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Fasteners Market - Growth, Trends And Forecast (2021 - 2026) By Types, By Application, By Regions and By Key Players - Shanghai Prime Machinery, Gem-Year, Boltun, Changshu City Standard Parts

02 Jan, 2020 | 119 Pages
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The global fasteners market was worth USD 86.12 billion in 2020, and it is predicted to increase at a compound annual growth rate (CAGR) of 4.5% between 2021 and 2028.



Fasteners Market Overview



A fastener is a hardware device that mechanically joins or affixes two or more objects together. In general, fasteners are used to create non-permanent joints; that is, joints that can be removed or dismantled without damaging the joining components. Welding is an example of creating permanent joints.Fasteners can also be used to close a container such as a bag, a box, or an envelope; or they may involve keeping together the sides of an opening of flexible material, attaching a lid to a container, etc. There are also special-purpose closing devices, e.g. a bread clip.Some types of woodworking joints make use of separate internal reinforcements, such as dowels or biscuits, which in a sense can be considered fasteners within the scope of the joint system, although on their own they are not general purpose fasteners. Plastic fasteners are used in the building & construction segment due to their superior strength. Corrosion resistance properties shall create huge investment in the new product development, catering to the demand for the product. Increasing consumer focus towards residential and commercial building aesthetics shall propel the industry growth in the interiors and cable management application during the forecast time period.



The report also assesses the key opportunities in the Fasteners market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global Fasteners Market has also been forecasted for the period 2021-2026, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.



Industry News and Updates



29-Sept-2020: Avantus Aerospace Buys Fastener Innovation and CalScrew in Back to Back Deals-- 

Avantus Aerospace, which makes C-Class and Composite parts for the aerospace and defense industry, acquired two California fastener manufacturers, announcing the deals in the space of just one week:  Fastener Innovation Technology, in Rancho Dominguez, on Sept. 29; and California Screw Products, in Paramount, on Oct. 6.



What are the major Applications, Types and Regions for Fasteners Market?



Fasteners Market is segmented based on the type, applications, companies and regions.



By Type, Fasteners Market has been segmented into 




  • Steel Type

  • Cooper Type

  • Aluminum Type

  • Others



By Application, Fasteners Market has been segmented into 




  • Automotive Industry

  • Machinery Industry

  • Construction Industry

  • MRO

  • Others



Fasteners Market Segments Analysis



The automotive industry application category dominated the market and is expected to continue to do so in the forecast period. Automotive industrial fasteners are typically made of stainless steel, iron, nickel, aluminium, plastic, and brass. The market size is being driven by an increase in vehicle production, an increase in the use of electronics in vehicles, and a shift in focus towards lightweight vehicles. In addition, companies are changing from standard to customised products, which is expected to boost market growth.



Fasteners Market Regional Analysis



The report offers in-depth assessment of the growth and other aspects of the Fasteners Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.



China, India, Japan, and South Korea dominate the Asia Pacific market. The government's investments in commercial and residential construction projects are expected to improve the region's market. Due to the existence of medium- and small-scale producers in China, the country accounted for the majority of worldwide plastic fastener manufacturing. The region's product demand will be fueled by an increase in the number of aircraft deliveries and orders facilities due to newer generation aircraft demand. Asia Pacific is a major hub for aerospace fasteners manufacturers, who supply industrial fasteners to aerospace OEMs in North America and Europe.



During the projected period, the North American market is expected to grow at a rapid pace. The growth of the regional industry will be fueled by the rise in electric vehicle manufacturing in the United States, as well as the growing relevance of plastic fastening goods in the automotive sector. The existence of numerous aircraft OEMs in North America, such as Bombardier in Canada, Textron in the United States, and Boeing in the United States, will drive the market share.



Europe has the second-largest industrial fasteners market share, owing to the region's broad demand for compact tractors and lawnmowers, which is expected to expand in the commercial and residential sectors. This market share will be fueled by the production of lawn and garden equipment in this region.



Fasteners Market highlights the potential growth opportunities in upcoming years, while reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape and other key aspects in the global market. The Global Fasteners Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry. This Research Study compares the markets of Pre COVID-19 and Post COVID-19 with the impact of COVID-19 on the regional economy.



