Market Overview:
The global locking nuts market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for locking nuts in construction, power generation, transportation, and other applications. Metal nuts are expected to dominate the global locking nuts market during the forecast period owing to their high strength and durability. However, plastic nuts are projected to grow at a higher CAGR than metal nuts during the forecast period as they offer several advantages such as corrosion resistance and lightweight. Asia Pacific is expected to be the fastest-growing region for the global lockingnuts market duringthe forecastperioddue tothedemandfrom emerging economies such as China and India.
Product Definition:
A locking nut (or locking bolt) is a nut with one or more tabs that protrude outwards. When the nut is tightened, these tabs dig into the surface of the material surrounding it, preventing it from loosening. This is particularly useful in applications where vibration or rotation could loosen the nut otherwise. Locking nuts are often used in conjunction with bolts, to ensure that they remain securely fastened together.
Metal Nuts:
Metal Nuts are used in various applications such as fastening, machine coupling and locking nuts. They are available in two forms including plastic coated and plain metal. The product is manufactured using steel, alloy metals or aluminum which acts as a key factor driving the market growth. In addition, increasing demand for metal nuts from the construction sector is expected to fuel its demand over the forecast period.
Plastic Nuts:
Plastic nuts and bolts are manufactured using plastic resin, which is a non-corrosive material. Plastic nuts & bolts have numerous advantages over metal counterparts. These include resistance to rusting, easier maintenance, lightweight (as compared to metal), higher strength (metal: 20% plastic: 80%), etc. The most important factor that influences the locking nut market is the ease of use in terms of installation and removal as well as their cost effectiveness.
Application Insights:
The construction application segment led the global locking nuts market in 2017. The growth can be attributed to increasing urbanization and industrial development in emerging economies including China, India, Brazil and Mexico. In addition, the rising demand for high-quality steel products for construction activities is expected to drive the product demand over the forecast period.
The power generation application segment accounted for a significant share of 21% in terms of revenue on account of growing investments by governments across various countries to develop hydroelectricity projects and promote renewable energy sources such as wind and solar energy owing to initiatives taken by governments across various regions toward sustainable development goals. This is anticipated to further increase investment spending on coal-fired power plants which are majorly used throughout Asia Pacific region thereby driving product demand over next seven years or so.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in infrastructure development, which is driving demand from construction application. In addition, rising disposable income of consumers and increasing population are likely to contribute towards industry growth over the next eight years.
Europe was valued at USD X billion in 2017 owing to growing construction activities coupled with stringent regulations for safety purposes that have driven product demand across Europe countries including Germany, France, Italy and U.K., among others.
North America accounted for a significant share of global revenue due to increased spending on industrial facilities by companies including Boeing Co., General Electric Co.
Growth Factors:
- Increasing demand from the automotive and aerospace industries
- Growing popularity of locking nuts in construction and engineering applications
- Rising awareness about the benefits of using locking nuts over conventional fasteners
- Technological advancements that have led to the development of new and innovative locking nut designs
- The increasing use of composite materials in manufacturing, which has created a need for high-quality locking nuts
Scope Of The Report
Report Attributes
Report Details
Report Title
Locking Nuts Market Research Report
By Type
Metal Nuts, Plastic Nuts
By Application
Construction, Power Generation, Transportation, Other
By Companies
AMECA, HYTORC, Schaeffler Technologies, Bollhoff, NTN-SNR, isel Germany AG, Arconic, AMF Andreas Maier, JAKOB, INSERCO, PANOZZO S.R.L., KVT-Fastening AG, Stanley Engineered Fastening, DLM srl, Nadella, Lederer, PENN Engineering, Nuova Bellodi TIBI srl
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Locking Nuts Market Report Segments:
The global Locking Nuts market is segmented on the basis of:
Types
Metal Nuts, Plastic Nuts
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Construction, Power Generation, Transportation, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AMECA
- HYTORC
- Schaeffler Technologies
- Bollhoff
- NTN-SNR
- isel Germany AG
- Arconic
- AMF Andreas Maier
- JAKOB
- INSERCO
- PANOZZO S.R.L.
