Press release
Industrial Fasteners Market Landscape to 2034: Key Forces Shaping the Next Decade of Growth
Industrial Fasteners
How Large Will the Industrial Fasteners Market Size By 2025?
In recent years, the industrial fasteners market has shown robust growth. The market size will increase from $94.44 billion in 2024 to $100.03 billion in 2025, with a compound annual growth rate (CAGR) of 5.9%. The growth experienced during the historical period has its roots in the expansion of the manufacturing and construction industry, the growth of the automotive industry, globalized supply chains, infrastructure development projects, and stringent quality and standardization requirements.
How Big Is the Industrial Fasteners Market Size Expected to Grow by 2029?
There is a prediction for considerable expansion in the industrial fasteners market over the coming years, with a projected worth of $128.2 billion by 2029, reflecting a compound annual growth rate (CAGR) of 6.4%. The projected increase during this period can be ascribed to factors such as the emergence of renewable energy projects, the influence of e-commerce on distribution, sustainable fastener practices, initiatives for automotive lightweighting, and a trend towards lighter materials. Key trends for this forecast period comprise high-performing materials, industry 4.0 adaptation coupled with digitalization, customization and specialized fasteners, inventory management digitalization, and incorporating technology in fastener design.
View the full report here:
https://www.thebusinessresearchcompany.com/report/industrial-fasteners-global-market-report
Which Key Market Drivers Powering Industrial Fasteners Market Expansion and Growth?
The industrial fasteners market is predicted to expand due to a surge in construction activities. Construction involves assembling various components to craft a specific structure at a designated location, following a comprehensive design and plan. Industrial fasteners, which include bolts, nuts, screws, rivets, nails, washers, and studs, offer shear strength and corrosion resistance, making them integral to the construction process. As such, when construction activities proliferate, the industrial fasteners market also experiences growth. In February 2024, Eurostat, a government agency based in Luxembourg, reported that the annual construction output in the EU and the euro area saw a respective rise of 0.1% and 0.2% compared to 2022. This underscores how escalating construction activities are fuelling the expansion of the industrial fasteners market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9543&type=smp
Which Fast-Growing Trends Are Poised to Disrupt the Industrial Fasteners Market?
Multinational corporations in the industrial fasteners industry are concentrating their efforts on the creation and introduction of innovative products that cater to the shifting needs of diverse sectors, augment functionality, increase durability, and offer solutions to extreme environmental conditions, corrosion, and mechanical strain. These advanced products promise to cater to the varied demands of different industries by offering cutting-edge fastening solutions that enhance manufacturing efficiency and joint robustness. For example, in April 2024, TR Fastenings, a corporation based out of the US that provides industrial fasteners, introduced the Plas-Tech 30-20 screws, which are particularly intended for high-temperature settings of up to 120°C. Consisting of a modified version of polyphthalamide, these screws are ideal for application in the automotive, electronics, and industrial sectors. They provide superior chemical and moisture resistance, increased strength, and reduced weight, dealing effectively with challenging conditions. This introduces signifies TR Fastenings' sustained dedication towards developing an expansive range of creative fastening solutions for demanding situations.
What Are the Emerging Segments in the Industrial Fasteners Market?
The industrial fasteners market covered in this report is segmented -
1) By Type: Externally Threaded, Internally Threaded, Non-Threaded, Aerospace Grade
2) By Raw Material: Metal, Plastic
3) By Application: Automotive, Aerospace, Construction, Industrial Machinery, Plumbing Products, Other Applications
Subsegments:
1) By Externally Threaded: Bolts, Screws, Studs, Nuts
2) By Internally Threaded: Inserts, Nuts, Taps
3) By Non-Threaded: Washers, Rivets, Pins, Clips
4) By Aerospace Grade: Aerospace Bolts, Aerospace Screws, Aerospace Rivets, Aerospace Nuts
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=9543&type=smp
Who Are the Global Leaders in the Industrial Fasteners Market?
Major companies operating in the industrial fasteners market include Arconic Corporation, Acument Global Technologies Inc., Dokka Fasteners AS, LISI Group, Nippon Industrial Fasteners Company (Nifco) Inc., Hilti Corporation, MW Industries Inc., Stanley Black & Decker Inc., ATF Inc., Birmingham Fastener Inc., Sesco Industries Inc., Brunner Manufacturing Co. Inc., Illinois Tool Works Inc., American Fastener Technologies Corporation, KD Fasteners Inc., Nifco Inc., Extreme Bolt & Fastener, Ford Fasteners Inc., Impala Bolt & Nut, Elgin Fastener Group LLC, Rockford Fastener Inc., Slidematic Precision Components Inc., Manufacturing Associates Inc., Penn Engineering & Manufacturing Corp., Delta Fastener Corp., MacLean-Fogg Company, MISUMI Group Inc., Precision Castparts Corp., SFS Group, Eurofast Global Ltd.
