Tag Archives: Industrial

Research Report on Industrial Fasteners Market in 2018: Transparency Market Research


Albany, New York (PRWEB) May 20, 2014

According to a new report published by Transparency Market Research “Industrial Fasteners Market (Externally Threaded, Aerospace Grade and Standard) for Automotive OEM, Machinery OEM, MRO and Construction Applications – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 – 2018,” the global demand for industrial fasteners was valued at USD 65.50 billion in 2011 and is expected to reach USD 94.65 billion in 2018, growing at a CAGR of 5.4% from 2012 to 2018.

Fasteners are devices which are used to mechanically join two or more components, devices or surfaces together. The commonly used fasteners include nails, screws, nut, bolts, clips, rivets, pins and washers. The basic requirements for fasteners are that they must be strong enough to handle loads and pressure, must be cost effective, easy to use, resistive to corrosion and aesthetic. They find application across a wide range of sectors such as automobiles, construction, electronics, machineries, industries and other everyday applications. Increasing demand for automobiles particularly in countries such as China, Brazil and India is an important factor which is expected to contribute to the growth of the fasteners market over the forecast period. Development of tailor-made fasteners to suit rapidly growing niche application sectors such as rail road and solar equipment is expected to open new opportunities for the growth of the market in the near future.

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Externally threaded fastener was the largest product segment of industrial fasteners accounting for 45% of the market in 2011. These fasteners are used in a variety of applications including construction, automotives, durable goods, industrial and domestic machines and other OEM segments. This product segment is expected to be the fastest growing segment on account of rising demand for durable goods. Other factors such as increasing construction activities and industrialization are expected to drive the demand for externally threaded fasteners. The consumption for standard fasteners accounted for over 30% of the market in 2011.

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Usage of industrial fasteners in other OEMs was the largest application segment of the market accounting for over 30% in 2011. However, the demand for fasteners from construction sector is expected to be highest on account of rising construction activities in Asia Pacific. Renovation and restructuring activities in matured markets of North America and Europe are expected to contribute significantly to the demand for fasteners in construction. Demand for fasteners from automotive OEM is expected to be higher than average on account of increasing demand for automobiles in countries such as China and India due to growing disposable income of consumers in this region. In addition, replacement activities are highly prevalent in North America and Europe. These factors are expected to drive the global demand for industrial fasteners in their use in automotive OEM over the forecast period. Maintenance, repair and operations (MRO) was the third largest application segment for industrial fasteners. However, this segment is expected to show the slowest growth on account of rising consumer preference towards replacement of goods.

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Asia Pacific accounted for the largest demand for industrial fasteners followed by the demand in Western Europe. Asia Pacific accounted for 40% of the total market in 2011. Rapid industrialization which led to improved economic conditions has led to rising construction activities for residential and non-residential buildings. In addition, industrialization has led to a growth of machinery OEM market in this region. Furthermore, favorable economic conditions have led to rising disposable income of consumers, thus, driving the demand for durable goods. These factors are expected to boost the demand for fasteners in this region over the next six years. Changing economic conditions of countries present in rest of the world such as Brazil is expected to drive the demand for fasteners over the near future. Moreover, increasing construction activities in Middle East and Africa are expected to further fuel the demand for fasteners.

Some of the key players present in the market include Alcoa Incorporated, Illinois Tool Works Incorporated, LISI Group, NIFCO and Precision Castparts Corporation. Other prominent players include Penn Engineering & Manufacturing Corporation, Stanley Black & Decker and ITW.

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Grupo Industrial LaLa Supports Global Expansion with Commitment to CPs Mirapoint Messaging Platform

San Mateo, CA (PRWEB) September 06, 2013

Critical Path, Inc. (CP), a global leader in Messaging, Security, and Unified Communications, today announced that Grupo Industrial LaLa (GILSA) has made a significant commitment to CPs Mirapoint Messaging Platform as the organizations email and email security solution for their users across North America.

GILSA is one of the largest dairy companies in the world. Headquartered in Mexico, GILSA manufactures and distributes dairy products through a finely tuned supply chain across the North American continent. The last five years have seen GILSA embark on an international expansion program from its Mexican base. This began in 2008 with the purchase of its first US-based manufacturing plant in Omaha, Nebraska.

Acquiring new operations has required seamlessly integrating organizations and data into GILSA. To support that effort, GILSA assigned its Network and Architecture team to specify the requirements for a new communications system across the company. Working with local technology provider Virmar (virmar.mx), GILSA built the business case that formed the basis for investment.

Ing. Hector Curiel, TI-Technology Planning Manager at GILSA explains, My first challenge was to craft a strategy to transform the communication platform from a local departmental system to an international communications network. To achieve this, selecting a solid and reliable email partner was critical. We chose CP because its solution met our requirements of a standard, robust, reliable, and flexible email solution platform that supports Grupo LaLas growth in any country we have operations.

Mark Palomba, CPs CEO, shared, When Grupo LaLa began looking for a partner, they carefully built a business case based on several key elements including performance, reliability, high availability, mobile support, tight data security, support for future growth, email archiving, ease-of-use and more. CP is delighted they have chosen us to meet the needs of their business now, and as they expand internationally. CP is one of the largest providers of email solutions in the world, supporting over 225M accounts, and will continue to provide the high-quality email, security, and archiving services so relied upon by this leading company.

Mirapoint Message Server, RazorGate, and RazorSafe:

Message Server, RazorGate, and RazorSafe provide a solid foundation for a secure messaging infrastructure, providing a standards-based platform that intelligently serves, secures, manages, and archives messages with multi-mode client access and full malware protection. These appliance offerings deliver the best price-performance and the scalability to handle the most demanding email environments. For more information on Message Server, RazorGate, and RazorSafe, please visit http://www.cp.net.

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About Grupo Industrial LaLa

Founded in 1949 in La Laguna, Mexico, GRUPO LALA is one of the largest dairy companies in the world and the leading producer of milk, yogurt, cheese, cream and yogurt-based desserts in Mexico. The company owns 23 manufacturing facilities in Mexico, the U.S. and Central America, employing 30,000 people. LALAs distribution network, the largest in Latin America, comprises 160 distribution centers and 6,000 refrigerated routes, serving more than 550,000 customers every day. The companys portfolio of brands includes LALA