Global Orifice Flanges Market Overview:
Orifice flanges are disc-shaped flange engineered with either a raised face or a ring-type joint facing. It is used to measure the flow of the fluid conveyed by the pipeline via a flow nozzle positioned on the flange itself. Orifice flanges are manufactured for mounting an orifice plate between the welding neck flanges. These flanges are widely used in conjunction with orifice meters for measuring the volumetric flow rate of liquids and gases through a pipe. It is used in heavy and light chemicals, steel, paper, nuclear, gas processing and transmission, petrochemicals, sewage & water treatment, power generation, oil production, and refining applications. Some of the players profiled in the study are Imperial Flange & Fitting Company, Inc. (United States), Precision Flange & Machine Inc. (United States), Sunny Steel (China), Elite Piping Manufacture Co., Ltd. (China), Kerkau Manufacturing (United States), KROHNE Group (Germany), Texas Flange (United States), Hebei Shengtian Pipe-Fittings Group (China), Seiko Flowcontrol GmbH (Austria) and Kelley Instrument Machine, Inc. (United States).
On the basis of geography, the market of Orifice 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). If we see Market by End User Industry, the sub-segment i.e. Oil & Gas Industry will boost the Orifice Flanges market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Orifice Flange Size, the sub-segment i.e. Upto 1 inch will boost the Orifice Flanges market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Pressure Classes, the sub-segment i.e. 300# will boost the Orifice Flanges market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Flange Face Type, the sub-segment i.e. Flate Face (FF) will boost the Orifice Flanges market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- High Demands of Orifice flanges in Oil and Gas Industry
- Increasing Use in Heavy and light chemicals
Influencing Trend
- Demand for Orifice Flanges in Customized Sizes
Restraints
- Fluctuation in the Raw Material Prices
Opportunities
- Rising Government Spending On Wastewater Treatment
- Growing Demand from Emerging Countries
Challenges
- Aggressive Competition From Regional Counterparts Manufacturers
The global orifice flanges market is largely competitive and consists of several vendors who compete based on factors such as pricing and product quality. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant risk factors for the growth of loan service providers.
Target Audience:
New Entrants/Investors, Analysts and Strategic Business Planners, Orifice Flanges Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-User Industry
Major Objectives Focused through this Study
To define, describe, and forecast the Global Orifice Flanges market on the basis of product [Weld Neck, Slip-On and Threaded] , application [], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Orifice Flanges market with respect to major geographies, namely, 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)
To strategically profile the key players and analyzing their market shares and core competencies in the Orifice Flanges industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are Caman Engineering (Australia), Hebei Haihao High Pressure Flange Pipe Fitting (China), Sanjay Bonny Forge Pvt. Ltd (India), James Duva Inc. (United States), Kerkau Manufacturing (United States) and Rexino stainless & Alloys (India).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Orifice Flanges market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.