Global Plastic Fasteners Market to be Driven by Rise in Infrastructure Development in Developing Countries in the Forecast Period of 2022-2027

Plastic Fasteners Market Size, Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2022-2027 | EMR Inc.

The new report by Expert Market Research titled, ‘Global Plastic Fasteners Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global plastic fasteners market assessing the market based on product-type, end-user and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Get a Free Sample Report with Table of Contents – https://bit.ly/3xlaot5

The key highlights of the report include:

Market Overview (2021-2027)

• Historical Market Size (2021): USD 5.33 Billion
• Forecast CAGR (2022-2027): 6.12%
• Forecast Market Size (2027): USD 7.65 Billion

Plastic fasteners are expected to drive the market in the coming years, with increasing substitution of metal fasteners in automotive interiors due to improved aesthetics and lightweight characteristics, as well as widespread popularity of these products in the automotive, space, oil & gas, and marine sectors.

Industry Definition and Major Segments

Plastic fasteners are pieces that are used to connect or secure two or more things. Plastic screws, nuts, threaded rods, balls, bolts, and washers are all examples of plastic fasteners. Plastic moulding and machining are the two procedures used to make them. Plastics such as nylon, acetal, PVC, ABS, polyethylene, polycarbonate, and polypropylene are used to make fasteners.

Read Full Report with Table of Contents – https://bit.ly/3GV3g9P

The major product types in the industry are:

• Washers and Spacers
• Grommets and Bushings
• Threaded Fasteners
• Rivets and Push-in Clips
• Cable Clips and Ties
• Wall Plugs
• Others

The market can be broadly categorised, on the basis of end user, into:

• Automotive
• Electrical and Electronics
• Building and Construction
• Others

On the Basis of region, the market can be divided into:

• North America
• Europe
• Asia Pacific
• Latin America
• The Middle East and Africa

Market Trends

Plastic fasteners are anticipated to have the greatest end-user sector in the automobile industry. The automotive section of the plastic fasteners market is predicted to develop due to growing demand for electric cars. Environmental rules enacted by different government agencies have accelerated the development of lightweight, fuel-efficient cars, resulting in increased demand for plastic fasteners in the automotive sector.

Due to increased construction investment and large-scale manufacturing of passenger automobiles and commercial vehicles in countries such as India, Japan, China, and South Korea, Asia Pacific will dominate the market.

Key Market Players

The major players in the market are Illinois Tool Works Inc., Raygroup SASU, Nifco Inc., Stanley Black & Decker, Inc., Bossard Group, among others. The report covers the market shares, capacities, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

Media Contact

Company Name: Claight Corporation
Contact Person: Irene Garcia, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com

Read More Reports:

Global Hydroponics Market: https://www.designerwomen.co.uk/global-hydroponics-market-to-be-driven-by-the-rapidly-increasing-global-population-in-the-forecast-period-of-2022-2027/

Global Overhead Cranes Market:https://www.designerwomen.co.uk/global-overhead-cranes-market-to-be-driven-by-the-rising-investments-in-infrastructure-development-activities-in-the-forecast-period-of-2022-2027/

Global Auto Insurance Market: https://www.designerwomen.co.uk/global-auto-insurance-market-to-be-driven-by-the-rising-sale-of-automobiles-in-the-forecast-period-of-2022-2027/

Also, Check Procurement Intelligence which provides you Infallible research solutions.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

Expert Market Research

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally. At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
Back to top button