Market revenue in 2024 | USD 6,419.8 million |
Market revenue in 2030 | USD 8,350.3 million |
Growth rate | 4.5% (CAGR from 2025 to 2030) |
Largest segment | Metal |
Fastest growing segment | Plastic |
Historical data covered | 2018 - 2023 |
Base year for estimation | 2024 |
Forecast period covered | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Plastic, Metal |
Key market players worldwide | Wurth Group, Lisi SA, Nifco Inc, Illinois Tool Works Inc, Stanley Black & Decker, Berkshire Hathaway Inc Class A, Arconic, Acument Global Technologies, ATF, MW Industries, Birmingham Fastener, Elgin Fastener Group, Rockford Fastener, Slidematic Products, Manufacturers Associates, Eastwood Manufacturing, Brunner Manufacturing, Penn Engineering, EJOT, KOVA Fasteners |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to industrial fasteners market will help companies and investors design strategic landscapes.
Metal was the largest segment with a revenue share of 96.31% in 2024. Horizon Databook has segmented the Latin America industrial fasteners market based on plastic, metal covering the revenue growth of each sub-segment from 2018 to 2030.
The economic growth of the Central & South America region is expected to be constrained by several domestic and external factors. Factors such as uncertainty with respect to the economic policy and reforms in Brazil renewed financial stress in Argentina, and recent social unrest in various regional countries such as Colombia, Chile, Bolivia, and Ecuador are expected to have a negative impact on the region’s economic growth.
Due to the COVID-19 pandemic, various countries in the regions such as Argentina, Colombia, and others were in lockdown in 2020 and in the first half of 2021. Due to lockdown various automotive manufacturing sites, construction sites, and factories of various products such as home appliances, furniture, plumbing, etc. were closed as well as their production slowed down.
Due to lockdown automotive, building & construction, aerospace, home appliances, furniture, and other end-use industries were negatively impacted due to the slow production, disruption in the supply of raw materials, and supply & demand gap.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America industrial fasteners market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America industrial fasteners market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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