Which are the Top Profitable Regional Markets for the Industrial Fasteners Industry?
Asia-Pacific was the largest region in the industrial fasteners market in 2024. North America is expected to be the fastest-growing region in the industrial fasteners market report during the forecast period. The regions covered in the industrial fasteners market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9543
This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Industrial Fasteners Market Landscape to 2034: Key Forces Shaping the Next Decade of Growth here
News-ID: 4089095 • Views: …
More Releases from The Business Research Company
Key Factor Supporting Global Helpdesk Automation Market Development in 2025: Imp …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Helpdesk Automation Industry Market Size Be by 2025?
The market size for helpdesk automation has experienced exponential growth recently. It's projected to increase from $6.14 billion in 2024 to $8.13 billion in 2025, with a compound annual growth rate (CAGR) of 32.4%. Factors contributing to this…
Growth Of The Graph Technology Market Driven By The Expansion Of Internet of Thi …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Graph Technology Market Through 2025?
The market size for graph technology has experienced substantial growth in the recent past. Its expansion is anticipated to rise from $5.26 billion in 2024 to $6.4 billion in 2025, with a compound annual growth rate (CAGR)…
2025-2034 Generative Design Software Market Outlook: Key Drivers, Emerging Chall …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Generative Design Software Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent years, the market size for generative design software has seen a swift expansion. This growth trajectory is projected to continue, rising from $2.25 billion in 2024 to $2.66 billion in 2025, representing…
Widespread Internet Access Fuels The Growth Of Generative AI In Movies Market Em …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Generative AI In Movies Market Size Growth Forecast: What to Expect by 2025?
The market size for generative ai in movies has experienced significant expansion in the past few years. The growth is projected to increase from $0.32 billion in 2024 to $0.4 billion in 2025 with a compound…
More Releases for Fastener
Marine Fastener Market Size Analysis by Application, Type, and Region: Forecast …
According to Market Research Intellect, the global Marine Fastener market under the Aerospace and Defense category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
Due to the growing worldwide maritime sector, the marine fastener market is expected to increase significantly. This increase…
Automotive Fastener Market Is Booming Worldwide | Illinois Tools Work, Atotech, …
Advance Market Analytics published a new research publication on "Automotive Fastener Market Insights, to 2030" with 232+ pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Automotive Fastener market was mainly driven by the increasing R&D spending across the world. Some of the Major Key Players…
Marine Fastener Market to Witness Huge Growth by Key Players: Go2marine,Bainbrid …
The Latest research report on the "Marine Fastener Market (2023-2029)" - A fundamental analysis of market categories and subdivisions, including product types, applications, companies, and regions, is provided in this industry research analysis. In this press release, we are thrilled to introduce the newest report on the Marine Fastener Market for the year 2023. This comprehensive report analyzes the current market trends, growth opportunities, challenges, and future prospects of the…
Engine Fastener Market 2032
The Engine Fastener Market Research Report provides an in-depth analysis of the market dynamics, key players, and competitive landscape of the Engine Fastener industry. It aims to provide valuable insights into the market trends, growth opportunities, and challenges faced by the industry stakeholders. The report serves as a comprehensive guide for businesses and investors looking to make informed decisions in the Engine Fastener business.
The Engine Fastener Market share is influenced…
Future fastener developing trends
AEROSPACE FASTENER DEMAND:
Fasteners-the small parts, but they are an indispensable key component to support and connect the entire aircraft. According to Boeing and Airbus' forecast, the global aircraft demand in the next 20 years will exceed 40,000 aircraft, which even does not include military airplanes and helicopters. The number of fastener demand on each aircraft is millions at least. In terms of aluminum fastener sizes, aerospace fasteners with a diameter…
Global Plow Bolts Market Analysis 2020 MW Industries, Canco Fastener, Shanghai T …
Plow Bolts: Regional and Global Market Opportunities - Key Competitors, Industry Segments, and Strategic Analysis, 2020-2025
The market study is primarily based on primary and secondary data collected through systematic research approach. The research approach is defined by expert market analysts in line with business consultants and international research standards. Economic, political, and environmental regulations for Plow Bolts market are examined to draw the conclusion on macroeconomic business environment. The market…