- KVT-Fastening AG
- Stanley Engineered Fastening
- DLM srl
- Nadella
- Lederer
- PENN Engineering
- Nuova Bellodi TIBI srl
Highlights of The Locking Nuts Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Metal Nuts
- Plastic Nuts
- By Application:
- Construction
- Power Generation
- Transportation
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Locking Nuts Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Locking nuts are a type of fastener that is used to secure two pieces of wood together. They are made from a metal or plastic frame with several teeth that fit into the holes in the other piece of wood. The nut is then tightened by hand, using a wrench, until it's snug.
Some of the key players operating in the locking nuts market are AMECA, HYTORC, Schaeffler Technologies, Bollhoff, NTN-SNR, isel Germany AG, Arconic, AMF Andreas Maier, JAKOB, INSERCO, PANOZZO S.R.L., KVT-Fastening AG, Stanley Engineered Fastening, DLM srl, Nadella, Lederer, PENN Engineering, Nuova Bellodi TIBI srl.
The locking nuts market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Locking Nuts Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Locking Nuts Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Locking Nuts Market - Supply Chain
4.5. Global Locking Nuts Market Forecast
4.5.1. Locking Nuts Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Locking Nuts Market Size (000 Units) and Y-o-Y Growth
4.5.3. Locking Nuts Market Absolute $ Opportunity
5. Global Locking Nuts Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Locking Nuts Market Size and Volume Forecast by Type
5.3.1. Metal Nuts
5.3.2. Plastic Nuts
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Locking Nuts Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Locking Nuts Market Size and Volume Forecast by Application
6.3.1. Construction
6.3.2. Power Generation
6.3.3. Transportation
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Locking Nuts Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Locking Nuts Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Locking Nuts Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Locking Nuts Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Locking Nuts Demand Share Forecast, 2019-2026
9. North America Locking Nuts Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Locking Nuts Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Locking Nuts Market Size and Volume Forecast by Application
9.4.1. Construction
9.4.2. Power Generation
9.4.3. Transportation
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Locking Nuts Market Size and Volume Forecast by Type
9.7.1. Metal Nuts
9.7.2. Plastic Nuts
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Locking Nuts Demand Share Forecast, 2019-2026
10. Latin America Locking Nuts Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Locking Nuts Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Locking Nuts Market Size and Volume Forecast by Application
10.4.1. Construction
10.4.2. Power Generation
10.4.3. Transportation
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Locking Nuts Market Size and Volume Forecast by Type
10.7.1. Metal Nuts
10.7.2. Plastic Nuts
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Locking Nuts Demand Share Forecast, 2019-2026
11. Europe Locking Nuts Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Locking Nuts Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Locking Nuts Market Size and Volume Forecast by Application
11.4.1. Construction
11.4.2. Power Generation
11.4.3. Transportation
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Locking Nuts Market Size and Volume Forecast by Type
11.7.1. Metal Nuts
11.7.2. Plastic Nuts
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Locking Nuts Demand Share, 2019-2026
12. Asia Pacific Locking Nuts Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Locking Nuts Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Locking Nuts Market Size and Volume Forecast by Application
12.4.1. Construction
12.4.2. Power Generation
12.4.3. Transportation
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Locking Nuts Market Size and Volume Forecast by Type
12.7.1. Metal Nuts
12.7.2. Plastic Nuts
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Locking Nuts Demand Share, 2019-2026
13. Middle East & Africa Locking Nuts Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Locking Nuts Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Locking Nuts Market Size and Volume Forecast by Application
13.4.1. Construction
13.4.2. Power Generation
13.4.3. Transportation
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Locking Nuts Market Size and Volume Forecast by Type
13.7.1. Metal Nuts
13.7.2. Plastic Nuts
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Locking Nuts Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Locking Nuts Market: Market Share Analysis
14.2. Locking Nuts Distributors and Customers
14.3. Locking Nuts Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. AMECA
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. HYTORC
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Schaeffler Technologies
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Bollhoff
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. NTN-SNR
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. isel Germany AG
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Arconic
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. AMF Andreas Maier
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. JAKOB
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. INSERCO
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. PANOZZO S.R.L.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. KVT-Fastening AG
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Stanley Engineered Fastening
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. DLM srl
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Nadella
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Lederer
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. PENN Engineering
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Nuova Bellodi TIBI srl
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook