Lock Washer Market: Global Industry Analysis and Forecast (2024-2030)
The Lock Washer Market was valued at US$ 848.34 Mn. in 2023. Lock Washer Market size is estimated to grow at a CAGR of 8.84% over the forecast period. Lock Washer Market Overview: A lock washer is a thin disk-shaped plate with a hole in the center that is used to distribute the load of a threaded fastener. Its outside diameter is usually around twice as large as its inner diameter, which varies depending on the design. Steel is the most widely utilized metal in the manufacture of washers. Carbon steel, spring steel, and stainless steel are among the steel types utilized in the manufacture of washers. Metals such as copper, brass, aluminum, titanium, bronze, zinc, and iron are also available for these washers.
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