Press release
Bolts Global Market 2025: Insights on Market Size, CAGR, Key Drivers and Trends
Bolts Market Growth
Projecting Steady Growth and Innovative Trends in the Global Bolts Market by 2025
What Is The Projected Market Size Of The Global Bolts Market And Its Growth Rate?
The global bolts market size has been on a steady rise and is projected to experience significant growth:
•The market size grew from $48.03 billion in 2024 to $50.12 billion in 2025, at a compound annual growth rate (CAGR) of 4.4%.
•The growth in the historic period was credited to construction and infrastructure development, manufacturing and industrial expansion, and automotive production growth.
•The bolts market size is further expected to surge to $62.91 billion in 2029, growing at a compound annual growth rate (CAGR) of 5.8%.
•Expected growth in the forecast period can be attributed to global urbanization trends, renewable energy projects, electric vehicle (EV) manufacturing, and infrastructure resilience and upgradation, among others.
What Is Driving The Growth In The Bolts Market?
The surge in construction activities globally is a key driver for the bolts market. Construction bolts, such as structural bolts and anchor bolts, cater to a wide range of applications in the construction sector. According to recent statistical reports, construction spending in the United States surged from $1.54 trillion in November 2020 to $1.84 trillion in November 2022, showing a 16.3% increase. With housing starts expected to reach 1,470 thousand units by the end of the current quarter, the rise in construction activities is set to propel the bolts market growth.
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Who Are the Key Players Driving Bolts Market Growth?
Prominent players in the bolts market include:
• Nippon Steel
• Arconic Corporation
• KAMAX Holding GmbH & Co. KG.
• Acument Intellectual Properties LLC
• Keller & Kalmbach GmbH
• Reyher Nchfg. GmbH & Co KG.
• Fabory Group
• Fastenal Company
• US Bolt Manufacturing Inc.
• Easylink Industrial Co. Ltd.
What Are The Key Trends In The Bolts Market?
Notable trends in the bolts market include:
• Adoption of Industry 4.0 in manufacturing
• Rising eco-friendly bolting solutions
• Increasing focus on bolt testing and certification
• Globalization and supply chain resilience
What Are The Segments Of The Global Bolts Market?
The global bolts market segments are as follows:
• By Type: Half Screw Bolt, Full Screw Bolt
• By Material: Metal, Plastic, Other Materials
• By Grade: Grade 5.8, Grade 8.8, Grade 10.9, Grade 12.9
• By End-User: Automotive, Aerospace, Construction, Industry Machinery
Which Region Leads The Bolts Market?
Asia-Pacific was the largest region in the bolts market in 2024 and is expected to continue as the fastest-growing region in the forecast period, covering regions such as Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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What Is Covered In The Bolts Global Market Report?
- Market Size Analysis: Analyze the Bolts Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Bolts Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Bolts Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Bolts Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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