The global demand for Blind Rivet Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028. Whereas with regards to volume, the market was calculated XX Kilo Units in 2021 and foreseen to touch XX Kilo Units by 2028 with a CAGR of XX% during 2022-2028.
A blind rivet is a permanent mechanical fastener that can be installed entirely from one side. Also called the pop rivet, is generally used when there is no access to the construction element's rear side. It is straightforward to install and provides reliable and robust fastening. There is no marring of the fastened surface but a professional finish. The blind rivets are used in construction and industrial applications like boats, automotive, aircraft, where one side of the workplace is inaccessible.
Market Dynamics
Rapid urbanization and growing infrastructure development are the key driver for the growth of the blind rivet market. The rising demands for components that are easy to install and handle in commercial and residential buildings will be a market booster. Increased investments in the hospitality sector will further stimulate market growth. Flourishing aerospace, automotive and marine industries will boost the market growth. Rising per capita income and the increasing demand for high-performance tools in the consumer electronics sector will boost market growth. The main constraints hampering this market's growth are fragility and inability to remove the blind rivet if placed inappropriately.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of blind rivet.
Market Segmentation
The entire blind rivet market has been sub-categorized into product and applications. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product
By Applications
- Automobile
- Aerospace
- Construction
- Other Application
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for blind rivet market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Blind Rivet Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the blind rivet market include FAR, Bralo, RandR/Canadian Blind Rivet (CBRC), SRC (Special Rivets Corporation), Gesibras, FASTFIX, Arconic Fastening Systems / Alcoa - Marson and Huck, Wuxi Anshida Hardware Company, Allfast, Honsel, Gesipa, Others. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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