The market for industrial fasteners is approximated to be USD 90.57 billion in 2025, and it is projected to reach USD 104.12 billion by 2029, at a CAGR of 3.5%.
Industrial fasteners are mechanical parts utilized to firmly fasten or hold two or more objects together within manufacturing, construction, and engineering. The basic hardware devices involve bolts, screws, nuts, washers, rivets, and anchors; all are developed to offer consistent and strong connection. Fasteners greatly add to the structure and stability of machinery, buildings, vehicles, and electronic equipment. Made from various materials like stainless steel, carbon steel, and alloys, they can face many types of environmental and mechanical stress. Depending upon the application, they can be either permanent or removable, giving flexibility to the assembly and maintenance of machines. Their quality and precision impact the safety, performance, and durability of industrial structures and equipment.
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Aerospace, automotive, building & construction, industrial machinery, home appliances, lawns & gardens, motor & pumps, furniture, plumbing products, renewable energy, silo and other applications are the main market sectors for industrial fasteners.
The demand for industrial fasteners is mainly furnished by global players manufacturing for various end-use applications. Some of the leading companies involved in the industrial fasteners are Illinois Tool Works Inc. (US), Stanley Black & Decker, Inc. (US), SFS AG (Switzerland), Lisi Group (France), Bilten AB (Sweden), and Kowlner Rawlplug IP (Poland). These companies, amongst many other regional players, fulfill the requirements globally for industrial fasteners.
Illinois Tool Works Inc. (US) is a leading global manufacturer of diversified industrial products and equipment. The company specializes in creating innovative solutions for a wide range of industries, including automotive, construction, food equipment, and electronics. The company operates through the following seven business segments, Automotive OEM, Food Equipment, Test & Measurement and Electronics, Welding, Polymers & Fluids, Construction Products, and Speciality Products. The automotive OEM segments offer plastic & metal components, fasteners, and assemblies for automobiles, light trucks, and other industrial uses. With approximately 410 plants and office facilities across 51 countries in North America, Europe, the Middle East & Africa, Asia Pacific, and South America, ITW emphasizes customer-focused innovation while maintaining a decentralized operational model that promotes efficiency and growth.
Stanley Black & Decker, Inc. (US) is a prominent tool and industrial equipment manufacturing company. The company operates through two reportable segments: Tools and Outdoor, and Industrial. Within the Industrial segment, Stanley Black & Decker manufactures fastening solutions under the brand STANLEY® Engineered Fastening, which provides market-leading high-performance fasteners, fittings, and various engineered products designed for specific applications across multiple verticals. The product lines include externally threaded fasteners, blind rivets and tools, blind inserts and tools, drawn arc weld studs and systems, engineered plastic and mechanical fasteners, self-piercing riveting systems, precision nut running systems, micro fasteners, high-strength structural fasteners, axel swage, latches, heat shields, pins, and couplings. The company have global presence in 60 countries across geographic regions including North America, South America, Europe, and Asia Pacific.
SFS Group AG (Switzerland) is a globally recognized leader in the supply of precision components and assemblies, mechanical fastening systems, quality tools, and procurement solutions. SFS operates across three primary segments including Engineered Components, Fastening Systems, and Distribution & Logistics. This diversified structure enables the company to cater to various industries including automotive, construction, electronics, and medical technology. With a strong global presence, SFS operates 140 manufacturing sites and distribution companies across 35 countries in North America, Europe, and Asia. This extensive network allows the company to effectively serve a diverse range of markets while ensuring high-quality standards and efficient logistics.
Other companies have initiated the following developments:
Related Reports:
Industrial Fasteners Market by Raw Material (Metal, Plastic), Type (Bolts, Screws, Nuts, Washers, Rivets), Product (Externally Threaded, Internally Threaded, NonThreaded, and Aerospace Grade), Application, Sales Channel & Region - Global Forecast to 2029
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