Industrial Fasteners Market

Report Scope

This report analyses the global industrial fasteners market in terms of product type, application, and geography. Based on product type, the global industrial fasteners market is segmented into standard industrial fasteners (external threaded, internal threaded, and non-threaded), aerospace-grade fasteners, and other application-specific fasteners. Similarly, on the basis of application, the market for industrial fasteners is further classified into original equipment manufacturing, construction, maintenance, repair, and operations (MRO). The geographical distribution of the global industrial fasteners market considered in this study encompasses regional markets such as North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.

The steady growth in the industrial output, coupled with investments made by the governments in aviation and aerospace projects, is identified as the major factor driving the industrial fasteners market. In addition, a resurgence in the construction sector post-economic crisis is further expected to drive demand for industrial fasteners worldwide. These factors are expected to contribute to a CAGR of 5.3% during the forecast period of 2016–2023. However, issues such as lack of product differentiation resulting in price wars and profit crunching pose a moderate challenge to market growth. The industrial fasteners market is expected to reach US$ 107.3 Bn by 2023.

1.1 Report Description

Purpose of the Report

The purpose of this strategic research study titled “Industrial Fasteners Market: Growth, Share, Opportunities, and Competitive Analysis, 2016–2023” is to offer industry investors, company executives, and industry participants in-depth insights to enable them to make informed strategic decisions related to the opportunities in the industrial fasteners market.

1.1.1 Target Audience

• Industry Investors
• Industrial Fastener Manufacturers
• Original Equipment Manufacturers
• Other component manufacturers
• Distributors, Retailers, and End-Users

Overall, the research study provides a holistic view of the global industrial fasteners market, offering market size and estimates for the period from 2013 to 2023, keeping in mind the above-mentioned factors.

Based on product type, the global industrial fasteners market is segmented into the following categories:

• Standard Fasteners
• External Threaded
• Internally Threaded
• Non-Threaded
• Aerospace-grade Fasteners
• Application-specific Fastener

In the base year 2015, standard fasteners represented the largest product segment in the global industrial fasteners market. Externally threaded fasteners, including standard screws and standard bolts, were the most dominant product sub-segment within the standard industrial fasteners segment. This is largely on account of their increasing use in automotive and construction applications. The segment accounted for over half of the global market revenue in the same year and is presumed to register gains, especially in the first half of the forecast period, but at a subdued rate as compared to that witnessed during 2010–2015.

The sluggish growth in the standard industrial fasteners market can be attributed to the expected slowdown in the production of motor vehicles and machinery shipments during the forecast period of 2016–2023. On the other hand, aerospace-grade industrial fasteners are poised to exhibit the fastest growth, largely supported by the multitude of investments made in the aerospace and defense sectors by governments across the globe.

On the basis of application, the global industrial fasteners market is categorized into the following segments:

• Original Equipment Manufacturing
• Construction
• Maintenance and Repair Operations (MRO)

The use of industrial fasteners by automotive OEMs, industrial machinery OEMs, electrical and electronics OEMs, and aerospace OEMs collectively accounted for the majority of the global industrial fasteners market revenue share in the base year 2015. The trend shall prolong, and the segment is poised to retain its dominant position throughout the forecast period. Steady growth in the production of automotive, industrial machinery, and electronic components is driving demand for industrial fasteners for original equipment manufacturing.

On the other hand, the use of industrial fasteners for maintenance, repair, and operations is expected to witness robust growth. The growth in this segment can be largely credited to the larger share of the original equipment manufacturing segment. Thus, a steady rise in industrial output and continued growth in service revenues and government expenditure bode well for market growth in the MRO segment.

On the basis of geography, the global market for industrial fasteners is segmented into the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • Italy
  • U.K.
  • Russia
  • Rest of Europe
• Asia-Pacific
  • India
  • China
  • Japan
  • Rest of Asia-Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East and Africa
  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa

As of 2015, Asia Pacific dominated the industrial fasteners market in terms of both revenue and unit shipments. Asia Pacific led the global industrial fasteners market on account of an increasing inflow of foreign funds and a resurgence in the manufacturing sector. China is the leading exporter and producer of industrial fasteners worldwide and is presumed to register strong gains in the coming years. Steady growth in the production of industrial machinery and electronic components is driving demand for fasteners in China.

