Market Overview:
The global spectacle flanges market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for spectacle flanges in waterworks industries, petrochemical, chemical processing and other applications. North America is expected to lead the global spectacle flanges market in terms of revenue during the forecast period followed by Europe and Asia Pacific.
Product Definition:
Spectacle flanges are used to join two pipes or tubes at their ends. The name comes from the fact that the flanges look like a pair of eyeglasses when viewed from the side. Spectacle flanges are usually made from metal, and they have a hole in the middle for each pipe or tube to fit through. They are held together with bolts, which go through the holes in the flanges and secure them to each other.
Spacer Fange:
Spacer fange is a device used to space the glasses or lenses of a frame from each other. It can be made of plastic, metal or wood and comes in various sizes. The most common form found in use today is the wooden spacer fange which has been around for many years and are still being used by many people as they are quite easy to make and very cheap compared to their alternatives such as glass spacer flanges.
Spade Fange:
Spade fange is a type of gate valve with two or four ports that are used in pipeline systems for controlling fluid flow. It’s named after its resemblance to a spade, which is the traditional gardening tool. Spade fange has several applications such as it can be used in pressure control and metering valves, and also acts as an outlet or source valve depending on the position it is installed in.
Application Insights:
The waterworks industries segment accounted for the largest revenue share in 2016 and is projected to continue leading over the forecast period. The growth can be attributed to growing demand for spectacles with high durability in construction and operation sectors. Spectacle flanges are used in various applications including municipal, industrial, chemical processing, oil & gas sector among others.
Water works industry was followed by petrochemical which accounted for a significant market share as well as revenue share of 17.9% in 2016 owing to increasing demand from across all major regions of the globe particularly Asia Pacific region where water infrastructure is inadequate or underdeveloped resulting into increased product adoption globally over recent years due to its superior performance.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing construction of water treatment plants and other infrastructure projects in India, China, Japan, and South Korea. In addition, rising demand for energy resources such as electricity and petroleum products is anticipated to drive product demand in this region.
The market in Europe accounted for a share of more than 20% owing to growing application scope in chemical processing industries due to high consumption of chemicals across various end-use sectors including food & beverage industry. Moreover, presence of major players with extensive distribution networks will support regional market growth over the forecast period.
Growth Factors:
- Increasing demand from the oil and gas industry
- Growing investments in infrastructure development
- Rising demand for lightweight and high-strength flanges from end-use industries
- Technological advancements in flange manufacturing processes
- Growing popularity of spectacles flanges in emerging economies
Scope Of The Report
Report Attributes
Report Details
Report Title
Spectacle Flanges Market Research Report
By Type
Spacer Fange, Spade Fange, Spectacle Blind Flange
By Application
Waterworks Industries, Petrochemical, Chemical Processing, Others
By Companies
Buffalo Flange, Rajendra Industrial Corporation, Amardeep Steel Centre, Nexus Alloys and Steels, Raaj Sagar Steels, Metal Industries, Neo Impex Stainless, Metal Udyog, Petromet Flange, Fit-Wel Industries
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Spectacle Flanges Market Report Segments:
The global Spectacle Flanges market is segmented on the basis of:
Types
Spacer Fange, Spade Fange, Spectacle Blind Flange
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Waterworks Industries, Petrochemical, Chemical Processing, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Buffalo Flange
- Rajendra Industrial Corporation
- Amardeep Steel Centre
- Nexus Alloys and Steels
- Raaj Sagar Steels
- Metal Industries
- Neo Impex Stainless
- Metal Udyog
- Petromet Flange
- Fit-Wel Industries
Highlights of The Spectacle Flanges Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Spacer Fange
- Spade Fange
- Spectacle Blind Flange
- By Application:
- Waterworks Industries
- Petrochemical
- Chemical Processing
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Spectacle Flanges Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Spectacle flanges are a type of eyeglasses frame that have a distinctive design and are often used to create an appearance that is more fashionable or stylish.
