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.
Global Industrial Fasteners Market Trends and Insights
Drivers Impact Analysis
| DRIVER | (~) % IMPACT ON CAGR FORECAST | GEOGRAPHIC RELEVANCE | IMPACT TIMELINE |
|---|---|---|---|
| Industrial automation equipment requiring precision micro-fasteners | +0.8% | Global – Germany, Japan, South Korea | Short term (≤ 2 years) |
| Manufacturing reshoring driving domestic industrial fastener demand | +0.6% | North America, Europe | Medium term (2-4 years) |
| Heavy machinery modernization in emerging industrial markets | +0.7% | Asia-Pacific, Latin America | Medium term (2-4 years) |
| Industry 4.0 implementation requiring smart fastening solutions | +0.5% | Global advanced manufacturing hubs | Long term (≥ 4 years) |
| Industrial infrastructure renewal programs | +0.4% | Global | Long term (≥ 4 years) |
| Precision manufacturing standards driving high-performance fasteners | +0.3% | Global – aerospace and defense | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Industrial Automation Equipment Requiring Precision Micro-Fasteners
Electronics, medical-device, and semiconductor plants now specify micro-screws that weigh a fraction of a gram yet must deliver repeatable clamp loads at cycle times below one second. Integrators such as JR Automation report micron-level placement accuracy, and this drives demand for bespoke fastening geometries, torques under 1 N·m, and advanced coatings that mitigate galling under rapid load cycles. Power-tool suppliers are responding with cordless transducer-controlled wrenches that log every tightening event and transmit data wirelessly to MES dashboards, a capability showcased in Panasonic’s AccuPulse platform. Manufacturers cite immediate quality-cost benefits, including fewer rework stations and shorter takt times, reinforcing the industrial fasteners market trajectory in high-volume automated lines. As more plants digitize, specifiers increasingly insist on fasteners that integrate ID chips for traceability and can be fed through bowl feeders without jamming. The trend has already migrated from electronics to automotive battery modules and collaborative-robot joints, ensuring sustained growth over the next two years.[1]JR Automation, “Small Parts & Micro Precision Automation,” jrautomation.com
Manufacturing Reshoring Driving Domestic Industrial Fastener Demand
Geopolitical uncertainty and pandemic-era port congestion have prompted US and EU OEMs to reevaluate total landed costs rather than unit price alone. Roughly two-thirds of fasteners consumed in the United States are now produced domestically, a reversal of the offshoring trend observed a decade earlier. Local suppliers benefit from closer engineering collaboration, lower inventory buffers, and compliance with Buy-America clauses embedded in public-infrastructure awards. Capital investment in cold-heading lines, heat-treatment furnaces, and automated sorting cells is accelerating at both regional job shops and multinational firms, lifting utilization rates across the industrial fasteners market. While labor costs remain higher than in Asia, OEMs cite freight savings and reduced obsolescence risk as decisive advantages. The reshoring dynamic is expected to maintain a positive thrust on market volumes through at least 2028, especially for medium-to-high-strength grades that favor short supply chains.
Heavy Machinery Modernization in Emerging Industrial Markets
India’s FY 2024-25 infrastructure budget of INR 11.11 trillion (USD 132.85 billion) allocates sizable sums to industrial corridors, steel plants, and smart-factory clusters, all of which intensify demand for structural bolts, nuts, and heavy hex screws. Parallel initiatives in China, fueled by a USD 75 billion infrastructure fund, are upgrading shipyards, mining equipment, and high-capacity presses that depend on M36-plus diameter fasteners. Emerging OEMs often standardize on ISO and ASTM grades, enlarging the addressable base for global suppliers with certified product lines. Modernization programs also introduce more robotics and CNC centers, which in turn require precise fastening of linear guides, ball screws, and casing covers. These developments sustain a robust pipeline for the industrial fasteners market, particularly in high-strength carbon-steel and super-alloy categories.
