The market analysis and price situation of ring groove rivets are as follows:

                                                 Market Analysis

• Market Scale1: The rivet market, including ring groove rivets, is large-scale. It is estimated that the global rivet market was approximately $31.8 billion in 2024. Driven by the development of industries such as manufacturing, construction, and automotive, the market for ring groove rivets shows a stable growth trend. In the future, with the continuous progress of the industry and the increase in demand, the market scale is expected to expand further.
• Market Competition1: The market of ring groove rivets is highly competitive, with numerous domestic and foreign manufacturers. Competition in aspects such as price, quality, and service directly affects the market share and profitability of enterprises. Meanwhile, factors like the fluctuation of raw material prices and the increase in labor costs also bring pressure to the production cost and pricing of enterprises.
• Regional Markets: In economically developed regions such as Europe and North America, the demand for high-quality and high-performance ring groove rivets is relatively high. These regions focus more on product quality and technological innovation, and the application of ring groove rivets in the aerospace and high-end manufacturing industries is widespread. In emerging economies like Asia and South America, with the acceleration of infrastructure construction and industrialization, the market demand for ring groove rivets is growing rapidly. For example, in China and India, a large number of ring groove rivets are used in the construction of high-speed railways, bridges and other infrastructure projects.
• Industry Demand: Ring groove rivets have a wide range of applications in the automotive manufacturing industry, being used for the connection of body structures and the fixation of components. In the aerospace industry, they are favored for their lightweight and high-strength characteristics and are widely used in the assembly of aircraft. In the construction field, they play an important role in the connection of metal structures in buildings and bridges. In addition, the electronics, shipbuilding and other industries also have a certain demand for ring groove rivets.
• Technological Trends: The continuous progress of manufacturing technology has promoted the improvement of the manufacturing process and material technology of ring groove rivets. The application of new materials such as high-strength alloys and the adoption of advanced surface treatment technologies can enhance the tensile strength and corrosion resistance of ring groove rivets. Moreover, the development of intelligent manufacturing technology has made the production of ring groove rivets more automated and efficient, improving production efficiency and product quality.
• Emerging Application Areas: The rise of emerging industries such as new energy vehicles, intelligent manufacturing and aerospace has brought new growth opportunities to the market of ring groove rivets. In the field of new energy vehicles, in order to achieve the goal of lightweight and improve battery life, ring groove rivets are widely used in the connection of vehicle bodies and battery packs. In the aerospace field, with the continuous advancement of space exploration and satellite technology, the demand for high-performance ring groove rivets is also increasing.

Price Situation

• By Material4
  • Carbon Steel: Carbon steel ring groove rivets are relatively inexpensive, generally priced at $0.01 - $1 per piece. For example, common carbon steel button head ring groove rivets may cost $0.1 - $1 per piece in lots of 100 pieces.
  • Stainless Steel: Stainless steel ring groove rivets are more expensive due to their corrosion resistance and high strength. The price of 304 stainless steel ring groove rivets is usually $0.01 - $0.5 per piece. If the quantity is large, such as an order of 50,000 pieces, the price can be as low as $0.01 - $0.03 per piece.
  • Aluminum Alloy: Aluminum alloy ring groove rivets are relatively lightweight and have good corrosion resistance, with a price range of $0.01 - $0.16 per piece. For example, alloy aluminum cup head ring groove rivets may cost $0.08 - $0.1 per piece in lots of 5,000 pieces.
• By Size: The price of ring groove rivets generally increases with the increase in size. Smaller rivets such as 4.8mm carbon steel ring groove rivets may cost $0.1 - $0.2 per piece, while larger 9.8mm or even larger rivets may cost $0.3 - $1 or more per piece.
• By Quantity: There is a significant price difference in the ex-factory price of ring groove rivets for different order quantities. Usually, the larger the order quantity, the lower the unit price. For example, for some common ring groove rivets, the unit price may be $0.3 - $0.5 per piece for an order of 1,000 pieces, while the unit price can be reduced to $0.1 - $0.3 per piece for an order of 10,000 pieces.