FOCUS ON FASTENERS
FIXING AND FASTENING
We outline growth trends , new applications and technology shifts in global industrial fastener markets .
“ The global industrial fasteners market is expected to reach US $ 131.56 billion by the end of 2031 ( growing at an estimated CAGR of 3.2 %).”
Self-tapping screws for roofing .
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Industrial fasteners are components used to join two or more objects permanently or semi-permanent . They include nuts and bolts ; threaded rods ; structural bolts ; machine screws ; wedge anchors ; washers ; rivets and more in various types and sizes . They are available in various standard shapes , sizes and materials , and can also be produced customarily for specific needs . They are used to combine multiple components from sheet metal , plastics or other materials .
Metal fasteners can be used to produce permanent or non-permanent bonds . Examples of metal fasteners that create a permanent bond are screws , rivets , clamps , retaining rings or bolts . Non-permanent fasteners are items such as quick-release couplers and pins that allow the movement of fastened parts . Highquality fasteners that are resistant to corrosion and other natural abrasions are a necessity in many industries .
“ Steel ; stainless steel ; alloy and carbon steel are among the most used steel fasteners across various industries . Other materials such as titanium ; aluminium and different alloys are also used to make metal fasteners . Special coatings or plating are also applied to metal fasteners to increase their performance characteristics . Zinc , chrome and hot-dip galvanizing are standard coating / plating techniques for fasteners ,” commented analyst , Mordor Intelligence .
“ The primary benefit of metal fasteners is that they can bear significant loads before breaking point . The enhanced lifespan and durability of metal products are factors for their popularity in industrial bonding applications ,” it continued .
Global market for industrial fasteners
According to analyst Mordor Intelligence , the global industrial fasteners market was