Market Overview:
The global hanger bolts 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 hanger bolts in residential and commercial applications. In terms of type, the steel segment is expected to dominate the global hanger bolts market during the forecast period, owing to its high strength and durability. In terms of region, North America is expected to lead the global hanger bolts market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
A hanger bolt is a fastener that has both a threaded shank and a large, round head. The shank is inserted into a hole in the object to be attached and the head hangs over the edge of the object. Hanger bolts are commonly used to attach objects to concrete or masonry walls.
Steel:
Steel is a metal alloy of iron and other metals, which has widespread applications in construction, automobiles, shipbuilding industries. It is also used as a structural material in the form of bars and sheets for buildings. Steel's strength to weight ratio makes it ideal for use as an architectural material; it can be easily built up into any shape without the need for special tools or equipment.
Aluminum:
Aluminum is a lightweight, strong, and durable metal. It has excellent properties such as ductility & corrosion resistance. It also has the ability to withstand repeated heating & cooling which makes it suitable for use in hanger bolts. The material is widely used in aircraft manufacturing due to its lightweight property which helps reduce the overall weight of an object resulting in lesser impact on environment during flight and improved fuel efficiency.
The global aluminum market size was valued at USD 66 billion in 2016.
Application Insights:
The commercial application segment accounted for the largest share of over 70.0% in 2017. The growing demand from various industries including automotive, marine and construction is expected to propel the product demand over the forecast period. In addition, increasing investments by companies in new manufacturing facilities will boost industry growth further.
The residential application segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to an increase in consumer spending on home improvement activities such as remodeling kitchen and bathroom areas along with other fixtures and fittings such as hangers for clothes along with doors.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing infrastructure spending by governments as well as private players in order to improve the transportation and communication network in countries such as China, India, Indonesia, Malaysia and Vietnam. In addition, rising disposable income levels are anticipated to fuel demand for commercial spaces such as hospitals and schools which will further propel growth over the forecast period.
Europe was valued at USD X billion in 2017 owing both ends of value chain; manufacturers procure large quantities of steel Hanger bolts for their production while consumers purchase them for their applications across various industries including construction & housing & urban development (CHUD). The Middle East & Africa region is projected witness significant growth over the coming years on account of major infrastructure projects undertaken by governments mainly in Saudi Arabia and UAE that will drive demand for hangers bolts across this region soonest possible time frame.
Growth Factors:
- Increasing demand for automobiles and consumer durables
- Growing construction and infrastructure activities
- Rising demand from the Asia Pacific region
- Technological advancements in manufacturing processes
- Growing awareness about the benefits of using hanger bolts
Scope Of The Report
Report Attributes
Report Details
Report Title
Hanger Bolts Market Research Report
By Type
Steel, Aluminum
By Application
Residential, Commercial
By Companies
KD FASTENERS, Masterpiece Taiwan, STL Fasteners, American Bolt & Screw, Fasteners Inc., Helix Steel Products Corporation, ASM, J.I. Morris, National Bolt & Nut Corporation, Fuji Fastener, Leland Industries, Asia Bolts Industries, Viraj, PCC Fasteners, Buckeye Fasteners Company, Schmeck Verbindungstechnik GmbH
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 Hanger Bolts Market Report Segments:
The global Hanger Bolts market is segmented on the basis of:
Types
Steel, Aluminum
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
Residential, Commercial
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:
- KD FASTENERS
- Masterpiece Taiwan
- STL Fasteners
- American Bolt & Screw
- Fasteners Inc.
- Helix Steel Products Corporation
- ASM
- J.I. Morris
- National Bolt & Nut Corporation
- Fuji Fastener
- Leland Industries
- Asia Bolts Industries
- Viraj
- PCC Fasteners
- Buckeye Fasteners Company
- Schmeck Verbindungstechnik GmbH
Highlights of The Hanger Bolts 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:
- Steel
- Aluminum
- By Application:
- Residential
- Commercial
- 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 Hanger Bolts 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
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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?
Hanger bolts are a type of fastener that is used to attach two pieces of wood together. They are inserted through the holes in the boards and then tightened with a wrench.
Some of the major companies in the hanger bolts market are KD FASTENERS, Masterpiece Taiwan, STL Fasteners, American Bolt & Screw, Fasteners Inc., Helix Steel Products Corporation, ASM, J.I. Morris, National Bolt & Nut Corporation, Fuji Fastener, Leland Industries, Asia Bolts Industries, Viraj, PCC Fasteners, Buckeye Fasteners Company, Schmeck Verbindungstechnik GmbH.
The hanger bolts 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 Hanger Bolts 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 Hanger Bolts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hanger Bolts 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 Hanger Bolts 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 Hanger Bolts Market Size & Forecast, 2018-2028
4.5.1 Hanger Bolts Market Size and Y-o-Y Growth
4.5.2 Hanger Bolts Market Absolute $ Opportunity
Chapter 5 Global Hanger Bolts 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 Hanger Bolts Market Size Forecast by Type
5.2.1 Steel
5.2.2 Aluminum
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hanger Bolts 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 Hanger Bolts Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hanger Bolts 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 Hanger Bolts 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 Hanger Bolts Analysis and Forecast
9.1 Introduction
9.2 North America Hanger Bolts 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 Hanger Bolts Market Size Forecast by Type
9.6.1 Steel
9.6.2 Aluminum
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 Hanger Bolts Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
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 Hanger Bolts Analysis and Forecast
10.1 Introduction
10.2 Europe Hanger Bolts 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 Hanger Bolts Market Size Forecast by Type
10.6.1 Steel
10.6.2 Aluminum
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 Hanger Bolts Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
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 Hanger Bolts Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hanger Bolts 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 Hanger Bolts Market Size Forecast by Type
11.6.1 Steel
11.6.2 Aluminum
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 Hanger Bolts Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
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 Hanger Bolts Analysis and Forecast
12.1 Introduction
12.2 Latin America Hanger Bolts 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 Hanger Bolts Market Size Forecast by Type
12.6.1 Steel
12.6.2 Aluminum
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 Hanger Bolts Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
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) Hanger Bolts Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hanger Bolts 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) Hanger Bolts Market Size Forecast by Type
13.6.1 Steel
13.6.2 Aluminum
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) Hanger Bolts Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
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 Hanger Bolts Market: Competitive Dashboard
14.2 Global Hanger Bolts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 KD FASTENERS
14.3.2 Masterpiece Taiwan
14.3.3 STL Fasteners
14.3.4 American Bolt & Screw
14.3.5 Fasteners Inc.
14.3.6 Helix Steel Products Corporation
14.3.7 ASM
14.3.8 J.I. Morris
14.3.9 National Bolt & Nut Corporation
14.3.10 Fuji Fastener
14.3.11 Leland Industries
14.3.12 Asia Bolts Industries
14.3.13 Viraj
14.3.14 PCC Fasteners
14.3.15 Buckeye Fasteners Company
14.3.16 Schmeck Verbindungstechnik GmbH
