US builders’ hardware demand will rise to $11 billion in 2012, driven by a recovery in housing. Locks and other safety devices will remain the largest segment and grow the fastest, especially electromechanical types. Furniture will continue as the largest application while safety and protection products and cabinets lead gains.

This study analyzes the US builders’ hardware industry. It presents historical demand data for the years 1997, 2002 and 2007, and forecasts for 2012 and 2017 by material (e.g., steel, brass), product (e.g., locks, pulls, hinges, brackets, postal and safe deposit boxes), application (e.g., furniture, safety devices, doors, cabinets, windows), market (e.g., residential, nonresidential, nonbuilding) and US geographic region.

The study also considers market environment factors, details industry structure, evaluates company market share and profiles 36 industry players, including ASSA ABLOY, Black & Decker and Stanley Works.

TABLE OF CONTENTS


SECTION                                                                        PAGE

                INTRODUCTION                                                     xi
                
          I.    EXECUTIVE SUMMARY                                                 1

         II.    MARKET ENVIRONMENT                                                4
                General                                                           4
                Macroeconomic Outlook                                             5
                Resident Population                                               9
                Consumer Spending Trends                                         12
                Construction Trends                                              14
                    Residential Building Construction Trends                     18
                      Housing Outlook                                            21
                      Housing Stock                                              24
                      Improvements & Repairs                                     28
                    Nonresidential Building Construction Trends                  29
                      Office & Commercial Construction                           31
                      Institutional Construction                                 32
                      Industrial Construction                                    33
                      Transportation & Other Building Construction               33
                      Nonresidential Improvements & Repairs                      34
                      Nonresidential Building Stock                              35
                    Nonbuilding Construction Trends                              37
                Manufacturing Outlook                                            39
                Historical Overview                                              42
                Pricing Patterns                                                 44
                Environmental & Other Considerations                             46
                Foreign Trade                                                    47
                World Market                                                     53
                    Western Europe                                               53
                    Asia/Pacific Region                                          54
                    Other Regions                                                55
                    
        III.    MATERIALS                                                        57
                General                                                          57
                Steel                                                            59
                Brass                                                            63
                Other Metals                                                     66
                Other Materials                                                  68

         IV.    PRODUCTS                                                         70
                General                                                          70
                Builders' Hardware Overview                                      71
                Locks & Related Devices                                          76
                    Electromechanical Locks                                      78
                      Characteristics                                            79
                      Types                                                      81
                    Mechanical Locks & Key Blanks                                82
                      Characteristics                                            83
                      Types                                                      85
                    Related Safety Equipment                                     86
                Pulls & Other Opening Devices                                    87
                    Pulls                                                        90
                      Characteristics                                            92
                      Types                                                      93
                    Knobs                                                        94
                    Other Opening Devices                                        96
                Hinges & Other Fastening Devices                                 98
                    Hinges                                                      100
                      Characteristics                                           102
                      Types                                                     103
                    Brackets                                                    104
                    Other Fastening Devices                                     106
                Other Hardware                                                  106
                    Postal & Safe Deposit Boxes                                 109
                    Casters                                                     111
                    Door Holders, Stops & Related Equipment                     112
                    Curtain Hardware                                            113
                    All Other                                                   114
                    
          V.    APPLICATIONS                                                    116
                General                                                         116
                Furniture                                                       118
                    Furniture Outlook                                           119
                    Builders' Hardware Demand                                   121
                Safety & Protective Devices                                     124
                    Safety & Protective Devices Outlook                         125
                    Builders' Hardware Demand                                   127
                Doors                                                           130
                    Doors Outlook                                               131
                    Builders' Hardware Demand                                   132
                Cabinets                                                        135
                    Cabinets Outlook                                            136
                    Builders' Hardware Demand                                   137
                Windows                                                         141
                    Windows Outlook                                             141
                    Builders' Hardware Demand                                   143
                Other Applications                                              146
                
         VI.    MARKETS                                                         149
                General                                                         149
                Residential                                                     151
                    New                                                         153
                      Products                                                  155
                      Applications                                              156
                    Improvements & Repairs                                      158
                      Products                                                  160
                      Applications                                              162
                Nonresidential                                                  163
                    New                                                         165
                      Products                                                  167
                      Applications                                              169
                    Improvements & Repairs                                      171
                      Products                                                  171
                      Applications                                              173
                Nonbuilding Construction & Other Markets                        175
                    Demand By Market                                            176
                    Demand by Product & Application                             177

