Plastic Fasteners Market Report and Forecast 2025-2034

The global plastic fasteners market attained a value of more than USD 6.00 Billion in 2024 . The market is further expected to grow in the forecast period of 2025-2034 at a CAGR of 6.12% to reach over USD 10.87 Billion by 2034 .

Rapid Expansion of the Construction Sector to Bolster the Growth of the Plastic Fasteners Industry

The plastic fasteners industry is expected to observe a robust growth in the forecast years, due to the rise in construction activities. This is further expected to be fuelled by the growing investments by the governments in infrastructure development activities. Additionally, the increased research and development activities are predicted to offer significant growth opportunities to the market.

Geographically, the Asia Pacific is anticipated to be one of the leading regions in the industry, owing to the increased expenditure by the governments in the automotive sector. In addition, the increasing demand for affordable and lightweight vehicles is also estimated to propel the market growth.

Plastic Fasteners Market Segmentation

Plastic fasteners are plastic tools that are used to join or secure materials together. These are used to create joints that can be removed without damaging the joining components. They are flexible, strong screws or other plastic tools which are used to maintain stiffness, temperature, and strength. Plastic fasteners can be made from nylon, PVC, and polypropylene.

The major product types in the industry are:

• Washers and Spacers
• Grommets and Bushings
• Threaded Fasteners
• Rivets and Push-in Clips
• Cable Clips and Ties
• Wall Plugs
• Others

The market can be broadly categorised, on the basis of end user, into:

• Automotive
• Electrical and Electronics
• Building and Construction
• Others

Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Heightened Demand for Plastic Fasteners in the Electronics Industry to Augment the Market Growth

The growing demand for fasteners in the production of electronic and electrical devices is projected to bolster the market growth in the forecast period. Plastic fasteners are better than metal fasteners, as they hold up well in appliances and are available in different shapes and sizes. These are widely used in circuit boards for securing, spacing, guiding, and supporting electronics. For instance, nylon fasteners are commonly used in washing machines, household appliances, and automotive parts. Additionally, the growing investments in the residential and non-residential construction activities are expected to further drive the market growth for plastic fasteners. The rising global population is predicted to lead to an increased demand for residential and commercial infrastructure, which is expected to propel the market growth in the coming years. Some of the benefits of using rivet, a plastic fastener type, is that one does not need to weld the material together as part of fastening it. Meanwhile, cable ties are also commonly utilised to fasten wires into organised bundles. These factors are estimated to aid the industry growth in the forecast period.

Key Industry Players in the Global Plastic Fasteners Market

The report presents a detailed analysis of the following key players in the global plastic fasteners market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• Illinois Tool Works Inc.
• Raygroup SASU
• Nifco Inc.
• Stanley Black & Decker, Inc.
• Bossard Group
• Others

The comprehensive report looks into the macro and micro aspects of the industry. The report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.