Market Overview:
The global retaining washers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the automotive and mechanical industries is expected to drive the demand for retaining washers in the global market. Asia Pacific is estimated to be the fastest-growing region in terms of revenue, followed by Europe and North America. The key players operating in this market are Dana Holding Corporation (U.S.), Federal-Mogul Holdings Corporation (U.S.), Nippon Bearing Co., Ltd.(Japan), NTN Corporation (Japan), RBC Bearings Incorporated (U.S.), SKF AB (Sweden), Timken Company(U.S.), and Wafangdian Bearing Group Co., Ltd.(China).
Product Definition:
A retaining washer is a disk-shaped metal or plastic washer that is used to keep a nut or bolt from loosening. The washer has a hole in the center so that it can be placed over the bolt or nut, and then the head of the bolt or nut is threaded through the hole. The retaining washer helps to keep the nut or bolt from moving, which prevents it from becoming loose over time.
Flat Retaining Washers:
Flat retaining washers are thin, flat, and elongated washers that are used to retain fasteners in place. They have a U-shaped cross section with one leg longer than the other. The shorter leg is usually 1/4th the length of the longer side. The top of the U has an angle on it so that when placed on a surface, it points toward the center of your structure where there is less chance of them falling off (if placed correctly).
Formed Retaining Washers:
formed retaining washers are manufactured by compressing the washer material between two plates. The compression force is applied by a hydraulic or pneumatic device. The formed retaining washers find applications in various industries including automotive, construction, and aerospace & defense.
The increasing demand for formed retainers can be attributed to their ability to reduce the chances of damage during assembly operations along with providing high strength and reliability at an affordable cost as compared to other products available in the market today.
Application Insights:
Automotive application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The rising number of automotive production across the globe is expected to be one of the major factors driving product demand in this application segment. Moreover, technological advancements such as CAD/CAM systems are also likely to fuel product demand in this segment over the coming years.
The mechanical industry was another prominent end-use sector for retaining washers and accounted for 20% market share by revenue in 2017 on account of their extensive use across various industries including oil & gas, chemical, food & beverage processing, etc. Retaining bolts or screws are used frequently during assembly operations where components are fastened together; therefore increasing production volumes across these industries will drive retainers as an aftermarket commodity eventually benefitting market growth during forecast years 2018 ¢â‚¬â€œ 2030 period.
Others include construction industry.
Regional Analysis:
Asia Pacific dominated the global retaining washers market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the major automotive and industrial manufacturers, who are increasingly focusing on developing countries like China & India for manufacturing as well as distribution purposes. This has resulted in high demand from end-users across various industries such as machinery, oil & gas, construction, automotive etc.
The growing industrial sector across emerging economies including China and India coupled with increasing foreign investments in these markets have fueled growth for this industry segment over the past few years. For instance; In September 2016; HEG Limited invested USD X million to expand its Hegleroy Manufacturing Plant located at Surat Thani Province Thailand by adding a new production line that will be used for producing steel products such as retainers and bushings etc.).
Growth Factors:
- Increasing demand from the automotive and construction industries
- Growing popularity of washers in Asia Pacific region
- Rising awareness about the benefits of using retaining washers
- Technological advancements in manufacturing process of retaining washers
- Growing demand for customized retaining washers
Scope Of The Report
Report Attributes
Report Details
Report Title
Retaining Washers Market Research Report
By Type
Flat Retaining Washers, Formed Retaining Washers, Others
By Application
Automotive Industry, Mechanical Industry, Others
By Companies
Accurate Mfd Products, TE-CO Manufacturing LLC, Master Products Co, E & T Fasteners, Micro Plastics, Essentra PLC, Nylon Fasteners Ltd, Chuanghe Fastener Co. Ltd, Metric Blue, Seastrom Manufacturing Co Inc., Boker's, Inc., Bulte Plastics, Keystone Electronics Corp., Milanoviti S.R.L., TAKIGEN, Apex 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 Retaining Washers Market Report Segments:
The global Retaining Washers market is segmented on the basis of:
Types
Flat Retaining Washers, Formed Retaining Washers, 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
Automotive Industry, Mechanical Industry, 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:
- Accurate Mfd Products
- TE-CO Manufacturing LLC
- Master Products Co
- E & T Fasteners
- Micro Plastics
- Essentra PLC
- Nylon Fasteners Ltd
- Chuanghe Fastener Co. Ltd
- Metric Blue
- Seastrom Manufacturing Co Inc.
- Boker's, Inc.
