Latin America Industrial Fasteners Market Size & Outlook
Latin America industrial fasteners market, 2018-2030 (US$M)
Related Markets
Latin America industrial fasteners market highlights
- The Latin America industrial fasteners market generated a revenue of USD 5,918.9 million in 2022.
- The market is expected to grow at a CAGR of 4.4% from 2023 to 2030.
- In terms of segment, metal was the largest revenue generating raw material in 2022.
- Plastic is the most lucrative raw material segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 5,918.9 million |
| Market revenue in 2030 | USD 8,350.3 million |
| Growth rate | 4.4% (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 |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.5% of the global industrial fasteners market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 63,519.6 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Industrial Fasteners Market Scope
Industrial Fasteners Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America industrial fasteners market outlook
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 92.73% in 2022. Horizon Databook has segmented the Latin America industrial fasteners market based on metal, plastic covering the revenue growth of each sub-segment from 2018 to 2030.
The economic growth of the Central & South America region is expected to be constrained by several domestic and external factors. Factors such as uncertainty with respect to the economic policy and reforms in Brazil renewed financial stress in Argentina, and recent social unrest in various regional countries such as Colombia, Chile, Bolivia, and Ecuador are expected to have a negative impact on the region’s economic growth.
Due to the COVID-19 pandemic, various countries in the regions such as Argentina, Colombia, and others were in lockdown in 2020 and in the first half of 2021. Due to lockdown various automotive manufacturing sites, construction sites, and factories of various products such as home appliances, furniture, plumbing, etc. were closed as well as their production slowed down.
Due to lockdown automotive, building & construction, aerospace, home appliances, furniture, and other end-use industries were negatively impacted due to the slow production, disruption in the supply of raw materials, and supply & demand gap.
Reasons to subscribe to Latin America industrial fasteners market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Latin America industrial fasteners market databook
-
Our clientele includes a mix of industrial fasteners market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America industrial fasteners market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America industrial fasteners market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America industrial fasteners market size, by country, 2018-2030 (US$M)
Latin America Industrial Fasteners Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
