Industrial Fasteners Market was valued at US$ 88.26 Bn. in 2022. Global Industrial Fasteners Market size is estimated to grow at a CAGR of 3.5 %.
Market Values: The Global Industrial Fasteners Market, valued at US$ 88.26 Bn. in 2022, is projected to witness substantial growth, estimating a CAGR of 3.5% over the forecast period.
Report Scope: The comprehensive report on the Industrial Fasteners Market provides a detailed analysis of market trends from 2022 to forecasted trends through 2029. The base year for the analysis is 2022, with a focus on real output numbers of companies in the market. The report explores the impact of COVID-19 on demand, supply, and market dynamics, forecasting the market for the next two years.
Research Methodology: The report employs rigorous research methodologies, incorporating analysis of market trends, the effect of lockdowns on demand and supply, and the subsequent impact on the industrial fasteners market. A detailed research methodology is available in the free sample report.
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Market Dynamics: The industrial fasteners market is influenced by factors such as growing mechanization, industrialization, and the demand for machinery and equipment. The report highlights the impact of the COVID-19 pandemic on key players and their strategies for recovery, cost management, and customer satisfaction.
Regional Insights: Despite domestic challenges and a transforming global landscape, the Asia Pacific region remains the largest contributor to the global industrial fasteners market, representing over 45% of total global output. The report delves into regional insights, emphasizing the emergence of the manufacturing sector and the attractiveness of the Asia Pacific region for foreign investments.
In India, government initiatives for industrial development, including the development of industrial corridors and smart cities, are expected to drive the demand for fasteners. The U.S. fastener industry is highlighted as a foundational segment of the U.S. industrial sector, playing a crucial role in sectors such as automotive, aerospace, and military.
Market Segment Analysis: The report segments the industrial fasteners market based on raw materials (plastic and metal) and applications. The metal segment is projected to dominate, driven by the demand for high tensile strength and enhanced lifespan.
The automotive application segment holds a leading position, contributing over 33% in 2020, with the production of commercial and passenger vehicles driving demand. India is expected to emerge as the largest automotive market by 2027.
Strategic Insights: The report provides strategic insights for key players, emphasizing the need for innovative technologies, functional permanence, and miniaturization in fasteners. It encourages companies to explore new materials and technologies to shape the future of the fastener industry.
Conclusion: The objective of the report is to present a comprehensive analysis of the global Industrial Fasteners Market, offering stakeholders valuable insights into market dynamics, competitive analysis, and future trends. The report serves as an investor’s guide, aiding decision-makers with a clear understanding of the industry’s current status and future prospects.
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What is Industrial Fasteners Market Segmentation?
by Raw Material
Plastic
Metal
by Product
Externally Threaded
Internally Threaded
Non-Threaded
Aerospace Grade
Who are Industrial Fasteners Market Key Players?
1. Penn Engineering & Manufacturing Corporation
2. KOVA Fasteners Pvt. Ltd.
3. Acument Global Technologies Inc.
4. Arconic Inc.
5. Standard Fasteners Ltd.
6. Decker Industries Corporation
7. Brunner Manufacturing Co., Inc.
8. Eastwood Manufacturing
9. Stanley Black & Decker Inc.
10. MW Industries Inc.
11. Illinois Tool Works
12. Bulten AB
13. MacLean-Fogg Company
14. MISUMI Group Inc.
15. Nifco Inc.
16. Fortana Group
17. Hilti Corporation
18. LISI Group
19. Precision Castparts Corp.
20. The SFS Group
21. A&G Fasteners
22. SA Fasteners.
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Table of content for the Industrial Fasteners Market includes:
- Global Industrial Fasteners Market : Research Methodology
- Global Industrial Fasteners Market : Executive Summary
- Market Overview and Definitions
- Introduction to the Global Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Industrial Fasteners Market : Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
Key Offerings:
- Past Market Size and Competitive Landscape
- Industrial Fasteners Market Size, Share, Size & Forecast by different segment |
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Industrial Fasteners Market Segmentation – A detailed analysis by Product
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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