FOCUS ON FASTENERS fasteners are characterised by the presence of a protective shell applied by a process of hot dipping; this finishing process adds a layer over the surface. When fasteners are galvanized, they are submerged inside a container filled with molten zinc. After soaking in the molten zinc for a specific time, the screw is removed and allowed to cool. As the screw cools, the molten zinc hardens, forming a shell on the screw’ s exterior.
Image: Chart @ Grand View Research.
Global fastener markets
According to analyst, Grand View Research, the global industrial fastener market size was estimated at US $ 103.92 billion in 2025 and is projected to reach US $ 153.71 billion by 2033, growing at a CAGR of 5.1 % from 2026 to 2033. The industrial fasteners’ market is fragmented and highly competitive in nature.
“ The market is expected to be driven by the growing population, high investments in the construction sector and rising demand for industrial fasteners in the automotive and aerospace sectors,” it said.
“ Infrastructure development is one of the key parameters to consider when tracking regional market development. The construction industry notably impacts the demand for industrial fasteners as they are extensively used in buildings, bridges, walls and roofs. Unlike other industries, fasteners used in construction are standardised and subject to stringent quality checks. Government intervention through a regulatory framework pressurises manufacturers to offer standardised products with superior performance characteristics,” it added.
The market for industrial fasteners is characterised by intensive technological developments to produce advanced, lightweight products that find use in automotive and other industrial applications. Metal fasteners accounted for the largest market share of 91.0 % in 2025, according to the analyst. They include various materials such as stainless steel; bronze; cast iron; superalloys and titanium. Their high mechanical strength is expected to be a key factor driving growth over the forecast period.
“ With technology enhancements, the rising demand for hybrid fasteners( which incorporate a combination of injection-moulded plastic components with metal elements) is expected
Image: SJW. to drive the demand. Increasing metal prices and the decelerating growth of these fasteners( owing to their replacement by plastic fasteners, automotive tapes and adhesives) are expected to be key barriers for metal fastener manufacturers over the forecast period. Plastic fastener manufacturers are expected to gain an advantage owing to the rising demand for lightweight components from automotive manufacturers,” cautioned the analyst.
The global industrial fastener market size was estimated at US $ 103.92 billion in 2025 and is projected to reach US $ 153.71 billion by 2033
The automotive segment accounted for the largest revenue share in 2025, according to Grand View Research. High production volumes of automotive vehicles across the Asia Pacific have been a key factor driving industry growth over the past few years. Fasteners are a crucial component of the automotive industry, available in numerous varieties, sizes and shapes. The common fasteners used in the automotive industry include nuts; bolts; screws; rivets; studs; bits; anchors and panel fasteners.
“ The industrial fasteners’ industry in the Asia Pacific accounted for the largest revenue market share with 45.1 % in 2025,” commented Grand View Research.“ The industrial fasteners industry in China accounted for the largest revenue share of 47.3 % in the region in 2025, due to favourable government policies that promote investments in the construction sector.”
Product insights
Externally threaded fasteners accounted for the largest revenue share of 48.1 % in 2025, said Grand View Research. Bolts and screws are the most widely utilised type of externally threaded fasteners. Bolts hold a dominant share in the market due to their wide variety and broad application scope.
“ Non-threaded fasteners accounted for the second largest revenue share in 2025 and are expected to grow at a significant rate over the forecast period. The rising demand for nonthreaded fasteners in the construction industry, particularly for applications such as subflooring, decking and roofing, is expected to have a positive impact on growth over the projected period,” continued the analyst.
“ Aerospace grade fasteners are expected to expand at the fastest CAGR from 2026 to 2033. This fastener varies significantly as compared to ordinary commercial-grade fasteners in terms of quality, performance, raw material, price and other technical specifications. The most commonly used aerospace nuts include fibre inserts and castle nuts,” it added.
Internally threaded fasteners also accounted for a significant share of the market. Stainless steel is the most common material used for manufacturing internally threaded industrial fasteners. Brass, alloy steel and aluminium are the other materials used to manufacture these industrial fasteners. Innovations in the design of internally threaded fasteners, which provide better performance, high impact and vibration resistance, are expected to positively impact growth.
“ Bolts held the largest market share of 31.3 % in 2025 due to their widespread use in structural applications, heavy machinery and the transportation industry,” added the analyst.
Trends in fastener markets
Trends in fastener markets include an increased focus on lightweighting in the automotive and aerospace sectors and growing investments in industrial automation, motion control and robotics. There has been increasing use of novel threaded and plastic fasteners and substantial technology innovations in fastener forms and functions.
ISMR March 2026 | ismr. net | 45