The global industrial fasteners market size was estimated at USD 99.63 billion in 2024 and is projected to reach USD 131.45 billion by 2030, growing at a CAGR of 4.8% from 2025 to 2030. Market growth is anticipated to be supported by multiple factors, including a steadily growing global population, substantial investments in the construction sector, and increasing demand for industrial fasteners in major end-use industries such as automotive and aerospace. As manufacturing activities expand and infrastructure projects continue to rise, the need for reliable fastening solutions is expected to accelerate.

Infrastructure development remains one of the most important indicators when evaluating regional market progress. The construction industry significantly influences the overall demand for industrial fasteners, as these components are essential for structural stability in buildings, bridges, walls, roofs, and other engineered structures. Fasteners used in construction are highly standardized and must meet rigorous quality and safety requirements. Government regulations and certification frameworks compel manufacturers to produce fasteners that adhere to strict performance standards, ensuring durability, safety, and consistency across all applications.

The U.S. is one of the largest importers of fasteners globally and is expected to maintain this trend throughout the forecast period. The country's high product demand is driven by diversified industrial applications, including automation, aerospace, machinery, and transportation. Additionally, the increasing need for lightweight vehicles and aircraft has prompted manufacturers to transition from standard fasteners to customized, high-performance variants. This shift is contributing to the growing U.S. fastener market, particularly in sectors prioritizing weight reduction, fuel efficiency, and enhanced performance.

The industrial fasteners market is also being shaped by intensive technological advancements aimed at producing advanced and lightweight fastening products suitable for modern automotive and industrial applications. As technology continues to evolve, the demand for hybrid fasteners—which combine injection-molded plastic components with metal elements—is rising. These innovative products offer advantages such as reduced weight, improved flexibility, and better integration with modern materials, making them increasingly attractive to manufacturers across multiple industries. The ongoing adoption of such advanced fastening solutions is expected to significantly support market growth in the coming years.

Key Market Trends & Insights:

• Asia Pacific held the largest global revenue share of 44.6% in 2024, highlighting the region’s strong industrial base, expanding manufacturing activities, and increasing adoption of advanced fastening solutions. Within this regional landscape, India is growing at a CAGR of 8.4% over the forecast period of 2025 to 2030, driven by rapid infrastructure development, rising automotive production, and supportive government initiatives that continue to strengthen market demand.

• From a raw material perspective, the metal fasteners segment held the largest market share of 91.1% in 2024, reflecting its high strength, durability, and wide applicability across construction, automotive, machinery, and industrial sectors. In terms of distribution channels, the direct segment dominated the market with a revenue share of 60.1% in 2024, indicating strong manufacturer–customer relationships and the growing preference for tailored solutions and bulk procurement.

• Based on product type, the externally threaded fasteners segment held the largest revenue share of 48% in 2024, driven by their extensive use in heavy machinery, automotive components, and structural applications. Furthermore, within the type category, the bolts segment held the largest market share of 31.3% in 2024, underscoring their critical role in ensuring secure and reliable assembly across diverse industrial operations.

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Market Size & Forecast:

• 2024 Market Size: USD 99.63 Billion

• 2030 Projected Market Size: USD 131.45 Billion

• CAGR (2025-2030): 4.8%

• Asia Pacific: Largest market in 2024

Key Companies & Market Share Insights:

Some of the key players operating in the market include Illinois Tool Works, Inc., Arconic Fastening Systems and Rings, Hilti Corporation, LISI Group - Link Solutions for Industry, and Nifco Inc. These companies contribute significantly to the competitive landscape through their diversified product portfolios, global presence, and continuous focus on innovation.

• Arconic Fastening Systems and Rings is a prominent fastener manufacturing company that was formerly a part of Alcoa, Inc., a U.S.-based organization established in 1888. The company underwent a structural separation in November 2006, allowing it to operate independently and strengthen its market position. Arconic Fastening Systems and Rings maintains an extensive international footprint, with a presence in 20 countries, including major markets such as China, Brazil, Canada, Japan, and Russia. Its product offerings are marketed under well-known brand names such as Camloc, Delron, Huck, Kaynar, K-Fast, Linread, Mairoll, Marson, Mecaero, Microdot, and North Bridge, reflecting its wide-ranging capabilities and long-standing industry reputation.

• Hilti Corporation provides a broad spectrum of construction and fastening products, including rotary hammer drills, diamond cutting & grinding systems, expansion & sleeve anchors, electric screwdrivers, and support brackets for piping & ductwork. Fasteners are manufactured under its specialized anchor systems division. Hilti has a strong global reach with operations in over 120 countries, and its manufacturing units are strategically located across Liechtenstein, Austria, Germany, China, Hungary, Mexico, and the U.S., enabling efficient distribution and supply-chain strength.

In addition to the established players, several companies such as Acument Global Technologies, Inc., ATF, Inc., Birmingham Fastener and Supply, Inc., and SESCO Industries, Inc. are emerging participants contributing to the market’s growth through product innovation and strategic expansion.

• Acument Global Technologies offers comprehensive fastening and assembly solutions and has a presence in over 35 countries. The company operates through 10 manufacturing facilities and multiple distribution locations strategically positioned across three continents, including North America, Europe, and Asia Pacific. Its product portfolio spans three primary segments: engineered fastening systems, externally threaded fastening systems, and internally threaded fastening systems, allowing it to serve a diverse range of applications.

• ATF, Inc. operates through eight offices and nine manufacturing units located across Europe, North America, and Asia. The company’s product offering includes cold-formed specials, anchors, formed & rolled parts, thread-forming fasteners for metals, thread-forming fasteners for plastics, engineered fasteners for lightweighting applications, and mechanism & assemblies fasteners, reflecting its capability to cater to different industry needs.

Key Players

• 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.

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Conclusion:

The industrial fasteners market is expected to grow steadily, driven by rising infrastructure investment, expanding automotive and aerospace industries, and technological innovations that support lightweight and hybrid fastener designs. Metal fasteners continue to dominate, but plastic and smart fasteners are gaining traction. While the market remains fragmented and competitive, growing demand in emerging regions and increasing customization provide significant growth opportunities.