        VII.    REGIONAL DEMAND                                                 180
                General                                                         180
                Regional Demographics & Economic Trends                         181
                    Population                                                  181
                    Economic Outlook                                            183
                    Construction Activity                                       185
                    Housing Trends                                              187
                Builders' Hardware Demand by Region                             191
                Northeast                                                       195
                    New England                                                 198
                    Middle Atlantic                                             199
                Midwest                                                         200
                    East North Central                                          202
                    West North Central                                          203
                South                                                           204
                    South Atlantic                                              208
                    East South Central                                          210
                    West South Central                                          211
                West                                                            212
                    Mountain                                                    215
                    Pacific                                                     216
                    
       VIII.    INDUSTRY STRUCTURE                                              219
                General                                                         219
                Industry Composition                                            222
                Market Share                                                    224
                    ASSA ABLOY                                                  225
                    Black & Decker                                              226
                    Stanley Works                                               226
                    Fortune Brands                                              226
                    Ingersoll-Rand                                              227
                    Leggett & Platt                                             227
                    Others                                                      227
                Competitive Strategies                                          227
                Research & Development                                          229
                Marketing                                                       230
                Distribution                                                    232
                Company Profiles                                                234
                    Accuride International Incorporated                         236
                    Adams Right Manufacturing, see ASSA ABLOY 
                    Amerock, see Newell Rubbermaid 
                    Architectural Control Systems Incorporated                  237
                    Arrow Lock Manufacturing, see ASSA ABLOY                       
                    ASSA ABLOY AB                                               240
                    ATEK Companies                                              248
                    Baldwin Hardware, see Black & Decker                           
                    BEA, see Halma plc                                             
                    Best Access Systems, see Stanley Works                         
                    Black & Decker Corporation                                  250
                    Bommer Industries Incorporated                              253
                    Builders FirstSource Incorporated                           254
                    Cal-Royal Products Incorporated                             256
                    CCL Security Products, see Eastern Company                     
                    Computerized Security Systems, see Kaba Holding AG             
                    CompX International Incorporated                            258
                    Corbin Russwin, see ASSA ABLOY                                 
                    Detex Corporation                                           261
                    Dexter by Schlage, see Ingersoll-Rand Company                  
                    Door Controls International Incorporated                    263
                    Dor-O-Matic, see Ingersoll-Rand Company
                    DORMA Holding GmbH & Company KGaA                           264
                    Eastern Company                                             267
                    Emtek Products, see ASSA ABLOY                                 
                    EST, see Leggett & Platt                                       
                    Falcon Lock, see Ingersoll-Rand Company                        
                    FKI plc, see Melrose plc                                       
                    Fortune Brands Incorporated                                 270
                    G Marks Hardware Incorporated                               271
                    Gordon Manufacturing, see Leggett & Platt                      
                    Grass America, see Wuerth (Adolf) GmbH & Company KG            
                    Haefele GmbH & Company KG                                   274
                    Hager Companies                                             276
                    Halma plc                                                   279
                    Hardware Resources Incorporated                             282
                    Hettich International                                       283
                    Hickory Hardware, see Melrose plc                              
                    Illinois Lock, see Eastern Company                             
                    Ingersoll-Rand Company Limited                              285
                    Kaba Holding AG                                             289
                    KM Systems Incorporated                                     292
                    Knape & Vogt Manufacturing Company                          294
                    Kwikset, see Black & Decker                                    
                    L&P Hospitality Products, see Leggett & Platt
                    Larco, see ATEK Companies                                      
                    Leggett & Platt Incorporated                                296
                    Marks USA, see G Marks Hardware                                
                    Master Lock, see Fortune Brands
                    McKINNEY Products, see ASSA ABLOY                              
                    Medeco High Security Locks, see ASSA ABLOY                     
                    Melrose plc                                                 300
                    Monarch Hardware, see Ingersoll-Rand Company
                    Mul-T-Lock USA, see ASSA ABLOY                                 
                    NAPCO Security Systems Incorporated                         304
                    National Guard Products Incorporated                        307
                    National Hardware, see Stanley Works                           
                    Newell Rubbermaid Incorporated                              308
                    Omega Motion, see Leggett & Platt                              
                    Pemko Manufacturing Company, see ASSA ABLOY                    
                    Precision Hardware, see Stanley Works                          
                    Reese Enterprises Incorporated                              310
                    Rockwood Manufacturing Company                              311
                    Roto Frank AG                                               313
                    Saflok, see Kaba Holding                                       
                    Sargent & Greenleaf, see Stanley Works                         
                    SARGENT Manufacturing, see ASSA ABLOY 
                    Schlage Lock, see Ingersoll-Rand Company
                    Securitech Group Incorporated                               316
                    Securitron Magnalock, see ASSA ABLOY
                    Security Door Controls                                      318
                    Stanley Works                                               320
                    Truth Hardware, see Melrose plc                                
                    Von Duprin LLC, see Ingersoll-Rand Company
                    Weber Knapp, see Melrose plc                                   
                    Weiser Lock, see Black & Decker 
                    Wuerth (Adolf) GmbH & Company KG                            325
                    Yale Commercial Locks and Hardware, see ASSA ABLOY             
                    
