Industrial Fasteners Market Size Worth USD 146.83 Billion by 2034 | CAGR: 4.40%

The global industrial fasteners market size is expected to reach USD 146.83 billion by 2034, according to a new study by Polaris Market Research. The report “Industrial Fasteners Market Size, Share, Trends, Industry Analysis Report: By Product (Clamps, Cable Ties, Nuts & Bolts, Screws, Nails, Washers, Anchors, Rivets, and Others), Material, Industry, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The growing automotive and aerospace industries increasingly demand lightweight and high-performance fasteners, which propels the industrial fasteners market growth. Automotive fasteners play a crucial role in vehicle assembly, particularly in luxury and electric vehicles segments, where manufacturers focus on magnesium-based fasteners for improved fuel efficiency. Governments worldwide are enforcing stringent regulations on vehicle emissions. This factor promotes the demand for electric vehicle production, which, in turn, fuels the industrial fasteners market development. Additionally, the US automotive industry, the second-largest globally, continues to augment vehicle production, driving industrial fastener demand. With ongoing urbanization and demographic trends supporting infrastructure expansion, the market is poised for robust growth across multiple industries.

In the aerospace industry, fasteners are in high demand due to increased aircraft production and the shift toward lightweight, corrosion-resistant materials such as titanium. The demand for high-strength alloys and superalloys is growing, with companies such as National Aerospace Fasteners Corp. actively participating in supplying advanced materials to the sector. Moreover, business expansions, such as Stanley Black & Decker’s acquisition in aerospace, highlight the sector’s increasing reliance on precision-engineered fasteners for safety, durability, and performance.

The industrial machinery sector is witnessing high fastener demand due to rapid growth in machine-driven industries such as textiles, food & beverage, and chemicals. Industrial fasteners are essential for assembling and securing heavy machinery, with high-strength bolts being widely used in construction and automotive production facilities. The demand for material-handling equipment, including earth-moving machinery, cranes, and excavators, is further propelling market growth.

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Industrial Fasteners Market Report Highlights

• In terms of product, the cable ties segment is projected to grow at the fastest growth rate during 2025–2034 due to their growing demand for efficient cable management solutions in infrastructure projects, industrial facilities, and residential buildings.
• Based on material, the metal segment held the largest industrial fasteners market share in 2024 due to its superior strength, durability, and high load-bearing capacity, making it essential for applications in industries such as automotive, aerospace, construction, and industrial machinery.
• In 2024, Asia Pacific is projected to witness the fastest growth driven by rapid industrialization, expanding infrastructure projects, and increasing automotive and aerospace production.
• A few of the global key market players are Penn Engineering & Manufacturing Corp.; SHUR-LOK (Precision Castparts Corp.); Slidematic Precision Components; Sesco Industries Inc; Stanley Black & Decker; Standard Fasteners Ltd.; Hellermann Tyton; Panduit; Advanced Cable Ties, Inc.; and BAND-IT IDEX, Inc.

Polaris Market Research has segmented the industrial fasteners market report on the basis of product, material, industry, and region:

By Product Outlook (Revenue, USD Billion, 2020–2034)

• Clamps
• Cable Ties
• Nuts & Bolts
• Screws
• Nails
• Washers
• Anchors
• Rivets
• Others

By Material Outlook (Revenue, USD Billion, 2020–2034)

• Plastic
• Metal

By Industry Outlook (Revenue, USD Billion, 2020–2034)

• Automotive
• Aerospace
• Building & Construction
• Industrial Machinery
• Home Appliances
• Lawn & Garden
• Motors & Pumps
• Furniture
• Plumbing
• Others

By Regional Outlook (Revenue, USD Billion, 2020–2034)

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Netherlands
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Malaysia
  • South Korea
  • Indonesia
  • Australia
  • Vietnam
  • Rest of Asia Pacific
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Israel
  • South Africa
  • Rest of Middle East & Africa
• Latin America
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America

Industrial Fasteners Market Report Scope