In addition, dedicated investments by the government in aviation and aerospace projects are also supporting the demand for industrial fasteners in China. On the other hand, the market for industrial fasteners in North America and Europe is slowly regaining its original growth levels after the bleak market conditions prevalent during the economic recession.

1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted

2. Executive Summary
2.1. Global Industrial Fasteners Market Snapshot

3. Global Industrial Fasteners Market Analysis
3.1. Global Industrial Fasteners Market Overview
3.2. Market Inclination Insights
3.2.1. Recent Trends
3.2.2. Future Outlook
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.2. Market Challenges
3.3.3. Opportunity Matrix
3.4. Porters Five Force Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitutes
3.4.4. Industry Rivalry
3.4.5. Threat of New Entrant
3.5. Attractive Investment Proposition
3.6. Competitive Landscape
3.6.1. Market Positioning of Leading Manufacturers
3.6.2. Major Strategies Adopted
3.6.3. Analyst Recommendations

4. Global Industrial Fasteners Market Revenue, By Type, 2013 – 2023 (US$ Bn)
4.1. Tornado Analysis
4.2. Standard Industrial Fasteners
4.2.1. External Threaded (Screw, Bolts, etc.)
4.2.2. Internal Threaded (Nuts, etc.)
4.2.3. Non-Threaded (Rivets, Washers, etc.)
4.3. Aerospace-grade Fasteners
4.4. Other Application-specific Fasteners

5. Global Industrial Fasteners Market Revenue, By Application, 2013 – 2023 (US$ Bn)
5.1. Tornado Analysis
5.2. Original Equipment Manufacturing
5.3. Construction
5.4. MRO (Maintenance/Repair/Operation)

6. North America Industrial Fasteners Market Analysis, 2013 – 2023 (US$ Bn)
6.1. North America Industrial Fasteners Market Revenue, By Type, 2013 – 2023 (US$ Bn)
6.1.1. Standard Industrial Fasteners
6.1.1.1. External Threaded (Screw, Bolts, etc.)
6.1.1.2. Internal Threaded (Nuts, etc.)
6.1.1.3. Non-Threaded (Rivets, Washers, etc.)
6.1.2. Aerospace-grade Fasteners
6.1.3. Other Application-specific Fasteners
6.2. North America Industrial Fasteners Market Revenue, By Application, 2013 – 2023 (US$ Bn)
6.2.1. Original Equipment Manufacturing
6.2.2. Construction
6.2.3. MRO (Maintenance/Repair/Operation)
6.3. North America Industrial Fasteners Market Revenue, By Country, 2013 – 2023 (US$ Bn)
6.3.1. U.S.
6.3.1.1. U.S. Industrial Fasteners Market Revenue, By Type, 2013 – 2023 (US$ Bn)
6.3.1.2. U.S. Industrial Fasteners Market Revenue, By Application, 2013 – 2023 (US$ Bn)
6.3.2. Canada
6.3.2.1. Canada Industrial Fasteners Market Revenue, By Type, 2013 – 2023 (US$ Bn)
6.3.2.2. Canada Industrial Fasteners Market Revenue, By Application, 2013 – 2023 (US$ Bn)

7. Europe Industrial Fasteners Market Analysis, 2013 – 2023 (US$ Bn)
7.1. Europe Industrial Fasteners Market Revenue, By Type, 2013 – 2023 (US$ Bn)
7.1.1. Standard Industrial Fasteners
7.1.1.1. External Threaded (Screw, Bolts, etc.)
7.1.1.2. Internal Threaded (Nuts, etc.)
7.1.1.3. Non-Threaded (Rivets, Washers, etc.)
7.1.2. Aerospace-grade Fasteners
7.1.3. Other Application-specific Fasteners
7.2. Europe Industrial Fasteners Market Revenue, By Application, 2013 – 2023 (US$ Bn)
7.2.1. Original Equipment Manufacturing
7.2.2. Construction
7.2.3. MRO (Maintenance/Repair/Operation)
7.3. Europe Industrial Fasteners Market Revenue, By Region, 2013 – 2023 (US$ Bn)
7.3.1. U.K.
7.3.1.1. U.K. Industrial Fasteners Market Revenue, By Type, 2013 – 2023 (US$ Bn)
7.3.1.2. U.K. Industrial Fasteners Market Revenue, By Application, 2013 – 2023 (US$ Bn)
7.3.2. Germany
7.3.2.1. Germany Industrial Fasteners Market Revenue, By Type, 2013 – 2023 (US$ Bn)
7.3.2.2. Germany Industrial Fasteners Market Revenue, By Application, 2013 – 2023 (US$ Bn)
7.3.3. France
7.3.3.1. France Industrial Fasteners Market Revenue, By Type, 2013 – 2023 (US$ Bn)
7.3.3.2. France Industrial Fasteners Market Revenue, By Application, 2013 – 2023 (US$ Bn)
7.3.4. Rest of Europe
7.3.4.1. Rest of Europe Industrial Fasteners Market Revenue, By Type, 2013 – 2023 (US$ Bn)
7.3.4.2. Rest of Europe Market Revenue, By Application, 2013 – 2023 (US$ Bn)

8. Asia Pacific Industrial Fasteners Market Analysis, 2013 – 2023 (US$ Bn)
8.1. Asia Pacific Industrial Fasteners Market Revenue, By Type, 2013 – 2023 (US$ Bn)
8.1.1. Standard Industrial Fasteners
8.1.1.1. External Threaded (Screw, Bolts, etc.)
8.1.1.2. Internal Threaded (Nuts, etc.)
8.1.1.3. Non-Threaded (Rivets, Washers, etc.)
8.1.2. Aerospace-grade Fasteners
8.1.3. Other Application-specific Fasteners
8.2. Asia Pacific Industrial Fasteners Market Revenue, By Application, 2013 – 2023 (US$ Bn)
8.2.1. Original Equipment Manufacturing
8.2.2. Construction
8.2.3. MRO (Maintenance/Repair/Operation)
8.3. Asia Pacific Industrial Fasteners Market Revenue, By Country, 2013 – 2023 (US$ Bn)
8.3.1. Japan
8.3.1.1. Japan Industrial Fasteners Market Revenue, By Type, 2013 – 2023 (US$ Bn)
8.3.1.2. Japan Industrial Fasteners Market Revenue, By Application, 2013 – 2023 (US$ Bn)
8.3.2. China
8.3.2.1. China Industrial Fasteners Market Revenue, By Type, 2013 – 2023 (US$ Bn)
8.3.2.2. China Industrial Fasteners Market Revenue, By Application, 2013 – 2023 (US$ Bn)
8.3.3. India
8.3.3.1. India Industrial Fasteners Market Revenue, By Type, 2013 – 2023 (US$ Bn)
8.3.3.2. India Industrial Fasteners Market Revenue, By Application, 2013 – 2023 (US$ Bn)
8.3.4. Rest of Asia Pacific
8.3.4.1. Rest of Asia Pacific Industrial Fasteners Market Revenue, By Type, 2013 – 2023 (US$ Bn)
8.3.4.2. Rest of Asia Pacific Industrial Fasteners Market Revenue, By Application, 2013 – 2023 (US$ Bn)

9. Rest of World Industrial Fasteners Market Analysis, 2013 – 2023 (US$ Bn)
9.1. Rest of World Industrial Fasteners Market Revenue, By Type, 2013 – 2023 (US$ Bn)
9.1.1. Standard Industrial Fasteners
9.1.1.1. External Threaded (Screw, Bolts, etc.)
9.1.1.2. Internal Threaded (Nuts, etc.)
9.1.1.3. Non-Threaded (Rivets, Washers, etc.)
9.1.2. Aerospace-grade Fasteners
9.1.3. Other Application-specific Fasteners
9.2. Rest of World Industrial Fasteners Market Revenue, By Application, 2013 – 2023 (US$ Bn)
9.2.1. Original Equipment Manufacturing
9.2.2. Construction
9.2.3. MRO (Maintenance/Repair/Operation)
9.3. Rest of World Industrial Fasteners Market Revenue, By Region, 2013 – 2023 (US$ Bn)
9.3.1. Latin America
9.3.1.1. Latin America Industrial Fasteners Market Revenue, By Type, 2013 – 2023 (US$ Bn)
9.3.1.2. Latin America Pacific Industrial Fasteners Market Revenue, By Application, 2013 – 2023 (US$ Bn)
9.3.2. Middle-East and Africa
9.3.2.1. Middle-East and Africa Industrial Fasteners Market Revenue, By Type, 2013 – 2023 (US$ Bn)
9.3.2.2. Middle-East and Africa Industrial Fasteners Market Revenue, By Application, 2013 – 2023 (US$ Bn)

10. Company Profiles
10.1. Precision Castparts Corporation
10.2. Stanley Black & Decker Inc.
10.3. Wilhelm Bollhoff GmbH & Co. KG
10.4. Nitto Seiko Co., Ltd.
10.5. Alcoa Fastening Systems
10.6. Acument Global Technologies Inc.
10.7. Illinois Tool Works Inc.
10.8. Finnveden Bulten AB
10.9. FabriSteel.
10.10. MacLean-Fogg Company
10.11. Atlas Bolt & Screw Company.
10.12. Anixter International
10.13. MNP Corporation
10.14. LISI Group
10.15. Nucor Corporation
10.16. The Marmon Group LLC

List of Figures

FIG. 1 Global Industrial Fasteners: Market Segmentation
FIG. 2 Global Industrial Fasteners Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global Industrial Fasteners Market, By Product Type, 2015 (US$ Bn)
FIG. 5 Global Industrial Fasteners Market, By Application, 2015 (US$ Bn)
FIG. 6 Global Industrial Fasteners Market, By Geography, 2015 (US$ Bn)
FIG. 7 Global Industrial Fasteners Market Revenue and Growth, 2013 – 2023, (US$ Bn and % Y-o-Y)
FIG. 8 See-Saw Analysis : Global Industrial Fasteners Market
FIG. 9 Porters Five Force Analysis: Global Industrial Fasteners Industry
FIG. 10 Market Positioning of Key Industry Participants, 2015
FIG. 11 Global Industrial Fasteners Market Revenue Contribution, By Product Type, 2015 & 2023 (Value %)
FIG. 12 Global Standard Industrial Fasteners Market Revenue and Growth, 2013 – 2023, (US$ Bn)
FIG. 13 Global External Threaded Industrial Fasteners Market Revenue and Growth, 2013 – 2023, (US$ Bn)
FIG. 14 Global Internal Threaded Industrial Fasteners Market Revenue and Growth, 2013 – 2023, (US$ Bn)
FIG. 15 Global Non-threaded Industrial Fasteners Market Revenue and Growth, 2013 – 2023, (US$ Bn)
FIG. 16 Global Aerospace-grade Industrial Fasteners Market Revenue and Growth, 2013 – 2023, (US$ Bn)
FIG. 17 Global Other Application-specific Industrial Fasteners Market Revenue and Growth, 2013 – 2023, (US$ Bn)
FIG. 18 Global Industrial Fasteners Market Revenue Contribution, By Application, 2015 & 2023 (US$ Bn)
FIG. 19 Global Industrial Fasteners Market Revenue and Growth for Original Equipment Manufacturing Application, 2013 – 2023, (US$ Bn)
FIG. 20 Global Industrial Fasteners Market Revenue and Growth for Construction Applications, 2013 – 2023, (US$ Bn)
FIG. 21 Global Industrial Fasteners Market Revenue and Growth for MRO Applications, 2013 – 2023, (US$ Bn)
FIG. 22 North America Industrial Fasteners Market Revenue and Growth, 2013 – 2023, (US$ Bn) (Y-o-Y %)
FIG. 23 Europe Industrial Fasteners Market Revenue and Growth, 2013 – 2023, (US$ Bn) (Y-o-Y %)
FIG. 24 Asia Pacific Industrial Fasteners Market Revenue and Growth, 2013 – 2023, (US$ Bn) (Y-o-Y %)
FIG. 25 RoW Industrial Fasteners Market Revenue and Growth, 2013– 2023, (US$ Bn) (Y-o-Y %)

