Market Overview:
The global PC 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 hexagon nuts in various applications, such as electronics, automotive, and others. Hexagon nuts are used in various applications owing to their features such as high tensile strength, corrosion resistance, and others. North America is expected to lead the global PC hexagon nuts market during the forecast period due to the presence of key players in this region and growing demand for hexagon nuts from various end-use industries.
Product Definition:
A PC Hexagon Nut is a type of nut with six evenly spaced, protruding sides. It is used to fasten bolts and screws that have hexagonal sockets in their heads. PC Hexagon Nuts are commonly made from brass or steel, and they come in various sizes.
Metric Hexagon Nuts:
Metric hexagon nuts are used in the construction of bridges, buildings and other structural applications. They have a unique property that allows engineers to position them into complex shapes with ease. Metric hexagon nuts are available in various forms such as plain, knurled, slotted and Phillips.
Inch Hexagon Nuts:
Inch hexagon nuts are used in the construction of PC (Pentagonal Chambered) hexagon nuts. The product is manufactured using steel and alloy materials according to the application requirements.
The material composition of inch hexagon nut is a combination of iron, plastic, and alloy which provides high corrosion resistance under harsh conditions along with superior electrical insulation properties.
Application Insights:
The others application segment accounted for the largest share of over 30.0% in 2017 and is expected to witness significant growth over the forecast period. The growing demand for hexagon nuts from within the construction industry is expected to have a positive impact on market growth. The electronics application segment accounted for a significant share in 2017 and is projected to expand at a CAGR of XX% from 2018 to 2030 owing to increasing use of electronic devices across various end-use industries such as automotive, medical, aerospace & defense, etc.
The global automotive sector has been witnessing tremendous growth due largelyto rising disposable income levels among consumers coupled with an increase inthe number of working professionals in developing countries such asthe Philippines and India who are employedin multinational companies locally based auto component manufacturers including ASE Electronics Malaysia Sdn Bhd., Mahindra & Mahindra Ltd., Bajaj Auto Ltd.
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 increasing foreign investments in China, India, and Japan. In 2016, China accounted for a share of 34% of all Foreign Direct Investments (FDI) made in Asia. Moreover, rising disposable income coupled with expanding manufacturing sector will drive demand for electronic products which are further anticipated to fuel regional product demand over the forecast period.
Europe is projected to grow at a CAGR exceeding 6% from 2018 to 2030 owing to growing automotive production particularly in Germany and U.K., aerospace industry led by France's space program as well as rapidly developing electronics industry especially semiconductors produced using advanced technologies such as 5G wireless network technology that require hexagon nuts with threading holes on both sides similar like American screwdriver head type fasteners used commonly on furniture etc.).
Growth Factors:
- Increasing demand from automotive and aerospace industries for hexagon nuts as they are used in critical applications
- Growing popularity of hexagon nuts in construction and engineering sectors due to their high strength-to-weight ratio
- Rising demand for customized hexagon nuts across different industries
- Technological advancements that have led to the development of new grades of stainless steel, aluminum, and brass hexagon nuts
- Growth in the number of small-scale manufacturers catering to specific needs of various end-use industries
Scope Of The Report
Report Attributes
Report Details
Report Title
PC Hexagon Nuts Market Research Report
By Type
Metric Hexagon Nuts, Inch Hexagon Nuts
By Application
Electronics, Automotive, Others
By Companies
Accu (Accu Screws), ApexFasteners, BÜLTE, Caterpillar Red, Hirosugi-Keiki, Nabeya Bi-tech, Nippon Chemical Screw, Pingood
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
199
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global PC Hexagon Nuts Market Report Segments:
The global PC 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, 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:
- Accu (Accu Screws)
- ApexFasteners
- BÜLTE
- Caterpillar Red
- Hirosugi-Keiki
- Nabeya Bi-tech
- Nippon Chemical Screw
- Pingood
Highlights of The PC 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
- 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 PC 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?
PC Hexagon Nuts are hexagonal nuts with a six-sided shape. They are made of stainless steel and have a diameter of 1.5 inches.
Some of the key players operating in the pc hexagon nuts market are Accu (Accu Screws), ApexFasteners, BœLTE, Caterpillar Red, Hirosugi-Keiki, Nabeya Bi-tech, Nippon Chemical Screw, Pingood.
The pc hexagon nuts market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PC 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 PC Hexagon Nuts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 PC 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 PC 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 PC Hexagon Nuts Market Size & Forecast, 2020-2028
4.5.1 PC Hexagon Nuts Market Size and Y-o-Y Growth
4.5.2 PC 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 Automotive
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PC 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 PC 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 Automotive
9.10.3 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 Automotive
10.10.3 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 Automotive
11.10.3 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 Automotive
12.10.3 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 Automotive
13.10.3 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 PC Hexagon Nuts Market: Competitive Dashboard
14.2 Global PC Hexagon Nuts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Accu (Accu Screws)
14.3.2 ApexFasteners
14.3.3 BÜLTE
14.3.4 Caterpillar Red
14.3.5 Hirosugi-Keiki
14.3.6 Nabeya Bi-tech
14.3.7 Nippon Chemical Screw
14.3.8 Pingood
