Flaring Tool Market Size, Share, Statistics, Trend Analysis and Forecast Report, 2020 - 2027

Flaring Tool Market is segmented by Product (Hammer Type Flaring Tool, Double Flaring Tool, Single Flaring Tool, Degree Flaring Tool, Hydraulic In-line Flaring Tool, Combination Flaring Tool, In-line Flaring Tool, and Pipe Flaring Tool), and by Size (1/8 inch, 3/16 inch, 1/4 inch, 5/16 inch, 3/8 inch, 7/16 inch, 1/2 inch, 5/8 inch, 3/4 inch, and Others), and by Distribution Channel (Direct sales and Indirect sales), and by Application (Residential, Commercial, and Industrial), and by Industry (Automotive, Chemical, Construction, Defense & Aerospace, Electronic, Mining, Oil & Gas, Consumer Goods, and Others), and by Region (United States, Canada, Mexico, France, Germany, Italy, Spain, United Kingdom, Russia, China, India, Philippines, Malaysia, Australia, Austria, South Korea, Middle East, Japan, Africa and Rest of World)

  • Report ID : MD2322
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  • Pages : 267
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  • Tables : 81
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  • Formats :

Flaring Tool Market size was estimated at $xx Billion in 2020 and is expected to reach $xx Billion by 2027, growing at a CAGR of 9.8% during the forecast period of 2020 to 2027.

Market Definition / Research Scope

Flaring tools are handheld appliances used to enhance the size of pipes made of copper or other adaptable metal, without replacing or cutting pieces of pipes. The tools are used to perform jobs such as brake line replacement and transmission cooling line replacement. Flaring tools are employed to work on water pipes made up of 3/4 inch soft copper. In addition, flaring tools can be utilized to locate the valid steel length line, which can be costumed in shape.
Flaring tools are utilized to flare pipe tube against a similarly shaped suiting, for the purpose of forming exceptionally powerful joints between the piping. The major reason for using flaring tools is that they can construct a very large contact area, which makes them valid for use in tubing ends.
Flaring tools are essentially adaptive devices used for pipe fitting in different industries such as construction and automotive. Except for this, flaring tools are used in applications where flexible metal piping is needed. Besides, these tools have the ability to expand ends of pipe sections as per the requirement.

Flaring Tool Market Growth and Trends

Driving factors for the industry :
• The global flaring tool market is projected to expand significantly in the near future, due to growth of the global automotive industry in developed and developing economies all over the world.
• Rise in the demand for flaring tools in the construction industry, for use in plumbing of pipes to desired length, is likely to propel the demand for global flaring tool market during the forecast period.
• Increase in the demand for replacement of damaged pipes and pipes with leakage in underground pipe lines among oil & gas and petrochemical industries is one of the major factors estimated to fuel the demand for global flaring tool market in the next few years.
• This precision tool provides uniform smooth, flares with minimum effort also increasing the use of this tool in the HVAC application is accelerates the flaring tool market growth. Moreover, increasing demand for the flaring tools in the automotive and construction industry is expected to propel the growth of the flaring tool market during the forecast period.
• Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players, triggering the market growth.
• North America is anticipated to constitute a significant share of the global flaring tool market during the forecasted period, due to expansion of the oil & gas industry and growth of rapid industrialization in the region,
• The flaring tool market in Europe is expected to expand significantly in the next few years, due to growth of the automotive industry in the region, boosting the market growth.
• The flaring tool market in Asia Pacific is expected to expand significantly during the forecast period, due to growth of the industry and increase in construction activities in the region.
• Middle East & Africa (MEA) is likely to witness rise in the demand for flaring tools during the forecast period, due to growth of the oil & gas industry in the region as well.

Challenges for the industry :Flaring tool handling is very risky and must only be done by well trained, skilled authorised labour or workmen, which could otherwise lead to accidents and fatal injuries. This in turn results in high labour cost, which hampers and acts as a restraint for the flaring tool market.

Flaring Tool Market Regional Analysis
Flaring Tool Market Share and Competition
Key companies operating in this industry are: 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., and Arconic. Similar industries in this domain that is growing at a high CAGR include Decoy Flares Market and Toolroom Machine (Machine Tools) Market.

Flaring Tool Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy

Industry Segmentation and Revenue Breakdown
Product Analysis (Revenue, USD Million, 2020 - 2027)
• Hammer Type Flaring Tool
• Double Flaring Tool
• Single Flaring Tool
• Degree Flaring Tool
• Hydraulic In-line Flaring Tool
• Combination Flaring Tool
• In-line Flaring Tool
• Pipe Flaring Tool

Size Analysis (Revenue, USD Million, 2020 - 2027)
• 1/8 inch
• 3/16 inch
• 1/4 inch
• 5/16 inch
• 3/8 inch
• 7/16 inch
• 1/2 inch
• 5/8 inch
• 3/4 inch
• Others

Distribution Channel Analysis (Revenue, USD Million, 2020 - 2027)
• Direct sales
• Indirect sales

Application Analysis (Revenue, USD Million, 2020 - 2027)
• Residential
• Commercial
• Industrial

Industry Analysis (Revenue, USD Million, 2020 - 2027)
• Automotive
• Chemical
• Construction
• Defense & Aerospace
• Electronic
• Mining
• Oil & Gas
• Consumer Goods
• Others

Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World

Flaring Tool Market Companies
• Emerson Electric Co.
• Malco Products
• Acme Tools
• Entegris
• Ferguson Enterprises, LLC
• Hilmor
• Fastenal Company
• SSP Fittings Corp.
• Arconic

Available Versions: -
United States Flaring Tool Market Research Report
Europe Flaring Tool Market Research Report
Asia Pacific Flaring Tool Market Research Report
India Flaring Tool Market Research Report


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