Market Overview:
The global building and construction plastic fasteners market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for plastic fasteners in the industrial, residential, and commercial sectors. In terms of type, cable ties are expected to lead the global building and construction plastic fasteners market during the forecast period. This can be attributed to their easy installation and removal, as well as their resistance against corrosion and weathering.
Product Definition:
A plastic fastener is a type of hardware that is used to join two or more pieces of material together. The most common type of plastic fastener is a screw, which can be used to join two pieces of wood, metal, or plastic together. Other types of plastic fasteners include nails, staples, and screws.
Cable Ties:
Cable tie is a plastic device used to secure wires and cables in place. It has a wide range of applications in the building & construction industry ranging from window blinds, HVAC systems, roofing tiles, insulation panels to flooring and wall coverings. The rapid growth of the global construction industry over the past few years can be attributed to population expansion & migration coupled with rising per capita income globally. This factor is expected to drive cable tie demand over the forecast period.
Clips:
Clips are small pieces of metal or plastic that has a spring or elastic attached to it. The main function of clips is to hold smaller parts together while the larger part is being assembled. Clips can be used in conjunction with other fasteners such as screws, nails, and rivets. They are widely used in woodworking and carpentry applications for holding smaller wooden parts together during assembly processes such as bookbinding and furniture making among others.
Application Insights:
The industrial application segment accounted for the largest revenue share of over 40.0% in 2017 and is projected to witness significant growth over the forecast period. The product demand in industrial applications including warehouses, factories, offices, malls and retail stores is expected to increase significantly owing to its ability to resist extreme vibrations, temperature changes and rainwater penetration among others.
Building & construction industry has witnessed tremendous growth due largely on account of rapid urbanization which has resulted in increased need for housing facilities at a reasonable cost coupled with rising awareness regarding energy-efficient building materials that are sustainable across all economies globally. This factor is anticipated to fuel market demand during the forecast period as a result of increasing investments by governments worldwide particularly in emerging economies such as China India etc., on account of infrastructure development needs especially pertaining to transportation systems such as roads railways bridges airports which will eventually drive plastic fasteners consumption rate over the next eight years or so.
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 investments in construction activities has resulted in a growing demand for fasteners across these countries.
The industry growth can also be attributed to favorable government policies that promote manufacturing output through tax benefits and other financial incentives provided by various governments across Asia Pacific region. For instance, according to a white paper published by the World Bank Group titled “Developing Construction & Engineering Goods Market In India†(2017), development of construction products market was one of the key strategies adopted by Indian government between 2014-2020 under their National Development Plan (NDP). Such initiatives are anticipated to boost industry growth over the coming years.
Growth Factors:
- Increasing demand for plastic fasteners in the building and construction industry as a result of their lightweight, corrosion-resistant and durable properties.
- Growing popularity of modular construction as it helps reduce overall project timeframes and costs. Plastic fasteners are particularly beneficial in modular construction as they help connect different modules quickly and easily without the need for welding or drilling.
- Rising demand from emerging markets such as China, India, Brazil and Mexico due to their growing economies and increasing infrastructure development activities.
- Proliferation of DIY (Do It Yourself) culture among consumers who are increasingly opting for home improvement projects that require the use of plastic fasteners.
Scope Of The Report
Report Attributes
Report Details
Report Title
Building and Construction Plastic Fasteners Market Research Report
By Type
Cable Ties, Clips, Rivets, Grommets
By Application
Industrial, Residential, Commercial
By Companies
Illinois Tool Works Incorporated (ITW), Nippon Industrial Fasteners Company (Nifco), ATF, Stanley Black & Decke, MW Industries, Penn Engineering, Bossard, Avery Dennison Corporation, Araymond, Shanghai Fasteners Company
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
191
Number of Tables & Figures
134
Customization Available
Yes, the report can be customized as per your need.
Global Building and Construction Plastic Fasteners Market Report Segments:
The global Building and Construction Plastic Fasteners market is segmented on the basis of:
Types
Cable Ties, Clips, Rivets, Grommets
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
Industrial, Residential, Commercial
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:
- Illinois Tool Works Incorporated (ITW)
- Nippon Industrial Fasteners Company (Nifco)
- ATF
- Stanley Black & Decke
- MW Industries
- Penn Engineering
- Bossard
- Avery Dennison Corporation
- Araymond
- Shanghai Fasteners Company
Highlights of The Building and Construction Plastic Fasteners 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:
- Cable Ties
- Clips
- Rivets
- Grommets
- By Application:
- Industrial
- Residential
- Commercial
- 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 Building and Construction Plastic Fasteners 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
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- Consumer Insights
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- Product & Brand Management
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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?
Building and construction plastic fasteners are a type of plastic fastener that is made from a thermoplastic material. They are used to connect pieces of plastic or metal together.
Some of the key players operating in the building and construction plastic fasteners market are Illinois Tool Works Incorporated (ITW), Nippon Industrial Fasteners Company (Nifco), ATF, Stanley Black & Decke, MW Industries, Penn Engineering, Bossard, Avery Dennison Corporation, Araymond, Shanghai Fasteners Company.
The building and construction plastic fasteners market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Building and Construction Plastic Fasteners Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Building and Construction Plastic Fasteners Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Building and Construction Plastic Fasteners Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Building and Construction Plastic Fasteners Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Building and Construction Plastic Fasteners Market Size & Forecast, 2020-2028
4.5.1 Building and Construction Plastic Fasteners Market Size and Y-o-Y Growth
4.5.2 Building and Construction Plastic Fasteners Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Cable Ties
5.2.2 Clips
5.2.3 Rivets
5.2.4 Grommets
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Residential
6.2.3 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Building and Construction Plastic Fasteners Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Building and Construction Plastic Fasteners Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Cable Ties
9.6.2 Clips
9.6.3 Rivets
9.6.4 Grommets
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Residential
9.10.3 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Cable Ties
10.6.2 Clips
10.6.3 Rivets
10.6.4 Grommets
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Residential
10.10.3 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Cable Ties
11.6.2 Clips
11.6.3 Rivets
11.6.4 Grommets
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Residential
11.10.3 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Cable Ties
12.6.2 Clips
12.6.3 Rivets
12.6.4 Grommets
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Residential
12.10.3 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Cable Ties
13.6.2 Clips
13.6.3 Rivets
13.6.4 Grommets
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Residential
13.10.3 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Building and Construction Plastic Fasteners Market: Competitive Dashboard
14.2 Global Building and Construction Plastic Fasteners Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Illinois Tool Works Incorporated (ITW)
14.3.2 Nippon Industrial Fasteners Company (Nifco)
14.3.3 ATF
14.3.4 Stanley Black & Decke
14.3.5 MW Industries
14.3.6 Penn Engineering
14.3.7 Bossard
14.3.8 Avery Dennison Corporation
14.3.9 Araymond
14.3.10 Shanghai Fasteners Company
