Fasteners are important components in many products and structures. UK manufacturers typically target niche high-value segments, predominantly aerospace and automotive. The domestic industry is small in comparison with the global market, which is worth over £50 billion. The largest companies operating in the United Kingdom are subsidiaries of foreign-owned global companies.
The industry rebounded during the past five years after suffering during the recession. Although industrial production activity remained weak for much of the period, the more technologically advanced manufacturing industries enjoyed favourable conditions.
Companies in this industry manufacture fasteners like screws, bolts and nuts. They also manufacture rivets, washers and screw machine products.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.