Market Overview:
The global flat washers 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 flat washers from various end-use industries, such as automotive, industrial, and others. In terms of type, the plastic flat washers segment is projected to grow at a higher CAGR than other segments during the forecast period. This can be attributed to their properties such as light weight and corrosion resistance that make them suitable for use in various applications.
Product Definition:
A flat washer is a thin, disk-shaped metal or plastic disc that is used to spread the load of a fastener over a larger area. This helps to prevent the fastener from damaging or deforming the surface it is attached to. Flat washers are also used as spacers between two parts.
Plastic Flat Washers:
Plastic flat washers are manufactured from plastic and are available in various sizes. The most commonly used plastic for manufacturing these products is Polyethylene (PE), which is a non-toxic, lightweight, soft, and durable polymer. They can be used as an alternative to metal washers when it comes to water or chemical handling applications where safety concerns arise.
Brass Flat Washers:
Brass flat washers are used in applications where high torque and low weight is required. They are available in a variety of shapes and sizes, with the most common variants being circular, semi-circular, and square brass washers. The shape of these washers depends on their intended use; for instance, semi-circular brass flat washer is commonly used as seals in gearboxes to reduce friction between two gears or between a gear and another part.
Application Insights:
The industrial segment dominated the global flat washers market, accounting for over 60.0% share of the overall revenue in 2017. The growing demand for various components and equipment in industries such as oil & gas, construction, mining and metalworking is expected to drive the product demand over the forecast period.
Automotive is estimated to be one of the fastest-growing segments during the forecast period owing to increasing vehicle production across various countries worldwide. Rapid urbanization coupled with rising living standards has led to an increase in car ownership rates globally; this trend is expected to continue over next few years resulting in high product consumption within automotive sector.
Regional Analysis:
Asia Pacific dominated the global flat washers market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing industrialization, rapid urbanization, and rising disposable income. China is one of the largest consumers of flat washers as a result of large-scale production in that country. Moreover, India has also witnessed an increase in demand for various types owing to growing automotive industry across both domestic and export markets.
Growth Factors:
- Increasing demand from the automotive and construction industries
- Growing popularity of flat washers as a fastener alternative to screws and bolts
- Rising awareness about the benefits of using flat washers in various applications
- Technological advancements that have led to the development of new and improved flat washer designs
- The increasing use of 3D printing technology in the manufacture of flat washers
Scope Of The Report
Report Attributes
Report Details
Report Title
Flat Washers Market Research Report
By Type
Plastic Flat Washers, Brass Flat Washers, Stainless Steel Flat Washers, Others
By Application
Industrial, Automotive, Others
By Companies
Solon Manufacturing Co., The Hillman Group, Willie Washer Manufacturing Corporation, Jergens Inc., Essentra PLC, Bossard, Rivit Srl, Gris Group, MISUMI Group Inc., S & W Manufacturing, Superior Washer & Gasket Corp., Carr Lane Manufacturing, Wrought Washer Manufacturing, Inc, AN Wallis?Co Ltd, Jiaxing XC Washer Co.,Limited, Bulte Plastics, Seastrom Manufacturing Co Inc., Apex Fasteners
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Flat Washers Market Report Segments:
The global Flat Washers market is segmented on the basis of:
Types
Plastic Flat Washers, Brass Flat Washers, Stainless Steel Flat Washers, Others
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
Industrial, Automotive, Others
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:
- Solon Manufacturing Co.
- The Hillman Group
- Willie Washer Manufacturing Corporation
- Jergens Inc.
- Essentra PLC
- Bossard
- Rivit Srl
- Gris Group
- MISUMI Group Inc.
- S & W Manufacturing
- Superior Washer & Gasket Corp.
- Carr Lane Manufacturing
- Wrought Washer Manufacturing, Inc
- AN Wallis?Co Ltd
- Jiaxing XC Washer Co.,Limited
- Bulte Plastics
- Seastrom Manufacturing Co Inc.
- Apex Fasteners
Highlights of The Flat Washers 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:
- Plastic Flat Washers
- Brass Flat Washers
- Stainless Steel Flat Washers
- Others
- By Application:
- Industrial
- Automotive
- Others
- 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 Flat Washers 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
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Flat washers are a type of fastener that is used to secure two pieces of metal together. They are made from a thin sheet of metal that has been flattened out so that it forms a flat surface. Flat washers are inserted between the two pieces of metal and then tightened using a wrench or screwdriver. This secures the flat washer in place and prevents it from coming loose during use.
