Industrial Fasteners Market Size and Share

Industrial Fasteners Market (2025 - 2030)
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Industrial Fasteners Market Analysis by Mordor Intelligence

The industrial fasteners market size is valued at USD 88.38 billion in 2025 and is forecast to reach USD 108.88 billion in 2030, expanding at a 4.26% CAGR over the period. Demand is supported by manufacturing automation, heavy-machinery upgrades, and precision-assembly requirements that call for reliable, high-strength joints across complex equipment. Adoption of Industry 4.0 platforms is accelerating the use of smart, sensor-enabled fasteners that capture torque and preload data, helping manufacturers cut downtime and enhance traceability. Reshoring and localization strategies are reinforcing the industrial fasteners market by shortening lead times and reducing exposure to global logistics risks. Meanwhile, rising investment in infrastructure renewal and industrial capacity expansions in Asia and North America underpins a steady flow of large-volume orders for structural and specialty products.

Key Report Takeaways

  • By raw material, metal fasteners held 92% of the industrial fasteners market share in 2024, while plastic fasteners are projected to advance at a 6.8% CAGR to 2030.
  • By product, externally threaded fasteners captured 45% revenue share in 2024; aerospace-grade units are forecast to expand at a 6.0% CAGR through 2030.
  • By application, industrial machinery and robotics accounted for 38% of the industrial fasteners market size in 2024, and the segment is poised for the fastest CAGR at 7.3% between 2025-2030.
  • By sales channel, the OEM segment commanded 67% share of the industrial fasteners market size in 2024; aftermarket demand is accelerating at a 7.1% CAGR to 2030.
  • By geography, Asia led with 45% of industrial fasteners market share in 2024; the region is set to post a 7.5% CAGR over the forecast horizon.

Segment Analysis

By Raw Material: Metal Dominance Paired with Polymer Momentum

Metal fasteners held 92% of 2024 revenue as heavy-duty machinery, industrial robots, and press lines demanded tensile strengths above 800 MPa. Stainless-steel grades such as AISI 316 captured a premium niche in food processing and pharmaceutical autoclaves where corrosion resistance is paramount. Alloy-steel and carbon-steel bolts remain the default choices for structural frames, gearbox casings, and furnace doors, underpinning the industrial fasteners market. Titanium and nickel-alloy specialty items serve turbine housings and petrochemical reactors, yet supply constraints tied to sponge production cause periodic lead-time extensions. These dynamics underpin a metal segment that, while mature, continues to accrue incremental gains from capacity expansions in emerging economies.

Plastic fasteners, though only 8% of volume, are scaling quickly on a 6.8% CAGR through 2030. Nylon screws are now routine in PLC cabinets and LED driver housings, where dielectric strength and chemical inertness add value. Polycarbonate clips secure sensor modules in AGV fleets because they resist impact and allow simplified recycling at end-of-life. Fast-growing demand for lightweight enclosures in smart-meter assemblies further propels polymer uptake. As automation spreads across clean-room industries, engineers are turning to PVDF and PEEK fasteners to eliminate particulate shedding. Consequently, the industrial fasteners market size for plastic variants is projected to approach USD 9 billion by 2030, highlighting a clear diversification trend across material portfolios.

Industrial Fasteners Market: Market Share by Raw Material
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By Product: Threaded Staples and Aerospace-Grade Outliers

Externally threaded products—bolts, screws, studs—delivered 45% of industrial fasteners market revenue in 2024. Bolts exceeding M24 diameter dominate crane, press, and extruder assemblies, while machine screws below M6 secure servo-motor mounts and linear actuators. The segment benefits from International Organization for Standardization (ISO) harmonization, which simplifies stocking strategies for multinational OEMs. Interchangeability also supports automatic bin-filling systems that underpin lean manufacturing, reinforcing high-volume growth in the industrial fasteners market.

