Fact.MR, in a recently revised industrial fasteners industry analysis, reveals that global demand observed a decline of 2.5% in 2020, and stood at 30,060 KT. Demand for polymer fasteners fell by 3.2% to 2,495 KT, whereas, that for metal fasteners experienced a decline of 2.6% to 27,564 KT.
However, the overall market is set to regain traction and expand at a CAGR of around 5% through 2031.
The latest market research report analyzes Industrial Fasteners Market demand by Different segments. Providing business leaders with insights On Industrial Fasteners And how they can increase their market share.
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Key Segments Covered in Industrial Fasteners Industry Research
-
By Material
- Metal Industrial Fasteners
- Steel Industrial Fasteners
- Stainless Steel Industrial Fasteners
- Alloy Steel Industrial Fasteners
- Copper & its Alloys Industrial Fasteners
- Aluminium Industrial Fasteners
- Titanium Industrial Fasteners
- Nickel & its Alloys Industrial Fasteners
- Others
- Polymer Industrial Fasteners
- Industrial Plastic Fasteners
- Metal Industrial Fasteners
-
By Type
- Screws
- Wood Screws
- Machine Screws
- Thread Cutting Machine Screws
- Sheet Metal Screws
- Self-drilling
- Socket Screws
- Others
- Nuts
- Hexagon Nuts
- Flange Nuts
- Wing Nuts
- Kep Nuts
- Push Nuts
- Castle Nuts
- Coupling Nuts
- Pal Nuts
- Others
- Bolts
- Track Bolts
- Square Bolts
- Plow Bolts
- Round Bolts
- Lag Bolts
- Aircraft Bolts
- J-bolts
- U Bolts
- Shoulder Bolts
- Elevator Bolts
- HR Bolts
- HV Bolts
- Others
- Washers
- Lock Washers
- Structural Washers
- Others
- Anchors
- Dowel Pins
- Screws
-
By Application
- Chemical Grade Industrial Fasteners
- Industrial Fasteners for Heat Exchangers
- Industrial Fasteners for Exhaust Systems
- Industrial Fasteners for Tanks and Vessels
- Industrial Fasteners for Processing Equipment
- Petrochemical Grade Industrial Fasteners
- Industrial Fasteners for High Pressure Pumps & Vessels
- Industrial Fasteners for Pumping Stations
- Industrial Fasteners for Metering Pumps
- Others
- Transportation Grade Industrial Fasteners
- Industrial Fasteners for Railways
- Trains
- Infrastructure
- Industrial Fasteners for Marine
- Decks
- Tanks
- Ramps
- Bulkheads
- Others
- Industrial Fasteners for Automotive
- Industrial Fasteners for Railways
- Power Generation & Transmission Grade Industrial Fasteners
- Renewable
- Onshore
- Electrical Equipment
- Turbines
- Motors
- Exhaust Systems
- Pumping Systems
- Storage Vessels
- Offshore
- Onshore
- Non-renewable
- Renewable
- Construction Grade Industrial Fasteners
- Industrial Fasteners for Heavy-duty Machines
- Industrial Fasteners for Construction Vehicles
- Mining Grade Industrial Fasteners
- Industrial Fasteners for Precious Metal Mining
- Industrial Fasteners for Industrial Metal Mining
- Agriculture Grade Industrial Fasteners
- Defense Aerospace Grade Industrial Fasteners
- Others
- Chemical Grade Industrial Fasteners
-
By Sales Channel
- Online Sales of Industrial Fasteners
- Direct to Customer Sales of Industrial Fasteners
- Third-party Online Sales of Industrial Fasteners
- Offline Sales of Industrial Fasteners
- Authorized Distributors of Industrial Fasteners
- Industrial Fasteners Sold at Garages & Workshops
- Industrial Fasteners Sold at Specialty Stores
- Online Sales of Industrial Fasteners
The Market insights of Industrial Fasteners will improve the revenue impact of businesses in various industries by:
- Providing a framework tailored toward understanding the attractiveness quotient of various products/solutions/technologies in the Industrial Fasteners Market
- Guiding stakeholders to identify key problem areas pertaining to their consolidation strategies in the global Industrial Fasteners market and offers solutions
- Assessing the impact of changing regulatory dynamics in the regions in which companies are keen on expanding their footprints
- Provides understanding of disruptive technology trends to help businesses make their transitions smoothly
- Helping leading companies make strategy recalibrations ahead of their competitors and peers
- Offers insights into promising synergies for top players aiming to retain their leadership position in the market & supply side analysis of Industrial Fasteners market .
The latest industry analysis and survey on Industrial Fasteners provides sales outlook in 20+ countries, across key categories. Insights and outlook on Industrial Fasteners market drivers, trends, and influencing factors are also included in the study.
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This report gives you access to decisive data such as:
- Demand of Industrial Fasteners Market & Growth drivers
- Factors limiting Industrial Fasteners market growth
- Current key trends of Industrial Fasteners Market
- Market Size of Industrial Fasteners and Industrial Fasteners Sales projections for the coming years
Key Takeaways from Market Study
- The industrial fasteners market is anticipated to add 1.6X value by 2031.
- Metal fasteners capture a major chunk of the market and are set to create an absolute $ opportunity of over US$ 60 Bn by2031.
- Among the types, nuts has been the fastest-growing segment over others globally in the past decade.
- The market in East Asia is set to dominate market revenue in 2021, and is expected to gain 169 BPS by 2031 over 2021.
- Power generation & transmission application is poised to experience highest growth among all the applications at a CAGR of 5.6% during 2021-2031.
- Due to the COVID-19 crisis, demand for industrial fasteners was hit in 2020, which saw a decline of 2.5% over the 2nd and 3rd quarters.
Crucial insights in Industrial Fasteners market research report:
- Underlying macro- and microeconomic factors impacting the Sales of Industrial Fasteners market.
- Basic overview of the Industrial Fasteners, including market definition, classification, and applications.
- Scrutinization of each market player based on mergers & acquisitions, R&D projects, and product launches.
- Adoption trend and supply side analysis of Industrial Fasteners across various industries.
- Important regions and countries offering lucrative opportunities to market stakeholders.
The Demand of Industrial Fasteners Market study includes the current market scenario on the global platform and also Sales of Industrial Fasteners Market development during the forecast period.
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List of the Leading Companies Profiled in the Industrial Fasteners Market are:
To provide decision-makers with credible insights on their competitive landscape, the Industrial Fasteners Market industry research report includes detailed competitive landscape analysis.
The competitive landscape analysis for Industrial Fasteners Market includes detailed profiles of Tier 1, Tier 2, and Tier 3 players. The respective market share of Industrial Fasteners manufacturers is provided so business leaders can understand the market scenario.
An assessment on the winning strategies of key Industrial Fasteners Market manufacturers is provided, with recommendation on what works well in Industrial Fasteners Market landscape.
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