U.S. Industrial Fasteners Market Size & Outlook, 2022-2030
U.S. industrial fasteners market, 2018-2030 (US$M)
Related Markets
U.S. industrial fasteners market highlights
- The U.S. industrial fasteners market generated a revenue of USD 16,753.2 million in 2022 and is expected to reach USD 21,140.1 million by 2030.
- The U.S. market is expected to grow at a CAGR of 2.9% from 2023 to 2030.
- In terms of segment, metal was the largest revenue generating raw material in 2022.
- 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 2022 | USD 16,753.2 million |
| Market revenue in 2030 | USD 21,140.1 million |
| Growth rate | 2.9% (CAGR from 2022 to 2030) |
| Largest segment | Metal |
| Fastest growing segment | Plastic |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Metal, Plastic |
| 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, U.S. accounted for 18.3% of the global industrial fasteners market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. industrial fasteners market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 5,333.5 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Industrial Fasteners Market Scope
Industrial Fasteners Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. 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 88.87% in 2022. Horizon Databook has segmented the U.S. industrial fasteners market based on metal, plastic covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. is one of the largest fasteners importing country in the world and is likely to witness a similar trend over the forecast period on account of high product demand in automation, aerospace, and other industrial applications.
Moreover, owing to the growing demand for light weight vehicles and aircraft, companies are shifting from standard fasteners to customized fasteners, which in turn is expected to drive demand in market. The U.S. is also one of the major fastener manufacturing countries in the world and is characterized by the presence of several leading companies.
The overall market trend in the country highlights strategies such as mergers, acquisitions, joint ventures, and collaborations to strengthen a company’s business in terms of production volumes and meet the desired demand.
Reasons to subscribe to U.S. industrial fasteners market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of U.S. industrial fasteners market databook
-
Our clientele includes a mix of industrial fasteners market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. industrial fasteners market , including forecasts for subscribers. This country databook contains high-level insights into U.S. industrial fasteners market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
U.S. industrial fasteners market size, by raw material, 2018-2030 (US$M)
U.S. Industrial Fasteners Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
