Press release
India Fasteners Market to Reach USD 17.0 Billion by 2034, Growing at 4.67% CAGR - Get Free Sample Report
Report Introduction
According to IMARC Group's latest report titled "India Fasteners Market Size, Share, Trends and Forecast by Product, Sales Channel, End Use, and Region, 2026-2034", this study offers a granular analysis of the industry's steady growth driven by the expansion of the automotive and infrastructure sectors. The study offers a profound analysis of the industry, encompassing market share, size, growth factors, key trends, and regional insights. The report covers critical market dynamics, including the shift towards high-performance, lightweight fasteners for electric vehicles (EVs), the increasing adoption of stainless steel and coated fasteners for enhanced durability, and the impact of the Make in India initiative on domestic manufacturing.
Market At-A-Glance: Key Statistics (2026-2034):
• Current Market Size (2025): USD 11.2 Billion
• Projected Market Size (2034): USD 17.0 Billion
• Growth Rate (CAGR): 4.67%
• Dominant Region: North India (Implicit from the automotive and industrial hubs in NCR/Punjab, though report covers all regions)
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India Fasteners Market Overview
The India fasteners market size reached USD 11.2 Billion in 2025. Looking forward, IMARC Group expects the market to reach USD 17.0 Billion by 2034, exhibiting a steady growth rate (CAGR) of 4.67% during 2026-2034.
The market is witnessing a structural shift, primarily driven by the burgeoning demand from the automotive sector, particularly for specialized fasteners in Electric Vehicles (EVs) that require lightweight materials like aluminum and titanium to enhance range. The construction and infrastructure boom, fueled by smart city projects and rapid urbanization, is creating sustained demand for high-strength structural fasteners. Furthermore, the market is propelled by the modernization of industrial machinery, where automation necessitates precision-engineered components. Government initiatives like "Make in India" are fostering domestic production, reducing reliance on imports, and encouraging global players to set up manufacturing bases in India.
Top Emerging Trends in the India Fasteners Market:
• Lightweighting: increasing use of titanium, aluminum, and composite fasteners in the automotive and aerospace sectors to reduce weight and improve fuel efficiency/range.
• Advanced Coatings: Rising adoption of zinc-flake and hot-dip galvanization coatings to enhance corrosion resistance, especially for infrastructure projects in coastal and humid regions.
• Specialized Applications: Growing demand for fasteners in the renewable energy sector (solar/wind) capable of withstanding harsh environmental conditions.
• Pharmaceutical & Healthcare: Introduction of advanced sealing and fastening solutions for critical medical devices (e.g., recent launches by Freudenberg).
India Fasteners Market Growth Factors (Drivers)
• Automotive Expansion: Robust growth in passenger vehicle and commercial vehicle production driving volume sales of standard and custom fasteners.
• Infrastructure Development: Massive government spending on highways, bridges, and airports necessitating durable construction fasteners.
• Industrial Automation: Shift towards Industry 4.0 requiring high-precision fasteners for robotics and automated assembly lines.
• Defense & Aerospace: Strategic partnerships (e.g., Dynamatic Technologies and Aequs) boosting the domestic manufacturing of complex structural parts.
Explore the Full Report with Charts, Table of Contents, and List of Figures: https://www.imarcgroup.com/india-fasteners-market
Market Segmentation
Analysis by Product:
• Internally Threaded
• Non Threaded
• Externally Threaded
Analysis by Sales Channel:
• Online
• Offline
Analysis by End Use:
• Automotive
• Building and Construction
• Aerospace
• Machinery
• Electronics
• Others
Regional Insights:
• North India
• South India
• East India
• West India
India Fasteners Market Recent Developments & News
• January 2025: JSW Group acquired two copper mines to secure raw material supply, strengthening the upstream value chain for non-ferrous fasteners.
• December 2024: Dynamatic Technologies and Aequs entered a strategic partnership to supply structural parts for the Airbus A220, highlighting the maturation of India's aerospace fastener capabilities.
• November 2024: Freudenberg launched advanced sealing solutions catering to the pharmaceutical industry, expanding the scope of specialized fastening applications.
Why Buy This Report? (High-Value Insights)
• Granular Segmentation: Detailed analysis of Threaded vs. Non-Threaded growth, helping manufacturers align production lines with demand.
• Regional Hotspots: In-depth breakdown of demand in South India (Auto Hubs) vs. West India (Industrial Belts), aiding in distribution planning.
• Future-Ready Trends: Insights into the adoption of Smart Fasteners embedded with sensors, offering a glimpse into the future of predictive maintenance.
Key Highlights of the Report
• Market Forecast (2026-2034): Quantitative data on market value and stable growth.
• Competitive Landscape: Comprehensive analysis of key market players and their export strategies.
• Strategic Analysis: Porter's Five Forces analysis and value chain assessment.
• Technological Trends: Insights into advancements in cold forging technology.
Get Your Customized Market Report Instantly: https://www.imarcgroup.com/request?type=report&id=29864&flag=E
Customization Note: If you require specific data we can provide it as part of our customization services.
Also Browse Related Links:
India Pulses Market: https://www.imarcgroup.com/india-pulses-market/requestsample
India Recycled Plastics Market: https://www.imarcgroup.com/india-recycled-plastics-market/requestsample
India Switchgear Market: https://www.imarcgroup.com/india-switchgear-market
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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