Global Bolts Market Size Expected To Reach USD 43,099.31 Million With CAGR 5.10% By 2030
Market Overview:
The global bolts market has witnessed substantial growth and is expected to continue its upward trajectory. In 2022, the market size was reasonably estimated to be approximately USD 28,950.00 Million, and it is projected to reach USD 43,099.31 Million by the end of 2030, exhibiting a CAGR of around 5.10% from 2022 to 2030. Bolts are essential threaded fasteners with external male threads requiring matching pre-formed female threads, such as nuts. They play a vital role in securing various components mechanically and are widely used in construction, automotive, aerospace, and other industries.
Major Key Players:
Würth Industries Service GmbH & Co. KG (Germany), REYHER (Germany), AB Steel Inc. (Canada), Keller & Kalmbach GmbH (Germany), Rockford Fastener Inc. (U.S.), Viha Steel & Forging (India), Brunner Manufacturing Co. Inc. (U.S.), Kd Fasteners Inc. (U.S.), Big Bolt Nut (India), Fabory (Netherlands), Fastenal Company (U.S.), B&G Manufacturing (U.S.), Jignesh Steel (India), Other Major Players.
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Market Overview:
The global bolts market has witnessed substantial growth and is expected to continue its upward trajectory. In 2022, the market size was reasonably estimated to be approximately USD 28,950.00 Million, and it is projected to reach USD 43,099.31 Million by the end of 2030, exhibiting a CAGR of around 5.10% from 2022 to 2030. Bolts are essential threaded fasteners with external male threads requiring matching pre-formed female threads, such as nuts. They play a vital role in securing various components mechanically and are widely used in construction, automotive, aerospace, and other industries.
Major Key Players:
Würth Industries Service GmbH & Co. KG (Germany), REYHER (Germany), AB Steel Inc. (Canada), Keller & Kalmbach GmbH (Germany), Rockford Fastener Inc. (U.S.), Viha Steel & Forging (India), Brunner Manufacturing Co. Inc. (U.S.), Kd Fasteners Inc. (U.S.), Big Bolt Nut (India), Fabory (Netherlands), Fastenal Company (U.S.), B&G Manufacturing (U.S.), Jignesh Steel (India), Other Major Players.
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08:21 AM - Mar 18, 2024 (UTC)