Market Overview:
The global metal shims 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 metal shims in various applications, such as mechanical engineering and automotive engineering, among others. In addition, the growing demand for lightweight and durable components across different industries is also contributing to the growth of this market. Based on type, carbon steel shims are expected to account for a major share of the global metal shims market during the forecast period. This can be attributed to their high strength-to-weight ratio and corrosion resistance properties. Based on application, mechanical engineering is expected to account for a major share of the global metal shims market during the forecast period.
Product Definition:
A metal shim is a thin piece of metal with one or more thicknesses that can be used to fill small gaps between two objects or surfaces. Metal shims are often used in machine shops and other manufacturing facilities to help adjust the fit of parts and ensure they are properly aligned.
Carbon Steel Shims:
Carbon steel shims are used in metal shim applications to provide dimensional stability and rigidity. They are also used as a replacement for wood, plastic, or other materials that can be compressed into thin layers. The product is available in various shapes and sizes which allows it to be utilized across multiple industries including automotive & transportation, building & construction and consumer goods packaging among others.
Brass Shims:
Brass shims are thin pieces of metal that are used to adjust the thickness of metal sheets in order to make them fit into tight spaces. They can be used with copper, aluminum, and other metals. The most commonly used brass shims are .004 inches thick and they have a circular cross-section.
Application Insights:
The mechanical engineering segment accounted for the largest revenue share in 2017 and is anticipated to maintain its lead over the forecast period. The use of metal shims in this application sector ensures high strength at a reasonable cost, which makes them an ideal solution for a variety of applications.
Metal shims are used as spacers or bearings between components having different sizes and types, such as hydraulic systems & actuators and rotating & moving parts. They are also used to reduce friction between mating surfaces that come into contact during assembly operations, thereby increasing component durability. In addition, they find application in various other industries including aerospace & defense where they act as vibration dampeners or thrust washers on account of their superior properties including light weight and low thermal expansion coefficient (EAC).
Regional Analysis:
Asia Pacific dominated the global metal shims market in 2017 and is expected to continue its dominance over the next eight years. The region accounted for a share of more than 30% in terms of revenue and is anticipated to grow at a CAGR of XX% from 2018 to 2030. This growth can be attributed to increasing demand from end-use industries such as mechanical engineering, automotive, others across emerging economies such as China, India, Indonesia among other Southeast Asian countries.
The Asia Pacific was followed by North America which accounted for a share of more than 25%. The U.S.
Growth Factors:
- Increasing demand from the automotive and aerospace industries for metal shims as a precision component for assembly and manufacturing processes.
- Growing popularity of metal shims as a preferred choice over traditional methods such as washers, gaskets, and spacers due to their superior properties such as high strength-to-weight ratio, corrosion resistance, and thermal conductivity.
- Rising demand from the construction industry for metal shims in applications such as window frames, door frames, roofing systems, cladding systems etc.
- Technological advancements in the production of metal shims that has resulted in increased efficiency and reduced costs which is aiding in wider adoption across various end-use industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Metal Shims Market Research Report
By Type
Carbon Steel Shims, Brass Shims, Aluminum Shims, Stainless Steel Shims, Others
By Application
Mechanical Engineering, Automotive Engineering, Others
By Companies
SKF, Matenaer Corporation, Heinrich Kipp Werk, Stephens Gaskets Ltd, Automotion Components Ltd, AccuTrex Products, Inc., SPIROL, American Metric Corporation, Seeger-Orbis, Gandini Group, Milanoviti Srl, Bokers, Inc., Cirteq Limited, SPM Instrument, Dichtungstechnik, KACO 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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Metal Shims Market Report Segments:
The global Metal Shims market is segmented on the basis of:
Types
Carbon Steel Shims, Brass Shims, Aluminum Shims, Stainless Steel Shims, Others
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
Mechanical Engineering, Automotive Engineering, 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:
- SKF
- Matenaer Corporation
- Heinrich Kipp Werk
- Stephens Gaskets Ltd
- Automotion Components Ltd
- AccuTrex Products, Inc.
- SPIROL
- American Metric Corporation
- Seeger-Orbis
- Gandini Group
- Milanoviti Srl
- Bokers, Inc.
- Cirteq Limited
- SPM Instrument
- Dichtungstechnik
- KACO GmbH
Highlights of The Metal Shims 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 Shims
- Brass Shims
- Aluminum Shims
- Stainless Steel Shims
- Others
- By Application:
- Mechanical Engineering
- Automotive Engineering
- 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 Metal Shims 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.
