Market Overview:
The global hardware fastener market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in the hardware fastener market can be attributed to the increasing demand from various end-use industries such as automotive, electric & electronics, machinery industry, construction industry and aerospace. In terms of type, the steel type segment is expected to dominate the global hardware fastener market during the forecast period owing to its high strength and durability. However, copper type is projected to grow at a highest CAGR over the forecast period due to its properties such as corrosion resistance and thermal conductivity.
Product Definition:
A hardware fastener is a device that holds materials together. There are many different types of hardware fasteners, but they all have one common purpose: to hold materials together. Hardware fasteners vary in size, shape, and strength, but all are designed to do the same job.
Steel Type:
Steel type is a classification of steel based on its carbon content. There are three main types of steels, namely, low alloy (laser), semi-high carbon (martensitic) and high carbon (corten). The demand for fasteners in the industrial equipment industry has been increasing over the past few years owing to their application in various components including machine parts, such as nuts & bolts and welded joints.
Copper Type:
Copper type is a category of fasteners that are made from copper and have different types based on their applications. Copper fasteners can be further categorized into two broad categories, mechanical fasteners and solders. The most common uses for copper-based hardware include building & construction, automotive, packaging & material handling equipment manufacturing industries.
Application Insights:
The automotive industry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The growth of this market can be attributed to increasing production of electric vehicles (EVs) and hybrid vehicles across the globe. Hardware such as nuts, bolts, screws, rivets and grommets are used in various components of an automobile including body panels, interior trim pieces & switches etc.
Hardware used in aircraft includes nuts & bolts for assembling & disassembling parts together as well as fasteners for sealing gaps between parts or attaching wings on a jet engine. Other hardware types include screws with special heads that help prevent damage when drilling into fragile materials like carbon fiber or composites etc., which are increasingly being utilized by manufacturers across all industries.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing per capita income, changing lifestyle, and rising investments in construction and manufacturing sectors. Increasing demand for consumer electronics such as smartphones and laptops has led to increased production of electronic components in Asia Pacific countries such as China, Japan, South Korea, India among others. This is anticipated to drive the regional market growth over the forecast period.
Europe was valued at USD X billion in 2017 owing to high product demand from key application industries including automotive; household appliances; construction materials; electrical & electronics products among others. Countries including Germany are expected witness high product demand on account of growing automobile industry coupled with a strong presence of domestic manufacturers like Volkswagen Group (VW), BMW AG., Daimler AG.
Growth Factors:
- Increasing demand from construction and automotive industries
- Growing popularity of fastening systems in aerospace and defense sectors
- Rising need for lightweight and durable fasteners in the electronics industry
- Proliferation of e-commerce platforms that offer a wide range of hardware fasteners at competitive prices
- Technological advancements that have led to the development of new types of fasteners
Scope Of The Report
Report Attributes
Report Details
Report Title
Hardware Fastener Market Research Report
By Type
Steel Type, Copper Type, Aluminum Type, Other
By Application
Automotive Industry, Electric & Electronics, Machinery Industry, Construction Industry, Aerospace, Others
By Companies
Wurth, PCC, ITW, Arconic, Araymond, LISI, STANLEY, Fontana Group, Shanghai PMC (Nedschroef), BOSSARD, Aoyama Seisakusho, KAMAX, Agrati Group, Meidoh, NAFCO, Gem-Year, Bulten, Boltun, TR Fastening, Sundram Fasteners Limited
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Hardware Fastener Market Report Segments:
The global Hardware Fastener 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, Aerospace, Others
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
- Arconic
- Araymond
- LISI
- STANLEY
- Fontana Group
- Shanghai PMC (Nedschroef)
- BOSSARD
- Aoyama Seisakusho
- KAMAX
- Agrati Group
- Meidoh
- NAFCO
- Gem-Year
- Bulten
- Boltun
- TR Fastening
- Sundram Fasteners Limited
Highlights of The Hardware Fastener 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
- Aerospace
- Others
- 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 Hardware Fastener 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.
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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?
Hardware fastener is a type of fastener that uses screws, nails, or bolts to attach pieces of hardware together.
Some of the major players in the hardware fastener market are Wurth, PCC, ITW, Arconic, Araymond, LISI, STANLEY, Fontana Group, Shanghai PMC (Nedschroef), BOSSARD, Aoyama Seisakusho, KAMAX, Agrati Group, Meidoh, NAFCO, Gem-Year, Bulten, Boltun, TR Fastening, Sundram Fasteners Limited.
The hardware fastener market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hardware Fastener 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. Hardware Fastener Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hardware Fastener Market - Supply Chain
4.5. Global Hardware Fastener Market Forecast
4.5.1. Hardware Fastener Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hardware Fastener Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hardware Fastener Market Absolute $ Opportunity
5. Global Hardware Fastener 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. Hardware Fastener 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 Hardware Fastener 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. Hardware Fastener 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
6.3.5. Aerospace
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hardware Fastener 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. Hardware Fastener 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 Hardware Fastener 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. Hardware Fastener 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 Hardware Fastener Demand Share Forecast, 2019-2026
9. North America Hardware Fastener 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 Hardware Fastener 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 Hardware Fastener 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
9.4.5. Aerospace
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hardware Fastener 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 Hardware Fastener Demand Share Forecast, 2019-2026
10. Latin America Hardware Fastener 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 Hardware Fastener 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 Hardware Fastener 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
10.4.5. Aerospace
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hardware Fastener 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 Hardware Fastener Demand Share Forecast, 2019-2026
11. Europe Hardware Fastener 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 Hardware Fastener 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 Hardware Fastener 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
11.4.5. Aerospace
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hardware Fastener 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 Hardware Fastener Demand Share, 2019-2026
12. Asia Pacific Hardware Fastener 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 Hardware Fastener 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 Hardware Fastener 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
12.4.5. Aerospace
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hardware Fastener 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 Hardware Fastener Demand Share, 2019-2026
13. Middle East & Africa Hardware Fastener 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 Hardware Fastener 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 Hardware Fastener 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
13.4.5. Aerospace
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hardware Fastener 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 Hardware Fastener Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hardware Fastener Market: Market Share Analysis
14.2. Hardware Fastener Distributors and Customers
14.3. Hardware Fastener 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. Arconic
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 Group
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. BOSSARD
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. TR Fastening
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Sundram Fasteners Limited
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook