Industrial Fasteners Market To Reach $153.71 Billion By 2033

Industrial Fasteners Market Growth & Trends

The global industrial fasteners market size is expected to reach USD 153.71 billion by 2033, registering a CAGR of 5.1% from 2026 to 2033, according to a new report by Grand View Research, Inc. The market is anticipated to be driven by factors such as the increasing population, significant investments in the construction industry, and rising demand in industries like aerospace and automotive.

Industrial fasteners are available in two major types: metal and plastic. Metal fasteners dominate the industry; however, they are expected to witness lower growth than their counterparts owing to the increasing penetration of materials like plastic in applications such as aerospace and automotive due to their high corrosion resistance and lightweight characteristics.

The market is highly competitive due to the presence of many manufacturers. A major challenge faced by the competitors is the fluctuation of raw material prices; hence, a high degree of backward and forward integration is likely to be observed among the major players in the market. This will further intensify the market rivalry and competition, making it difficult for emerging players to sustain themselves.

The growth of building & construction industry and product penetration in the market directly influence the demand for industrial fasteners. Asia Pacific is expected to witness the highest growth owing to the rapid expansion and magnitude of the construction industry in countries such as India and China. The growing population and high investments in the construction sector are the key factors driving the construction industry in these countries, which, in turn, is projected to boost the market growth over the forecast period.

Major industrial fastener manufacturing companies are established in North America and Asia Pacific; as a result, the global supply shortage for industrial fasteners provides a great business opportunity for players in these regions. Asia Pacific is expected to be the preferred market for fastener manufacturers due to high product demand and lower costs associated with raw materials, labor, land, and power.

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Industrial Fasteners Market Report Highlights

• The market growth stage is medium, and the pace of the market growth is accelerating. The industrial fasteners market is fragmented and highly competitive in nature, with various large and small-scale manufacturers in China, Taiwan, Thailand, and Japan

• Metal fasteners accounted for the largest market share of 91.0% in 2025. It includes various materials such as stainless steel, bronze, cast iron, superalloys, and titanium

• Metal fasteners accounted for the largest market share of 91.0% in 2025. It includes various materials such as stainless steel, bronze, cast iron, superalloys, and titanium

• Externally threaded fasteners accounted for the largest revenue share of 48.1% in 2025. Bolts and screws are the most widely utilized type of externally threaded fasteners

• The automotive segment accounted for the largest revenue share in 2025. High production volumes of automotive vehicles across the Asia Pacific have been a key factor driving industry growth over the past few years

• The industrial fasteners industry in the Asia Pacific accounted for the largest revenue market share with 45.1% in 2025

Industrial Fasteners Market Segmentation

Grand View Research has segmented the global industrial fasteners market report based on raw material, product, application, distribution channel, type, and region:

Industrial Fasteners Raw Material Outlook (Revenue, USD Million, 2021 - 2033)

• Metal fasteners

• Plastic Fasteners

Industrial Fasteners Product Outlook (Revenue, USD Million, 2021 - 2033)

• Externally Threaded Fasteners

• Internally Threaded Fasteners

• Non-threaded Threaded Fasteners

• Aerospace Grade Fasteners

Industrial Fasteners Application Outlook (Revenue, USD Million, 2021 - 2033)

• Automotive

• Aerospace

• Building & Construction

• Industrial Machinery

• Home appliances

• Lawns and gardens

• Motors and pumps

• Furniture

• Plumbing products

• Other Applications

Industrial Fasteners Distribution Channel Outlook (Revenue, USD Million, 2021 - 2033)

• Direct

• Indirect

Industrial Fasteners Type Outlook (Revenue, USD Million, 2021 - 2033)

• Bolts

• Screws

• Nuts

• Washers

• Rivets

• Other Types

Industrial Fasteners Regional Outlook (Revenue, USD Million, 2021 - 2033)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • Spain

  • France

• Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Malaysia

  • Indonesia

  • Thailand

• Central & South America

  • Brazil

• Middle East & Africa

  • Saudi Arabia

List of Key Players in Industrial Fasteners Market

• Illinois Tool Works, Inc.

• Arconic Fastening Systems and Rings

• Hilti Corporation

• LISI Group - Link Solutions for Industry

• Nifco Inc

• MW Industries, Inc.

• Birmingham Fastener and Supply, Inc.

• SESCO Industries, Inc.,

• Elgin Fastener Group LLC

• Slidematic

• Dokka Fasteners A S

• Manufacturing Associates, Inc.

• Eastwood Manufacturing

• Acument Global Technologies, Inc.

• ATF, Inc.