Bolts Market by Type (Half Screw Bolt and Full Screw Bolt), Material (Plastic and Metal), and End User (Automotive, Aerospace, Construction, Industrial Machinery and Other): Global Opportunity Analysis and Industry Forecast, 2021–2030
The global bolts market was valued at $46,854.3 million in 2020, and is projected to reach $81,174.7 million by 2030, registering a CAGR of 5.7% from 2021 to 2030. Bolts are a type of fastener that consist of a head and a cylindrical body with threads either throughout or along a portion of its length. Bolts are extensively used to secure objects in their position.
Full screw and half screw are the two major types of bolts. Bolts are installed in the precut bolt holes to secure two or more components. Bolts are extensively used for connecting various components in automotive manufacturing, aerospace manufacturing, construction projects and industrial machineries. Increasing investments in construction activities and various government initiatives to boost automotive industry propels the growth of the bolts market.
Increase in construction activities across the globe and growth of aerospace industry creates a demand for bolts. However, fluctuation in raw material prices and increase in energy prices may hamper the market growth. Furthermore, increasing purchasing power of masses in developing countries has boosted the demand for automobiles, thereby fueling the automotive industry and providing lucrative growth opportunities for the bolts market.
The global bolts market is segmented on the basis of type, material, end user, and region. By type, the market is categorized into half screw bolt and full screw bolt. Depending on material, it is fragmented into plastic and metal. On the basis of end user, it is categorized into automotive, aerospace, construction, industrial machinery and other. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
COMPETITION ANALYSIS
Key companies profiled in the bolts market report include AB Steel Inc., B&G Manufacturing, Big Bolt Nut, Brunner Manufacturing Co., Inc., Fabory, Fastenal Company, KD Fasteners Inc., Keller & Kalmbach GmbH, Reyher and Rockford Fastener, Inc.
KEY BENEFITS FOR STAKEHOLDERS
The report provides an extensive analysis of the current and emerging bolts market trends and dynamics.
In-depth market analysis is conducted by constructing market estimations for the key market segments between 2020 and 2030.
Extensive analysis of the bolts market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
A comprehensive analysis of all regions is provided to determine the prevailing opportunities.
The global bolts market forecast analysis from 2021 to 2030 is included in the report.
The key market players within bolts market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the bolts industry.
KEY SEGMENTS
BY TYPE
Half Screw Bolt
Full Screw Bolt
BY MATERIAL
Plastic
Metal
BY END USER
Automotive
Aerospace
Construction
Industrial Machinery
Other
BY REGION
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
KEY PLAYERS
AB Steel Inc.
B&G Manufacturing
Big Bolt Nut
Brunner Manufacturing Co., Inc.
Fabory
Fastenal Company
KD Fasteners, Inc.
Keller & Kalmbach Gmbh
Reyher
Rockford Fastener, Inc.
List of Company Profiles
AB Steel Inc.
B&G Manufacturing
Big Bolt Nut
Brunner Manufacturing Co., Inc.
Fabory
Fastenal Company
KD Fasteners, Inc.
Keller & Kalmbach Gmbh
Reyher and Rockford Fastener, Inc.
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