                                 LIST OF TABLES
                                        
TABLE NUMBER                                                                   PAGE

                SECTION I -- EXECUTIVE SUMMARY
                Summary Table                                                     3

                SECTION II -- MARKET ENVIRONMENT
           1    Macroeconomic Indicators                                          9
           2    Population & Households                                          12
           3    Personal Consumption Expenditures                                14
           4    Construction Expenditures                                        18
           5    Residential Building Construction Expenditures                   21
           6    Private Housing Completions                                      24
           7    Housing Stock by Type                                            27
           8    Residential Improvement & Repair Expenditures                    29
           9    Nonresidential Building Construction Expenditures                31
          10    Nonresidential Building Improvement & Repair Expenditures        34
          11    Nonresidential Building Stock                                    37
          12    Nonbuilding Construction Expenditures                            39
          13    Manufacturers' Shipments                                         42
          14    Builders' Hardware Market, 1997-2007                             44
          15    US Foreign Trade in Builders' Hardware                           51

                SECTION III -- MATERIALS
           1    Raw Materials Demand in Builders' Hardware                       58
           2    Steel Demand in Builders' Hardware                               62
           3    Brass Demand in Builders' Hardware                               66
           4    Other Metals Demand in Builders' Hardware                        67
           5    Other Materials Demand in Builders' Hardware                     69

                SECTION IV -- PRODUCTS
           1    Builders' Hardware Supply & Demand                               75
           2    Locks & Related Devices Supply & Demand                          78
           3    Pulls & Other Opening Devices Supply & Demand                    90
           4    Hinges & Other Fastening Device Supply & Demand                 100
           5    Other Builders' Hardware Supply & Demand                        109

                SECTION V -- APPLICATIONS
           1    Builders' Hardware Demand by Application                        117
           2    Furniture Supply & Demand                                       121
           3    Furniture:  Builders' Hardware Demand                           124
           4    Safety & Protective Devices Supply & Demand                     126
           5    Safety & Protective Devices:  Builders' Hardware Demand         130
           6    Doors Supply & Demand                                           132
           7    Doors:  Builders' Hardware Demand                               135
           8    Cabinets Supply & Demand                                        137
           9    Cabinets:  Builders' Hardware Demand                            140
          10    Windows Supply & Demand                                         143
          11    Windows:  Builders' Hardware Demand                             145
          12    Other Applications: Builders' Hardware Demand                   148

                SECTION VI -- MARKETS
           1    Builders' Hardware Demand by Market & End Use                   151
           2    Residential Demand for Builders' Hardware                       152
           3    New Residential Demand for Builders' Hardware                   154
           4    Residential Improvement & Repair Demand for
                    Builders' Hardware                                          160
           5    Nonresidential Demand for Builders' Hardware                    165
           6    New Nonresidential Demand for Builders' Hardware                167
           7    Nonresidential Improvement & Repair Demand for
                    Builders' Hardware                                          175
           8    Nonbuilding Construction & Other Demand for 
                    Builders' Hardware by End Use                               177
           9    Nonbuilding Construction & Other Demand for 
                    Builders' Hardware by Product & Application                 179

                SECTION VII -- REGIONAL DEMAND
           1    Population by Region                                            183
           2    Gross Domestic Product by Region                                185
           3    Construction Expenditures by Region                             187
           4    Regional Housing Sales, New Units & Stock                       191
           5    Builders' Hardware Demand by Region                             194
           6    Northeast Builders' Hardware Demand                             197
           7    Midwest Builders' Hardware Demand                               202
           8    South Builders' Hardware Demand                                 208
           9    West Builders' Hardware Demand                                  215

                SECTION VIII -- INDUSTRY STRUCTURE
           1    Builders' Hardware Sales by Company for 
                    Selected Manufacturers, 2007                                221

                                 LIST OF CHARTS
                                        
CHART NUMBER                                                                   PAGE

                SECTION II -- MARKET ENVIRONMENT
           1    Year of Construction of Housing Stock, 2007                      27
           2    Builders' Hardware Imports by Source, 2007                       52
           3    Builders' Hardware Exports by Destination, 2007                  52

                SECTION III -- MATERIALS
           1    Raw Materials Demand in Builders' Hardware, 2007                 59

                SECTION V -- APPLICATIONS
           1    Builders' Hardware Demand by Application, 2007                  118

                SECTION VII -- REGIONAL DEMAND
           1    Builders' Hardware Demand by Region, 2007                       195

                SECTION VIII -- INDUSTRY STRUCTURE
           1    Builders' Hardware Market Share, 2007                           225