British Fasteners income compared to 2011 increased by 5.5% year-on-year

According to IBISWorld market research report, the global fastener market size of more than 50 billion U.S. dollars. It is understood that the British fastener manufacturers locked in a high value-added sectors, but smaller local industry in the United Kingdom, the main operating subsidiary of the foreign-funded enterprises.

Expected during the period 2011-2012, the United Kingdom fasteners and screw machinery products manufacturing industry revenue will reach 498 million euros, representing an increase of 3.4% over 2010-2011. Domestic fasteners and screw machinery products in the UK market size for the period 2011-2012 will reach 862 million euros, a year-on-year rise of 5.5%.

British fasteners and screw machinery products manufacturers tend to close to the main customer base, such as automotive and aerospace manufacturing industry. In addition, the historical reasons that may affect the manufacturer's site. For example, a manufacturer of steel containers might have been the company built in the vicinity of his home. British fasteners and related industries are mainly concentrated in the West Midlands region, the region accounted for 39% of the total number of British fasteners and screw machined products manufacturer. The region is a considerable scale manufacturing base, mainly in the automotive industry.