Surety Bond Market : Which application is anticipated to grow faster? With Top Companies

The United States surety bond market accounted for US$ 3641.3 Mn in 2022, and is expected to grow at a CAGR of above 5.8% during the forecast years (2022-2030).

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Some of the key players operating in the global Surety Bond market are: Allianz (EULER HERMES), American International Group, Inc., Chubb, Gallagher, HUB International Limited, MARSH LLC, Surety Bonds Professionals and Willis Towers Watson amongst other market participants.

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The factors such as rapid urbanization along with increasing trend towards organic farming generate growth opportunities in the long run. The sustainability issue associated with non-biodegradable fertilizers pose as a challenge for the market.

United States Surety Bond Market:

By Surety Type

  • Construction, Bid and Performance Bonds
  • Advance Payment Bonds
  • Maintenance Bonds
  • Commercial Surety Bonds
  • Contract Surety Bonds
  • License and Permit Bonds
  • Customs Bonds
  • Court Bonds
  • Litigation Bonds, including Appeal Bonds
  • Specialized Contract Bonds
  • Others

By Organization Size

  • Small and Medium Sized Organizations
  • Large Organizations

By End Users

  • Domestic Corporations and Multinational Companies
  • Marketed through Global, National, Regional or Local Brokers
  • Global Multinational Companies with U.S. Bond Needsoil
  • Contractors and Managers
  • Paving, Sewer and Water and Highway and Bridge
  • Manufacturers
  • Technology Companies
  • Oil Field Service Firms
  • Performance Bonds (Non-Construction or Supply)
  • Court Bonds (Judicial and Fiduciary)
  • Mining and Material Companies
  • Dredgers
  • Pharmaceuticals
  • Agricultural Processors
  • Others

By Region

  • Northeast
  • Midwest
  • West
  • South

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