Market Overview:
The global toggle 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 toggle bolts in electrical, security, energy and plumbing applications. Toggle bolts are also being increasingly used as an alternative fastening option to screws and nails, owing to their high tensile strength and resistance against corrosion. North America is expected to lead the global toggle bolts market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
Toggle bolts are a type of heavy-duty anchor that can be used in place of traditional screws or nails to hold objects in place. Toggle bolts consist of a threaded bolt that is inserted through a hole in the object to be held, and a toggle attached to the other end of the bolt. When the toggle is pushed down, it opens up like a claw and grips the inside of the hole, providing extra stability. Toggle bolts are important because they can hold heavier objects than traditional screws or nails, making them ideal for securing heavy items such as cabinets or shelves.
Standard:
The standard is a type of toggle bolts that are widely used in the construction industry. It has a large application in steel structures such as buildings, bridges, and others. The growing demand for steel structure is expected to drive the market over the forecast period.
It’s an elongated nut-like device with two arms extending from its body which forms a cross shape when viewed from above.
Custom:
Custom is a type of toggle bolts that consists of two metal plates, one behind the other. The head or the end of the bolt contains a lever that can be used to engage or disengage the plates. It offers an easy way to change between alternate settings and helps in preventing accidental changes in certain applications such as air handling systems, refrigeration systems, etc.
The design allows for compactness.
Application Insights:
The electrical application segment led the global toggle bolts market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The rising demand for electric vehicles, coupled with increasing electricity consumption across various end-use industries, is anticipated to drive the product demand in this segment over the coming years.
Security applications are expected to witness significant growth on account of growing concerns regarding safety and security among individuals and infrastructure globally. Toggle bolts have been witnessing increased adoption as they provide easy installation while also ensuring secure connections between components or structures joined together owing to their cross-locking feature. This makes them an ideal choice for use in high traffic areas where durability & strength are required along with ease of installation & removal requirements at a reasonable cost factor compared to other fasteners such as nuts & screws that require special tools for assembly or disassembly respectively resulting into higher initial capital investments (ICI).
Regional Analysis:
North America is expected to be the largest market for toggle bolts over the forecast period owing to increasing demand from various application industries in countries, such as U.S., Canada, and Mexico. The region accounted for a share of more than 35% in 2017 on account of presence of a large number of manufacturers coupled with high product penetration in residential and non-residential construction industry.
Asia Pacific is anticipated to witness significant growth over the coming years due to rising construction activities mainly driven by growing population along with rapid urbanization across emerging economies including China, India, Indonesia, Malaysia Philippines Singapore Thailand Vietnam among others. In addition these factors are projected to propel demand for toggle bolts across Asia Pacific during the forecast period.
Europe was valued at USD X million in 2017.
Growth Factors:
- Increasing demand from construction and engineering sectors for Toggle Bolts as a result of their high tensile strength and corrosion resistance properties.
- Rising popularity of toggle bolts among DIY enthusiasts for quick, easy and secure installation in a variety of applications.
- Growing demand for toggle bolts in the automotive industry as an alternative to conventional fasteners due to their high load-bearing capacity.
- Technological advancements that have led to the development of new types of toggle bolts with enhanced features and properties, such as increased strength and durability.
Scope Of The Report
Report Attributes
Report Details
Report Title
Toggle Bolts Market Research Report
By Type
Standard, Custom
By Application
Electrical, Security, Energy, Plumbing
By Companies
Essentra Components, Associated Fastening Products, Inc, S & S Fasteners, Western States Hardware, L. H. Dottie Co, ITW Commercial Construction, Milcom Supply & Manufacturing, Inc, Fastener Technology Inc, RKL Building Specialties Co., Inc, Abbott Interfast Corp, Ford Atlantic Co
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Toggle Bolts Market Report Segments:
The global Toggle Bolts market is segmented on the basis of:
Types
Standard, Custom
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
Electrical, Security, Energy, Plumbing
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:
- Essentra Components
- Associated Fastening Products, Inc
- S & S Fasteners
- Western States Hardware
- L. H. Dottie Co
- ITW Commercial Construction
- Milcom Supply & Manufacturing, Inc
- Fastener Technology Inc
- RKL Building Specialties Co., Inc
- Abbott Interfast Corp
- Ford Atlantic Co
Highlights of The Toggle 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:
- Standard
- Custom
- By Application:
- Electrical
- Security
- Energy
- Plumbing
- 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 Toggle 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?
