Rivet Washer Market - Introduction
A rivet is a mechanical fastener comprising a smooth cylindrical shaft with a head. The end of the shaft expands, creating a shop head and fastening objects in place upon installation. Rivets are ideal for supporting tensile and shear loads, as well as watertight applications. There are various types of rivets: solid rivets, blind rivets, drive rivets, tubular rivets, shoulder rivets, split rivets, mate rivets, tinners rivets, belt rivets etc. Each type of rivet has unique benefits, making each ideal for a different type of fastening. Rivets are also available in different sizes, materials, and finishes, as needed.
Rivet washers are useful tools to prevent damage to the surface of the object being fastened. There are two main types of rivet washers: metal rivet washer and rubber rivet washer. The neoprene (rubber) washer sits below the hat to seal a hole and the metal ones sit below the hat which increases the pull-through pressure and resistance distribution of a rivet. A rivet washer is an important fastening tool, specially designed to perform unique functions such as effective distribution and maintaining clamp load and preventing rivet movement or corrosion. Further, a rivet washer ensures a reliable joint load.
Rivet Washer Market – Competitive Landscape
Stanley Engineered Fastening
Incorporated in 1919, Stanley Engineered Fastening is based in Connecticut, U.S. The company provides fastening and assembly solutions. The company sells its products under various brands: Avdel, Integra, Nelson, Optia, POP, STANLEY Assembly Technologies, and Tucker.
JINHAP co, Ltd
JINHAP co, Ltd has experience of over 41 years in the field of automobile fastening technology and precision forged products. The company offers a broad array of products such as greentech fasteners, power train bolts, precision forged products, washers, sleeves, etc. The company has two manufacturing units based in China and one manufacturing unit based in U.S.
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Founded in 1973, Trifast plc is a manufacturers, designer, and distributor of industrial fasteners. The company operates in Asia and Europe, and the U.S and its manufacturing plants are in Asia and Italy. The copany offers washers, circlips, screws and bolts, rings, nuts, seals, security fasteners, spacers, pins and keys, tooling and driver bits, pillars, and fasteners for sheet metal and plastic, as well as enclosure, plastic, and other hardware products.
RBM Industries is based in Haryana, India. The company is a manufacturer of bolts, scriews, nuts, rivets, studs, pins, washers and other special components. The company manufactures ferrous (carbon steel, alloy steel, and stainless steel) and Non Ferrous (aluminum, brass, copper, phosphorous, and silicon bronze) fasteners.
Founded in 1972, Willie Washer is based in Illinois, U.S. Its product portfolio includes special washers, stampings, and machined parts. The company has over 100 employees operating in a 230,000 square foot facility.
Some of the key players operating in the global rivet washer market with significant developments include Stephens Fastening Solutions, Ching Yun Enterprise Co., Ltd., Wilhelm Böllhoff GmbH & Co. KG, and Meeta Forge.
Rivet Washer Market – Dynamics
Rapid expansion of the industrial manufacturing sector is driving demand for rivet washers
Rapid expansion of the industrial manufacturing sector and shifting manufacturing trends toward manufacturing innovative products, such as miniature, specialty, and hybrid fasteners to meet the altering consumer demand are key factors driving the global rivet washer market. Increasing industrialization and mechanization worldwide, demand numerous equipment and machinery, which is anticipated to boost growth over the forecast period. Moreover, increasing demand for rivet washers from automotive, electrical, electronics, aerospace, and construction industry is anticipated to drive the market growth
Asia Pacific Expected to Remain a Forerunner in the Demand for Rivet Washers
The market in Asia Pacific is expected to witness significant growth during the forecast period. Growth of the market in the region can be attributed to increasing investments in the manufacturing industry. Industrial manufacturing sectors in China, Japan, India, and countries in Southeast Asia have observed substantial growth in the last few years and the trend is expected to continue in the near future.
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Rivet Washer Market – Segmentation
The rivet washer market can be bifurcated on the basis of:
Rivet Washer Market Segmentation – By Type
Based on type, the rivet washer market can be divided into:
- Closed End Pop Rivets (Sealed)
- Pop Rivets (Open End)
- Large Flange Pop Rivets
- Colored Rivets
- Tri-Fold Rivets
- Multi-Grip Rivets
- Countersunk Pop Rivets
- Structural Rivets
Rivet Washer Market Segmentation – By Diameter
On the basis of the diameter, the rivet washer market can be fragmented into:
Rivet Washer Market Segmentation – By Shape
On the basis of the shape, the rivet washer market can be fragmented into:
- Round Rivet Washer
- Square Rivet Washer
Rivet Washer Market Segmentation – By material
On the basis of the material, the rivet washer market can be fragmented into:
- Stainless Steel
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