Favorable Regulations Coupled with Stimulating Demand from End-user Industries to Pave Way for Industrial Fasteners

Europe industrial fasteners is estimated to record a healthy CAGR during the forecast period (2020-2026). In recent years, there has been a strong institutional interest and participation in sustainable industrial production and manufacture. There has been a growing awareness of the effectiveness of highly mechanized construction and industrial operations and their potential to save costs over the long term. The implementation of federal mandates pertaining to safety and security has been gaining traction in the region, which has some of the toughest regulations relating to work safety and security in manufacturing industries. The same can be seen as a propellant for fasteners’ demand since they are crucial to the building and proper functioning of automobiles, aircraft, machinery, as well as residential and civil infrastructure.

Browse the full report description Europe Industrial Fasteners Market Size, Share & Trends Analysis Report by Product Type (Threaded, Non-threaded, and Specialty), by Material (Metal and Non-metal), and by End-user (Automotive, Aerospace, Construction, Consumer Appliance and Furniture, and Industrial and Consumer Machinery) Forecast Period (2020-2026) at https://www.omrglobal.com/industry-reports/europe-industrial-fasteners-market

With significant engineering budgets and the presence of prominent players such as Hilti, Fontana, and LISI, among others, the region witnessed the launch of new, efficient, and better-performing fasteners every year, thereby driving demand and contributing to the substitution of older and outdated end-of-life fastening products. Further, the automotive, healthcare, and aerospace manufacturing industries are expected to witness unprecedented growth in the next 10 years due to megatrends, such as liberalization in the airline industry and technology-dependent healthcare investment growth, thus presenting the fasteners market in Europe with ample growth avenues.

Market Coverage

• Market number available for – 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered - by Product Type, Material, and End-user
• Countries Covered- UK, Germany, France, Italy, Spain, and Rest of Europe
• Competitive Landscape- Gruppo Fontana S.r.l., ITW (Europe) GmbH, Stanley Black & Decker, Inc.; The 3M Company, and Wilhelm Böllhoff GmbH & Co. KG 

Key questions addressed by the report

• What is the market growth rate?
• Which segment and country dominates the market in base year?
• Which segment and country will project fastest growth in the market?
• How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from pre-COVID forecast

o Most affected region/segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Europe Industrial Fasteners Market Report Segment

By Product Type

• Threaded
• Non-threaded
• Specialty

By Material

• Metal
• Non-metal

By End-user

• Automotive
• Aerospace
• Construction
• Consumer Appliance and Furniture
• Industrial and Consumer Machinery

Europe Industrial Fasteners Market Report Segment

• UK
• Germany
• France
• Italy
• Spain
• Rest of Europe