Press release
Marine Fasteners Market to reach USD 1306.03 Mn. by 2029, emerging at a CAGR of 6.55 percent and forecast 2023-2029
The recently released industry analysis report titled "Global Marine Fasteners Market Analysis and Forecast 2023-2029" provides comprehensive insights into the market trends, drivers, restraints, and regional dynamics influencing the marine fasteners market. The report segments the market based on product type, material type, application, and region, offering an in-depth understanding of key factors shaping the industry's landscape.
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Marine Fasteners Market Dynamics:
The increasing prevalence of onshore and offshore activities has been a major driver for the marine fasteners market. The industry's growth is further propelled by the construction of robust marine vessels capable of withstanding extreme weather conditions. The maritime sector's growing reliance on sea transport, which accounts for about 90% of global foreign trade, is expected to drive the market throughout the forecast period. Additionally, the shift towards lightweight materials in marine vehicle bodies is boosting demand for high-performance fasteners.
Marine Fasteners Market Regional Insights:
The Asia Pacific region leads the global marine fasteners market, driven by significant shipbuilding activities in countries like China, Japan, and South Korea. With 93% of shipbuilding occurring in these nations, the region commands a substantial market share. Europe is poised for rapid growth due to increased construction activities of naval ships, cruise ships, luxury yachts, and tugboats. Other regions are also showing steady growth due to continuous advancements in the marine industry.
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Marine Fasteners Market Segmentation:
by Product Type
Screws
Bolts
Nuts
Togglers
Bits
Washers
Canvas Fasteners
Others (Hog Rings, Nails, etc.)
by Material Type
Stainless Steel
Aluminum
Bronze/Brass
Nickel Alloys
Others (Nylon, Plastic Polyethylene, Rubber etc.)
by Application
Merchant Marine
Fishing Vessels
Yacht/Recreational Boat
Others (Military, offshore support vessels)
Marine Fasteners Market Key Players:
Attwood Marine Products
2. SEASTAR SOLUTIONS
3. Marine Fasteners, Inc
4. Fasco Fasteners
5. Bainbridge Marine
6. HandiMan Marine
7. Arrow Fastener Company, LLC
8. Perfect Fit - McDonald Inc.
9. Sea-Dog Corporation
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Table of content for the Marine Fasteners Market includes:
Global Marine Fasteners Market : Research Methodology
Global Marine Fasteners Market : Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Marine Fasteners Market : Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size and Forecast by different segment | 2023-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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