Thailand Industrial Fasteners Market Size & Outlook
Thailand industrial fasteners market, 2018-2030 (US$M)
Related Markets
Thailand industrial fasteners market highlights
- The Thailand industrial fasteners market generated a revenue of USD 1,582.7 million in 2024 and is expected to reach USD 2,232.5 million by 2030.
- The Thailand market is expected to grow at a CAGR of 6% from 2025 to 2030.
- In terms of segment, metal was the largest revenue generating raw material in 2024.
- Plastic is the most lucrative raw material segment registering the fastest growth during the forecast period.
Industrial fasteners market data book summary
| Market revenue in 2024 | USD 1,582.7 million |
| Market revenue in 2030 | USD 2,232.5 million |
| Growth rate | 6% (CAGR from 2025 to 2030) |
| Largest segment | Metal |
| Fastest growing segment | Plastic |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 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 |
Other key industry trends
- In terms of revenue, Thailand accounted for 1.6% of the global industrial fasteners market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China industrial fasteners market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 7,017.2 million by 2030.
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Industrial Fasteners Market Scope
Industrial Fasteners Market Companies
| Name | Profile | # Employees | HQ | Website |
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Thailand industrial fasteners market outlook
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 98.43% in 2024. Horizon Databook has segmented the Thailand industrial fasteners market based on plastic, metal covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for fasteners in Thailand is expected to grow over the forecast period on account of the growth of end-user industries such as automotive, construction, electronics, and industrial equipment. The demand for fasteners in the country is primarily fulfilled by the small and medium-scale manufacturers in the region.
However, inadequate capacities of the industry players have resulted in the high requirement for imports. The construction industry plays an important role in the Thai economy. According to the Office of the National Economic & Social Development Council (NESDC), from 2009 to 2019, construction spending accounted for an average of 8.1% of GDP annually.
In Thailand, around 80,000 construction companies are registered, out of which around 55 companies qualify as large-scale operators and command around 50% share of industry revenue.
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Horizon Databook provides a detailed overview of country-level data and insights on the Thailand industrial fasteners market , including forecasts for subscribers. This country databook contains high-level insights into Thailand industrial fasteners market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand industrial fasteners market size, by raw material, 2018-2030 (US$M)
Thailand Industrial Fasteners Market Outlook Share, 2024 & 2030 (US$M)
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