flange industry news

flange industry news

According to data from Statista, the global market size of ring-type joint flanges is expected to reach 21.5 billion US dollars by 2025, with China’s market share projected to exceed 38%

 making it the world’s core production and consumption market. The market presents a three-tier structure: "foreign-funded enterprises dominate the ultra-high-end segment, joint ventures control the high-end segment, and local enterprises occupy the mid-end segment". Foreign-funded enterprises hold a 73% market share in the ultra-critical service flange segment, while local enterprises, leveraging their cost advantages, focus on the mid-end markets such as petrochemicals and construction. The manufacturing cost of local enterprises’ products is only 58%-67% of that of foreign-funded products

company news

Dingxiang Jinyu Forging Delivers Multi-Specification Stainless Steel Flanges on October 27

On October 27, 2025, a batch of 316L stainless steel flanges from Dingxiang County Jinyu Forging Co., Ltd. passed inspection, was packaged, and shipped to Jiangsu.

This batch includes two major series: one is the weld neck (WN) flanges compliant with ASME B16.5, with nominal diameters ranging from DN50 to DN200, suitable for medium-high pressure and temperature-fluctuating working conditions; the other is the slip-on (PL) flanges meeting ASME B16.47 standards, in specifications of DN500 and DN600, designed to meet large-diameter pipeline needs.

The 316L stainless steel material boasts strong corrosion resistance, making it applicable to harsh scenarios across multiple fields. Jinyu Forging strictly controls quality throughout the entire process, achieving a 100% product qualification rate. This delivery demonstrates its strength in customized production.