DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/hjf256/asia_industrial) has announced the addition of the "Asia Industrial Fasteners Market Analysis By Product (Externally Threaded, Aerospace Grade, Other Standard), By Application (Automotive OEM, Machinery OEM, Construction, MRO) And Segment Forecasts To 2020" report to their offering.
Asia Industrial Fastener Market is expected to reach USD 44.12 billion by 2020 Growing automotive demand in light of increasing disposable income of consumers is expected to propel demand for industrial fasteners over the next five years. China dominated the Asia fasteners market in 2013 and the trend is anticipated to continue over the forecast period on account of rapid expansion of domestic manufacturing base. India is expected to witness the fastest growth over the projected period as a result of increasing automotive production.
In addition, infrastructure improvement in emerging economies is likely to propel demand for screws, bolts and rivets. Economic growth and rapid industrialization in China, India, Malaysia, Vietnam, Malaysia and Thailand is anticipated to stimulate investments for construction which in turn is likely to augment industrial fastener market over the projected period.
Increasing use of fasteners in the manufacturing of automotive parts including engine, body, molding, suspension system, frame, body assembling and wheels is expected to drive market growth. Growing production of aircraft parts in China on account of The 2011 State Council Policy for aerospace sector is expected to spur market growth. Increasing number of regional manufacturers in China including Shanghai, Chengdu, Xi'an, Jiangxi and Shenyang is further anticipated to boost industrial fastener market over the forecast period. However, rising market share of substitutes such as PU adhesives is anticipated to restrain industrial faster market in the automotive and construction sector over the forecast period.
Key Topics Covered:
1. Methodology and Scope
2. Executive Summary
3. Asia industrial Fasteners Industry Outlook
4. Asia Industrial Fasteners Product Outlook
6. Asia Industrial fasteners Country Outlook
7. Competitive Landscape
- Asia Bolts Industries LLC
- Micron Precision Screws Ltd.
- Caparo
- Kova Fasteners Pvt. Ltd.
- NIFCO
- Standard Fasteners Ltd
- Peaksight Fasteners
- Beijing Zhaobo High Strength Fastener Co. Ltd.
- Chao Jing Precision Machines Co. Ltd.
- Ochiai Co. Ltd.
- Japan Power Fastening Co. Ltd.
- Shanghai Fasteners Company
- Bossard
- Avon Industries Corporation
- Ekta Industries
For more information visit http://www.researchandmarkets.com/research/hjf256/asia_industrial
