Bolt or Fastener Market Size Analysis:
The global Bolt or Fastener market is expected to reach USD 91 billion by 2022, growing at a CAGR of 10.13% in the forecast period. The fastener or a Bolt is mainly used as a medium component in machines to join two stable parts in industrial manufacturing sector.
Bolt or Fastener Market - Growth Drivers and Challenges:
It is expected that increase in manufacturing and maintenance activities, automotive & aerospace equipment output will drive the fastener demand in the future forecast period. Increase in industrialization and urbanization will eventually results in the growth of the market. Improved Construction industry, along with the automotive sector, primarily driven by the industrialization will drive the demand for fasteners in these sectors. Increase in commodity demand and a growth of its price expected to reach 10 to 12 percent by 2022, which affects the global economic situation is a major challenge of this market. Increase in demand and large consumer base results in the growth of low quality fasteners market is the major restraint and can be overcome by the abundant high quality raw material usage.
Bolt or Fastener Market Geographic Segmentation:
The APAC is anticipated to remain the fastest growing sector for fastener demand, followed by North America due to the tremendous development in industrialization and their applications in manufacturing sectors. Abundant availability of raw material like stainless steel increases the production of Fasteners in the regions like North America and Asia Pacific.
Prominent Players Listed in this Bolt or Fastener Market Report are:
Fastenal
- KAMAX
- Acument Global Technologies
- Dokka Fasteners
- Arconic (Alcoa)
- Gem-Year
- Infasco
- Marmon
- Stanley Black & Decker
- Nucor Fastener
- CISER
- LISI Group
- Sundram Fasteners
- TR Fastenings
- Tianbao Fastener
- Cooper & Turner
- Ganter
- XINXING FASTENERS
- ATF
- Oglaend System
- Nitto Seiko Co., Ltd.
- Penn Engineering
- Big Bolt Nut
Bolt or Fastener Market Key Segmentation:
Market Analysis by Types:
- Made of Metal
- Made of Plastic
Market Analysis by Applications:
Automotive
Machinery
- Construction
- MRO
Bolt or Fastener Market - By Regions:
North America
Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Summary
A fastener is the mechanical device that uses to join the two stable components in any mechanism. Some of the examples of fasterner are screws, bolts, rivets, washers and nuts. It is expected that the abundant availability of raw material and the rapid growth of industrialization application will drive the market growth in the forecast period. The increase demand for Automobile and Aeronautical sector will boost the fastener market. North America is the largest market for the fastener market due to the abundant availability of raw material and increase in industrialization.
Table of Contents:
- Introduction
- Research Methodology
- Analysis Design
- Research Phases
- Secondary Research
- Primary Research
- Expert Validation
- Study Timeline
- Overview
- Executive Summary
- Key Inferences
- New Developments
- Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
- Bolt or Fastener Market Drivers
- Bolt or Fastener Market Restraints
- Key Challenges
- Current Opportunities in the Bolt or Fastener Market
- Bolt or Fastener Market Segmentation
- By Types:
- Made of Metal
- Made of Plastic
- By Applications:
- Automotive
- Machinery
- Construction
- MRO
- Geographical Analysis
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- Australia
- India
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Brazil
- South Africa
- Saudi Arabia
- Turkey
- United Arab Emirates
- Others
- Strategic Analysis
- PESTLE analysis
- Political
- Economic
- Social
- Technological
- Legal
- Environmental
- Porter’s five analysis
- Bargaining Power of Suppliers
- Bargaining Power of Consumers
- Threat of New Entrants
- Threat of Substitute Products and Services
- Competitive Rivalry within the Industry
- Supply Chain Analysis
- Raw Material Suppliers
- Manufacturers/Producers
- Distributors/Retailers/Wholesalers/E-Commerce
- End Users
- Bolt or Fastener Market Leaders' Analysis
- Fastenal
- Product Analysis
- Strategic Evaluation and Operations
- Financial analysis
- Legal issues
- Recent Developments
- SWOT analysis
- Analyst View
- KAMAX
- Acument Global Technologies
- Dokka Fasteners
- Arconic (Alcoa)
- Gem-Year
- Infasco
- Marmon
- Stanley Black & Decker
- Nucor Fastener
- CISER
- LISI Group
- Sundram Fasteners
- TR Fastenings
- Tianbao Fastener
- Cooper & Turner
- Ganter
- XINXING FASTENERS
- ATF
- Oglaend System
- Nitto Seiko Co., Ltd.
- Penn Engineering
- Big Bolt Nut
- Competitive Landscape
- Bolt or Fastener Market share analysis
- Merger and Acquisition Analysis
- Agreements, collaborations and Joint Ventures
- New Product Launches
- Expert Opinions
- Bolt or Fastener Market Outlook
- Investment Opportunities
- Appendix
- List of Tables
- List of Figures
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