Press release
India Fasteners Market Size, Industry Share, Top Manufacturers and Report by 2033 | Get Free Sample Report!!
Short Summary:
The India fasteners market size reached USD 10.73 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 16.25 Billion by 2033, exhibiting a CAGR of 4.72% during 2025-2033. Growth is driven by the expansion of automotive, construction, and industrial manufacturing sectors, rising demand for lightweight and high-performance fasteners, and government initiatives such as Make in India and PLI schemes promoting local manufacturing excellence.
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Market Overview:
The India fasteners market is evolving as a key enabler of the nation's industrial and infrastructural progress. Fasteners-ranging from nuts, bolts, and screws to rivets and washers-play an indispensable role in ensuring structural integrity and mechanical performance across automotive, aerospace, construction, energy, and electronics sectors. The surge in public and private infrastructure projects, growing automobile production, and advancements in machinery manufacturing are creating strong demand for both standard and custom-engineered fasteners.
Additionally, India's push for self-reliance in manufacturing and defense production has boosted the adoption of advanced fastener solutions that offer higher tensile strength, corrosion resistance, and improved efficiency. Meanwhile, the introduction of eco-friendly coatings, stainless steel and titanium alloys, and automation in fastener production are reshaping the market dynamics. With the rise of smart manufacturing and export competitiveness, India is positioning itself as a regional hub for precision fastening solutions.
Analyst Commentary: The India fasteners market is moving toward a value-driven, technology-integrated era, fueled by rapid industrial automation and the need for material optimization. Manufacturers are shifting focus toward lightweight, durable, and high-precision components to cater to electric vehicles, renewable energy projects, and infrastructure modernization. Export potential is also rising as Indian producers gain credibility in global supply chains. In the coming years, the industry's success will depend on R&D investments, digital quality assurance systems, and advanced material innovation.
Ask an Analyst: https://www.imarcgroup.com/request?type=report&id=29864&flag=C
Scope and Growth Analysis:
• 2024 Market Size: USD 10.73 Billion
• 2033 Forecast: USD 16.25 Billion
• CAGR (2025-2033): 4.72%
Growth is supported by:
• Includes industrial fasteners (nuts, bolts, screws, rivets, studs) used across automotive, construction, electronics, and machinery sectors.
• Strong demand from automotive manufacturing and aftermarket driven by EV production and lightweight assembly needs.
• Expansion in construction and infrastructure projects boosting demand for heavy-duty and corrosion-resistant fasteners.
• Rising usage of stainless steel, alloy steel, and aluminum fasteners for performance and longevity.
• Growth in aerospace and defense manufacturing promoting high-precision, high-tensile fastener adoption.
• Make in India and PLI schemes encouraging domestic production and global supply chain participation.
• OEMs and Tier-1 suppliers investing in advanced fastening systems with automation and robotic assembly compatibility.
As working populations grow and lifestyles continue shifting, online food delivery is becoming a daily-need service rather than an occasional luxury.
Key Market Trends:
• Growing adoption of lightweight fasteners in EVs and fuel-efficient vehicles.
• Expansion of 3D printing and additive manufacturing for prototype and precision fastener production.
• Rising trend of green coatings and eco-friendly plating techniques reducing environmental footprint.
• Integration of IoT-enabled smart fasteners for monitoring load, tension, and vibration in critical structures.
• Increasing focus on high-strength and anti-corrosive materials for marine and oil & gas applications.
• Growth of organized fastener distribution networks and online B2B marketplaces.
• Emergence of cold forging technology to enhance production efficiency and consistency.
• Continuous development of aerospace-grade titanium and composite fasteners.
• Government investments in smart cities and industrial corridors supporting long-term fastener consumption.
Download Market Insights Snapshot: https://www.imarcgroup.com/request?type=report&id=29864&flag=A
Comprehensive Market Report Highlights & Segmentation Analysis:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest India fasteners market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.
Product Insights:
• Internally Threaded
• Non Threaded
• Externally Threaded
Sales Channel Insights:
• Online
• Offline
End Use Insights:
• Automotive
• Building and Construction
• Aerospace
• Machinery
• Electronics
• Others
Regional Insights:
• North India
• South India
• East India
• West India
Explore the Full Report with Charts, Table of Contents, and List of Figures: https://www.imarcgroup.com/india-fasteners-market
Other key areas covered in the report:
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Strategic Recommendations
• Market Dynamics
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape
• Top Winning Strategies
• Recent Industry News
• Key Technological Trends & Development
Frequently Asked Questions:
Q1: What was the size of the India fasteners market in 2024?
A1: The market size reached USD 10.73 Billion in 2024.
Q2: What is the projected market size by 2033?
A2: It is expected to reach USD 16.25 Billion by 2033, growing at a CAGR of 4.72%.
Q3: What factors are driving market growth?
A3: Growth is driven by the expansion of the automotive, construction, and manufacturing sectors, along with supportive government policies promoting industrialization.
Q4: Which materials are gaining popularity in fastener manufacturing?
A4: Stainless steel, titanium, and aluminum alloys are gaining traction due to their strength, corrosion resistance, and light weight.
Q5: What trends are shaping the future of India's fasteners market?
A5: Key trends include digital quality control, smart fastener technology, additive manufacturing, eco-friendly coatings, and rising export orientation.
Ask Analyst for Customization: https://www.imarcgroup.com/request?type=report&id=29864&flag=C
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Also Browse Related Links:
• India Potassium Iodate Market Research Report: The India potassium iodate market size reached USD 14.71 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 24.10 Million by 2033, exhibiting a growth rate (CAGR) of 5.64% during 2025-2033.
Read Full Report: https://www.imarcgroup.com/india-potassium-iodate-market
• India Cellulose Fibers Market Research Report: The India cellulose fibers market size reached USD 1.1 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 2.1 Billion by 2033, exhibiting a growth rate (CAGR) of 7.1% during 2025-2033.
Read Full Report:https://www.imarcgroup.com/india-cellulose-fibers-market
• India Corrosion Resistant Metal Coatings Market Research Report: The India corrosion resistant metal coatings market size reached USD 337.6 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 524.3 Million by 2033, exhibiting a growth rate (CAGR) of 4.5% during 2025-2033.
Read Full Report: https://www.imarcgroup.com/india-corrosion-resistant-metal-coatings-market
Updated Date: 12-Nov-2025
Author: Gaurav
Sources: IMARC Group
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-201971-6302
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.
IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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