Aerospace-grade fasteners, although a small slice of shipments, are advancing at 6.0% CAGR. In industrial gas turbines and high-precision machine tools, super-alloy bolts resist cyclical thermal loads exceeding 650 °C. Vibration-resistant configurations—such as shank-grip bolts with prevailing-torque nuts—bring transfer value from aerospace to high-cycle press slides. As defense contracts ramp, suppliers with NADCAP-certified heat-treatment and lab facilities enjoy premium pricing. The industrial fasteners market size for aerospace-grade variants is projected to add USD 1.4 billion by 2030, reflecting broader acceptance of high-performance joints in mission-critical industrial settings.

By Application: Machinery Uplift and Infrastructure Backbone

Industrial machinery and robotics generated 38% of 2024 revenues, supported by surging installations of articulated robots and multi-axis CNC centers. Servo-drive housings, planetary gearboxes, and tool-changer carousels each incorporate hundreds of fasteners that must withstand harmonic loads. Precision micro-fasteners used in pick-and-place heads feature diameters under 2 mm and are manufactured to tolerances of ± 25 µm, illustrating the sophistication required to maintain uptime in lights-out factories. Consequently, the industrial fasteners market continues to benefit from the automation capex cycle.

Building and construction maintains a sturdy share through anchor bolts, shear studs, and seismic-rated assemblies found in industrial plant structures. Expansion of data centers and battery-cell gigafactories intensifies demand for seismic-qualified heavy-hex bolts in racking systems, reinforcing baseline volumes even during cyclical lulls in machinery orders. Elsewhere, appliance and electronics factories deploy thread-forming screws for sheet-metal stamping operations, a niche forecast to post mid-single-digit growth as e-mobility chargers and smart-home devices proliferate.

Industrial Fasteners Market: Market Share by Application
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By Sales Channel: OEM Critical Mass and Aftermarket Agility

OEM relationships account for 67% of industrial fasteners market transactions, driven by design-in approvals that can lock products into assembly lines for a decade. Suppliers often provide joint-design assistance, FEA simulations, and PPAP documentation as part of value-added engineering services. Tight coupling between OEMs and suppliers minimizes warranty claims and inventory deviations, reinforcing repeat-order patterns that underpin stable revenue streams.

Aftermarket sales, covering maintenance, repair, and overhaul (MRO), are expanding at a 7.1% CAGR. Distribution giants bundle vendor-managed inventory, vending machines, and kitting services to reduce line-side stockouts. Fastenal’s Q1 2025 report highlighted double-digit e-commerce growth among industrial customers, a signal of rising digital adoption for MRO replenishment. Because repair cycles for stamping presses or assembly robots can trigger large one-off orders, margin realization in the aftermarket often surpasses OEM levels. As industrial infrastructure ages, the industrial fasteners market share of aftermarket channels is expected to climb incrementally toward 35% by 2030.[3] Fastenal Company, “Fastenal Company Reports 2025 First Quarter Earnings,” investor.fastenal.com

Geography Analysis

Asia generated 45% of global revenue in 2024 and is projected to expand at 7.5% CAGR on the back of manufacturing upgrades across China, India, and ASEAN nations. Fiscal incentives for robotics adoption, combined with large-scale industrial park developments, funnel steady orders into both high-volume carbon-steel and premium stainless-steel categories. China’s localization of semiconductor equipment drives specialty demand for ultra-clean, particle-free fasteners, while India’s Make-in-India policy pushes local production of heavy machinery that relies on large-diameter bolts. Collectively, these projects elevate the industrial fasteners market across tier-one and regional suppliers.

North America remains a critical node, supported by defense procurement, energy-infrastructure modernization, and reshoring of automotive and electronics assembly. US OEMs have ramped domestic fastener sourcing to mitigate logistics shocks and currency swings. Emerging hubs in Mexico supply fasteners for light-vehicle platforms and consumer-electronics final assembly, leveraging proximity to US buyers. Canada retains momentum through resource extraction equipment that demands extreme-temperature fasteners in mining shovels and oil-sands processing lines. Overall, stable project pipelines maintain mid-single-digit gains in the regional industrial fasteners market.

