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Industrial Fasteners - Global Market Trajectory & Analytics

  • ID: 338431
  • Report
  • February 2022
  • Region: Global
  • 754 Pages
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Bulten AB
  • Federal Screw Works
  • Infasco
  • LISI Group
  • MNP Corp.
  • Precision Castparts Corp.

Global Industrial Fasteners Market to Reach $92.7 Billion by 2027


Amid the COVID-19 crisis, the global market for Industrial Fasteners estimated at US$69.6 Billion in the year 2020, is projected to reach a revised size of US$92.7 Billion by 2027, growing at aCAGR of 4.2% over the period 2020-2027. Metal, one of the segments analyzed in the report, is projected to record 4% CAGR and reach US$80.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Plastic segment is readjusted to a revised 5.5% CAGR for the next 7-year period.



The U.S. Market is Estimated at $12.3 Billion, While China is Forecast to Grow at 5.8% CAGR


The Industrial Fasteners market in the U.S. is estimated at US$12.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$21 Billion by the year 2027 trailing a CAGR of 5.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 4.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.7% CAGR.

Select Competitors (Total 322 Featured) -

  • Acument® Global Technologies
  • Bulten AB
  • Earnest Machine Product Company
  • Federal Screw Works
  • Gem-Year Industrial Co., Ltd.
  • Howmet Aerospace Inc.
  • Illinois Tool Works, Inc.
  • Infasco
  • KAMAX Holding GmbH & Co. KG
  • LISI Group
  • LISI Aerospace
  • LISI Automotive
  • MacLean-Fogg Company
  • Marmon Holdings Inc.
  • Atlas Bolt & Screw Company LLC
  • MNP Corp.
  • Nippon Industrial Fasteners Company (Nifco)
  • Nitto Seiko Co., Ltd.
  • Nucor Corporation
  • Precision Castparts Corp.
  • Cherry Aerospace
  • SPS Technologies
  • STANLEY Engineered Fastening
  • Sundram Fasteners Limited
  • TR Fastenings
  • Whitesell Group
  • Wilhelm Böllhoff GmbH &
  • Co. KG
Frequently Asked Questions about the Global Market for Industrial Fasteners

What is the estimated value of the Global Market for Industrial Fasteners?

The Global Market for Industrial Fasteners was estimated to be valued at $69.6 Billion in 2020.

What is the growth rate of the Global Market for Industrial Fasteners?

The growth rate of the Global Market for Industrial Fasteners is 4.2%, with an estimated value of $92.7 Billion by 2027.

What is the forecasted size of the Global Market for Industrial Fasteners?

The Global Market for Industrial Fasteners is estimated to be worth $92.7 Billion by 2027.

Who are the key companies in the Global Market for Industrial Fasteners?

Key companies in the Global Market for Industrial Fasteners include Acument® Global Technologies, Bulten AB, Earnest Machine Product Company, Federal Screw Works, Gem, Year Industrial Co., Ltd., Howmet Aerospace Inc., Illinois Tool Works, Inc. and KAMAX Holding GmbH & Co. KG.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Bulten AB
  • Federal Screw Works
  • Infasco
  • LISI Group
  • MNP Corp.
  • Precision Castparts Corp.

I. METHODOLOGY


II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of COVID-19 and a Looming Global Recession
  • Impacts on Few Manufacturing Sectors in a Nutshell
  • Manufacturing Stares at a Grim Future but Remains Optimistic
  • Fasteners: A Preview
  • An Overview of Industrial Fasteners
  • Manufacturing, Construction and Automotive Sectors to Drive Demand for Industrial Fasteners in Future
  • Recent Market Activity
  • Anticipated Rise in Vehicle Sales to Foster Global Automotive Fasteners Market Growth
  • Increase in Air Travel Post COVID-19 Market Scenario to Fuel Long Term Growth in the Global Aerospace Fasteners Market
  • Competitive Landscape
  • Highly Fragmented Industry Structure Characterized by Intense Competition
  • Leading Players Worldwide
  • Industrial Fastener Vendors Eye on Acquisitions to Expand Portfolios and Geographical Reach
  • Competition in the Aerospace Fasteners Industry
  • Industrial Fasteners - Global Key Competitors Percentage Market Share in 2022 (E)
  • Aerospace Fasteners Competitor Market Share Scenario Worldwide (in %): 2019E
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Automotive Industry: A Key End-user of Industrial Fasteners
  • Rise in Vehicle Recalls Due to Fastener Failure Fuels Emphasis on Quality
  • Changing Automotive Manufacturing Trends Impact Opportunities for Fasteners
  • Focus on Automotive Lightweighting Spurs Innovation
  • Novel Coatings Help Automotive Fasteners to Comply with Lightweighting
  • Shape Memory Fasteners: The Future of Automotive Assembling
  • Plastic Fasteners Grow in Popularity
  • Acceptance of Adhesive Fasteners Casts a Long Shadow of Threat over Mechanical Fasteners
  • Metal Fasteners Continue to Reign
  • Aerospace Industry: A Strong End-Use Market for Fasteners
  • Healthy Outlook for Commercial Aviation Industry Post COVID-19 Suggests Opportunities for Aerospace Fasteners
  • Fastener Innovations over the Years
  • Thermission Coating for Longer Lasting Surface Protection for Fasteners
  • Technological Innovations Driving Demand
  • Focus on Safety Spurs Tool Innovations
  • Lighter the Better’ - New Mantra Driving Sales
  • Titanium Aerospace Fasteners to Grow in Importance
  • Electrical & Electronic Equipment - Potential Growth Sector in Years to Come
  • Special End-use Industries Underpin Growth
  • Medical Equipment Industry - Yet another Crucial End-use Sector
  • Developments in the Industrial Fastener Industry
  • A Note on Technological Advancements
  • Recent Innovations
  • Challenges to Reckon With
  • Secondary Locking Devices to Bite into Fastener Share
  • Impact of e-business and e-commerce on Industrial Fastener Industry

