Market Overview:
The global turnbuckles 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 turnbuckles in construction, shipping, aircraft, sports and other applications. Stainless steel is the most commonly used material for manufacturing turnbuckles owing to its properties such as corrosion resistance and durability. Galvanised steel is also a popular choice among end users owing to its low cost and high strength-to-weight ratio. Asia Pacific accounted for the largest share of the global turnbuckles market in 2017 and is expected to continue its dominance during the forecast period.
Product Definition:
A turnbuckle is a device used to tension or loosen objects, typically ropes, wires or cables. Turnbuckles consist of two threaded eye bolts connected by a crossbar. They are usually used to adjust the tension in guy wires and anchor lines.
Stainless Steel:
Stainless steel is a widely used alloy in the turnbuckles market. It has various properties such as corrosion resistance, high strength, and electrical & thermal conductivity which make it suitable for use in various industries including oil & gas, chemical processing and power generation. The global stainless steel market size was valued at USD 18.91 billion in 2015 owing to its increasing demand from the construction industry due to its excellent corrosion resistance property.
Galvanised Steel:
Galvanized steel is a type of steel that has been coated with zinc. It provides additional corrosion resistance to the metal and makes it easier to clean. The product is widely used in applications where there are high chances of corrosive chemicals coming in contact with the equipment, such as oil well drilling platforms and refineries.
Application Insights:
The construction 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 product is widely used in construction activities such as drilling, blasting, paving, road building and others. It helps reduce vibration caused by heavy machinery operating onsite thereby reducing workers¢â‚¬â„¢ fatigue and injuries.
The sports application segment was valued at USD 536 million in 2017 owing to its wide use for manufacturing goalposts, goals, bleachers & seating areas among other structures involved in sports activities such as tennis courts and basketball courts. Other applications include machine tools where turnbuckles are used to adjust or move components during machining operations or when maintenance work needs to be done on these machines thus making them user-friendly for the general public without any technical knowledge required regarding their usage.
Regional Analysis:
Asia Pacific was the largest market in 2016 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in infrastructure development, which is driving turnbuckle demand from construction, shipping, aircraft and other industries. China accounted for a major share of global construction industry owing to increasing investments in transportation facilities such as airports and high-speed rail networks. This scenario is further anticipated to drive the market over the forecast period.
Europe was valued at USD X million in 2017 owing to growing application scope across several industries including aerospace & defense (AD), automotive & transportation (MT).
Growth Factors:
- Increasing demand from construction and engineering sectors for turnbuckles as tensioning and rigging devices.
- Growing popularity of turnbuckles in the automotive industry for suspension, steering, and braking systems.
- Rising demand from the marine sector for use in mooring lines, dock lines, and anchor chains.
- Increasing use of turnbuckles in the wire rope industry for manufacturing lifting slings, cable assemblies, and other products.
- Technological advancements that have led to the development of new types of turnbuckles such as fiberglass-reinforced plastic (FRP) turnbuckles
Scope Of The Report
Report Attributes
Report Details
Report Title
Turnbuckles Market Research Report
By Type
Stainless Steel, Galvanised Steel, Others
By Application
Construction, Shipping, Aircraft, Sports, Others
By Companies
Sta-Lok, C. Sherman Johnson, Blue Wave, Petersen Stainless, Marinetech Edelstahlhandel, King Snaps Industrial, LangmanRopes, Allen Brothers, CONTAINER TECHNICS, GMTmarine, Seldén Mas, Soromap
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Turnbuckles Market Report Segments:
The global Turnbuckles market is segmented on the basis of:
Types
Stainless Steel, Galvanised Steel, 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, Shipping, Aircraft, Sports, 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:
- Sta-Lok
- C. Sherman Johnson
- Blue Wave
- Petersen Stainless
- Marinetech Edelstahlhandel
- King Snaps Industrial
- LangmanRopes
- Allen Brothers
- CONTAINER TECHNICS
- GMTmarine
- Seldén Mas
- Soromap
Highlights of The Turnbuckles 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
- Galvanised Steel
- Others
- By Application:
- Construction
- Shipping
- Aircraft
- Sports
- 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 Turnbuckles 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?
