Fasteners Market size is estimated to be USD 101.2 Billion in 2024 and is expected to reach USD 150.5 Billion by 2033 at a CAGR of 4.8% from 2026 to 2033.
The global fasteners market was valued at approximately USD 87.2 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 4.3% from 2023 to 2030. This growth is driven by the increasing demand across automotive, construction, aerospace, and industrial machinery sectors. The automotive industry accounted for a significant share of the market in 2022, with rising vehicle production and technological innovations fueling the demand for advanced fastening solutions. The construction segment also witnessed steady growth due to global urbanization and infrastructure projects, especially in emerging economies. Industrial grade metal fasteners held the dominant share due to their strength and reliability, while plastic fasteners are gaining traction in lightweight applications.
Regionally, Asia Pacific dominated the global fasteners market in 2022, accounting for over 40% of the total market share, owing to high manufacturing activity in China, India, and Japan. North America followed, driven by robust demand in the aerospace and automotive sectors, particularly in the United States. Europe maintained a steady share, supported by strong industrial infrastructure and innovation in fastening technologies. Meanwhile, the Middle East & Africa and Latin America are emerging as high potential regions, with increased construction and industrial activities creating new growth avenues. Opportunities for market expansion lie in the adoption of lightweight materials, growth of electric vehicles requiring advanced fastening systems, and increasing investments in renewable energy infrastructure. The trend toward automation and smart manufacturing is expected to further enhance the adoption of innovative fasteners across multiple industries.
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Würth
TriMas
TR Fastening
Topura
Sundram Fasteners
STL
STANLEY
Simmonds Marshall
SFS Group
Samjin
RUIBIAO
Precision Castparts
Piolax
PCC
Norma Group
Nifco
NAFCO
MS Aerospace
Meira
Meidoh
LISI Aerospace
Keller & Kalmbach
KAMAX
ITW
Gem-Year
Fontana Gruppo
EJOT Group
Bulten
Bossard
Boltun
Böllhoff
Araymond
Aoyama Seisakusho
Alcoa
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Fasteners Market
Bolts
Nuts
Screws
Washers
Rivets
Anchors
Clips
Steel
Plastic
Aluminum
Brass
Nickel
Titanium
Aerospace
Automotive
Construction
Marine
Electronics
Furniture
Industrial Machinery
Load-Bearing Fasteners
Non-Load-Bearing Fasteners
Self-Locking Fasteners
Sealing Fasteners
Structural Fasteners
Direct Sales
Online Retail
Distributors/Wholesalers
Manufacturer Sales Representatives
Specialty Stores
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Fasteners Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Fasteners Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Fasteners Market, By Type
6. Global Fasteners Market, By Application
7. Global Fasteners Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Fasteners Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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