4. GLOBAL MARKET PERSPECTIVE


III. MARKET ANALYSIS

UNITED STATES

  • Industrial Fasteners Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
  • COVID-19 Pandemic Fallout: US Industrial Manufacturers under Great Stress
  • Heavy Machinery Manufacturers in the US and other Countries Continue to Operate, Though Partially
  • Industry Overview
  • Evolutionary Journey of the US Fastener Industry
  • Despite Reshoring Trends, Increasing Imports Pressurizing Domestic Production
  • Nut, Bolt and Screw Production Back-on-Track
  • Alternative Joining Technologies Challenge Fasteners Significance
  • Aerospace Fasteners - Fastest Growing Segment
  • Installation of Solar PV to Fuel Fasteners Demand
  • Fastener Standards for Automotive Industry
  • Fastener Quality Act
  • Channels of Distribution

CANADA

JAPAN

  • Industrial Fasteners Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)

CHINA

  • Industrial Fasteners Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
  • Fastener Market: A Snapshot
  • Production of Metal Fasteners in China (2019E): Percentage Breakdown of Volume Production by Province/City
  • Patterns in Fastener Demand from Auto OEMs
  • Post COVID-19 Market Scenario: Chinese Industrial Fastener Market in a Capsule

EUROPE

  • Industrial Fasteners Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)

FRANCE

  • Industrial Fasteners Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)

GERMANY

  • Industrial Fasteners Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)

ITALY

UNITED KINGDOM

  • Industrial Fasteners Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
  • A Brief Overview

SPAIN

RUSSIA

  • An Overview

REST OF EUROPE

ASIA-PACIFIC

  • Industrial Fasteners Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
  • Market Overview

AUSTRALIA

  • Industrial Fasteners Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2022 (E)

INDIA

  • Industrial Fasteners Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2022 (E)
  • Indian Industrial Fastener Market: An Overview
  • Demand and Supply
  • Automotive Industry to Dictate Fortunes of the Industrial Fastener Market
  • Fastener Consumers Turn Quality Conscious

SOUTH KOREA

REST OF ASIA-PACIFIC

  • Taiwan’s Industrial Fastener Market - A Brief Review
  • Fastener Suppliers Leverage Global Market Advantages

LATIN AMERICA

  • Industrial Fasteners Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2022 (E)

ARGENTINA


BRAZIL


MEXICO


REST OF LATIN AMERICA

MIDDLE EAST

  • Industrial Fasteners Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2022 (E)

AFRICA

  • Industrial Fasteners Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2022 (E)

IV. COMPETITION

  • Total Companies Profiled: 322
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Acument® Global Technologies
  • Bulten AB
  • Earnest Machine Product Company
  • Federal Screw Works
  • Gem-Year Industrial Co., Ltd.
  • Howmet Aerospace Inc.
  • Illinois Tool Works, Inc.
  • Infasco
  • KAMAX Holding GmbH & Co. KG
  • LISI Group
  • LISI Aerospace
  • LISI Automotive
  • MacLean-Fogg Company
  • Marmon Holdings Inc.
  • Atlas Bolt & Screw Company LLC
  • MNP Corp.
  • Nippon Industrial Fasteners Company (Nifco)
  • Nitto Seiko Co., Ltd.
  • Nucor Corporation
  • Precision Castparts Corp.
  • Cherry Aerospace
  • SPS Technologies
  • STANLEY Engineered Fastening
  • Sundram Fasteners Limited
  • TR Fastenings
  • Whitesell Group
  • Wilhelm Böllhoff GmbH &
  • Co. KG
Note: Product cover images may vary from those shown