Plastic Fasteners (Rivets & Push-In Clips, Cable Clips & Ties, Threaded Fasteners, Washers & Spacers) Market – Global Forecast to 2022 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The "Plastic
Fasteners Market by Product Type (Rivets & Push-In Clips, Cable Clips &
Ties, Threaded Fasteners, Washers & Spacers), End User (Automotive,
Electrical & Electronics, Building & Construction, Supermarkets), &
Region – Global Forecast to 2022" report has been added to ResearchAndMarkets.com's
offering.
The global plastic fasteners market is projected to grow from an
estimated USD 4.45 billion in 2017 to USD 6.04 billion by 2022, at a
CAGR of 6.3% from 2017 to 2022.
The growth of the automotive industry is a major driver for the plastic
fasteners market. The automotive sector in China, India, Iran, and other
countries is growing at a very fast pace, thereby increasing the demand
for plastic fasteners. The support of governments of these countries has
led to a favorable environment for local and foreign producers of
automobiles to increase production.
The growth of the Asia and North America construction markets is another
reason for the growth of the plastic fasteners market. Increasing
investments in residential and non-residential construction sectors in
these regions have created a demand for plastic fasteners. The slowdown
in the US automotive industry is a major restraint for the plastic
fasteners market.
The automotive segment is expected to be the fastest-growing end-user
segment of the plastic fasteners market during the forecast period.
The automotive end-user segment is projected to lead the plastic
fasteners market from 2017 to 2022. Superior properties of plastic
fasteners, including low load bearing capacity, high tensile strength,
and improved resistance to abrasion, corrosion, and chemical attacks are
expected to drive the adoption of plastic fasteners in automobile
manufacturing.
Asia Pacific is expected to account for the largest market share and be
the fastest-growing market for plastic fasteners during the forecast
period.
Key players operating in the plastic fasteners market include Illinois
Tool Works (US), ARaymond (France), Nifco (Japan), Stanley Black &
Decker (US), and Bossard Group (Switzerland), among others. These
companies focus on investing in capacity expansions of plants to achieve
growth in the plastic fasteners market.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Plastic Fasteners Market, By Product Type
7 Plastic Fasteners Market, By End User
8 Plastic Fasteners Market, By Region
9 Competitive Landscape
10 Company Profiles
- Anil Plastics & Enterprises
- Araymond
- Arconic
- Bossard Group
- Blte Plastics
- Canco Fasteners
- Craftech Industries
- E & T Fasteners
- Fontana Gruppo
- Illinois Tool Works
- Joxco Seals
- KGS Kitagawa Industries Co.
- Micro Plastics
- MW Industries
- Nifco
- Nyltite Corporation
- Penn Engineering
- Shamrock International Fasteners
- Shanghai Yuanmao Fastener Co.
- Stanley Black & Decker
- Surelock Plastics
- Termax Corporation
- Volt Industrial Plastics
- Wilhelm Bllhoff GmbH & Co.
For more information about this report visit https://www.researchandmarkets.com/research/bjs7tq/plastic_fasteners?w=4
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Related
Topics: Fasteners