Europe Industrial Fasteners Market 2023
Industrial fasteners are crucial components in various industries, including manufacturing, construction, automotive, aerospace, and many others. These fasteners, such as screws, bolts, nuts, and rivets, play a vital role in holding together different parts and components of machinery, equipment, and structures.
The importance of industrial fasteners lies in their ability to provide secure and reliable connections, ensuring the structural integrity and safety of the assembled products. They are essential for maintaining the stability and functionality of machinery and structures, as well as for withstanding various forces and environmental conditions. Furthermore, industrial fasteners contribute to the efficiency of production processes by enabling quick and easy assembly, disassembly, and maintenance of equipment. They also play a significant role in ensuring the quality and reliability of the end products.
The industrial fasteners market in Europe is projected to rise by USD 6.0 billion by 2029, according to the latest market study results. It is anticipated to expand at a CAGR of 3.9 percent during the forecast period.
This comprehensive industry report provides market estimates and forecasts, accompanied by a detailed examination of the material, product, end user, and country aspects. It delivers a quantitative analysis of the market, empowering stakeholders to leverage existing market opportunities. Furthermore, the report identifies key segments for potential opportunities and strategies, drawing insights from market trends and the approaches of leading competitors.
The global baby bottle market has been extensively analyzed by categorizing it according to various sub-segments in order to provide accurate forecasts of industry size and assess trends within specific areas.
The Europe market for industrial fasteners can be segmented by material: metal, non-metal. The metal segment held the largest share of the Europe industrial fasteners market in 2022 and is anticipated to hold its share during the forecast period.
Industrial fasteners market is further segmented by product: aerospace grade, externally threaded, internally threaded, nonthreaded, specialty. In Europe, the externally threaded segment made up the largest share of the industrial fasteners market.
Based on end user, the industrial fasteners market is segmented into: automotive, aerospace, construction, machinery, consumer appliances, furniture, others. The automotive segment was the largest contributor to the Europe industrial fasteners market in 2022.
On the basis of country, the industrial fasteners market also can be divided into: France, Germany, Italy, Poland, Russia, Spain, United Kingdom, Rest of Europe. Germany is estimated to account for the largest share of the industrial fasteners market in Europe.
The industrial fasteners in Europe market report offers detailed information on several market vendors, including A.Agrati, S.p.A., Adolf Wurth GmbH & Co. KG, Arconic Corporation, Berkshire Hathaway, Inc. (Marmon Holdings, Inc., Precision Castparts Corp.), Bulten GmbH, EJOT Holding GmbH & Co. KG, FONTANA LUIGI S.p.A., Hilti Corporation, Illinois Tool Works, Inc., KAMAX Holding GmbH & Co. KG, LISI Aerospace SAS, Nifco Inc., Raygroup SASU (ARaymond), SFS Intec AG, Shanghai Prime Machinery Co., Ltd. (PMC), Stanley Black & Decker, Inc., Wilhelm Bollhoff GmbH & Co. KG, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Market Segments Covered in Europe Industrial Fasteners Industry Analysis:i.) Material
Metal
Non-metal
ii.) Product
Aerospace grade
Externally threaded
Internally threaded
Nonthreaded
Specialty
iii.) End user
Automotive
Aerospace
Construction
Machinery
Consumer appliances
Furniture
Others
iv.) Country
France
Germany
Italy
Poland
Russia
Spain
United Kingdom
Rest of Europe