Market Overview:

The global blind bolts market size reached 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 structural fasteners utilized in pre-drilled holes to enhance the strength of a rivet or weld. They are manufactured using various materials, such as zinc-plated carbon steel collars, alloy steel stem and black oxide sleeves, and are commonly available in thin-walled and heavy-duty variants. Blind bolts are widely used in girder cavities, box sections and containers, and for industrial applications, such as shipbuilding, bridge construction and manufacturing of equipment. They offer superior strength, adaptability, tamper resistance and enhanced stability under continuous vibrations. Blind bolts are available in a wide variety of strengths, sizes and configurations and find extensive application across various industries, such as construction, manufacturing, transportation, automotive and aerospace.

Blind Bolts Market Trends:

Significant growth in the aerospace industry across the globe is creating a positive outlook for the market. Blind bolts are widely used in the manufacturing of aircraft components, such as wings, nacelles, and interiors, that require high structural strength. Additionally, the increasing product utilization in the construction industry is favoring the market growth. They are widely used to stabilize steel girders and create structures, such as bridges and buildings. Moreover, various product innovations, such as the development of lightweight blind bolts manufactured using titanium, which are widely used in composite structures and engine inlets, are providing a thrust to the market growth. In line with this, the widespread product utilization in military and defense vehicles, such as helicopters and marine vessels, is positively impacting the market growth. Other factors, including extensive infrastructural development, along with the implementation of various government initiatives promoting the modernization of defense units, are anticipated to drive the market toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global blind bolts market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, diameter, grade and application.

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
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being 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 and TriMas Corporation.

Report Coverage: