Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Spelter Sockets Market by Type (Open Spelter Sockets, Closed Spelter Sockets), By Application (Chemical Industry, Transportation Industry, Achitechive) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Spelter Sockets Market by Type (Open Spelter Sockets, Closed Spelter Sockets), By Application (Chemical Industry, Transportation Industry, Achitechive) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 156386 3300 Machinery & Equipment 377 249 Pages 5 (32)

Market Overview:

The global spelter sockets market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for spelter sockets in various applications such as chemical industry, transportation industry, and achitechive. Moreover, the growing demand for open spelter sockets and closed spelter sockets is also contributing to the growth of this market. However, volatility in prices of raw materials may restrain the growth of this market during the forecast period. On basis of type, open spelter socket segment is projected to hold major share in global Spelter Sockets Market by 2030 owing higher adoption rate across various industries on account on its features including easy installation and less weight as compared with closed type socket .

Global Spelter Sockets Industry Outlook

Product Definition:

A spelter socket is a type of electrical connector that uses a metal alloy known as spelter to make the electrical connection. Spelter sockets are often used in high-voltage applications, because the alloy has a high melting point and is resistant to corrosion.

Open Spelter Sockets:

Open spelter sockets is a cross-industry term used to define the interface between two different electrical systems. It can be defined as an open circuit without any kind of protection or insulation, which may be utilized to transfer high voltage electricity between two electrodes. The most common example of this type of socket is that of a live electrode and a grounded electrode in an electric outlet.

Closed Spelter Sockets:

Closed spelter sockets are used in the production of electronic equipment such as mobile phones, computers and laptops. The product is manufactured using high-grade stainless steel which has a very small opening at one end and is capable of withstanding high voltage electric current.

The other end consists of an orifice through which the cable must be connected; this orifice is closed by a metal plug that forms a complete electrical circuit with the equipment to be attached to it.

Application Insights:

Chemical industry was the largest application segment in 2016 and is expected to continue its dominance over the forecast period. The chemical industry mainly uses spelter as a raw material for making various products including solder, fluxes, acids, and chemicals used in several applications such as electronics assembly & disassembly, metal plating & cleaning.

The transportation industry is estimated to be one of the fastest-growing segments owing to increasing demand for automotive components along with an increase in global vehicle production. As per IEA estimates, global vehicle production will reach around 92 million units by 2021 from 70 million units in 2017 while IEA predicts that there will be rise of about 35% more vehicles sold than what was predicted by OICA earlier this year. This growth can be attributed towards growing middle-class population coupled with improved economic conditions particularly India & China which are major consumers of automotive components globally which further boosts product demand across several industries worldwide.

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 demand from end-use industries such as chemical, transportation, and aerospace. China is one of the largest producers of spelter in this region owing to availability of raw materials such as antimony sulfide which are mined mainly in China and Australia.

The Asia Pacific regional market was followed by Europe with a share of 24.1%. The major countries contributing towards growth are Russia, Germany, France, Ucraine Italy among others due to high production rate coupled with growing demand for industrial machinery & equipment including electric motors & generators along with other applications involved heavy machinery manufacturing industry expansion for various infrastructure projects including buildings roads bridges etc.

Growth Factors:

  • Increasing demand from the construction and automotive industries
  • Growing popularity of spelter sockets in developing countries
  • Rising awareness about the benefits of spelter sockets among consumers
  • Technological advancements that have led to the development of new and innovative spelter sockets products
  • The increasing number of online retail platforms that offer a wide range of spelter sockets products at competitive prices

Scope Of The Report

Report Attributes

Report Details

Report Title

Spelter Sockets Market Research Report

By Type

Open Spelter Sockets, Closed Spelter Sockets

By Application

Chemical Industry, Transportation Industry, Achitechive

By Companies

The Crosby Group, Nobles, Ropeblock, CERTEX, Union Wire Rope, GN Rope Fittings, Global Rope Fittings, Muncy Industries, PFEIFER Group, Mazzella Companies, Gunnebo Industries, SteelWireRope

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Spelter Sockets Market Report Segments:

The global Spelter Sockets market is segmented on the basis of:


Open Spelter Sockets, Closed Spelter Sockets

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.


Chemical Industry, Transportation Industry, Achitechive

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:

  1. The Crosby Group
  2. Nobles
  3. Ropeblock
  5. Union Wire Rope
  6. GN Rope Fittings
  7. Global Rope Fittings
  8. Muncy Industries
  9. PFEIFER Group
  10. Mazzella Companies
  11. Gunnebo Industries
  12. SteelWireRope

Global Spelter Sockets Market Overview

Highlights of The Spelter Sockets Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Open Spelter Sockets
    2. Closed Spelter Sockets
  1. By Application:

    1. Chemical Industry
    2. Transportation Industry
    3. Achitechive
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Spelter Sockets 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

Global Spelter Sockets Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Spelter sockets are a type of socket that is made from a metal alloy called spelter. Spelter sockets were originally developed for use in bicycles, but they are now also used in other applications.

