Threaded Inserts market is expected to grow at a CAGR of 4.3% from 2023 to 2031
Threaded Inserts Market
According to Reed Intelligence, the Threaded Inserts market is expected to grow at a CAGR of 4.3% from 2023 to 2031.
The market in North America is growing significantly as a result of the domination of several significant industries, including as the automobile, aerospace, and electronics sectors.
Threaded Inserts are small, cylindrical components that are used to secure threaded fasteners in materials that are difficult to thread, such as plastics and composites. They are typically made from stainless steel, brass, or nylon, and they come in a variety of sizes and thread pitches.
The automotive industry is a major driver of growth for the threaded inserts market. Threaded inserts are used in a variety of automotive applications, such as body panels, bumpers, and engine mounts. The increasing demand for lightweight vehicles is also driving the growth of the market, as threaded inserts are often used in place of heavier, more traditional fasteners.
The aerospace industry is another major driver of growth for the threaded inserts market. Threaded inserts are used in a variety of aerospace applications, such as aircraft interiors, landing gear, and engines. The increasing demand for commercial aircraft is driving the growth of the market, as threaded inserts are essential for the assembly of these aircraft.
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Market Dynamics
Small, cylinder-shaped threaded inserts are used to hold threaded fasteners in materials that are challenging to thread, like composites and plastics. They come in a range of diameters and thread pitches and are commonly manufactured from stainless steel, brass, or nylon.
The market for threaded inserts is mostly driven by the automobile sector. Body panels, bumpers, and engine mounts are just a few of the automotive applications for threaded inserts. The market is expanding as a result of the rising demand for lightweight automobiles, as threaded inserts are frequently utilized in place of bulkier, more conventional fasteners.
Another significant growth factor for the threaded inserts market is the aerospace sector. Aerospace applications for threaded inserts include landing gear, engines, and interiors of aircraft. The market is expanding as a result of the rising demand for commercial aircraft, which require threaded inserts for construction.
Report Scope
| Report Metric | Details |
| Compound Annual Growth Rate (CAGR) | 4.3% |
| Forecast Period | 2023-2031 |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
| Segments Covered | Segmentation By Type SteelBrass Segmentation By Application HomeCommercial |
| Geographies Covered | North AmericaEuropeAPACMiddle East and AfricaLATAM |
| Market Drivers | The Expansion of Industrial Manufacturing Operations |
| Market Opportunities | Creating New MarketsTechnological Development and Product Innovation |
Threaded Inserts Market Also Expected to Benefit from the Following Trends:
- The Need for threaded inserts is driven by the expanding usage of polymers and composites in a number of applications.
- The demand for threaded inserts is also being driven by the rising popularity of lightweight automobiles.
- The demand for threaded inserts in the construction industry is being driven by the rising demand for infrastructure development.
- The demand for threaded inserts is being driven by manufacturing’s increasing adoption of automation.
Regional Analysis
The market in North America is growing significantly as a result of the domination of several significant industries, including as the automobile, aerospace, and electronics sectors. The region’s robust industrial base, technical advancements, and emphasis on product innovation make market growth possible. The United States and Canada are the two nations that contribute the most to the market in this sector.
In Europe, there is a considerable market for threaded inserts. The region benefits from a flourishing industrial sector and a focus on innovative production methods. The growth of the market has been significantly aided by the economies of France, Germany, and the UK. The strict quality requirements and laws in industries like aerospace and automotive further restrict the market for premium threaded inserts.
Asia Pacific offers a sizable potential market for threaded inserts. The requirement for threaded inserts is significantly increased by the region’s developing urban, industrial, and infrastructure sectors. In developing nations like China and India, the industrial sector has grown significantly, which is good for the market. This company is expanding as a result of increased investment in the construction, electronics, and automotive industries.
Key Highlights for the Threaded Inserts Market:
- From 2023 to 2031, the Threaded Inserts Market Size is anticipated to expand at a CAGR of 4.3%.
- The greatest market for threaded inserts is in the automobile sector, followed by the aerospace and construction sectors.
- The most common threaded inserts are blind inserts, followed by through inserts and self-tapping inserts.
- The most popular material for threaded inserts is stainless steel, followed by brass and nylon.
- The market leaders for threaded inserts are Würth Group, Stanley Black & Decker, ITW Fastening Systems, Araymond, and PennEngineering.