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This considerable improvement from the performance registered during the 2007 to 2012 period will be driven by improved outlooks in a majority of the industries in which industrial fasteners are utilized. Sales growth will be supported by rebounding levels of motor vehicle manufacturing, along with rising aerospace equipment and machinery shipment levels. Fastener producers will also benefit from renewed strength in both construction activity and fixed investment spending. In addition, gains will be bolstered by fastener manufacturers offering highly engineered, advanced fastener products that can be sold at a premium. On the other hand, demand will be held back by competition from producers in lower-cost regions, and from moderating raw material costs, both of which will serve to restrict industrial fastener price increases. Furthermore, these products will continue to face competition in a number of applications from alternative joining technologies, such as adhesives, clinching, and welding. Motor vehicle market to post above-average growth The large US motor vehicle market for industrial fasteners is expected to post above-average yearly growth through 2017. This will be a major improvement from the lack of sales gains experienced from 2007 to 2012. Market expansion will be the result of modest annual increases in motor vehicle production through 2017, a major turn-around from the output declines posted during the 2007 to 2012 period. In many cases, motor vehicle manufacturers will continue attempts to decrease the number of fasteners per vehicle in order to reduce weight and simplify production. However, fastener producers will find opportunities for growth by offering lighter and more durable product designs, as well as fasteners specifically for the increasing electric and hybrid vehicle market. Standard fasteners to outpace aerospace-grade The market for standard fasteners is expected to outpace aerospace-grade fastener sales through 2017. This will largely be a reflection of the improved conditions in the motor vehicle market, which uses primarily standard fasteners. Externally threaded and applicationspecific standard fasteners will post the fastest gains through 2017, although the outlook is positive for every major product category. While not forecast to match standard products, aerospace-grade fastener sales will fare better than they did during the 2007-2012 period. Suppliers will benefit from increasing levels of commercial aircraft production. The growing use of composite materials in plane manufacturing will reduce the total number of fasteners required on a per plane basis in many cases, but this will be partially offset by sales of highervalue fastening products designed specifically for use with composites. Imports to grow slightly faster than exports Shipments of industrial fasteners from US manufacturers are forecast to slightly lag the rate of growth in domestic demand through 2017. Gains will be supported by improved market conditions and the reshoring of some fastener-using manufacturing operations. However, competition from foreign suppliers will remain intense. Import growth will narrowly outpace export growth through 2017, and the US trade deficit in industrial fasteners will expand. Study coverage This upcoming Freedonia industry study, Industrial Fasteners, is priced at $5100. It presents historical demand data for 2002, 2007 and 2012, plus forecasts for 2017 and 2022 by type and market. The study also considers market environment factors, evaluates company market share and profiles 32 US industry competitors. Table of Contents : INTRODUCTION ix I. EXECUTIVE SUMMARY 1 II. MARKET ENVIRONMENT 4 General 4 Economic Environment 5 Cyclical Trends 9 Long-Term Trends 12 Market Dynamics 14 OEM 14 MRO 18 Construction 22 Pricing Patterns 26 Fastener Materials 29 Metals 30 Plastics 32 Technology 33 Basic Fastener Technology 34 Specialty Fasteners 36 New Fastening Technologies 37 Competitive Joining Technologies 38 Legal & Regulatory Environment 41 International Environment 44 World Supply & Demand 46 US Foreign Trade 48 Imports 49 Exports 52 III. PRODUCTS 55 General 55 Standard Fasteners 59 Externally Threaded 62 Standard Screws 65 Standard Bolts 66 Other 67 Internally Threaded 68 Conventional Nuts 70 Other 71 Nonthreaded 72 Rivets 74 Washers 76 Other 77 Application-Specific 77 Market Share 79 Aerospace-Grade Fasteners 81 Externally Threaded 84 Internally Threaded 86 Nonthreaded 87 Market Share 89 IV. MARKETS 91 General 91 Original Equipment Manufacturing 94 Motor Vehicles 97 Industry Outlook 98 Fastener Market 102 Machinery 105 Industry Outlook 106 Fastener Market 108 Aerospace 110 Industry Outlook 111 Fastener Market 112 Fabricated Metal Products 115 Industry Outlook 115 Fastener Market 117 Electrical & Electronic Products 118 Industry Outlook 119 Fastener Market 122 Furniture & Wood Products 124 Industry Outlook 125 Fastener Market 126 Other OEM Applications 127 Maintenance/Repair/Operations 129 Services 132 Sector Outlook 132 Fastener Market 133 Industrial 135 Sector Outlook 135 Fastener Market 137 Public/Institutional Sector 139 Sector Outlook 140 Fastener Market 141 Construction 142 About Author Bio: I am working with a market research company which provides market research reports , custom research, company profiles, industry analysis, country reports , business reports, online databases and the report on Industrial Fasteners Market Report etc. Through our industry analysis you can identify opportunities, analyze the requirements of the customers and study the competition sector wise.
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