Market Overview:
The global heavy hex 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 heavy hex nuts in construction, shipbuilding, power plants and transportation applications. North America is expected to lead the global heavy hex nuts market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
Heavy Hex Nuts are a type of nut that has a hexagonal shape and is heavier than other nuts. They are used to secure bolts and screws in place.
Carbon Steel Nuts:
Carbon steel nuts are used in heavy hex nuts application. They are made from carbon steel and have a hexagonal shape. The material is cost-effective, strong, ductile and has high yield strength which makes it ideal for the production of heavy hex nuts.
Stainless Steel Nuts:
Stainless steel nuts are used in heavy hex nuts and bolts to provide additional strength. They also help prevent corrosion, which is a common problem with regular steel nuts. The material is strong enough to resist rusting and has a high resistance towards chemicals, heat, and moisture.
The stainless steel nut & bolts combination provides an extended service life owing to the stainless steel nature of the components which helps avoid galling as well as prevents threads from getting contaminated.
Application Insights:
The construction application segment led the global heavy hex nuts market in 2017 and is projected to expand at a revenue-based CAGR of XX% over the forecast period. The growth can be attributed to an increase in infrastructure development activities across various regions, including North America and Europe. For instance, according to the Council on Tall Buildings and Urban Habitat (CTBUH), there were 1,Cache taller than 200 meter constructed globally in 2016 while 1,New York City was the most popular location for such constructions. Similarly, after completion of One World Trade Center in New York City by 2020; it will become tallest building worldwide. Such examples illustrate that despite economic slowdown post 2014; there has been an upsurge in construction activities around the world which is likely to fuel product demand over next few years.
Regional Analysis:
Asia Pacific dominated the global heavy hex nuts market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing infrastructure activities and growing shipbuilding industry. In addition, rising demand for heavy machinery in various industries such as construction, automotive, mining and manufacturing is anticipated to drive product demand over the coming years.
Europe accounted for a major share of revenue in 2017 on account of high penetration rates of fast-moving consumer goods (FMCG) coupled with strong industrial output from countries including Germany and U.K., which are some of the major consumers globally for these products.
North America accounted for a significant share owing to increased spending on public works projects by governments at both federal.
Growth Factors:
- Increasing demand from the automotive and construction industries
- Growing popularity of hex nuts in North America and Europe
- Rising use of heavy hex nuts in oil and gas exploration activities
- Proliferation of online retail platforms that offer a wide range of heavy hex nuts products at competitive prices
- Technological advancements that have led to the development of new types of heavy hex nuts
Scope Of The Report
Report Attributes
Report Details
Report Title
Heavy Hex Nuts Market Research Report
By Type
Carbon Steel Nuts, Stainless Steel Nuts, Alloy Steel Nuts
By Application
Construction, Shipbuilding, Power Plants, Transportation
By Companies
Stanley Black & Decker, Infasco, Nucor Fastener
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Heavy Hex Nuts Market Report Segments:
The global Heavy Hex Nuts market is segmented on the basis of:
Types
Carbon Steel Nuts, Stainless Steel Nuts, Alloy Steel 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
Construction, Shipbuilding, Power Plants, Transportation
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:
- Stanley Black & Decker
- Infasco
- Nucor Fastener
Highlights of The Heavy Hex 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:
- Carbon Steel Nuts
- Stainless Steel Nuts
- Alloy Steel Nuts
- By Application:
- Construction
- Shipbuilding
- Power Plants
- Transportation
- 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 Heavy Hex 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?
Heavy hex nuts are a type of nut that is made from a heavier metal than standard nuts. They are often used in construction because they have more strength and durability than other types of nuts.
Some of the major companies in the heavy hex nuts market are Stanley Black & Decker, Infasco, Nucor Fastener.
