Global Industrial Fasteners Market - Insights, Opportunity Analysis, Market Shares & Forecast, 2017-2023 - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Industrial Fasteners Market Insights, Opportunity Analysis, Market Shares and Forecast, 2017 - 2023" report to their offering.

Application of fasteners across various end user industries, growing disposable income in developing countries and high demand for sport utility vehicles (SUVs) are the major factors which drive the growth of global industrial fasteners market. The market is also significantly growing due to high demand for solar equipment across regions coupled with favorable government regulations in the practice of renewable portfolio standard (RPS) tax credits and targets.

In Q3 2016, The U.S. has installed 4,143 MW of solar PV to touch 35.8 gigawatts (GW) of overall installed capacity which is enough to power approx. 6.5 million American families. However, implementation of high antidumping duties by EU is a major restraint which is hampering the growth of global industrial fasteners market.

The 28 EU member representatives, voted by a qualified majority to enable higher tariffs than might usually apply if exporters are taking advantage from artificially low cost of raw material. Regarding cold-rolled steel from China, for instance, the dumping margin was over 50%, however the injury margin only approx. 20%, thus the lesser duty of about 20% was set. Thus, these anti-dumping duties can restrict the demand for the market.

Geographically, global industrial fasteners market is segmented into Asia Pacific, North America, Europe and ROW. Asia Pacific holds the largest market revenue share for industrial fasteners which has been closely followed by Europe. Rapid industrialization in the region leads to develop economic conditions coupled with growing construction activities is majorly supporting the demand for industrial fasteners in the APAC which is followed by North America, Europe, and ROW.

Companies Mentioned

  • Arconic Inc.
  • Bisco Industries
  • Bolton Group
  • Dokka Fasteners
  • ITW
  • Key Fasteners Corporation
  • Lisi Group
  • Mitsubishi
  • Nifco
  • Penn Engineering & Manufacturing Corporation
  • Precision Castparts Corporation
  • Standard Fasteners Ltd.
  • Stanley Black & Decker
  • The Hillman Group
  • Williams Fasteners

Key Topics Covered:

1. Introduction

2. Market Overview

3. Market Determinants

4. Market Segmentation

5. Competitive Landscape

6. Geographic Analysis

7. Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/pp2rlk/global_industrial

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Fasteners

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Fasteners