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Industrial Fasteners Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 140 Pages
  • October 2023
  • Region: Global
  • IMARC Group
  • ID: 5700780
Description Jump to:
The global industrial fasteners market size reached US$ 94.0 Billion in 2022. Looking forward, the analyst expects the market to reach US$ 123.4 Billion by 2028, exhibiting a growth rate (CAGR) of 4.5% during 2023-2028.

Industrial fasteners refer to a wide range of high-quality fastening products that are used primarily in the construction, automotive, aerospace, and marine industries. A wide range of weather and chemical elements can be withstood by these fasteners since they are meant for long-term industrial use. Consequently, these products are widely utilized in growing industries that require high-quality fasteners to resist corrosion and natural abrasions. Carbon fiber and alloy are the preferred materials that are commonly used for manufacturing corrosion-resistant, lightweight, and superconducting industrial fasteners for heavy-duty use. Hybrid fasteners made of injection-molded plastics and metals are lighter, easier to install, and more cost-effective. Bolts, nuts, screws, rivets, nails, washers, and studs are among the most commonly used industrial fasteners.

Industrial Fasteners Market Trends:

The market is primarily driven by considerable growth in the construction industry. This can be attributed to the escalating demand for commercial and residential housing projects across the globe. In addition to this, the increasing product utilization in home interiors and cable management applications is acting as a significant growth-inducing factor. Also, the escalating demand for manufacturing advanced lightweight product variants for numerous automotive applications is fueling the market growth. Moreover, continual technological advancements in aircraft structural hardware manufacturing technology are creating a positive market outlook. In line with this, a considerable rise in the number of aircraft, increasing passenger traffic and the augmenting commercial aircraft production capacity are propelling the market. Furthermore, extensive research and development (R&D) expenditure in the defense sector is providing an impetus to the market. Some of the other factors contributing to the market include the rising number of OEM partnerships for business expansion, rapid urbanization and industrialization, and inflating disposable income levels.

Key Market Segmentation

The report provides an analysis of the key trends in each sub-segment of the global industrial fasteners market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on raw materials, products, type and application.

Breakup by Raw Materials:

  • Metal
  • Plastic

Breakup by Products:

  • Externally Threaded Fasteners
  • Internally Threaded Fasteners
  • Non-Threaded Fasteners
  • Aerospace Grade Fasteners

Breakup by Type:

  • Bolts
  • Nuts
  • Screws
  • Washers
  • Rivets
  • Others

Breakup by Application:

  • Automotive
  • Aerospace
  • Building and Construction
  • Industrial Machinery
  • Home Appliances
  • Lawns and Gardens
  • Motors and Pumps
  • Furniture
  • Plumbing Products
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players being Acument Global Technologies Inc., ATF Inc., Hilti Corporation, Howmet Aerospace Inc., Kova Fasteners Private Limited, LISI SA, MacLean-Fogg Company, MISUMI Group Inc., MW Industries Inc., Nifco Inc., Precision Castparts Corp., SFS Group AG and Stanley Black & Decker Inc.

