Industrial Fasteners Market: Size, Share, Trends & Forecast (2024-2029)

The market report offers a detailed analysis segmented by Raw Materials (Metal, Plastic); by Application (Automotive, Aerospace, Building & Construction, Industrial Machinery, Home Appliances, Plumbing Products, Others); by Geography (North America, South America, Asia Pacific, Europe, The Middle East, Africa).

Outlook 

• The industrial fasteners market is estimated to be at USD 91.71 Bn in 2025 and is anticipated to reach USD 114.97 Bn in 2030. 

• The industrial fasteners market is registering a CAGR of 4.62% during the forecast period 2025-2030. 

• The global industrial fasteners market encompasses a broad range of mechanical devices that are used to join or fasten two or more objects together. They play a critical role in industries such as automotive, construction, aerospace, machinery, and electronics. 

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Ecosystem 

• The participants in the global industrial fasteners industry are leaders in innovation, offering a broad range of fastener solutions tailored to various industries. 

• These companies primarily focus on sustainability, driving companies to adopt eco-friendly manufacturing processes, including recycled materials, along with strategic mergers and acquisitions to maintain a competitive edge in the market. 

• Several important entities in the industrial fasteners market include Acument Global Technologies, Inc.; Nifco Inc.; Hilti AG; Stanley Black & Decker, Inc.; MacLean-Fogg Co.; and others. 

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Findings 

Attributes	Values
Historical Period	2019-2023
Base Year	2024
Forecast Period	2025-2030
Market Size (2025)	USD 91.71 Bn
Market Size (2030)	USD 114.97 Bn
Growth Rate	4.62% CAGR from 2025 to 2030
Key Segments	Raw Materials (Metal, Plastic); Application (Automotive, Aerospace, Building & Construction, Industrial Machinery, Home Appliances, Plumbing Products, Others); Geography (North America, South America, Asia Pacific, Europe, The Middle East, Africa)
Key Vendors	Acument Global Technologies, Inc.; Nifco Inc.; Hilti AG; Stanley Black & Decker, Inc.; MacLean-Fogg Co.
Key Countries	The US; Canada; Mexico; Brazil; Argentina; China; India; Japan; South Korea; The UK; Germany; Italy; UAE; Turkey; Saudi Arabia; South Africa
Largest Market	Asia Pacific

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Trends  

• Adoption of Lightweight Fasteners: Industries like automotive and aerospace are increasingly focusing on lightweight fasteners made from advanced materials like titanium, aluminum, and plastic composites. This trend is driven by the need to reduce the overall weight of vehicles and aircraft to improve fuel efficiency and reduce emissions without compromising on performance or safety. For example, in 2023, Boeing announced a new line of titanium fasteners for use in its next-generation aircraft to help improve fuel efficiency. 

• Shift to Corrosion-Resistant Materials: There is growing demand for corrosion-resistant fasteners in applications where exposure to harsh environments is common, such as marine, construction, and chemical industries. Materials such as stainless steel and zinc-coated fasteners are being widely adopted to extend the life span of machinery and infrastructure components. 

• Green Manufacturing: As sustainability becomes a key focus across industries, manufacturers are seeking to produce fasteners with minimal environmental impact. This includes the adoption of eco-friendly coatings, use of recycled materials, and energy-efficient production processes. In 2022, Bossard launched a range of sustainable fasteners made from recycled steel to support green manufacturing initiatives. 

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Catalysts 

• Expanding Infrastructure Projects: Increasing investments in infrastructure projects, especially in emerging economies, are driving the demand for industrial fasteners in construction applications. Fasteners are essential in building frameworks, machinery, and structural components in both residential and commercial construction. In 2022, L&T Construction reported a rise in demand for heavy-duty fasteners due to the surge in large-scale infrastructure projects in India. 

• Rising Demand for Industrial Machinery: As industries such as manufacturing, oil and gas, and mining expand, so does the demand for industrial machinery, which requires durable and reliable fasteners. Fasteners are crucial in the assembly of heavy machinery, pumps, compressors, and turbines, supporting various industrial processes. 

• Growing Automotive Industry: The global automotive sector continues to be a major consumer of industrial fasteners, particularly with the rising demand for electric vehicles (EVs). Fasteners are critical components in automotive manufacturing, from engine assembly to chassis construction, and the ongoing shift toward lighter, more energy-efficient vehicles is driving demand for advanced fastening solutions. 

