Global Fasteners Market Growth 2023-2029

Global Fasteners Market Growth 2023-2029

A fastener is a hardware device that mechanically joins or affixes two or more objects together. In general, fasteners are used to create non-permanent joints; that is, joints that can be removed or dismantled without damaging the joining components. Welding is an example of creating permanent joints.

Fasteners can also be used to close a container such as a bag, a box, or an envelope; or they may involve keeping together the sides of an opening of flexible material, attaching a lid to a container, etc. There are also special-purpose closing devices, e.g. a bread clip.

Some types of woodworking joints make use of separate internal reinforcements, such as dowels or biscuits, which in a sense can be considered fasteners within the scope of the joint system, although on their own they are not general purpose fasteners.

LPI (LP Information)' newest research report, the “Fasteners Industry Forecast” looks at past sales and reviews total world Fasteners sales in 2022, providing a comprehensive analysis by region and market sector of projected Fasteners sales for 2023 through 2029. With Fasteners sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Fasteners industry.

This Insight Report provides a comprehensive analysis of the global Fasteners landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Fasteners portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Fasteners market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Fasteners and breaks down the forecast by material, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Fasteners.

The global Fasteners market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

In the Chinese market, the main fastener manufacturers include Shanghai Jiyou, GEM-YEAR, BOLTUN, Changshu City Standard Part, Xingyi Fasteners, Jiaxing Brothers Standard Parts, Weifeng, Zhejiang Zhapu, Shanghai Jianxin Metal Products and Dongwei Enterprise.

This report presents a comprehensive overview, market shares, and growth opportunities of Fasteners market by product material, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by material
Steel Fasteners
Cooper Fasteners
Aluminum Fasteners
Other Material

Segmentation by application
Automotive
Machinery
Construction
MRO
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Shanghai Prime Machinery
Gem-Year
Boltun
Changshu City Standard Parts
Xingyi Fasteners
Jiaxing Brother
Ningbo Jinding
Zhejiang Zhapu
Tianbao Fastener
Tong Hwei
Ruibiao
SHBC
Xinxing Fasteners

Key Questions Addressed in this Report

What is the 10-year outlook for the global Fasteners market?

What factors are driving Fasteners market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Fasteners market opportunities vary by end market size?

How does Fasteners break out material, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.