Global demand for industrial fasteners will rise 4.8 percent annually through 2012, driven by increasing aerospace equipment and motor vehicle output. Market gains in emergent economies will outpace demand in more advanced, mature countries. Aerospace-grade fasteners will outpace standard types.
This study analyzes the $52 billion world industrial fastener industry. It presents historical demand data for the years 1997, 2002 and 2007, and forecasts for 2012 and 2017 by product (externally threaded, internally threaded, nonthreaded, application-specific, aerospace-grade), market (e.g., motor vehicles, electrical and electronic equipment, industrial machinery), world region and for 28 countries.
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 42 major players, including Illinois Tool Works, Acument Global Technologies and Precision Castparts.