Industry 4.0 Implementation Requiring Smart Fastening Solutions
Connected factories now embed torque-angle sensors directly in power tools and, increasingly, in the fasteners themselves. Smart bolts with piezoelectric or MEMS sensors continuously monitor preload, alerting operators via cloud dashboards when tension drops below set thresholds. Such capability reduces unplanned downtime in conveyor lines and wind-turbine gearboxes, which historically rely on scheduled re-torque campaigns. Early adopters in Germany and Japan report double-digit drops in maintenance labor hours. Over the long term, predictive analytics applied to fastening data will feed digital-twin models, allowing OEMs to simulate joint performance under variable load profiles before metal is cut. Standards bodies are drafting data-exchange protocols that will further accelerate deployment, positioning sensor-enabled products as a core value driver for the industrial fasteners market beyond 2029.
Restraints Impact Analysis
| RESTRAINTS | (~) % IMPACT ON CAGR FORECAST | GEOGRAPHIC RELEVANCE | IMPACT TIMELINE |
|---|---|---|---|
| Advanced joining technologies substituting traditional industrial fasteners | −0.4% | Global advanced manufacturing regions | Medium term (2-4 years) |
| Raw material cost volatility affecting industrial fastener pricing | −0.3% | Global | Short term (≤ 2 years) |
| Stringent industrial certification requirements limiting market entry | −0.2% | Global | Long term (≥ 4 years) |
| Supply chain disruptions in critical industrial materials | −0.5% | Global – specialized alloys | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Advanced Joining Technologies Substituting Traditional Industrial Fasteners
High-volume equipment producers are trialing structural adhesives, laser welding, and friction-stir welding for enclosures and chassis where permanent bonds are acceptable. Hybrid designs that combine a rivet or bolt with adhesive fillets reduce component counts and improve load distribution, compelling some OEMs to specify fewer mechanical fasteners per assembly. Aluminum extrusion manufacturers are particularly active in adopting friction-stir welding for lightweight frames, eroding bolt consumption in select applications. Nonetheless, maintenance-heavy environments such as pumps, gearboxes, and process-valve assemblies still require removable joints, preserving a large core base for the industrial fasteners market. The balance between removability and weight savings will define this restraint’s real-world impact over the next three years.
Raw Material Cost Volatility Affecting Industrial Fastener Pricing
Spot prices for molybdenum hit USD 90 kg in early 2023, adding double-digit surcharges to stainless-steel fasteners used in chemical processing lines. Nickel shortages prompted OEMs to renegotiate blanket orders, while alloy surpluses signaled by the International Nickel Study Group suggest future easing. Such swings complicate budgeting for industrial MRO departments that place quarterly replenishment orders. Large buyers increasingly seek long-term price indexation clauses tied to COMEX or LME benchmarks, shifting volatility risk back to producers. Smaller job shops with limited hedging capacity face compressed margins or must absorb freight and energy price surprises. Although base-metal futures have stabilized in mid-2025, the memory of recent spikes is nudging specifiers toward dual-material qualification to ensure continuity of supply.[2]Stirlings Performance Steels, “What do skyrocketing Molybdenum prices mean for Stainless steel?” stirlings.com.au
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.
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.
Note: Segment shares of all individual segments available upon report purchase
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.
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
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Illinois Tool Works Inc.
-
Stanley Black & Decker Inc.
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Würth Group
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Fastenal Company
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Precision Castparts Corp.
- *Disclaimer: Major Players sorted in no particular order
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.
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.
| Metal | Carbon Steel |
| Alloy Steel | |
| Stainless Steel | |
| Non-Ferrous (Aluminum, Titanium, Copper) | |
| Plastic | Nylon |
| Polycarbonate | |
| PVC and Others |
| 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 |
| Automotive |
| Aerospace and Defense |
| Building and Construction |
| Industrial Machinery and Robotics |
| Home Appliances and Electronics |
| Plumbing and HVAC Products |
| Other Industrial Applications |
| OEM |
| Aftermarket / MRO |
| 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 | ||
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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