Market Forecast By Product (M6, M8, M10, M12, M14, M16, M18, Others), By Applications (Construction, Petrochemical, Heavy Machine Equipment, Automotive, Aerospace, Home Appliances, Lawn and Garden, Others), By Grade (GR 5.8, GR 8.8, GR10.9, GR 12.9, Others) And Competitive Landscape
Product Code: ETC041073 | Publication Date: Jan 2021 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Egypt Bolts market currently, in 2023, has witnessed an HHI of 4751, Which has increased moderately as compared to the HHI of 3550 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Report Name | Egypt Bolts Market |
Forecast Period – | 2025-2031 |
CAGR – | 5.8% |
Growing Sector - | Automotive |
Egypt Bolts Market report thoroughly covers the market by product, by application, and by grade. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Egypt bolts market is emerging as a vital component within the industrial sector, propelled by the country's growing infrastructure development and construction projects. As Egypt continues to invest in new buildings, roads, and other construction ventures, the demand for high-quality bolts for structural applications sees a consequential rise.
According to 6Wresearch, the Egypt Bolts Market size is estimated to reach at a CAGR of 5.8% during the forecast period 2025-2031. Key drivers in the Egyptian bolts market include rapid urbanization, an increase in commercial and housing projects, and the expansion of the automotive industry which uses bolts for various applications. With the government's focus on improving transportation networks and the consistent growth in the manufacturing sector, the need for standard and specialized bolts has surged. However, the market faces challenges such as price volatility of raw materials like steel due to global market fluctuations. There is also competition from imported bolts. Despite these challenges, the Egypt Bolts Market growth is surging tremendously with some ongoing trend such as the rising interest in high tensile bolts due to their superior strength and reliability in critical applications. Moreover, there is an evident shift towards environmentally friendly practices, pressing bolt manufacturers in Egypt to adopt sustainable processes and materials to minimize their environmental impact.
The Egyptian bolts market and enhance its competitiveness, the government has introduced several initiatives. One such initiative is the imposition of tariffs on imported bolts, which aims to protect the local manufacturing industry from foreign competition. Further, there are grants for technological innovation to encourage local producers to modernize their manufacturing processes, ensuring better product quality and efficiency.
The Egypt bolts market is highly competitive, with both local and international players vying for market share. Some of the key players in the market include
The outlook for the Egypt bolts industry remains positive, with continued growth expected in the coming years. With ongoing infrastructure projects, industrial expansions, and a growing automotive industry, there will be a sustained demand for bolts in the country. Additionally, initiatives towards sustainable practices and customized solutions will further drive the market's growth.
According to Shivankar, Research Manager, 6Wresearch, the automotive sector is witnessing significant growth in the Egyptian bolts market. This can be attributed to the increasing demand for automobiles in the country, driven by factors such as rising population and income levels. The automotive industry also heavily relies on bolts for various applications such as engine parts, body assembly.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Egypt Bolts Market Overview |
3.1 Egypt Country Macro Economic Indicators |
3.2 Egypt Bolts Market Revenues & Volume, 2021 & 2031 |
3.3 Egypt Bolts Market - Industry Life Cycle |
3.4 Egypt Bolts Market - Porter's Five Forces |
3.5 Egypt Bolts Market Revenues & Volume Share, By Product, 2021 & 2031 |
3.6 Egypt Bolts Market Revenues & Volume Share, By Applications, 2021 & 2031 |
3.7 Egypt Bolts Market Revenues & Volume Share, By Grade, 2021 & 2031 |
4 Egypt Bolts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Egypt Bolts Market Trends |
6 Egypt Bolts Market, By Types |
6.1 Egypt Bolts Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Egypt Bolts Market Revenues & Volume, By Product, 2021 - 2031 |
6.1.3 Egypt Bolts Market Revenues & Volume, By M6, 2021 - 2031 |
6.1.4 Egypt Bolts Market Revenues & Volume, By M8, 2021 - 2031 |
6.1.5 Egypt Bolts Market Revenues & Volume, By M10, 2021 - 2031 |
6.1.6 Egypt Bolts Market Revenues & Volume, By M12, 2021 - 2031 |
6.1.7 Egypt Bolts Market Revenues & Volume, By M14, 2021 - 2031 |
6.1.8 Egypt Bolts Market Revenues & Volume, By M16, 2021 - 2031 |
6.1.9 Egypt Bolts Market Revenues & Volume, By Others, 2021 - 2031 |
6.1.10 Egypt Bolts Market Revenues & Volume, By Others, 2021 - 2031 |
6.2 Egypt Bolts Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Egypt Bolts Market Revenues & Volume, By Construction, 2021 - 2031 |
6.2.3 Egypt Bolts Market Revenues & Volume, By Petrochemical, 2021 - 2031 |
6.2.4 Egypt Bolts Market Revenues & Volume, By Heavy Machine Equipment, 2021 - 2031 |
6.2.5 Egypt Bolts Market Revenues & Volume, By Automotive, 2021 - 2031 |
6.2.6 Egypt Bolts Market Revenues & Volume, By Aerospace, 2021 - 2031 |
6.2.7 Egypt Bolts Market Revenues & Volume, By Home Appliances, 2021 - 2031 |
6.2.8 Egypt Bolts Market Revenues & Volume, By Others, 2021 - 2031 |
6.2.9 Egypt Bolts Market Revenues & Volume, By Others, 2021 - 2031 |
6.3 Egypt Bolts Market, By Grade |
6.3.1 Overview and Analysis |
6.3.2 Egypt Bolts Market Revenues & Volume, By GR 5.8, 2021 - 2031 |
6.3.3 Egypt Bolts Market Revenues & Volume, By GR 8.8, 2021 - 2031 |
6.3.4 Egypt Bolts Market Revenues & Volume, By GR10.9, 2021 - 2031 |
6.3.5 Egypt Bolts Market Revenues & Volume, By GR 12.9, 2021 - 2031 |
6.3.6 Egypt Bolts Market Revenues & Volume, By Others, 2021 - 2031 |
7 Egypt Bolts Market Import-Export Trade Statistics |
7.1 Egypt Bolts Market Export to Major Countries |
7.2 Egypt Bolts Market Imports from Major Countries |
8 Egypt Bolts Market Key Performance Indicators |
9 Egypt Bolts Market - Opportunity Assessment |
9.1 Egypt Bolts Market Opportunity Assessment, By Product, 2021 & 2031 |
9.2 Egypt Bolts Market Opportunity Assessment, By Applications, 2021 & 2031 |
9.3 Egypt Bolts Market Opportunity Assessment, By Grade, 2021 & 2031 |
10 Egypt Bolts Market - Competitive Landscape |
10.1 Egypt Bolts Market Revenue Share, By Companies, 2024 |
10.2 Egypt Bolts Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |