Industrial Fasteners Market Growth, Share To 2020: Grand View Research, Inc. - PowerPoint PPT Presentation

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Industrial Fasteners Market Growth, Share To 2020: Grand View Research, Inc.

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Advanced processing technique and improved mechanical properties of fasteners is expected to serve new growth opportunities for the market. – PowerPoint PPT presentation

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Title: Industrial Fasteners Market Growth, Share To 2020: Grand View Research, Inc.


1
Global Industrial FastenersMarket Expected
To Reach USD 104.32 Billion By 2020 Grand View
Research, Inc.
  • Grand View Research has announced the addition of
    "Global Industrial Fasteners Market Analysis And
    Segment Forecasts To 2020" Market Research report
    to their Database

2
  • Global industrial fasteners market(
    http//www.grandviewresearch.com/industry-analysis
    /industrial-fasteners-market ) is expected to
    reach USD 104.32 billion by 2020, according to a
    new study by Grand View Research, Inc. Increasing
    demand for fasteners in automotive industry
    coupled with growing construction spending as a
    result of economic growth and industrialization
    in emerging markets of China, Brazil, Saudi
    Arabia, Australia, Indonesia and India is
    expected to drive demand for fasteners over the
    next six years. Asia Pacific is expected to
    witness growth on account of increasing
    government investments in commercial aircraft
    aerospace, defense and non building construction.
    Advanced processing technique and improved
    mechanical properties of fasteners is expected to
    serve new growth opportunities for the market. In
    addition, development of railroad fasteners is
    expected to open new market avenues for
    manufacturers over the next six years.
  • Externally threaded fasteners were the largest
    product segment and accounted for over 45 of
    market share in 2013. Growth can be attributed to
    increasing use of fasteners in the automotive
    OEM, machinery OEM and construction industry.

3
  • Further key findings from the study suggest
  • Automotive OEM was the second largest
    application market accounting for over 20 of
    revenue share in 2013 and is expected to show
    significant growth over the forecast period as a
    result of increasing production of automobiles in
    China, Japan, Australia, Mexico, U.S. and India.
  • Construction is expected to witness swift demand
    growth at an estimated CAGR of 6.9 from 2014 to
    2020, due to rising government funding for large
    scale infrastructure and residential construction
    in emerging markets of China, Argentina, India,
    Saudi Arabia and Indonesia.
  • Asia Pacific was the largest regional market
    accounting for over 30 revenue share in 2013 and
    is expected to witness growth at an estimated
    CAGR of around 7 from 2014 to 2020, owing to
    increasing production of motor vehicles,
    industrial machinery and electrical electronic
    components. In addition, growing construction
    industry in China, Japan, India, Thailand,
    Australia, South Korea and Taiwan is expected to
    further fuel market growth.
  • Key market participants include Acument Global
    Technologies, ITW, Nifco, LISI Group, Alcoa,
    Standard Fasteners Ltd., Dokka Fasteners, Kova
    Fasteners Pvt. Ltd., Hilti, Penn Engineering,
    Precision Castparts Corp., EJOT, ATF Inc.,
    Stanley Black Decker and MW Industries Inc.
    Various companies are employing nanocomposite
    material processing technique for the production
    of aerospace fasteners which is anticipated to
    improve performance characteristics along with
    cost reduction.
  • For More http//www.grandviewresearch.com/industr
    y-analysis/industrial-fasteners-market

4
  • Request free sample of this Report
    http//www.grandviewresearch.com/industry-analysis
    /industrial-fasteners-market/request
  • For the purpose of this study, Grand View
    Research has segmented the global industrial
    fasteners market on the basis of product,
    application and region
  • Global Industrial Fasteners Product Outlook
    (Revenue, USD Million, 2012 - 2020)   
    Externally Threaded     Aerospace Grade    
    Other Standard Fasteners
  • Global Industrial Fasteners Application Outlook
    (Revenue, USD Million, 2012 - 2020)    
    Automotive OEM     Machinery OEM    
    Construction     MRO     Other OEM
  • Global Industrial Fasteners Regional Outlook
    (Revenue, USD Million, 2012 - 2020)     North
    America     Europe     Asia Pacific     RoW
  •  

5
  • Browse all reports at http//www.grandviewresearch
    .com/industry/automotive-and-aerospace-interior-ma
    terials
  • About Grand View Research
  • Grand View Research, Inc. is a market research
    and consulting company that provides off-the-
    shelf, customized research reports and
    consulting services. To help clients make
    informed business decisions, we offer market
    intelligence studies, ensuring relevant and
    fact-based research across a range of industries,
    from technology to chemicals, materials and
    energy. With a deep-seated understanding of
    varied business environments, Grand View
    Research provides strategic objective insights.
  •  
  • Contact
  • Sherry James
  • Corporate Sales Specialist, USA Grand View
    Research, Inc Phone 1-415-349-0058
  • Toll Free 1-888-202-9519
  • Email sales_at_grandviewresearch.com
  • Website Grand View Research
  • Blog Site http//www.divog.org/
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