Key Questions Answered in This Report

1. How big is the global industrial fasteners market?
2. What is the expected growth rate of the global industrial fasteners market during 2023-2028?
3. What are the key factors driving the global industrial fasteners market?
4. What has been the impact of COVID-19 on the global industrial fasteners market?
5. What is the breakup of the global industrial fasteners market based on the raw materials?
6. What is the breakup of the global industrial fasteners market based on the products?
7. What is the breakup of the global industrial fasteners market based on the type?
8. What is the breakup of the global industrial fasteners market based on the application?
9. What are the key regions in the global industrial fasteners market?
10. Who are the key players/companies in the global industrial fasteners market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Industrial Fasteners Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Raw Materials
6.1 Metal
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Plastic
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Products
7.1 Externally Threaded Fasteners
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Internally Threaded Fasteners
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Non-Threaded Fasteners
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Aerospace Grade Fasteners
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Type
8.1 Bolts
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Nuts
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Screws
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Washers
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Rivets
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Application
9.1 Automotive
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Aerospace
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Building and Construction
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Industrial Machinery
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Home Appliances
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Lawns and Gardens
9.6.1 Market Trends
9.6.2 Market Forecast
9.7 Motors and Pumps
9.7.1 Market Trends
9.7.2 Market Forecast
9.8 Furniture
9.8.1 Market Trends
9.8.2 Market Forecast
9.9 Plumbing Products
9.9.1 Market Trends
9.9.2 Market Forecast
9.10 Others
9.10.1 Market Trends
9.10.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Acument Global Technologies Inc.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 ATF Inc.
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 Hilti Corporation
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 SWOT Analysis
15.3.4 Howmet Aerospace Inc.
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 Kova Fasteners Private Limited
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 LISI SA
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.7 MacLean-Fogg Company
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 MISUMI Group Inc.
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.9 MW Industries Inc.
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 Nifco Inc.
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.11 Precision Castparts Corp.
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.12 SFS Group AG
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.12.3 Financials
15.3.13 Stanley Black & Decker Inc.
15.3.13.1 Company Overview
15.3.13.2 Product Portfolio
15.3.13.3 Financials
15.3.13.4 SWOT Analysis
List of Figures
Figure 1: Global: Industrial Fasteners Market: Major Drivers and Challenges
Figure 2: Global: Industrial Fasteners Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Industrial Fasteners Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Industrial Fasteners Market: Breakup by Raw Materials (in %), 2022
Figure 5: Global: Industrial Fasteners Market: Breakup by Products (in %), 2022
Figure 6: Global: Industrial Fasteners Market: Breakup by Type (in %), 2022
Figure 7: Global: Industrial Fasteners Market: Breakup by Application (in %), 2022
Figure 8: Global: Industrial Fasteners Market: Breakup by Region (in %), 2022
Figure 9: Global: Industrial Fasteners (Metal) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Industrial Fasteners (Metal) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Industrial Fasteners (Plastic) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Industrial Fasteners (Plastic) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Industrial Fasteners (Externally Threaded Fasteners) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Industrial Fasteners (Externally Threaded Fasteners) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Industrial Fasteners (Internally Threaded Fasteners) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Industrial Fasteners (Internally Threaded Fasteners) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Industrial Fasteners (Non-Threaded Fasteners) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Industrial Fasteners (Non-Threaded Fasteners) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Industrial Fasteners (Aerospace Grade Fasteners) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Industrial Fasteners (Aerospace Grade Fasteners) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Industrial Fasteners (Bolts) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Industrial Fasteners (Bolts) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Industrial Fasteners (Nuts) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Industrial Fasteners (Nuts) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Industrial Fasteners (Screws) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Industrial Fasteners (Screws) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Industrial Fasteners (Washers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Industrial Fasteners (Washers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Industrial Fasteners (Rivets) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Industrial Fasteners (Rivets) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Industrial Fasteners (Other Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Industrial Fasteners (Other Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Industrial Fasteners (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Industrial Fasteners (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Global: Industrial Fasteners (Aerospace) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Global: Industrial Fasteners (Aerospace) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Global: Industrial Fasteners (Building and Construction) Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Global: Industrial Fasteners (Building and Construction) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Global: Industrial Fasteners (Industrial Machinery) Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Global: Industrial Fasteners (Industrial Machinery) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Global: