Retaining Rings Market (Updated Version Available)

The universal Retaining Rings market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
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%
Asia Pacific region is the largest consumption place of carbon steel retaining rings, with a consumption market share nearly 48.25% in 2017. Europe is the second largest consumption of carbon steel retaining rings, enjoying consumption market share nearly 25.7% in 2017.

In the global Retaining Rings market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.

In market segmentation by manufacturers, the report covers the following companies-
Hugo Benzing
Barnes Group
Rotor Clip
Smalley
Würth
Cirteq Limited
American Ring
Ochiai Co
Beneri
IWATA DENKO
Star Circlips
Garlock
MW Industries

In market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In market segmentation by types :
External Retaining Rings
Internal Retaining Rings

In market segmentation by applications :
Automotive
Consumer Products
Energy
Industrial
Others

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Retaining Rings market for the forecast period 2020 - 2025?
• What are the driving forces in the Retaining Rings market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Retaining Rings industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?