Europe contributes robust value through Germany’s precision-machinery sector, Italy’s machine-tool exports, and France’s aerospace supply chain. Regulatory frameworks that prioritize sustainability encourage material traceability and closed-loop recycling, motivating suppliers to adopt QR-coded identification and reclaimed-metal content. Post-Brexit complexity has redirected some supply flows toward continental hubs, but UK offshore-wind installations sustain niche demand for galvanized structural bolts. With Industry 4.0 adoption accelerating, the region’s industrial fasteners market is forecast to register a 3.8% CAGR through 2030.

Industrial Fasteners Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The industrial fasteners market is fragmented, with more than 2,000 active producers worldwide. Illinois Tool Works, LISI, and Stanley Engineered Fastening collectively account for roughly 15% of global revenue, yet each focuses on specific end-use clusters, leaving ample headroom for regional specialists. Certification barriers are higher in aerospace and nuclear segments, where top-tier players guard share through proprietary alloys and vertical integration. Conversely, general-purpose commodity segments face intense price competition, prompting smaller firms to pursue application expertise and rapid delivery to differentiate.

M&A activity is accelerating as manufacturers seek process know-how and regional footprints. Recent acquisitions by Fontana Gruppo and Bossard illustrate a pivot toward high-precision and Industry 4.0-compatible SKUs. Capital expenditures are skewing toward automated multi-station cold formers, vision-based inspection, and lights-out packaging cells to offset labor constraints and ensure lot-traceability. Suppliers able to integrate torque-recording software and cloud dashboards directly into their hardware stacks are winning pilot projects at advanced factories, a trend expected to crystallize into standard bid requirements by 2027.

Sustainability agendas influence strategy as well. Producers in Europe are piloting electric-powered furnaces and hydrogen annealing to slash Scope 1 emissions, responding to OEM mandates for low-carbon supply chains. Meanwhile, North American firms prioritize reshoring to capture infrastructure spending tied to local-content rules. Across all regions, inventory pooling via digital platforms is emerging, allowing mid-sized distributors to offer 24-hour dropship on thousands of part numbers, thereby compressing lead times for buyers and intensifying competition in the industrial fasteners market.

Industrial Fasteners Industry Leaders

  1. Illinois Tool Works Inc.

  2. Stanley Black & Decker Inc.

  3. Würth Group

  4. Fastenal Company

  5. Precision Castparts Corp.

  6. *Disclaimer: Major Players sorted in no particular order
Industrial Fasteners Market Concentration
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Recent Industry Developments

  • January 2025: Birmingham Fastener acquired Anchor Bolt and Supply, expanding coverage in oil and gas and renewable-energy projects.
  • February 2025: GE Vernova pledged USD 600 million for US manufacturing capacity, signaling future demand for structural and specialty fasteners.
  • March 2025: Fontana Gruppo purchased a 60% stake in Right Tight Fasteners for USD 114 million to strengthen its Indian footprint.
  • June 2025: Fontana Gruppo took over MNP, adding capacity for heavy-machinery fasteners in Europe.

Table of Contents for Industrial Fasteners Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Automotive Electrification Boosting Demand for Battery-Ready Fasteners
    • 4.2.2 Seismic-Resistant Building Codes Driving High-Strength Structural Bolts
    • 4.2.3 Offshore Wind Installations Requiring Large-Diameter Corrosion-Resistant Bolts
    • 4.2.4 Localization of Aerospace Fastener Supply Chains
    • 4.2.5 Precision Micro-Fasteners for Industrial Automation Equipment
    • 4.2.6 Infrastructure Stimulus Programs in Emerging Economies
  • 4.3 Market Restraints
    • 4.3.1 Adhesives and Tapes Substituting Metal Fasteners in Interior Modules
    • 4.3.2 Volatile Nickel/Molybdenum Prices Inflating Stainless-Steel Costs
    • 4.3.3 Certification Burden (AS9100, IATF 16949) for Small Manufacturers
    • 4.3.4 Titanium Alloy Shortages Limiting Aerospace Fastener Capacity
  • 4.4 Value / Supply-Chain Analysis
  • 4.5 Regulatory and Technological Outlook
  • 4.6 Porter's Five Forces Analysis
    • 4.6.1 Bargaining Power of Suppliers
    • 4.6.2 Bargaining Power of Consumers
    • 4.6.3 Threat of New Entrants
    • 4.6.4 Threat of Substitutes
    • 4.6.5 Intensity of Competitive Rivalry

