind is Blind Flange, for many companies, Blind Flange is attractive because of the market consumption. The Blind Flange share the rest 9.72% market share in 2018.
Slip-On Flange and Others hold the rest share, which accounts for about 10.21% in 2018 together.

Crowdfunding campaigns have showed that there is plenty of scope for innovation. The world leading players in the Stainless Steel Flanges market are Outokumpu, Viraj Profiles Limited, Sandvik, Metalfar, AFGlobal, Bebitz, Melesi, Kofco, Core Pipe, Galperti Group, SBK, Maass Flange Corp, IPP Group, Arcus Nederland BV, Dacapo Stainless and so on. These Top companies currently account for more than 61% of the total market share and are expected to retain their dominating hold over the market during the forecast period. As consumer interest increases, this market will attract other major companies which want to extend their brand equity.

According to this study, over the next five years the Stainless Steel Flanges market will register a 3.4% CAGR in terms of revenue, the global market size will reach US$ 1093.8 million by 2024, from US$ 925.3 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Stainless Steel Flanges business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Stainless Steel Flanges market by product type, application, key manufacturers and key regions and countries.

This study considers the Stainless Steel Flanges value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Weld Flange
Blind Flange
Slip-On Flange
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Petrochemical Industry
Food and Pharmaceutical Industry
Architectural Decoration Industry
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Outokumpu
Viraj Profiles Limited
Sandvik
Metalfar
AFGlobal
Bebitz
Melesi
Kofco
Core Pipe
Galperti Group
SBK
Maass Flange Corp
IPP Group
Arcus Nederland BV
Dacapo Stainless

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Stainless Steel Flanges consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Stainless Steel Flanges market by identifying its various subsegments.
Focuses on the key global Stainless Steel Flanges manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Stainless Steel Flanges with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Stainless Steel Flanges submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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