Market Overview:
The global thumb 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 thumb nuts in residential and commercial applications. Additionally, the growing demand for lightweight and high-strength thumb nuts is also contributing to the growth of this market. Steel is currently the most popular type of thumb nut, owing to its high strength and durability. However, aluminum is gaining popularity due to its light weight and corrosion resistance properties. Asia Pacific accounted for the largest share of the global thumb nuts market in 2017, followed by Europe and North America respectively.
Product Definition:
a nut that is threaded onto a bolt.
Steel:
Steel is a metal alloy of iron and other metals, which has widespread applications in the automotive industry. It is also used in construction, shipbuilding, railways and other industries. Steel's strength to weight ratio makes it ideal for use as a structural material.
Aluminum:
Aluminum is a silvery-white metal that is strong, lightweight and easily malleable. It has the highest melting point of any metal and forms alloys with many other metals. Aluminum's strength makes it ideal for use in aircraft, automobiles, buildings and consumer goods. It also has various beneficial properties such as low density & high tensile strength & modulus of elasticity which make it useful in various industries including automotive industry, building & construction industry and transportation industry among others.
Application Insights:
The commercial application segment dominated the global thumb nuts market, accounting for a share of more than 60.0% in 2017. The growth can be attributed to the increasing construction activities across various developing countries including India, China and Brazil. In addition, rapid urbanization coupled with rising disposable income is expected to drive the demand for residential buildings which will further fuel product demand over the forecast period.
The residential 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 growing urbanization along with favorable government policies regarding housing & building structures in several economies including U.S.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well. This can be attributed to increasing construction activities and growing automotive industry in developing countries such as China, India, and Indonesia among others. Moreover, rising disposable income coupled with expanding residential sector will drive the regional market further.
Europe accounted for a significant share of global revenue in 2017 owing to high demand from several major industries operating across various application sectors including transportation & logistics, industrial machinery etc.
Growth Factors:
- Increasing demand from automotive and construction industries
- Growing popularity of threaded fasteners in general
- Rising awareness about the benefits of using thumb nuts over other types of fasteners
- Technological advancements that have made thumb nuts more durable and reliable than ever before 5. Growing number of DIY enthusiasts who are looking for easier, faster, and more efficient ways to complete home improvement projects
Scope Of The Report
Report Attributes
Report Details
Report Title
Thumb Nuts 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
191
Number of Tables & Figures
134
Customization Available
Yes, the report can be customized as per your need.
Global Thumb Nuts Market Report Segments:
The global Thumb Nuts 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 Thumb 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:
- 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 Thumb 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?
Thumb Nuts are a type of nut that is shaped like a thumb. They are often used in baking because they hold their shape and don't turn to mush when baked.
Some of the key players operating in the thumb nuts 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 thumb 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 Thumb 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 Thumb Nuts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Thumb 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 Thumb 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 Thumb Nuts Market Size & Forecast, 2020-2028
4.5.1 Thumb Nuts Market Size and Y-o-Y Growth
4.5.2 Thumb 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 Steel
5.2.2 Aluminum
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 Residential
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Thumb 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 Thumb 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 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 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 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 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 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 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 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 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 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 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 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) 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 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) 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 Thumb Nuts Market: Competitive Dashboard
14.2 Global Thumb Nuts 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
