Market Overview:
The global marine fastener 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 marine fasteners from commercial and special purpose applications. In terms of type, the steel type segment is expected to lead the global marine fastener market during the forecast period, followed by copper type and aluminum type segments. The North America region is expected to dominate the global marine fastener market during 2018-2030, followed by Europe and Asia Pacific regions.
Product Definition:
A marine fastener is a type of hardware used to join two or more pieces of metal together. Marine fasteners are specifically designed to withstand the harsh environment of the ocean, making them ideal for use in boatbuilding and other maritime applications. Common types of marine fasteners include bolts, screws, nails, and rivets.
Steel Type:
Steel type is a classification of steel based on its carbon content. There are three main types of steels, namely low carbon (LC), medium carbon (MC) and high carbon (HC). The different properties exhibited by the steels depending upon their grade. Low and medium-carbon steels have good toughness and ductility whereas high-carbon has excellent strength but poor toughness.
Cooper Type:
Cooper type is a classification of fasteners used in woodworking. It includes two types, namely, aluminum-zinc coated and stainless steel-based. The product finds application in joining of wood parts and also has high tensile strength as compared to other conventional fasteners including bolts & screws.
Application Insights:
The commercial application segment held the largest share of over 60.0% in 2017. The rising importance of durability and strength in the marine industry is expected to drive product demand for this application over the forecast period. Marine fasteners are used in a variety of applications including decking, bulkheads, furniture, cabinetry and walls among others on account of their corrosion resistance ability as well as aesthetic appeal.
Special purpose applications include subsea wellscrapers, pipelines among others which require extra strong nuts & bolts for supporting heavy weight during installation or maintenance operations on board ships & rigs at sea level where there is little to no land mass nearby offering support to vessels from below The Asia Pacific region is anticipated to witness significant growth owing to increasing offshore oil exploration activities coupled with rising disposable income levels particularly in China India Japan.
Regional Analysis:
Asia Pacific dominated the global marine fastener 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. Growing industrialization coupled with increasing foreign investments in these countries has resulted in an increased demand for fasteners across various industries. Furthermore, rising disposable income levels are anticipated to fuel product demand over the next eight years.
Europe was estimated at USD X million in 2017 owing to high automotive production coupled with a well-established manufacturing base of aerospace equipment and components within U.K., Germany and France among other countries as per IATAŽs Aviation Outlook 2018’ published by International Air Transport Association (IATA).
Growth Factors:
- Increasing demand for marine fasteners in the construction and infrastructure sectors
- Rising popularity of lightweight fasteners in marine applications
- Growing demand for high-performance fasteners in the maritime industry
- Proliferation of advanced manufacturing technologies and processes
- Emergence of new application areas for marine fasteners
Scope Of The Report
Report Attributes
Report Details
Report Title
Marine Fastener Market Research Report
By Type
Steel Type, Cooper Type, Aluminum Type, Other
By Application
Commercial, Special Purpose
By Companies
Go2marine, Bainbridge, Fasco Fastener, Handiman, Harken, West Marine, Marine Fasteners, Shanghai Prime Machinery, Gem-Year, Boltun, Changshu City Standard Parts, Xingyi Fasteners, Jiaxing Brother, Ningbo Jinding, Zhejiang Zhapu, Tianbao Fastener, Tong Hwei, Ruibiao, SHBC, Xinxing Fasteners, Fasteners Breakdown Data by Type
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Marine Fastener Market Report Segments:
The global Marine Fastener 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
Commercial, Special Purpose
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:
- Go2marine
- Bainbridge
- Fasco Fastener
- Handiman
- Harken
- West Marine
- Marine Fasteners
- Shanghai Prime Machinery
- Gem-Year
- Boltun
- Changshu City Standard Parts
- Xingyi Fasteners
- Jiaxing Brother
- Ningbo Jinding
- Zhejiang Zhapu
- Tianbao Fastener
- Tong Hwei
- Ruibiao
- SHBC
- Xinxing Fasteners
- Fasteners Breakdown Data by Type
Highlights of The Marine 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
- Cooper Type
- Aluminum Type
- Other
- By Application:
- Commercial
- Special Purpose
- 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 Marine 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?
A marine fastener is a type of fastener specifically designed for use in maritime applications. Marine fasteners include screws, bolts, and nails.
Some of the key players operating in the marine fastener market are Go2marine, Bainbridge, Fasco Fastener, Handiman, Harken, West Marine, Marine Fasteners, Shanghai Prime Machinery, Gem-Year, Boltun, Changshu City Standard Parts, Xingyi Fasteners, Jiaxing Brother, Ningbo Jinding, Zhejiang Zhapu, Tianbao Fastener, Tong Hwei, Ruibiao, SHBC, Xinxing Fasteners, Fasteners Breakdown Data by Type.
The marine fastener market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Marine 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. Marine Fastener Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Marine Fastener Market - Supply Chain
4.5. Global Marine Fastener Market Forecast
4.5.1. Marine Fastener Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Marine Fastener Market Size (000 Units) and Y-o-Y Growth
4.5.3. Marine Fastener Market Absolute $ Opportunity
5. Global Marine 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. Marine Fastener 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 Marine 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. Marine Fastener Market Size and Volume Forecast by Application
6.3.1. Commercial
6.3.2. Special Purpose
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Marine 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. Marine 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 Marine 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. Marine 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 Marine Fastener Demand Share Forecast, 2019-2026
9. North America Marine 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 Marine 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 Marine Fastener Market Size and Volume Forecast by Application
9.4.1. Commercial
9.4.2. Special Purpose
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Marine Fastener 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 Marine Fastener Demand Share Forecast, 2019-2026
10. Latin America Marine 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 Marine 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 Marine Fastener Market Size and Volume Forecast by Application
10.4.1. Commercial
10.4.2. Special Purpose
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Marine Fastener 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 Marine Fastener Demand Share Forecast, 2019-2026
11. Europe Marine 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 Marine 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 Marine Fastener Market Size and Volume Forecast by Application
11.4.1. Commercial
11.4.2. Special Purpose
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Marine Fastener 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 Marine Fastener Demand Share, 2019-2026
12. Asia Pacific Marine 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 Marine 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 Marine Fastener Market Size and Volume Forecast by Application
12.4.1. Commercial
12.4.2. Special Purpose
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Marine Fastener 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 Marine Fastener Demand Share, 2019-2026
13. Middle East & Africa Marine 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 Marine 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 Marine Fastener Market Size and Volume Forecast by Application
13.4.1. Commercial
13.4.2. Special Purpose
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Marine Fastener 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 Marine Fastener Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Marine Fastener Market: Market Share Analysis
14.2. Marine Fastener Distributors and Customers
14.3. Marine Fastener Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Go2marine
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bainbridge
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Fasco Fastener
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Handiman
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Harken
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. West Marine
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Marine Fasteners
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Shanghai Prime Machinery
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Gem-Year
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Boltun
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Changshu City Standard Parts
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Xingyi Fasteners
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Jiaxing Brother
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Ningbo Jinding
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Zhejiang Zhapu
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Tianbao Fastener
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Tong Hwei
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Ruibiao
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. SHBC
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Xinxing Fasteners
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook