Thailand Industrial Fasteners Market Size & Outlook
Thailand industrial fasteners market, 2018-2030 (US$M)
Related Markets
Thailand industrial fasteners market highlights
- The Thailand industrial fasteners market generated a revenue of USD 1,428.1 million in 2022 and is expected to reach USD 2,232.5 million by 2030.
- The Thailand market is expected to grow at a CAGR of 5.7% 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 1,428.1 million |
| Market revenue in 2030 | USD 2,232.5 million |
| Growth rate | 5.7% (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, Thailand accounted for 1.6% 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 Asia Pacific, China industrial fasteners market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 7,017.2 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 |
|---|
Thailand 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 93.42% in 2022. Horizon Databook has segmented the Thailand industrial fasteners market based on metal, plastic covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for fasteners in Thailand is expected to grow over the forecast period on account of the growth of end-user industries such as automotive, construction, electronics, and industrial equipment. The demand for fasteners in the country is primarily fulfilled by the small and medium-scale manufacturers in the region.
However, inadequate capacities of the industry players have resulted in the high requirement for imports. The construction industry plays an important role in the Thai economy. According to the Office of the National Economic & Social Development Council (NESDC), from 2009 to 2019, construction spending accounted for an average of 8.1% of GDP annually.
In Thailand, around 80,000 construction companies are registered, out of which around 55 companies qualify as large-scale operators and command around 50% share of industry revenue.
Reasons to subscribe to Thailand 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 Thailand 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 country-level data and insights on the Thailand industrial fasteners market , including forecasts for subscribers. This country databook contains high-level insights into Thailand industrial fasteners market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Thailand industrial fasteners market size, by raw material, 2018-2030 (US$M)
Thailand 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
