Global Industrial Fasteners Market Growth 2023-2029

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

This Insight Report provides a comprehensive analysis of the global Industrial 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 Industrial Fasteners portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Industrial Fasteners market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Fasteners and breaks down the forecast by type, 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 Industrial Fasteners.

The global Industrial Fasteners market size is projected to grow from US$ 72170 million in 2022 to US$ 112410 million in 2029; it is expected to grow at a CAGR of 112410 from 2023 to 2029.

Global Industrial Fasteners key players include Würth, PCC, ITW, Alcoa, etc. Global top four manufacturers hold a share about 10%.

Europe is the largest market, with a share about 30%, followed by North America and China, both have a share about 50 percent.

In terms of product, Steel Type is the largest segment, with a share about 90%. And in terms of application, the largest application is Automotive Industry, followed by Electric & Electronics, Machinery Industry, Construction Industry , MRO, etc.

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

Market Segmentation:

Segmentation by type

Steel Type

Cooper Type

Aluminum Type

Other

Segmentation by application

Automotive Industry

Electric & Electronics

Machinery Industry

Construction Industry

MRO (Maintenance, repair, and operations)

Others

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.

Würth

PCC

ITW

Alcoa

Araymond

LISI

STANLEY

Fontana Gruppo

Shanghai PMC (Nedschroef)

NORMA

Aoyama Seisakusho

KAMAX

Agrati Group

Meidoh

NAFCO

Gem-Year

Bulten

Boltun

Key Questions Addressed in this Report

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

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

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

How do Industrial Fasteners market opportunities vary by end market size?

How does Industrial Fasteners break out type, 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.