Market Overview:
The global hex 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 hex bolts in various applications, such as automotive, machinery, construction, and MRO. Hex bolts are also used in other industries such as aerospace and defense. The Asia Pacific region is expected to witness the highest growth during the forecast period owing to the growing demand for hex bolts from countries such as China and India.
Product Definition:
A Hex Bolt is a type of fastener with a hexagonal head. The main purpose of a Hex Bolt is to hold two or more objects together.
Stainless Steel:
Stainless steel is a widely used material in the automotive industry. It is an alloy of iron, chromium, nickel and titanium. The main reason for its extensive use in the automotive sector is that it can be easily fabricated and has good corrosion resistance properties. Stainless steel finds its major application in fasteners as they are used to assemble various components such as engine compartments or chassis on account of their high strength attributes which makes them ideal for use at elevated temperatures or pressures.
Alloy Steel:
Alloy steel is a material that consists of two or more metals, which are mixed at a fixed ratio. The product has applications in the automotive industry and finds use in various components such as nuts, bolts and screws. It offers several advantages over carbon steel including high strength and corrosion resistance among others.
The global alloy steel market size was valued at USD 887 million in 2016; it is expected to expand at an estimated CAGR of XX% from 2017 to 2024.
Application Insights:
The machinery application segment accounted for the largest revenue share of over 30% in 2017. The demand is expected to be driven by industrial applications, such as chemical processing plants and oil & gas refineries. The construction industry is also anticipated to witness significant growth on account of increasing infrastructure spending globally.
The other applications include automotive and aerospace components manufacturing industries. In the automotive industry, hexagon-head bolts are used for assembling and fastening purposes in various components including power trains, engine mounts, fuel tanks etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, and Japan. Growing industrialization across these countries has resulted in an increased demand for heavy machinery from manufacturing industries. This trend is projected to positively influence the growth of the regional market over the forecast period.
Europe accounted for a significant share of global revenue in 2017 owing to high demand from construction industry coupled with stringent regulations on energy consumption by European Union (EU). Moreover, growing automotive production across major countries such as Germany and France will augment product demand further.
North America was one among prominent markets that witnessed sluggish growth owing to economic slowdown post-recessionary period affecting construction industry followed by MRO segment which represents majority of repair activities carried out on aircrafts as well as space equipment etc.
Growth Factors:
- Increasing demand from the construction and engineering sectors
- Rising popularity of hex bolts in automotive applications
- Growing use of hex bolts in the energy sector
- Proliferation of online retail platforms that offer a wide range of hex bolts at competitive prices
- Increasing awareness about the benefits of using hex bolts among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Hex Bolts Market Research Report
By Type
Stainless Steel, Alloy Steel, Carbon Steel
By Application
Atomotive, Machinery, Construction, MRO, Other
By Companies
Acument Global Technologies, Big Bolt Nut, Canco Fastener, Dokka Fasteners, IGC Fastners, Infasco, LISI Group, MW Industries, Nucor Fastener, Oglaend System, Penn Engineering, Portland Bolt, Shanghai Tianbao Fastener Manufacturing, TR Fastenings, Vikrant Fasteners, XINXING FASTENERS
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Hex Bolts Market Report Segments:
The global Hex Bolts market is segmented on the basis of:
Types
Stainless Steel, Alloy Steel, Carbon Steel
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
Atomotive, Machinery, Construction, MRO, Other
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:
- Acument Global Technologies
- Big Bolt Nut
- Canco Fastener
- Dokka Fasteners
- IGC Fastners
- Infasco
- LISI Group
- MW Industries
- Nucor Fastener
- Oglaend System
- Penn Engineering
- Portland Bolt
- Shanghai Tianbao Fastener Manufacturing
- TR Fastenings
- Vikrant Fasteners
- XINXING FASTENERS
Highlights of The Hex 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:
- Stainless Steel
- Alloy Steel
- Carbon Steel
- By Application:
- Atomotive
- Machinery
- Construction
- MRO
- Other
- 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 Hex 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand 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?
Hex bolts are a type of bolt that has six threads per inch. They are often used in construction because they have a greater strength than other types of bolts.
