The market value for global Industrial Fasteners Market was USD 91 Billion in 2022 and is expected to reach USD 129.52 Billion in 2032 growing at a CAGR of 4% during the forecast period. The market is primarily driven by the expansion of the automotive and construction sectors, which has increased demand for Industrial Fasteners in a variety of applications. Industrial Fasteners are utilized to provide a secure and long-lasting fastening solution and are an essential part of any construction or piece of machinery.

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The expansion of the construction sector is one of the main factors driving the Industrial Fasteners Market. Global building activity has increased as a result of population growth and urbanization. Industrial Fasteners are frequently used in the building sector to secure infrastructure projects such as bridges and buildings. In addition, the government’s increased investment in infrastructure projects is expected to fuel the Industrial Fasteners Market’s expansion in the ensuing years.

Competitive Landscape:

The global market comprises various market players operating at regional and global levels. These key players are adopting various strategies such as license agreements, partnerships, merger and acquisitions, collaborations, R&D investments, and joint ventures to gain robust footing in the market. 

Major Companies:

  • Acument Global Technologies
  • Bulten AB
  • Fastenal Company
  • Kaman Corporation
  • LISI Group
  • Nippon Steel & Sumitomo Metal Corporation
  • PennEngineering
  • Stanley Black & Decker
  • TR Fastenings
  • Würth Group

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Industrial Fasteners Market Segmentation:

Type Outlook:

  • Hexagonal
  • Square-head
  • Round-head
  • T-head
  • Others

Application Outlook:

  • Automotive
  • Construction
  • Aerospace
  • Machinery
  • Others

Regional Outlook:

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
  • Latin America (Brazil, Rest of LATAM)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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