Industrial Fasteners Market Notable Developments, Potential Players & Worldwide Opportunities 2029

Industrial Fasteners Market: Global Industry Analysis and Forecast (2023-2029)

Market Values:

The Industrial Fasteners Market reached a valuation of US$ 88.26 billion in 2022.
Anticipated CAGR of 3.5% for Global Industrial Fasteners Market size growth.

Report Scope: The comprehensive report on the Industrial Fasteners Market explores trends from 2022 to project market developments through 2029. The study considers 2022 as the base year, relying on actual company outputs. The report assesses the impact of the COVID-19 pandemic on market dynamics, analyzing the consequences of lockdowns on demand, supply, and their effects over the next two years.

Research Methodology: The research employs a robust methodology to capture market trends and dynamics, offering a reliable forecast. The report integrates both quantitative and qualitative analyses, taking into account the effects of the pandemic on market dynamics.

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Dynamics:
The growth of the global industrial fasteners market is driven by increased mechanization and industrialization, with a rising demand for machinery and equipment. Miniaturization in product design, especially in industries like consumer electronics, healthcare, and automotive, presents new opportunities. However, a slowdown in industrial production, particularly in the automotive sector, poses challenges.

Regional Insights:
The Asia Pacific region dominates the market, contributing over 45% of global output. Despite domestic challenges, the region remains an attractive hub for foreign investments, fueled by a growing manufacturing sector. India, with its focus on industrial corridors and smart cities, is poised for significant growth. In the U.S., fasteners form a crucial part of the industrial sector, supporting automotive, aerospace, and military applications.

Market Segment Analysis:

Raw Material: Segmentation into plastic and metal, with the metal segment expected to dominate due to high tensile strength and durability.

Application: Automotive segment held a dominant position in 2020 and is expected to maintain its lead, driven by the production of commercial and passenger vehicles.

Strategic Insights:
Companies operating in the industrial fasteners market are urged to focus on innovation and the design of new technologies. Emphasis should be placed on the production of innovative products, miniaturization, and exploration of unconventional materials. Key players are expected to shape the industry's future through these strategic initiatives.

Conclusion:
The report aims to provide stakeholders with a comprehensive analysis of the global Industrial Fasteners Market, covering past and current industry status, forecasted market size, and trends. The inclusion of PORTER and PESTEL analyses, along with micro-economic factors, offers decision-makers a clear view of potential industry shifts.

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What is Industrial Fasteners Market Segmentation?

by Raw Material

Plastic
Metal

by Product

Externally Threaded
Internally Threaded
Non-Threaded
Aerospace Grade

Who are Industrial Fasteners Market Key Players?

1. Penn Engineering & Manufacturing Corporation
2. KOVA Fasteners Pvt. Ltd.
3. Acument Global Technologies Inc.
4. Arconic Inc.
5. Standard Fasteners Ltd.
6. Decker Industries Corporation
7. Brunner Manufacturing Co., Inc.
8. Eastwood Manufacturing
9. Stanley Black & Decker Inc.
10. MW Industries Inc.
11. Illinois Tool Works
12. Bulten AB
13. MacLean-Fogg Company
14. MISUMI Group Inc.
15. Nifco Inc.
16. Fortana Group
17. Hilti Corporation
18. LISI Group
19. Precision Castparts Corp.
20. The SFS Group
21. A&G Fasteners
22. SA Fasteners.

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Table of content for the Industrial Fasteners Market includes:

Global Industrial Fasteners Market : Research Methodology
Global Industrial Fasteners Market : Executive Summary

Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry

Global Industrial Fasteners Market : Competitive Analysis

MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact

Company Profile: Key players

Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments

Key Offerings:

Past Market Size and Competitive Landscape
Industrial Fasteners Market Size, Share, Size & Forecast by different segment |
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
Industrial Fasteners Market Segmentation – A detailed analysis by Product
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

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