Industrial Fasteners Market - a Well-Defined Technological Growth Map with an Impact-Analysis
Resource from: SBWIRE Likes:229
Jul 12,2016
The global industrial fasteners market is gaining momentum on the account of the rise in construction and maintenance activities across the globe. Increase in the demand for automobiles, specifically in emerging economies such as Brazil, China, and India is a significant factor contributing towards the growth of the global industrial fasteners market. The research report provides a complete picture of the global industrial fasteners market, analyzing all the crucial market dynamics such as key drivers, major challenges, and growth opportunities for this industry.
The market predictions coupled with other statistical data will assist existing players and new entrants into the global industrial fasteners market in analyzing the viability of this industry. Embedded with detailed primary and secondary research, this research report on the global market for industrial fasteners is crucial for enterprises operating in this industry.
Read Complete Report @ http://www.mrrse.com/industrial-fasteners-market
Overview of the global industrial fasteners market
The global market for industrial fasteners is quite mature. In 2011, this market had reached a value of US$65.50 billion. By 2018, the market is expected to develop at a moderate pace and reach a net worth of US$94.65 billion, growing at a CAGR of 5.4% during the period 2012 to 2018. Growth in the end-use segments of industrial fasteners, such as the automotive sector, will further fuel the industrial fasteners market.
Moreover, the increased demand from infrastructure development, construction, and maintenance sectors will likely prove to be favorable for the industrial fasteners market. The construction application segment of the global industrial fasteners market is expected to expand at a 9% CAGR during the period of 2012 to 2018. On the other hand, high anti-dumping duties enforced by the European Union are expected to suppress the market for industrial fasteners.
Asia Pacific held the highest demand for industrial fasteners and occupied 40% of the overall industrial fasteners market in 2011. The demand from the European industrial fastener market followed the Asia Pacific market. By 2018, the market for industrial fasteners in Asia Pacific will occupy around 45% of the total market share. This can be credited to the rapid industrialization and booming automobile and construction industries in this region.
The externally threaded industrial fasteners generated revenue of more than US$25 billion for the overall industrial fasteners market in 2011. This market is likely to exhibit the fastest growth rate among the various product types in the market, owing to increased industrialization in emerging economies. The development of customized fasteners to suit the swiftly growing niche application segments such as railroad and solar equipment will present new opportunities to market players.
Get a Free Sample Copy of the Report @ http://www.mrrse.com/sample/631
Market participants mentioned in the research report
The global industrial fasteners market is highly fragmented in nature, wherein the top five companies, namely Illinois Tool Works Incorporated, Alcoa Incorporated, LISI Group, and Precision Castparts Corporation, and NIFCO, collectively accounted for less than 15% share of the total market in 2011. Other prominent players in the industrial fasteners market are: Stanley Black & Decker, Penn Engineering & Manufacturing Corporation, and ITW.
About MRRSE
MRRSE stands for Market Research Reports Search Engine, the largest online catalog of latest market research reports based on industries, companies, and countries. MRRSE sources thousands of industry reports, market statistics, and company profiles from trusted entities and makes them available at a click. Besides well-known private publishers, the reports featured on MRRSE typically come from national statistics agencies, investment agencies, leading media houses, trade unions, governments, and embassies.
(SBWIRE)
【CBCC News Statement】
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.
Previous Siemens Expands Portfolio with 8 MW Offshore Wind Turbine
Next Schaeffler bearings keep lock gates and valves moving on the Panama Canal
Next Schaeffler bearings keep lock gates and valves moving on the Panama Canal
BRIEF INTRODUCTION
Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.
Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.
China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.
