Hex Bolts Market Size Forecasted to Hit USD 2.0 Billion by 2031 at 3.0% CAGR Growth: Analysis by Transparency Market Research, Inc.
Growing interest in do-it-yourself projects fuels demand for hex bolts in home renovation and construction activities.
Wilmington, Delaware, United States, Transparency Market Research, Inc. , Oct. 23, 2024 (GLOBE NEWSWIRE) — The global hex bolts market is estimated to surge at a CAGR of 3.0% from 2023 to 2031. Transparency Market Research projects that the overall sales revenue for hex bolts is estimated
Hex Bolts Market: Competitive Landscape
The hex bolts market boasts a competitive landscape characterized by the presence of key players like Fastenal Company, Stanley Black & Decker, and Hilti Corporation.
These companies dominate with extensive product portfolios, global distribution networks, and robust R&D capabilities. Regional players such as Portland Bolt & Manufacturing Company cater to niche markets with specialized offerings.
Market competition is fueled by factors like product quality, pricing strategies, and customer service. Mergers, acquisitions, and partnerships are common strategies employed by companies to strengthen their market position and expand their geographical presence in the hex bolts market. Product Portfolio
- Oglaend System Group offers a comprehensive range of multidiscipline support systems for the offshore, marine, and industrial sectors, including cable management solutions, support systems, and fire protection products.
- Trifast plc specializes in the design, manufacturing, and distribution of industrial fasteners and components, serving diverse sectors including automotive, electronics, and construction.
- Vikrant Fasteners provides high-quality fastening solutions for industrial applications, offering a wide range of bolts, nuts, screws, and washers catering to diverse industries worldwide.
Hex Bolts Market: Key Segments
By Threaded Type
- Fully Threaded
- Partially Threaded
By Material
- Stainless Steel
- Carbon Steel
- Alloy
- Others
By Application
- Automotive
- Construction
- Aerospace
- Others (Industrial Machinery, Home Appliances, etc.)
By Price
- Low
- Medium
- High
By Distribution Channel
- Online
- Offline
- Direct Sales
- Indirect Sales
By Region
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
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Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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