PUBLISHER: Grand View Research | PRODUCT CODE: 1405972
PUBLISHER: Grand View Research | PRODUCT CODE: 1405972
Construction Bolts Market Size, Share & Trends Analysis Report By Application (Residential, Non-Residential), By Region (North America, Europe, APAC, CSA, MEA), And Segment Forecasts, 2024 - 2030
Construction Bolts Market Growth & Trends:
The global construction bolts market size is expected to reach USD 9.65 billion by 2030, anticipated to grow at a CAGR of 5.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growth in building & construction activities, driven by urbanization, population growth, as well as infrastructure development, contributes significantly to increasing demand for construction bolts. As more buildings, bridges, and infrastructure projects are undertaken globally, the need for reliable and durable fastening solutions, such as bolts, continues to grow.
Increased construction & infrastructural development activity in developing countries such as Mexico, India, China, Brazil, and Indonesia due to growing demand for affordable housing projects is expected to propel the use of bolts in new construction as well as renovation activities. However, high labor costs in developed countries in Europe and North America are expected to negatively influence the building & construction industry in those regions, which in turn, may result in slow growth of the global market over the forecast period.
The building & construction sector in the Middle East & Africa region is expected to observe a rebound growth in the coming years owing to numerous aspects such as increasing government investments, expansion of oil production, along with improved weather conditions. The new government policies in South Africa to invest more in infrastructure sector are likely to boost the growth of construction sector in this country over the coming years. In addition, government building projects in Nigeria, Ethiopia, and Uganda are expected to boost the growth of the construction industry, thus enabling the demand for fasteners such as bolts.
The construction bolts industry is extremely competitive with significant influence from local and international market trends. Fluctuating raw material prices often lead to variations in bolts prices, thus affecting companies operating across the value chain. The pricing heavily depends on the aggregate volume of raw materials produced and minimum lot sizes. Factors such as availability of raw materials and government policies for steel production majorly influence raw material prices.
Companies engaged in bolt manufacturing require high capital investment owing to high production volumes and stringent specifications on testing and labeling. Moreover, companies are investing significantly in research and development (R&D) activities for manufacturing bolts, thus resulting in highly competitive and dynamic market conditions.
In recent times, companies have been significantly investing in product innovation activities to enhance their product portfolio, gain access to various markets, and expand their market presence. As a result, companies have increased their presence in the market by integrating across the value chain and diversifying their product portfolio with the introduction of superior-grade products.
Construction Bolts Market Report Highlights:
- This market is expected to grow as construction companies are increasingly adopting advanced fastening technologies to improve project timelines and ensure long-term performance of building structures
- Based on application, the market has been segmented into residential and non-residential segments. Non-residential application segment dominated the market with a major revenue share of 74.7% in 2023 and is forecasted to grow at a CAGR of 5.6% from 2024 to 2030. Non-residential structures are subject to stringent building codes and safety standards. The use of approved fasteners, including bolts, is essential for compliance with these regulations
- Asia Pacific dominated the market with a revenue share of 34.5% in 2023, followed by Europe and North America. This dominance of Asia Pacific in the market is anticipated to continue over the forecast period as well. Majority of the countries in the region, including India, China, South Korea, and Indonesia are contributing considerably to an expansion of the construction and infrastructural development industry and thus boosting market demand for bolts
- Rising government initiatives and increasing foreign investments for developing the construction sector, in developing countries such as India, Indonesia, Malaysia, Vietnam, Brazil, and South Africa, are expected to drive the market growth over the forecast period
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources
- 1.3.4. Third-Party Perspectives
- 1.3.5. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation and Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
Chapter 3. Construction Bolts Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Value Chain Analysis
- 3.3. Regulatory Framework
- 3.4. Technology Overview
- 3.5. Market Dynamics
- 3.5.1. Market driver analysis
- 3.5.2. Market restraint analysis
- 3.5.3. Industry opportunity
- 3.5.4. Industry challenges
- 3.6. Business Environment Analysis
- 3.6.1. Porter's Analysis
- 3.6.1.1. Supplier Power
- 3.6.1.2. Buyer Power
- 3.6.1.3. Substitution Threat
- 3.6.1.4. Threat from New Entrant
- 3.6.1.5. Competitive Rivalry
- 3.6.2. PESTEL Analysis, by SWOT
- 3.6.2.1. Political Landscape
- 3.6.2.2. Environmental Landscape
- 3.6.2.3. Social Landscape
- 3.6.2.4. Technology Landscape
- 3.6.2.5. Economic Landscape
- 3.6.2.6. Legal Landscape
- 3.6.1. Porter's Analysis
- 3.7. Market Disruption Analysis
Chapter 4. Construction Bolts Market: Application Estimates & Trend Analysis
- 4.1. Application Takeaways
