November 12, 2024

Industrial Fasteners Market Size To Gain USD 153 Bn by 2032

The industrial fasteners market size is poised to grow by USD 153 billion by 2032 from USD 94.2  billion in 2022, exhibiting a CAGR of 4.97% during the forecast period 2023-2032. 

Industrial Fasteners Market Size 2023 To 2032

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.

Precedence Research has conducted a comprehensive market study that provides valuable insights into the performance of the market during the forecast period. The study identifies significant trends that are shaping the growth of the Industrial fasteners market. In this recently published report, essential dynamics such as drivers, restraints, and opportunities are highlighted for both established market players and emerging participants involved in production and supply.

To begin with, the Industrial fasteners Market report features an executive summary that offers a concise overview of the marketplace. It outlines the key players and industry categories expected to have an impact on the market in the coming years. The executive summary provides an unbiased summary of the market.

Get a Sample Reporthttps://www.precedenceresearch.com/sample/3137

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

Read More: Generative AI in Industrial Design Market Size To Gain USD 1,483.36 Mn by 2032

The empirical study on the global Industrial fasteners market primarily focuses on the drivers in subsequent sections. It demonstrates how changing demographics are projected to influence the supply and demand dynamics in the Industrial fasteners Market. Our market report for the Industrial fasteners market also delves into the significant rules and regulations that are likely to impact the future growth of this sector. Moreover, in order to comprehend the underlying demand factors, industry experts have provided insights into its fundamental origins.

Regional  Snapshot:

In 2022, the Asia Pacific region emerged as the dominant force in the market, boasting the highest market revenue. This trend is projected to continue throughout the forecast period. The region’s remarkable growth can be attributed to several factors, including the burgeoning population and the subsequent need for residential buildings, particularly in populous countries such as India and China. Moreover, various infrastructural developments in the region have also contributed significantly to the increased demand for industrial fasteners. As industrial development continues to soar in Asia Pacific, the demand for these fasteners is expected to receive a further boost.

Looking ahead to 2023, Asia Pacific is anticipated to hold a commanding 54% share of global sales. The growth trajectory in the region is particularly strong, with notable expectations for China, India, and Southeast Asia during this year.

Top Key Players:

  • 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.

Data Sources and Methodology

To gather comprehensive insights on the Global Industrial fasteners Market, we relied on a range of data sources and followed a well-defined methodology. Our approach involved interactions with industry experts and key stakeholders across the market’s value chain, including management organizations, processing organizations, and analytics service providers.

We followed a rigorous data analysis process to ensure the quality and credibility of our research. The gathered information was carefully evaluated, and relevant quantitative data was subjected to statistical analysis. By employing robust analytical techniques, we were able to derive meaningful insights and present a comprehensive overview of the Global Industrial fasteners Market.

The most resonating, simple, genuine, and important causes because of which you must decide to buy the Industrial fasteners market report exclusively from precedence research

  • The research report has been meticulously crafted to provide comprehensive knowledge on essential marketing strategies and a holistic understanding of crucial marketing plans spanning the forecasted period from 2023 to 2032.

Key Features of the Report:

  • Comprehensive Coverage: The report extensively encompasses a detailed explanation of highly effective analytical marketing methods applicable to companies across all industry sectors.
  • Decision-Making Enhancement: It outlines a concise overview of the decision-making process while highlighting key techniques to enhance it, ensuring favorable business outcomes in the future.
  • Articulated R&D Approach: The report presents a well-defined approach to conducting research and development (R&D) activities, enabling accurate data acquisition on current and future marketing conditions.

Industrial Fasteners Market Segmentation:

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

Reasons to Consider Purchasing the Report:

  • Enhance your market research capabilities by accessing this comprehensive and precise report on the global Industrial fasteners market.
  • Gain a thorough understanding of the overall market landscape and be prepared to overcome challenges while ensuring robust growth.
  • Benefit from in-depth research and analysis of the latest trends shaping the global Industrial fasteners market.
  • Obtain detailed insights into evolving market trends, current and future technologies, and strategic approaches employed by key players in the global Industrial fasteners market.
  • Receive valuable recommendations and guidance for both new entrants and established players seeking further market expansion.
  • Discover not only the cutting-edge technological advancements in the global Industrial fasteners market but also the strategic plans of industry leaders.

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

About Us:

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