Global Industrial Fasteners Market to Reach Us$ 107.3 Bn by 2023: Credence Research

Global Industrial Fasteners Market to Reach US$ 107.3

Bn by 2023: Credence Research

According to a new market report published by Credence Research, Inc., “Industrial Fasteners Market (By

Application (Original Equipment Manufacturing, Construction, and Maintenance/Repair/Operation

(MRO)), By Product Type (Standard Fasteners (External Threaded, Internal Threaded, and Non-Threaded),

Aerospace-grade Fasteners, and Other Application-specific Fasteners)) - Growth, Share, Opportunities,

Competitive Analysis, and Forecast 2016 – 2023”, the global industrial fasteners market is expected to

expand at a compound annual growth rate of 5.3% during the forecast period 2016 – 2023, exceeding US$

107.0 Bn by 2023.

Browse the full Industrial Fasteners Market (By Application (Original Equipment Manufacturing,

Construction, and MRO (Maintenance/Repair/Operation)), By Product Type (Standard Fasteners (External

Threaded, Internal Threaded, and Non-Threaded), Aerospace-grade Fasteners, and Other Applicationspecific Fasteners)) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2023 report

at http://www.credenceresearch.com/report/industrial-fasteners-market

Product Insights

Fasteners are industrial products that are used to connect two or more components together. Fasteners

are also used to shut a container such as a box, bag, or an envelope. Some of the commonly used industrial

fasteners include bolts, screws, rivets, clips, nuts, washers, and pins. The global market for industrial

fasteners is relatively matured and is expected to witness steady growth during the forecast period 2016

– 2023. The growth is expected to be spurred by steady growth in automotive production, increasing

industrial automation, and resurgence in the construction sector post economic crisis.

Industrial Fasteners Market

Competitive Insights

The global industrial fasteners market is highly matured and fragmented. The top four industrial fasteners

manufacturers...