Industrial Fasteners Market Global Share, Size, Trends Analysis, 2029


Posted March 30, 2023 by Divya_123

Industrial Fasteners Market was valued at US$ 85.28 Bn. in 2021. Global Industrial Fasteners Market size is estimated to grow at a CAGR of 3.50 %.
 
Industrial Fasteners Market Overview

The MMR report for the Industrial Fasteners Market provides the all business scope for the market along with market dynamics, competitive analysis, PESTLE analysis, PORTER analysis, and market forecast region-wise as well as economy-wise also.

Market Scope

For maximum efficiency, a variety of customers across the Industrial Fasteners market are searching for new market mapping tools to add to their armoury. Moreover, during the projected period, the opportunity for vertical integration is expected to broaden the product breadth. MMR is delivering the report with the highest emphasis given to the concerned organizations and enterprises working in the automation industry.

By examining market segments and estimating market size, the MMR research also supports the understanding of the Industrial Fasteners Market dynamics and structure. Because it clearly illustrates competitive analyses of significant companies in the industry, the research is an investor's guide.

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Segmentation:

Based on the Raw Material, Industrial Fasteners Market is segmented into plastic and metal. The metal segment is expected to account large revenue share, thanks to demand for metal fasteners because of its high tensile strength and enhanced lifespan. The durability of the metal products is expected to drive the demand for metal fasteners in industrial applications.

Based on the Application, the automotive application segment held the dominant position in 2020 and expected to hold leading position during the forecast period. The segment has accounted more than 33% in 2020. Production of commercial and passenger vehicles, and demand for electrical vehicles are expected to boost the demand for fasteners in the near future. India is expected to be the largest automotive market in terms of volume by 2027. The industry currently manufactures more than 30 Mn vehicles, in which more than 8% are exported. India holds a strong position in the heavy vehicles market.

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Key Players:

• Penn Engineering & Manufacturing Corporation
• KOVA Fasteners Pvt. Ltd.
• Acument Global Technologies Inc.
• Arconic Inc.
• Standard Fasteners Ltd.
• Decker Industries Corporation
• Brunner Manufacturing Co., Inc.
• Eastwood Manufacturing
• Stanley Black & Decker Inc.
• MW Industries Inc.
• Illinois Tool Works
• Bulten AB
• MacLean-Fogg Company
• MISUMI Group Inc.
• Nifco Inc.
• Fortana Group
• Hilti Corporation
• LISI Group
• Precision Castparts Corp.
• The SFS Group
• A&G Fasteners
• SA Fasteners.

Regional Analysis

Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America are the five regions that make up the Industrial Fasteners market. The regional analysis provided in our report helps you understand the Industrial Fasteners market in different regions. Every region has different factors such as political, geographic, economic, etc. which are affecting the Industrial Fasteners market. Local and regional development plans are often affected by the performance of Industrial Fasteners market. The reports help in planning the market strategies which are suitable and appropriately applicable according to specific countries and regions in the market.

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Key Questions answered in the Industrial Fasteners Market Report are:

What is Industrial Fasteners Market?
What is the forecast period of the Industrial Fasteners Market?
What is the competitive scenario of the Industrial Fasteners market?
Which region held the largest market share in the Industrial Fasteners Market?
What are the opportunities for the Industrial Fasteners Market?
What factors are affecting the Industrial Fasteners market growth?
Who are the key players of the Industrial Fasteners market?
Which company held the largest share in the Industrial Fasteners market?
What will be the CAGR of the Industrial Fasteners market during the forecast period?
What key trends are likely to emerge in the Industrial Fasteners market in the coming years?
Key offerings:

Market Share, Size, and Forecast by Revenue|2022-2029
Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
Market Segmentation: A detailed analysis by Industrial Fasteners #
Landscape- Leading key players and other prominent key players.
About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Issued By MMR
Country India
Categories Computers
Last Updated March 30, 2023