Global Flange market cagr 10.9%

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Flange Market

Flange Market Scope: Industry Analysis, Market

Size, Growth, Trends Till 2031

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Flange Market Size and Growth

The flange market is projected to grow significantly, driven by increasing demand in construction and manufacturing sectors. Current market size is estimated at approximately $20 billion, with a compound annual growth rate (CAGR) of 5% expected over the next five years. Market conditions reflect heightened industrial activity and infrastructure development.

Companies Covered

(Covid 19 Impact Covered)

◍ Baum Kunststoffe GmbH

◍ ALFAGOMMA

◍ Belgicast

◍ Coraplax

◍ ELAFLEX

The flange market features companies like Baum Kunststoffe GmbH, ALFAGOMMA, and ELAFLEX, which innovate in materials and applications. They enhance product quality and expand market reach, driving global demand. Revenue figures include ALFAGOMMA with €1.6 billion (2022), Baum Kunststoffe GmbH at €150 million, and ELAFLEX around €250 million.

◍ ESKATE Rohrverbindungstechnik GmbH

◍ FGS Brasil

◍ Highlight Technology

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Market Segmentation

By Application

◍ Chemical Industry ◍ Building Industry ◍ Feed Water Industry ◍ Oil Industry

Fire Industry

By Product

◍ Integral Flange ◍ Threaded Flange ◍ Butt Welding Flange

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Market Growth

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$ X Billion USD

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