Flange Fasteners Market – Global Industry Analysis and Forecast (2023-2029) by Type, Material Type, End User and Region

Flange Fasteners Market was valued US$ 3.57 Bn in 2022 and is expected to reach US$ 5.02 Bn. by 2029, at a CAGR of 5% during the forecast period.

Flange Fasteners Market Introduction

In the global market, flange fasteners are clamping devices for fixing flanges to each other on a pipeline. Bolts and nuts are used to fasten flanges on a pipeline or equipment, and they make up the entire flange fasteners. One of the driving forces for the worldwide flange fasteners market is the continued rise of EPC (Engineering, Procurement, and Construction) businesses across all significant regions and nations.Flange Fasteners MarketTo know about the Research Methodology :- Request Free Sample Report

Flange Fasteners Market Dynamics

One of the driving forces for the worldwide flange fasteners market is the continued rise of EPC (Engineering, Procurement, and Construction) businesses across all significant regions and nations. Due to the growing demand for fluid transportation through pipelines and the processes linked with them in various equipment, industrial investment is expected to increase dramatically in the future years. For example, in the coming years, MEA (Middle East and Africa) is expected to see a significant increase in industrial infrastructure. Furthermore, Asia Pacific continues to be the largest market in terms of industrial activities, particularly processing sectors, with increased investments in pipeline infrastructure expansion in the area. In the near future, these development aspects are expected to generate a lucrative potential for the flange fasteners market. One of the driving force for the worldwide flange fasteners market is the continued rise of EPC (Engineering, Procurement, and Construction) businesses across all significant regions and nations. Due to the growing demand for fluid transportation through pipelines and the processes linked with them in various equipment, industrial investment is expected to increase dramatically in the future years. For example, in the coming years, MEA (the Middle East and Africa) is expected to see a significant increase in industrial infrastructure. Furthermore, The Asia Pacific continues to be the largest market in terms of industrial activities, particularly processing sectors, with increased investments in pipeline infrastructure expansion in the area. In the near future, these development aspects are expected to generate a lucrative potential for the flange fasteners market. By the mid-term estimate, the petrochemical industry is expected to account for more than xx% of flange production as attachment components in pipelines, valves, and pumps. The petrochemical industry is predicted to grow rapidly, as the usage of flanges in this industry can benefit valve metering devices as well as distinct pipeline segments.

Flange Fasteners Market Segment Analysis

The automotive flanges segment is expected to gain traction in the near future, with huge revenue sales expected over the forecast period. The key factors implicit behind the growing sales of automotive flanges are the ease with which they can be cleaned as well as the reduction in maintenance costs. Major manufacturers are implementing new fabrication techniques and using novel materials to fabricate lightweight automotive flanges in order to reduce the overall mass of the vehicle. The demand for lightweight composite automotive flanges is rapidly increasing. Stainless steel, carbon steel, aluminum, alloys, cast iron, and composites are a few of the materials used in the fabrication of automotive flanges in the commercial marketplace. Carbon steel is one of the materials available for automotive flanges. Also, automotive flanges come in a variety of shapes and sizes, including welding neck, slip-on, flat, blind, and threaded. These designs are created in such a way that they can meet the requirements of a specific application. Furthermore, automotive flange manufacturers are eager to fabricate flanges of various dimensions that are custom-made to meet the needs of the end-user.

Flange Fasteners Market Regional Insights

Strict rules and regulations for the safety of equipment and working personnel have increased demand for flange fasteners in all major regions, which is expected to propel the flange fasteners market forward in the near future. The increasing use of pipelines for the transportation of various fluids in key regions such as North America, Europe, and Japan is propelling the flange fasteners market in this region. As a result of the presence of key automakers' production units in the region, North America is expected to remain the leading region for flange fasteners penetration. Western Europe is also capturing a significant share of the flange fasteners market, as the EU5 countries are fully committed to increasing their fleets of automobiles. With an increase in automotive vehicle production in the APAC region, particularly in China, India, and ASEAN countries, the demand for flange fasteners are expected to rise significantly. In addition, collective efforts from these APAC countries to promote overall passenger vehicle sales are expected to boost the automotive flanges market. Over the forecast period, emerging countries in Latin America and the Middle East and Africa are expected to account for a significant market value share in the global flange fasteners market.

Flange Fasteners Market Report Scope: Inquire before buying

Flange Fasteners Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2017 to 2022 Market Size in 2022: US $ 3.57 Bn.
Forecast Period 2023 to 2029 CAGR: 5% Market Size in 2029: US $ 5.02 Bn.
Segments Covered: by Type • Nut • Bolts • Screws • Grub Screws • Others
by Material Type • Stainless Steel • Cast Iron • Others
by Application • Automotive • Chemical • Oil & Gas • Energy • Pharmaceutical

Flange Fasteners Market, by Region

North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)

Flange Fasteners Market Key Players are:

