Press release
Plastic Fasteners Market 2020 by Business Opportunity, Innovations, Applications, Upcoming-Trends, Growth-Analysis, Demand-Insight, Segmentation, Top-Manufacturers and Forecast 2027 | Top Players are Melfast, Volt Industrial Plastics, Avery Dennison Corpo
Plastic Fasteners Market at a CAGR of 6.4 % By the year 2027
In market segmentation by manufacturers, the report covers the following companies:- Illinois Tool Works, Nifco, Stanley Black & Decker, Bossard Group, E & T Fasteners, micro plastics, Craftech Industries, Melfast, Volt Industrial Plastics, Avery Dennison Corporation, Araymond, ATF Inc.
Plastic fasteners is rising due to the introduction of the same or even an improved fastener technology to that of the metal counterpart, which is further expected to spur the growth of the global plastic fasteners market. Likewise, the emerging markets of Asia-Pacific and Latin America are anticipated to provide stellar avenues for the key players involved in the global plastic fasteners market.
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This report covers the recent COVID-19 incidence and its impact on Plastic Fasteners Market. The pandemic has widely affected the economic scenario. This study assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.
The automotive and aerospace industries are struggling to keep the weight of the object low, this purpose served by screw and fastener, it has seen unprecedented growth due to the current need to meet light weight automotive. Properties of plastic makes it usable for the application of Plumbing valves, pipes, decorative handles, seals, and more, they are shifting toward plastic because it is less susceptible to corrosion and disfigurement, especially compared to traditional metals.
The global vehicle purchase increase from 892 million units in 2005 to 1.3 billion units in 2015, construction is increasing globally, these are the key drivers for the global plastic fasteners market growth. Furthermore, the demand of different products is likely to increase during the analysis period, thereby boosting the global plastic fasteners market.
Segments covered in the report:
For the purpose of this report, Reports and Data has segmented the Plastic Fasteners market on the basis of material Type, Product type, End-use and region:
Material (Revenue, USD Million; 2020-2027)
Nylon
Polyarylamide
Thermoplastic Polyurethane
PEEK and PPA
Other
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Product type (Revenue, USD Million; 2020-2027)
Rivets and push in clips
cable ties and clips
thread fastener
washer, spacers and bushes
other
End-Use (Revenue, USD Million; 2020-2027)
Automotive
Building construction
Electrical and electronics
Retail
other
Regional Outlook (Revenue in USD Million; 2020-2027)
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Further key findings from the report suggest:-
Asia Pacific region is expected to grow with the highest CAGR of 6.6% from 2019-2027 in the global plastic fasteners market due to growing nation and increase in population of the major economic countries like China and India, followed by Middle East Africa region which is registered with the CAGR of 6.5%
Plastic is useful prevent electrical conductivity in certain areas of the electronic or electrical device, it is used in everything from the housing to the plastic screws, plastic washers and special fasteners
The automotive and aerospace industries are struggling to keep the weight of the object low, this purpose is being served by products; hence this industry it has seen unprecedented growth due to the current need to meet light weight automotives
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Properties of Plastic makes it usable for the application of Plumbing valves, pipes, decorative handles, seals, and more, they are shifting toward plastic because it is less susceptible to corrosion and disfigurement, especially compared to traditional metals
The research report answers the following key questions:
What is the growth rate of the market during the forecast period between 2016 to 2027?
What are the significant drivers and constraints that will impact the future of the Plastic Fasteners Market?
How much is the market size and share estimated to grow in the forecast period?
Who are the key industry players and which executive strategies will they employ that can substantially impact the growth of the Plastic Fasteners Market globally?
What are the most notable trends observed in the past data that can be expected to affect the CAGR of the Plastic Fasteners Market?
What are the predictions for the Plastic Fasteners Market industry in the forecast period based on the detailed analysis of its critical aspects?
We also provide reports as per the user's requirement of segmentations and for specific geographical regions.
Table of Content
Global Plastic Fasteners Market Research Report
Chapter 1 Global Plastic Fasteners Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Productions, Revenue (Value) by Region
Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions
Chapter 6 Global Productions, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Plastic Fasteners Market Forecast
Browse the comprehensive TOC and data tables @https://www.reportsanddata.com/report-detail/plastic-fasteners-market
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