Industrial Fasteners Market Size, Share, Forecast, Analysis Report Upto 2021
The Industrial Fasteners Market Research Report provides Industry analysis and evaluation of the current & prospective Market Size, Share, Trend and Growth during the study period 2014–2021.
Industrial fasteners are essential devices used to join two or more parts to produce efficient machine tools. Fasteners can be standard screws, standard bolts, conventional nuts, rivets, washers, application specific, aerospace grade, etc. Fasteners can be standard and application specific, on the basis of their types and properties. Industrial fasteners have wide range of applications in aerospace, construction, automotive and machinery, electrical and electronics and other manufacturing industry.
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Global industrial fasteners market can be segmented based on their material as metal and plastic fasteners. Industrial fasteners can be segmented and categorized on the basis of their applications as externally threaded, aerospace grade and standard fasteners (internally threaded and non-threaded). Fasteners are segmented by markets as automotive original equipment manufacturing (OEM) and machinery original equipment manufacturing (OEM), construction, maintenance repair operations (MRO) and other original equipment manufacturing (OEM).
Growth of aviation and aerospace industries and their rising demands have rapidly increased the fasteners market. Construction industry is one of the major growing industries and is beneficial force driving fasteners market. Automotives and their production are increasing due to their high demand on global level, which is driving the fasteners market rapidly. Standard fasteners are expected to grow over the forecast period.
Asia Pacific is leading region accounting for the global industrial fasteners market growth. The automotives industry will be major industry driving the global industrial fasteners market over the forecast period. Aerospace industry is a key industry probing the industrial fasteners growth. Stringent rules and regulations are restraining the industrial fasteners market in Europe and America.
Major player assessed in the report are :
– ITW Aloca
– Standard fasteners Ltd.
– Acument Global Technologies
– Dokka Fasteners
– Precision Castparts Corp.
– Kova Fasteners Pvt. Ltd.
– Penn Engineering
Geographically, this market has been segmented into regions such as North America, Europe, Latin America, Asia Pacific and the Middle East & Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size.
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SEGMENTATIONS IN REPORT :
1. Industrial Fasteners By Types :
– Standard Screws
– Standard Bolts
– Conventional Nuts
2. Industrial Fasteners By Materials :
3. Industrial Fasteners By Markets :
– Automotive Original Equipment Manufacturing (OEM)
– Machinery Original Equipment Manufacturing (OEM)
– Maintenance/Repair/Operations (MRO)
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