Some of the major companies in the flat washers market are Solon Manufacturing Co., The Hillman Group, Willie Washer Manufacturing Corporation, Jergens Inc., Essentra PLC, Bossard, Rivit Srl, Gris Group, MISUMI Group Inc., S & W Manufacturing, Superior Washer & Gasket Corp., Carr Lane Manufacturing, Wrought Washer Manufacturing, Inc, AN Wallis?Co Ltd, Jiaxing XC Washer Co.,Limited, Bulte Plastics, Seastrom Manufacturing Co Inc., Apex Fasteners.
The flat washers 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. Flat Washers 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. Flat Washers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Flat Washers Market - Supply Chain
4.5. Global Flat Washers Market Forecast
4.5.1. Flat Washers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Flat Washers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Flat Washers Market Absolute $ Opportunity
5. Global Flat Washers 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. Flat Washers Market Size and Volume Forecast by Type
5.3.1. Plastic Flat Washers
5.3.2. Brass Flat Washers
5.3.3. Stainless Steel Flat Washers
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Flat Washers 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. Flat Washers Market Size and Volume Forecast by Application
6.3.1. Industrial
6.3.2. Automotive
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Flat Washers 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. Flat Washers 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 Flat Washers 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. Flat Washers 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 Flat Washers Demand Share Forecast, 2019-2026
9. North America Flat Washers 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 Flat Washers 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 Flat Washers Market Size and Volume Forecast by Application
9.4.1. Industrial
9.4.2. Automotive
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Flat Washers Market Size and Volume Forecast by Type
9.7.1. Plastic Flat Washers
9.7.2. Brass Flat Washers
9.7.3. Stainless Steel Flat Washers
9.7.4. Others
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 Flat Washers Demand Share Forecast, 2019-2026
10. Latin America Flat Washers 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 Flat Washers 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 Flat Washers Market Size and Volume Forecast by Application
10.4.1. Industrial
10.4.2. Automotive
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Flat Washers Market Size and Volume Forecast by Type
10.7.1. Plastic Flat Washers
10.7.2. Brass Flat Washers
10.7.3. Stainless Steel Flat Washers
10.7.4. Others
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 Flat Washers Demand Share Forecast, 2019-2026
11. Europe Flat Washers 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 Flat Washers 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 Flat Washers Market Size and Volume Forecast by Application
11.4.1. Industrial
11.4.2. Automotive
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Flat Washers Market Size and Volume Forecast by Type
11.7.1. Plastic Flat Washers
11.7.2. Brass Flat Washers
11.7.3. Stainless Steel Flat Washers
11.7.4. Others
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 Flat Washers Demand Share, 2019-2026
12. Asia Pacific Flat Washers 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 Flat Washers 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 Flat Washers Market Size and Volume Forecast by Application
12.4.1. Industrial
12.4.2. Automotive
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Flat Washers Market Size and Volume Forecast by Type
12.7.1. Plastic Flat Washers
12.7.2. Brass Flat Washers
12.7.3. Stainless Steel Flat Washers
12.7.4. Others
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 Flat Washers Demand Share, 2019-2026
13. Middle East & Africa Flat Washers 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 Flat Washers 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 Flat Washers Market Size and Volume Forecast by Application
13.4.1. Industrial
13.4.2. Automotive
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Flat Washers Market Size and Volume Forecast by Type
13.7.1. Plastic Flat Washers
13.7.2. Brass Flat Washers
13.7.3. Stainless Steel Flat Washers
13.7.4. Others
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 Flat Washers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Flat Washers Market: Market Share Analysis
14.2. Flat Washers Distributors and Customers
14.3. Flat Washers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Solon Manufacturing Co.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. The Hillman Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Willie Washer Manufacturing Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Jergens Inc.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Essentra PLC
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Bossard
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Rivit Srl
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Gris Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. MISUMI Group Inc.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. S & W Manufacturing
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Superior Washer & Gasket Corp.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Carr Lane Manufacturing
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Wrought Washer Manufacturing, Inc
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. AN Wallis?Co Ltd
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Jiaxing XC Washer Co.,Limited
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Bulte Plastics
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Seastrom Manufacturing Co Inc.
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Apex Fasteners
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