Global Blind Rivet Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Blind Rivet Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Blind rivets are named so because they can be installed without access to the back side of the item being riveted. They are composed of the rivet and an integrated mandrel.

Market Overview:

The latest research study on the global Blind Rivet market finds that the global Blind Rivet market reached a value of USD 1042.47 million in 2022. It’s expected that the market will achieve USD 1260.67 million by 2028, exhibiting a CAGR of 3.22% during the forecast period.
With the rapid development of construction, automotive and aerospace industry in emerging markets, such as China and India, we tend to believe this industry is a steady development industry. Different regions will have different market performance based on the downstream driving. For product prices, the slow downward trend in recent years will maintain in the future as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin. Global mergers and acquisitions and cooperation of major players will be more obvious.

Growing Market of Blind Rivet

Escalating geo-political tensions, international terrorist acts threatening the security of nations and intra-national conflicts giving rise to many civil wars have created an opportunity for defense contractors. This, in turn, has given a boost to the outlook for the aerospace and defense industry.

Limitations

Regional development gap
Product price distinction is obvious
The market is highly dispersed, the developed countries monopolize the global high-end products
market

Opportunities

The joint venture is conducive to the exchange of technology between different regions;
Emerging markets, represented by China and India, are strong in the automotive and aerospace sectors;
Demand for infrastructure and transport in countries represented by South Africa, Brazil and Mexico will continue to increase.

Region Overview:

From 2022-2027, North America is estimated to witness robust growth prospects

Company Overview:

Stanley Engineered Fastening, Arconic Fastening Systems / Alcoa - Marson & Huck, Gesipa, SRC (Special Rivets Corporation) and Bralo are the five key players in the global Blind Rivet market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Blind Rivet market in the past 5 years.

Segmentation Overview:

By type, Open End segment accounted for the largest share of market in 2021.

Application Overview:

By application, the Automobile segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Blind Rivet market covered in Chapter 3:

Bralo
Gesipa
Industrial Rivet / Rivet King
Brazil
Cherry Aerospace
Arconic Fastening Systems / Alcoa
Allfast
Honsel
R&R/Canadian Blind Rivet (CBRC)
Marson & Huck
Hengfeng rivet
Stanley Engineered Fastening
Ornit
Wuxi 3 Star Rivets
Bollhoff
Handan Yuanda Metal Products
Wuxi Anshida Hardware Company
SRC (Special Rivets Corporation)
FAR
Gesibras
FASTFIX

In Chapter 4 and Chapter 14.2, on the basis of types, the Blind Rivet market from 2018 to 2029 is primarily split into:

Open End
Closed End

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Blind Rivet market from 2018 to 2029 covers:

Automobile
Aerospace
Construction
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)