The Asia Pacific industrial fasteners market size is expected to reach USD 63.5 billion by 2030, registering a CAGR 6.3% from 2025 to 2030. Rising product demand as an integral bonding component for manufacturing vehicles, home appliances, industrial machinery, and aerospace structures is likely to drive industry growth.
China has emerged as the largest producer and exporter of industrial fasteners in the region on account of presence of numerous small and medium scale players. Industry players are investing in R&D and production of plastic and specialty fasteners in order to cater to application-specific demand by end users and to sustain in the highly competitive market.
The industry is characterized by long-term contracts between manufacturers and OEMs. The players quote product pricing based on purchase volume and duration of contract with users. Fluctuating metal and plastic prices, coupled with intense competition in terms of product costs, is expected to hamper profit margins of industry players.
Metal fasteners are likely to face a challenge in terms of penetration, especially in the automotive sector, owing to rising demand for lightweight alternatives including plastic fasteners, adhesives, and sealants by OEMs. However, demand for high-grade products including titanium and brass, which offer excellent performance under vibration and high impact, is expected to grow.
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China has emerged as the largest producer and exporter of industrial fasteners in the region on account of presence of numerous small and medium scale players. Industry players are investing in R&D and production of plastic and specialty fasteners in order to cater to application-specific demand by end users and to sustain in the highly competitive market.
The industry is characterized by long-term contracts between manufacturers and OEMs. The players quote product pricing based on purchase volume and duration of contract with users. Fluctuating metal and plastic prices, coupled with intense competition in terms of product costs, is expected to hamper profit margins of industry players.
Metal fasteners are likely to face a challenge in terms of penetration, especially in the automotive sector, owing to rising demand for lightweight alternatives including plastic fasteners, adhesives, and sealants by OEMs. However, demand for high-grade products including titanium and brass, which offer excellent performance under vibration and high impact, is expected to grow.
Asia Pacific Industrial Fasteners Market Report Highlights
- The metal industrial fasteners segment accounted for 88.2% of the total revenue generated in 2024 due to their superior strength, durability, and versatility.
- The externally threaded fasteners dominated the Asia Pacific industrial fasteners market in 2024.
- The automotive segment contributed the largest share of the total revenue in 2024 attributed to the continuous growth in automotive production and the increasing demand for high-quality fasteners in vehicle assembly.
- China held the largest revenue share in the Asia Pacific industrial fasteners market in 2024 attributed to China's extensive manufacturing base, rapid urbanization, and significant investments in infrastructure projects.
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This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
The leading players in the Asia-Pacific Industrial Fasteners market include:
- Bossard Group
- Sundram Fasteners Limited
- Penn Engineering & Manufacturing Corporation
- EJOT
- Fontana Luigi S.p.A.
- Ochiai Co., Ltd.
- LISI S.A.
- TR Fastenings, Ltd.
- Wilhelm Böllhoff GmbH & Co. KG
- Simmonds Marshall Ltd.
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Asia Pacific Industrial Fasteners Market Variables, Trends & Scope
Chapter 4. Asia Pacific Industrial Fasteners Market: Raw Material Outlook Estimates & Forecasts
Chapter 5. Asia Pacific Industrial Fasteners Market: Product Outlook Estimates & Forecasts
Chapter 6. Asia Pacific Industrial Fasteners Market: Application Outlook Estimates & Forecasts
Chapter 7. Asia Pacific Industrial Fasteners Market Country Outlook Estimates & Forecasts
Chapter 8. Competitive Landscape
List of Tables
List of Figures
Companies Mentioned
- Bossard Group
- Sundram Fasteners Limited
- Penn Engineering & Manufacturing Corporation
- EJOT
- Fontana Luigi S.p.A.
- Ochiai Co., Ltd.
- LISI S.A.
- TR Fastenings, Ltd.
- Wilhelm Böllhoff GmbH & Co. KG
- Simmonds Marshall Ltd.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 120 |
Published | October 2024 |
Forecast Period | 2024 - 2030 |
Estimated Market Value ( USD | $ 44.4 Billion |
Forecasted Market Value ( USD | $ 63.5 Billion |
Compound Annual Growth Rate | 6.3% |
Regions Covered | Asia Pacific |
No. of Companies Mentioned | 10 |