Industry Analysis & Industry Trends
After a volatile economic period, the Screw, Nut and Bolt Manufacturing industry will begin to take a step in the right direction. Since the industry relies on downstream demand, the recovery of key industries like the automotive and construction markets will boost revenue. Additionally, exports are expected to grow, as emerging countries like India increase demand for the products. However, rising import competition will threaten operators, resulting in a shift in production toward precision products... purchase to read more
Industry Report - Industry Key Buyers Chapter
IBISWorld estimates that the four largest players in the Screw, Nut and Bolt Manufacturing industry will account for less than 25.0% of industry revenue in 2013. The wide variety of products manufactured in this industry as well as the diverse buying markets make it difficult for individual operators to grab a large portion of industry market share.
Over time, the industry's concentration has been increasing, albeit slowly. Precision Castparts' acquisition of Fatigue Technology indicates that companies are making a concerted effort to increase profitability by claiming larger portions of market share. The rapid growth in industry demand over 2010 and 2011 presented some opportunity for new entry and expansion... purchase to read more