Global Rock Bolts Market Growth 2023-2029
Rock bolts are threaded steel bars that are used to secure potentially unstable blocks on the face of a rock cut. The process involves drilling through the unstable block and into more competent rock beyond the failure surface. The steel bar is then inserted into the hole and grouted into place using a cement based grout. In some applications, only the bottom portion of the rock bolt is grouted to create a bonded and un-bonded zone. This allows for the rock bolt to be tensioned against the unstable block resulting in active pressure to hold the mass in place.
LPI (LP Information)' newest research report, the “Rock Bolts Industry Forecast” looks at past sales and reviews total world Rock Bolts sales in 2022, providing a comprehensive analysis by region and market sector of projected Rock Bolts sales for 2023 through 2029. With Rock Bolts sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Rock Bolts industry.
This Insight Report provides a comprehensive analysis of the global Rock Bolts landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Rock Bolts portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Rock Bolts market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Rock Bolts and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Rock Bolts.
The global Rock Bolts market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Rock Bolts is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Rock Bolts is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Rock Bolts is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Rock Bolts players cover Sinorock, EMCOR Underground, Srons Engineers, Vipul Sameer Agencies Pvt. Ltd., Canco Fasteners, Sigricare, Rocksafe Anchors, SB Engineering and Consultants and BNKM India, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Rock Bolts market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Mechanical Rockbolts
Fully Encapsulated Rockbolts
Frictional Rockbolts
Energy-absorbing Rockbolts
Segmentation by application
Metallurgical industry
Construction Industry
Sports and Outdoors
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Sinorock
EMCOR Underground
Srons Engineers
Vipul Sameer Agencies Pvt. Ltd.
Canco Fasteners
Sigricare
Rocksafe Anchors
SB Engineering and Consultants
BNKM India
Key Questions Addressed in this Report
What is the 10-year outlook for the global Rock Bolts market?
What factors are driving Rock Bolts market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Rock Bolts market opportunities vary by end market size?
How does Rock Bolts break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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