According to a recent research report titled “Industrial Fasteners Market (By Raw Material: Metal Fasteners, Plastic Fasteners; By Product: Externally Threaded Fasteners, Internally Threaded Fasteners, Non-threaded Threaded Fasteners, Aerospace Grade Fasteners; By Application: Automotive, Aerospace, Building & Construction, Industrial Machinery, Home Appliances, Lawns And Gardens, Motors And Pumps, Furniture, Plumbing Products, Others) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2032
” published by Precedence Research, the global industrial fasteners market size is projected to touch around USD 153 billion by 2032 and growing at a CAGR of 4.97% over the forecast period 2023 to 2032. This comprehensive study examines various factors and their impact on the growth of the INDUSTRIAL FASTENERS market.
Key Takeaways:
- Asia Pacific dominated the market and contributed more than 44% of revenue share in 2022.
- North America region generated more than 25% of revenue share in 2022.
- By raw materials, the metal fasteners segment dominated the market with the largest market share of 92.50% in 2022.
- By raw materials, the plastic fasteners segment is expected to expand at a fastest CAGR of 5.73% between 2023 and 2032.
- By product, the externally threaded fasteners segment dominated the market with the largest revenue share of 49% in 2022.
- By product, the non-thread fasteners segment is estimated to grow at 4.5% between 2023 and 2032.
- By application, the automotive segment accounted for the largest market share of 32% in 2022.
Growth Factor:
Anticipated market growth can be attributed to several factors, namely, the increasing population, substantial investments in the construction sector, and a rising need for industrial fasteners in the automotive and aerospace industries. In assessing the regional market development, it becomes evident that infrastructure advancements play a pivotal role. The construction industry significantly influences the demand for industrial fasteners, given their extensive application in various structures such as buildings, bridges, walls, and roofs.
Unlike other sectors, the construction field relies on standardized fasteners that undergo rigorous quality checks. Government regulations and frameworks put pressure on manufacturers to deliver products with standardized specifications and superior performance attributes. This regulatory intervention ensures that the industrial fasteners used in construction meet the necessary quality standards.
The report primarily focuses on the volume and value of the INDUSTRIAL FASTENERS market at the global, regional, and company levels. At the global level, the report analyzes historical data and future prospects to present an overview of the overall market size. Regionally, the study emphasizes key regions such as North America, Europe, the Middle East & Africa, Latin America, and others.
Furthermore, the research report provides specific segmentations based on regions (countries), companies, and all market segments. This analysis offers insights into the growth and revenue trends during the historical period of 2017 to 2032, as well as the projected period. By understanding these segments, it becomes possible to identify the significance of different factors that contribute to market growth.
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The research also highlights significant progressions in both organic and inorganic growth strategies within the global industrial fasteners market. Numerous companies are placing emphasis on new product launches, gaining product approvals, and implementing various business expansion tactics. Moreover, the report presents detailed profiles of firms operating in the industrial fasteners market, along with their respective market strategies. Additionally, the study concentrates on prominent industry participants, furnishing details such as company profiles, product offerings, financial updates, and noteworthy advancements.
Industrial Fasteners Market Report Scope
Report Coverage | Details |
Market Size in 2023 | USD 98.88 Billion |
Market Size by 2032 | USD 153 Billion |
Growth Rate from 2023 to 2032 | CAGR of 4.97% |
Largest Market | Asia Pacific |
Base Year | 2022 |
Forecast Period | 2023 to 2032 |
Segments Covered | By Raw Material, By Product, and By Application |
Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Also read: Generative AI in Industrial Design Market Size To Grow USD 1,483.36 Million by 2032
Major Key Points Covered in Report:
Executive Summary: It includes key trends of the electric vehicle fuel cell market related to products, applications, and other crucial factors. It also provides analysis of the competitive landscape and CAGR and market size of the electric vehicle fuel cell market based on production and revenue.
Production and Consumption by Region: It covers all regional markets to which the research study relates. Prices and key players in addition to production and consumption in each regional market are discussed.
Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the Electric vehicle fuel cell market.
Market Segments: This part of the report discusses product, application and other segments of the electric vehicle fuel cell market based on market share, CAGR, market size, and various other factors.
