Los Angeles, CA -- (SBWire) -- 04/13/2019 --Bolt is a fastener consisting of a threaded pin or rod with a head at one end, designed to be inserted through holes in assembled parts and secured by a mated nut that is tightened by applying torque.
The classification of bolts includes Half Screw Bolt, Full Screw Bolt. The proportion of Half Screw Bolt in 2016 is about 66.7%, and the proportion of Full Screw Bolt in 2016 is about 33.3%.
Bolts are application in automotive, machinery, construction, MRO and other industry. The most proportion of bolts is used in automotive, and the market share in 2016 is about 23.8% and the proportion of machinery in 2016 is about 19.5%
Market competition is intense. With the development of society and the changing of consumer demand, the bolts industry will be more and more popular in the future.
The global Bolt (Fastener) market was 24100 million US$ in 2018 and is expected to 27100 million US$ by the end of 2025, growing at a CAGR of 1.5% between 2019 and 2025.
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This report studies the Bolt (Fastener) market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Bolt (Fastener) in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Würth
KAMAX
Acument
Stanley
LISI Group
Araymond
Marmon
Infasco
Gem-Year
Nucor Fastener
Arconic (Alcoa)
CISER
Sundram Fasteners
TR Fastenings
Karamtara
Cooper & Turner
Tianbao Fastener
ATF
Ganter
Nitto Seiko
Oglaend System
XINXING FASTENERS
Penn Engineering
AFI Industries
By the product type, the market is primarily split into
Half Screw Bolt
Full Screw Bolt
By the end users/application, this report covers the following segments
Automotive
Machinery
Construction
MRO
Other
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Bolt (Fastener) Market Growing at 1.5% CAGR Will Hit 27100 Million US$ in 2025