Marine Fasteners Market - Global Industry Analysis

Marine Fasteners Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Category: Automotive Report Format : PDF Report Code: ZMR-2260 Status : Upcoming

Description

Marine Fasteners Market: Overview

In the manufacturing of the ship rebuilding and the construction of the new ships the marine fasteners play a very important role; they require the capabilities to resist the high tensile, torsion, as well as compressive force. The complexity of the marine fasteners differs from various types of the marine vehicle.

Marine Fasteners Market: Facts

The market player Marine Fasteners manufacture nuts that are graded with strength ratings that are attuned with their respective bolts; e.g., a 10 nut of the ISO property class has the ability to bear the bolt proof strength load of 10.9 bolt of the ISO property class and that too without stripping.

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Marine Fasteners Market: Segmentation

The global market for the marine fasteners is fragmented into its product type, the material used, and the application area. Based on the type of the product, the global market is segregated into bolts, togglers, washers, hog rings, screws, nuts, bits, nails, canvas fasteners, and others. Based on the type of the material, the market is categorized into aluminum, nickel alloys, plastic polyethylene, stainless steel, bronze/brass, rubber, nylon, and others. Based on the applications, the market is divided into fishing vessels, offshore support vessels, merchant marine, yacht/recreational boat, military, and others.

Marine Fasteners Market: Growth Factors

There has been a huge transformation in the materials of the marine vehicle body and the increasing trends towards the light weight bodies are the major factors that are driving the marine fasteners market. The shift in the focus on the developments of the new product and innovations that are made in the existing product anticipates triggering the growth of the market. Another factor that is influencing the growth of the market is the rise in the ship building activities. There are a huge number of market players present in the marine fasteners market which is creating a situation of tough competition. This situation creates price pressure on the manufacturers and they are struggling to meet their profit margins. The market for the marine fasteners will be impacted by the oil and the gas industry.

Marine Fasteners Market: Regional Analysis

The region that is dominating the marine fasteners market is Asia Pacific region owing to the fact that the countries such as China, South Korea, and Japan are the major ship building destinations which increase the demand for the marine fasteners. In the coming years, the region will be experiencing a steady growth in the market. Following Asia Pacific region is Europe. Europe anticipates being the next big market for the marine fasteners. Europe is the major competitor in the shipbuilding and rebuilding sector. The countries that will contribute to the growth of the market are the U.K., Romania, Poland, Germany, and others.

Marine Fasteners Market: Competitive Players

The key market players that are involved in the marine fasteners market include Seastar Solutions, Fasco Fasteners, HandiMan Marine, Perfect Fit - McDonald Inc., Attwood Marine Products, Marine Fasteners, Inc., Bainbridge Marine, Arrow Fastener Company, LLC., Sea-Dog Corporation, and others.

Marine Fasteners Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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