Global Industrial Fasteners Market was valued US$ 81.60 Bn in 2019 and is expected to reach 105.30 Bn by 2027, at a CAGR of 3.24 % during a forecast period.
Global Industrial Fasteners Market Overview
Because they are lightweight and foldable, these Industrial Fasteners are easy to transport and operate. In developing countries, the main growth drivers are the growing tourist industry, increasing traffic congestion, and the rising Industrial Fasteners market. The rise in disposable income and growing urban population are driving the global sales of ###. Companies are investing heavily in new electric mopeds and scooters to make them more efficient.
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List Of TOP KEY PLAYERS in Industrial Fasteners Market Report are -
• Penn Engineering & Manufacturing Corporation
• Acument Global Technologies Inc.
• Arconic Inc.
• Stanley Black & Decker Inc.
• MW Industries Inc.
• Illinois Tool Works
• Bulten AB
• MacLean-Fogg Company
• MISUMI Group Inc.
• Nifco Inc.
• Fortana Group
• Hilti Corporation
• LISI Group
• Precision Castparts Corp.
• The SFS Group
• A&G Fasteners
• SA Fasteners.
• Stanley Engineered Fasteners
COVID-19 Impact on Market:
In December 2019, the COVID-19 epidemic began in Wuhan (China), and has been spreading rapidly around the world. As of March 2020, the most affected countries were the US, China, Italy and Iran. Due to travel bans and lockdowns, the COVID-19 epidemic has affected many countries' economies and industries. This outbreak has caused major disruptions in the global food and drink industry, including supply chain breakdowns, cancellations of technology events, and office closures. China is the world's largest manufacturing country, and has the largest number of raw material suppliers. Due to the closing of factories and other obstacles in the supply chain, COVID-19 is affecting overall market growth.
Segmentation of the Global Industrial Fasteners Market by Product, Applications, and Region:
Global Industrial Fasteners Market, By Product
• Externally Threaded
• Internally Threaded
• Non Threaded
• Aerospace Grade
Global Industrial Fasteners Market, By Application
• Building & Construction
• Industrial Machinery
• Home Appliances
• Lawn and Garden
• Motors and Pumps
• Plumbing Products
Global Industrial Fasteners Market, By Region
• North America
• Asia Pacific
• Middle East & Africa
• South America
The global Industrial Fasteners market has been analysed and market size information provided by countries (regions). Segment by Application, The Industrial Fasteners Market is divided into the United States, Europe, China, Japan, Southeast Asia, India and Rest of World. The report covers the region-wise market size from 2016-2027. The report also contains market size and forecasts by type and application segment, in terms of revenue and sales, for the period 2016-2027.
Competitive Landscape and Industrial Fasteners Market Share Analysis:
This report provides a detailed analysis of the Global Industrial Fasteners Market for all stakeholders. This report presents the past and present status of the industry, as well as forecasted market size. Trends are also presented. The report uses simple language to simplify complex data. This report includes all aspects of the industry and a study of key players, including market leaders, followers, as well as new entrants. The report includes a PORTER, SVOR and PESTEL analysis as well as the potential market impact of microeconomic factors. The report includes both internal and external factors that could have a positive or negative effect on the business. This will provide a clear futureistic view of this industry for decision-makers.
Key Points Covered in Industrial Fasteners Market Research Report:
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