The growth of the North American industrial fastener market is surging and is expected to exceed U.S. $23 billion by 2028. This is primarily owing to the growth of end-user industries such as manufacturing, automotive, and construction, among others, according to Mordor Intelligence.
In fact, the United States is the largest market for Taiwan’s fasteners, accounting for more than 45.75% of the country’s exports.
To this end, the Taiwan External Trade Development Council (TAITRA) will be hosting, “Bolting into the Future, a fastener showcase at the year’s International Fastener Expo 2023 (IFE), happening next week.
The showcase will take place on October 9th at Mandalay Bay Convention Center in Las Vegas, Tradewinds Room C.
“As a world-class major global supplier of fasteners and fixtures, Taiwan accounts for a majority of the world’s fastener products,” said Bran Chiu, project manager, TAITRA. “With over 1,500 fastener companies employing over 30,000 people, we take pride in providing a wide range of products ranging from standard bolts and screws to intricate, custom-made fasteners for high-tech applications.”
The showcase provides insights and trends on the fastener industry in Taiwan and its impact on the U.S. market, including advancements from major Taiwanese companies. For instance, Wai Tai Industrial is one of the top producers of standard and special screws, and MAO CHUAN is a pioneer in metal stamping technology known for its high-quality parts.
In addition, TAITRA will provide information on upcoming fastener trade shows such as Fastener Taiwan, Taiwan International Tools & Hardware Expo, and Taiwan Hardware Show.
The showcase will take place on October 9th, 2023 from 2:00 – 3:00pm at the Mandalay Bay Convention Center, Tradewinds Room C. The event will feature presentations, refreshments, and networking opportunities with industry professionals.
The first 30 registered attendees will receive a free $25 Amazon gift card. Interested industry professionals and media representatives are encouraged to register in advance here.