Market Overview:
The global ceramic hexagon 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 ceramic hexagon nuts in various applications, such as electronics and others. In addition, the growing demand for metric hexagon nuts is also contributing to the growth of this market. North America dominates the global ceramic hexagon nuts market and is expected to continue its dominance during the forecast period.
Product Definition:
A hexagon nut is a type of fastener with a six-sided, star-shaped body. The edges of the hexagon are chamfered so that the nut can be easily inserted into or removed from a mating threaded hole. Ceramic hexagon nuts are made from various types of ceramic materials, including alumina and zirconia. They are used in applications where high temperatures or corrosive environments would damage standard steel nuts.
Metric Hexagon Nuts:
Metric hexagon nuts are used in the manufacturing of ceramic hexagon nuts. They are available in different sizes and shapes to suit specific needs. The shape and size of metric hexagon nut is chosen based on application requirements such as torque specifications, fasteners strength, thread engagement, etc.
The most commonly used type of metric hexagonal nuts is M3 x 0.5 with a plain surface finish.
Inch Hexagon Nuts:
Inch hexagon nuts is a special type of fasteners which has six sides with round corners. The inch hexagon nuts and bolts combination are used in the ceramic hexagon nut market. They have wide applications in construction, automotive, electronics industries and other industrial sectors where high strength is required.
The ceramic hexagonal nut market size was valued at USD 557 million in 2015.
Application Insights:
Electronics application segment led the global ceramic hexagon nuts market in 2017, accounting for over 60% of the overall revenue share. The segment is expected to retain its dominant position throughout the forecast period owing to extensive use in electronic devices such as smartphones, laptops and tablets. In addition, growing electronics industry in Asia Pacific coupled with favorable government policies is anticipated to boost product demand over the next six years.
The others application segment includes construction and automotive industries which are projected to witness significant growth on account of increasing usage of hexagonal nuts in various fasteners & connectors applications across these industries. In addition, rising preference for stainless steelhexagon nut due its corrosion resistance properties is likely to propel industry expansion during this period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from various industries, such as automotive, aerospace & defense, construction, electrical & electronics.
The Asia Pacific economy is characterized by rapid industrialization and urbanization resulting in an increasing population with high purchasing power. This has led to a growing demand for consumer goods along with automobiles; thus boosting product sales across this region. In addition, countries like China are investing heavily in domestic production owing to low-cost advantages offered by Asian manufacturers; which further boosts regional growth prospects over the coming years.
Europe accounted for a significant share of global revenue in 2017 owing to growing product demand from several major end-use industries including aerospace & defense.
Growth Factors:
- Increasing demand from the automotive and aerospace industries for lightweight, high-performance components is expected to drive the growth of the ceramic hexagon nuts market.
- Growing demand for energy-efficient and eco-friendly products is also projected to boost the market growth in the coming years.
- Rising investments in research and development activities by key players is anticipated to propel innovation in this market, which would subsequently fuel its growth over the forecast period.
- The increasing use of ceramic hexagon nuts in medical implants and other surgical applications is likely to create new opportunities for this market during the forecast period. 5) Growing popularity of 3D printing technology across a number of end-use industries is expected to provide a fillip to Ceramic Hexagon Nuts Market growth during
Scope Of The Report
Report Attributes
Report Details
Report Title
Ceramic Hexagon Nuts Market Research Report
By Type
Metric Hexagon Nuts, Inch Hexagon Nuts
By Application
Electronics, Others
By Companies
AB Technology, Ceramco, Hirosugi-Keiki, KDA, Kimura Tech, Nippon Chemical Screw, Ortech Advanced Ceramics, Precision Ceramics
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
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global Ceramic Hexagon Nuts Market Report Segments:
The global Ceramic Hexagon Nuts market is segmented on the basis of:
Types
Metric Hexagon Nuts, Inch Hexagon 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
Electronics, 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:
- AB Technology
- Ceramco
- Hirosugi-Keiki
- KDA
- Kimura Tech
- Nippon Chemical Screw
- Ortech Advanced Ceramics
- Precision Ceramics
Highlights of The Ceramic Hexagon 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:
- Metric Hexagon Nuts
- Inch Hexagon Nuts
- By Application:
- Electronics
- 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 Ceramic Hexagon 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
- Business Expansion Strategies
- 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?
Ceramic hexagon nuts are a type of ceramic nut that is made from a hexagonal shape. These nuts are often used in place of traditional nuts because they have a different flavor and texture.
Some of the major companies in the ceramic hexagon nuts market are AB Technology, Ceramco, Hirosugi-Keiki, KDA, Kimura Tech, Nippon Chemical Screw, Ortech Advanced Ceramics, Precision Ceramics.
The ceramic hexagon nuts market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ceramic Hexagon Nuts Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Ceramic Hexagon Nuts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ceramic Hexagon Nuts Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Ceramic Hexagon Nuts Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Ceramic Hexagon Nuts Market Size & Forecast, 2020-2028
4.5.1 Ceramic Hexagon Nuts Market Size and Y-o-Y Growth
4.5.2 Ceramic Hexagon Nuts Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Metric Hexagon Nuts
5.2.2 Inch Hexagon Nuts
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Electronics
6.2.2 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ceramic Hexagon Nuts Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ceramic Hexagon Nuts Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Metric Hexagon Nuts
9.6.2 Inch Hexagon Nuts
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Electronics
9.10.2 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Metric Hexagon Nuts
10.6.2 Inch Hexagon Nuts
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Electronics
10.10.2 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Metric Hexagon Nuts
11.6.2 Inch Hexagon Nuts
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Electronics
11.10.2 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Metric Hexagon Nuts
12.6.2 Inch Hexagon Nuts
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Electronics
12.10.2 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Metric Hexagon Nuts
13.6.2 Inch Hexagon Nuts
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Electronics
13.10.2 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ceramic Hexagon Nuts Market: Competitive Dashboard
14.2 Global Ceramic Hexagon Nuts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AB Technology
14.3.2 Ceramco
14.3.3 Hirosugi-Keiki
14.3.4 KDA
14.3.5 Kimura Tech
14.3.6 Nippon Chemical Screw
14.3.7 Ortech Advanced Ceramics
14.3.8 Precision Ceramics