Industrial Fasteners (Home Appliances) Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Global: Industrial Fasteners (Home Appliances) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Global: Industrial Fasteners (Lawns and Gardens) Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Global: Industrial Fasteners (Lawns and Gardens) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Global: Industrial Fasteners (Motors and Pumps) Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Global: Industrial Fasteners (Motors and Pumps) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Global: Industrial Fasteners (Furniture) Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Global: Industrial Fasteners (Furniture) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Global: Industrial Fasteners (Plumbing Products) Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Global: Industrial Fasteners (Plumbing Products) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Global: Industrial Fasteners (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Global: Industrial Fasteners (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: North America: Industrial Fasteners Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: North America: Industrial Fasteners Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: United States: Industrial Fasteners Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: United States: Industrial Fasteners Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Canada: Industrial Fasteners Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Canada: Industrial Fasteners Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Asia-Pacific: Industrial Fasteners Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Asia-Pacific: Industrial Fasteners Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: China: Industrial Fasteners Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: China: Industrial Fasteners Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Japan: Industrial Fasteners Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Japan: Industrial Fasteners Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: India: Industrial Fasteners Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: India: Industrial Fasteners Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: South Korea: Industrial Fasteners Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: South Korea: Industrial Fasteners Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Australia: Industrial Fasteners Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Australia: Industrial Fasteners Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Indonesia: Industrial Fasteners Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Indonesia: Industrial Fasteners Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Others: Industrial Fasteners Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Others: Industrial Fasteners Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Europe: Industrial Fasteners Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Europe: Industrial Fasteners Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Germany: Industrial Fasteners Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Germany: Industrial Fasteners Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: France: Industrial Fasteners Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: France: Industrial Fasteners Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: United Kingdom: Industrial Fasteners Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: United Kingdom: Industrial Fasteners Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 83: Italy: Industrial Fasteners Market: Sales Value (in Million US$), 2017 & 2022
Figure 84: Italy: Industrial Fasteners Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: Spain: Industrial Fasteners Market: Sales Value (in Million US$), 2017 & 2022
Figure 86: Spain: Industrial Fasteners Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 87: Russia: Industrial Fasteners Market: Sales Value (in Million US$), 2017 & 2022
Figure 88: Russia: Industrial Fasteners Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 89: Others: Industrial Fasteners Market: Sales Value (in Million US$), 2017 & 2022
Figure 90: Others: Industrial Fasteners Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 91: Latin America: Industrial Fasteners Market: Sales Value (in Million US$), 2017 & 2022
Figure 92: Latin America: Industrial Fasteners Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 93: Brazil: Industrial Fasteners Market: Sales Value (in Million US$), 2017 & 2022
Figure 94: Brazil: Industrial Fasteners Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 95: Mexico: Industrial Fasteners Market: Sales Value (in Million US$), 2017 & 2022
Figure 96: Mexico: Industrial Fasteners Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 97: Others: Industrial Fasteners Market: Sales Value (in Million US$), 2017 & 2022
Figure 98: Others: Industrial Fasteners Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 99: Middle East and Africa: Industrial Fasteners Market: Sales Value (in Million US$), 2017 & 2022
Figure 100: Middle East and Africa: Industrial Fasteners Market: Breakup by Country (in %), 2022
Figure 101: Middle East and Africa: Industrial Fasteners Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 102: Global: Industrial Fasteners Industry: SWOT Analysis
Figure 103: Global: Industrial Fasteners Industry: Value Chain Analysis
Figure 104: Global: Industrial Fasteners Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Industrial Fasteners Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Industrial Fasteners Market Forecast: Breakup by Raw Materials (in Million US$), 2023-2028
Table 3: Global: Industrial Fasteners Market Forecast: Breakup by Products (in Million US$), 2023-2028
Table 4: Global: Industrial Fasteners Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 5: Global: Industrial Fasteners Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 6: Global: Industrial Fasteners Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Industrial Fasteners Market: Competitive Structure
Table 8: Global: Industrial Fasteners Market: Key Players

Companies Mentioned

  • Acument Global Technologies Inc.
  • ATF Inc.
  • Hilti Corporation
  • Howmet Aerospace Inc.
  • Kova Fasteners Private Limited
  • LISI SA
  • MacLean-Fogg Company
  • MISUMI Group Inc.
  • MW Industries Inc.
  • Nifco Inc.
  • Precision Castparts Corp.
  • SFS Group AG
  • Stanley Black & Decker Inc.

Methodology

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Table Information

Report AttributeDetails
No. of Pages140
PublishedOctober 2023
Forecast Period2022 - 2028
Estimated Market Value ( USD ) in 2022 $ 94 Billion
Forecasted Market Value ( USD ) by 2028 $ 123.4 Billion
Compound Annual Growth Rate4.6%
Regions CoveredGlobal
No. of Companies Mentioned13

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