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Hex Bolts Market

Hex Bolts Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2027

Hex Bolts Market - Introduction

Hex bolts are also known as hexagon screw head bolts or hex cap bolts. They have hexagonal heads and machine threads for use with a nut or in a pre-drilled hole. These bolts are widely used in the machinery and construction industry. Hex bolts are available in different sizes and lengths, and can used as per the applications.

Hex Bolts Market - Competitive Landscape

Acument Global Technologies Inc.

Acument Global Technologies Inc. was founded in 1995 at Sterling Heights, Michigan, the U.S. The company was established as Textron Fastening Systems, Inc. and changed its name to Acument Global Technologies Inc. in November 2006. It provides various products such as externally threaded (critical fasteners, machine screws, screw and washer assembly, thread forming/thread rolling), internally threaded (nuts and inserts), engineered special, and Torx/Torx Plus. The company provides its products to the following industries: automotive, industrial, aerospace, and building & construction. Acument Global Technologies Inc. offers various products and solutions under brands such as Camrail, Delta PT, Duro-PT, Fastite 2000, LE USA, Mag-Form, MaggCert, MagnaSea, Plastite, PlasTORX, Remform, Strux, Taptite, TECHNICLEAN, TORX/ TORX PLUS, and Z-Form.


In 1777, Frédéric JAPY sets up a watch movement factory in Beaucourt, France. The company has 48 industrial locations in 13 worldwide locations with 12,131 employees. The company operates through three business segments: aerospace (fasteners, structure assembly & components, equipment components, engine components, and defense & space), automotive (clipped solutions, threaded fasteners, and safety mechanical components) and medical.

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Gem-Year Industrial Co., Ltd

Gem-Year Industrial Co., Ltd. was founded and headquartered in China in 1995. The company provides fasteners and hardware tools. Under fasteners, the company sells bolts, nuts, screws, fully threaded studs, and washers. Under hardware tools, it sells air tools, auto repair tools, cutting tools, electronic tools, hex keys, hydraulic & lifting, master tool sets, measuring tools, other hand tools, pliers, safety & security, sockets and ratchets, screwdriver bits, striking tools and tools storage

Key players operating in the global hex bolts market include Big Bolt Nut, Canco Fasteners, Dokka Fasteners Inc., MW Industries, Inc., The Heico Companies, LLC, Nucor Fastener, Oglaend System Group, Hilti Corporation, Penn Engineering & Manufacturing Corp, Shanghai Jianxin Hardware Co.,Ltd., TR Fastenings Limited, Vikrant Fasteners, and NingBo XinXing Fasteners Manufacture Co., Ltd.

Hex Bolts Market – Dynamics

Growth in Automotive Industry

The global automotive industry is expected to expand significantly during the forecast period owing to the increase in manufacture of automobiles. Automakers are constantly developing drive-trains and more efficient engines to reduce fuel consumption. They are also employing the emission-control technology to produce cleaner automobiles. Furthermore, various countries across the globe are enacting stricter emission norms on new vehicle model production prompted by global initiatives such as Paris Agreement. Automakers are also expanding their business into the electric mobility sector; Germany is projected to lead the domain with electric car production expected to reach around 1.3 million units by 2021.

Expansion in Construction Industry

According to the Consensus forecast, the residential sector witnessed enormous growth of 8%, while non-residential is expected to grow with 4% and the non-building sector is projected to decrease by 2% in 2016. Furthermore, the renewable energy sector is projected to expand in the near future. The various government is also taking initiatives to make renewable energy almost 20% of the country’s energy mix by 2020. The state and federal government of the U.S. are proactively taking initiatives to implement the renewable energy sources owing to the climate change issues, thereby offering lucrative opportunities to the construction sector. Additionally, according to the Global Construction Report 2030, India, China and the U.S. are three major countries are expected to contribute up to 57% of the global growth of the construction industry.

Rise in Disposable Income

The per capita disposable income exhibits low volatility in developed countries due to the spike in double-income households. Led by an increase in per capita disposable income, the purchasing power of consumers has increased over a period of time.

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Hex Bolts Market – Segmentation

The hex bolts market can be segmented based on:

  • Product Type
  • Material
  • Application
  • Distribution Channel
  • Region

Hex Bolts Market Segmentation – By Product Type

Based on product type, the hex bolts market can be divided into:

  • Hex Head Bolt
  • Flanged Hex Head Bolt
  • Vibration-resistant Hex Head Bolt
  • Sealing Hex Head Bolt
  • Others (tension-indicating hex head screws, extra-wide hex head screws, hex head screws with flat washer, etc.)

Hex Bolts Market Segmentation – By Material

Based on material, the hex bolts market can be segregated into:

  • Stainless Steel Bolts
  • Carbon Steel Bolts
  • Alloy Steel Bolts
  • Others

Hex Bolts Market Segmentation – By Application

Depending on the application, the hex bolts market can be classified into:

  • Automotive Industry
  • Machinery Industry
  • Construction Industry
  • MRO
  • Others

Hex Bolts Market Segmentation – By Distribution Channel

Based on distribution channel, the hex bolts market can be bifurcated into:

  • Online
  • Offline

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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