Toggle bolts are a type of fastener that is used to connect two pieces of metal. The toggle bolt has a small head on one end and a large body on the other. When you turn the head, it connects and disconnects the metal quickly.
Some of the key players operating in the toggle bolts market are Essentra Components, Associated Fastening Products, Inc, S & S Fasteners, Western States Hardware, L. H. Dottie Co, ITW Commercial Construction, Milcom Supply & Manufacturing, Inc, Fastener Technology Inc, RKL Building Specialties Co., Inc, Abbott Interfast Corp, Ford Atlantic Co.
The toggle 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. Toggle 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. Toggle Bolts Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Toggle Bolts Market - Supply Chain
4.5. Global Toggle Bolts Market Forecast
4.5.1. Toggle Bolts Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Toggle Bolts Market Size (000 Units) and Y-o-Y Growth
4.5.3. Toggle Bolts Market Absolute $ Opportunity
5. Global Toggle 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. Toggle Bolts Market Size and Volume Forecast by Type
5.3.1. Standard
5.3.2. Custom
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Toggle 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. Toggle Bolts Market Size and Volume Forecast by Application
6.3.1. Electrical
6.3.2. Security
6.3.3. Energy
6.3.4. Plumbing
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Toggle 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. Toggle 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 Toggle 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. Toggle 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 Toggle Bolts Demand Share Forecast, 2019-2026
9. North America Toggle 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 Toggle 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 Toggle Bolts Market Size and Volume Forecast by Application
9.4.1. Electrical
9.4.2. Security
9.4.3. Energy
9.4.4. Plumbing
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Toggle Bolts Market Size and Volume Forecast by Type
9.7.1. Standard
9.7.2. Custom
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 Toggle Bolts Demand Share Forecast, 2019-2026
10. Latin America Toggle 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 Toggle 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 Toggle Bolts Market Size and Volume Forecast by Application
10.4.1. Electrical
10.4.2. Security
10.4.3. Energy
10.4.4. Plumbing
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Toggle Bolts Market Size and Volume Forecast by Type
10.7.1. Standard
10.7.2. Custom
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 Toggle Bolts Demand Share Forecast, 2019-2026
11. Europe Toggle 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 Toggle 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 Toggle Bolts Market Size and Volume Forecast by Application
11.4.1. Electrical
11.4.2. Security
11.4.3. Energy
11.4.4. Plumbing
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Toggle Bolts Market Size and Volume Forecast by Type
11.7.1. Standard
11.7.2. Custom
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 Toggle Bolts Demand Share, 2019-2026
12. Asia Pacific Toggle 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 Toggle 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 Toggle Bolts Market Size and Volume Forecast by Application
12.4.1. Electrical
12.4.2. Security
12.4.3. Energy
12.4.4. Plumbing
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Toggle Bolts Market Size and Volume Forecast by Type
12.7.1. Standard
12.7.2. Custom
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 Toggle Bolts Demand Share, 2019-2026
13. Middle East & Africa Toggle 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 Toggle 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 Toggle Bolts Market Size and Volume Forecast by Application
13.4.1. Electrical
13.4.2. Security
13.4.3. Energy
13.4.4. Plumbing
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Toggle Bolts Market Size and Volume Forecast by Type
13.7.1. Standard
13.7.2. Custom
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 Toggle Bolts Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Toggle Bolts Market: Market Share Analysis
14.2. Toggle Bolts Distributors and Customers
14.3. Toggle Bolts Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Essentra Components
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Associated Fastening Products, Inc
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. S & S Fasteners
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Western States Hardware
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. L. H. Dottie Co
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ITW Commercial Construction
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Milcom Supply & Manufacturing, Inc
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Fastener Technology Inc
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. RKL Building Specialties Co., Inc
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Abbott Interfast Corp
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Ford Atlantic Co
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
