Industry Analysis & Industry Trends
Fasteners are important components in many products and structures. UK manufacturers typically target niche high-value segments, such as the aerospace and automotive sectors. The domestic industry is small in comparison with the global market, which is estimated to be worth over £50 billion. The largest UK companies are subsidiaries of foreign-owned global companies.
The industry expanded at a robust pace over the past five years. Although industrial production activity remained relatively stagnant, the more technologically advanced manufacturing industries performed well due to beneficial operating conditions... purchase to read more
Industry Report - Industry Locations Chapter
Businesses in the industry tend to operate near major customer bases, such as automotive and aerospace manufacturers. Historical factors can also influence the location of a manufacturing facility. For instance, the founder of a steel container business may have placed the company in the region where they lived.
The West Midlands
The major region in this industry is the West Midlands, which accounts for 41.4% of all establishments in Britain. The West Midlands has a large manufacturing base, including a significant automotive sector. It also has good transportation links. Many of this industry's key players are located in the West Midlands, including Lone Star PRD Group Ltd.
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