What is our Fasteners Market report scope?























































Report Attributes



Report Details



Forecast Period 2022 to 2027 CAGR



CAGR of 4.5% over the forecast period (2022-2027)



By Type




  • Steel Type

  • Cooper Type

  • Aluminum Type

  • Others



By Application




  • Automotive Industry

  • Machinery Industry

  • Construction Industry

  • MRO

  • Others



By Companies



Shanghai Prime Machinery, Gem-Year, Boltun, Changshu City Standard Parts, Xingyi Fasteners, Jiaxing Brother, Ningbo Jinding, Zhejiang Zhapu, Tianbao Fastener, Tong Hwei, Ruibiao, SHBC, Xinxing Fasteners



Regions Covered




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



119



Customization Available



Yes, the report can be customized as per your needs




 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



Key Takeaways from this Fasteners Report




  • Evaluate Fasteners market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.

  • Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.

  • Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.

  • Analyze the sales and distribution channels across key geographies to improve top-line revenues.

  • Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the Fasteners market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

  • Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.



Frequently Asked Questions



What is the growth rate of Fasteners Market?



The Fasteners Market is growing at a CAGR of 4.5% over the next 5 years.



Who are the key players in Fasteners Market?



Shanghai Prime Machinery, Gem-Year, Boltun, Changshu City Standard Parts, Xingyi Fasteners, Jiaxing Brother, Ningbo Jinding, Zhejiang Zhapu, Tianbao Fastener, Tong Hwei, Ruibiao, SHBC, Xinxing Fasteners



What are the significant types of Fasteners Market?



Steel Type, Cooper Type, Aluminum Type, Others



What are the major end-use applications of Fasteners Market?



Automotive Industry, Machinery Industry, Construction Industry, MRO, Others 



On the basis of application, Which segment is likely to hold the major share in the Fasteners Market?



Automotive Industry to hold the largest share in Fasteners market.



All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.