Some of the major players in the spectacle flanges market are Buffalo Flange, Rajendra Industrial Corporation, Amardeep Steel Centre, Nexus Alloys and Steels, Raaj Sagar Steels, Metal Industries, Neo Impex Stainless, Metal Udyog, Petromet Flange, Fit-Wel Industries.
The spectacle flanges market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Spectacle Flanges Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Spectacle Flanges Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Spectacle Flanges Market - Supply Chain
4.5. Global Spectacle Flanges Market Forecast
4.5.1. Spectacle Flanges Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Spectacle Flanges Market Size (000 Units) and Y-o-Y Growth
4.5.3. Spectacle Flanges Market Absolute $ Opportunity
5. Global Spectacle Flanges Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Spectacle Flanges Market Size and Volume Forecast by Type
5.3.1. Spacer Fange
5.3.2. Spade Fange
5.3.3. Spectacle Blind Flange
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Spectacle Flanges Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Spectacle Flanges Market Size and Volume Forecast by Application
6.3.1. Waterworks Industries
6.3.2. Petrochemical
6.3.3. Chemical Processing
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Spectacle Flanges Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Spectacle Flanges Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Spectacle Flanges Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Spectacle Flanges Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Spectacle Flanges Demand Share Forecast, 2019-2026
9. North America Spectacle Flanges Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Spectacle Flanges Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Spectacle Flanges Market Size and Volume Forecast by Application
9.4.1. Waterworks Industries
9.4.2. Petrochemical
9.4.3. Chemical Processing
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Spectacle Flanges Market Size and Volume Forecast by Type
9.7.1. Spacer Fange
9.7.2. Spade Fange
9.7.3. Spectacle Blind Flange
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Spectacle Flanges Demand Share Forecast, 2019-2026
10. Latin America Spectacle Flanges Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Spectacle Flanges Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Spectacle Flanges Market Size and Volume Forecast by Application
10.4.1. Waterworks Industries
10.4.2. Petrochemical
10.4.3. Chemical Processing
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Spectacle Flanges Market Size and Volume Forecast by Type
10.7.1. Spacer Fange
10.7.2. Spade Fange
10.7.3. Spectacle Blind Flange
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Spectacle Flanges Demand Share Forecast, 2019-2026
11. Europe Spectacle Flanges Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Spectacle Flanges Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Spectacle Flanges Market Size and Volume Forecast by Application
11.4.1. Waterworks Industries
11.4.2. Petrochemical
11.4.3. Chemical Processing
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Spectacle Flanges Market Size and Volume Forecast by Type
11.7.1. Spacer Fange
11.7.2. Spade Fange
11.7.3. Spectacle Blind Flange
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Typ
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Spectacle Flanges Demand Share, 2019-2026
12. Asia Pacific Spectacle Flanges Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Spectacle Flanges Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Spectacle Flanges Market Size and Volume Forecast by Application
12.4.1. Waterworks Industries
12.4.2. Petrochemical
12.4.3. Chemical Processing
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Spectacle Flanges Market Size and Volume Forecast by Type
12.7.1. Spacer Fange
12.7.2. Spade Fange
12.7.3. Spectacle Blind Flange
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Spectacle Flanges Demand Share, 2019-2026
13. Middle East & Africa Spectacle Flanges Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Spectacle Flanges Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Spectacle Flanges Market Size and Volume Forecast by Application
13.4.1. Waterworks Industries
13.4.2. Petrochemical
13.4.3. Chemical Processing
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Spectacle Flanges Market Size and Volume Forecast by Type
13.7.1. Spacer Fange
13.7.2. Spade Fange
13.7.3. Spectacle Blind Flange
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Spectacle Flanges Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Spectacle Flanges Market: Market Share Analysis
14.2. Spectacle Flanges Distributors and Customers
14.3. Spectacle Flanges Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Buffalo Flange
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Rajendra Industrial Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Amardeep Steel Centre
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Nexus Alloys and Steels
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Raaj Sagar Steels
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Metal Industries
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Neo Impex Stainless
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Metal Udyog
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Petromet Flange
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Fit-Wel Industries
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