A turnbuckle is a metal or plastic device used to secure ropes, cables, and other materials. It is typically mounted on a post or beam and has two arms that can be tightened by hand or with a lever.
Some of the major players in the turnbuckles market are Sta-Lok, C. Sherman Johnson, Blue Wave, Petersen Stainless, Marinetech Edelstahlhandel, King Snaps Industrial, LangmanRopes, Allen Brothers, CONTAINER TECHNICS, GMTmarine, SeldƒÂ©n Mas, Soromap.
The turnbuckles market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Turnbuckles 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. Turnbuckles Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Turnbuckles Market - Supply Chain
4.5. Global Turnbuckles Market Forecast
4.5.1. Turnbuckles Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Turnbuckles Market Size (000 Units) and Y-o-Y Growth
4.5.3. Turnbuckles Market Absolute $ Opportunity
5. Global Turnbuckles 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. Turnbuckles Market Size and Volume Forecast by Type
5.3.1. Stainless Steel
5.3.2. Galvanised Steel
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Turnbuckles 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. Turnbuckles Market Size and Volume Forecast by Application
6.3.1. Construction
6.3.2. Shipping
6.3.3. Aircraft
6.3.4. Sports
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Turnbuckles 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. Turnbuckles 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 Turnbuckles 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. Turnbuckles 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 Turnbuckles Demand Share Forecast, 2019-2026
9. North America Turnbuckles 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 Turnbuckles 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 Turnbuckles Market Size and Volume Forecast by Application
9.4.1. Construction
9.4.2. Shipping
9.4.3. Aircraft
9.4.4. Sports
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Turnbuckles Market Size and Volume Forecast by Type
9.7.1. Stainless Steel
9.7.2. Galvanised Steel
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 Turnbuckles Demand Share Forecast, 2019-2026
10. Latin America Turnbuckles 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 Turnbuckles 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 Turnbuckles Market Size and Volume Forecast by Application
10.4.1. Construction
10.4.2. Shipping
10.4.3. Aircraft
10.4.4. Sports
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Turnbuckles Market Size and Volume Forecast by Type
10.7.1. Stainless Steel
10.7.2. Galvanised Steel
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 Turnbuckles Demand Share Forecast, 2019-2026
11. Europe Turnbuckles 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 Turnbuckles 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 Turnbuckles Market Size and Volume Forecast by Application
11.4.1. Construction
11.4.2. Shipping
11.4.3. Aircraft
11.4.4. Sports
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Turnbuckles Market Size and Volume Forecast by Type
11.7.1. Stainless Steel
11.7.2. Galvanised Steel
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/Growth Poential 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 Turnbuckles Demand Share, 2019-2026
12. Asia Pacific Turnbuckles 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 Turnbuckles 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 Turnbuckles Market Size and Volume Forecast by Application
12.4.1. Construction
12.4.2. Shipping
12.4.3. Aircraft
12.4.4. Sports
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Turnbuckles Market Size and Volume Forecast by Type
12.7.1. Stainless Steel
12.7.2. Galvanised Steel
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 Turnbuckles Demand Share, 2019-2026
13. Middle East & Africa Turnbuckles 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 Turnbuckles 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 Turnbuckles Market Size and Volume Forecast by Application
13.4.1. Construction
13.4.2. Shipping
13.4.3. Aircraft
13.4.4. Sports
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Turnbuckles Market Size and Volume Forecast by Type
13.7.1. Stainless Steel
13.7.2. Galvanised Steel
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 Turnbuckles Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Turnbuckles Market: Market Share Analysis
14.2. Turnbuckles Distributors and Customers
14.3. Turnbuckles Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Sta-Lok
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. C. Sherman Johnson
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Blue Wave
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Petersen Stainless
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Marinetech Edelstahlhandel
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. King Snaps Industrial
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. LangmanRopes
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Allen Brothers
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. CONTAINER TECHNICS
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. GMTmarine
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Seldén Mas
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Soromap
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