  1. Fasteners Introduction and Market Overview

    1. Objectives of the Study

    2. Overview of Fasteners

    3. Scope of The Study

      1. Key Market Segments

      2. Players Covered

      3. COVID-19's impact on the Fasteners industry



    4. Methodology of The Study

    5. Research Data Source



  2. Executive Summary

    1. Market Overview

      1. Global Fasteners Market Size, 2016 to 2021

      2. Global Fasteners Market Size by Type, 2016 to 2021

      3. Global Fasteners Market Size by Application, 2016 to 2021

      4. Global Fasteners Market Size by Region, 2016 to 2021



    2. Business Environment Analysis

      1. Global COVID-19 Status and Economic Overview

      2. Influence of COVID-19 Outbreak on Fasteners Industry Development





  3. Industry Chain Analysis

    1. Upstream Raw Material Suppliers of Fasteners Analysis

    2. Major Players of Fasteners

    3. Fasteners Manufacturing Cost Structure Analysis

      1. Production Process Analysis

      2. Manufacturing Cost Structure of Fasteners

      3. Labor Cost of Fasteners



    4. Market Distributors of Fasteners

    5. Major Downstream Buyers of Fasteners Analysis

    6. The Impact of Covid-19 From the Perspective of Industry Chain

    7. Regional Import and Export Controls Will Exist for a Long Time

    8. Continued downward PMI Spreads Globally



  4. Global Fasteners Market, by Type

    1. Global Fasteners Value and Market Share by Type (2016 - 2021)

    2. Global Fasteners Production and Market Share by Type (2016 - 2021)

    3. Global Fasteners Value and Growth Rate by Type (2016 - 2021)

      1. Global Fasteners Value and Growth Rate of Steel Type

      2. Global Fasteners Value and Growth Rate of Cooper Type

      3. Global Fasteners Value and Growth Rate of Aluminum Type

      4. Global Fasteners Value and Growth Rate of Others

      5. Global Fasteners Value and Growth Rate of Other



    4. Global Fasteners Price Analysis by Type (2016 - 2021)



  5. Fasteners Market, by Application

    1. Downstream Market Overview

    2. Global Fasteners Consumption and Market Share by Application (2016 - 2021)

    3. Global Fasteners Consumption and Growth Rate by Application (2016 - 2021)

      1. Automotive Industry Global Fasteners Consumption and Growth Rate (2016-2021)

      2. Machinery Industry Global Fasteners Consumption and Growth Rate (2016-2021)

      3. Construction Industry Global Fasteners Consumption and Growth Rate (2016-2021)

      4. MRO Global Fasteners Consumption and Growth Rate (2016-2021)

      5. Others Global Fasteners Consumption and Growth Rate (2016-2021)





  6. Global Fasteners Market Analysis by Regions

    1. Global Fasteners Sales, Revenue and Market Share by Regions

      1. Global Fasteners Sales by Regions (2016 - 2021)

      2. Global Fasteners Revenue by Regions (2016 - 2021)



    2. North America Fasteners Sales and Growth Rate (2016 - 2021)

    3. Europe Fasteners Sales and Growth Rate (2016 - 2021)

    4. Asia-Pacific Fasteners Sales and Growth Rate (2016 - 2021)

    5. Middle East and Africa Fasteners Sales and Growth Rate (2016 - 2021)

    6. South America Fasteners Sales and Growth Rate (2016 - 2021)



  7. North America Fasteners Market Analysis by Countries

    1. The Influence of COVID-19 on North America Market

    2. North America Fasteners Sales, Revenue and Market Share by Countries

      1. North America Fasteners Sales by Countries (2016 - 2021)

      2. North America Fasteners Revenue by Countries (2016 - 2021



    3. United States Fasteners Sales and Growth Rate (2016 - 2021)

    4. Canada Fasteners Sales and Growth Rate (2016 - 2021)

    5. Mexico Fasteners Sales and Growth Rate (2016 - 2021)



  8. Europe Fasteners Market Analysis by Countries

    1. The Influence of COVID-19 on Europe Market

    2. Europe Fasteners Sales, Revenue and Market Share by Countries

      1. Europe Fasteners Sales by Countries (2016 - 2021)

      2. Europe Fasteners Revenue by Countries (2016 - 2021)



    3. Germany Fasteners Sales and Growth Rate (2016 - 2021)

    4. UK Fasteners Sales and Growth Rate (2016 - 2021)

    5. France Fasteners Sales and Growth Rate (2016 - 2021)

    6. Italy Fasteners Sales and Growth Rate (2016 - 2021)

    7. Spain Fasteners Sales and Growth Rate (2016 - 2021)

    8. Russia Fasteners Sales and Growth Rate (2016 - 2021)



  9. Asia Pacific Fasteners Market Analysis by Countries

    1. The Influence of COVID-19 on Asia Pacific Market

    2. Asia Pacific Fasteners Sales, Revenue and Market Share by Countries

      1. Asia Pacific Fasteners Sales by Countries (2016 - 2021)

      2. Asia Pacific Fasteners Revenue by Countries (2016 - 2021)



    3. China Fasteners Sales and Growth Rate (2016 - 2021)

    4. Japan Fasteners Sales and Growth Rate (2016 - 2021)

    5. South Korea Fasteners Sales and Growth Rate (2016 - 2021)

    6. India Fasteners Sales and Growth Rate (2016 - 2021)

    7. Southeast Asia Fasteners Sales and Growth Rate (2016 - 2021)

    8. Australia Fasteners Sales and Growth Rate (2016 - 2021)



  10. Middle East and Africa Fasteners Market Analysis by Countries

    1. The Influence of COVID-19 on Middle East and Africa Market

    2. Middle East and Africa Fasteners Sales, Revenue and Market Share by Countries

