UAE Industrial Fasteners Market Size & Outlook, 2022-2030
UAE industrial fasteners market, 2018-2030 (US$M)
Related Markets
UAE industrial fasteners market highlights
- The UAE industrial fasteners market generated a revenue of USD 983.2 million in 2022 and is expected to reach USD 1,380.3 million by 2030.
- The UAE market is expected to grow at a CAGR of 4.3% 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 983.2 million |
| Market revenue in 2030 | USD 1,380.3 million |
| Growth rate | 4.3% (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, UAE accounted for 1.1% 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 Middle East & Africa, UAE industrial fasteners market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 315.1 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 |
|---|
UAE 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 92.96% in 2022. Horizon Databook has segmented the UAE industrial fasteners market based on metal, plastic covering the revenue growth of each sub-segment from 2018 to 2030.
Rising expansion of hospitality, education, and healthcare sector is anticipated to boost the construction in the respective industry. High per capita income in the country is expected to bolster consumer spending, thereby driving the growth of the commercial sector.
Growing consumer spending is projected to boost the demand in the retail sector, shopping malls & theatres, which is anticipated to propel the market growth over the forecast period. Over the past two decades, the UAE has gradually realized the importance of developing the region’s railway infrastructure and its key role in developing the economy as well as facilitating the overall gross domestic product (GDP) growth.
Etihad Rail network will be the first national freight and passenger railway network connecting the seven emirates of the UAE. The 1,200km railway project is estimated to cost USD 11 billion. This project was initiated in 2016 and completion is expected by 2024.
Reasons to subscribe to UAE 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 UAE 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 UAE industrial fasteners market , including forecasts for subscribers. This country databook contains high-level insights into UAE industrial fasteners market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
UAE industrial fasteners market
UAE Industrial Fasteners Market Outlook Share, 2022 & 2030 (US$M)
UAE industrial fasteners market
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
