Market Overview:
The global industrial fasteners market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for industrial fasteners from various end-use industries, such as automotive, electric & electronics, machinery industry, construction industry and MRO (maintenance, repair and operations). In addition, the growing demand for lightweight and high-strength fasteners is also contributing to the growth of this market. Based on type, steel typefasteners are expected to account for a major share of the global industrial fastener market in 2018. This can be attributed to their high strength and durability as comparedto other types offasteners. Cooper typefasteners are projectedto registerthe highest CAGR duringthe forecast period due their properties such as corrosion resistanceand electrical conductivity.
Product Definition:
A fastener is a hardware device that mechanically joins or affixes two or more objects together. The most common use of fasteners is to hold two objects together by passing a threaded rod through them. Industrial fasteners are those used in heavy-duty applications, such as in manufacturing and construction. They include screws, bolts, nuts, washers, and pins. Industrial fasteners are important because they provide a means of joining materials together securely and efficiently.
Steel Type:
Steel type is a classification of steel based on its carbon content. There are many types of steels, such as low carbon (LC), medium carbon (MC), and high carbon (HC) which are differentiated by the range in percentage composition from 0% to 100%. The common types used in industrial applications include low alloy, stainless steel, and cast iron.
Cooper Type:
Cooper type is a classification of fasteners based on their cross-sectional shape. Cooper fasteners are available in a wide range of shapes and sizes, which can be further classified into J-head, T-head, M-head and square nuts & bolts.
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. EV production is largely dependent upon domestic demand as well as foreign trade agreements, which often leads to volatility in prices and exchange rates. As a result, fluctuations in currency exchange rates may impact overall industrial fastener consumption trends negatively or positively.
In terms of revenue, Asia Pacific will continue being the dominant region throughout the forecast period owing to high manufacturing activities across various industries such as automotive/transportation; electrical & electronics; machinery; construction materials handling equipment etc., especially China India Japan Australia South Korea Indonesia Malaysia Philippines Thailand Vietnam Africa Brazil Colombia Mexico U.S.
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, Malaysia and Vietnam. These countries are witnessing strong economic growth owing to various factors such as increasing population and consumer disposable income levels coupled with government initiatives for infrastructure development. Moreover, rising investments in construction activities by foreign players are anticipated to drive industry expansion over the coming years.
The Asia Pacific has been one of the most impacted regions by COVID-19; however it is slowly recovering from this pandemic due to which production activities have come at a halt or slowed down considerably across various industries including automotive & transportation; building & construction materials; electrical & electronics products manufacturing etc., thereby hampering market growth in these sectors on a macro level across this region. However some signs of recovery can be seen on micro levels where demand for fasteners increased after lockdown imposed upon certain cities was lifted (for example: Bangalore).
Growth Factors:
- Increasing demand from the automotive and construction industries
- Growing popularity of fasteners made of advanced materials such as titanium and stainless steel
- Rising demand for customized fasteners to meet specific requirements of end-use applications
- Proliferation of new technologies that are helping to improve the performance and efficiency of industrial fasteners
- Growing awareness about the benefits offered by industrial fasteners among end-users
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Fasteners Market Research Report
By Type
Steel Type, Cooper Type, Aluminum Type, Other
By Application
Automotive Industry, Electric & Electronics, Machinery Industry, Construction Industry, MRO (Maintenance, repair, and operations), Others
By Companies
Würth, 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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Fasteners Market Report Segments:
The global Industrial Fasteners market is segmented on the basis of:
Types
Steel Type, Cooper 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, MRO (Maintenance, repair, and operations), 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:
- Würth
- 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 Industrial 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:
- Steel Type
- Cooper Type
- Aluminum Type
- Other
- By Application:
- Automotive Industry
- Electric & Electronics
- Machinery Industry
- Construction Industry
- MRO (Maintenance, repair, and operations)
- 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 Industrial 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.
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- Correctly Positioning New Products
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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?
Industrial fasteners are bolts, screws, nails, and other types of hardware used in industrial settings. They are often used to attach pieces of equipment or materials together.
Some of the major companies in the industrial fasteners market are WƒÂ¼rth, PCC, ITW, Alcoa, Araymond, LISI, STANLEY, Fontana Gruppo, Shanghai PMC (Nedschroef), NORMA, Aoyama Seisakusho, KAMAX, Agrati Group, Meidoh, NAFCO, Gem-Year, Bulten, Boltun.
The industrial fasteners market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Industrial Fasteners 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. Industrial Fasteners Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Industrial Fasteners Market - Supply Chain
4.5. Global Industrial Fasteners Market Forecast
4.5.1. Industrial Fasteners Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Industrial Fasteners Market Size (000 Units) and Y-o-Y Growth
4.5.3. Industrial Fasteners Market Absolute $ Opportunity
5. Global Industrial Fasteners 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. Industrial Fasteners Market Size and Volume Forecast by Type
5.3.1. Steel Type
5.3.2. Cooper 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 Industrial Fasteners 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. Industrial Fasteners 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. MRO (Maintenance, repair, and operations)
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Industrial Fasteners 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. Industrial Fasteners 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 Industrial Fasteners 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. Industrial Fasteners 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 Industrial Fasteners Demand Share Forecast, 2019-2029
9. North America Industrial Fasteners 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 Industrial Fasteners 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 Industrial Fasteners 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. MRO (Maintenance, repair, and operations)
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 Industrial Fasteners Market Size and Volume Forecast by Type
9.7.1. Steel Type
9.7.2. Cooper 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 Industrial Fasteners Demand Share Forecast, 2019-2029
10. Latin America Industrial Fasteners 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 Industrial Fasteners 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 Industrial Fasteners 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. MRO (Maintenance, repair, and operations)
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 Industrial Fasteners Market Size and Volume Forecast by Type
10.7.1. Steel Type
10.7.2. Cooper 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 Industrial Fasteners Demand Share Forecast, 2019-2029
11. Europe Industrial Fasteners 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 Industrial Fasteners 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 Industrial Fasteners 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. MRO (Maintenance, repair, and operations)
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 Industrial Fasteners Market Size and Volume Forecast by Type
11.7.1. Steel Type
11.7.2. Cooper 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 Industrial Fasteners Demand Share, 2019-2029
12. Asia Pacific Industrial Fasteners 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 Industrial Fasteners 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 Industrial Fasteners 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. MRO (Maintenance, repair, and operations)
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 Industrial Fasteners Market Size and Volume Forecast by Type
12.7.1. Steel Type
12.7.2. Cooper 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 Industrial Fasteners Demand Share, 2019-2029
13. Middle East & Africa Industrial Fasteners 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 Industrial Fasteners 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 Industrial Fasteners 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. MRO (Maintenance, repair, and operations)
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 Industrial Fasteners Market Size and Volume Forecast by Type
13.7.1. Steel Type
13.7.2. Cooper 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 Industrial Fasteners Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Industrial Fasteners Market: Market Share Analysis
14.2. Industrial Fasteners Distributors and Customers
14.3. Industrial Fasteners Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Würth
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
