Spain Industrial Fasteners Market Size & Outlook
Spain industrial fasteners market, 2018-2030 (US$M)
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Spain industrial fasteners market highlights
- The Spain industrial fasteners market generated a revenue of USD 2,420.0 million in 2022 and is expected to reach USD 3,118.3 million by 2030.
- The Spain market is expected to grow at a CAGR of 3.2% 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.
Industrial fasteners market data book summary
| Market revenue in 2022 | USD 2,420.0 million |
| Market revenue in 2030 | USD 3,118.3 million |
| Growth rate | 3.2% (CAGR from 2022 to 2030) |
| Largest segment | Metal |
| Fastest growing segment | Plastic |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Spain accounted for 2.6% of the global industrial fasteners market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany industrial fasteners market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 3,194.5 million by 2030.
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Industrial Fasteners Market Scope
Industrial Fasteners Market Companies
| Name | Profile | # Employees | HQ | Website |
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Spain 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 89.5% in 2022. Horizon Databook has segmented the Spain industrial fasteners market based on metal, plastic covering the revenue growth of each sub-segment from 2018 to 2030.
The economy of Spain is driven by major industries including energy, tourism, agriculture, and manufacturing. The growth of these industries, in turn, is likely to boost commercial construction including offices, warehouses, manufacturing facilities, hotels & restaurants, shopping malls, and supermarkets, thereby driving the demand for industrial fasteners in the country.
According to a survey by GoEuro, Spain is one of the most popular destinations of choice for students planning to study abroad. Annually, over a million students enroll themselves in Spanish universities.
Educational institutes in the country are engaged in expanding their facilities in order to accommodate an increasing number of students. This rise in institutional construction and renovation activities is expected to boost product demand over the projected period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain industrial fasteners market , including forecasts for subscribers. This country databook contains high-level insights into Spain industrial fasteners market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain industrial fasteners market size, by raw material, 2018-2030 (US$M)
Spain Industrial Fasteners Market Outlook Share, 2022 & 2030 (US$M)
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