Market Overview:
The global PTFE hexagon nuts market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for PTFE hexagon nuts in various applications, such as chemical, semiconductor, material processing, and others. In addition, the growing demand for high-performance products is also contributing to the growth of this market.
Product Definition:
This type of nut is commonly used in applications where resistance to chemicals and corrosion are important factors.
Metric Hexagon Nuts:
Metric hexagon nuts are used in various applications including PTFE hexagon nuts market. They are available in a variety of materials and coatings, which makes them suitable for use in different industries. The key properties associated with metric hexagon nut include high strength, corrosion resistance, low friction coefficient and high temperature tolerance among others.
Inch Hexagon Nuts:
Inch hexagon nuts are used in the PTFE hexagon nuts market. They have a internal threads and an external thread at the same time, which provides a secure fit for most of the fasteners. The inch-hexagonal-nuts are manufactured with high precision and they offer easy installation as compared to other conventional fasteners.
The global inch hexagon nut's market size was valued at USD 605 million in 2016.
Application Insights:
The chemical segment dominated the global PTFE hexagon nuts market in terms of revenue share in 2017. In addition, the use of PTFE hexagon nuts and bolts is expected to increase during the forecast period owing to their properties such as high corrosion resistance and non-sticky texture which are beneficial for a wide range of industrial applications.
The semiconductor application segment is projected to witness significant growth over the next eight years due to extensive use of silicon carbide by manufacturers across the globe coupled with growing demand for advanced electronic devices. Moreover, rapid development in technology has led semiconductor manufacturers towards adopting new materials with superior characteristics which will further augment market growth over the coming years.
Regional Analysis:
Asia Pacific dominated the global PTFE hexagon nuts market in terms of revenue with a share of over 40.0% in 2017. This is attributed to the presence of major players such as Nippon Paints and Sumitomo Metal Mining Co., Ltd. The growth can also be attributed to increasing foreign investments and favorable government policies implemented for manufacturing high-quality products at low costs, thereby attracting various manufacturers to set up their production facilities in this region.
The Asia Pacific was followed by North America with a share of over 30.0% in terms of volume owing to growing demand from end-use industries such as chemical, automotive, aerospace & defense, semiconductor etc., which are based primarily on the U.S., Canada and Mexico countries respectively for manufacturing high-quality products using cheap raw materials including steel namely chromium metal and iron ore namely magnetite (Fe3O4).
Growth Factors:
- Increasing demand from the automotive and aerospace industries
- Growing popularity of PTFE hexagon nuts in electrical and electronic applications
- Rising demand for lightweight, corrosion-resistant fasteners in various end-use industries
- Technological advancements that have led to the development of new grades of PTFE hexagon nuts
- Growing investments by leading players in research and development activities to develop innovative products
Scope Of The Report
Report Attributes
Report Details
Report Title
PTFE Hexagon Nuts Market Research Report
By Type
Metric Hexagon Nuts, Inch Hexagon Nuts
By Application
Chemical, Semiconductor, Material Processing, Others
By Companies
Bueno Technology, BÜLTE, Craftech Industries, Hirosugi-Keiki, IKSonic, Nabeya Bi-tech, Nippon Chemical Screw, Scientific Machine
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
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global PTFE Hexagon Nuts Market Report Segments:
The global PTFE 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
Chemical, Semiconductor, Material Processing, 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:
- Bueno Technology
- BÜLTE
- Craftech Industries
- Hirosugi-Keiki
- IKSonic
- Nabeya Bi-tech
- Nippon Chemical Screw
- Scientific Machine
Highlights of The PTFE 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:
- Chemical
- Semiconductor
- Material Processing
- 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 PTFE 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?
PTFE Hexagon Nuts are a type of fastener made from PTFE (polytetrafluoroethylene) that have six round, hexagonal nuts on one end and a threaded hole on the other. They are often used to secure objects together or as spacers in between pieces of material.
Some of the major players in the ptfe hexagon nuts market are Bueno Technology, BœLTE, Craftech Industries, Hirosugi-Keiki, IKSonic, Nabeya Bi-tech, Nippon Chemical Screw, Scientific Machine.
The ptfe 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 PTFE 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 PTFE Hexagon Nuts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 PTFE 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 PTFE 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 PTFE Hexagon Nuts Market Size & Forecast, 2020-2028
4.5.1 PTFE Hexagon Nuts Market Size and Y-o-Y Growth
4.5.2 PTFE 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 Chemical
6.2.2 Semiconductor
6.2.3 Material Processing
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PTFE 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 PTFE 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 Chemical
9.10.2 Semiconductor
9.10.3 Material Processing
9.10.4 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 Chemical
10.10.2 Semiconductor
10.10.3 Material Processing
10.10.4 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 Chemical
11.10.2 Semiconductor
11.10.3 Material Processing
11.10.4 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 Chemical
12.10.2 Semiconductor
12.10.3 Material Processing
12.10.4 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 Chemical
13.10.2 Semiconductor
13.10.3 Material Processing
13.10.4 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 PTFE Hexagon Nuts Market: Competitive Dashboard
14.2 Global PTFE Hexagon Nuts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bueno Technology
14.3.2 BÜLTE
14.3.3 Craftech Industries
14.3.4 Hirosugi-Keiki
14.3.5 IKSonic
14.3.6 Nabeya Bi-tech
14.3.7 Nippon Chemical Screw
14.3.8 Scientific Machine
