Bolt market

bolt market

What is the market size of the bolts market?

The global bolts market size was valued at USD 39.5 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 4.3% from 2020 to 2028.

Which region is the largest consumer of bolts in the world?

In 2020, Asia Pacific was the largest consumer of bolts globally and the region accounted for 32. 9% of the total market share, in terms of revenue. The regional market is expected to witness notable growth over the forecast period.

What is the forecast period of the bolts market research report?

The construction application segment is expected to grow at a CAGR of 5.0%, in terms of revenue from 2020 to 2028. The expediting growth of the construction industry on account of rising investments in residential and commercial constructions across the globe is expected to drive the bolts market over the forecast period.

Is bolt (bolt) down in real-time?

We update our BOLT to USD price in real-time. BOLT is down 0.82% in the last 24 hours. The current CoinMarketCap ranking is #1312, with a live market cap of $4,174,539 USD.

What is the forecast period of the bolts market research report?

The construction application segment is expected to grow at a CAGR of 5.0%, in terms of revenue from 2020 to 2028. The expediting growth of the construction industry on account of rising investments in residential and commercial constructions across the globe is expected to drive the bolts market over the forecast period.

Which region is the largest consumer of bolts in the world?

In 2020, Asia Pacific was the largest consumer of bolts globally and the region accounted for 32. 9% of the total market share, in terms of revenue. The regional market is expected to witness notable growth over the forecast period.

What is the future of the bolts market?

The growing construction industry is projected to drive the demand for construction equipment for material handling, excavation, drilling, paving, grading, and lifting. Furthermore, growing urbanization along with the development of smart cities & townships in emerging economies is expected to favorably impact bolts market growth.

What are the factors affecting the market for bolts?

Also, bolts are used and sold as standard products with limited differentiation, which results in higher competition in the market. Consequently, the product price is one of the key factors influencing the choice of suppliers for consumers. Some of the prominent players in the bolts market include:

What is the market size of the bolts market?

The global bolts market size was valued at USD 39.5 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 4.3% from 2020 to 2028.

Which region is the largest consumer of bolts in the world?

In 2020, Asia Pacific was the largest consumer of bolts globally and the region accounted for 32. 9% of the total market share, in terms of revenue. The regional market is expected to witness notable growth over the forecast period.

What is the forecast period of Gr 88 bolts?

GR 8.8 segment is expected to progress at a CAGR of 4.8% from 2020 to 2028, in terms of revenue, owing to extensive product use in railway track construction. An increasing number of metro rail projects across economies such as India is anticipated to positively impact the demand for GR 8.8 bolts over the forecast period.

Which region was the second largest market for bolts in 2020?

Europe was the second-largest regional market for bolts in 2020 with the high-volume production of vehicles, home appliances, and industrial & gardening machinery. Investment in the aerospace & defense sector is projected to influence the demand for aerospace-grade bolts.

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