Asia Pacific Industrial Fasteners Market 2018-2025: Analysis & Forecast by Product, Raw Material (Plastic, Metal) & Application (Aerospace, Automotive, Industrial Machinery)

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Oct 30, 2018, 16:15 ET

DUBLIN, Oct. 30, 2018 /PRNewswire/ --

The "Asia Pacific Industrial Fasteners Market Analysis Report By Product, By Raw Material (Plastic, Metal), By Application (Aerospace, Automotive, Industrial Machinery), And Segment Forecasts, 2018 - 2025" report has been added to ResearchAndMarkets.com's offering.

The Asia Pacific industrial fasteners market size is expected to reach USD 45.54 billion by 2025, registering a 4.8% CAGR during the forecast period.

Rising product demand as an integral bonding component for manufacturing vehicles, home appliances, industrial machinery, and aerospace structures is likely to drive industry growth.

China has emerged as the largest producer and exporter of industrial fasteners in the region on account of presence of numerous small and medium scale players. Industry players are investing in R&D and production of plastic and specialty fasteners in order to cater to application-specific demand by end users and to sustain in the highly competitive market.

The industry is characterized by long-term contracts between manufacturers and OEMs. The players quote product pricing based on purchase volume and duration of contract with users. Fluctuating metal and plastic prices, coupled with intense competition in terms of product costs, is expected to hamper profit margins of industry players.

Metal fasteners are likely to face a challenge in terms of penetration, especially in the automotive sector, owing to rising demand for lightweight alternatives including plastic fasteners, adhesives, and sealants by OEMs. However, demand for high-grade products including titanium and brass, which offer excellent performance under vibration and high impact, is expected to grow.

Further key findings from the report suggest:

On the basis of raw material, the plastic fasteners segment in the region was valued at USD 2.03 billion in 2017 and is likely to grow at a higher pace than metal fasteners on account of their light weight, improved mechanical properties, and low cost
China dominated the industry, accounting for 44.1% of the regional revenue in 2017. This is on account of massive production volumes of vehicles, electronic goods, home appliances, and industrial machinery
By product, aerospace grade fasteners are expected to witness the highest CAGR of 7.9% over the projected period owing to increasing investments in aircraft manufacturing and maintenance in China, Japan, and India
By way of application, automotive fasteners accounted for around 37.1% of the overall industry revenue in India in 2017, on account of high production volume of passenger cars and motorcycles in the country
Japan and South Korea together accounted for 35.6% of the Asian industrial fasteners market. However, the countries are expected to grow at a slower pace as compared to other countries primarily owing to their declining automotive production statistics
Mergers and acquisitions, focusing on manufacturing application specific products, gaining access to emerging markets, and strengthening synergies in terms of production volumes are expected to be key success factors for market players.

Key Topics Covered:

Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope and Assumptions
1.3 List of Data Sources
1.4 List of Abbreviations

Chapter 2 Executive Summary

Chapter 3 Global Industrial Fasteners Market Scenario
3.1 Product overview
3.2 Asia Pacific industrial fasteners market trends
3.3 Macroeconomic factors in the key industrial fastener markets
3.3.1 U.S.
3.3.2 Europe
3.3.3 China
3.3.4 India
3.3.5 Japan
3.3.6 Other Asian Countries
3.4 Global industrial fasteners market: Imports & exports trade analysis
3.5 Market snapshot

Chapter 4 Market Variables, Trends & Scope
4.1 Market Segmentation
4.2 Asia Pacific Industrial Fasteners Market Revenue, 2014 - 2025 (USD Million)
4.3 Raw Material Analysis
4.3.1 Metal Fasteners:
4.3.1.1 Stainless Steel
4.3.2 Bronze
4.3.3 Cast Iron
4.3.4 SuperAlloys
4.3.5 Titanium
4.3.6 Plastic Fasteners:
4.3.6.1 Polycarbonate
4.3.6.2 Nylon
4.3.6.3 Polyvinyl Chloride (PVC)
4.3.6.4 Polyethylene
4.3.6.5 Acrylamide
4.4 Asia Pacific Industrial Fasteners Market - Value Chain Analysis
4.5 Regulatory Framework
4.6 Technology framework
4.6.1 Fasteners Production Technologies
4.6.1.1 Casting:
4.6.1.2 Forming
4.6.1.2.1 Cold Forming
4.6.1.2.2 Hot Forming
4.6.2 Machining
4.6.3 Thread production
4.6.4 Injection molding technology for plastic fasteners
4.6.4.1 Heat treatments used in the fastener manufacturing process
4.6.5 Prevailing technology in the fasteners market and upcoming technological advancements by key fasteners players
4.7 Asia Pacific industrial fasteners - Market dynamics
4.7.1 Market Driver Analysis
4.7.1.1.Increasing automotive production in the region
4.7.1.2 Rapid developments in Building & construCtion seCtor in Asian Countries
4.7.1.3 Growing demand for fasteners in aerospace industry
4.7.2 Market restraint Analysis
4.7.2.1 Rising market share of substituTes
4.8 Fastener Industry Trends and Dynamics
4.8.1 Internal substitution of metal fasteners by plastic fasteners in automotive applications
4.8.2 High investment risk for manufacturers
4.8.3 Non Reusability of Fasteners
4.8.4 Hybrid Fasteners in demand
4.8.5 Automation in the process
4.8.6 Miniature fastener
4.9 Asia Pacific industrial fasteners market - Porter's Analysis
4.10 Asia Pacific industrial fasteners market - PESTLE Analysis

Chapter 5 Asia Pacific Industrial Fasteners Market: Raw Material Estimates & Trend Analysis
5.1 Asia Pacific industrial fasteners market: Raw material movement analysis, 2017 & 2025
5.2 Metal
5.2.1 Asia Pacific Metal Fasteners market estimates and forecasts, 2014 - 2025 (USD Million)
5.3 Plastic
5.3.1 Asia Pacific Plastic Fasteners market estimates and forecasts, 2014 - 2025 (USD Million)

Chapter 6 Asia Pacific Industrial Fasteners Market: Product Estimates & Trend Analysis
6.1 Asia Pacific industrial fasteners market: Product movement analysis, 2017 & 2025
6.2 Externally threaded fasteners
6.3 Internally threaded fasteners
6.4 Non-threaded fasteners
6.5 Aerospace grade fasteners

Chapter 7 Asia Pacific Industrial Fasteners Market: Application Estimates & Trend Analysis
7.1 Asia Pacific industrial fasteners market: Application movement analysis, 2017 & 2025
7.2 Automotive
7.3 Aerospace
7.4 Building & Construction
7.5 Industrial Machinery
7.6 Home appliances
7.7 Lawns and gardens
7.8 Motors and pumps
7.9 Furniture
7.10 Plumbing Products
7.11 Others

Chapter 8 Asia Pacific Industrial Fasteners Market: Country Estimates & Trend Analysis

Chapter 9 Competitive Landscape
9.1 Vendor Landscape
9.1.1 Raw material Suppliers
9.1.2 Industrial Fastener Manufacturers
9.1.3 Other prominent vendors in the Industrial Fasteners Market
9.1.4 Industrial Fastener End Users
9.2 Competitive Environment
9.3 Competitive Market Positioning

Chapter 10 Company Profiles

Bossard Group
Sundram Fasteners Limited
Penn Engineering & Manufacturing Corporation
EJOT
Fontana Luigi S.p.A.
Ochiai Co., Ltd.
Illinois Tool Works, Inc.
LISI S.A.
TR Fastenings, Ltd.
Wilhelm Bllhoff GmbH & Co. KG
Simmonds Marshall Ltd.
Oread Fastener Group
Micron Precision Screws Ltd.
Stanley Black & Decker, Inc.
Nifco, Inc.
Japan Power Fastening Co., Ltd.
KOVA Fasteners Pvt. Ltd.
Standard Fasteners Ltd.
Peaksight(Shanghai) Technologies Co., Ltd.
Leland Industries, Inc.
AFI Industries
Changshu City Standard Parts
Jignesh Steels
JF Engineering Products, LLP
PT. Unison
Yahata Holdings Corporation Group
DE Fasteners, Inc.
Zonbix Enterprise Co., Ltd.
Vi Nam Viet Production Trading Corporation (VINAVIT CORP)
Tigges GmbH & Co. KG
Haiyan Fujian Fasteners Co., Ltd.
Link Master Industrial Co., Ltd.
Asia Bolts Industries LLC
Beijing Jinzhaobo High Strength Fasteners Co., Ltd.
Chao Jing Precision Machines Co., Ltd.
Shanghai (ShangBiao Group) Fasteners Co., Ltd.
Avon Industrial Corporation
Ranflex Metals
Abbott-Interfast Corporation
Systemax, Inc.
Gem-Year Industrial Co., Ltd.
Precision Castparts Corp.
Nitto Seiko Co., Ltd.
Aoyama Seisakusho Co., Ltd.
Golden Tsann Yuh (GTY) Enterprise Co., Ltd.
Chun Yu Group
Sterling Tools Ltd.
Haiyan Yuxing Nuts Co., Ltd.
Zhejiang New Oriental Fastener Group
SDC Tanaka, Inc.

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