The industrial fasteners market is expected to grow from USD 82.08 billion in 2022 to USD 122.90 Billion by 2032, at a CAGR of 4.12% during the forecast period 2023-2032.
Fasteners are made of stainless steel and utilised in different industries to fix, join, or connect two or more objects. They are generally constructed of stainless, alloy, and carbon steel. Industrial fasteners" are high-quality fasteners that are utilised in a broad range of projects & industries, from the auto industry to the marine industry to building projects.
The driving factors of the market growth are the growing demand for industrial fasteners from the automotive industry and the growing construction industry across the globe. Further, technological advancements, rising urbanization and industrialization, and increasing demand for fasteners in the aerospace industry are expected to propel market growth. Additionally, the growing usage of fasteners like Cable ties, Thread lockers, Socket screws, and others for manufacturing automotive parts like moulding, suspension systems, engines, chassis, and wheels, among others, coupled with the rising use of mild fasteners in the manufacturing of automobiles are expected to propel the market growth. The lack of raw materials, like alloys & stainless steel, is restraining the market growth. The rising demand in other application industries like machine & construction manufacturing, industrialization, and urbanization are the opportunity factors for market growth.
This study delivers a comprehensive analysis of the product, raw material, application, and region. The application segment includes internally threaded fasteners, externally threaded fasteners, aerospace-grade fasteners, and non-threaded threaded fasteners. The non-threaded threaded fasteners segment holds the largest market share in 2022 due to the increasing demand for non-threaded fasteners in the construction industry for various applications like decking, subflooring, and roofing. The raw material segment includes plastic fasteners and metal fasteners. The metal fasteners segment held the largest market share in 2022 due to rapid industrialization and the increasing trend of automation in the manufacturing sector. The application segment includes home appliances, building & construction, automotive, industrial machinery, aerospace, lawns and gardens, furniture, plumbing products, motors and pumps, and others. The automotive segment held the largest market share in 2022 due to the high production volumes of automotive vehicles.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America holds the largest market share due to the rising manufacturing of custom fasteners. Additionally, the rapid production of EVs and high consumer demand for plastic industrial fasteners for lightweight automotive parts are expected to drive market growth in this region. The Asia Pacific is projected to grow significantly due to the increasing demand for lawnmowers & compact tractors. Moreover, the increasing scope of the automotive & construction sector is also helping to boost the market growth in this region. Additionally, the automotive sector's rapid development and the rising adoption of fasteners in automotive parts propel market growth in this region.
Some of the notable players in the market are Acument Global Technologies, Inc, Arconic Fastening Systems and Rings, Hilti Corporation, LISI Group - Link Solutions for Industry, Nippon Industrial Fasteners Company (Nifco), MW Industries, Inc., SESCO Industries, Inc., Birmingham Fasteners and Supply, Inc., Dokka Fasteners AS, ATF, Inc, and among others.
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Product
4.3.2. Market Attractiveness Analysis By Raw Material
4.3.3. Market Attractiveness Analysis By Application
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. The growing demand for industrial fasteners from the automotive industry
5.2.2. The growing construction industry across the globe
5.3. Restraints
5.3.1. The lack of raw materials, like alloys & stainless steel
5.4. Opportunities
5.4.1. . The rising demand in other application industries like machine & construction manufacturing, industrialization, and urbanization
6. Global Industrial Fasteners Market Analysis and Forecast, By Product
6.1. Segment Overview
6.2. Internally Threaded Fasteners
6.3. Externally Threaded Fasteners
6.4. Aerospace Grade Fasteners
6.5. Non-threaded Threaded Fasteners
7. Global Industrial Fasteners Market Analysis and Forecast, By Raw Material
7.1. Segment Overview
7.2. Plastic Fasteners
7.3. Metal Fasteners
8. Global Industrial Fasteners Market Analysis and Forecast, By Application
8.1. Segment Overview
8.2. Home Appliances
8.3. Building & Construction
8.4. Automotive
8.5. Industrial Machinery
8.6. Aerospace
8.7. Lawns & Gardens
8.8. Furniture
8.9. Plumbing Products
8.10. Motors & Pumps
8.11. Others
9. Global Industrial Fasteners Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Industrial Fasteners Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Industrial Fasteners Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Acument Global Technologies, Inc
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Arconic Fastening Systems and Rings
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Hilti Corporation
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. LISI Group - Link Solutions for Industry
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Nippon Industrial Fasteners Company (Nifco)
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. MW Industries, Inc.