• Fastenal Company • Wilhelm Bollhoff GmbH und Co. KG • STANLEY Engineered Fastening • Locknut Technology • Jergens Inc. • KMT Fasteners • K.M Steel India • FULLER • Ramco Specialties • Jeng Bright International Corporation • Zhejiang Zhenglian Industrial Development • 3M • National Bolt & Nut • Ramco Specialties • Jiuliang Fastener Manufacturing, • Wenzhou City LongwanHongda Fastener • Haiyan Brother United Fastener • Infasco • KMT Fasteners Frequently Asked Questions: 1. Which region has the largest share in Global Flange Fasteners Market? Ans: North America region held the highest share in 2022. 2. What is the growth rate of Global Flange Fasteners Market? Ans: The Global Flange Fasteners Market is growing at a CAGR of 5% during forecasting period 2023-2029. 3. What is scope of the Global Flange Fasteners Market report? Ans: Global Flange Fasteners Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Flange Fasteners Market? Ans: The important key players in the Global Flange Fasteners Market are – Fastenal Company, Wilhelm Bollhoff GmbH und Co. KG, STANLEY Engineered Fastening, Locknut Technology, Jergens Inc., KMT Fasteners, K.M Steel India, FULLER, Ramco Specialties, Jeng Bright International Corporation, Zhejiang Zhenglian Industrial Development, 3M, National Bolt & Nut, Ramco Specialties, Jiuliang Fastener Manufacturing,, Wenzhou City LongwanHongda Fastener, Haiyan Brother United Fastener, Infasco, and KMT Fasteners. 5. What is the study period of this Market? Ans: The Global Flange Fasteners Market is studied from 2022 to 2029.
1.Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Flange Fasteners Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Flange Fasteners Market 3.4. Geographical Snapshot of the Flange Fasteners Market, By Manufacturer share 4. Global Flange Fasteners Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Flange Fasteners Market 5. Supply Side and Demand Side Indicators 6. Global Flange Fasteners Market Analysis and Forecast, 2022-2029 6.1. Global Flange Fasteners Market Size & Y-o-Y Growth Analysis. 7. Global Flange Fasteners Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 7.1.1. Nut 7.1.2. Bolts 7.1.3. Screws 7.1.4. Grub Screws 7.1.5. Others 7.2. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 7.2.1. Stainless Steel 7.2.2. Cast Iron 7.2.3. Others 7.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 7.3.1. Automotive 7.3.2. Chemical 7.3.3. Oil & Gas 7.3.4. Energy 7.3.5. Pharmaceutical 8. Global Flange Fasteners Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Flange Fasteners Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 9.1.1. Nut 9.1.2. Bolts 9.1.3. Screws 9.1.4. Grub Screws 9.1.5. Others 9.2. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 9.2.1. Stainless Steel 9.2.2. Cast Iron 9.2.3. Others 9.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 9.3.1. Automotive 9.3.2. Chemical 9.3.3. Oil & Gas 9.3.4. Energy 9.3.5. Pharmaceutical 10. North America Flange Fasteners Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Flange Fasteners Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 11.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 12. Canada Flange Fasteners Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 12.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 13. Mexico Flange Fasteners Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 13.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 14. Europe Flange Fasteners Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 14.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 15. Europe Flange Fasteners Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Flange Fasteners Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 16.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 17. France Flange Fasteners Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 17.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 18. Germany Flange Fasteners Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 18.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 19. Italy Flange Fasteners Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 19.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 20. Spain Flange Fasteners Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 20.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 21. Sweden Flange Fasteners Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 21.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 22. CIS Countries Flange Fasteners Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 22.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 23. Rest of Europe Flange Fasteners Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 23.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 24. Asia Pacific Flange Fasteners Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 24.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 25. Asia Pacific Flange Fasteners Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Flange Fasteners Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 26.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 27. India Flange Fasteners Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 27.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 28. Japan Flange Fasteners Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 28.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 29. South Korea Flange Fasteners Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 29.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 30. Australia Flange Fasteners Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 30.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 31. ASEAN Flange Fasteners Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 31.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 32. Rest of Asia Pacific Flange Fasteners Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 32.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 33. Middle East Africa Flange Fasteners Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 33.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 34. Middle East Africa Flange Fasteners Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Flange Fasteners Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 35.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 36. GCC Countries Flange Fasteners Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 36.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 37. Egypt Flange Fasteners Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 37.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 38. Nigeria Flange Fasteners Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 38.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 39. Rest of ME&A Flange Fasteners Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 39.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 40. South America Flange Fasteners Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 40.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 41. South America Flange Fasteners Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Flange Fasteners Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 42.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 43. Argentina Flange Fasteners Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 43.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 44. Rest of South America Flange Fasteners Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 44.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Flange Fasteners Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Fastenal Company 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Wilhelm Bollhoff GmbH und Co. KG 45.3.3. STANLEY Engineered Fastening 45.3.4. Locknut Technology 45.3.5. Jergens Inc. 45.3.6. KMT Fasteners 45.3.7. K.M Steel India 45.3.8. FULLER 45.3.9. Ramco Specialties 45.3.10. Jeng Bright International Corporation 45.3.11. Zhejiang Zhenglian Industrial Development 45.3.12. 3M 45.3.13. National Bolt & Nut 45.3.14. Ramco Specialties 45.3.15. Jiuliang Fastener Manufacturing, 45.3.16. Wenzhou City LongwanHongda Fastener 45.3.17. Haiyan Brother United Fastener 45.3.18. Infasco 45.3.19. KMT Fasteners 45.3.20. Other Key Players 46. Primary Key Insights
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