Daily Fasteners and Fixings News by Bazibaza

Market Info

Market Info Fastener and Fixing industry

Taiwan’s Wood Screw Export to USA Grows 80% – Fastener World Inc.

 In the first 10 months of 2019, Taiwan exported 22,532 tons of wood screws to the U.S., which is a significant increase of 82% compared to the same period of 2018.(...) via Taiwan’s Wood Screw Export to USA Grows 80%. [Read More]
2020/02/18

As the automotive revolution gathers pace, new opportunities arise | Fastener + Fixing Magazine

 According to BloombergNEF’s latest electric vehicle (EV) outlook report, 57% of all global passenger vehicle sales and 30% of the global passenger vehicle fleet sales will be electric by 2040.(...) via As the automotive revolution gathers pace, ... [Read More]
2020/02/14

Coronavirus: “Companies need to urgently review their supply chain” | Torque-Expo

 With factories in China remaining shut an extra week, extending the traditional shutdown over the Lunar New Year thanks to fears of the Coronavirus, businesses are being warned to urgently assess their exposure to further potential supply chain ... [Read More]
2020/02/04

Industrial fasteners market to hit $109.61 billion by 2025; automotive dominates while plastic grows | Torque-Expo

 The global industrial fasteners market is expected to reach $109.61 billion by 2025, with the automotive sector and the non-threaded fastener segment leading the way.(...) via Industrial fasteners market to hit $109.61 billion by 2025; automotive ... [Read More]
2020/02/03

MacDermid Alpha Automotive | Fastener + Fixing Magazine

 At the end of 2018, global automotive production was forecast at 94.5 million units for the full year of 2019. By Q4 2019, that full year forecast had dropped by some 5% to 89.7 million, not far off 2015 vehicle output. Whereas all regions have seen ... [Read More]
2020/02/03

COMMENT: Coronavirus seems likely to impact on the fastener supply chain | Torque-Expo

 It seems crass to try to assess how the coronavirus will affect the fastener supply chain while the virus is impacting on and taking away lives – and it is undoubtedly is a secondary concern – but nevertheless it seems increasingly likely that ... [Read More]
2020/01/31

Standard components – steering the future of the automotive industry | Fastener + Fixing Technology

 As the automotive industry evolves, vehicle manufacturers need to change gears to stay ahead of the curve. Here, Marcus Schneck, CEO of norelem, discusses how standard components will help solve the issues that are synonymous with new automotive ... [Read More]
2020/01/27

Report: Industrial Fasteners Market At $104b By 2026 | Global Fastener News

 In terms of commodity, the screws segment is anticipated to gain the largest share, with total value at $21.3 billion at a CAGR of 1.6%, according to Transparency Market Research.(...) via Report: Industrial Fasteners Market At $104b By 2026 | ... [Read More]
2020/01/20

China Trade Truce Keeps U.S. Tariffs At 25% For Fasteners And 15% For Nuts | Global Fastener News

 Fasteners are not on the $200 billion list of goods China promised to purchase, leaving the fastener industry to deal with 25% tariffs on bolts, screws and other fasteners (HTS subheadings 7318.11.00 to 7318.29.00) manufactured in China, as well as ... [Read More]
2020/01/16

China’s fastener firms, ‘the rice of industry’, grapple with the nuts and bolts of a slowing economy | South China Morning Post

 Handan city produces more than half of the nuts, bolts and screws used in China’s construction and manufacturing industry Fastener manufacturers are seeking to expand foreign sales to make up for weaker domestic demand as China’s economic ... [Read More]
2019/12/31