Global Industrial Fasteners

Global Industrial Fasteners

Global demand for industrial fasteners is forecast to increase 3.7% per year to $91.3 billion in 2023. Growth will be driven by rising manufacturing of durable goods like motor vehicles, machinery, and fabricated metal products.

The report covers industrial fastener demand by product, market, and region. Demand is presented in US dollars.

Among the products covered in this study are:
Standard-grade externally threaded fasteners
Standard-grade internally threaded fasteners
Standard-grade nonthreaded fasteners
Application-specific standard-grade fasteners
Aerospace-grade fasteners

Markets for industrial fasteners include:
OEM motor vehicles
OEM machinery
OEM fabricated metal products
OEM electronic equipment
OEM electrical equipment
OEM aerospace equipment
Other durable goods manufacturing
Maintenance and repair operations
Construction

Demand by is presented for 19 countries in the following regions:
North America
Central and South America
Western Europe
Eastern Europe
Asia/Pacific
Africa/Mideast

Scope of the Report
This report covers the scope, size, and growth of the global industrial fastener market, including key trends in products, markets, and regions. Historical data are provided for 2008, 2013, and 2018 for demand, production, and net exports, with forecasts for 2023. Historical market volatility is also addressed. Data are provided in US dollars. Demand totals at the country level are also presented in local currency terms. Also included is an analysis of key industry players and their global market shares.