Flanges Market to Hold 60% Industry Share Via Weld Neck Segments By 2025

As per estimates, the global weld neck flanges market is projected to account for over 60 per cent of the overall industry share by 2025. Flanges, owing to their aforementioned properties serve as a pivotal component for various plumbing and engineering equipment whilst serving expansively to the application industries some of which include, power generation sector, oil and gas, petrochemical, wastewater treatment, and various others.

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The international guidelines enforced with respect to wastewater treatment and sanitation have laid accentuation on the organization of flanges in the pipelines. These flanges can be conveniently assembled or disassembled while helping in effortless cleaning and ensuring progressive flow of fluids thereby empowering the safety of marine environment.

Flanges find applications in power generation operations and are used extensively in heat exchangers, vessels, boilers, and various other operational equipment. Apparently, global power generation sector rose over 2.8 per cent in 2017 on the grounds of the robust expansion in renewable energy and is likely to fuel the market expansion during 2019-2025 as well.

The flanges used in different industrial sectors and applications have been manufactured from stainless steel, alloy steel, nickel alloy, and carbon steel. Stainless steel being the most preferable raw material is predicted to account for over 45 per cent of the total flanges market share by 2025.

Asia Pacific apparently may hold almost 50% of the global flanges market share accounting to the rising demands for wastewater management in the states of China, India, Thailand, and Indonesia which would complement the product penetration in the region whilst supporting the business growth. For instance, the state of Karnataka of late announced submitting a proposal and an action plan for reusing over 20 per cent of secondary treated water in the region by the end of 2020.

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Some Point from Table of Contents:

Chapter 5. Flanges Market, By Size

5.1. Global flanges market, size insights

5.2. 0.5 to 12 inches

5.2.1. Market estimates and forecast, 2014 - 2025

5.2.2. Market estimates and forecast by region, 2014 – 2025

5.3. 13 to 24 inches

5.3.1. Market estimates and forecast, 2014 - 2025

5.3.2. Market estimates and forecast by region, 2014 – 2025

5.4. 25 to 60 inches

5.4.1. Market estimates and forecast, 2014 - 2025

5.4.2. Market estimates and forecast by region, 2014 – 2025

Chapter 6. Flanges Market, By Shape

6.1. Global flanges market, shape insights

6.2. Weld Neck

6.2.1. Market estimates and forecast, 2014 - 2025

6.2.2. Market estimates and forecast by region, 2014 – 2025

6.3. Slip-on

6.3.1. Market estimates and forecast, 2014 - 2025

6.3.2. Market estimates and forecast by region, 2014 – 2025

6.4. Lap joint

6.4.1. Market estimates and forecast, 2014 - 2025

6.4.2. Market estimates and forecast by region, 2014 – 2025

6.5. Socket weld

6.5.1. Market estimates and forecast, 2014 - 2025

6.5.2. Market estimates and forecast by region, 2014 – 2025

6.6. Blind

6.6.1. Market estimates and forecast, 2014 - 2025

6.6.2. Market estimates and forecast by region, 2014 – 2025

6.7. Others (threaded, blind, etc.)

6.7.1. Market estimates and forecast, 2014 - 2025

6.7.2. Market estimates and forecast by region, 2014 – 2025

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