The heavy hex nuts market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Heavy Hex Nuts Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Heavy Hex Nuts Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Heavy Hex Nuts Market - Supply Chain
4.5. Global Heavy Hex Nuts Market Forecast
4.5.1. Heavy Hex Nuts Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Heavy Hex Nuts Market Size (000 Units) and Y-o-Y Growth
4.5.3. Heavy Hex Nuts Market Absolute $ Opportunity
5. Global Heavy Hex Nuts Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Heavy Hex Nuts Market Size and Volume Forecast by Type
5.3.1. Carbon Steel Nuts
5.3.2. Stainless Steel Nuts
5.3.3. Alloy Steel Nuts
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Heavy Hex Nuts Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Heavy Hex Nuts Market Size and Volume Forecast by Application
6.3.1. Construction
6.3.2. Shipbuilding
6.3.3. Power Plants
6.3.4. Transportation
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Heavy Hex Nuts Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Heavy Hex Nuts Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Heavy Hex Nuts Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Heavy Hex Nuts Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Heavy Hex Nuts Demand Share Forecast, 2019-2026
9. North America Heavy Hex Nuts Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Heavy Hex Nuts Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Heavy Hex Nuts Market Size and Volume Forecast by Application
9.4.1. Construction
9.4.2. Shipbuilding
9.4.3. Power Plants
9.4.4. Transportation
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Heavy Hex Nuts Market Size and Volume Forecast by Type
9.7.1. Carbon Steel Nuts
9.7.2. Stainless Steel Nuts
9.7.3. Alloy Steel Nuts
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Heavy Hex Nuts Demand Share Forecast, 2019-2026
10. Latin America Heavy Hex Nuts Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Heavy Hex Nuts Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Heavy Hex Nuts Market Size and Volume Forecast by Application
10.4.1. Construction
10.4.2. Shipbuilding
10.4.3. Power Plants
10.4.4. Transportation
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Heavy Hex Nuts Market Size and Volume Forecast by Type
10.7.1. Carbon Steel Nuts
10.7.2. Stainless Steel Nuts
10.7.3. Alloy Steel Nuts
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Heavy Hex Nuts Demand Share Forecast, 2019-2026
11. Europe Heavy Hex Nuts Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Heavy Hex Nuts Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Heavy Hex Nuts Market Size and Volume Forecast by Application
11.4.1. Construction
11.4.2. Shipbuilding
11.4.3. Power Plants
11.4.4. Transportation
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Heavy Hex Nuts Market Size and Volume Forecast by Type
11.7.1. Carbon Steel Nuts
11.7.2. Stainless Steel Nuts
11.7.3. Alloy Steel Nuts
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Pojections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Heavy Hex Nuts Demand Share, 2019-2026
12. Asia Pacific Heavy Hex Nuts Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Heavy Hex Nuts Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Heavy Hex Nuts Market Size and Volume Forecast by Application
12.4.1. Construction
12.4.2. Shipbuilding
12.4.3. Power Plants
12.4.4. Transportation
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Heavy Hex Nuts Market Size and Volume Forecast by Type
12.7.1. Carbon Steel Nuts
12.7.2. Stainless Steel Nuts
12.7.3. Alloy Steel Nuts
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Heavy Hex Nuts Demand Share, 2019-2026
13. Middle East & Africa Heavy Hex Nuts Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Heavy Hex Nuts Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Heavy Hex Nuts Market Size and Volume Forecast by Application
13.4.1. Construction
13.4.2. Shipbuilding
13.4.3. Power Plants
13.4.4. Transportation
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Heavy Hex Nuts Market Size and Volume Forecast by Type
13.7.1. Carbon Steel Nuts
13.7.2. Stainless Steel Nuts
13.7.3. Alloy Steel Nuts
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Heavy Hex Nuts Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Heavy Hex Nuts Market: Market Share Analysis
14.2. Heavy Hex Nuts Distributors and Customers
14.3. Heavy Hex Nuts Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Stanley Black & Decker
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Infasco
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nucor Fastener
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. COMPANY4
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook