Market revenue in 2022 | USD 21,641.8 million |
Market revenue in 2030 | USD 27,568.5 million |
Growth rate | 3.1% (CAGR from 2022 to 2030) |
Largest segment | Metal |
Fastest growing segment | Plastic |
Historical data covered | 2018 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Metal, Plastic |
Key market players worldwide | Wurth Group, Lisi SA, Nifco Inc, Illinois Tool Works Inc, Stanley Black & Decker, Berkshire Hathaway Inc Class A, Arconic, Acument Global Technologies, ATF, MW Industries, Birmingham Fastener, Elgin Fastener Group, Rockford Fastener, Slidematic Products, Manufacturers Associates, Eastwood Manufacturing, Brunner Manufacturing, Penn Engineering, EJOT, KOVA Fasteners |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to industrial fasteners market will help companies and investors design strategic landscapes.
Metal was the largest segment with a revenue share of 89.32% in 2022. Horizon Databook has segmented the Europe industrial fasteners market based on metal, plastic covering the revenue growth of each sub-segment from 2018 to 2030.
Europe is one of the largest markets for industrial fasteners on account of considerable product demand from the developed economies of Germany, the UK, Russia, Italy, and France.
However, in January 2020, with exit of the UK from the European Union, industrial fasteners industry is expected to have a major impact on the growth. In the region, automotive industry accounts for a major share of the revenue generated by industrial fasteners market in the region.
According to the European Automobile Manufacturers' Association, The European auto industry is a global player, delivering quality ‘Made in Europe’ products around the world, and generating USD 85.50 billion trade surplus for the EU.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe industrial fasteners market , including forecasts for subscribers. This continent databook contains high-level insights into Europe industrial fasteners market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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