Industrial Fasteners Market Report 2020 provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.
This report studies the global Industrial Fasteners Market analyses and researches the Industrial Fasteners development status and forecast in the United States, EU, Japan, China, India, and Southeast Asia. This report focuses on the top players in the global market.
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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.
With the development of technology and the down trend of raw materials-steel, the global average price of industrial fasteners is in the decreasing trend, from 2359 USD/MT in 2013 to 2141 USD/MT in 2017. With the situation of global economy, prices will be in decreasing trend in the following five years.
Industrial fasteners including nuts, bolts, and screws are used to join or fix two or more objects together. These products are expected to witness significant demand over the upcoming years as they increase the durability of the joined parts, and can be used on different kinds of substrates such as Steel, Cooper, Aluminum, etc. Steel Fasteners dominate the market with market share nearly 90%.
Fasteners are application in automotive, electric & electronics, machinery, construction, MRO and other industry. The most proportion of Fasteners is used in automotive, and the market share in 2017 is about 26% and the proportion of electric & electronics in 2017 is about 18%.
The Industrial Fasteners market was valued at 55600 Million US$ in 2018 and is projected to reach 90500 Million US$ by 2025, at a CAGR of 6.3% during the forecast period. In this study, 2018 has been considered as the base year and 2020 to 2025 as the forecast period to estimate the market size for Industrial Fasteners.
With tables and figures helping analyze worldwide Global Industrial Fasteners market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
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List of Major Industrial Fasteners market competition by top manufacturers, with production, price, and revenue (value) and market share for each manufactures: -
- Fontana Gruppo
- Shanghai PMC (Nedschroef)
- Aoyama Seisakusho
- Agrati Group
The report also focuses on global major leading industry players of Global Industrial Fasteners market providing information such as company profiles, product picture, and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis are also carried out. The Global Industrial Fasteners market development trends and marketing channels are analyzed. Finally, the feasibility of new investment projects is assessed and overall research conclusions offered.
By the product type, the market is primarily split into:
- Steel Type
- Cooper Type
- Aluminum Type
Look into Table of Content of Industrial Fasteners Market Report at @ https://www.360marketupdates.com/TOC/13729009#TOC
By the end users/application, this report covers the following segments:
- Automotive Industry
- Electric & Electronics
- Machinery Industry
- Construction Industry
- MRO (Maintenance
- and operations)
The study objectives of this report are:
- To study and analyze the global Industrial Fasteners market size (value and volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
- To understand the structure of the Industrial Fasteners market by identifying its various sub-segments.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- Focuses on the key global Industrial Fasteners manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in the next few years.
- To analyze the Industrial Fasteners with respect to individual growth trends, future prospects, and their contribution to the total market.
- To protect the value and volume of Industrial Fasteners submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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