FOCUS ON FASTENERS
Miniature clinch fasteners offer strong , permanent and reusable fastener solutions in applications utilising ultra-thin metal sheets
A sheet metal skeleton , with fastener points , at the Ford factory in Izmit .
the product demand across the Asia-Pacific . In addition , key manufacturing hubs across India and China are further expected to foster market growth due to the rapid expansion of manufacturing operations in these countries . “ China is one of the largest producers and exporters of industrial fasteners in the region , owing to the presence of several small and medium-scale players . Industry players are investing in R & D and production of plastic and specialty fasteners to cater to application-specific demand by end-users and sustainably in the highly competitive market ,” explained Mordor Intelligence .
“ In India , the demand for industrial fasteners is led by the strong growth in the automotive sector . Despite the challenges of the pandemic , the Indian automotive industry is recovering steadily , also benefiting from increasing government investments and initiatives to support this sector ,” it added . Japan is also a significant market for industrial fasteners in the Asia Pacific .
Fasteners are needed for automotive use .
materials such as carbon fibre and various alloys for the development of corrosionresistant , lightweight , superconducting industrial fasteners . Hybrid fasteners are also being developed using injection-moulded plastic materials and metals that are lighter , easier to install and cost-effective .
Product segmentation
Fastener product segments include bolts , nuts , screws , rivets / washers and miscellaneous ( pins , nails and others ). Industrial fasteners ( including nuts , bolts and screws ) are used to join or fix two or more objects together . These products increase the durability of joined parts and can be used on different kinds of substrates such as metals and plastics . Industrial-grade products are commercially available in several forms including externally threaded , aerospacegrade and other standard fasteners .
The most widely used fasteners include nuts , bolts , screws , bolts , clips and grommets . Stainless steel is the most common material used for manufacturing internally threaded fasteners . Brass , alloy steel and aluminium are other materials used to manufacture them . Most nuts are further plated or polished using chrome to improve performance and durability in the end-use application .
Aerospace grade products vary significantly , compared to ordinary commercial-grade counterparts in terms of quality ; performance ; raw material ; price and technical specifications . For instance , commercial grade fasteners are generally manufactured using carbon steel , whereas aerospace grade fasteners are manufactured using corrosion-resistant steel and are further heated to exceed a tensile strength of 125,000 psi to achieve the required properties .
Externally threaded fasteners , a dominant
Fastener trends
Trends in fastener markets include an increased focus on lightweighting in the automotive and aerospace sectors and growing investments in industrial automation , motion control and robotics . There has been increasing use of novel threaded and plastic fasteners and substantial technology innovations in fastener forms and functions .
A rising wave of miniaturisation is also driving demand for micro fasteners and miniature fasteners in various types and styles . Miniature clinch fasteners offer strong , permanent and reusable fastener solutions in applications utilising ultra-thin metal sheets .
According to Transparency Market Research , companies in the industrial fastener market are focusing on novel
Rivets in construction .
Image : Shutterstock . com .
24 | ismr . net | ISMR March 2024