Industrial Fasteners Market Report 2026

The industrial fasteners market size has grown strongly in recent years. It will grow from $98.87 billion in 2025 to $105.08 billion in 2026 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to expansion of construction and infrastructure projects, growth of automotive manufacturing, increased use of mechanical fastening solutions, rising demand for durable joints, availability of standardized fastener designs.

The industrial fasteners market size is expected to see strong growth in the next few years. It will grow to $132.08 billion in 2030 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to increasing demand from electric vehicle manufacturing, rising adoption of automated assembly lines, expansion of aerospace production activities, growing use of composite materials requiring specialized fasteners, advancements in fastening material technologies. Major trends in the forecast period include increasing demand for high-strength fasteners, rising adoption of lightweight plastic fasteners, growing use of aerospace-grade fasteners, expansion of corrosion-resistant coatings, enhanced focus on precision fastening solutions.

Rising demand for construction activities is anticipated to drive the growth of the industrial fasteners market in the coming years. Construction involves assembling various components to create structures at specific locations based on detailed designs and plans. Construction activities are increasing due to rapid urbanization, as expanding urban populations are fueling the need for additional housing and infrastructure to support growing residential and commercial requirements. Industrial fasteners offer shear strength and corrosion resistance through fastening components such as bolts, nuts, screws, rivets, nails, washers, and studs used in construction; consequently, growth in construction activity directly increases demand in the industrial fasteners market. For instance, in November 2024, according to the Office for National Statistics, a UK-based government department, the value of new construction work in Great Britain rose by 4.2% in 2023 to reach a record high of £139,029 ($161,943.76) million, driven by increases of £2,050 ($2,387.88) million in private sector projects and £3,578 ($4,167.73) million in public sector projects. Therefore, the growing demand for construction activities is fueling the expansion of the industrial fasteners market.

Key players operating in the industrial fasteners sector are emphasizing the development and introduction of innovative products to address evolving industry requirements, enhance performance, improve durability, and overcome challenges such as extreme temperatures, corrosion, and mechanical stress. These innovations are designed to cater to diverse customer needs across multiple sectors by delivering advanced fastening solutions that enhance production efficiency and joint reliability. For instance, in April 2024, TR Fastenings, a US-based provider of industrial fasteners, introduced Plas-Tech 30-20 screws specifically engineered for high-temperature applications up to 120°C. Manufactured from modified polyphthalamide, these screws are suitable for automotive, electronics, and industrial uses, offering improved strength, reduced weight, and superior resistance to chemicals and moisture under demanding conditions. This product launch highlights TR Fastenings’ continued focus on expanding its portfolio of advanced fastener solutions for challenging environments.

In August 2023, Apollo Funds, a US-based global alternative asset manager, acquired Arconic Corporation in an all-cash transaction valued at approximately $5.2 billion. Through this acquisition, Apollo intends to support Arconic’s long-term strategic growth by applying its industry expertise to strengthen operational capabilities and accelerate market opportunities within the aluminum products sector. Arconic Corporation is a US-based manufacturing company specializing in aluminum sheet, plate, extrusions, and industrial fasteners.

Major companies operating in the industrial fasteners market are 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.

Asia-Pacific was the largest region in the industrial fasteners market in 2025. 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, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the industrial fasteners market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The industrial fasteners market consists of sales of industrial fasteners and their types such as bolts, nuts, screws, rivets, nails, washers, and studs. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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