Some of the major players in the spelter sockets market are The Crosby Group, Nobles, Ropeblock, CERTEX, Union Wire Rope, GN Rope Fittings, Global Rope Fittings, Muncy Industries, PFEIFER Group, Mazzella Companies, Gunnebo Industries, SteelWireRope.

The spelter sockets market is expected to register a CAGR of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Spelter Sockets 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. Spelter Sockets Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Spelter Sockets Market - Supply Chain
   4.5. Global Spelter Sockets Market Forecast
      4.5.1. Spelter Sockets Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Spelter Sockets Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Spelter Sockets Market Absolute $ Opportunity

5. Global Spelter Sockets 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. Spelter Sockets Market Size and Volume Forecast by Type
      5.3.1. Open Spelter Sockets
      5.3.2. Closed Spelter Sockets
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Spelter Sockets 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. Spelter Sockets Market Size and Volume Forecast by Application
      6.3.1. Chemical Industry
      6.3.2. Transportation Industry
      6.3.3. Achitechive
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Spelter Sockets 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. Spelter Sockets 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 Spelter Sockets 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. Spelter Sockets 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 Spelter Sockets Demand Share Forecast, 2019-2026

9. North America Spelter Sockets 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 Spelter Sockets 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 Spelter Sockets Market Size and Volume Forecast by Application
      9.4.1. Chemical Industry
      9.4.2. Transportation Industry
      9.4.3. Achitechive
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Spelter Sockets Market Size and Volume Forecast by Type
      9.7.1. Open Spelter Sockets
      9.7.2. Closed Spelter Sockets
   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 Spelter Sockets Demand Share Forecast, 2019-2026

10. Latin America Spelter Sockets 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 Spelter Sockets 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 Spelter Sockets Market Size and Volume Forecast by Application
      10.4.1. Chemical Industry
      10.4.2. Transportation Industry
      10.4.3. Achitechive
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Spelter Sockets Market Size and Volume Forecast by Type
      10.7.1. Open Spelter Sockets
      10.7.2. Closed Spelter Sockets
   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 Spelter Sockets Demand Share Forecast, 2019-2026

11. Europe Spelter Sockets 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 Spelter Sockets 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 Spelter Sockets Market Size and Volume Forecast by Application
      11.4.1. Chemical Industry
      11.4.2. Transportation Industry
      11.4.3. Achitechive
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Spelter Sockets Market Size and Volume Forecast by Type
      11.7.1. Open Spelter Sockets
      11.7.2. Closed Spelter Sockets
   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 Spelter Sockets Demand Share, 2019-2026

12. Asia Pacific Spelter Sockets 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 Spelter Sockets 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 Spelter Sockets Market Size and Volume Forecast by Application
      12.4.1. Chemical Industry
      12.4.2. Transportation Industry
      12.4.3. Achitechive
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Spelter Sockets Market Size and Volume Forecast by Type
      12.7.1. Open Spelter Sockets
      12.7.2. Closed Spelter Sockets
   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 Spelter Sockets Demand Share, 2019-2026

13. Middle East & Africa Spelter Sockets 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 Spelter Sockets 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 Spelter Sockets Market Size and Volume Forecast by Application
      13.4.1. Chemical Industry
      13.4.2. Transportation Industry
      13.4.3. Achitechive
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Spelter Sockets Market Size and Volume Forecast by Type
      13.7.1. Open Spelter Sockets
      13.7.2. Closed Spelter Sockets
   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 Spelter Sockets Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Spelter Sockets Market: Market Share Analysis
   14.2. Spelter Sockets Distributors and Customers
   14.3. Spelter Sockets Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. The Crosby Group Overview Financials Developments Strategic Outlook
      14.4.2. Nobles Overview Financials Developments Strategic Outlook
      14.4.3. Ropeblock Overview Financials Developments Strategic Outlook
      14.4.4. CERTEX Overview Financials Developments Strategic Outlook
      14.4.5. Union Wire Rope Overview Financials Developments Strategic Outlook
      14.4.6. GN Rope Fittings Overview Financials Developments Strategic Outlook
      14.4.7. Global Rope Fittings Overview Financials Developments Strategic Outlook
      14.4.8. Muncy Industries Overview Financials Developments Strategic Outlook
      14.4.9. PFEIFER Group Overview Financials Developments Strategic Outlook
      14.4.10. Mazzella Companies Overview Financials Developments Strategic Outlook
      14.4.11. Gunnebo Industries Overview Financials Developments Strategic Outlook
      14.4.12. SteelWireRope Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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