Attractive Opportunities in Plastic Fasteners Market by End-user and Geography - Forecast and Analysis 2021-2025

Attractive Opportunities in Plastic Fasteners Market by End-user and Geography - Forecast and Analysis 2021-2025

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NEW YORK, Oct. 12, 2021 /PRNewswire/ -- The plastic fasteners market is set to grow by USD 1.82 billion from 2021 to 2025. However, the market is likely to decelerate at a CAGR of 6.40% during this period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

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The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. Avery Dennison Corp., Bossard Holding AG, Illinois Tool Works Inc., MW Industries Inc., Nifco Inc., Nyltite Corp., Penn Engineering, Raygroup SASU, Shanghai Yuanmao Fastener Co. Ltd., and Stanley Black and Decker Inc. are some of the major market participants. The Cost advantages of using plastic fasteners, the increasing demand for plastic fasteners from several end-user industries, and the beneficial chemical, thermal, electrical properties of plastic fasteners will offer immense growth opportunities. However, the Stringent regulations against the use of plastic will hamper the market growth.

Plastic fasteners 2021-2025: Segmentation

  • End-user
    • Automotive
    • Electrical And Electronics
    • Building And Construction
    • Supermarkets
    • Others
  • Geography
    • APAC
    • Europe
    • North America
    • MEA
    • South America

Plastic Fasteners Market 2021-2025: Vendor Analysis and Scope

To help businesses improve their market position, the plastic fasteners market provides a detailed analysis of around 25 vendors operating in the market. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.

The report also covers the following areas:

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Plastic Fasteners Market 2021-2025: Key Highlights

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will assist plastic fasteners market growth during the next five years
  • Estimation of the plastic fasteners market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the plastic fasteners market
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of plastic fasteners market vendors

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Plastic Fasteners Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Decelerate at a CAGR of 6.40%

Market growth 2021-2025

USD 1.82 billion

Market structure

Fragmented

YoY growth (%)

8.97

Regional analysis

APAC, Europe, North America, MEA, and South America

Performing market contribution

APAC at 43%

Key consumer countries

US, China, Germany, India, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Avery Dennison Corp., Bossard Holding AG, Illinois Tool Works Inc., MW Industries Inc., Nifco Inc., Nyltite Corp., Penn Engineering, Raygroup SASU, Shanghai Yuanmao Fastener Co. Ltd., and Stanley Black and Decker Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

You can download our sample report to unlock information on upcoming trends and challenges that will have a far-reaching effect on market growth.

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research

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UK: +44 203 893 3200

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