The global market size for industrial fasteners was estimated at 99.63 billion dollars in 2024 and is forecast to reach 131.45 billion dollars in 2030. The size of the North American industrial fasteners market, including Fastener Supplier near Baltimore MD, stood at $21.42 billion in 2025 and is forecast to reach $26,190 million 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 for industrial fasteners is experiencing significant growth, driven especially by its strong presence in the automotive and aerospace industries, as well as by the growing adoption of plastic fasteners. Industrial fasteners are high-quality fastening tools that are widely used in the construction, automotive, aerospace and marine industries.
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, which are intended to remove specific pins and allow relative movement of the fixed parts. The rapid growth of the military aviation industry, with the growing need for efficient aerospace fasteners, drives the growth of the aerospace fasteners market. Industrial fasteners primarily refer to high-quality fastening products that are used in the construction, automotive, aerospace and marine industries. 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 new vehicle platforms.
Asia Pacific is an important hub for aerospace fastener manufacturers who supply industrial fasteners to aerospace OEMs based in North America and Europe. The North American market presents a lucrative opportunity, as manufacturers and suppliers expand their portfolios to meet the demand for lightweight, corrosion-resistant and cost-effective plastic fasteners. Fastener suppliers counteract this situation by promoting removable designs for maintenance and focusing on safety-critical areas, where torque-controlled joints are still mandatory. Metal fasteners accounted for 77.2% of the North American industrial fasteners market in 2024, reflecting their cost-benefit advantage in construction, machinery and transportation.
Manufacturers of industrial fasteners are forging alliances with other world-renowned suppliers to innovate in new technologies and drive market growth in new ways. While fasteners compete to some extent with several alternative joining technologies (such as adhesives, welding, and mechanical bonding), there are generally no practical functional reasons to significantly reduce or increase the use of fasteners in product designs in response to short-term economic conditions. According to the International Fasteners EXPO 2024, plastic fasteners are rapidly being adopted in construction and in building projects. However, maintenance and repair fastener markets tend to represent a smaller proportion of demand than those of other component supply companies because many types of fasteners are designed to last the entire life of the product or structure in which they were originally installed.
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.
