Earthmoving Fasteners Market report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency.
Los Angeles, CA -- (SBWIRE) -- 02/15/2019 -- An earth moving fastener is a hardware device that mechanically joins or affixes two or more objects in earth moving machine together.The global earth moving fasteners market accounted for 108.46 K MT in 2016, and is anticipated to reach 159.16 K MT by 2022.
China is the dominant consumption country of earth moving fasteners, the sales of earth moving fasteners is 34.20 K MT in 2016, according about 31.53% of the total amount.. Asia-Pacific is the second largest sales area, with the market share of 22.68% in 2016. Even though a huge space for growth in the Asia market exists, the quality and technology should further improve.
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Leading players in earth moving fasteners industry are Vescovini (sbe) ,Gem-year, Shandong Gaoqiang and Standard Parts. Vescovini is the largest manufacturer, occupies about 6.81% revenue share of the market.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area. There will have more investment enter this field. In the next five years, the consumption volume will keep slow increasing, as well as the consumption value.
The global Earthmoving Fasteners market is valued at 290 million US$ in 2018 is expected to reach 400 million US$ by the end of 2025, growing at a CAGR of 4.6% during 2019-2025.
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This report focuses on Earthmoving Fasteners volume and value at global level, regional level and company level. From a global perspective, this report represents overall Earthmoving Fasteners market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Vescovini (sbe), Gem-year, Shandong Gaoqiang, Standard Parts, Shanghai Prime, AJAX, Donhad, Infasco, Nord-Lock Group, Sanko, ATC, Dongah, BYG, National Bolt & Nut, MPS
Segment by Type
Bolts, Nuts, Others
Segment by Application
Excavators, Loaders, Bulldozers, Others
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