How big is the fastener market?

The global market size for industrial fasteners was estimated at 99,630 million dollars in 2024 and is expected to reach 131,450 billion dollars in 2030, with growth at a compound annual rate. The North American market size for industrial fasteners, including those from a Fastener Supplier near Baton Rouge LA, stood at 21 420 million dollars in 2025 and is expected to reach 26,190 million dollars in 2030, with a CAGR of 4.10%. Good infrastructure spending, increased electric vehicle production, and relocation programs that prioritize domestic manufacturing maintain momentum despite volatile input costs. Construction activity in residential, commercial and civil projects supports basic demand, while automotive programs and aerospace add a volume of great value. Suppliers that integrate digital traceability, corrosion-resistant coatings, and application-specific designs strengthen pricing power.

End users continue to prefer engineering solutions that reduce assembly time, extend lifespan and facilitate compliance. Competitive intensity remains moderate, as major traditional companies take advantage of scale, depth of distribution and specific acquisitions to consolidate their positions. The North American market presents a lucrative opportunity, as manufacturers and suppliers expand their portfolios to meet demand for lightweight, corrosion-resistant plastic fasteners and cost-effective. Manufacturers of industrial fasteners are forging alliances with other world-renowned suppliers to innovate in new technologies and drive market growth in new ways.

However, the markets for maintenance and repair fasteners tend to represent a smaller proportion of demand than those of other component supplier companies, because many types of fasteners are designed to last the entire life of the product or structure in which they were originally installed. Asia Pacific is an important hub for aerospace fastener manufacturers who supply industrial fasteners to aerospace OEMs based in North America and Europe. Advances in the motor vehicle market will be further supported by the ongoing transition to electric vehicles, which will require greater collaboration between fastener suppliers and car manufacturers to develop products for the new vehicle platforms. While fasteners compete to some extent with several alternative bonding technologies, such as adhesives, welding, and mechanical bonding, they are generally not practical functional reasons to significantly reduce or increase the use of fasteners in product designs in response to short-term economic conditions.

Metal fasteners accounted for 77.2% of the North American industrial fasteners market in 2024, reflecting their cost advantage in construction, machinery and transportation. Industrial fasteners are high-quality fastening tools that are widely used in the construction, automotive, aerospace and marine industries. Industrial fasteners refer to fastening products such as screws, nails, bolts and rivets, among others, that are widely used in the aerospace, construction and original equipment manufacturers. Industrial fasteners primarily refer to high-quality fastening products used in the construction, automotive, aerospace and marine industries.

Fastener suppliers counterattack this situation by promoting removable designs for maintenance and focusing on safety-critical areas, where joints that can be audited and the pair are still mandatory. The North American industrial fastener market is experiencing significant growth, driven especially by its strong presence in the automotive and aerospace industries, as well as the growing adoption of plastic fasteners. According to the International Fasteners EXPO 2024, plastic fasteners are rapidly being adopted in construction and construction projects. They are of two types: one produces a permanent joint that includes nuts and bolts, screws, rivets, clamps and retaining rings, and the other that requires a sliding adhesive or non-permanent fastening products that can be released, such as clamps and quick-release couplers, intended to remove the specific pins that allow the relative movement of the fixed parts.