Market Overview:
The global hex head bushing 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 head bushings from various end-use industries, such as oil refineries, chemical processing, petrochemical and others. Hex head bushings are used in various industrial applications owing to their features such as high strength-to-weight ratio, corrosion resistance and others. Based on type, the global hex head bushing market can be segmented into stainless steel, carbon steel, alloy steel, duplex steel copper alloy and nickel alloy. Stainless steel is projected to be the fastest growing type segment during the forecast period due to its properties such as corrosion resistance and durability.
Product Definition:
A hex head bushing is a type of bushing that has a hexagonal-shaped head on one end. This type of bushing is used to provide support and stability in applications where there is a lot of stress or torque. Hex head bushings are often used in conjunction with other types of bushings, such as spherical bearings, to create a more stable assembly.
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. Also, it requires less maintenance as compared to other metals such as carbon steel or aluminum which makes it more preferable among consumers.
Carbon Steel:
Carbon steel is a form of iron alloyed with carbon. The different types of carbon steel include ferritic, martensitic, and austenitic. It is used in various applications including construction equipment such as cranes and heavy loaders; automotive components such as transmission gears, engine blocks; engineering thermoplastics including pipes & tanks; shipbuilding components such as propeller shafts & gear wheels; machining centers etc.
Application Insights:
The global hex head bushing market has been segmented on the basis of application into oil refineries, chemical processing, petrochemical, and others. The other applications include transportation & defense among others. The oil refineries held the largest share in 2017 as a result of extensive usage in lubricating oils for various equipment at refinery plants.
The demand for these products is expected to increase over the forecast period owing to their use in lubricating oils and greases which are used extensively across multiple industries including automotive and construction among others where high-performance bearings are required.
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 rising investments in various industries such as petrochemicals, oil & gas, construction, and others. In addition, increasing demand for buses from countries such as China and India is anticipated to propel industry expansion over the next eight years.
The Asia Pacific was followed by Europe that accounted for a share of 25.0% in 2017 owing to growing industrial activities across major economies including Germany, Italy, France among other Eastern and Central European countries.
Growth Factors:
- Increasing demand from the automotive industry for Hex Head Bushing products due to their high performance and durability characteristics.
- Growing popularity of Hex Head Bushing products in the construction and engineering sectors due to their ability to withstand high levels of stress and strain.
- Rising demand for Hex Head Bushing products from the oil & gas sector as they are used extensively in pipeline fittings, valves, and other equipment components.
- Proliferation of new applications for Hex Head Bushing products across a range of industries including aerospace, marine, and defense sectors.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hex Head Bushing Market Research Report
By Type
Stainless Steel, Carbon Steel, Alloy Steel, Duplex Steel, Copper Alloy, Nickel Alloy
By Application
Oil Refineries, Chemical Processing, Petrochemical, Others
By Companies
Penn Machine, Metal Udyog(India), Haitima Corporation , Guru Gautam Steels, Kalikund Steel & Engineering Company, Kanti Enterprises, Neo Impex Stainless, Borsen Pipes, Amardeep Steel Centre, Piping Material
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Hex Head Bushing Market Report Segments:
The global Hex Head Bushing market is segmented on the basis of:
Types
Stainless Steel, Carbon Steel, Alloy Steel, Duplex Steel, Copper Alloy, Nickel Alloy
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
Oil Refineries, Chemical Processing, Petrochemical, 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:
- Penn Machine
- Metal Udyog(India)
- Haitima CorporationÂ
- Guru Gautam Steels
- Kalikund Steel & Engineering Company
- Kanti Enterprises
- Neo Impex Stainless
- Borsen Pipes
- Amardeep Steel Centre
- Piping Material
Highlights of The Hex Head Bushing 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
- Carbon Steel
- Alloy Steel
- Duplex Steel
- Copper Alloy
- Nickel Alloy
- By Application:
- Oil Refineries
- Chemical Processing
- Petrochemical
- 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 Hex Head Bushing 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
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- 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?
A hex head bushing is a type of bushing used in mechanical systems. It has a hexagonal shape and is made from metal or plastic. Hex head bushings are often used to replace worn out bushings in rotating and sliding components, such as gears, shafts, and bearings.
