Global Carbon Steel Flanges Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Carbon Steel Flanges Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A flange is an external or internal ridge, or rim (lip), for strength, as the flange of an iron beam such as an I-beam or a T-beam; or for attachment to another object, as the flange on the end of a pipe, steam cylinder, etc., or on the lens mount of a camera; or for a flange of a rail car or tram wheel.

Market Overview:

The latest research study on the global Carbon Steel Flanges market finds that the global Carbon Steel Flanges market reached a value of USD 352.25 million in 2022. It’s expected that the market will achieve USD 468.7 million by 2028, exhibiting a CAGR of 4.88% during the forecast period.

Application in electronic devices.

Flanges have a specific purpose in cameras and other electronic devices. Though flanges in such items do not usually have to sustain high pressures, they do have to hold tight so they can keep out harmful particles. These flanges are usually found connecting two different materials, such as the glass of a lens and the rest of the body of the camera.

Application in the wastewater management industry.

Carbon Steel Flanges market has been witnessing a significant growth rate accredited to rising awareness for wastewater management programs worldwide. International regulations and frameworks associated with wastewater treatment and sanitation such as Water Supply and Sanitation Collaborative Council (WSSCC), have laid emphasis on the deployment of flanges in pipelines. Since these flanges can be easily assembled and disassembled, it helps in effortless cleaning & maintenance to ensure constant flow of liquids and enable protection of marine environment.

Growth in the power generation industry.

With escalating power generation activities, global Carbon Steel Flanges market is striving towards an increasing growth trend for the past few years. According to BP plc, global power generation rose by 2.8% in 2017 driven by strong expansion in renewable energy. Furthermore, hydroelectricity and solar energy are the two main drivers behind the constant growth of power generation industry. Global hydel power generation has escalated to a larger extent than the previous years. Most of this growth is underpinned by increasing government support.

Region Overview:

Geographically, Europe held the largest market share – 23.52% in 2022.

Company Overview:

AFGlobal is one of the major players operating in the Carbon Steel Flanges market, holding a share of 4.51% in 2023.

AFGlobal

AFGlobal Corporation is a technology and manufacturing specialist dedicated to improving the success of our customers around the world. We provide technology, service and fully integrated manufacturing capabilities to our global customers.

ULMA Piping

ULMA Piping is the brand name of the flange manufacturing cooperative company ULMA Forja, S.Coop. The company, established in 1962, is located in the town of Oñati in the Basque Country of northern Spain, an area with a deep-rooted industrial tradition.

Segmentation Overview:

By type, Weld Neck Flange segment accounted for the largest share of market in 2022.

Application Overview:

By application, the Food Industry segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Carbon Steel Flanges market covered in Chapter 3:

SBK
ULMA Group
Yaang Pipe Industry Co., Limited
Texas Flange
Tioga
Sunny Steel Enterprise Ltd.
Flanschenwerk Bebitz GmbH
AFGlobal
IPP Group
Rajendra Industrial
KOFCO
Champ Steel Process
Star Tubes & Fittings

In Chapter 4 and Chapter 14.2, on the basis of types, the Carbon Steel Flanges market from 2018 to 2029 is primarily split into:

Blind Flange
Weld Neck Flange
Slip-On Flange
Socket Weld Flange
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Carbon Steel Flanges market from 2018 to 2029 covers:

Petrochemical Industry
Pharmaceutical Industry
Food Industry
Aviation and Aerospace Industry
Architectural Decoration Industry
Oil and Gas Industry

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)