Scope of the Study
Spectacle flanges are commonly applied to permanently separating pipe systems, or just to connect with each other. A Spectacle flange is a piece of steel plate cut into two discs having a certain thickness. The two discs are attached to each other by section of steel similar to the nose piece of a pair of glasses. One of the discs is a ring plate whose inside diameter is equal to that of a flange, and the other is solid. Increasing manufacturing industry is projected the growth of the spectacle flanges market in the forecast period.
The market study is being classified by Type (Spacer Fange, Spade Fange and Spectacle Blind Flange), by Application (Waterworks Industries, Petrochemical, Chemical Processing, Mechanics and Others) and major geographies with country level break-up.
Buffalo Flange (United States), Outokumpu (Finland), Korea Flange Co., Ltd. (South Korea), Core Pipe (United States), Rajendra Industrial Corporation (India), Amardeep Steel (India), Nexus Alloys and Steels (India), Raaj Sagar Steels (India), Metal Industries (India) and Neo Impex Stainless (India) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Viraj Profiles Ltd (India), Metalfar (Italy) and SBK (China).
The number of large and small vendors are present in the market hence showcasing the highly fragmented nature of the market. The market players are adopting the indirect marketing channel for expanding their business presence.The Manufacturers having a strong hold in the market are Buffalo Flange, Outokumpu, Korea Flange Co., Ltd., and Core Pipe. Research Analyst at AMA predicts that Asian Manufacturers will contribute to the maximum growth of Global Spectacle Flanges market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Spectacle Flanges market by Type, Application and Region.
On the basis of geography, the market of Spectacle Flanges has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Demand from the Process Industry
- Increasing Petrochemical and Oil and Gas Industry
- Increasing Investment in Mega Construction Projects
- Increasing Failures in Flange Joints
- Growing Demand from Automotive Industry
- Robust Competitive Rivalry might Stagnant Demand of the Spectacle Flanges
Key Target AudienceSpectacle Flange Manufacturers, Spectacle Flange Distributors, Government Research Institutes, Potential Investors and Government Bodies, Business Research and Consulting Service Providers and Others
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