Flanges Market Overview, Growth, Trends, Analysis
Key factors fueling the growth of the flanges market include the rise in investment in oil and gas infrastructure development, reconstruction of existing onshore and offshore oil and gas rigs, and an increase in the number of enhanced oil recovery projects worldwide. In addition, rapid industrialization across developing regions and reconstruction or renovation of aged industrial infrastructure in the developed regions are anticipated to raise the demand for flanges in pipeline applications. Additionally, the increase in utilization of flanges in the rapidly growing renewable energy industry across the globe is further expected to create opportunities for the players operating in the flanges market. Furthermore, increasing focus on improving energy efficiency, advancing material technology, and integrating digital technologies in predicting flanges performance are expected to be the key trends in the flanges market globally from 2023 to 2031.
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Top Key Major Players:-
- AFG Holdings, Inc.
- Armetal Stainless Pipe
- Coastal Flange, Inc.
- Flanschenwerk Bebitz GmbH
- General Flange and Forge LLC
- Mass Global Group
- METALFAR Prodotti Industrial SpA
- Proflange; Sandvik AB
- Texas Flange
- KME Germany GmbH
