Global Industrial Fasteners Market 2024

Global Industrial Fasteners Market 2024

Industrial fasteners are critical components that play a vital role in securely joining and assembling various materials and components in a wide range of industries and applications. Their reliability, durability, and performance are essential for ensuring the safety, integrity, and longevity of structures, products, and systems across the industrial landscape.

The global industrial fasteners market size is projected to grow by USD 31.7 billion from 2024 to 2030, registering a CAGR of 4.9 percent, according to the latest market data. Fasteners such as bolts, screws, nuts, and anchors are essential components in construction projects, including residential, commercial, and infrastructure development. As urbanization and population growth continue worldwide, there is increasing demand for fasteners to support building construction, renovation, and infrastructure projects.

The automotive and aerospace industries are major consumers of industrial fasteners for vehicle assembly, aircraft manufacturing, and maintenance. With the rise in automotive production, including electric vehicles and lightweight vehicles, there is a growing need for high-performance fasteners that offer strength, reliability, and corrosion resistance. Similarly, the aerospace sector requires fasteners that meet stringent performance standards for aircraft assembly and maintenance.

This comprehensive industry report provides market estimates and forecasts, accompanied by a detailed examination of the material, product, product, distribution channel, end user, and region aspects. It delivers a quantitative analysis of the market, empowering stakeholders to leverage existing market opportunities. Furthermore, the report identifies key segments for potential opportunities and strategies, drawing insights from market trends and the approaches of leading competitors.

The global baby bottle market has been extensively analyzed by categorizing it according to various sub-segments in order to provide accurate forecasts of industry size and assess trends within specific areas.

The global market for industrial fasteners can be segmented by material: metal, non-metal. The metal segment held the largest revenue share in 2023, accounting for more than 88.6% of the total market.

Industrial fasteners market is further segmented by product: aerospace grade, externally threaded, internally threaded, nonthreaded, specialty. Among these, the externally threaded segment was accounted for the highest revenue generator in 2023.

Based on product, the industrial fasteners market is segmented into: bolts, nuts, screws, washers, others.

On the basis of distribution channel, the industrial fasteners market also can be divided into: offline, online.

Industrial fasteners market by end user is categorized into: automotive, aerospace, construction, machinery, consumer appliances, furniture, others. The automotive segment held the largest revenue share in 2023.

The industrial fasteners market by region can be segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Among these, Asia-Pacific was accounted for the highest revenue generator in 2023.

The report has also analyzed the competitive landscape of the global industrial fasteners market with some of the key players being A.Agrati, S.p.A., Adolf Wurth GmbH & Co. KG, Aoyama Seisakusho Co., Ltd., Arconic Corporation, Berkshire Hathaway, Inc. (Marmon Holdings, Inc., Precision Castparts Corp.), Bulten GmbH, CBC Fasteners (Pty) Ltd., Deepak Fasteners Limited, EJOT Holding GmbH & Co. KG, FONTANA LUIGI S.p.A., Fuserashi Co., Ltd., Gem-Year Industrial Co., Ltd., Hilti Corporation, Howmet Aerospace Inc., Illinois Tool Works, Inc., KAMAX Holding GmbH & Co. KG, LISI Aerospace SAS, MacLean-Fogg Company, MEIDOH Co., Ltd., Nifco Inc., Raygroup SASU (ARaymond), Saga Tekkohsho Co., Ltd., SFS Intec AG, Shanghai Prime Machinery Co., Ltd. (PMC), Stanley Black & Decker, Inc., Taeyang Metal Industrial Co., Ltd., Tong Hwei Enterprise Co., Ltd., Wilhelm Bollhoff GmbH & Co. KG, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.

Why Choose This Report

Gain a reliable outlook of the global industrial fasteners market forecasts from 2024 to 2030 across scenarios.

Identify growth segments for investment.

Stay ahead of competitors through company profiles and market data.

The market estimate for ease of analysis across scenarios in Excel format.

Strategy consulting and research support for three months.

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Market Segments Covered in Global Industrial Fasteners Industry Analysis:

i.) Material

• Metal
• Non-metal

ii.) Product

• Aerospace grade
• Externally threaded
• Internally threaded
• Nonthreaded
• Specialty

iii.) Product

• Bolts
• Nuts
• Screws
• Washers
• Others

iv.) Distribution channel

• Offline
• Online

v.) End user

• Automotive
• Aerospace
• Construction
• Machinery
• Consumer appliances
• Furniture
• Others

vi.) Region

• North America
• Europe
• Asia-Pacific
• MEA (Middle East and Africa)
• Latin America