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Weld Studs Market Global Forecast Over 2019 - 2027

02-06-2020 01:17 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research

Weld stud is a type of fastener formed into a shape of a nut and then weld onto another part of the metal. Various types of weld studs such as threaded, unthreaded, internally threaded, and coarse threaded are available in the market. These studs are made up of hard metals, which have longer durability and are non-corrosive. These studs are made up of steel, stainless steel, and aluminum. These studs are made from the cold forming process due to cost effectiveness of the method.

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Due to increase in catering and food processing industries demand for weld studs has grown in the past years. Weld studs are increasingly used in counters, tabletops, refrigeration units, and electrical items. This is expected to drive the market during the forecast period. Weld studs are employed in decorative and consumer items due to its invisible nature and gives finish design such as badges, home ware, cookware, jewelry, etc. to give neat and attractive look.

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Weld Studs Market - Competitive Landscape

STANLEY Engineered Fastening

STANLEY Engineered Fastening is a division of Stanley Black and Decker, which provides fastening and assembly solutions. The company offers various brands such as Avdel, Integra, Nelson, Optia, POP, STANLEYฎ Assembly Technologies, and Tucker. It has presence in 68 countries with 32 manufacturing plants. The company offers products and solutions for various industries such as aerospace, general manufacturing, nuclear energy, appliances, ground transportation, oil & gas, automotive aftermarket, HVAC & sheet metal, power generation, automotive & light truck, lawn & garden, recreational products, commercial lighting, medical equipment, renewable energy, construction & infrastructure, military & defense, shipbuilding, electronics & telecom, and mining & agriculture.

HBS Bolzenschweiss-Systeme GmbH & Co. KG

Founded in 1975, HBS Bolzenschweiss-Systeme GmbH & Co. KG is headquartered at Dachau, Bayern, Germany. The company provides four types of services: automation, repair and service, training, and rent service. It offers products such as welding units, welding guns, accessories, and welding elements. Under welding element business segment company sells weld studs.

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Key players operating in the global weld studs market include Nelson Stud Welding, HBS Stud Welding, Tru-Weld Stud Welding, Heinz Soyer GmbH, Cox Industries, Brisbane Industrial Agencies, K๖ster & Co. GmbH, Taylor Studwelding Systems Ltd., Nippon Stud Welding Co. Ltd., Stud Welding Products Inc., and Sunbelt Stud Welding Inc.

Weld Studs Market - Dynamics

Growth in Automotive Industry

Demand for new vehicles has been rising in developing countries due to the increase in population. Due to trend for cabs and rented car, the sale of automotive has increased and grown the demand for weld studs. Companies are focusing on manufacturing sustainable cars owing to the introduction of various norms and regulations for automotive companies.

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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

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