According to the latest report by IMARC Group, titled “Blind Bolts Market: Global Industry, Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the global blind bolts market reached a value of US$ 4.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.5 Billion by 2028, exhibiting a growth rate (CAGR) of 5% during 2023-2028.

Blind bolts are a type of fastener designed to deliver more strength and longer performance than a weld or rivet. They consist of a steel pin, collar, and sleeve and are commonly available in heavy-duty and thin-walled variants. They are largely used in box sections, girder cavities, and containers as they offer superior strength, tamper resistance, adaptability, and enhanced stability under continuous vibrations. In industrial applications, they are employed in bridge construction, shipbuilding, and equipment manufacturing. Blind bolts are available in various sizes, strengths, and configurations and find extensive application across the construction, transportation, manufacturing, automotive, and aerospace industries.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report

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Global Blind Bolts Market Trends: 

The rising product application in the automotive industry to assemble the structural parts of an automobile, such as the chassis, seat structure, and door hinges, represents one of the key factors bolstering the market growth. Furthermore, in the aerospace industry, blind bolts are extensively used to manufacture different aircraft components, including interiors, wings, and nacelles, requiring high structural strength, which is creating a positive outlook for the market. Besides this, the development of lightweight blind bolts made using titanium and rapid industrialization are other growth-inducing factors. Moreover, increasing investments by governments of various nations to modernize and upgrade the defense units and the increasing product application in the construction sector are providing an impetus to the market growth.

Global Blind Bolts Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the global blind bolts market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • Arconic Corporation
  • BMB Fasteners & Supply Inc.
  • Cherry Aerospace (Precision Castparts Corp.)
  • Elite Fasteners Inc.
  • Howmet Aerospace Inc.
  • Kwikbolt Ltd.
  • LISI Aerospace
  • Precision Castparts Corp. (Berkshire Hathaway Inc.)
  • Stanley Black & Decker Inc.
  • The Boeing Company
  • TriMas Corporation.

Key Market Segmentation:

The report has segmented the global blind bolts market on the basis of product, diameter, grade, application and region.

Breakup by Product:

  • Heavy Duty
  • Thin Wall

Breakup by Diameter:

  • M8
  • M10
  • M12
  • M16
  • Others

Breakup by Grade:

  • Grade 8.8
  • Grade 10.9
  • Grade 316

Breakup by Application:

  • Automotive
  • Aerospace
  • Machinery and Equipment
  • Construction
  • Others

Breakup by Region:

  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

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Key Highlights of the Report:                                                           

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Market Trends
  • Market Drivers and Success Factors
  • The Impact of COVID-19 on the Global Market
  • Value Chain Analysis
  • Structure of the Global Market
  • Comprehensive mapping of the competitive landscape

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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