Market Overview:
The global fastening material market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for fastening materials in the automotive industry, electric & electronics, machinery industry, and construction industry. Steel type is the most commonly used type of fastening material and is expected to dominate the market during the forecast period. Copper type is projected to be the fastest-growing segment during 2018-2030 owing to its properties such as high conductivity and corrosion resistance.
Product Definition:
A fastening material is a material that is used to join two pieces of material together. The most common type of fastening material is a screw.
Steel Type:
Steel type is a classification of steel based on carbon content. There are many types of steels such as low, medium and high carbon, which are differentiated by different properties and uses. The most common ones used in the construction industry include low alloy (LAC), hot rolled (HR) and cold rolled (CR) steel sheets.
The global fastening material market size was valued at USD 85 billion in 2016 growing at a CAGR of XX%.
Copper Type:
Copper type is a mixture of copper and other metals such as tin, zinc & nickel. It is usually found in the form of an alloy with 80% to 90% copper and 10% to 20% other metals. Copper alloys have wide applications in various end-use industries including construction, electrical & electronics, industrial machinery & equipment manufacturing among others owing to their properties such as corrosion resistance, high strength along with thermal conductivity and electrical conductivity.
Application Insights:
The automotive industry was the largest application segment in 2016 and is expected to continue its dominance over the forecast period. The increasing production of vehicles in emerging economies such as India, China and Brazil is expected to have a positive impact on market growth over the next eight years.
In terms of revenue, construction industry emerged as one of the prominent segments with a share of 15.9% in 2017 owing to increased spending on infrastructure development across various regions globally. In addition, favorable government policies related to housing & urban development are anticipated to boost product demand from 2018 through 2030 at a CAGR of XX%. Increasing use for joining or sealing materials between components or layers has led manufacturers towards developing products that offer high mechanical strength along with excellent corrosion resistance and durability under extreme environmental conditions such as temperature & moisture range.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. Rapid industrialization coupled with increasing per capita income in these countries has resulted in an increased demand for fasteners from construction industry as well as automotive industry.
The Asia Pacific regional market includes major countries such as Japan, South Korea and Taiwan which are major manufacturing hubs for automobiles among other industries. Copper-based fastening material was most popular across all regions owing to its high strength properties along with low cost of production compared to steel types of fastening materials.
North America accounted for a significant share of global revenue owing to presence of key automobile manufacturers such as General Motors Company; Ford Motor Company; Chrysler Group LLC.; Tesla Inc.
Growth Factors:
- Increasing demand from construction and automotive industries
- Rising awareness about the benefits of using fastening materials
- Technological advancements in fastening material manufacturing processes
- Growing popularity of composite materials in various end-use applications
- Stringent government regulations for safety and security
Scope Of The Report
Report Attributes
Report Details
Report Title
Fastening Material Market Research Report
By Type
Steel Type, Copper Type, Aluminum Type, Other
By Application
Automotive Industry, Electric & Electronics, Machinery Industry, Construction Industry
By Companies
Wurth, PCC, ITW, Alcoa, Araymond, LISI, STANLEY, Fontana Gruppo, Shanghai PMC (Nedschroef), NORMA, Aoyama Seisakusho, KAMAX, Agrati Group, Meidoh, NAFCO, Gem-Year, Bulten, Boltun
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Fastening Material Market Report Segments:
The global Fastening Material market is segmented on the basis of:
Types
Steel Type, Copper Type, Aluminum Type, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive Industry, Electric & Electronics, Machinery Industry, Construction Industry
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Wurth
- PCC
- ITW
- Alcoa
- Araymond
- LISI
- STANLEY
- Fontana Gruppo
- Shanghai PMC (Nedschroef)
- NORMA
- Aoyama Seisakusho
- KAMAX
- Agrati Group
- Meidoh
- NAFCO
- Gem-Year
- Bulten
- Boltun
Highlights of The Fastening Material Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Steel Type
- Copper Type
- Aluminum Type
- Other
- By Application:
- Automotive Industry
- Electric & Electronics
- Machinery Industry
- Construction Industry
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fastening Material Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fastening material is the type of material used to secure objects together. Common fastening materials include screws, nails, and adhesives.
