The global fastener market size of over 50 billion U.S. dollars. British fasteners manufacturers locked in the field of high value-added, but the smaller British local industry, the main operators is a subsidiary of foreign-funded enterprises.
Expected period of 2011-2012, the United Kingdom of fasteners and screw machine products manufacturing income will reach 498 million euros, an increase of 3.4% compared with 2010-2011. The period 2011-2012 the size of the UK fasteners and screw machine products market will reach 862 million euros, up 5.5 percent.
British fasteners and screw machine products manufacturers tend to close the main customer base, such as automotive and aerospace manufacturing. In addition, for historical reasons also may affect the manufacturer's site. For example, a manufacturer of steel containers may have been built in his home nearby. British fasteners and related industries are mainly concentrated in the West Midlands region, the region accounted for 39% of the total number of UK manufacturers of fasteners and screw machine products. The area is a considerable scale in the UK manufacturing base, mainly in the automotive industry.