Market Share of Industrial Fasteners Industry
The industrial fasteners market is fragmented and consists of some influential players. Some of these important actors currently manage the market in terms of market share. These significant players with a noticeable share in the market concentrate on expanding their customer base across foreign countries. These businesses leverage strategic collaborative actions to improve their market percentage and profitability. Some key market players include LISI Group, Nifco Inc., Acument Global Technologies, Inc., Hilti Corporation, etc.
In July 2023, Triangle Fastener Corporation (TFC) announced the acquisition of Connective Systems & Supply, Inc. (CSS). In particular, the company acquired the segment of CSS’s business primarily focused on fasteners for metal building, roofing, and mechanical contractors.
In April 2022, LindFast Solutions Group (LSG), a major distributor of specialty fasteners in North America, announced the completion of its purchase of Toronto-based Fasteners and Fittings, Inc. (F&F), which has a leading position in imperial, metric, and stainless steel fasteners market.
Industrial Fasteners Market Leaders
Acument Global Technologies, Inc.
Arconic Corporation
LISI Group
Nifco Inc.
Hilti Corporation
*Disclaimer: Major Players sorted in no particular order
