Abstract
US industrial fastener demand to grow 3.8% per year through 2011
Through 2011, US demand for industrial fasteners will increase 3.8 percent annually to $13.5 billion. Gains will be supported by a healthy rise in durable goods output, especially aerospace equipment and electrical and electronic products.
In addition, increased motor vehicle production will provide opportunities, although these will be less pronounced than over the past decade when the shift to larger models increased the need for fasteners in motor vehicles. The move to larger models drove the value of fasteners in the average vehicle from around $215 in 1996 to nearly $270 in 2006; however, since the share of larger trucks and sport utility vehicles produced will level off, per vehicle fastener usage will stabilize as well.
Also limiting increases will be downward pricing pressure, particularly as raw material prices moderate from mid-decade highs. Functional competition from alternative joining technologies like adhesives and cinching, as well as a moderation in industrial machinery shipments and residential building construction, will also restrain demand through 2011.
Table of Contents
INTRODUCTION
I. EXECUTIVE SUMMARY
II. MARKET ENVIRONMENT
- General
- Economic Environment
- Cyclical Trends
- Long Term Trends
- Market Dynamics
- OEM
- MRO
- Construction
- Pricing Patterns
- Fastener Materials
- Metals
- Plastics
- Technology
- Basic Fastener Technology
- Specialty Fasteners
- New Fastening Technologies
- Competitive Joining Technologies
- Legal & Regulatory Environment
- International Environment
- World Supply & Demand
- US Foreign Trade
- Imports
- Exports
III. PRODUCTS
- General
- Standard Fasteners
- Externally Threaded
- Standard Screws
- Standard Bolts
- Other
- Internally Threaded
- Conventional Nuts
- Other
- Nonthreaded
- Rivets
- Washers
- Other
- Application-Specific
- Leading Producers
- Externally Threaded
- Aerospace-Grade Fasteners
- Externally Threaded
- Internally Threaded
- Nonthreaded
- Leading Producers
IV. MARKETS
- General
- Original Equipment Manufacturing
- Motor Vehicles
- Industry Outlook
- Fastener Market
- Industrial Machinery
- Industry Outlook
- Fastener Market
- Fabricated Metal Products
- Industry Outlook
- Fastener Market
- Aerospace
- Industry Outlook
- Fastener Market
- Electrical & Electronic Products
- Industry Outlook
- Fastener Market
- Furniture & Wood Products
- Industry Outlook
- Fastener Market
- Other OEM Applications
- Motor Vehicles
- Maintenance/Repair/Operations
- Services MRO
- Sector Outlook
- Fastener Market
- Industrial MRO
- Sector Outlook
- Fastener Market
- Public/Institutional Sector
- Sector Outlook
- Fastener Market
- Construction
- Services MRO
V. INDUSTRY STRUCTURE
- General
- Industry Composition
- Market Share
- Illinois Tool Works
- Alcoa
- Precision Castparts
- Acument
- Emhart Teknologies
- Other Leaders
- Product Development & Manufacturing
- Marketing & Distribution
- Cooperative Agreements
- Financial Issues
- Mergers, Acquisitions & Industry Restructuring
- Company Profiles
- A-1 Technologies, see Link Solutions for Industry
- AAA Aircraft Supply LLC, see Precision Castparts
- AB Connectors Limited, see TT electronics plc
- Acument Global Technologies Incorporated
- Air Industries Corporation, see Precision Castparts
- Ajax Metal Processing, see Cold Heading
- Alcoa Incorporated
- Allfast Fastening Systems Incorporated
- Anixter International Incorporated
- Aoyama Seisakusho Company Limited
- Arger Enterprises Incorporated, see Melrose plc
- Atlas Bolt & Screw Company, see Marmon Group
- Avibank Manufacturing, see Precision Castparts
- AVK Industrial Products, see Precision Castparts
- BAS Components Limited, see TT electronics plc
- Black & Decker Corporation
- BNC & Associates, see FastenTech Incorporated
- Brainard Rivet, see Fastener Industries Incorporated
- Cherry Aerospace LLC, see Precision Castparts
- Cold Heading Company
- Danaher Corporation
- Deerwood Fasteners International, see Marmon Group
- Delo Screw Products, see Park-Ohio Holdings
- Emhart Teknologies LLC, see Black & Decker Corporation
- ERICO International Corporation
- Erie Bolt Corporation, see FastenTech Incorporated
- Fastenal Company
- Fasteners & Automotive Products, see MNP Corporation
- Fastener Industries Incorporated
- FastenTech Incorporated
- Federal Screw Works
- Ferry Cap & Set Screw, see FastenTech Incorporated
- General Fasteners Company, see MNP Corporation
- GenFast Manufacturing Company, see MNP Corporation
- Hilti AG
- Hi-Shear Corporation, see Link Solutions for Industry
- Holo-Krome Company, see Danaher Corporation
- Huck Fasteners, see Alcoa Incorporated
- Ifastgroupe 2004 LP
- Illinois Tool Works Incorporated
- Indiana Automotive Fasteners, see Aoyama Seisakusho
