Blind Rivet Nut Market by Material (Aluminium, Brass, Stainless Steel), Application (Aerospace, Automotive, Building & Construction), Distribution Channel - Global Forecast 2024-2030

Blind Rivet Nut Market by Material (Aluminium, Brass, Stainless Steel), Application (Aerospace, Automotive, Building & Construction), Distribution Channel - Global Forecast 2024-2030

The Blind Rivet Nut Market size was estimated at USD 94.65 million in 2023 and expected to reach USD 101.50 million in 2024, at a CAGR 7.48% to reach USD 156.89 million by 2030.

Blind rivet nuts are single-part hollow-thread nuts that are inserted from a single side without the need for reworking. The rivet nut's knurled body offers improved turning resistance in the application, particularly when they are placed into softer materials. The countersunk head is frequently chosen by manufacturers as it can fit flush within the application and leave a visually pleasing flat and smooth finish. Blind rivet nuts are an improvement over conventional bolt and nut and weld nut applications due to their simplicity of use, great shear and stress strength, and lightning-fast installation speeds. Metal, plastic, fiberglass, and carbon fiber are a few materials that can have the rivet nut itself placed. The rising demand for innovative fastening hardware in automobile, construction, aerospace, and manufacturing sectors is driving the growth of the blind rivet nuts market. However, the failure issues and adoption of alternative fastening technologies may hamper the market expansion. Nevertheless, introducing innovative adjustable products and advanced manufacturing facilities may overcome the challenge and create a lucrative scope for market development.

Regional Insights

The Asia-Pacific blind rivet nuts market is witnessing significant growth due to multiple domestic manufacturers and increasing adoption in numerous end-user segments. The regional manufacturing and construction industry developments have contributed to the growing demand for blind rivet nuts in the region. The rising automobile sales in New Zealand, Australia, India, China, Japan, South Korea, and Indonesia further accelerate the market growth. Similarly, the expanding automobile sector, including electric vehicles in the Americas region, affects the need for blind rivet nut technologies. The significant acquisitions and collaborations among the key market players to speed the commercialization of innovative blind rivet nuts and complement the existing portfolio of products encourage market growth in the Americas. On the other hand, several regional automakers, advanced production facilities, and innovative manufacturing procedures have accelerated the blind rivet nut market growth in European countries. Additionally, developing numerous civil engineering projects, including highways, power plants, water treatment facilities, and railways, in Middle Eastern and North African nations is anticipated to fuel market expansion.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Blind Rivet Nut Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

• Increasing demand for fastening hardware with innovative design, easy installation, and reliable performance
• Rising applications in aerospace, defense and home appliances
• Surging adoption in automotive, construction, and manufacturing sectors

Market Restraints

• Concern regarding failure issues of blind revet nuts

Market Opportunities

• Introduction of adjustable blind revet installation technology
• Emerging innovations in products and manufacturing process of blind rivet nuts

Market Challenges

• Presence of alternative fastening technologies, such as clinch nuts, u-nuts, and weld nuts

Market Segmentation Analysis

• Material: Ability of stainless steel material to improve the strength of blind rivet nuts
• Application: Expanding private and government investments in building & construction sectors
• Distribution Channel: Wider availability of products provided by online distribution channels

Market Disruption Analysis

• Porter’s Five Forces Analysis
• Value Chain & Critical Path Analysis
• Pricing Analysis
• Technology Analysis
• Patent Analysis
• Trade Analysis
• Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Blind Rivet Nut Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Blind Rivet Nut Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

MW Components Expands Fastener Products Through Acquisition of Elgin Fastener Group

MW Components, a manufacturer of precision components, enhanced its production capabilities and market reach with the acquisition of Elgin Fastener Group, specialized fastening solutions. This move consolidates MW Components' position as a powerhouse in the North American manufacturing landscape, boasting a broader array of production facilities. Clients can look forward to a diverse and extensive portfolio of high-quality fasteners, including bespoke nuts, bolts, rivets, screws, and a vast array of readily available stock items, solidifying the company's commitment to being the foremost provider of comprehensive specialty fastener solutions on an international scale.

HONSEL Launched the HEADLESS Blind Rivet Nut

HONSEL launched the HEADLESS blind rivet nut, which combines cost reduction and optimal installation options in applications, with the blind rivet nut having a protrusion of 0mm when inserted in a smooth bore without countersinking. By omitting the countersinking process, HONSEL Distribution GmbH & Co KG believes the HEADLESS blind rivet nut offers the potential for enormous savings. Due to no protrusion, components can be mounted without interfering edges and can slide over one another without obstruction.

Field Fastener, Mid-State Bolt & Nut Merge

Field announced its merger with Mid-State Bolt & Nut Company, a full-line fastener distributor headquartered in Columbus, Ohio. The potential impact of Field Fastener and Midstate Bolt & Nut merging on the market for blind rivet nuts is difficult to predict with certainty. Depending on the terms of the merger, it is possible that prices could decrease due to increased competition and economies of scale. Alternatively, there may be a loss in product variety due to fewer competitors in the market and reduced levels of customer service or support. It is also possible that the merger could lead to reduced innovation in terms of product development and technology advancement.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Blind Rivet Nut Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Blind Rivet Nut Market, highlighting leading vendors and their innovative profiles. These include Bolt Products Inc., Bossard AG, Bralo, S.A., Böllhoff Group, Capital Bolts and Hardware's, Chicago Nut & Bolt, Inc., DEJOND N.V., G-Fast Distribution Inc., GES Faserverbundwerkstoffe GmbH, GESIPA Blindniettechnik GmbH, Goebel Fasteners, Inc., Hilti Corporation, HONSEL Umformtechnik GmbH, JHP Fasteners, Inc., Kenlon Industrial Co, Ltd, LISI Aerospace, MDS Maschinen- und Werkzeugbau GmbH & Co. KG, MEFACO Intl. bvba, Mudge Fasteners, Inc., MVD Fastners Pvt Ltd, PennEngineering, Precision Castparts Corp., Qonnect B.V., S.W. Anderson Company, Shanghai King-Nuts Fasteners Co., Ltd., Shenzhen Huayuan Precision Products Co.,Ltd., Sherex Fastening Solutions, LLC, Stanley Black & Decker, Inc., Wilhelm Böllhoff GmbH & Co. KG, and Zygology Ltd..

Market Segmentation & Coverage

This research report categorizes the Blind Rivet Nut Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Material
• Aluminium
• Brass
• Stainless Steel
• Application
• Aerospace
• Automotive
• Building & Construction
• Furniture
• Home Appliances
• Industrial Machinery
• Distribution Channel
• Offline
• Online

Region

• Americas
• Argentina
• Brazil
• Canada
• Mexico
• United States
• California
• Florida
• Illinois
• New York
• Ohio
• Pennsylvania
• Texas
• Asia-Pacific
• Australia
• China
• India
• Indonesia
• Japan
• Malaysia
• Philippines
• Singapore
• South Korea
• Taiwan
• Thailand
• Vietnam
• Europe, Middle East & Africa
• Denmark
• Egypt
• Finland
• France
• Germany
• Israel
• Italy
• Netherlands
• Nigeria
• Norway
• Poland
• Qatar
• Russia
• Saudi Arabia
• South Africa
• Spain
• Sweden
• Switzerland
• Turkey
• United Arab Emirates
• United Kingdom

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