- Bulte Plastics
- Keystone Electronics Corp.
- Milanoviti S.R.L.
- TAKIGEN
- Apex Fasteners
Highlights of The Retaining Washers 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:
- Flat Retaining Washers
- Formed Retaining Washers
- Others
- By Application:
- Automotive Industry
- Mechanical Industry
- 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 Retaining Washers 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?
Retaining washers are a type of hardware that is used to keep screws and bolts from coming loose. They are inserted into the screw or bolt head before it is tightened, and then they hold the screw or bolt in place until it is fully tightened.
Some of the major players in the retaining washers market are Accurate Mfd Products, TE-CO Manufacturing LLC, Master Products Co, E & T Fasteners, Micro Plastics, Essentra PLC, Nylon Fasteners Ltd, Chuanghe Fastener Co. Ltd, Metric Blue, Seastrom Manufacturing Co Inc., Boker's, Inc., Bulte Plastics, Keystone Electronics Corp., Milanoviti S.R.L., TAKIGEN, Apex Fasteners.
The retaining washers market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Retaining Washers 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. Retaining Washers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Retaining Washers Market - Supply Chain
4.5. Global Retaining Washers Market Forecast
4.5.1. Retaining Washers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Retaining Washers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Retaining Washers Market Absolute $ Opportunity
5. Global Retaining Washers 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. Retaining Washers Market Size and Volume Forecast by Type
5.3.1. Flat Retaining Washers
5.3.2. Formed Retaining Washers
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Retaining Washers 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. Retaining Washers Market Size and Volume Forecast by Application
6.3.1. Automotive Industry
6.3.2. Mechanical Industry
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Retaining Washers 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. Retaining Washers 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 Retaining Washers 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. Retaining Washers 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 Retaining Washers Demand Share Forecast, 2019-2026
9. North America Retaining Washers 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 Retaining Washers 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 Retaining Washers Market Size and Volume Forecast by Application
9.4.1. Automotive Industry
9.4.2. Mechanical Industry
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 Retaining Washers Market Size and Volume Forecast by Type
9.7.1. Flat Retaining Washers
9.7.2. Formed Retaining Washers
9.7.3. 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 Retaining Washers Demand Share Forecast, 2019-2026
10. Latin America Retaining Washers 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 Retaining Washers 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 Retaining Washers Market Size and Volume Forecast by Application
10.4.1. Automotive Industry
10.4.2. Mechanical Industry
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 Retaining Washers Market Size and Volume Forecast by Type
10.7.1. Flat Retaining Washers
10.7.2. Formed Retaining Washers
10.7.3. 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 Retaining Washers Demand Share Forecast, 2019-2026
11. Europe Retaining Washers 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 Retaining Washers 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 Retaining Washers Market Size and Volume Forecast by Application
11.4.1. Automotive Industry
11.4.2. Mechanical Industry
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 Retaining Washers Market Size and Volume Forecast by Type
11.7.1. Flat Retaining Washers
11.7.2. Formed Retaining Washers
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growt 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 Retaining Washers Demand Share, 2019-2026
12. Asia Pacific Retaining Washers 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 Retaining Washers 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 Retaining Washers Market Size and Volume Forecast by Application
12.4.1. Automotive Industry
12.4.2. Mechanical Industry
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 Retaining Washers Market Size and Volume Forecast by Type
12.7.1. Flat Retaining Washers
12.7.2. Formed Retaining Washers
12.7.3. 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 Retaining Washers Demand Share, 2019-2026
13. Middle East & Africa Retaining Washers 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 Retaining Washers 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 Retaining Washers Market Size and Volume Forecast by Application
13.4.1. Automotive Industry
13.4.2. Mechanical Industry
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 Retaining Washers Market Size and Volume Forecast by Type
13.7.1. Flat Retaining Washers
13.7.2. Formed Retaining Washers
13.7.3. 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 Retaining Washers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Retaining Washers Market: Market Share Analysis
14.2. Retaining Washers Distributors and Customers
14.3. Retaining Washers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Accurate Mfd Products
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. TE-CO Manufacturing LLC
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Master Products Co
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. E & T 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. Micro Plastics
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Essentra PLC
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Nylon Fasteners Ltd
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Chuanghe Fastener Co. Ltd
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Metric Blue
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Seastrom Manufacturing Co Inc.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Boker's, Inc.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Bulte Plastics
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Keystone Electronics Corp.
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Milanoviti S.R.L.
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. TAKIGEN
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Apex 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
