World demand for industrial fasteners will climb 5.4 percent annually through 2018 to $93.8 billion. Gains will be strong worldwide, but developing areas will outpace demand in developed countries. The key motor vehicle OEM market will post the largest value gains, while the smaller construction market will grow the fastest.This study analyzes the $72 billion world industrial fastener industry. It presents historical demand data (2003, 2008, 2013) and forecasts (2018, 2023) by product (externally threaded, internally threaded, nonthreaded, application-specific, aerospace-grade), market (e.g., motor vehicles, machinery, electrical and electronic equipment, fabricated metal products, aerospace equipment, MRO, construction), world region, and for 21 countries.The study also market environment factors, details industry structure, evaluates company market share and profiles 39 industry participants, including Illinois Tool Works, Precision Castparts and Alcoa.
Freedonia Market Research—Reports provide industry insights targeting market size, product and market segmentation, product and market forecasts, industry composition, market leaders and business trends.
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