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.

Market Analysis and Insights: Global Carbon Steel Retaining Rings Market
The global Carbon Steel Retaining Rings market is valued at US$ 2691.6 million in 2019. The market size will reach US$ 3879.3 million by the end of 2026, growing at a CAGR of 5.3% during 2021-2026.

Global Carbon Steel Retaining Rings Scope and Segment
Carbon Steel Retaining Rings market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Carbon Steel Retaining Rings market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.

Segment by Type
Internal Retaining Rings
External Retaining Rings

Segment by Application
Automotive
Consumer Products
Energy
Industrial
Others

By Company
Hugo Benzing
Barnes Group
Rotor Clip
Smalley
Würth
Cirteq Limited
American Ring
Ochiai Co
Beneri
IWATA DENKO
Star Circlips
Garlock
MW Industries

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E