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Transparency Market
Research
Industrial Fasteners Market- Global Industry
Analysis and Forecast 2012-2018
Published Date
31-July-2013
94 Page Report
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Press Release
Global Industrial Fasteners Market to Rise to US$94.65 Billion by 2018:TMR
Transparency Market Research
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Industrial Fasteners Market
REPORT DESCRIPTION
Industrial Fasteners Market (Externally Threaded, Aerospace Grade
and Standard) for Automotive OEM, Machinery OEM, MRO and
Construction Applications - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast, 2012 - 2018
A new research study on the global market of industrial fasteners published by Transparency Market
Research, a U.S.-based market intelligence firm, states, the market will grow at a modest pace of
5.4% between the years 2012 and 2018. The report forecasts that the global industrial fasteners
market, which had a net worth of US$65.50 billion in 2011, will rise to US$94.65 billion by 2018.
The market of industrial fasteners is a mature industry. The need for efficient, corrosion and
aesthetics resistant, strong and cost effective industrial fasteners remains imperative in any industrial
machine due to their core functionality of mechanically joining various parts, devices or surfaces
together.
While the flourishing global market of automotive will remain the chief driving force for the global
industrial fasteners market in the coming years, rising demands from infrastructure development,
maintenance and construction industries will also prove beneficial for the market. The report states,
the construction application sector of the global industrial fasteners market will grow at a CAGR of
nearly 9% during the forecast period.
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