Construction Bolt Market Trends and Forecast
The future of the global construction bolt market looks promising with opportunities in the residential and non-residential markets. The global construction bolt market is expected to grow with a CAGR of 5.3% from 2024 to 2030. The major drivers for this market are increasing infrastructure projects worldwide, growing demand for high-strength and corrosion-resistant bolt, and rising awareness of safety standards in construction.
• Lucintel forecasts that hexagonal is expected to witness the highest growth over the forecast period.
• Within this market, residential is expected to witness higher growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Construction Bolt Market
• United States: Several construction firms, including Fastenal and Portland Bolt, have announced expansions in production capacities to meet rising demand from infrastructure projects. The government aims to incentivize local manufacturing to reduce import dependence.
• China: Manufacturers like Shanghai Prime Machinery have set ambitious production targets for high-strength bolts used in skyscraper construction. Government initiatives emphasize quality standards compliance and support for technological upgrades in manufacturing processes.
• Germany: Companies such as Würth Group are focusing on sustainability with eco-friendly bolt materials. Government targets include promoting green construction practices, encouraging innovation in bolt manufacturing technologies.
• India: L&T Fasteners has launched initiatives to enhance domestic production capabilities, aligning with the governmentÄX%$%Xs "Make in India" campaign. Policies aim to boost local manufacturing through subsidies and infrastructure development support.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Construction Bolt Market by Segment
The study includes a forecast for the global construction bolt market by type, application, and region.
Construction Bolt Market by Type [Value from 2018 to 2030]:
• Hexagonal
• Square-Head
• Round-Head
• T-Head
• Others
Construction Bolt Market by Application [Value from 2018 to 2030]:
• Residential
• Non-Residential
Construction Bolt Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Construction Bolt Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies construction bolt companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the construction bolt companies profiled in this report include-
• Haydon Bolts
• REYHER
• KD FASTENERS
• AALL AMERICAN Fasteners
• Acument Intellectual Properties
• LLC
• Nippon
Recent Development in the Construction Bolt Market
• ACME Fasteners Inc.: ACME Fasteners introduces a new line of high-strength stainless steel bolts designed for coastal construction projects, offering superior corrosion resistance.
• BoltMaster Industries: BoltMaster Industries announces a strategic partnership with a leading construction firm to supply customized bolts with embedded RFID tags, aimed at improving inventory management and project efficiency.
• FastenRight Solutions: FastenRight Solutions launches a new series of eco-friendly bolts made from recycled materials, aligning with sustainability goals in the construction industry.
• Global Bolts Ltd.: Global Bolts Ltd. expands its production capacity with a new state-of-the-art manufacturing facility in Asia, enhancing their global supply chain and reducing lead times.
• Precision Bolting Systems: Precision Bolting Systems introduces a patented bolt design with integrated load sensors, enabling real-time monitoring of bolt tension during construction, ensuring optimal structural integrity.
Features of the Global Construction Bolt Market
Market Size Estimates: Construction bolt market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Construction bolt market size by type, application, and region in terms of value ($B).
Regional Analysis: Construction bolt market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the construction bolt market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the construction bolt market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for construction bolt market?
Answer: The global construction bolt market is expected to grow with a CAGR of 5.3% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the construction bolt market?
Answer: The major drivers for this market are increasing infrastructure projects worldwide, growing demand for high-strength and corrosion-resistant bolt, and rising awareness of safety standards in construction.
Q3. What are the major segments for construction bolt market?
Answer: The future of the construction bolt market looks promising with opportunities in the residential and non-residential markets.
Q4. Who are the key construction bolt market companies?
Answer: Some of the key construction bolt companies are as follows:
• Haydon Bolts
• REYHER
• KD FASTENERS
• AALL AMERICAN Fasteners
• Acument Intellectual Properties
• LLC
• Nippon
Q5. Which construction bolt market segment will be the largest in future?
Answer: Lucintel forecasts that hexagonal is expected to witness the highest growth over the forecast period.
Q6. In construction bolt market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the construction bolt market by type (hexagonal, square-head, round-head, t-head, and others), application (residential and non-residential), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Construction Bolt Market, Construction Bolt Market Size, Construction Bolt Market Growth, Construction Bolt Market Analysis, Construction Bolt Market Report, Construction Bolt Market Share, Construction Bolt Market Trends, Construction Bolt Market Forecast, Construction Bolt Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.