Press release
Industrial Fasteners Market Future Prospects and Business Development Strategies by Hilti Group, ITW, Acument Global Technologies, Stanley Black & Decker, Inc., Arconic, STANLEY Engineered Fastening, LISI GROUP, MacLean-Fogg Company, and others
The industrial fasteners report comprises of all the market shares and approaches of key players in the FMCG industry. The industrial fasteners market underlines the global key manufacturers, to define, describe and analyze the market competition landscape with the help of SWOT analysis. Competitive landscape analysis is performed based on the prime manufacturers, trends, opportunities, marketing strategies analysis, market effect factor analysis and consumer needs by major regions, types, applications in global industrial fasteners market considering the past, present and future state of the industry. Data collection modules with large sample sizes are used to pull together data and perform base year analysis.With the help of market intelligence, industry experts assess strategic options, outline successful action plans and aid companies make critical bottom-line decisions. The industrial fasteners report makes you knowledgeable about the market and competitive landscape which supports you with enhanced decision making, better manage marketing of goods and decide market goals for better profitability. When this industrial fasteners report goes along with right tools and technology, it also helps tackle the uncertain challenges for your business. What is more, this market research report is a source which provides current as well as upcoming technical and financial details of the industry to 2026.
Prominent players of global industrial fasteners market are Acument Intellectual Properties, LLC, Arconic, Bulten AB, STANLEY Engineered Fastening, Hilti, LISI SA, MacLean-Fogg, MISUMI Group Inc, Nifco Inc, Precision Castparts Corp, SFS Group, A & G FASTENERS Pty Ltd, Penn Engineering, Illinois Tool Works Inc, Stanley Black & Decker, Inc., MW Industries, Inc.
Global industrial fasteners market is expected to register a steady CAGR of 4.45% in the forecast period of 2019-2026. Rising demand for lightweight fastener and increasing prevalence for high- value titanium fasteners are the major factor for the growth of this market.
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Fasteners are used in many different industries so that they can join or fix or connect two or more objects together. They are usually made of stainless steel, alloy steel and carbon steel. These fasteners are widely used in industries like aerospace, industrial machinery, plumbing products, motors and pumps etc. Usually, fasteners are made of stainless steel and are usually protected by corrosion- proof paint or coating.
Key Developments in the Market:
In May 2019, Kyocera Corporation announced that they have acquired SouthernCarlson, Inc . This acquisition will help the company to expand their business in the North America and will also help them to strengthen their position in the market. This will also help them to meet the rising demand of tools, fasteners, packaging and facility supplies in the market.
In June 2018, VIMI Fasteners S.p.A. announced that they have acquired the 100% of the quota capital of MF INOX S.r.l. from the Meroni family. This acquisition will increase the company revenue and strengthen their market position. This will also help them create fastener system for industries like oil& gas, energy etc.
Global industrial fasteners market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of industrial fasteners market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Insights in the report:
• Competitive analysis of key competitors involved in the market
• Complete analysis of market segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
• Market drivers and restraints analysis along with the analysis of the market structure
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Global Industrial Fasteners Market Segmentation:
By Raw Material
o Plastic
o Metal
By Product
o Externally Threaded
o Internally Threaded
o Non Threaded
o Aerospace Grade
By Application
o Automotive
o Aerospace
o Building and Construction
o Industrial Machinery
o Home Appliances
o Lawn and Garden
o Motors and Pumps
o Furniture
o Plumbing Products
o Others
By Bolt and Screw Type
o Anchor Bolt
o Carriage Bolts
o Flange Bolts
o Hex Head Bolts
o Hex Tap Bolts
o Lag Bolts
o Machine Bolts
o Deck Screws
o Hex Lag Screws
o Self-Drilling Screws
o Sheet Metal Screws
o Wood Screws
o Others
By Bolt Size
o Less than 1/4"
o 1/4"- 3/4"
o 3/4"-1”
o More than 1”
By Finishes
o Zinc
o Zinc Dichromate
o Cadmium Dichromate
o Cadmium
o Phosphate
o Black Phosphate
o Chrome
o Nickel
o Carbon & Stainless Steel
o Others
By Geography
• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa
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