Steel structure bolts are fasteners used to connect steel components, usually made of high-strength steel materials. They play an important role in connecting buildings, bridges, machinery and other engineering. Steel structure bolts have the characteristics of high strength and corrosion resistance.
This report mainly studies the global and Chinese markets.
2.1 Growth in infrastructure construction
With the economic recovery and accelerated urbanization, the demand for high-strength and durable connectors in the construction industry continues to rise. Especially in the fields of transportation, construction and energy, the demand for steel structure bolts has been driven.
2.2 Technological progress in high-strength materials
The development of new materials and advanced manufacturing technologies has enabled the production of higher-performance steel structure bolts to meet the requirements of various complex structures.
2.3 Sustainable construction and environmental awareness
The increase in demand for sustainable materials in the global market construction industry has promoted the use of bolts made of environmentally friendly and recyclable materials.
2.4 Intelligent manufacturing and automation:
The development of automated production technology has improved production efficiency and precision, and promoted the market supply capacity of bolts. The development of emerging markets and the increase in international trade have led to a continuous growth in the demand for steel structure bolts worldwide.
2.5 Improvement of safety standards and specifications
The emphasis on building safety and quality has led to an increase in demand for steel structure bolts that meet high standards.
According to the new market research report "Steel Structure Bolts- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030", published by QYResearch, the global Steel Structure Bolts market size is projected to grow from USD 38,401.3 million in 2023 to 50,296.3 million by 2030, at a CAGR of 4.6% during the forecast period.
Source: QYResearch, "Steel Structure Bolts- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
Source: QYResearch, "Steel Structure Bolts- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
This report profiles key players of Steel Structure Bolts such as Fontana Gruppo, KAMAX, Wurth Group, LISI Group, Stanley. In 2023, the global top five Steel Structure Bolts players account for 41.7% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Steel Structure Bolts.
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