Global industrial fastener market: Still competitive

THE global industrial fastener market remains highly competitive, which is driving several vendors to differentiate their products by offering application-specific fasteners with increased strength and durability to meet the specific needs of end-users. Analysts forecast the market will grow at a CAGR of 6.12% through to 2018.

Mainly divided into three segments – Externally Threaded, Aerospace Grade, and Standard – industrial fasteners are efficient tools used to connect two or more parts, enabling the development of superior-quality and reliable products.  Various types are used across sectors such as Automotive, Industrial Machinery, Maintenance, Repair, and Overhauling, Aerospace and Defence, Construction, Consumer Durables, Electrical and Electronics, and Woodworking.
The analysis, "Global Industrial Fastener Market 2014-2018", has been prepared based on an in-depth market analysis with inputs from industry experts. The report also includes a discussion of the key vendors operating in this market, including Alcoa Inc., Illinois Tool Works Inc., Precision Castparts Corp., Acument Global Technologies Inc., Federal Screw Works, Ingersoll-Rand Inc., Nitto Seiko Co. Ltd., Sundram Fasteners Ltd., and TRW Automotive.

The report covers the APAC and EMEA regions and the Americas; it also covers the Global Industrial Fastener market landscape and its growth prospects in the coming years.