- 4.2. Application Market Share Analysis, 2023 - 2030
- 4.3. Construction Bolts Market Estimates & Forecast, By Application 2018 - 2030 (USD Million)
- 4.3.1. Residential
- 4.3.2. Non-Residential
Chapter 5. Construction Bolt Market: Regional Estimates & Trend Analysis
- 5.1. Key Takeaways
- 5.2. Regional Market Share Analysis, 2023-2030
- 5.3. North America
- 5.3.1. North America construction bolt market estimates & forecasts, 2018 - 2030 (USD Million)
- 5.3.2. U.S
- 5.3.2.1. U.S. construction bolt market estimates & forecasts, 2018 - 2030 (USD Million)
- 5.3.3. Canada
- 5.3.3.1. Canada construction bolt market estimates & forecasts, 2018 - 2030 (USD Million)
- 5.3.4. Mexico
- 5.3.4.1. Mexico construction bolt market estimates & forecasts, 2018 - 2030 (USD Million)
- 5.4. Europe
- 5.4.1. Europe construction bolt market estimates & forecasts, 2018 - 2030 (USD Million)
- 5.4.2. Germany
- 5.4.2.1. Germany construction bolt market estimates & forecasts, 2018 - 2030 (USD Million)
- 5.4.3. France
- 5.4.3.1. France construction bolt market estimates & forecasts, 2018 - 2030 (USD Million)
- 5.4.4. Italy
- 5.4.4.1. Italy construction bolt market estimates & forecasts, 2018 - 2030 (USD Million)
- 5.4.5. UK
- 5.4.5.1. UK construction bolt market estimates & forecasts, 2018 - 2030 (USD Million)
- 5.5. Asia Pacific
- 5.5.1. Asia Pacific construction bolt market estimates & forecasts, 2018 - 2030 (USD Million)
- 5.5.2. China
- 5.5.2.1. China construction bolt market estimates & forecasts, 2018 - 2030 (USD Million)
- 5.5.3. India
- 5.5.3.1. India construction bolt market estimates & forecasts, 2018 - 2030 (USD Million)
- 5.5.4. Japan
- 5.5.4.1. Japan construction bolt market estimates & forecasts, 2018 - 2030 (USD Million)
- 5.5.5. South Korea
- 5.5.5.1. South Korea construction bolt market estimates & forecasts, 2018 - 2030 (USD Million)
- 5.6. Middle East & Africa
- 5.6.1. Middle East & Africa construction bolt market estimates & forecasts, 2018 - 2030 (USD Million)
- 5.7. Central & South America
- 5.7.1. Central & South America construction bolt market estimates & forecasts, 2018 - 2030 (USD Million)
- 5.7.2. Brazil
- 5.7.2.1. Brazil construction bolt market estimates & forecasts, 2018 - 2030 (USD Million)
Chapter 6. Supplier Intelligence
- 6.1. Kraljic Matrix
- 6.2. Engagement Model
- 6.3. Negotiation Strategies
- 6.4. Sourcing Best Practices
- 6.5. Vendor Selection Criteria
- 6.6. List of Raw Material Suppliers
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Competition Categorization
- 7.3. Company Market Positioning
- 7.4. Company Heat Map Analysis, 2023
- 7.5. Strategy Mapping
- 7.6. Company Listing
- 7.6.1. Fabory, Fastenal Company
- 7.6.1.1. Company Overview
- 7.6.1.2. Financial Performance
- 7.6.1.3. Product Benchmarking
- 7.6.1.4. Strategic Initiatives
- 7.6.2. REYHER
- 7.6.3. KD FASTENERS, INC.
- 7.6.4. AALL AMERICAN Fasteners
- 7.6.5. Acument Intellectual Properties, LLC
- 7.6.6. Haydon Bolts
- 7.6.7. Caliber Enterprise.
- 7.6.8. Ningbo Yi Pian Hong Fastener Co., Ltd.
- 7.6.9. Bhansali Fasteners
- 7.6.10. Baseline Bolts Industries LLC
- 7.6.1. Fabory, Fastenal Company
List of Tables
- Table 1 Construction Bolts Market Estimates & Forecast, By Application, 2018 - 2030 (USD Million)
- Table 2 Recent Developments & Impact Analysis, By Key Market Participants
- Table 3 Company Heat Map Analysis, 2022
List of Figures
- Fig. 1 Market Segmentation
- Fig. 2 Information Procurement
- Fig. 3 Data Analysis Models
- Fig. 4 Market Formulation and Validation
- Fig. 5 Data Validating & Publishing
- Fig. 6 Market Outlook
- Fig. 7 Segmental Outlook
- Fig. 8 Competitive Outlook
Fig. 9 Market Lineage Outlook (USD Million)
- Fig. 10 Market - Value Chain Analysis
- Fig. 11 Market driver impact analysis
- Fig. 12 Market restraints impact analysis
- Fig. 13 Industry Analysis: Porter's
- Fig. 14 PESTEL Analysis, By SWOT
- Fig. 15 Application: Key Takeaways
- Fig. 16 Application: Market Share, 2023 & 2030
- Fig. 17 Region, 2023 & 2030 (USD Million)
- Fig. 18 Regional Marketplace: Key Takeaways
- Fig. 19 Regional Marketplace: Key Takeaways
- Fig. 20 North America construction bolts market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 21 U.S. construction bolts market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 22 Canada construction bolts market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 23 Mexico construction bolts market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 24 Europe construction bolts market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 25 Germany construction bolts market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 26 UK construction bolts market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 27 Italy construction bolts market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 28 France construction bolts market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 29 Asia Pacific construction bolts market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 30 China construction bolts market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 31 India construction bolts market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 32 Japan construction bolts market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 33 South Korea construction bolts market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 34 Central & South America construction bolts market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 35 Brazil construction bolts market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 36 Middle East & Africa construction bolts market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 37 Kraljic Matrix
- Fig. 38 Engagement Model
- Fig. 39 Sourcing Best Practices
- Fig. 40 Vendor Selection Criteria
- Fig. 41 Competition Categorization
- Fig. 42 Company Market Positioning
- Fig. 43 Strategy Mapping