Some of the major companies in the fastening material market are Wurth, PCC, ITW, Alcoa, Araymond, LISI, STANLEY, Fontana Gruppo, Shanghai PMC (Nedschroef), NORMA, Aoyama Seisakusho, KAMAX, Agrati Group, Meidoh, NAFCO, Gem-Year, Bulten, Boltun.
The fastening material market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fastening Material Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Fastening Material Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fastening Material Market - Supply Chain
4.5. Global Fastening Material Market Forecast
4.5.1. Fastening Material Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fastening Material Market Size (000 Units) and Y-o-Y Growth
4.5.3. Fastening Material Market Absolute $ Opportunity
5. Global Fastening Material Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Fastening Material Market Size and Volume Forecast by Type
5.3.1. Steel Type
5.3.2. Copper Type
5.3.3. Aluminum Type
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fastening Material Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Fastening Material Market Size and Volume Forecast by Application
6.3.1. Automotive Industry
6.3.2. Electric & Electronics
6.3.3. Machinery Industry
6.3.4. Construction Industry
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fastening Material Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Fastening Material Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Fastening Material Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Fastening Material Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Fastening Material Demand Share Forecast, 2019-2026
9. North America Fastening Material Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Fastening Material Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Fastening Material Market Size and Volume Forecast by Application
9.4.1. Automotive Industry
9.4.2. Electric & Electronics
9.4.3. Machinery Industry
9.4.4. Construction Industry
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Fastening Material Market Size and Volume Forecast by Type
9.7.1. Steel Type
9.7.2. Copper Type
9.7.3. Aluminum Type
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Fastening Material Demand Share Forecast, 2019-2026
10. Latin America Fastening Material Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Fastening Material Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Fastening Material Market Size and Volume Forecast by Application
10.4.1. Automotive Industry
10.4.2. Electric & Electronics
10.4.3. Machinery Industry
10.4.4. Construction Industry
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Fastening Material Market Size and Volume Forecast by Type
10.7.1. Steel Type
10.7.2. Copper Type
10.7.3. Aluminum Type
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Fastening Material Demand Share Forecast, 2019-2026
11. Europe Fastening Material Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Fastening Material Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Fastening Material Market Size and Volume Forecast by Application
11.4.1. Automotive Industry
11.4.2. Electric & Electronics
11.4.3. Machinery Industry
11.4.4. Construction Industry
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Fastening Material Market Size and Volume Forecast by Type
11.7.1. Steel Type
11.7.2. Copper Type
11.7.3. Aluminum Type
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Fastening Material Demand Share, 2019-2026
12. Asia Pacific Fastening Material Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Fastening Material Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Fastening Material Market Size and Volume Forecast by Application
12.4.1. Automotive Industry
12.4.2. Electric & Electronics
12.4.3. Machinery Industry
12.4.4. Construction Industry
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Fastening Material Market Size and Volume Forecast by Type
12.7.1. Steel Type
12.7.2. Copper Type
12.7.3. Aluminum Type
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Fastening Material Demand Share, 2019-2026
13. Middle East & Africa Fastening Material Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Fastening Material Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Fastening Material Market Size and Volume Forecast by Application
13.4.1. Automotive Industry
13.4.2. Electric & Electronics
13.4.3. Machinery Industry
13.4.4. Construction Industry
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Fastening Material Market Size and Volume Forecast by Type
13.7.1. Steel Type
13.7.2. Copper Type
13.7.3. Aluminum Type
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Fastening Material Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Fastening Material Market: Market Share Analysis
14.2. Fastening Material Distributors and Customers
14.3. Fastening Material Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Wurth
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. PCC
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ITW
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Alcoa
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Araymond
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. LISI
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. STANLEY
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Fontana Gruppo
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Shanghai PMC (Nedschroef)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. NORMA
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Aoyama Seisakusho
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. KAMAX
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Agrati Group
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Meidoh
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. NAFCO
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Gem-Year
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Bulten
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Boltun
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