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. SESCO Industries, Inc.
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Birmingham Fasteners and Supply, Inc.
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Dokka Fasteners AS
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. ATF, Inc.
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
List of Table
1. Global Industrial Fasteners Market, By Product, 2019-2032 (USD Billion)
2. Global Internally Threaded Fasteners, Industrial Fasteners Market, By Region, 2019-2032 (USD Billion)
3. Global Externally Threaded Fasteners, Industrial Fasteners Market, By Region, 2019-2032 (USD Billion)
4. Global Aerospace Grade Fasteners, Industrial Fasteners Market, By Region, 2019-2032 (USD Billion)
5. Global Non-threaded Threaded Fasteners, Industrial Fasteners Market, By Region, 2019-2032 (USD Billion)
6. Global Industrial Fasteners Market, By Raw Material, 2019-2032 (USD Billion)
7. Global Plastic Fasteners, Industrial Fasteners Market, By Region, 2019-2032 (USD Billion)
8. Global Metal Fasteners, Industrial Fasteners Market, By Region, 2019-2032 (USD Billion)
9. Global Industrial Fasteners Market, By Application, 2019-2032 (USD Billion)
10. Global Home Appliances, Industrial Fasteners Market, By Region, 2019-2032 (USD Billion)
11. Global Building & Construction, Industrial Fasteners Market, By Region, 2019-2032 (USD Billion)
12. Global Automotive, Industrial Fasteners Market, By Region, 2019-2032 (USD Billion)
13. Global Industrial Machinery, Industrial Fasteners Market, By Region, 2019-2032 (USD Billion)
14. Global Aerospace, Industrial Fasteners Market, By Region, 2019-2032 (USD Billion)
15. Global Lawns and Gardens, Industrial Fasteners Market, By Region, 2019-2032 (USD Billion)
16. Global Furniture, Industrial Fasteners Market, By Region, 2019-2032 (USD Billion)
17. Global Plumbing Products, Industrial Fasteners Market, By Region, 2019-2032 (USD Billion)
18. Global Motors and Pumps, Industrial Fasteners Market, By Region, 2019-2032 (USD Billion)
19. Global Others, Industrial Fasteners Market, By Region, 2019-2032 (USD Billion)
20. North America Industrial Fasteners Market, By Product, 2019-2032 (USD Billion)
21. North America Industrial Fasteners Market, By Raw Material, 2019-2032 (USD Billion)
22. North America Industrial Fasteners Market, By Application, 2019-2032 (USD Billion)
23. U.S. Industrial Fasteners Market, By Product, 2019-2032 (USD Billion)
24. U.S. Industrial Fasteners Market, By Raw Material, 2019-2032 (USD Billion)
25. U.S. Industrial Fasteners Market, By Application, 2019-2032 (USD Billion)
26. Canada Industrial Fasteners Market, By Product, 2019-2032 (USD Billion)
27. Canada Industrial Fasteners Market, By Raw Material, 2019-2032 (USD Billion)
28. Canada Industrial Fasteners Market, By Application, 2019-2032 (USD Billion)
29. Mexico Industrial Fasteners Market, By Product, 2019-2032 (USD Billion)
30. Mexico Industrial Fasteners Market, By Raw Material, 2019-2032 (USD Billion)
31. Mexico Industrial Fasteners Market, By Application, 2019-2032 (USD Billion)
32. Europe Industrial Fasteners Market, By Product, 2019-2032 (USD Billion)
33. Europe Industrial Fasteners Market, By Raw Material, 2019-2032 (USD Billion)
34. Europe Industrial Fasteners Market, By Application, 2019-2032 (USD Billion)
35. Germany Industrial Fasteners Market, By Product, 2019-2032 (USD Billion)
36. Germany Industrial Fasteners Market, By Raw Material, 2019-2032 (USD Billion)
37. Germany Industrial Fasteners Market, By Application, 2019-2032 (USD Billion)
38. France Industrial Fasteners Market, By Product, 2019-2032 (USD Billion)
39. France Industrial Fasteners Market, By Raw Material, 2019-2032 (USD Billion)
40. France Industrial Fasteners Market, By Application, 2019-2032 (USD Billion)
