Market Overview:
The global step 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 step bolts in construction and shipbuilding applications. Stainless steel is the most commonly used material for manufacturing step bolts, owing to its properties such as corrosion resistance and durability. However, alloy steel and carbon steel are also used in some applications owing to their specific properties that are beneficial for certain end-use industries.
Product Definition:
Step bolts are screws with a large, flat head and a hexagonal socket drive. They are used to fasten two parts together at an angle, such as the legs of a table. The large head prevents the bolt from being driven in too far, while the hexagonal socket allows a wrench to be used for tightening or loosening it.
Stainless Steel Step Bolts:
Stainless steel step bolts are used in the construction of buildings and other structures to provide resistance to corrosion. They are available in a variety of forms, including round, hexagonal, octagonal and square head styles. The stainless steel step bolts have applications in both new constructions as well as refurbishment projects.
The global stainless steel step bolts market is driven by factors such as growing infrastructure spending across the globe especially for water treatment facilities.
Alloy Steel Step Bolts:
Alloy steel step bolts are manufactured using various types of alloys including nickel, chromium, molybdenum and manganese. These metals impart different properties to the finished products such as corrosion resistance and high strength. The manufacturing process involves melting the metal raw material followed by adding it to a die where it is stamped into shape according to the requirement.
Application Insights:
The construction application segment accounted for the largest share of over 50.0% in 2017 and is projected to witness significant growth over the forecast period. Stainless steel, alloy steel and carbon steel step bolts are used in constructions for supporting heavy loads on stairs or platforms. The use of these bolts ensures stability as well as safety while using the stairs or platform.
The product is widely used in residential buildings, commercial structures including hotels and restaurants along with other public buildings such as stadiums.
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, Indonesia and Vietnam. These countries are witnessing strong economic growth owing to various factors such as increasing disposable income of consumers and improving standard of living coupled with rising investments in infrastructural development.
The construction industry has witnessed significant growth in these countries on account of rapid urbanization along with growing population that requires new residential structures as well as other commercial buildings for functional utilization. This factor is anticipated to fuel demand for step bolts over the forecast period.
Europe accounted for a major share owing to high product penetration due to increased application scope across various industries including shipbuilding and construction sectors across European countries on account of growing industrial output post-recessionary trends observed during 2008-09 recessionary phase globally).
Growth Factors:
- Increasing demand from the automotive and construction industries
- Growing popularity of step bolts as an alternative to screws and nails
- Rising awareness about the benefits of using step bolts over traditional fasteners
- Proliferation of online retail platforms that offer a wide range of step bolts at competitive prices
- Growing number of DIY enthusiasts who are looking for easy-to-use, time-saving tools
Scope Of The Report
Report Attributes
Report Details
Report Title
Step Bolts Market Research Report
By Type
Stainless Steel Step Bolts, Alloy Steel Step Bolts, Carbon Steel Step Bolts, Others
By Application
Construction, Shipbuilding, Others
By Companies
Portland Bolt, Chicago Nut & Bolt, ABC Fastener Group, Associated Fastening Products, National Bolt&Nut Corporation, Jignesh Steel, Shanghai TopKun Industry
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Step Bolts Market Report Segments:
The global Step Bolts market is segmented on the basis of:
Types
Stainless Steel Step Bolts, Alloy Steel Step Bolts, Carbon Steel Step Bolts, 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
Construction, Shipbuilding, 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:
- Portland Bolt
- Chicago Nut & Bolt
- ABC Fastener Group
- Associated Fastening Products
- National Bolt&Nut Corporation
- Jignesh Steel
- Shanghai TopKun Industry
Highlights of The Step 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 Step Bolts
- Alloy Steel Step Bolts
- Carbon Steel Step Bolts
- Others
- By Application:
- Construction
- Shipbuilding
- 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 Step 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
- 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?
Step Bolts are a type of fastener that is used to attach two pieces of wood together. They are inserted into the ends of the boards and then tightened with a wrench.
Some of the major players in the step bolts market are Portland Bolt, Chicago Nut & Bolt, ABC Fastener Group, Associated Fastening Products, National Bolt&Nut Corporation, Jignesh Steel, Shanghai TopKun Industry.
The step bolts 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. Step 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. Step Bolts Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Step Bolts Market - Supply Chain
4.5. Global Step Bolts Market Forecast
4.5.1. Step Bolts Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Step Bolts Market Size (000 Units) and Y-o-Y Growth
4.5.3. Step Bolts Market Absolute $ Opportunity
5. Global Step 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. Step Bolts Market Size and Volume Forecast by Type
5.3.1. Stainless Steel Step Bolts
5.3.2. Alloy Steel Step Bolts
5.3.3. Carbon Steel Step Bolts
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Step 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. Step Bolts Market Size and Volume Forecast by Application
6.3.1. Construction
6.3.2. Shipbuilding
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Step 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. Step 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 Step 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. Step 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 Step Bolts Demand Share Forecast, 2019-2026
9. North America Step 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 Step 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 Step Bolts Market Size and Volume Forecast by Application
9.4.1. Construction
9.4.2. Shipbuilding
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 Step Bolts Market Size and Volume Forecast by Type
9.7.1. Stainless Steel Step Bolts
9.7.2. Alloy Steel Step Bolts
9.7.3. Carbon Steel Step Bolts
9.7.4. 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 Step Bolts Demand Share Forecast, 2019-2026
10. Latin America Step 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 Step 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 Step Bolts Market Size and Volume Forecast by Application
10.4.1. Construction
10.4.2. Shipbuilding
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 Step Bolts Market Size and Volume Forecast by Type
10.7.1. Stainless Steel Step Bolts
10.7.2. Alloy Steel Step Bolts
10.7.3. Carbon Steel Step Bolts
10.7.4. 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 Step Bolts Demand Share Forecast, 2019-2026
11. Europe Step 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 Step 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 Step Bolts Market Size and Volume Forecast by Application
11.4.1. Construction
11.4.2. Shipbuilding
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 Step Bolts Market Size and Volume Forecast by Type
11.7.1. Stainless Steel Step Bolts
11.7.2. Alloy Steel Step Bolts
11.7.3. Carbon Steel Step Bolts
11.7.4. 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 Step Bolts Demand Share, 2019-2026
12. Asia Pacific Step 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 Step 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 Step Bolts Market Size and Volume Forecast by Application
12.4.1. Construction
12.4.2. Shipbuilding
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 Step Bolts Market Size and Volume Forecast by Type
12.7.1. Stainless Steel Step Bolts
12.7.2. Alloy Steel Step Bolts
12.7.3. Carbon Steel Step Bolts
12.7.4. 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 Step Bolts Demand Share, 2019-2026
13. Middle East & Africa Step 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 Step 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 Step Bolts Market Size and Volume Forecast by Application
13.4.1. Construction
13.4.2. Shipbuilding
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 Step Bolts Market Size and Volume Forecast by Type
13.7.1. Stainless Steel Step Bolts
13.7.2. Alloy Steel Step Bolts
13.7.3. Carbon Steel Step Bolts
13.7.4. 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 Step Bolts Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Step Bolts Market: Market Share Analysis
14.2. Step Bolts Distributors and Customers
14.3. Step Bolts Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Portland Bolt
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Chicago Nut & Bolt
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ABC Fastener Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Associated Fastening Products
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. National Bolt&Nut Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Jignesh Steel
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Shanghai TopKun Industry
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
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
