Industrial Fasteners Market Size Is Anticipated To Reach USD 153.71 Billion By 2033
The global industrial fasteners market size is expected to reach USD 153.71 billion by 2033, registering a CAGR of 5.1% from 2026 to 2033, according to a new report by Grand View Research, Inc. The market is anticipated to be driven by factors such as the increasing population, significant investments in the construction industry, and rising demand in industries like aerospace and automotive.
Industrial fasteners are available in two major types: metal and plastic. Metal fasteners dominate the industry; however, they are expected to witness lower growth than their counterparts owing to the increasing penetration of materials like plastic in applications such as aerospace and automotive due to their high corrosion resistance and lightweight characteristics.
The market is highly competitive due to the presence of many manufacturers. A major challenge faced by the competitors is the fluctuation of raw material prices; hence, a high degree of backward and forward integration is likely to be observed among the major players in the market. This will further intensify the market rivalry and competition, making it difficult for emerging players to sustain themselves.
The growth of building & construction industry and product penetration in the market directly influence the demand for industrial fasteners. Asia Pacific is expected to witness the highest growth owing to the rapid expansion and magnitude of the construction industry in countries such as India and China. The growing population and high investments in the construction sector are the key factors driving the construction industry in these countries, which, in turn, is projected to boost the market growth over the forecast period.
Need deeper insights? Customize this report for your market
Major industrial fastener manufacturing companies are established in North America and Asia Pacific; as a result, the global supply shortage for industrial fasteners provides a great business opportunity for players in these regions. Asia Pacific is expected to be the preferred market for fastener manufacturers due to high product demand and lower costs associated with raw materials, labor, land, and power.
Companies engaged in the manufacturing of fasteners require significant capital investment owing to the high production volumes and stringent specifications concerning testing and labeling. Industrial fasteners, including bolts, screws, nuts, studs, and rivets, are manufactured and distributed by various participants. Companies invest significantly in R&D activities, thus resulting in dynamic market conditions.
Industrial Fasteners Market Report Highlights
- The market growth stage is medium, and the pace of the market growth is accelerating. The industrial fasteners market is fragmented and highly competitive in nature, with various large and small-scale manufacturers in China, Taiwan, Thailand, and Japan
- Metal fasteners accounted for the largest market share of 91.0% in 2025. It includes various materials such as stainless steel, bronze, cast iron, superalloys, and titanium
- Metal fasteners accounted for the largest market share of 91.0% in 2025. It includes various materials such as stainless steel, bronze, cast iron, superalloys, and titanium
- Externally threaded fasteners accounted for the largest revenue share of 48.1% in 2025. Bolts and screws are the most widely utilized type of externally threaded fasteners
- The automotive segment accounted for the largest revenue share in 2025. High production volumes of automotive vehicles across the Asia Pacific have been a key factor driving industry growth over the past few years
- The industrial fasteners industry in the Asia Pacific accounted for the largest revenue market share with 45.1% in 2025
Explore our Interactive market dashboard to get a bird's-eye view of the Industrial Fasteners Market. Perform cross-segment analysis, look at market numbers pertaining to specific segments, geographies & timelines, and download these data points in image format that can be used in decks and presentations.
Key Industrial Fasteners Company Insights
Some of the key players operating in the market include Illinois Tool Works, Inc., Arconic Fastening Systems and Rings, Hilti Corporation, LISI Group - Link Solutions for Industry, and Nifco Inc., among others.
- Arconic Fastening Systems and Rings is a fastener manufacturing company, which was formerly a part of Alcoa, Inc., a U.S.-based company established in 1888, and was separated in November 2006. Arconic Fastening Systems and Rings had a presence in 20 countries, including China, Brazil, Canada, Japan, and Russia. The key brand names associated with the company are Camloc, Delron, Huck, Kaynar, K-Fast, Linread, Mairoll, Marson, Mecaero, Microdot, and North Bridge.
- Hilti Corporation offers rotary hammer drills, diamond cutting & grinding systems, expansion & sleeve anchors, electric screwdrivers, and support brackets for piping & ductwork. The company manufactures fasteners under its anchor systems. It has a presence in over 120 countries, with its manufacturing units located in Liechtenstein, Austria, Germany, China, Hungary, Mexico, and the U.S.
Acument Global Technologies, Inc., ATF, Inc., Birmingham Fastener and Supply, Inc., SESCO Industries, Inc. are some of the emerging market participants in the market.
- Acument Global Technologies offers fastening and assembly solutions and has a presence in over 35 countries, with 10 manufacturing facilities and several distribution facilities strategically positioned across three continents, including North America, Europe and Asia Pacific. Its product portfolio comprises three segments: engineered fastening systems, externally threaded fastening systems, and internally threaded fastening systems.
- ATF, Inc. operates through its eight offices and nine manufacturing units located in Europe, North America, and Asia. The company’s product portfolio includes cold-formed specials, anchors, formed & rolled parts, thread-forming fasteners for metals, thread-forming fasteners for plastics, engineered fasteners for light-weighting applications, and mechanisms & assemblies’ fasteners.
Key Industrial Fasteners Companies:
The following are the leading companies in the industrial fasteners market. These companies collectively hold the largest market share and dictate industry trends.
- Illinois Tool Works, Inc.
- Arconic Fastening Systems and Rings
- Hilti Corporation
- LISI Group - Link Solutions for Industry
- Nifco Inc
- MW Industries, Inc.
- Birmingham Fastener and Supply, Inc.
- SESCO Industries, Inc.,
- Elgin Fastener Group LLC
- Slidematic
- Dokka Fasteners A S
- Manufacturing Associates, Inc.
- Eastwood Manufacturing
- Acument Global Technologies, Inc.
- ATF, Inc.
Looking for a report customized to your requirements? Explore our Custom Research Offering
Grand View Research offers
- Focused market intelligence reports on specific geographies or high-growth segments.
- Extended forecast timelines for long-term planning.
- Competitor Benchmarking and Supply Chain Analysis
- Inclusion of regulatory and policy assessments.
- Inclusion of custom data models, KPIs, or applications unique to your business
- Specific high-impact Data Decks and Tables to support effective decision making
And much more…
Discover Our New Consumer Insights Service : https://www.grandviewresearch.com/services/consumer-insights
Comments
Post a Comment