To request a free sample copy of this report, please complete the form below.
What people say about us!

"We have purchased recently a report from SkyQuest Technology, and we are happy to inform you that this report was so useful and practical for our team. Skyquest Team was very active and our queries were followed up completely.It was amazing. "

- Mr. Ali Zali, Commercial Director, ICIIC Iran.

logos logos logos logos logos
Analyst Support
$5,300
BUY NOW
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Plastic Fasteners Market size was valued at USD 7 Billion in 2022 and is poised to grow from USD 7.49 Billion in 2023 to USD 12.87 Billion by 2031, growing at a CAGR of 7.00% in the forecast period (2024-2031).

The competitive environment of the Plastic Fasteners Market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. Established organizations within the industry leverage techniques inclusive of product innovation, strategic partnerships, and mergers and acquisitions to strengthen their market position. Additionally, the market is witnessing elevated opposition from local and neighborhood producers supplying cost-powerful options. 'Arconic Fastening Systems and Rings', 'Acument Technologies, In', 'ATF, Inc.', 'Dokka Fasteners A S', 'LISI Group - Link Solutions for Industry', 'Nippon Industrial Fasteners Company (Nifco)', 'Hilti Corporation', 'MW Industries, Inc.', 'Birmingham Fasteners and Supply, Inc.', 'SESCO Industries, Inc.', 'Elgin Fasteners Group LLC', 'Rockford Fasteners, Inc.', 'Slidematic', 'Manufacturing Associates, Inc.', 'Eastwood Manufacturing', 'Brunner Manufacturing CO., Inc.', 'Decker Industries Corporation', 'Penn Engineering & Manufacturing Corporation'

Increasing demand for packaging materials in electronic and electrical equipment manufacturing is projected to propel the market growth during the forecast period Plastic pipe packaging is superior to metal packaging, because it holds tools well and comes in a variety of shapes and sizes. These are widely used in circuit boards to protect, install, guide and support electronic devices. For example, nylon binders are commonly used in washing machines, household appliances and auto parts. Furthermore, increased investment in residential and non-residential construction projects is expected to drive the plastic binders' market further.

Plastic is used in everything from buildings to plastic screws, washers and specific fasteners to prevent electricity from flowing through certain electronic or electrical devices. The need to deal with lightweight vehicles, the automotive and aerospace industries are accomplishing this goal with products that seek to keep weight down. Thus, there was unprecedented growth in this work. The plastic's properties make it suitable for products like plumbing valves, pipes, ready handles and seals. People choose plastic over traditional metal because it is less prone to wear and tear.

In North America, the U.S. dominates the plastic fasteners industry in terms of consumption due to the presence of extensive manufacturing of automotive electronics and aerospace companies making it a major consumer of automotive fasteners is expected to have a positive impact on the growth of the industry. The demand for plastic packaging is directly related to the performance of many end-use industries, including packaging, electronics, construction, and automotive. The importance of lightweight, corrosion resistant plastic packaging as these projects expands and potentially grow is needed.

Feedback From Our Clients

Global Plastic Fasteners Market

Product ID: SQMIG35A2856

$5,300
BUY NOW