Market revenue in 2024 | USD 2,165.4 million |
Market revenue in 2030 | USD 2,812.8 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 96.54% in 2024. Horizon Databook has segmented the Middle East & Africa industrial fasteners market based on plastic, metal covering the revenue growth of each sub-segment from 2018 to 2030.
Aerospace sector of the Middle East and Africa is expected to witness high growth over the forecast period owing to the geographic location of the Middle East that enables transport convenience. A slow change in the development of aerospace sector is witnessed in countries including Nigeria, Egypt, South Africa, and Ghana.
According to International Air Transport Association (IATA) estimates by 2037, the Middle East market will reach 501 million passengers achieved by a CAGR of 4.4%. To leverage the geographical advantage, the governments of these countries are making significant investments towards the improvement and expansion of their airport infrastructure.
For instance, in February 2020, the Ministry of Transport and Communication, Oman had announced the National Aviation Strategy 2030. This strategy aims at enhancing Oman’s growing aviation industry, which in turn will help to strengthen the economy of Oman in future.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa industrial fasteners market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa industrial fasteners market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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