The Screw, Nut and Bolt Manufacturing industry has declined slightly over the past five years due to mixed demand from industrial markets. To take advantage of recovering markets and combat low-cost imports, operators are shifting their attention to precision-turned products. In the five years to 2019, rising demand at home and abroad, especially for precision-turned products, will yield steady growth, as will continued recovery of most industrial markets.
This industry manufactures metal fastening products that can be divided into two groups. Precision fastening products are custom made for a particular project or customer. Alternatively, metal bolt, nut, screw, rivet, washer and industrial fastening products are fabricated to an industry standard and are designed for the wider market. This industry does not manufacture plastic fastening 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.