Screwed up: The industry contracted in line with decreased demand from downstream industries

Operators in the Screw, Nut and Bolt Manufacturing industry produce metal fastening products used across an assortment of manufacturing industries, such as aircraft, automobiles and appliances, as well as in various construction projects, such as bridges and buildings. Over the five years to 2017, competition from substitute products, such as adhesives, and deteriorating demand from certain downstream markets have proven detrimental to the industry. Additionally, volatile input prices have negatively influenced the industry as well. As a result, industry revenue contracted over the past five years. Moving forward, however, industry is forecast to stabilize as industrial production and demand from aircraft manufacturers continue to grow and the value of the US dollar depreciates...purchase to read more.

Industry Statistics & Market Size
Annual Growth 12-17
Forecast Growth 17-22
Market Share of Companies

Industry Threats & Opportunities

  • Deteriorating demand from certain downstream markets has proven detrimental to the industry
  • The manufacturing of precision-turned products has been growing
  • Nonresidential and bridge construction will spur demand for both generic and precision fasteners
  • Industry Report - Starting a New Business Chapter

    Barriers to entry in this industry are moderate. The biggest deterrent of potential entrants is the startup cost associated with developing a fastener manufacturing company. However, certain product segments require professional accreditation or certification from third-party standards developing organizations (see Regulation and Policy Section). In addition to general health and safety issues, operators producing highly specialized aeronautical and automotive fasteners must comply with strict design and content regulations. These increase capital startup costs substantially and discourage entry for companies without significant access to capital. Significant financial investment is also required to acquire, maintain and update plant and equipment. The...purchase to read more.

    Additional Insights for the Screw, Nut & Bolt Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Screw, Nut & Bolt Manufacturing Industry are

  • Having a diverse range of clients
  • Having links with suppliers
  • Effective cost controls
  • IBISWorld analysts also discuss how external factors such as Industrial production index and Trade-weighted index in the Screw, Nut & Bolt Manufacturing industry impact industry performance..

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    What's in this report

    What is the Screw, Nut & Bolt Manufacturing Industry?

    This industry manufactures metal fastening products that can be divided into two groups. Precision fastening products are custom made for a particular project or customer. Alternatively, metal bolt, nut, screw, rivet, washer and industrial fastening products are fabricated to an industry standard and are designed for the wider market. This industry does not manufacture plastic fastening products.

    Industry Products
  • Nonthreaded metal fasteners
  • Precision turned products for automotives
  • Other Precision turned products
  • Other Fasteners
  • Threaded metal fasteners
  • Aircraft fasteners, excluding plastics
  • Industry Activities
  • Manufacturing precision turned products
  • Manufacturing generic nuts, bolts, screws, rivets and washers
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Industrial production index
  • Trade-weighted index
  • Value of construction
  • Demand from car and automobile manufacturing
  • Price of steel

  • Current Performance
  • Fluctuating demand
  • Generic versus precision
  • Opportunity and threat abroad
  • Chart: Revenue Growth

  • Industry Outlook
  • Downstream activity
  • Shifting international landscape
  • Rising profit
  • Table: Screw, Nut & Bolt Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Screw, Nut & Bolt Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Engine & Turbine Manufacturing
  • Wind Turbine Manufacturing
  • Vacuum, Fan & Small Household Appliance Manufacturing
  • Major Household Appliance Manufacturing
  • Electrical Equipment Manufacturing
  • Car & Automobile Manufacturing
  • SUV & Light Truck Manufacturing
  • Truck & Bus Manufacturing
  • Aircraft, Engine & Parts Manufacturing
  • Space Vehicle & Missile Manufacturing

  • Key Selling Industries
  • Aluminum Manufacturing
  • Copper Rolling, Drawing & Extruding
  • Iron & Steel Manufacturing
  • Nonferrous Metal Rolling & Alloying

  • Products & Services
  • Other Precision turned products
  • Threaded metal fasteners
  • Precision turned products for automotives
  • Aircraft fasteners, excluding plastics
  • Nonthreaded metal fasteners
  • Other Fasteners
  • Chart: Screw, Nut & Bolt Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • General manufacturing
  • Automotive
  • Aerospace
  • Exports
  • Construction
  • Chart: Major Market Segmentation for the Screw, Nut & Bolt Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Labor costs
  • Depreciation and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Screw, Nut & Bolt Manufacturing

  • Basis of Competition
    PriceProduct featuresBrandInternational activity
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Screw, Nut & Bolt Manufacturing Industry

  • Industry Globalization
    Precision Castparts Corp.,
  • Table: Precision Castparts Corp. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Screw, Nut & Bolt Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Screw, Nut & Bolt Manufacturing Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Industrial production index (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
  • A small square or hexagonal piece of metal with a threaded hole running through it, for screwing onto a bolt.
  • Precision Manufactured Fastening Products
  • Fastening products that use specialized equipment and skilled labor, and are tailored to the needs of a particular project or industrial customer.
  • Rivet
  • A metal pin or bar with a headless end, used to hold together two plates of metal
  • Screw
  • A short metal pin with a helical thread running around it and a slotted head, used to join things together.
  • Washer
  • A small circular metal flat ring, fixed under a nut and used to tighten two joining surfaces.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Screw, Nut & Bolt Manufacturing Industry Research Report contains up-to-date data and analysis, allowing you to identify the strengths and potential weaknesses of major companies in the industry. Build your credibility with clients and prospects by sharing insights into the current and emerging trends driving their industry. Our market research gives you the tools to win new business and keep existing clients.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Screw, Nut & Bolt Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Screw, Nut & Bolt Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Screw, Nut & Bolt Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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