Analytical Research Cognizance shares report on “Global Industrial Fasteners Market 2018 - 2023 ” which provides the company profile, product specifications, capacity, production value, and market shares for each company. The report will assist reader with better understanding and decision making.
Manhattan, United States - October 17, 2018 /MarketersMedia/ —
The study of “Global Industrial Fasteners Market 2018 – 2023” provides the market size information, In-Depth Analysis along with Competitive Insights and Segmentation.
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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.
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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%.
Over the next five years, Analytical Research Cognizance projects that Industrial Fasteners will register a 7.6% CAGR in terms of revenue, reach US$ 86200 million by 2023, from US$ 55600 million in 2017.
According to the new report by Analytical Research Cognizance Information on the global Industrial Fasteners market, the consumption figures promising as the Industrial Fasteners market is expected to reach the value of US$ XX million at the end of 2023.
As per the survey conducted for gathering information for the research report, the information that has surfaced verifies the expert views. The Industrial Fasteners market has been estimated to have valued US$ XX million at the end of 2017 and the major factors affecting the market trend have been discussed in detail with its analysis in the report. The global Industrial Fasteners market research report dwells in the study of the Industrial Fasteners market, providing the customers with the latest developments in terms of market share, growth opportunities, sales and production statistics, and much more.
The Industrial Fasteners market is segmented by product as follows:
Steel Type
Cooper Type
Aluminum Type
Other
The consumption, sales, value, market share, etc. of each individual product is covered in the global Industrial Fasteners market research report.
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Applications have a major influence on the consumption figures in the Industrial Fasteners market. The various applications analysis helps understand and accurately forecast the market.
The applications segmentation is done as follows:
Automotive Industry
Electric & Electronics
Machinery Industry
Construction Industry
MRO (Maintenance, repair, and operations)
Others
Regional analysis provides the information to the customer as to which region is the largest consumer and which is the fastest growing consumer.
The regional segmentation of the Industrial Fasteners market is as follows:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
....
The key players in the market have a major influence with their marketing plans to push the sales and hence consumption in the global Industrial Fasteners market.
Some of the top players covered within the report include:
Würth
PCC
ITW
Alcoa
Araymond
LISI
STANLEY
Fontana Gruppo
Shanghai PMC (Nedschroef)
NORMA
Aoyama Seisakusho
KAMAX
Agrati Group
Meidoh
NAFCO
Gem-Year
Bulten
Boltun
The global Industrial Fasteners market research report is a comprehensive study to analyze the Industrial Fasteners market in terms of various market segmentations and their sub-segments such as regions, applications, product types, etc. for the forecast period. It focuses on the major players in the Industrial Fasteners market in terms of the competition analysis, value, sales volumes, SWOT analysis, and detailed company profiles. The report further dwells into the various drivers, restraints, and trends in the market and their contribution in the Industrial Fasteners market. The products’ individual growth analysis, future prospects, major influencing factors, risks, opportunities, regional performance and its analysis are all included in the Industrial Fasteners market report. The mainstay of the global Industrial Fasteners market research report for the customers is the competitive developments which include the new product launches, agreements, expansions, and the mergers and acquisitions in the Industrial Fasteners market.
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Some Major Points of Industrial Fasteners Report from TOC:
Chapter One: Scope of the Report
Chapter Two: Executive Summary
Chapter Three: Global Industrial Fasteners by Players
Chapter Four: Industrial Fasteners by Regions
Chapter Five: Americas
Chapter Six: APAC
Chapter Seven: Europe
Chapter Eight: Middle East & Africa
Chapter Nine: Market Drivers, Challenges and Trends
Chapter Ten: Marketing, Distributors and Customer
Chapter Eleven: Global Industrial Fasteners Market Forecast
Chapter Twelve: Key Players Analysis
Chapter Thirteen: Research Findings and Conclusion
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