April 20, 2024

Industrial Fasteners Market Size to Garner USD 153 Billion by 2032

The global industrial fasteners market size was estimated to be around US$ 94.2 billion in 2022. It is projected to reach US$ 153 billion by 2032, indicating a  CAGR of 4.97% from 2023 to 2032.

Industrial Fasteners Market Size 2023 To 2032

Key Takeaways:

  • Asia Pacific dominated the market and contributed more than 44% of revenue share in 2022.
  • North America region generated more than 25% of revenue share in 2022.
  • By raw materials, the metal fasteners segment dominated the market with the largest market share of 92.50% in 2022.
  • By raw materials, the plastic fasteners segment is expected to expand at a fastest CAGR of 5.73% between 2023 and 2032.
  • By product, the externally threaded fasteners segment dominated the market with the largest revenue share of 49% in 2022.
  • By product, the non-thread fasteners segment is estimated to grow at 4.5% between 2023 and 2032.
  • By application, the automotive segment accounted for the largest market share of 32% in 2022.

The market research report on the Industrial fasteners market provides a comprehensive analysis of various key aspects. It includes the definition, classification, and application of Industrial fasteners products. The report examines the development trends, competitive landscape, and industrial chain structure within the industry. Furthermore, it presents an overview of the industry, analyzes national policies and planning, and offers insights into the latest market dynamics and opportunities at a global level.

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Industrial Fasteners Market Report Scope

Report Coverage Details
Market Size in 2023 USD 98.88 Billion
Market Size by 2032 USD 153 Billion
Growth Rate from 2023 to 2032 CAGR of 4.97%
Largest Market Asia Pacific
Base Year 2022
Forecast Period 2023 to 2032
Segments Covered By Raw Material, By Product, and By Application
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Read More: Generative AI in Industrial Design Market Size to Garner USD 1,483.36 Million by 2032

The report presents the volume and value-based market size for the base year 2022 and forecasts the market’s growth between 2023 and 2032. It estimates market numbers based on product form and application, providing size and forecast for each application segment in both global and regional markets.

Focusing on the global Industrial fasteners market, the report highlights its status, future forecasts, growth opportunities, key market players, and key market regions such as the United States, Europe, and China. The study aims to present the development of the Industrial fasteners market by considering factors like Year-on-Year (Y-o-Y) growth, in addition to Compound Annual Growth Rate (CAGR). This approach enables a better understanding of market certainty and the identification of lucrative opportunities.

Regarding production, the report investigates the capacity, production, value, ex-factory price, growth rate, and market share of major manufacturers, regions, and product types. On the consumption side, the report focuses on the regional consumption of Industrial fasteners products across different countries and applications.

Buyers of the report gain access to verified market figures, including global market size in terms of revenue and volume. The report provides reliable estimations and calculations for global revenue and volume by product type from 2023 to 2032. It also includes accurate figures for production capacity and production by region during the same period.

The research includes product parameters, production processes, cost structures, and data classified by region, technology, and application. Furthermore, it conducts SWOT analysis and investment feasibility studies for new projects.

This in-depth research report offers valuable insights into the Industrial fasteners market. It employs an objective and fair approach to analyze industry trends, supporting customer competition analysis, development planning, and investment decision-making. The project received support and assistance from technicians and marketing personnel across various links in the industry chain.

The competitive landscape section of the report provides detailed information on Industrial fasteners market competitors. It includes company overviews, financials, revenue generation, market potential, research and development investments, new market initiatives, global presence, production sites, production capacities, strengths and weaknesses, product launches, product range, and application dominance. However, the data points provided only focus on the companies’ activities related to the Industrial fasteners market.

Prominent players in the market are expected to face tough competition from new entrants. Key players are targeting acquisitions of startup companies to maintain their dominance. The report

Reasons to Purchase this Report:

  • Comprehensive market segmentation analysis incorporating qualitative and quantitative research, considering the impact of economic and policy factors.
  • In-depth regional and country-level analysis, examining the demand and supply dynamics that influence market growth.
  • Market size in USD million and volume in million units provided for each segment and sub-segment.
  • Detailed competitive landscape, including market share of major players, recent projects, and strategies implemented over the past five years.
  • Comprehensive company profiles encompassing product offerings, key financial information, recent developments, SWOT analysis, and employed strategies by major market players.

Key Players & Market Share

The global market for industrial fasteners is characterized by fragmentation and intense competition, comprising both large-scale and small-scale manufacturers primarily located in China, Taiwan, Thailand, and Japan. Among the notable players in this industry are Arconic Fastening Systems and Rings, Acument Global Technologies, Inc, ATF, Inc., Dokka Fasteners A S, and LISI Group – Link Solutions for Industry.

The emergence of a growing demand for innovative and application-specific industrial fastener designs is expected to create opportunities for new entrants. However, the market also faces challenges due to increasing raw material prices and the dominant presence of established players engaged in high-volume production, which may act as significant barriers for new competitors during the forecast period. Established fastener manufacturers with technological expertise and an established buyer base are likely to maintain a competitive advantage over smaller-scale players.

Key Players

  • Arconic Fastening Systems and Rings
  • Acument Global Technologies, In
  • ATF, Inc.
  • Dokka Fasteners A S
  • LISI Group – Link Solutions for Industry
  • Nippon Industrial Fasteners Company (Nifco)
  • Hilti Corporation
  • MW Industries, Inc.
  • Birmingham Fasteners and Supply, Inc.
  • SESCO Industries, Inc.