5. MARKET SIZE AND GROWTH FORECASTS (VALUE, USD BN)

  • 5.1 By Raw Material
    • 5.1.1 Metal
    • 5.1.1.1 Carbon Steel
    • 5.1.1.2 Alloy Steel
    • 5.1.1.3 Stainless Steel
    • 5.1.1.4 Non-Ferrous (Aluminum, Titanium, Copper)
    • 5.1.2 Plastic
    • 5.1.2.1 Nylon
    • 5.1.2.2 Polycarbonate
    • 5.1.2.3 PVC and Others
  • 5.2 By Product
    • 5.2.1 Externally Threaded Fasteners
    • 5.2.1.1 Bolts
    • 5.2.1.2 Screws
    • 5.2.1.3 Studs
    • 5.2.2 Internally Threaded Fasteners
    • 5.2.2.1 Nuts
    • 5.2.2.2 Inserts
    • 5.2.3 Non-Threaded Fasteners
    • 5.2.3.1 Rivets
    • 5.2.3.2 Washers
    • 5.2.3.3 Pins and Clips
    • 5.2.4 Aerospace-Grade Fasteners
    • 5.2.4.1 Titanium Fasteners
    • 5.2.4.2 Super-Alloy Fasteners
  • 5.3 By Application
    • 5.3.1 Automotive
    • 5.3.2 Aerospace and Defense
    • 5.3.3 Building and Construction
    • 5.3.4 Industrial Machinery and Robotics
    • 5.3.5 Home Appliances and Electronics
    • 5.3.6 Plumbing and HVAC Products
    • 5.3.7 Other Industrial Applications
  • 5.4 By Sales Channel
    • 5.4.1 OEM
    • 5.4.2 Aftermarket / MRO
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.2 Europe
    • 5.5.2.1 United Kingdom
    • 5.5.2.2 Germany
    • 5.5.2.3 France
    • 5.5.2.4 Italy
    • 5.5.2.5 Rest of Europe
    • 5.5.3 Asia-Pacific
    • 5.5.3.1 China
    • 5.5.3.2 Japan
    • 5.5.3.3 India
    • 5.5.3.4 South Korea
    • 5.5.3.5 Rest of Asia-Pacific
    • 5.5.4 Middle East
    • 5.5.4.1 Israel
    • 5.5.4.2 Saudi Arabia
    • 5.5.4.3 United Arab Emirates
    • 5.5.4.4 Turkey
    • 5.5.4.5 Rest of Middle East
    • 5.5.5 Africa
    • 5.5.5.1 South Africa
    • 5.5.5.2 Egypt
    • 5.5.5.3 Rest of Africa
    • 5.5.6 South America
    • 5.5.6.1 Brazil
    • 5.5.6.2 Argentina
    • 5.5.6.3 Rest of South America

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
    • 6.4.1 Acument Global Technologies, Inc.
    • 6.4.2 Arconic Corporation
    • 6.4.3 LISI Group
    • 6.4.4 Nifco Inc.
    • 6.4.5 Hilti Corporation
    • 6.4.6 Stanley Black and Decker, Inc.
    • 6.4.7 MacLean-Fogg Company
    • 6.4.8 MISUMI Group Inc.
    • 6.4.9 Precision Castparts Corp.
    • 6.4.10 SFS Group
    • 6.4.11 Illinois Tool Works Inc.
    • 6.4.12 Fastenal Company
    • 6.4.13 Wurth Group
    • 6.4.14 Bossard Group
    • 6.4.15 PennEngineering
    • 6.4.16 Bulten AB
    • 6.4.17 KAMAX Holding GmbH
    • 6.4.18 Sundram Fasteners Ltd.
    • 6.4.19 Shanghai Prime Machinery Co. Ltd.
    • 6.4.20 TriMas Corporation
    • 6.4.21 Nitto Seiko Co., Ltd.

