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Retaining Rings Market: Competitive Dynamics & Global Outlook 2024– Top Key players like– Top Key players like Hugo Benzing,Barnes Group,Rotor Clip,Inc.
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A retaining ring is a fastener that holds components or assemblies onto a shaft or in a housing/bore when installed - typically in a groove - for one time use only. Once installed, the exposed portion acts as a shoulder which retains the specific component or assembly. Circlips are a type of retaining ring.
Carbon steel retaining rings including Internal Retaining Rings, External Retaining Rings. These products are expected to witness significant demand over the upcoming years as they increase the durability of the joined parts.
Carbon steel retaining rings are application in Automotive, Consumer Products, Energy, Industrial and other industry. The most proportion of carbon steel retaining rings is used in automotive, and the market share in 2017 is about 46% and the proportion of Industrial in 2017 is about 25%
Asia Pacific region is the largest consumption place of carbon steel retaining rings, with a consumption market share nearly 48.25% in 2017. Europe is the second largest consumption of carbon steel retaining rings, enjoying consumption market share nearly 25.7% in 2017.
According to this study, over the next five years the Retaining Rings market will register a 5.1% CAGR in terms of revenue, the global market size will reach US$ 3350 million by 2024, from US$ 2610 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Retaining Rings business, shared in Chapter 3.
Market Segment by Manufacturers, this report covers
Hugo Benzing
Barnes Group
Rotor Clip
Smalley
Würth
Cirteq Limited
American Ring
Ochiai Co
Beneri
IWATA DENKO
Star Circlips
Garlock
MW Industries
Market Segment by Type, covers
External Retaining Rings
Internal Retaining Rings
Market Segment by Applications, can be divided into
Automotive
Consumer Products
Energy
Industrial
Others
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Related Information:
North America Retaining Rings Market Growth 2019-2024
United States Retaining Rings Market Growth 2019-2024
Asia-Pacific Retaining Rings Market Growth 2019-2024
Europe Retaining Rings Market Growth 2019-2024
EMEA Retaining Rings Market Growth 2019-2024
Global Retaining Rings Market Growth 2019-2024
China Retaining Rings Market Growth 2019-2024
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