Press release
New Study: Asia Pacific Industrial Fasteners Market 2021 Size, Growth Analysis Report, Forecast to 2027
The Asia-Pacific industrial fasteners market is estimated to witness a strong CAGR of 5.8% during the forecast period (2021-2027). India, China, Australia, South Korea, and Japan are leading the market growth in the APAC region. Strong economic growth, coupled with growing construction activities and increasing disposable incomes, has primarily supported market growth in the region. APAC is also the largest market for the global construction industry as of 2019 and will continue to dominate the industry. However, the growth in construction activities declined in H1 2020, mainly due to the slowdown of construction in China and other key Asian countries, which was further worsened due to the COVID-19 outbreak. However, the decline is expected to be supplemented by the acceleration of construction activities in India and other South Asian countries as the region exits national lockdowns and the revival of both supply and demand is working to offset market dampening that resulted from regional slowdown and the COVID-19 pandemic.To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/asia-pacific-industrial-fasteners-market
Rapid urbanization and infrastructure development have resulted in the rise of megacities in the fast-growing economies of the region. The growing urban population and renovations have also supported the growth of the construction industry. Due to strong investments in infrastructure spending, especially in Australia, China, Hong Kong, Japan, the Philippines, Singapore, Taiwan, Thailand, Myanmar, and Vietnam, the Asia-Pacific industrial fasteners market is to emerge as the most potential one.
Browse for Full Report Description@ https://www.omrglobal.com/industry-reports/asia-pacific-industrial-fasteners-market
Asia-Pacific Industrial Fasteners Market Report Segment
By Product Type
• Threaded
• Non-threaded
• Specialty
By Material
• Metal
• Non-metal
By End-user
• Automotive
• Aerospace
• Construction
• Consumer Appliance and Furniture
• Industrial and Consumer Machinery
Asia-Pacific Industrial Fasteners Market Report Segment
• China
• Japan
• India
• Rest of Asia-Pacific
Company Profiles
• Aoyama Seisakusho Co., Ltd.
• APL
• ARaymond
• Bagla Group
• Bulten AB (publ)
• Caparo Group
• EJOT
• Ever Hardware Industrial Limited
• Gem-Year Industrial Co., Ltd.
• Hilti Corporation
• Illinois Tool Works Inc.
• Kamax Group
• NIFCO INC.
• Nylok
• Wilhelm Böllhoff GmbH & Co. KG
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/asia-pacific-industrial-fasteners-market
Media Contact:
Company name: Orion Market Research
Contact person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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