Press release
Lock Washer Market Report Offers Growth Prospects at a CAGR of 8.2% By 2025
Lock Washer Market
Lock washers are mostly made up of metal. Steel is the most commonly used in the production of washers. Steel washers include carbon steel, spring steel, and stainless steel. Other metals in which washers are available include copper, brass, aluminum, titanium, bronze, zinc, and iron. Split and tooth lock washers are the two most popular lock washer types. Split washers look like a ring with uneven ends.
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The benefit of split lock washers lies in the spring-like shape of the washer. When compressed to loads near the proof strength of the bolt, it will twist and flatten. There are different types of tooth lock washers such as internal, external, internal-external, and countersunk external. These washers create a tooth action by biting into the nut or screw head and the surface it contacts.
The global lock washer market is valued at $673.7 million in 2017, and is expected to reach $1,251.5 million by 2025, growing at a CAGR of 8.2% from 2018 to 2025
Top Key Players:
Top Leading Companies: Nord-Lock, Schnorr, Wrought Washer Manufacturing, Earnest Machine, HEICO-LOCK (HWICO Group), Shakeproof, Disc-Lock, Titan Fasteners, Hangzhou spring washer co., ltd, Midwest Acorn Nut Co.
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Key Lock Washer Market Segments:
By Product Type -
Split
Tooth
Others
BY Application -
Automotive
Aerospace
Machinery & Equipment
Construction
Others
Table of Contents:
Chapter 1 : INTRODUCTION
Chapter 2 : EXECUTIVE SUMMARY
Chapter 3 : MARKET LANDSCAPE
Chapter 4 : LOCK WASHER MARKET BY PRODUCT
Chapter 5 : LOCK WASHER MARKET BY
APPLICATION
Chapter 6 : LOCK WASHER MARKET BY REGION
Chapter 7 : COMPANY PROFILES
LIST OF TABLES
LIST OF FIGURES
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