Industrial Fasteners Market, By Commodity (Bolts, Nuts, Screws, Washers, Rivets, and Others), By Pro

Published Date: | Report Code : EQ1946747

X

Market Dynamics:

The Industrial Fasteners Market is expected to promise high growth owing to increasing demand for automotive and construction industries in recent years. Increasing demand from Applications including Automotive OEM, Machinery OEM, Fabricated Metal Products, and Construction is expected to drive the growth of the industrial fasteners market. This market has witnessed a number of key developments by major companies including Acument Global Technologies Inc., Arconic Inc., Bulten AB, STANLEY Engineered Fastening, Fortana Group, and others with a focus on organic as well as inorganic growth strategies. Developing regions including the Asia Pacific and the Middle East have been among the high potential markets with high growth in some of the key economies.

Industrial fasteners are of high-quality that is impact resistant in heavy-duty applications. These fasteners are used in multiple applications of various industries such as the automobile industry and in seagoing and construction projects.

Segment Insights:

The global industrial fasteners market has been segmented on the basis of commodity, product, and application. On the basis of commodity, the market has been segmented into bolts, nuts, screws, washers, rivets, and others. Bolts and nuts segments are expected to grow consistently due to their increasing application in various sectors such as automotive and construction. The increase in the production of different types of commercial vehicles such as medium, heavy, and light commercial, machines, and related tools is leading to the demand for industrial fasteners.

Moreover, rising investments in the defense sector, along with the need to improve aircraft used in the defense sector in numerous countries such as South Korea, China, South Africa, and India, is expected to augment the growth of the global industrial fasteners market.

Key Factors Impacting Market Growth:

  • Growing demand from the automotive and construction industries
  • Rising prices of metals
  • Availability of substitutes 

Regional Analysis:

Major regions for the industrial fasteners market are estimated to North America, Western Europe, and the Asia Pacific. North America and Western Europe have been traditional markets for industrial fasteners owing to the strong presence of the industrial sector. The industrial sector has been one of the key contributors to the economies in these regions. Major industries in these regions are estimated to be automotive OEM, machinery OEM, fabricated metal products, and construction. These industries have an established base resulting in stable market demand. Moreover, most of these industries have been witnessing a transition in terms of product development and production methods. These factors are expected to drive the demand for the industrial fasteners market in North America and Western Europe region. Major markets by country in these regions include the US, Germany, France, UK, Canada, Spain, and others. 

The Asia Pacific and the Middle East region has witnessed tremendous growth of the industrial sector in recent years. Major companies operating in this market have made strategic developments to improve market presence in these regions. In addition to this, some of the fastest growing economies including China and India have been major markets for various end-use industries including building & construction, automotive, healthcare, manufacturing, and so on. Among these industries, automotive OEM, machinery OEM, fabricated metal products, and construction are estimated to register high demand for industrial fasteners market during the forecast period. On the other hand, the Middle East region has witnessed diversification in terms of industrial outlook in recent decades. UAE, Saudi Arabia, Qatar, and others have been instrumental in promoting the development of various industries including building & construction, pharmaceuticals, automotive, and so on. This is expected to drive the growth of the industrial fasteners market directly or indirectly in the region. Eastern Europe consisting of Russia and Turkey promises a stable demand for the industrial fasteners market during the forecast period. The rest of the World including South America and Africa are estimated to be a developing market with strong potential in the strategic future.

Companies Covered: Acument Global Technologies Inc., Arconic Inc., Bulten AB, STANLEY Engineered Fastening, Fortana Group, Hilti Corporation, LISI Group, MacLean-Fogg Company, MISUMI Group Inc., Nifco Inc., Precision Castparts Corp., The SFS Group, A&G Fasteners, and SA Fasteners...

Market Segmentation:

By Commodity:

  • Bolts
  • Nuts
  • Screws
  • Washers
  • Rivets
  • Others

By Product:

  • Externally Threaded
  • Internally Threaded
  • Non-Threaded
  • Aerospace Grade

By Application:

  • Automotive OEM
  • Machinery OEM
  • Fabricated Metal Products
  • Construction
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Commodity
    • By Product
    • By Application
  • Western Europe
    • By Country (Germany, UK, France, Spain, Rest of Western Europe)
    • By Commodity
    • By Product
    • By Application
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Commodity
    • By Product
    • By Application
  • Asia Pacific
    • By Country (China, Japan, India, Rest of Asia Pacific)
    • By Commodity
    • By Product
    • By Application
  • Middle East
    • By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
    • By Commodity
    • By Product
    • By Application
  • Rest of the World
    • By Region (South America, Africa)
    • By Commodity
    • By Product
    • By Application

Reasons to Buy This Report:

  • Market size estimation of the industrial fasteners market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

For more information, contact: [email protected]

 

License Offering

Single User (PDF)

3850

Multi User (PDF)

5150

Enterprise User (PDF)

7650

 Regional Analysis

Your personal details are secure. Privacy Policy

Buy Chapters of Sections

Avail customized purchase options to meet your exact research needs.

  • Buy sections of this report
  • Buy country level reports
  • Request for historical data
  • Request discounts available for Start-Ups & Universities
Detailed Coverage

Detailed scope covering all the major segments in the market

Meticulous Data Validations

In line data validations to ensure data precision

Recommendations

Market recommendations supporting decision making processes

Analyst Support

Round the clock analyst support to resolve your queries

Free Customization

Up to 15% additional free customization to meet your specific requirements

15% Free Customization

Share your Requirements

Questions?  Speak to an Analyst

Your personal details are secure. Privacy Policy