- Infasco, see Ifastgroupe 2004 LP
- Ingersoll Fasteners, see Ifastgroupe 2004 LP
- ITW Brands, see Illinois Tool Works Incorporated
- Jesse Industries Incorporated, see Melrose plc
- KAMAX-Werke Rudolf Kellermann GmbH & Company
- Lake Erie Products, see TriMas Corporation
- Link Solutions for Industry
- MacLean-Fogg Company
- Marmon Group Incorporated
- Melrose plc
- MNP Corporation
- Monadnock Company, see Link Solutions for Industry
- Monogram Aerospace Fasteners, see TriMas Corporation
- Nelson Stud Welding, see FastenTech Incorporated
- Nifco American, see Nippon Industrial Fastener Company
- Nippon Industrial Fastener Company
- Nucor Corporation
- NYLOK Corporation, see Marmon Group Incorporated
- Ohio Nut and Bolt, see Fastener Industries Incorporated
- Pan American Screw, see Marmon Group Incorporated
- Park-Ohio Holdings Corporation
- PennEngineering & Manufacturing Corporation
- Piolax Incorporated
- Precision Castparts Corporation
- RB&W Manufacturing, see Park-Ohio Holdings
- Robertson Incorporated, see Marmon Group Incorporated
- Rockford Products Corporation
- Semblex Corporation
- SFS Holding AG
- Shur-Lok, see Precision Castparts Corporation
- Southco Incorporated
- Specialty Bar Products, see FastenTech Incorporated
- Specialty Bolt & Stud, see Marmon Group Incorporated
- SPS Technologies, see Precision Castparts Corporation
- Stud Welding Associates, see FastenTech Incorporated
- Sure-Drive USA, see Marmon Group Incorporated
- Textron Incorporated
- Tinnerman Palnut Engineered Products Incorporated
- TriMas Corporation
- TRW Automotive Holdings Corporation
- TT electronics plc
- Valley-Todeco Incorporated, see Melrose plc
- Vermont Fasteners Manufacturing, see Ifastgroupe 2004
- Wuerth (Adolf) GmbH & Company KG
- Additional Fastener Companies
LIST OF TABLES
SECTION I -- EXECUTIVE SUMMARY
- Summary Table
SECTION II -- MARKET ENVIRONMENT
- 1 Economic Environment
- 2 Industrial Fastener Market Trends
- 3 Manufacturers’ Shipments by Industry
- 4 Private Fixed Investment by Sector
- 5 Construction Expenditures
- 6 Industrial Fastener Pricing Patterns
- 7 Industrial Fastener Demand by Material
- 8 Adhesive Demand in Competitive Markets
- 9 World Industrial Fastener Demand by Region
- 10 US Foreign Trade in Industrial Fasteners
- 11 US Industrial Fastener Imports by Source
- 12 US Industrial Fastener Exports by Destination
SECTION III -- PRODUCTS
- 1 Industrial Fastener Supply & Demand
- 2 Standard Fastener Supply & Demand
- 3 Externally Threaded Standard Fastener Demand
- 4 Internally Threaded Standard Fastener Demand
- 5 Nonthreaded Standard Fastener Demand
- 6 Application-Specific Standard Fastener Demand
- 7 Aerospace-Grade Fastener Supply & Demand
- 8 Externally Threaded Aerospace-Grade Fastener Demand
- 9 Internally Threaded Aerospace-Grade Fastener Demand
- 10 Nonthreaded Aerospace-Grade Fastener Demand
SECTION IV -- MARKETS
- 1 Industrial Fastener Demand by Market
- 2 OEM Industrial Fastener Demand by Market
- 3 Motor Vehicle Indicators
- 4 Motor Vehicle Fastener Demand
- 5 Industrial Machinery & Equipment Shipments
- 6 Industrial Machinery Fastener Demand
- 7 Fabricated Metal Product Shipments
- 8 Fabricated Metal Product Fastener Demand
- 9 Aerospace Equipment Shipments
- 10 Aerospace Equipment Fastener Demand
- 11 Electrical & Electronic Product Shipments
- 12 Electrical & Electronic Product Fastener Demand
- 13 Furniture & Wood Product Shipments
- 14 Furniture & Wood Product Fastener Demand
- 15 Other OEM Fastener Demand
- 16 MRO Fastener Demand by Market
- 17 Selected Service Revenues
- 18 Service Sector Fastener Demand
- 19 Industrial Sector Outlook
- 20 Industrial Sector MRO Fastener Demand
- 21 Government Spending & Investment
- 22 Public/Institutional Sector Fastener Demand
- 23 Construction Sector Fastener Demand
SECTION V -- INDUSTRY STRUCTURE
- 1 Revenue Data: Selected Industrial Fastener Manufacturers, 2006
- 2 Capital Spending Patterns: Selected Industrial Fastener Manufacturers
- 3 Selected Cooperative Agreements
- 4 Composite Financial Ratios: Selected Industrial Fastener Manufacturers
- 5 Selected Acquisitions & Divestitures
LIST OF CHARTS
SECTION II -- MARKET ENVIRONMENT
- 1 Industrial Fastener Market Trends, 1997-2006
- 2 Industrial Fastener Price Deflators
SECTION III -- PRODUCTS
- 1 Industrial Fastener Demand by Type
- 2 Standard Fastener Demand by Type, 2006
- 3 US Standard Fastener Market Share by Company, 2006
- 4 Aerospace-Grade Fastener Demand by Type, 2006
- 5 US Aerospace-Grade Fastener Market Share by Company, 2006
SECTION IV -- MARKETS
- 1 Industrial Fastener Demand by Market
- 2 OEM Industrial Fastener Demand by Market, 2006
- 3 MRO Industrial Fastener Demand by Market, 2006
SECTION V -- INDUSTRY STRUCTURE
- 1 US Industrial Fastener Market Share by Company, 2006
