Global Bolt Market Outlook to 2030 – Featuring AB Steel, Big Bolt Nut and Fastenal, among others – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The report “Bolts Market by Type, Material and End User: Global Opportunity Analysis and Industry Forecast, 2021-2030” has been added to from ResearchAndMarkets.com offer.

According to Verified Market Research, Global Bolts Market was valued at USD 46,854.3 Million in 2020 and is projected to reach USD 81,174.7 Million by 2030, registering a CAGR of 5.7% from 2021 to 2030.

Bolts are a type of fastener that consists of a head and a cylindrical body with threads along its entire length or part of its length. Bolts are widely used to fix objects in their position.

Full screw and half screw are the two main types of bolts. Bolts are installed in the pre-cut bolt holes to secure two or more components. Bolts are widely used to connect various components in automotive manufacturing, aerospace manufacturing, construction projects, and industrial machinery. Rising investment in construction activities and various government initiatives aimed at boosting the automotive industry are propelling the growth of the bolts market.

An increase in construction activities across the world and the growth of the aerospace industry are creating a demand for bolts. However, fluctuating commodity prices and rising energy prices may hamper the growth of the market. Additionally, increasing purchasing power of the masses in developing countries has boosted the demand for automobiles, thereby fueling the automotive industry and providing lucrative growth opportunities for the bolts market.

Key Benefits

  • The report provides an in-depth analysis of current and emerging Bolts market trends and dynamics.

  • In-depth market analysis is performed by constructing market estimates for key market segments between 2020 and 2030.

  • An in-depth analysis of the Bolts market is performed by tracking key product positioning and monitoring key competitors within the scope of the market.

  • A comprehensive analysis of all regions is provided to determine the prevailing opportunities.

  • Global Bolts Market forecast analysis from 2021 to 2030 is included in the report.

  • Key market players of the Bolts market are profiled in this report and their strategies are thoroughly analyzed which helps to understand the competitive outlook of the Bolts industry.

Market dynamics

Drivers

  • Construction industry growth

  • Growth of the manufacturing sector

  • Technical and economic efficiency

Detention

  • Fluctuating cost of raw materials

  • Less precision of bolted connections

Opportunity

  • Increase in demand from the automotive industry

Key segments

By type

  • Half Screw Bolt

  • screw bolt complete

By material

Per end user

  • Automotive

  • Aerospace

  • Construction

  • Industrial machinery

  • Other

By region

  • North America

  • WE

  • Canada

  • Mexico

  • Europe

  • Germany

  • UK

  • France

  • Italy

  • The 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.

For more information on this report, visit https://www.researchandmarkets.com/r/ypg4er

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