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Restraints 

• Fluctuations in Raw Material Prices: The industrial fastener market is highly dependent on raw materials like steel, aluminum, and titanium. Volatility in the prices of these materials due to global supply chain disruptions, geopolitical issues, or market fluctuations poses a significant challenge for manufacturers, impacting their profit margins. In 2022, rising steel prices due to supply chain disruptions affected the profitability of Fastenal, which led the company to adjust pricing strategies to manage costs. 

• Stringent Quality and Safety Standards: Industries like aerospace, defense, and automotive have stringent quality and safety standards that fasteners must meet. Ensuring compliance with these regulations can increase production costs and complicate the manufacturing process. Non-compliance or quality failures can lead to costly recalls and damage to brand reputation. 

• Environmental Sustainability Pressure: There is growing pressure on industrial fastener manufacturers to adopt sustainable practices, such as using recycled materials or reducing carbon emissions during production. This shift requires companies to invest heavily in eco-friendly technologies and meet environmental compliance standards. Failing to do so can lead to penalties and a loss of business, especially from clients with strict sustainability requirements. 

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Table of Contents 

1.       Introduction         1.1.    Research Methodology         1.2.    Scope of the Study  2.       Market Overview / Executive Summary         2.1.    Global Industrial Fasteners Market (2019 – 2023)         2.2.    Global Industrial Fasteners Market (2024 – 2030)  3.       Market Segmentation         3.1.    Global Industrial Fasteners Market by Raw Materials                3.1.1.    Metal                3.1.2.    Plastic         3.2.    Global Industrial Fasteners Market by Application                3.2.1.    Automotive                3.2.2.    Aerospace                3.2.3.    Building & Construction                3.2.4.    Industrial Machinery                3.2.5.    Home Appliances                3.2.6.    Plumbing Products                3.2.7.    Others  4.       Regional Segmentation         4.1.    North America                4.1.1.    The US                4.1.2.    Canada                4.1.3.    Mexico         4.2.    South America                4.2.1.    Brazil                4.2.2.    Argentina                4.2.3.    Rest of South America         4.3.    Asia Pacific                4.3.1.    China                4.3.2.    India                4.3.3.    Japan                4.3.4.    South Korea                4.3.5.    Rest of Asia Pacific         4.4.    Europe                4.4.1.    The UK                 4.4.2.    Germany                4.4.3.    Italy                4.4.4.    Rest of Europe         4.5.    The Middle East                4.5.1.    Turkey                4.5.2.    Saudi Arabia                4.5.3.    UAE                4.5.4.    Rest of the Middle East         4.6.    Africa                4.6.1.    South Africa                4.6.2.    Rest of Africa  5.       Value Chain Analysis of the Global Industrial Fasteners Market  6.       Porter Five Forces Analysis         6.1.    Threats of New Entrants         6.2.    Threats of Substitutes         6.3.    Bargaining Power of Buyers         6.4.    Bargaining Power of Suppliers         6.5.    Competition in the Industry  7.       Trends, Drivers and Challenges Analysis         7.1.    Market Trends         7.1.1.    Market Trend 1         7.1.2.    Market Trend 2         7.1.3.    Market Trend 3         7.2.    Market Drivers         7.2.1.    Market Driver 1         7.2.2.    Market Driver 2         7.2.3.    Market Driver 3         7.3.    Market Challenges         7.3.1.    Market Challenge 1         7.3.2.    Market Challenge 2         7.3.3.    Market Challenge 3  8.       Opportunities Analysis         8.1.    Market Opportunity 1         8.2.    Market Opportunity 2         8.3.    Market Opportunity 3  9.       Competitive Landscape         9.1.    Acument Global Technologies, Inc.         9.2.    Nifco Inc.         9.3.    Hilti AG         9.4.    Stanley Black & Decker, Inc.         9.5.    MacLean-Fogg Co.         9.6.    Company 6         9.7.    Company 7         9.8.    Company 8         9.9.    Company 9         9.10.  Company 10

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Industrial Fasteners Market – FAQs 

1.  What is the current size of the industrial fasteners market? 

Ans. In 2025, the industrial fasteners market size is USD 91.71 Bn. 

2.  Who are the major vendors in the industrial fasteners market?  

Ans. The major vendors in the industrial fasteners market are Acument Global Technologies, Inc.; Nifco Inc.; Hilti AG; Stanley Black & Decker, Inc.; MacLean-Fogg Co. 

3.  Which segments are covered under the industrial fasteners market segments analysis?  

Ans. The industrial fasteners market report offers in-depth insights into Raw Materials, Application, and Geography.