Dublin, March 14, 2019 (GLOBE NEWSWIRE) -- The "Industrial Fasteners Market Size, Share & Trends Analysis Report By Raw Material, By Product (Externally Threaded, Internally Threaded, Non-Threaded, Aerospace Grade), By Application, And Segment Forecasts, 2019 - 2025" report has been added to ResearchAndMarkets.com's offering.
The global industrial fasteners market size is expected to reach USD 101.05 billion by 2025. It is projected to register a CAGR of 3.9% over the forecast period.
Increasing mechanization and industrialization globally, demand numerous machinery and equipment, which is expected to propel the growth over the projected period.
Traditionally, Asia Pacific has been the largest fastener producer in the world owing to easy supply of raw material, supportive government policies and the availability of skilled labor and land in the region. However, a major chunk of Asian players serves local markets, owing to an insignificant distribution network, which limits their growth in the international market.
The market is highly competitive in terms of product variation and pricing. The major industry players are benefitted by their well-established buyer base and goodwill in the market. However, rising consumer demand for innovative, high strength, and application-specific fasteners is expected to open new opportunities for emerging players.
Specialty fasteners is the latest trend in the market, which enables custom manufacturing to meet desired product specifications given by users. Aerospace has been the largest application segment for these products, wherein they are primarily manufactured using alloy steel, titanium, and aluminum and need to comply with standards including AS, NFL, AN, MS and NAS.
Further key findings from the report suggest:
- Demand for plastic fasteners in Europe is expected to expand at a CAGR of 4.4% over the forecast period, owing to increasing product penetration in the automotive industry to replace metal fasteners
- Externally threaded fasteners held the highest market share in China, accounting for 54.2%, on account of their high demand for manufacturing industrial machinery and consumer appliances
- Aerospace industry in U.S. is inclusive of major aerospace companies including Boeing, Lockheed Martin, and GE Aviation, and consumed fasteners worth USD 1.91 billion in 2017
- Demand for fasteners in building and construction in Germany was valued at USD 481.4 million, however, it is likely to get affected by the rising substitution by adhesives and sealants
- Manufacturers are aiming to achieve optimum business growth by implementing strategies including acquisition, joint venture, capacity expansion, new product development, promotion of key product brands, and significant investments in R&D