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- Correctly Positioning New Products
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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?
Metal shims are a type of metalworking tool used to adjust the size or shape of a workpiece. They are made from thin sheets of metal that can be bent and shaped to fit the needs of the job at hand. Metal shims can be used in a variety of ways, including for adjusting the size and shape of objects, as well as for creating precise tolerances.
Some of the major players in the metal shims market are SKF, Matenaer Corporation, Heinrich Kipp Werk, Stephens Gaskets Ltd, Automotion Components Ltd, AccuTrex Products, Inc., SPIROL, American Metric Corporation, Seeger-Orbis, Gandini Group, Milanoviti Srl, Bokers, Inc., Cirteq Limited, SPM Instrument, Dichtungstechnik, KACO GmbH.
The metal shims 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. Metal Shims 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. Metal Shims Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Metal Shims Market - Supply Chain
4.5. Global Metal Shims Market Forecast
4.5.1. Metal Shims Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Metal Shims Market Size (000 Units) and Y-o-Y Growth
4.5.3. Metal Shims Market Absolute $ Opportunity
5. Global Metal Shims 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. Metal Shims Market Size and Volume Forecast by Type
5.3.1. Carbon Steel Shims
5.3.2. Brass Shims
5.3.3. Aluminum Shims
5.3.4. Stainless Steel Shims
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Metal Shims 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. Metal Shims Market Size and Volume Forecast by Application
6.3.1. Mechanical Engineering
6.3.2. Automotive Engineering
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Metal Shims 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. Metal Shims 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 Metal Shims 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. Metal Shims 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 Metal Shims Demand Share Forecast, 2019-2026
9. North America Metal Shims 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 Metal Shims 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 Metal Shims Market Size and Volume Forecast by Application
9.4.1. Mechanical Engineering
9.4.2. Automotive Engineering
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Metal Shims Market Size and Volume Forecast by Type
9.7.1. Carbon Steel Shims
9.7.2. Brass Shims
9.7.3. Aluminum Shims
9.7.4. Stainless Steel Shims
9.7.5. Others
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 Metal Shims Demand Share Forecast, 2019-2026
10. Latin America Metal Shims 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 Metal Shims 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 Metal Shims Market Size and Volume Forecast by Application
10.4.1. Mechanical Engineering
10.4.2. Automotive Engineering
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Metal Shims Market Size and Volume Forecast by Type
10.7.1. Carbon Steel Shims
10.7.2. Brass Shims
10.7.3. Aluminum Shims
10.7.4. Stainless Steel Shims
10.7.5. Others
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 Metal Shims Demand Share Forecast, 2019-2026
11. Europe Metal Shims 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 Metal Shims 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 Metal Shims Market Size and Volume Forecast by Application
11.4.1. Mechanical Engineering
11.4.2. Automotive Engineering
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Metal Shims Market Size and Volume Forecast by Type
11.7.1. Carbon Steel Shims
11.7.2. Brass Shims
11.7.3. Aluminum Shims
11.7.4. Stainless Steel Shims
11.7.5. Others
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 Metal Shims Demand Share, 2019-2026
12. Asia Pacific Metal Shims 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 Metal Shims 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 Metal Shims Market Size and Volume Forecast by Application
12.4.1. Mechanical Engineering
12.4.2. Automotive Engineering
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Metal Shims Market Size and Volume Forecast by Type
12.7.1. Carbon Steel Shims
12.7.2. Brass Shims
12.7.3. Aluminum Shims
12.7.4. Stainless Steel Shims
12.7.5. Others
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 Metal Shims Demand Share, 2019-2026
13. Middle East & Africa Metal Shims 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 Metal Shims 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 Metal Shims Market Size and Volume Forecast by Application
13.4.1. Mechanical Engineering
13.4.2. Automotive Engineering
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Metal Shims Market Size and Volume Forecast by Type
13.7.1. Carbon Steel Shims
13.7.2. Brass Shims
13.7.3. Aluminum Shims
13.7.4. Stainless Steel Shims
13.7.5. Others
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 Metal Shims Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Metal Shims Market: Market Share Analysis
14.2. Metal Shims Distributors and Customers
14.3. Metal Shims Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. SKF
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Matenaer Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Heinrich Kipp Werk
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Stephens Gaskets Ltd
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Automotion Components Ltd
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. AccuTrex Products, Inc.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. SPIROL
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. American Metric Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Seeger-Orbis
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Gandini Group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Milanoviti Srl
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Bokers, Inc.
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Cirteq Limited
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. SPM Instrument
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Dichtungstechnik
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. KACO GmbH
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