Some of the major players in the hex head bushing market are Penn Machine, Metal Udyog(India), Haitima Corporation‚Â , Guru Gautam Steels, Kalikund Steel & Engineering Company, Kanti Enterprises, Neo Impex Stainless, Borsen Pipes, Amardeep Steel Centre, Piping Material.
The hex head bushing 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. Hex Head Bushing 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 Head Bushing Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hex Head Bushing Market - Supply Chain
4.5. Global Hex Head Bushing Market Forecast
4.5.1. Hex Head Bushing Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hex Head Bushing Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hex Head Bushing Market Absolute $ Opportunity
5. Global Hex Head Bushing 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 Head Bushing Market Size and Volume Forecast by Type
5.3.1. Stainless Steel
5.3.2. Carbon Steel
5.3.3. Alloy Steel
5.3.4. Duplex Steel
5.3.5. Copper Alloy
5.3.6. Nickel Alloy
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hex Head Bushing 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 Head Bushing Market Size and Volume Forecast by Application
6.3.1. Oil Refineries
6.3.2. Chemical Processing
6.3.3. Petrochemical
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hex Head Bushing 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 Head Bushing 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 Head Bushing 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 Head Bushing 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 Head Bushing Demand Share Forecast, 2019-2026
9. North America Hex Head Bushing 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 Head Bushing 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 Head Bushing Market Size and Volume Forecast by Application
9.4.1. Oil Refineries
9.4.2. Chemical Processing
9.4.3. Petrochemical
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hex Head Bushing Market Size and Volume Forecast by Type
9.7.1. Stainless Steel
9.7.2. Carbon Steel
9.7.3. Alloy Steel
9.7.4. Duplex Steel
9.7.5. Copper Alloy
9.7.6. Nickel Alloy
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 Head Bushing Demand Share Forecast, 2019-2026
10. Latin America Hex Head Bushing 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 Head Bushing 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 Head Bushing Market Size and Volume Forecast by Application
10.4.1. Oil Refineries
10.4.2. Chemical Processing
10.4.3. Petrochemical
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hex Head Bushing Market Size and Volume Forecast by Type
10.7.1. Stainless Steel
10.7.2. Carbon Steel
10.7.3. Alloy Steel
10.7.4. Duplex Steel
10.7.5. Copper Alloy
10.7.6. Nickel Alloy
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 Head Bushing Demand Share Forecast, 2019-2026
11. Europe Hex Head Bushing 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 Head Bushing 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 Head Bushing Market Size and Volume Forecast by Application
11.4.1. Oil Refineries
11.4.2. Chemical Processing
11.4.3. Petrochemical
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hex Head Bushing Market Size and Volume Forecast by Type
11.7.1. Stainless Steel
11.7.2. Carbon Steel
11.7.3. Alloy Steel
11.7.4. Duplex Steel
11.7.5. Copper Alloy
11.7.6. Nickel Alloy
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 Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hex Head Bushing Demand Share, 2019-2026
12. Asia Pacific Hex Head Bushing 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 Head Bushing 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 Head Bushing Market Size and Volume Forecast by Application
12.4.1. Oil Refineries
12.4.2. Chemical Processing
12.4.3. Petrochemical
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hex Head Bushing Market Size and Volume Forecast by Type
12.7.1. Stainless Steel
12.7.2. Carbon Steel
12.7.3. Alloy Steel
12.7.4. Duplex Steel
12.7.5. Copper Alloy
12.7.6. Nickel Alloy
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 Head Bushing Demand Share, 2019-2026
13. Middle East & Africa Hex Head Bushing 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 Head Bushing 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 Head Bushing Market Size and Volume Forecast by Application
13.4.1. Oil Refineries
13.4.2. Chemical Processing
13.4.3. Petrochemical
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hex Head Bushing Market Size and Volume Forecast by Type
13.7.1. Stainless Steel
13.7.2. Carbon Steel
13.7.3. Alloy Steel
13.7.4. Duplex Steel
13.7.5. Copper Alloy
13.7.6. Nickel Alloy
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 Head Bushing Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hex Head Bushing Market: Market Share Analysis
14.2. Hex Head Bushing Distributors and Customers
14.3. Hex Head Bushing Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Penn Machine
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Metal Udyog(India)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Haitima Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Guru Gautam Steels
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kalikund Steel & Engineering Company
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Kanti Enterprises
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Neo Impex Stainless
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Borsen Pipes
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Amardeep Steel Centre
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Piping Material
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