Research Methodology: This section discusses the research methodology and approach used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.
Market Key Players
The report incorporates company profiles of key players in the market. These profiles encompass vital information such as product portfolio, key strategies, and a comprehensive SWOT analysis for each player. Additionally, the report presents a matrix illustrating the presence of each prominent player, enabling readers to gain actionable insights. This facilitates a thoughtful assessment of the market status and aids in predicting the level of competition in the industrial fasteners market.
Some of the prominent players in the industrial fasteners market include
- Arconic Fastening Systems and Rings
- Acument Global Technologies, In
- ATF, Inc.
- Dokka Fasteners A S
- LISI Group – Link Solutions for Industry
- Nippon Industrial Fasteners Company (Nifco)
- Hilti Corporation
- MW Industries, Inc.
- Birmingham Fasteners and Supply, Inc.
- SESCO Industries, Inc.
Industrial Fasteners Market Segmentations
By Raw Material
- Metal Fasteners
- Plastic Fasteners
By Product
- Externally Threaded Fasteners
- Internally Threaded Fasteners
- Non-threaded Threaded Fasteners
- Aerospace Grade Fasteners
By Application
- Automotive
- Aerospace
- Building & Construction
- Industrial Machinery
- Home Appliances
- Lawns And Gardens
- Motors And Pumps
- Furniture
- Plumbing Products
- Others
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Why should you invest in this report?
This report presents a compelling investment opportunity for those interested in the global industrial fasteners market. It serves as an extensive and informative guide, offering clear insights into this niche market. By delving into the report, you will gain a comprehensive understanding of the various major application areas for industrial fasteners. Furthermore, it provides crucial information about the key regions worldwide that are expected to experience substantial growth within the forecast period of 2023-2030. Armed with this knowledge, you can strategically plan your market entry approaches.
Moreover, this report offers a deep analysis of the competitive landscape, equipping you with valuable insights into the level of competition prevalent in this highly competitive market. If you are already an established player, it will enable you to assess the strategies employed by your competitors, allowing you to stay ahead as market leaders. For newcomers entering this market, the extensive data provided in this report is invaluable, providing a solid foundation for informed decision-making.
Some of the key questions answered in this report:
- What is the size of the overall Industrial fasteners market and its segments?
- What are the key segments and sub-segments in the market?
- What are the key drivers, restraints, opportunities and challenges of the Industrial fasteners market and how they are expected to impact the market?
- What are the attractive investment opportunities within the Industrial fasteners market?
- What is the Industrial fasteners market size at the regional and country-level?
- Who are the key market players and their key competitors?
- What are the strategies for growth adopted by the key players in Industrial fasteners market?
- What are the recent trends in Industrial fasteners market? (M&A, partnerships, new product developments, expansions)?
- What are the challenges to the Industrial fasteners market growth?
- What are the key market trends impacting the growth of Industrial fasteners market?
Table of Content:
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Industrial Fasteners Market
5.1. COVID-19 Landscape: Industrial Fasteners Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Industrial Fasteners Market, By Raw Material
8.1. Industrial Fasteners Market Revenue and Volume, by Raw Material, 2023-2032
8.1.1 Metal Fasteners
8.1.1.1. Market Revenue and Volume Forecast (2020-2032)
8.1.2. Plastic Fasteners
8.1.2.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 9. Global Industrial Fasteners Market, By Product
9.1. Industrial Fasteners Market Revenue and Volume, by Product, 2023-2032
9.1.1. Externally Threaded Fasteners
9.1.1.1. Market Revenue and Volume Forecast (2020-2032)
9.1.2. Internally Threaded Fasteners
9.1.2.1. Market Revenue and Volume Forecast (2020-2032)
9.1.3. Non-threaded Threaded Fasteners
9.1.3.1. Market Revenue and Volume Forecast (2020-2032)
9.1.4. Aerospace Grade Fasteners
9.1.4.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 10. Global Industrial Fasteners Market, By Application
10.1. Industrial Fasteners Market Revenue and Volume, by Application, 2023-2032
10.1.1. Automotive
10.1.1.1. Market Revenue and Volume Forecast (2020-2032)
10.1.2. Aerospace
10.1.2.1. Market Revenue and Volume Forecast (2020-2032)
10.1.3. Building & Construction
10.1.3.1. Market Revenue and Volume Forecast (2020-2032)
10.1.4. Industrial Machinery
10.1.4.1. Market Revenue and Volume Forecast (2020-2032)
10.1.5. Home Appliances
10.1.5.1. Market Revenue and Volume Forecast (2020-2032)
10.1.6. Lawns And Gardens
10.1.6.1. Market Revenue and Volume Forecast (2020-2032)
10.1.7. Motors And Pumps
10.1.7.1. Market Revenue and Volume Forecast (2020-2032)
10.1.8. Furniture
10.1.8.1. Market Revenue and Volume Forecast (2020-2032)
10.1.9. Plumbing Products
10.1.9.1. Market Revenue and Volume Forecast (2020-2032)
10.1.10. Others
10.1.10.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 11. Global Industrial Fasteners Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)
11.1.2. Market Revenue and Volume Forecast, by Product (2020-2032)
11.1.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.1.4. U.S.