Industrial Fasteners Market Segmentations

By Raw Material

  • Metal Fasteners
  • Plastic Fasteners

By Product

  • Externally Threaded Fasteners
  • Internally Threaded Fasteners
  • Non-threaded Threaded Fasteners
  • Aerospace Grade Fasteners

By Application

  • Automotive
  • Aerospace
  • Building & Construction
  • Industrial Machinery
  • Home Appliances
  • Lawns And Gardens
  • Motors And Pumps
  • Furniture
  • Plumbing Products
  • Others

By Geography

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

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Industrial Fasteners Market 

5.1. COVID-19 Landscape: Industrial Fasteners Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Industrial Fasteners Market, By Raw Material

8.1. Industrial Fasteners Market Revenue and Volume, by Raw Material, 2023-2032

8.1.1 Metal Fasteners

8.1.1.1. Market Revenue and Volume Forecast (2020-2032)

8.1.2. Plastic Fasteners

8.1.2.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 9. Global Industrial Fasteners Market, By Product

9.1. Industrial Fasteners Market Revenue and Volume, by Product, 2023-2032

9.1.1. Externally Threaded Fasteners

9.1.1.1. Market Revenue and Volume Forecast (2020-2032)

9.1.2. Internally Threaded Fasteners

9.1.2.1. Market Revenue and Volume Forecast (2020-2032)

9.1.3. Non-threaded Threaded Fasteners

9.1.3.1. Market Revenue and Volume Forecast (2020-2032)

9.1.4. Aerospace Grade Fasteners

9.1.4.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 10. Global Industrial Fasteners Market, By Application 

10.1. Industrial Fasteners Market Revenue and Volume, by Application, 2023-2032

10.1.1. Automotive

10.1.1.1. Market Revenue and Volume Forecast (2020-2032)

10.1.2. Aerospace

10.1.2.1. Market Revenue and Volume Forecast (2020-2032)

10.1.3. Building & Construction

10.1.3.1. Market Revenue and Volume Forecast (2020-2032)

10.1.4. Industrial Machinery

10.1.4.1. Market Revenue and Volume Forecast (2020-2032)

10.1.5. Home Appliances

10.1.5.1. Market Revenue and Volume Forecast (2020-2032)

10.1.6. Lawns And Gardens

10.1.6.1. Market Revenue and Volume Forecast (2020-2032)

10.1.7. Motors And Pumps

10.1.7.1. Market Revenue and Volume Forecast (2020-2032)

10.1.8. Furniture

10.1.8.1. Market Revenue and Volume Forecast (2020-2032)

10.1.9. Plumbing Products

10.1.9.1. Market Revenue and Volume Forecast (2020-2032)

10.1.10. Others

10.1.10.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 11. Global Industrial Fasteners Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)

11.1.2. Market Revenue and Volume Forecast, by Product (2020-2032)

11.1.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.1.4. U.S.

11.1.4.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)

11.1.4.2. Market Revenue and Volume Forecast, by Product (2020-2032)

11.1.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)

11.1.5.2. Market Revenue and Volume Forecast, by Product (2020-2032)

11.1.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2. Europe

11.2.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)

11.2.2. Market Revenue and Volume Forecast, by Product (2020-2032)

11.2.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.4. UK

11.2.4.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)

11.2.4.2. Market Revenue and Volume Forecast, by Product (2020-2032)

11.2.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.5. Germany

11.2.5.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)

11.2.5.2. Market Revenue and Volume Forecast, by Product (2020-2032)

11.2.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.6. France

11.2.6.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)

11.2.6.2. Market Revenue and Volume Forecast, by Product (2020-2032)

11.2.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)

11.2.7.2. Market Revenue and Volume Forecast, by Product (2020-2032)

11.2.7.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3. APAC

11.3.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)

11.3.2. Market Revenue and Volume Forecast, by Product (2020-2032)

11.3.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.4. India

11.3.4.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)

11.3.4.2. Market Revenue and Volume Forecast, by Product (2020-2032)

11.3.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.5. China

11.3.5.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)

11.3.5.2. Market Revenue and Volume Forecast, by Product (2020-2032)

11.3.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.6. Japan

11.3.6.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)

11.3.6.2. Market Revenue and Volume Forecast, by Product (2020-2032)

11.3.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)

11.3.7.2. Market Revenue and Volume Forecast, by Product (2020-2032)

11.3.7.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4. MEA

11.4.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)

11.4.2. Market Revenue and Volume Forecast, by Product (2020-2032)

11.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.4. GCC

11.4.4.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)

11.4.4.2. Market Revenue and Volume Forecast, by Product (2020-2032)

11.4.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.5. North Africa

11.4.5.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)

11.4.5.2. Market Revenue and Volume Forecast, by Product (2020-2032)

11.4.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.6. South Africa

11.4.6.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)

11.4.6.2. Market Revenue and Volume Forecast, by Product (2020-2032)

11.4.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)

11.4.7.2. Market Revenue and Volume Forecast, by Product (2020-2032)

11.4.7.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.5. Latin America

11.5.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)

11.5.2. Market Revenue and Volume Forecast, by Product (2020-2032)

11.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.5.4. Brazil

11.5.4.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)

11.5.4.2. Market Revenue and Volume Forecast, by Product (2020-2032)

11.5.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)

11.5.5.2. Market Revenue and Volume Forecast, by Product (2020-2032)

11.5.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)

Chapter 12. Company Profiles

12.1. Arconic Fastening Systems and Rings

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Acument Global Technologies, In

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. ATF, Inc.

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Dokka Fasteners A S

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. LISI Group – Link Solutions for Industry

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Nippon Industrial Fasteners Company (Nifco)

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Hilti Corporation

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. MW Industries, Inc.

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Birmingham Fasteners and Supply, Inc.

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. SESCO Industries, Inc.

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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