Steel Hinges and Tower Bolts Manufacturing Business
Steel Hinges and Tower Bolts Manufacturing Business. Production of Door Hardware & Accessories. Builder’s Hardware Industry
Hinges are ideal for self-closing doors or cabinets, and are available in various sizes, with square or radius corners. These special hinges act as an excellent alternative to overhead mounted closers on doors. Features like corrosion resistance, durability and high tensile strength make it in high demand in the consumer market. SS hinges are widely used in doors and windows. Steel Hinges are great for Outdoor Use and Pool Areas.
Steel Hinges have extensive applications in joining doors, windows and similar other structures requiring a movement of one flank with respect to a fixed frame. In housing, the door flanks can have an angular movement with respect to the door frames of wood or steel or aluminum. Its function is to joint one part to the other. Versatile of operation of hinges have played a great role mechanization and modernization in present mechanized life. Hinges are extensively used in safes, Amirah’s, boxes of all sizes, machines covers etc.
Features:
- Light in weight
- Sturdy construction
- Seamless finish
Tower bolt is manufactured using stainless steel alloy. It is used in various commercial and domestic areas such as cabinet, doors, closet, windows, rooms and bathrooms. The bolt is made of using quality alloy and technology to make it offer a smooth function. Tower bolt is utilized in glass, wooden or metal door as it offers high safety in locking the doors or close.
Features:
- Excellent strength
- Rust resistance
- Durability
Market Outlook
The demand for hinges depends mainly on the performance of its end-user (i.e. the construction and furniture manufacturing sectors). Therefore, the demand for the products under consideration is a derived demand, which depends directly on the performance of its major end – user.
Market Segmentation:
- By Applications:
- Home
- Cabinet
- Door and Window
The growth of this industry is directly linked with the growth of housing construction, ship building industry, automobiles and railways etc. Hinges are a part of buildings hardware industry.
Demand Projection for Hinges (Tons)
| Year | Projected Demand |
| 2013 | 50,000 |
| 2014 | 52,000 |
| 2015 | 54,000 |
| 2016 | 58,000 |
| 2017 | 61,000 |
| 2018 | 65,000 |
| 2019 | 66,000 |
| 2020 | 68,000 |
| 2021 | 70,000 |
| 2022 | 71,000 |
| 2023 | 73,000 |
| 2024 | 75,000 |
| 2025 | 76,000 |
Some of key players that includes in the study are Hettich, Blum, Grass, Hafele, FGV, Dorma, Ferrari, ITW Proline, Zoo Hardware, EKF, Hager, linnea, Archie, DTC, SH-ABC, Topstrong, Gute, hutlon, kingslide, LIAN YA & Other.
Builder Hardware Market
Builders’ hardware, or just builders hardware, is a group of metal hardware specifically used for protection, decoration, and convenience in buildings. Building products do not make any part of a building; rather they support them and make them work. It usually supports fixtures like windows, doors, and cabinets. Common examples include door handles, door hinges, bolts, latches, numerals, letter plates, switch plates, and door knockers.
The global market for Builder Hardware is expected to grow at a CAGR of roughly 4.8% over the next five years, will reach 52900 million US$ in 2023, from 40000 million US$ in 2017.
The top players are:
- ASSA ABLOY
- Allegion
- Spectrum Brands (HHI)
- Masco Corporation
- DORMA
- Roto Frank
- Siegenia-aubi
- GretschUnitas
- MACO
- Kin Long
- Winkhaus
- Sobinco
- Lip Hing
- 3H
- GEZE
- Ashland Hardware Systems
- Hager Company
- CompX International
- Tyman (GIESSE)
India’s Builder Hardware Industry is set to become self-sufficient in the near future; this is because hardware products are growing on the back of technology and innovation, and are being globally recognized at par with Chinese high-end products. Rising disposable income and the growing construction activity across cities, including renovations in both commercial and residential buildings, are fueling demand for the latest building products. This market trend, in turn, is impacting the unorganized sector adversely and reducing its size.
Construction industry in India is one of the fastest growing industry. It is also said that the construction industry is the second largest industry in India after agriculture. This industry accounts for about 11% of India as GDP. In any country the construction industry plays as an important indicator of the development as it creates investment opportunities across various related sectors. Construction industry in India is an essential part of any country infrastructure and industrial development.
India’s construction industry will continue to grow into the next decade. The Indian building market, the sector will grow at a CAGR of 4.16% from now until 2021. India’s construction industry is growing ever-stronger, and is becoming an excellent area for build and interiors investment. This guide details the facts about the nation that will be useful for anyone looking to get involved with this vibrant, growing market.
The residential construction industry in value terms increased at a CAGR of 11.7% during 2013-2017. The commercial building construction market in value terms is expected to record a CAGR of 18.3% over the forecast period. The infrastructure construction was estimated to be US$ 116.8 billion in 2017, posting a CAGR of 12% during review period.
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