The Industrial Fasteners Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Industrial Fasteners Market?
The Industrial Fasteners market has seen significant growth in recent years. The market size increased from $94.44 billion in 2024 and is projected to reach $100.03 billion in 2025. The compounding yearly growth rate (CAGR) during this period is expected to be 5.9%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Industrial Fasteners Industry?
The market size for industrial fasteners is forecasted to reach $128.2 billion in 2029, with a compound annual growth rate (CAGR) of 6.4%.
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What are the Key Growth Drivers Fueling the Industrial Fasteners Market?
The key drivers in the industrial fasteners market are:
• The rising number of renewable energy projects
• The impact of e-commerce on the distribution of industrial fasteners
• The increasing demand for sustainable fastener solutions
• The shift towards lightweight materials in automotive industries
Global Market Segmentation: Identifying Major Industrial Fasteners Industry Segments
The industrial fasteners market covered in this report is segmented –
1) By Type: Externally Threaded, Internally Threaded, Non-Threaded, Aerospace Grade
2) By Raw Material: Metal, Plastic
3) By Application: Automotive, Aerospace, Construction, Industrial Machinery, Plumbing Products, Other Applications
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What are the Emerging Trends Shaping the Future of the Industrial Fasteners Market?
The key trends in the industrial fasteners market are:
• high-performance materials are becoming a notable trend in the industrial fasteners market.
• Digitalization and integration with Industry 4.0 is shaping the future of the market.
• There is an emerging trend of customization and specialty fasteners.
• Technological integration in fastener design and digitalization of inventory management is significantly influencing the market.
Who Are the Top Competitors & Leading Players in the Industrial Fasteners Market?
Major companies in the industrial fasteners market are:
• Arconic Corporation
• Acument Global Technologies Inc.
• Dokka Fasteners AS
• LISI Group
• Nippon Industrial Fasteners Company (Nifco) Inc.
• Hilti Corporation
• MW Industries Inc.
• Stanley Black & Decker Inc.
• ATF Inc.
• Birmingham Fastener Inc.
• Sesco Industries Inc.
• Brunner Manufacturing Co. Inc.
• Illinois Tool Works Inc.
• American Fastener Technologies Corporation
• KD Fasteners Inc.
• Nifco Inc.
• Extreme Bolt & Fastener
• Ford Fasteners Inc.
• Impala Bolt & Nut
• Elgin Fastener Group LLC
• Rockford Fastener Inc.
• Slidematic Precision Components Inc.
• Manufacturing Associates Inc.
• Penn Engineering & Manufacturing Corp.
• Delta Fastener Corp.
• MacLean-Fogg Company
• MISUMI Group Inc.
• Precision Castparts Corp.
• SFS Group
• Eurofast Global Ltd.
Regional Dominance: Which Area Leads the Global Template Market?
Asia-Pacific was the largest region in the industrial fasteners market in 2024
