Press Release

Global Carbon Steel Retaining Rings Market 2019 Study Key Players, Industry Overview, Supply Chain and Analysis to 2024

Carbon Steel Retaining Rings

Global “Carbon Steel Retaining Rings Market” an overview of the global market is provided with a prime focus on factors boosting and hampering the market. This will help investors get a clear understanding of which aspects to focus on and how to economically support the market globally. The impact of the prevailing regulatory scenarios on both regional and worldwide Carbon Steel Retaining Rings market is provided in detail in the report.

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendors/manufacturers in the market. The key manufacturers covered in this report:

  • Hugo Benzing
  • Barnes Group
  • Rotor Clip
  • Smalley
  • Würth
  • Cirteq Limited
  • American Ring
  • Ochiai Co
  • Beneri
  • Star Circlips
  • Garlock
  • MW Industries

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    A retaining ring is a fastener that holds components or assemblies onto a shaft or in a housing/bore when installed – typically in a groove – for one time use only. Once installed, the exposed portion acts as a shoulder which retains the specific component or assembly. Circlips are a type of retaining ring.Carbon steel retaining rings including Internal Retaining Rings, External Retaining Rings. These products are expected to witness significant demand over the upcoming years as they increase the durability of the joined parts.Carbon steel retaining rings are application in Automotive, Consumer Products, Energy, Industrial and other industry. The most proportion of carbon steel retaining rings is used in automotive, and the market share in 2017 is about 46% and the proportion of Industrial in 2017 is about 25%. According to this study, over the next five years the Carbon Steel Retaining Rings market will register a 5.1% CAGR in terms of revenue, the global market size will reach US$ 3100 million by 2024, from US$ 2420 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Carbon Steel Retaining Rings business.   

    Segmentation by product type:

  • Internal Retaining Rings
  • External Retaining Rings

    Segmentation by application:

  • Automotive
  • Consumer Products
  • Energy
  • Industrial
  • Others

    This report also splits the market by region:

    • Americas
    • United States
    • Canada
    • Mexico
    • Brazil
    • APAC
    • China

    This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of the Carbon Steel Retaining Rings market, to estimate the size of various other dependent submarkets in the overall market. All percentage shares split, and breakdowns have been determined using secondary sources and verified primary sources.

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    Research objectives

    To study and analyze the global Carbon Steel Retaining Rings consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.

    To understand the structure of the Carbon Steel Retaining Rings market by identifying its various subsegments.

    Focuses on the key global Carbon Steel Retaining Rings manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in the next few years.

    To analyze the Carbon Steel Retaining Rings with respect to individual growth trends, future prospects, and their contribution to the total market.

    To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

    To project the consumption of Carbon Steel Retaining Rings submarkets, with respect to key regions (along with their respective key countries).

    To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

    To strategically profile the key players and comprehensively analyze their growth strategies.

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