Dublin, Nov. 29, 2021 (GLOBE NEWSWIRE) -- The "North America, Europe and Oceania Building and Construction Fasteners Market Size, Share & Trends Analysis Report by Material, by Application, by Region, and Segment Forecasts, 2020-2028" report has been added to ResearchAndMarkets.com's offering.
The North America, Europe and Oceania building and construction fasteners market size is expected to reach USD 5.72 billion by 2028 and is anticipated to register a CAGR of 5.0% from 2020 to 2028
The rise in the development of residential and commercial building structures across North America, Oceania, and European economies is expected to drive the demand for construction-grade fasteners.
The growing availability of building and construction fasteners through the retail chain and online platforms has supported the product penetration in the construction industry. Moreover, the wide demand for fasteners in modular construction techniques has created a broad scope for the building and construction fasteners.
The metal fasteners industry is dominated by the numerous small and medium-scale fastener manufacturing companies operating their businesses in major construction markets across the globe. The high mechanical strength offered by metal fasteners is expected to steadily boost their demand over the forecast period.
Prominent players in the building and construction fasteners market are investing in R&D for the development of high-strength fasteners with enhanced bonding mechanisms and resistance to chemicals. Moreover, product portfolio expansion and technology innovation are other factors considered for gaining market share.
North America, Europe And Oceania Building And Construction Fasteners Market Report Highlights
Metal fasteners are expected to witness the fastest growth from 2020 to 2028, registering a CAGR of 5.1%, owing to the products' high strength and enhanced bonding application
Residential applications for building and construction fasteners dominated the market with a revenue of USD 2.29 billion and is anticipated to ascend at a high growth rate of 5.4% in the projected time till 2028
Europe accounted for the largest market with a revenue share of 50.2% in 2020 among the three regions and is likely to ascend at a CAGR of 5.5% over the forecast period
The U.S. accounted for the largest market with revenue of USD 1.37 billion in 2020 in North America on account of rising demand for residential construction, especially the single home units
Prominent players operating in North America and Europe are aiming to collaborate with construction companies to increase penetration and market reach in residential and commercial building segments
Key Topics Covered:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Market Variables, Trends, and Scope
Chapter 4. North America, Europe and Oceania Building and Construction Fasteners Market: Material Estimates & Trend Analysis
Chapter 5. North America, Europe and Oceania Building and Construction Fasteners Market: Application Estimates & Trend Analysis
Chapter 6. North America, Europe and Oceania Building and Construction Fasteners Market: Regional Estimates & Trend Analysis
Chapter 7. Competitive Landscape
Chapter 8. Company Profiles
SPAX International GmbH & Co. KG
The Hilllman Group, Inc.
Midwest Fasteners, Inc.
The Rodon Group
U.S. Titanium Industry Inc.
Acument Global Technologies, Inc.
Dokka Fasteners AS
Stanley Black & Decker, Inc.
Copper and Turner Ltd
The Paneloc Corporation
MW Industries, Inc.
Birmingham Fastener and Supply, Inc.
Elgin Fastener Group LLC
Decker Industries Corporation
Illinois Tool Works Inc.
Fontana Finanziaria S.p.A.
Ochiai Co., Ltd.
KOVA Fasteners Pvt. Ltd.
Wilhelm Bollhoff GmbH & Co. KG
Asia Bolts Industries LLC
For more information about this report visit https://www.researchandmarkets.com/r/pdbcaq
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