Industrial Fasteners Market Size

  • Report ID: 4430
  • Published Date: Oct 11, 2024
  • Report Format: PDF, PPT

Industrial Fasteners Market Size

Industrial Fasteners Market size was over USD 96.15 billion in 2024 and is projected to reach USD 168.69 billion by the end of 2037, growing at around 4.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of industrial fasteners is assessed at USD 99.61 billion.

The growing global production of manufactured goods can be primarily a reason for the industry growth. Thanks to their huge advantages, industrial fasteners are a key component in the production of industry. This is leading to promising growth opportunities for a market size, as the rate of industrial output increases. As an example, by 2021, there will be a rise of 8 % in the production of products within the EU compared to 2020, reaching 108%.

With the increased production of motor vehicles, it is anticipated that key players operating in the global market will have enormous revenue generation opportunities over the forecast period because of a growing demand for fasteners from vehicle manufacturers. Based on the information provided by the International Association of Vehicle Manufacturers OICA, vehicle production increased over the past few years and reached about 80 million cars in 2021 as compared to an approximate 77 million vehicles in 2020.


Get more information on this report: Request Free Sample PDF

Browse Key Market Insights with Data Illustration:


Author Credits:  Shweta Patidar


  • Report ID: 4430
  • Published Date: Oct 11, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of industrial fasteners is assessed at USD 99.61 billion.

The industrial fasteners market size was over USD 96.15 billion in 2024 and is projected to reach USD 168.69 billion by the end of 2037, growing at around 4.6% CAGR during the forecast period i.e., between 2025-2037. Increasing industrial production as well as rising demand for industrial fasteners in various industries such as automobiles, chemical processing, and other will propel the market growth.

Asia Pacific industry is anticipated to hold the largest revenue share of 38% by 2037, backed by presence of a strong manufacturing network in the region.

The major players in the market include Birmingham Fastener & Supply Company, Inc., Hilti AG, Acumen Global Technologies, Inc., Nifco UK Limited, Arconic Corporation, ATF Inc., Sesco Industries, Inc., Rockford Fastener, Inc., Elgin Fastener Group, Decker Industries corporation.
Inquiry Before Buying Request Free Sample
logo
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying
Inquiry Before Buying Request Free Sample