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-Space and Unmet-Need Assessment
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Global Industrial Fasteners Market Report Scope

Industrial fasteners are components that join two or more objects permanently or semi-permanent. They include nuts and bolts, threaded rods, structural bolts, machine screws, wedge anchors, washers, rivets, and more in various types and sizes. The market scope includes a detailed analysis of the use of industrial fasteners in the automotive, aerospace, building and construction, industrial machinery, home appliances, and plumbing product segments.

The global industrial fasteners market is segmented by raw material type (metal, plastic), by product type (externally threaded fasteners, internally threaded fasteners, non-threaded fasteners, aerospace grade fasteners), by application (automotive, aerospace, building and construction, industrial machinery, home appliances, plumbing products) and by geography (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa). 

The market sizes and forecasts are in terms of value (USD) for all the above segments.

By Raw Material
Metal Carbon Steel
Alloy Steel
Stainless Steel
Non-Ferrous (Aluminum, Titanium, Copper)
Plastic Nylon
Polycarbonate
PVC and Others
By Product
Externally Threaded Fasteners Bolts
Screws
Studs
Internally Threaded Fasteners Nuts
Inserts
Non-Threaded Fasteners Rivets
Washers
Pins and Clips
Aerospace-Grade Fasteners Titanium Fasteners
Super-Alloy Fasteners
By Application
Automotive
Aerospace and Defense
Building and Construction
Industrial Machinery and Robotics
Home Appliances and Electronics
Plumbing and HVAC Products
Other Industrial Applications
By Sales Channel
OEM
Aftermarket / MRO
By Geography
North America United States
Canada
Mexico
Europe United Kingdom
Germany
France
Italy
Rest of Europe
Asia-Pacific China
Japan
India
South Korea
Rest of Asia-Pacific
Middle East Israel
Saudi Arabia
United Arab Emirates
Turkey
Rest of Middle East
Africa South Africa
Egypt
Rest of Africa
South America Brazil
Argentina
Rest of South America
By Raw Material Metal Carbon Steel
Alloy Steel
Stainless Steel
Non-Ferrous (Aluminum, Titanium, Copper)
Plastic Nylon
Polycarbonate
PVC and Others
By Product Externally Threaded Fasteners Bolts
Screws
Studs
Internally Threaded Fasteners Nuts
Inserts
Non-Threaded Fasteners Rivets
Washers
Pins and Clips
Aerospace-Grade Fasteners Titanium Fasteners
Super-Alloy Fasteners
By Application Automotive
Aerospace and Defense
Building and Construction
Industrial Machinery and Robotics
Home Appliances and Electronics
Plumbing and HVAC Products
Other Industrial Applications
By Sales Channel OEM
Aftermarket / MRO
By Geography North America United States
Canada
Mexico
Europe United Kingdom
Germany
France
Italy
Rest of Europe
Asia-Pacific China
Japan
India
South Korea
Rest of Asia-Pacific
Middle East Israel
Saudi Arabia
United Arab Emirates
Turkey
Rest of Middle East
Africa South Africa
Egypt
Rest of Africa
South America Brazil
Argentina
Rest of South America
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Key Questions Answered in the Report

How large is the industrial fasteners market in 2025?

The market stands at USD 88.38 billion in 2025 and is projected to reach USD 108.88 billion by 2030 at a 4.26% CAGR.

Which raw-material segment is growing the fastest?

Plastic fasteners, led by nylon and polycarbonate grades, are expanding at a 6.8% CAGR as automation and electronics applications prioritize weight savings and electrical insulation.

What makes Asia the leading region?

Robust manufacturing expansions in China, India, Japan, and South Korea, combined with aggressive automation adoption, give Asia a 45% revenue share and a 7.5% CAGR outlook.

How are Industry 4.0 trends influencing fastener design?

Smart, sensor-equipped fasteners allow real-time preload monitoring and data logging, supporting predictive maintenance and digital-twin simulations in advanced factories.

Why is the aftermarket segment growing faster than OEM sales?

Aging industrial infrastructure and shorter maintenance intervals drive higher demand for MRO fasteners, resulting in a 7.1% CAGR for the aftermarket channel.

What risks could restrain market growth?

Adoption of alternative joining methods, raw-material price swings, and stringent certification standards pose the most notable headwinds over the forecast period.

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