United States (USA) Industrial Fasteners Market Overview, 2029

United States (USA) Industrial Fasteners Market Overview, 2029

Industrial fasteners market has been a vital component of the country's manufacturing sector. Industrial fasteners encompass a wide range of products, including bolts, nuts, screws, rivets, and washers, among others, which are used in various industries such as automotive, aerospace, construction, electronics, and machinery. The market size has been substantial, driven by the robust manufacturing sector in the United States. Influenced by factors such as infrastructural development, technological advancements, and the expansion of end-user industries. Automotive and construction sectors are among the largest consumers of industrial fasteners in the United States. The aerospace and electronics industries also contribute significantly to the demand for high-quality fastening solutions. The industry has witnessed continuous innovation in terms of materials used, coatings applied, and manufacturing processes employed to enhance the performance and durability of fasteners. The development of corrosion-resistant coatings and lightweight materials to meet the evolving demands of various industries. It’s highly competitive, with both domestic and international players vying for market share. Key players often differentiate themselves through product quality, reliability, and customer service. The market can be segmented based on product type, material type, end-user industry, and application. The market features a mix of large multinational corporations and smaller regional manufacturers. Major players in the United States industrial fasteners market include Illinois Tool Works Inc., Stanley Black & Decker Inc., Arconic Inc., Precision Castparts Corp., and LISI Group, among others. Industrial fasteners are distributed through various channels, including direct sales to OEMs (Original Equipment Manufacturers), distributors, wholesalers, and retailers. The United States is both a significant producer and consumer of industrial fasteners. Trade dynamics, including imports and exports of fasteners, are influenced by factors such as tariffs, trade agreements, and geopolitical tensions. Expansion into emerging markets and strategic partnerships and acquisitions are also common strategies employed by companies to strengthen their market position.

According to the research report “United States Industrial fasteners Market Overview, 2029,"" published by Bonafide Research, the United States Industrial fasteners market is anticipated to grow at more than 05% CAGR from 2024 to 2029. The development of new materials, manufacturing processes, and technologies has significantly contributed to market growth. Advancements such as the use of high-performance alloys, automated manufacturing systems, and digital tools for design and simulation have enhanced the quality, efficiency, and reliability of industrial fasteners, driving demand from diverse industries. In key sectors such as automotive, aerospace, construction, and electronics has created a strong demand for industrial fasteners. As these industries continue to develop and innovate, they require fastening solutions that offer superior performance, durability, and lightweight characteristics, thereby fueling market growth. Infrastructure development projects, including transportation networks, energy infrastructure, and construction projects, contribute to the demand for industrial fasteners. Trade agreements and partnerships facilitate the exchange of fasteners and related components, driving market development. Innovation in product design, materials, and coatings enables manufacturers to meet the evolving needs of end-users. Developments such as lightweight fasteners for automotive and aerospace applications, corrosion-resistant coatings for harsh environments, and smart fastening solutions with embedded sensors contribute to market development by offering enhanced functionality and performance. Green building initiatives and eco-labeling requirements also contribute to the development of environmentally friendly fasteners.

Industrial fasteners market can be analyzed based on raw materials, specifically focusing on metals and plastic. Metals have been the predominant raw material for industrial fasteners due to their strength, durability, and versatility. Common metals used include steel (carbon steel, stainless steel), aluminum, brass, and copper alloys. Driven by factors such as the expansion of industries like automotive, construction, and machinery manufacturing, which require robust and reliable fastening solutions. Additionally, technological advancements in metallurgy, such as the development of high-strength alloys and corrosion-resistant coatings, contribute to market growth. Plastic fasteners represent a smaller but growing segment of the market, particularly in industries where weight reduction, corrosion resistance, and non-conductivity are essential, such as electronics, aerospace, and automotive. Advancements in polymer science and engineering, leading to the development of high-performance thermoplastics and thermosetting resins with excellent mechanical properties and chemical resistance.

Market can be analyzed based on product segments, specifically focusing on externally threaded, internally threaded, and non-threaded fasteners. Externally threaded fasteners, such as bolts and screws, have threads on the exterior surface, allowing them to be inserted into pre-threaded holes or nuts for assembly. The market analysis for externally threaded fasteners typically involves factors such as demand from industries like construction, automotive, aerospace, and machinery. It also considers aspects like material preferences (e.g., steel, stainless steel, aluminum, etc.), coating technologies (e.g., zinc plating, galvanization, etc.), and standardization (e.g., ANSI, DIN, ISO standards). Segment includes products like rivets, pins, clips, and dowels, which do not rely on threads for fastening. Instead, they often use friction, deformation, or expansion to secure components together. Market analysis for non-threaded fasteners involves evaluating demand from industries such as automotive, aerospace, electronics, and consumer goods. Factors such as material properties, installation methods, and compatibility with different materials (e.g., metal, plastic, composite) are essential considerations in this segment. In order to guarantee the airworthiness and safety of aircraft and aerospace systems, adherence to regulatory requirements and safety standards is essential. U.S. suppliers of aerospace-grade fasteners are subject to strict aviation laws and quality requirements.

Application intersects with the different product segments in the fastener market, every one of the three product categories is essential to the automobile industry. Fasteners with external threads are frequently employed in the assembly of parts like as engines, chassis, and body panels. Fasteners with internal threads, including nuts and inserts, are essential for joining different components. Non-threaded fasteners, like as rivets and clips, are used in panel attachment, trim assembly, and structural bonding in automobiles. Fasteners with exceptional strength, dependability, and lightweight characteristics are required for aerospace applications. When assembling an airplane, externally threaded fasteners are used to secure vital elements including the wings, fuselage, and engine sections. For structural joints and fastening systems in airplanes, internally threaded fasteners are necessary. In the aerospace industry, non-threaded fasteners such as rivets and pins are also widely used to attach aluminum structures and composite materials. Fasteners are essential to the construction industry because of their strength, longevity, and simplicity of installation. In construction, externally threaded fasteners are widely used for structural applications such as framing, decking, and roofing. Steel beams, columns and other structural elements are connected with the help of internally threaded fasteners. Various building materials, such as metal, concrete, and wood, must be secured with non-threaded fasteners such bolts, anchors, and nails. In order to assemble and maintain industrial machinery, fasteners are essential parts. For attaching machine parts, frames, and enclosures, externally threaded fasteners are utilized. Attaching components and offering changeable connections are two functions of internally threaded fasteners. In order to align, position, and secure moving parts within Fasteners are employed in the manufacturing and assembly of household appliances for securing panels, handles, and internal components. Equipment, non-threaded fasteners such as dowel pins and retaining rings are used. Fasteners are essential in plumbing applications for securing pipes, fittings, and fixtures.
Considered in this report
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

Aspects covered in this report
• Industrial Fastener market Outlook with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By raw material
• Metal
• plastic

By Product
• Externally Threaded
• internally threaded
• Non Threaded
• aerospace Grade Fastener

By Application
• Automotive
• Aerospace
• Building & Construction
• Industrial Machinery
• Home Appliances
• Plumbing products
• Others

The approach of the report:
This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Industrial fastener industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.