Los Angeles, CA -- (SBWIRE) -- 04/18/2019 -- An earth moving fastener is a hardware device that mechanically joins or affixes two or more objects in earth moving machine together.The global earth moving fasteners market accounted for 108.46 K MT in 2016, and is anticipated to reach 159.16 K MT by 2022.

China is the dominant consumption country of earth moving fasteners, the sales of earth moving fasteners is 34.20 K MT in 2016, according about 31.53% of the total amount.. Asia-Pacific is the second largest sales area, with the market share of 22.68% in 2016. Even though a huge space for growth in the Asia market exists, the quality and technology should further improve.

Leading players in earth moving fasteners industry are Vescovini (sbe) ,Gem-year, Shandong Gaoqiang and Standard Parts. Vescovini is the largest manufacturer, occupies about 6.81% revenue share of the market.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area. There will have more investment enter this field. In the next five years, the consumption volume will keep slow increasing, as well as the consumption value.

The global Earthmoving Fasteners market was 290 million US$ in 2018 and is expected to 400 million US$ by the end of 2025, growing at a CAGR of 4.6% between 2019 and 2025.

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This report studies the Earthmoving Fasteners market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Earthmoving Fasteners in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Vescovini (sbe)

Gem-year

Shandong Gaoqiang

Standard Parts

Shanghai Prime

AJAX

Donhad

Infasco

Nord-Lock Group

Sanko

ATC

Dongah

BYG

National Bolt & Nut

MPS

By the product type, the market is primarily split into

Bolts

Nuts

Others

By the end users/application, this report covers the following segments

Excavators

Loaders

Bulldozers

Others

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