List of Tables

TABLE 1 Market Snapshot: Global Industrial Fasteners Market
TABLE 2 Evolution of Industrial Fastenerss
TABLE 3 Impact Indicators
TABLE 4 Impact Analysis of Drivers and Restraints
TABLE 5 North America Industrial Fasteners Market Revenue, By Product Type, 2013 – 2023 (US$ Bn)
TABLE 6 North America Industrial Fasteners Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 7 North America Industrial Fasteners Market Revenue, By Country, 2013 – 2023 (US$ Bn)
TABLE 8 U.S. Industrial Fasteners Market Revenue, By Product Type, 2013 – 2023 (US$ Bn)
TABLE 9 U.S. Industrial Fasteners Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 10 Canada Industrial Fasteners Market Revenue, By Product Type, 2013 – 2023 (US$ Bn)
TABLE 11 Canada Industrial Fasteners Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 12 Europe Industrial Fasteners Market Revenue, By Product Type, 2013 – 2023 (US$ Bn)
TABLE 13 Europe Industrial Fasteners Market Revenue, By Application, 2015 – 2023 (US$ Bn)
TABLE 14 Europe Industrial Fasteners Market Revenue, By Country, 2013 – 2023 (US$ Bn)
TABLE 15 U.K. Industrial Fasteners Market Revenue, By Product Type, 2013 – 2023 (US$ Bn)
TABLE 16 U.K. Industrial Fasteners Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 17 France Industrial Fasteners Market Revenue, By Product Type, 2013 – 2023 (US$ Bn)
TABLE 18 France Industrial Fasteners Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 19 Germany Industrial Fasteners Market Revenue, By Product Type, 2013 – 2023 (US$ Bn)
TABLE 20 Germany Industrial Fasteners Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 21 Rest of Europe Industrial Fasteners Market Revenue, By Product Type, 2013 – 2023 (US$ Bn)
TABLE 22 Rest of Europe Industrial Fasteners Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 23 Asia Pacific Industrial Fasteners Market Revenue, By Product Type, 2013 – 2023 (US$ Bn)
TABLE 24 Asia Pacific Industrial Fasteners Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 25 Asia Pacific Industrial Fasteners Market Revenue, By Country, 2013 – 2023 (US$ Bn)
TABLE 26 China Industrial Fasteners Market Revenue, By Product Type, 2013- 2023 (US$ Bn)
TABLE 27 China Industrial Fasteners Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 28 Japan Industrial Fasteners Market Revenue, By Product Type, 2013 – 2023 (US$ Bn)
TABLE 29 Japan Industrial Fasteners Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 30 India Industrial Fasteners Market Revenue, By Product Type, 2013 – 2023 (US$ Bn)
TABLE 31 India Industrial Fasteners Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 32 Rest of Asia Pacific Industrial Fasteners Market Revenue, By Product Type, 2013 – 2023 (US$ Bn)
TABLE 33 Rest of Asia Pacifc Industrial Fasteners Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 34 Rest of World Industrial Fasteners Market Revenue, By Product Type, 2013 – 2023 (US$ Bn)
TABLE 35 Rest of World Industrial Fasteners Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 36 Rest of World Industrial Fasteners Market Revenue, By Region, 2013 – 2023 (US$ Bn)
TABLE 37 Latin America Industrial Fasteners Market Revenue, By Product ype, 2013 – 2023 (US$ Bn)
TABLE 38 Latin America Industrial Fasteners Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 39 Middle-East and Africa Industrial Fasteners Market Revenue, By Product Type, 2013 – 2023 (US$ Bn)
TABLE 40 Middle-East and Africa Industrial Fasteners Market Revenue, By Application, 2013 – 2023 (US$ Bn)