Some of the major companies in the hex bolts market are Acument Global Technologies, Big Bolt Nut, Canco Fastener, Dokka Fasteners, IGC Fastners, Infasco, LISI Group, MW Industries, Nucor Fastener, Oglaend System, Penn Engineering, Portland Bolt, Shanghai Tianbao Fastener Manufacturing, TR Fastenings, Vikrant Fasteners, XINXING FASTENERS.
The hex bolts market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hex Bolts 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. Hex Bolts Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hex Bolts Market - Supply Chain
4.5. Global Hex Bolts Market Forecast
4.5.1. Hex Bolts Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hex Bolts Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hex Bolts Market Absolute $ Opportunity
5. Global Hex Bolts 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. Hex Bolts Market Size and Volume Forecast by Type
5.3.1. Stainless Steel
5.3.2. Alloy Steel
5.3.3. Carbon Steel
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hex Bolts 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. Hex Bolts Market Size and Volume Forecast by Application
6.3.1. Atomotive
6.3.2. Machinery
6.3.3. Construction
6.3.4. MRO
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hex Bolts 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. Hex Bolts 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 Hex Bolts 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. Hex Bolts 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 Hex Bolts Demand Share Forecast, 2019-2026
9. North America Hex Bolts 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 Hex Bolts 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 Hex Bolts Market Size and Volume Forecast by Application
9.4.1. Atomotive
9.4.2. Machinery
9.4.3. Construction
9.4.4. MRO
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hex Bolts Market Size and Volume Forecast by Type
9.7.1. Stainless Steel
9.7.2. Alloy Steel
9.7.3. Carbon Steel
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 Hex Bolts Demand Share Forecast, 2019-2026
10. Latin America Hex Bolts 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 Hex Bolts 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 Hex Bolts Market Size and Volume Forecast by Application
10.4.1. Atomotive
10.4.2. Machinery
10.4.3. Construction
10.4.4. MRO
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hex Bolts Market Size and Volume Forecast by Type
10.7.1. Stainless Steel
10.7.2. Alloy Steel
10.7.3. Carbon Steel
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 Hex Bolts Demand Share Forecast, 2019-2026
11. Europe Hex Bolts 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 Hex Bolts 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 Hex Bolts Market Size and Volume Forecast by Application
11.4.1. Atomotive
11.4.2. Machinery
11.4.3. Construction
11.4.4. MRO
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hex Bolts Market Size and Volume Forecast by Type
11.7.1. Stainless Steel
11.7.2. Alloy Steel
11.7.3. Carbon Steel
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Counry
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hex Bolts Demand Share, 2019-2026
12. Asia Pacific Hex Bolts 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 Hex Bolts 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 Hex Bolts Market Size and Volume Forecast by Application
12.4.1. Atomotive
12.4.2. Machinery
12.4.3. Construction
12.4.4. MRO
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hex Bolts Market Size and Volume Forecast by Type
12.7.1. Stainless Steel
12.7.2. Alloy Steel
12.7.3. Carbon Steel
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 Hex Bolts Demand Share, 2019-2026
13. Middle East & Africa Hex Bolts 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 Hex Bolts 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 Hex Bolts Market Size and Volume Forecast by Application
13.4.1. Atomotive
13.4.2. Machinery
13.4.3. Construction
13.4.4. MRO
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hex Bolts Market Size and Volume Forecast by Type
13.7.1. Stainless Steel
13.7.2. Alloy Steel
13.7.3. Carbon Steel
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 Hex Bolts Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hex Bolts Market: Market Share Analysis
14.2. Hex Bolts Distributors and Customers
14.3. Hex Bolts Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Acument Global Technologies
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Big Bolt Nut
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Canco 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. Dokka Fasteners
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. IGC Fastners
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Infasco
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. LISI Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. MW Industries
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Nucor Fastener
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Oglaend System
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Penn Engineering
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Portland Bolt
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Shanghai Tianbao Fastener Manufacturing
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. TR Fastenings
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Vikrant Fasteners
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. XINXING FASTENERS
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
