Asia Pacific Industrial Fasteners Market Size, Share & Trends Analysis Report By Product (Externally Threaded, Aerospace Grade), By Raw Material, By Application, By Country, And Segment Forecasts, 2025 - 2030
Asia Pacific Industrial Fasteners Market Size, Share & Trends Analysis Report By Product (Externally Threaded, Aerospace Grade), By Raw Material, By Application, By Country, And Segment Forecasts, 2025 - 2030
Asia Pacific Industrial Fasteners Market Growth & Trends
The Asia Pacific industrial fasteners market size is expected to reach USD 63.5 billion by 2030, according to a new report by Grand View Research, Inc., registering a CAGR 6.3% from 2025 to 2030. Rising product demand as an integral bonding component for manufacturing vehicles, home appliances, industrial machinery, and aerospace structures is likely to drive industry growth.
China has emerged as the largest producer and exporter of industrial fasteners in the region on account of presence of numerous small and medium scale players. Industry players are investing in R&D and production of plastic and specialty fasteners in order to cater to application-specific demand by end users and to sustain in the highly competitive market.
The industry is characterized by long-term contracts between manufacturers and OEMs. The players quote product pricing based on purchase volume and duration of contract with users. Fluctuating metal and plastic prices, coupled with intense competition in terms of product costs, is expected to hamper profit margins of industry players.
Metal fasteners are likely to face a challenge in terms of penetration, especially in the automotive sector, owing to rising demand for lightweight alternatives including plastic fasteners, adhesives, and sealants by OEMs. However, demand for high-grade products including titanium and brass, which offer excellent performance under vibration and high impact, is expected to grow.
Asia Pacific Industrial Fasteners Market Report Highlights
The metal industrial fasteners segment accounted for 88.2% of the total revenue generated in 2024 due to their superior strength, durability, and versatility.
The externally threaded fasteners dominated the Asia Pacific industrial fasteners market in 2024.
The automotive segment contributed the largest share of the total revenue in 2024 attributed to the continuous growth in automotive production and the increasing demand for high-quality fasteners in vehicle assembly.
China held the largest revenue share in the Asia Pacific industrial fasteners market in 2024 attributed to China's extensive manufacturing base, rapid urbanization, and significant investments in infrastructure projects.
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