Press release
Global Weld Nuts Market Research Report 2023
The global Weld Nuts market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.North American market for Weld Nuts is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Weld Nuts is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Weld Nuts include KD FASTENERS, Masterpiece Taiwan, STL Fasteners, American Bolt & Screw, Fasteners Inc., Helix Steel Products Corporation, ASM, J.I. Morris and National Bolt & Nut Corporation, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
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Key features and applications of the weld nuts market include:
Welding Process: Weld nuts are typically made of materials such as steel, stainless steel, or aluminum. They are designed with specific projections or pilot holes to facilitate the welding process. The nuts are positioned on the metal surface and then welded into place, providing a strong and permanent connection.
Automotive Industry: One of the major application areas for weld nuts is the automotive industry. They are commonly used in the fabrication of vehicles and various automotive components where secure fastening is essential.
Sheet Metal Fabrication: Weld nuts find extensive use in sheet metal fabrication and assembly, allowing for fast and reliable threaded connections without the need for additional hardware.
Construction and Industrial Equipment: Weld nuts are also used in the construction and industrial equipment sectors to create threaded attachment points on metal structures.
Aerospace and Defense: In aerospace and defense applications, weld nuts are utilized in critical assemblies where high strength and reliability are paramount.
Segment by Type
Steel
Aluminum
Segment by Application
Residential
Commercial
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America (United States, Canada)
Europe (Germany, France, UK, Italy, Russia)
Asia-Pacific (China, Japan, South Korea, Taiwan)
Southeast Asia (India)
Latin America (Mexico, Brazil)
By Company KD FASTENERS, Masterpiece Taiwan, STL Fasteners, American Bolt & Screw, Fasteners Inc., Helix Steel Products Corporation, ASM, J.I. Morris, National Bolt & Nut Corporation, Fuji Fastener, Leland Industries, Asia Bolts Industries, Viraj, PCC Fasteners, Buckeye Fasteners Company, Schmeck Verbindungstechnik GmbH
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