41. U.K. Industrial Fasteners Market, By Product, 2019-2032 (USD Billion)
42. U.K. Industrial Fasteners Market, By Raw Material, 2019-2032 (USD Billion)
43. U.K. Industrial Fasteners Market, By Application, 2019-2032 (USD Billion)
44. Italy Industrial Fasteners Market, By Product, 2019-2032 (USD Billion)
45. Italy Industrial Fasteners Market, By Raw Material, 2019-2032 (USD Billion)
46. Italy Industrial Fasteners Market, By Application, 2019-2032 (USD Billion)
47. Spain Industrial Fasteners Market, By Product, 2019-2032 (USD Billion)
48. Spain Industrial Fasteners Market, By Raw Material, 2019-2032 (USD Billion)
49. Spain Industrial Fasteners Market, By Application, 2019-2032 (USD Billion)
50. Asia Pacific Industrial Fasteners Market, By Product, 2019-2032 (USD Billion)
51. Asia Pacific Industrial Fasteners Market, By Raw Material, 2019-2032 (USD Billion)
52. Asia Pacific Industrial Fasteners Market, By Application, 2019-2032 (USD Billion)
53. Japan Industrial Fasteners Market, By Product, 2019-2032 (USD Billion)
54. Japan Industrial Fasteners Market, By Raw Material, 2019-2032 (USD Billion)
55. Japan Industrial Fasteners Market, By Application, 2019-2032 (USD Billion)
56. China Industrial Fasteners Market, By Product, 2019-2032 (USD Billion)
57. China Industrial Fasteners Market, By Raw Material, 2019-2032 (USD Billion)
58. China Industrial Fasteners Market, By Application, 2019-2032 (USD Billion)
59. India Industrial Fasteners Market, By Product, 2019-2032 (USD Billion)
60. India Industrial Fasteners Market, By Raw Material, 2019-2032 (USD Billion)
61. India Industrial Fasteners Market, By Application, 2019-2032 (USD Billion)
62. South America Industrial Fasteners Market, By Product, 2019-2032 (USD Billion)
63. South America Industrial Fasteners Market, By Raw Material, 2019-2032 (USD Billion)
64. South America Industrial Fasteners Market, By Application, 2019-2032 (USD Billion)
65. Brazil Industrial Fasteners Market, By Product, 2019-2032 (USD Billion)
66. Brazil Industrial Fasteners Market, By Raw Material, 2019-2032 (USD Billion)
67. Brazil Industrial Fasteners Market, By Application, 2019-2032 (USD Billion)
68. Middle East and Africa Industrial Fasteners Market, By Product, 2019-2032 (USD Billion)
69. Middle East and Africa Industrial Fasteners Market, By Raw Material, 2019-2032 (USD Billion)
70. Middle East and Africa Industrial Fasteners Market, By Application, 2019-2032 (USD Billion)
71. UAE Industrial Fasteners Market, By Product, 2019-2032 (USD Billion)
72. UAE Industrial Fasteners Market, By Raw Material, 2019-2032 (USD Billion)
73. UAE Industrial Fasteners Market, By Application, 2019-2032 (USD Billion)
74. South Africa Industrial Fasteners Market, By Product, 2019-2032 (USD Billion)
75. South Africa Industrial Fasteners Market, By Raw Material, 2019-2032 (USD Billion)
76. South Africa Industrial Fasteners Market, By Application, 2019-2032 (USD Billion)
List of Figures
1. Global Industrial Fasteners Market Segmentation
2. Global Industrial Fasteners Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top- Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Industrial Fasteners Market Attractiveness Analysis By Product
9. Global Industrial Fasteners Market Attractiveness Analysis By Raw Material
10. Global Industrial Fasteners Market Attractiveness Analysis By Application
11. Global Industrial Fasteners Market Attractiveness Analysis By Region
12. Global Industrial Fasteners Market: Dynamics
13. Global Industrial Fasteners Market Share By Product (2023 & 2032)
14. Global Industrial Fasteners Market Share By Raw Material (2023 & 2032)
15. Global Industrial Fasteners Market Share By Application (2023 & 2032)
16. Global Industrial Fasteners Market Share By Regions (2023 & 2032)
17. Global Industrial Fasteners Market Share By Company (2022)
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