      1. Middle East and Africa Fasteners Sales by Countries (2016 - 2021)

      2. Middle East and Africa Fasteners Revenue by Countries (2016 - 2021)


      Application_List

    3. Saudi Arabia Fasteners Sales and Growth Rate (2016 - 2021)

    4. UAE Fasteners Sales and Growth Rate (2016 - 2021)

    5. Egypt Fasteners Sales and Growth Rate (2016 - 2021)

    6. Nigeria Fasteners Sales and Growth Rate (2016 - 2021)

    7. South Africa Fasteners Sales and Growth Rate (2016 - 2021)



  11. South America Fasteners Market Analysis by Countries

    1. The Influence of COVID-19 on Middle East and Africa Market

    2. South America Fasteners Sales, Revenue and Market Share by Countries

      1. South America Fasteners Sales by Countries (2016 - 2021)

      2. South America Fasteners Revenue by Countries (2016 - 2021)



    3. Brazil Fasteners Sales and Growth Rate (2016 - 2021)

    4. Argentina Fasteners Sales and Growth Rate (2016 - 2021)

    5. Columbia Fasteners Sales and Growth Rate (2016 - 2021)

    6. Chile Fasteners Sales and Growth Rate (2016 - 2021)



  12. Competitive Landscape

    1. Shanghai Prime Machinery

      1. Shanghai Prime Machinery Basic Information

      2. Fasteners Product Introduction

      3. Shanghai Prime Machinery Production, Value, Price, Gross Margin 2016 - 2021



    2. Gem-Year

      1. Gem-Year Basic Information

      2. Fasteners Product Introduction

      3. Gem-Year Production, Value, Price, Gross Margin 2016 - 2021



    3. Boltun

      1. Boltun Basic Information

      2. Fasteners Product Introduction

      3. Boltun Production, Value, Price, Gross Margin 2016 - 2021



    4. Changshu City Standard Parts

      1. Changshu City Standard Parts Basic Information

      2. Fasteners Product Introduction

      3. Changshu City Standard Parts Production, Value, Price, Gross Margin 2016 - 2021



    5. Xingyi Fasteners

      1. Xingyi Fasteners Basic Information

      2. Fasteners Product Introduction

      3. Xingyi Fasteners Production, Value, Price, Gross Margin 2016 - 2021



    6. Jiaxing Brother

      1. Jiaxing Brother Basic Information

      2. Fasteners Product Introduction

      3. Jiaxing Brother Production, Value, Price, Gross Margin 2016 - 2021



    7. Ningbo Jinding

      1. Ningbo Jinding Basic Information

      2. Fasteners Product Introduction

      3. Ningbo Jinding Production, Value, Price, Gross Margin 2016 - 2021



    8. Zhejiang Zhapu

      1. Zhejiang Zhapu Basic Information

      2. Fasteners Product Introduction

      3. Zhejiang Zhapu Production, Value, Price, Gross Margin 2016 - 2021



    9. Tianbao Fastener

      1. Tianbao Fastener Basic Information

      2. Fasteners Product Introduction

      3. Tianbao Fastener Production, Value, Price, Gross Margin 2016 - 2021



    10. Tong Hwei

      1. Tong Hwei Basic Information

      2. Fasteners Product Introduction

      3. Tong Hwei Production, Value, Price, Gross Margin 2016 - 2021



    11. Ruibiao

      1. Ruibiao Basic Information

      2. Fasteners Product Introduction

      3. Ruibiao Production, Value, Price, Gross Margin 2016 - 2021



    12. SHBC

      1. SHBC Basic Information

      2. Fasteners Product Introduction

      3. SHBC Production, Value, Price, Gross Margin 2016 - 2021



    13. Xinxing Fasteners

      1. Xinxing Fasteners Basic Information

      2. Fasteners Product Introduction

      3. Xinxing Fasteners Production, Value, Price, Gross Margin 2016 - 2021





  13. Industry Outlook

    1. Market Driver Analysis

      1. Market Restraints Analysis

      2. Market Trends Analysis



    2. Merger, Acquisition and New Investment

    3. News of Product Release



  14. Global Fasteners Market Forecast

    1. Global Fasteners Market Value & Volume Forecast, by Type (2021 - 2025)

      1. Global Fasteners Value and Growth Rate of Steel Type

      2. Global Fasteners Value and Growth Rate of Cooper Type

      3. Global Fasteners Value and Growth Rate of Aluminum Type

      4. Global Fasteners Value and Growth Rate of Others



    2. Global Fasteners Market Value & Volume Forecast, by Application (2021 - 2025)

      1. Automotive Industry Global Fasteners Consumption and Growth Rate (2021-2025)

      2. Machinery Industry Global Fasteners Consumption and Growth Rate (2021-2025)

      3. Construction Industry Global Fasteners Consumption and Growth Rate (2021-2025)

      4. MRO Global Fasteners Consumption and Growth Rate (2021-2025)

      5. Others Global Fasteners Consumption and Growth Rate (2021-2025)



    3. Fasteners Market Analysis and Forecast by Region

      1. North America Market Value and Consumption Forecast (2021 - 2025)

      2. Asia Pacific Market Value and Consumption Forecast (2021 - 2025)

      3. Middle East and Africa Market Value and Consumption Forecast (2021 - 2025)

      4. South America Market Value and Consumption Forecast (2021 - 2025)





  15. New Project Feasibility Analysis

    1. Industry Barriers and New Entrants SWOT Analysis

      1. Porter's Five Forces Analysis

      2. New Entrants SWOT Analysis



    2. Analysis and Suggestions on New Project Investment



SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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