Nuts and Bolts are available in various sizes and shapes. The kind of the classification of bolts and nuts may broadly be those made by the cold and hot process plant. Nuts and Bolts are used by the existing industries, repair workshops etc. Hot Dip Galvanizing is a process in which an adherent, protective coating of zinc and zinc compounds is developed on the surfaces of iron and steel products by immersing them in a bath of molten zinc. Hot Dip Galvanized Fasteners is extensively used to join heavy-duty components together.
India is expected to increase from 88.4 million tonnes (MT) in 2017 to 128.6 MT by 2021. The analysts forecast global industrial fasteners market to grow at a CAGR of 4.05% during the period 2016-2020. Worldwide demand for industrial fasteners is forecast to amount to US$93.8 billion. The revenue in North America will register US$20.05 billion, US$18.85 billion in Europe, US$40.75 billion in Asia Pacific and US$14.15 billion in other regions, respectively. Which facilitates the development of new technologies and ensure a high quality product.
Few Indian major players are as under
· A V R Fasteners Pvt. Ltd.
· Adinath Forging Pvt. Ltd.
· Agarwal Bolts Ltd.
· Agarwal Fastners Pvt. Ltd.
· Deepak Fasteners Ltd.
· Dev Fasteners Ltd.