Market Overview:
The global cotter pins 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 cotter pins in automotive, machinery, instrument, electrical appliance and musical instruments applications. Additionally, the growing demand for miniaturization and lightweighting of components is also driving the growth of the global cotter pins market.
Product Definition:
A cotter pin is a type of fastener consisting of a short rod with two pointed prongs on one end. The prongs are inserted into two mating holes, and the rod is then twisted to secure the parts together. Cotter pins are often used to fasten bicycle chains and gears.
R Type:
R type is a form of plastic with cross-linked polyethylene as its main raw material. It has been developed to overcome the limitations of standard polyethylene in cotter pins and other small fasteners markets. R type offers higher impact resistance, better mechanical properties, and greater dimensional stability than standard PE types.
Cotter Pin Market Size, Share & Trends Analysis Report By Application (Automotive & Transportation, Industrial), By Region (North America [U.S.
Tapered:
Tapered Cotter Pins are used in cotter pinning applications. Cotter pins are designed to fit into a corresponding hole in the cotters or other parts. They have a smaller head than the diameter of the pin, which allows them to go into a hole with ease but prevents them from coming out again.
Application Insights:
Automotive was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The growing automotive sector, especially in emerging countries of Asia Pacific and Latin America is expected to remain a key factor driving product demand. Instruments are also likely to be one of the fastest-growing segments during the forecast period owing to increasing use of cotter pins for assembling electronic devices such as smartphones, laptops, cameras etc. Cotter pins are used for assembling various electrical appliances such as refrigerators, washing machines etc., which requires strong holding power along with high durability and corrosion resistance properties.
The instrument segment held a significant share in 2017 due to increased usage of cotter pins by stringed instruments manufacturers for accurate assembly work while maintaining musical instrument playable quality throughout performance life cycle.
Regional Analysis:
Asia Pacific dominated the global cotter pins market in 2017. The region is expected to witness a significant growth rate of 6.8% from 2018 to 2030 owing to increasing foreign investments and favorable government policies in developing economies such as China, India, and Indonesia. In addition, rising disposable income levels are anticipated to fuel the demand for consumer electronics products such as mobile phones and personal computers over the forecast period.
The growing automotive industry in Asia Pacific countries including India is also likely to propel product demand over the coming years due to its high export value-added segmentation across various applications such as instrument cluster assembly, engine control unit (ECU), interior decorating components & accessories among others which require precision fitment of parts with high strength.
Europe was estimated at USD X million in 2017 on account of presence of major automobile manufacturers including Volkswagen Group; BMW AG; Fiat Chrysler Automobiles N.
Growth Factors:
- Increasing demand from automotive and engineering industries for cotter pins as fasteners
- Growing popularity of cotter pins in the construction industry as a means to join metal parts together
- Rising demand for customized cotter pins in order to meet specific application requirements
- Proliferation of online retail platforms that offer a wide range of cotter pins at competitive prices
- Technological advancements that have led to the development of new and innovative types of cotter pins
Scope Of The Report
Report Attributes
Report Details
Report Title
Cotter Pins Market Research Report
By Type
R Type, Tapered, Others
By Application
Automotive, Machinery, Instrument, Electrical Appliance, Musical Instruments
By Companies
GL HUYETT, CM, ITW BEE LEITZKE, DAYTON, Red Hound Auto, OCHIAI, HHK, FANSEN, Generic, Goliath Industrial Tool, GL HUYETT, CAL HAWK, MAGLINE
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
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Cotter Pins Market Report Segments:
The global Cotter Pins market is segmented on the basis of:
Types
R Type, Tapered, 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
Automotive, Machinery, Instrument, Electrical Appliance, Musical Instruments
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:
- GL HUYETT
- CM
- ITW BEE LEITZKE
- DAYTON
- Red Hound Auto
- OCHIAI
- HHK
- FANSEN
- Generic
- Goliath Industrial Tool
- GL HUYETT
- CAL HAWK
- MAGLINE
Highlights of The Cotter Pins 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:
- R Type
- Tapered
- Others
- By Application:
- Automotive
- Machinery
- Instrument
- Electrical Appliance
- Musical Instruments
- 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 Cotter Pins 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?
Cotter pins are a type of fastener that is used to secure pieces of fabric together. They are made from a metal or plastic frame with a head on one end and an eyelet on the other. The head is inserted into the eyelet, and then the fabric is pulled tight around it to create a secure connection.
Some of the major players in the cotter pins market are GL HUYETT, CM, ITW BEE LEITZKE, DAYTON, Red Hound Auto, OCHIAI, HHK, FANSEN, Generic, Goliath Industrial Tool, GL HUYETT, CAL HAWK, MAGLINE.
The cotter pins 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 Cotter Pins 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 Cotter Pins Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cotter Pins 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 Cotter Pins 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 Cotter Pins Market Size & Forecast, 2020-2028
4.5.1 Cotter Pins Market Size and Y-o-Y Growth
4.5.2 Cotter Pins 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 R Type
5.2.2 Tapered
5.2.3 Others
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 Automotive
6.2.2 Machinery
6.2.3 Instrument
6.2.4 Electrical Appliance
6.2.5 Musical Instruments
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cotter Pins 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 Cotter Pins 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 R Type
9.6.2 Tapered
9.6.3 Others
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 Automotive
9.10.2 Machinery
9.10.3 Instrument
9.10.4 Electrical Appliance
9.10.5 Musical Instruments
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 R Type
10.6.2 Tapered
10.6.3 Others
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 Automotive
10.10.2 Machinery
10.10.3 Instrument
10.10.4 Electrical Appliance
10.10.5 Musical Instruments
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 R Type
11.6.2 Tapered
11.6.3 Others
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 Automotive
11.10.2 Machinery
11.10.3 Instrument
11.10.4 Electrical Appliance
11.10.5 Musical Instruments
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 R Type
12.6.2 Tapered
12.6.3 Others
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 Automotive
12.10.2 Machinery
12.10.3 Instrument
12.10.4 Electrical Appliance
12.10.5 Musical Instruments
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 R Type
13.6.2 Tapered
13.6.3 Others
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 Automotive
13.10.2 Machinery
13.10.3 Instrument
13.10.4 Electrical Appliance
13.10.5 Musical Instruments
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 Cotter Pins Market: Competitive Dashboard
14.2 Global Cotter Pins Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GL HUYETT
14.3.2 CM
14.3.3 ITW BEE LEITZKE
14.3.4 DAYTON
14.3.5 Red Hound Auto
14.3.6 OCHIAI
14.3.7 HHK
14.3.8 FANSEN
14.3.9 Generic
14.3.10 Goliath Industrial Tool
14.3.11 GL HUYETT
14.3.12 CAL HAWK
14.3.13 MAGLINE