Topics Covered
Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope and Assumptions
1.3 List of Data Sources
Chapter 2 Executive Summary
Chapter 3 Global Industrial Fasteners Market Scenario
3.1 Industrial fasteners overview
3.2 Global Industrial Fasteners: Market snapshot
Chapter 4 Market Variables, Trends and Scope
4.1 Global Industrial Fasteners: Market Segmentation
4.2 Global Industrial Fasteners Market - Penetration and Growth Prospect Mapping
4.3 Raw Material Analysis
4.3.1 Metal Fasteners:
4.3.1.1 Stainless Steel
4.3.1.2 Bronze
4.3.1.3 Cast Iron
4.3.1.4 SuperAlloys
4.3.1.5 Titanium
4.3.2 Plastic Fasteners:
4.3.2.1 Polycarbonate
4.3.2.2 Nylon
4.3.2.3 Polyvinyl Chloride (PVC)
4.3.2.4 Polyethylene
4.3.2.5 Acrylamide
4.4 Global Industrial Fasteners Market - Value Chain Analysis
4.5 Technology framework
4.5.1 Fasteners Production Technologies
4.5.1.1 Casting:
4.5.1.2 Forming
4.5.1.2.1 Cold Forming
4.5.1.2.2 Hot Forming
4.5.2 Machining
4.5.3 Thread production
4.5.4 Injection Molding Technology For Plastic Fasteners
4.5.4.1 Heat treatments used in the fastener manufacturing process
4.5.5 Prevailing technology in the fasteners market and upcoming technological advancements by key fastener players
4.6 Global Industrial Fasteners: Market Dynamics
4.6.1 Macroeconomic factors in the key industrial fastener markets
4.6.1.1 U.S.
4.6.1.2 Europe
4.6.1.3 China
4.6.1.4 India
4.6.1.5 Japan
4.6.2 Other Asian Countries
4.6.3 Market Driver Analysis
4.6.3.1 Increasing Automotive Production In Asia Pacific
4.6.3.2 Rapid Developments In Building & Construction Sector
4.6.3.3 Growing Demand For Fasteners In Aerospace Industry
4.6.4 Market restraint Analysis
4.6.4.1 Rising market share of Ssubstitues
4.7 Fastener Industry Trends and Dynamics
4.7.1 Internal substitution of metal fasteners by plastic fasteners in automotive applications
4.7.2 High investment risk for manufacturers
4.7.3 Non Reusability of Fasteners
4.7.4 Hybrid Fasteners in demand
4.7.5 Automation in the process
4.7.6 Miniature fastener
4.8 Global industrial fasteners market: Imports & exports trade analysis
4.9 Global Industrial Fasteners Market - Porter's Analysis
4.10 Global Industrial Fasteners Market - PESTLE Analysis
Chapter 5 Global Specialty Fasteners Market Overview
5.1 Global Specialty Fasteners Market Scenario:
5.2 Global Specialty Fasteners market estimates and forecasts, 2014 - 2025 (USD Million)
5.2.1 Global Speciality Fasteners market estimates and forecasts, by region, 2014 - 2025 (USD Million)
5.3 List of Specialty Fastener Manufacturers:
5.4 Strategic Initiatives in Specialty Fastener Industry:
Chapter 6 Global Industrial Fasteners Market: Raw Material Estimates & Trend Analysis
6.1 Global industrial fasteners market: Raw material movement analysis, 2017 & 2025
6.2 Metal Fasteners
6.3 Plastic Fasteners
Chapter 7 Global Industrial Fasteners Market: Product Estimates & Trend Analysis
7.1 Global industrial fasteners market: Product movement analysis, 2017 & 2025
7.2 Externally threaded fasteners
7.3 Internally threaded fasteners
7.4 Non- threaded fasteners
7.5 Aerospace grade fasteners
Chapter 8 Global Industrial Fasteners Market: Application Estimates & Trend Analysis
8.1 Global industrial fasteners market: Application movement analysis, 2017 & 2025
8.2 Automotive
8.3 Aerospace
8.4 Building & Construction
8.5 Industrial Machinery
8.6 Home appliances
8.7 Lawns and gardens
8.8 Motors and pumps
8.9 Furniture
8.10 Plumbing Products
8.11 Others
Chapter 9 Global Industrial Fasteners Market: Regional Estimates & Trend Analysis
9.1 Global Industrial Fasteners Market: Regional Movement Analysis & Market Share, 2017 & 2025
9.2 North America
9.3 Europe
9.4 Asia Pacific
9.5 Central & South America
9.6 Middle East & Africa
Chapter 10 Competitive Landscape
10.1 Vendor Landscape
10.2 Competitive Environment
10.3 Competitive Market Positioning
Chapter 11 Company Profiles
11.1 Arconic Fastening Systems and Rings
11.2 Acument Global Technologies, Inc.
11.3 ATF, Inc.
11.4 Dokka Fasteners A S
11.5 LISI Group - Link Solutions for Industry
11.6 Nippon Industrial Fasteners Company (Nifco)
11.7 Hilti Corporation
11.8 MW Industries, Inc.
11.9 Birmingham Fastener and Supply, Inc.
11.10 SESCO Industries, Inc.
11.11 Elgin Fastener Group LLC
11.12 Rockford Fastener, Inc.
11.13 Slidematic Precision Components, Inc.
11.14 Manufacturing Associates, Inc.
11.15 Eastwood Manufacturing
11.16 Brunner Manufacturing Co., Inc.
11.17 Decker Industries Corporation
11.18 Penn Engineering & Manufacturing Corporation
11.19 EJOT
11.20 Illinois Tool Works, Inc.
11.21 Stanley Black & Decker, Inc.
11.22 KOVA Fasteners Pvt. Ltd.
11.23 Standard Fasteners Ltd.
11.24 Precision Castparts Corp.
For more information about this report visit https://www.researchandmarkets.com/research/5934n5/industrial?w=12
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