The Shank Hook Market Is Expected To Expand At A CAGR Of 4.6% By The End Of 2032

250-page Shank Hooks market study by Fact MR, a leading provider of business and competitive intelligence

The global COVID-19 pandemic has turned several industries upside down, disrupting their day-to-day operations and restricting the supply of raw materials, hampering production and growth.

The report provides actionable and valuable Shank Hooks market insights. The latest report from Fact.MR provides details on the current market scenario in different regions along with historical data and forecast of the market. The report also provides information on sales and demand of Hook Hooks market across various industries and regions.

Newly released data from Shaft Hook Market Analysis shows that in 2022, global demand for shank hooks witnessed volume growth of   2.5% YoY. Overall, the global shank hook market is forecast to grow at  4.6%   CAGR from a valuation of   US$37.5M   in 2022 to   US$   58.9M by 2032.

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report attributes details
Shaft Hook Market Size (2021A) US$36.3 million
Estimated Market Value (2022E) US$37.5 million
Projected Market Value (2032F) US$58.9 million
Global Market Growth Rate (2022-2032) 4.6% CAGR

Fact.MR’s market study provides exclusive information on how the market will grow. The study identifies crucial trends driving the growth of the Shaft Hooks market. This newly released report sheds light on key dynamics such as the drivers, restraints, and opportunities for key market players as well as emerging players related to production and supply. The latest Fact.MR report provides a detailed analysis of the Shank Hooks market


This newly released and insightful report throws light on the Shank Hooks market insights, key dynamics, their impact across the entire value chain from suppliers to end users and the growth of the Shank Hooks market  .

Key segments covered in the Shaft Hooks industry survey

  • Shaft Hooks Market by Hook Type:

    • Simply forged shaft hooks
    • Ramshorn-forged butt hooks
    • Quadruple forged shaft hooks
  • Shaft Hooks Market by Product Type:

    • Machined shaft hooks
    • Unprocessed shaft hooks
  • Shank Hooks Market by Workload:

    • Under 10 ton shank hook
    • 10-25 ton shank hook
    • 25-50 ton shank hook
    • 50-75 ton shank hook
    • 75-100 ton shank hook
    • 100-200 ton shank hook
    • 200-500 ton shank hook
    • Over 500 ton shank hook
  • Shank Hooks Market by Vertical End-Use:

    • construction
    • logistics and transportation
    • automobile
    • Industrial
    • Power & Energy
    • Oil Gasoline
    • Other
  • Shank Hooks Market by Distribution Channel:

    • OEM
    • convenience store
  • Shank Hooks Market by Region:

    • Shaft Hook Market in North America
    • Market for shank hooks in Latin America
    • European market for shank hooks
    • East Asian market for shank hooks
    • Shank Hooks Market in South Asia and Oceania
    • MEA shank hook market

competitive landscape

Fact.MR featured the following key shank hook manufacturers in its report: GN Rope Fittings, Henan All-Where Crane Co.Ltd, Henan Huabei Lifting Hook Co. Ltd., Henan Kino Cranes Co., Ltd., IRIZAR FORGE, Liftvel Industries , M Engineering, MK Forge, Powermech Engineering, William Hackett Lifting Products Ltd, Stahlhammer Bommern, European Lifting Devices, ELD Feat Group, Heuer Hebetechnik and Akyuzlu Forge.

These key shank hook manufacturers are constantly innovating in product design to meet modern day challenges related to components in the crane environment.

Also, collaborations and partnerships are the top choices for hook hook suppliers, with market players focusing on building long-term relationships with customers.

Key Questions Answered in Survey of Hook Hooks Market report:

  • Shank Hook Sales and Demand
  • – Growth of Shaft Hooks market
  • Market analysis of shank hooks
  • Market Insights from Shank Hooks
  • Key drivers affecting the Shank Hooks market
  • Which are the Key Drivers affecting the Shank Hooks Market?
  • Restrictions shape market growth
  • Market overview of shank hooks

More valuable insights into the Shank Hooks market

Fact.MR offers in its new report an unbiased market analysis of shank hooks, shank hooks sales and demand, analyzing forecast statistics to 2019 and beyond. The study shows growth forecasts based on various criteria.

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