Industrial Fasteners Market

The report "Industrial Fasteners Market by Material (Metal, Plastic), Type (Bolts, Screws, Nuts, Washers, Rivets), Product (Externally Threaded, Internally Threaded, Non-Threaded, and Aerospace Grade), Application, Sales Channel, and Region – Global Forecast to 2032" is projected to grow from USD 91.04 billion in 2025 and to reach USD 115.67 billion in 2032, at a Compound Annual Growth Rate (CAGR) of 3.48% during the forecast period.

Browse 349 market data Tables and 60 Figures spread through 300 Pages and in-depth TOC on "Industrial Fasteners Market by Material (Metal, Plastic), Type (Bolts, Screws, Nuts, Washers, Rivets), Product (Externally Threaded, Internally Threaded, Non-Threaded, and Aerospace Grade), Application, Sales Channel, and Region – Global Forecast to 2032"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/industrial-fasteners-market-119507485.html

The industrial fasteners market is growing due to the rising automotive sector, growing infrastructure investments, and advancements in manufacturing technologies.

By material, the plastic segment accounted for the second-largest market share in 2024

Plastic-based industrial fasteners hold the second-largest market share, as they have satisfied the growing need for lightweight, cost-effective, corrosion-resistant fasteners. Electronics, automotive interiors, appliances, and new energy systems are denting the use of plastic fasteners where electrical insulation, chemical resistance, and vibration damping are important. The move to lighten cars and machines, particularly electric cars, is driving up their uptake. Plastic fasteners also make assembly easier, are less galvanically corrosive with metals, and enable the automated production of many units in large volumes. There is also the development of high-performance polymers such as nylon, PEEK, and reinforced plastics, with their use expanding into more demanding applications; in this case, the type of fasteners is growing even faster than traditional metal fasteners.

By type, the bolts segment is expected to account for the highest growth rate during the forecast period

The category of fasteners that is expected to grow most rapidly is bolts, since they are needed in high-load, safety-critical, and structural use in the swiftly growing industries. The development of infrastructure, building, wind power, mining, and heavy-building machinery is expanding rapidly to stimulate significant demand for high-strength bolts, which offer strong clamping and long-term joint stability. The growth in the number of renewable energy systems, particularly of wind turbines and solar systems, is boosting the demand for precision-engineered bolts in large quantities. Also, bolts are increasingly used by automotive, aerospace, and industrial equipment manufacturers in assemblies that need preload control, straightforward inspection, and maintenance. Tighter safety measures and the joint requirements are durable and resistant to vibrations, further increasing the adoption of bolts, leading to the rapid increase of the market segment of fasteners.

By application, the new energy segment is expected to account for the highest growth rate during the forecast period

The industrial fasteners' new energy application is growing at the fastest pace due to large-scale investments in renewable energy and energy transition infrastructure worldwide. For wind turbines, solar mounting systems, EV batteries, hydrogen plants, and energy storage systems, large volumes of high-strength, corrosion-resistant, and fatigue-resistant fasteners are needed to ensure long-term structural integrity. Such projects usually work under severe conditions that require sophisticated coatings, stainless steel, and smart fasteners. There are also high rates of capacity additions, government incentives, and long project life cycles, which contribute to sustained and significant consumption of fasteners, making new energy the fastest-emerging application segment.

Europe accounted for the third-largest share of the industrial fasteners market in 2024

The third-largest industrial fasteners market is Europe, with its developed manufacturing base and diverse industrial segments, including automotive, renewable energy, machinery, and construction. The region's high-quality standards and regulatory requirements are factors driving demand for niche fasteners, including corrosion-resistant fasteners. The constant development of infrastructure, the modernization of machinery, and the development of renewable energy sources provide a stable demand for replacements and new installations. In the fastener market in industrial Europe, renewable energy is gaining increasing importance. The area is also home to fast-developing wind, solar, and hydro power plants, where high-strength, corrosion-resistant fasteners are needed for turbines, mounting systems, and the support infrastructure of solar panels.

The industrial fasteners market comprises major players such as Illinois Tool Works Inc. (US), Stanley Black & Decker, Inc. (US), SFS AG (Switzerland), Lisi Group (France), Bulten AB (Sweden), and Kowlner Rawlplug IP (Poland), and others are covered in the industrial fasteners market. Acquisitions, product launches, partnerships, and expansions are among the major strategies adopted by these key players to strengthen their positions in the industrial fasteners market.

Don’t miss out on business opportunities in Industrial Fasteners Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter , LinkedIn and Facebook .

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com/