Flaring tools are basically adaptive instruments used for pipe fitting in various industries such as construction and automotive. Besides this, flaring tools are used in applications wherein flexible metal piping is required. Moreover, these tools have the ability to expand ends of pipe sections as per the requirement. Furthermore, a flaring tool is a precision-designed instrument used in the construction of 45° flares in tubing made of soft brass, copper, aluminum, or mild steel.
This report contains market size and forecasts of Flaring Tool in global, including the following market information:
Global Flaring Tool Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Flaring Tool Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Flaring Tool companies in 2021 (%)
The global Flaring Tool market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Double Flaring Tool Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Flaring Tool include Emerson Electric Co., Malco Products, Acme Tools, SUPER TOOL Co. Ltd., MAXCLAW TOOLS CO., LTD., Entegris, ROMAC INDUSTRIES, INC., Ferguson Enterprises, LLC and Hilmor, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Flaring Tool manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Flaring Tool Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Flaring Tool Market Segment Percentages, by Type, 2021 (%)
Double Flaring Tool
Single Flaring Tool
Combination Flaring Tool
Global Flaring Tool Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Flaring Tool Market Segment Percentages, by Application, 2021 (%)
Automotive
Chemical
Construction
Defense & Aerospace
Electronic
Mining
Oil & Gas
Consumer Goods
Others
Global Flaring Tool Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Flaring Tool Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Flaring Tool revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Flaring Tool revenues share in global market, 2021 (%)
Key companies Flaring Tool sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Flaring Tool sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Emerson Electric Co.
Malco Products
Acme Tools
SUPER TOOL Co. Ltd.
MAXCLAW TOOLS CO., LTD.
Entegris
ROMAC INDUSTRIES, INC.
Ferguson Enterprises, LLC
Hilmor
Fastenal Company
SSP Fittings Corp.
Arconic