11.1.4.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)
11.1.4.2. Market Revenue and Volume Forecast, by Product (2020-2032)
11.1.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)
11.1.5.2. Market Revenue and Volume Forecast, by Product (2020-2032)
11.1.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2. Europe
11.2.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)
11.2.2. Market Revenue and Volume Forecast, by Product (2020-2032)
11.2.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2.4. UK
11.2.4.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)
11.2.4.2. Market Revenue and Volume Forecast, by Product (2020-2032)
11.2.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2.5. Germany
11.2.5.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)
11.2.5.2. Market Revenue and Volume Forecast, by Product (2020-2032)
11.2.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2.6. France
11.2.6.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)
11.2.6.2. Market Revenue and Volume Forecast, by Product (2020-2032)
11.2.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)
11.2.7.2. Market Revenue and Volume Forecast, by Product (2020-2032)
11.2.7.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3. APAC
11.3.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)
11.3.2. Market Revenue and Volume Forecast, by Product (2020-2032)
11.3.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3.4. India
11.3.4.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)
11.3.4.2. Market Revenue and Volume Forecast, by Product (2020-2032)
11.3.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3.5. China
11.3.5.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)
11.3.5.2. Market Revenue and Volume Forecast, by Product (2020-2032)
11.3.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3.6. Japan
11.3.6.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)
11.3.6.2. Market Revenue and Volume Forecast, by Product (2020-2032)
11.3.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)
11.3.7.2. Market Revenue and Volume Forecast, by Product (2020-2032)
11.3.7.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4. MEA
11.4.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)
11.4.2. Market Revenue and Volume Forecast, by Product (2020-2032)
11.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4.4. GCC
11.4.4.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)
11.4.4.2. Market Revenue and Volume Forecast, by Product (2020-2032)
11.4.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4.5. North Africa
11.4.5.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)
11.4.5.2. Market Revenue and Volume Forecast, by Product (2020-2032)
11.4.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4.6. South Africa
11.4.6.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)
11.4.6.2. Market Revenue and Volume Forecast, by Product (2020-2032)
11.4.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)
11.4.7.2. Market Revenue and Volume Forecast, by Product (2020-2032)
11.4.7.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.5. Latin America
11.5.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)
11.5.2. Market Revenue and Volume Forecast, by Product (2020-2032)
11.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.5.4. Brazil
11.5.4.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)
11.5.4.2. Market Revenue and Volume Forecast, by Product (2020-2032)
11.5.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Volume Forecast, by Raw Material (2020-2032)
11.5.5.2. Market Revenue and Volume Forecast, by Product (2020-2032)
11.5.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)
Chapter 12. Company Profiles
12.1. Arconic Fastening Systems and Rings
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Acument Global Technologies, In
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. ATF, Inc.
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Dokka Fasteners A S
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. LISI Group – Link Solutions for Industry
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Nippon Industrial Fasteners Company (Nifco)
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Hilti Corporation
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. MW Industries, Inc.
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Birmingham Fasteners and Supply, Inc.
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. SESCO Industries, Inc.
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
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