We talk about the MARKET

We talk about the MARKET

A Flange nut is a nut that has a wide flange at one end that acts as an integrated, non-spinning washer. This serves to distribute the pressure of the nut over the part being secured, reducing the chance of damage to the part and making it less likely to loosen as a result of an uneven fastening surface.

Due to the COVID-19 pandemic, the global Flange Nut market size is estimated to be worth US$ 912.7 million in 2022 and is forecast to a readjusted size of US$ 1102.6 million by 2028 with a CAGR of 3.2% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Flat Flange Nut accounting for % of the Flange Nut global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Traffic segment is altered to an % CAGR throughout this forecast period.

Global major companies profiled in the Flange Nut market include STANLEY Engineered Fastening, FULLER, Locknut Technology, Ramco Specialties, etc.

In terms of product, Flat Flange Nut is the largest segment, with a share over 60%. And in terms of application, the largest application is Traffic, followed by Electric power, Communication, etc.

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

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The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

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