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    Non Structural Stainless Steel Fastener Market

    ID: MRFR/CnM/27677-HCR
    111 Pages
    Chitranshi Jaiswal
    September 2025

    Non-Structural Stainless Steel Fastener Market Research Report: By Fastener Type (Bolts, Nuts, Screws, Washers, Anchors), By Material Grade (304, 304L, 316, 316L, Other Austenitic Grades), By Application (Marine, Construction, Automotive, Electrical, Medical), By Diameter (Less than 10 mm, 10-20 mm, 20-30 mm, 30-40 mm, 40 mm or More), By Length (Less than 25 mm, 25-50 mm, 50-75 mm, 75-100 mm, 100 mm or More) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2034.

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    Non Structural Stainless Steel Fastener Market Research Report - Global Forecast by 2034 Infographic
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    Summary Table of Contents Segmentation Infographic

    Non Structural Stainless Steel Fastener Market Summary

    The Global Non-Structural Stainless Steel Fastener Market is projected to grow from 0.61 USD Billion in 2024 to 0.75 USD Billion by 2035.

    Key Market Trends & Highlights

    Non-Structural Stainless Steel Fastener Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 1.95 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 0.75 USD Billion, reflecting steady growth.
    • In 2024, the market is valued at 0.61 USD Billion, indicating a solid foundation for future expansion.
    • Growing adoption of stainless steel fasteners due to their corrosion resistance is a major market driver.

    Market Size & Forecast

    2024 Market Size 0.61 (USD Billion)
    2035 Market Size 0.75 (USD Billion)
    CAGR (2025-2035) 1.95%

    Major Players

    Precision Castparts Corp., Alcoa Inc., Allegheny Technologies Incorporated, AmeriCold Logistics, TR Fastenings Limited, ESPA, Bossard, Sohn Precision Fasteners, IHI FASTENERS, SaintGobain, Grip Fasteners, LISI Automotive, Stanley Black Decker, Pacific American Corporation, Alcoa Fastening Systems Rings

    Non Structural Stainless Steel Fastener Market Trends

    Key market drivers in the non-structural stainless steel fastener market include the growing demand for corrosion-resistant and high-strength fasteners in various industries such as construction, automotive, and manufacturing. Additionally, the increasing focus on infrastructure development and the rising adoption of sustainable and eco-friendly building materials are driving demand for non-structural stainless-steel fasteners.Opportunities exist in the exploration of new applications and the development of innovative products with enhanced performance and durability.

    The market is expected to witness the emergence of fasteners with specialized coatings and finishes, as well as the adoption of advanced manufacturing techniques to cater to specific industry requirements.Recent trends in the non-structural stainless steel fastener market include the adoption of automation and digitalization in manufacturing processes, the increasing demand for customized fasteners, and the growing preference for fasteners with aesthetic appeal. Furthermore, the implementation of stringent regulations regarding the use of corrosion-resistant materials in industries such as food processing and pharmaceuticals is creating new opportunities for manufacturers.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    The increasing emphasis on sustainability and corrosion resistance in various industries appears to be driving a notable shift towards the adoption of non-structural stainless steel fasteners, reflecting a broader trend towards environmentally friendly materials.

    U.S. Department of Commerce

    Non Structural Stainless Steel Fastener Market Drivers

    Market Growth Projections

    The Global Non-Structural Stainless Steel Fastener Market Industry is poised for growth, with projections indicating a market value of 0.61 USD Billion in 2024 and an anticipated increase to 0.75 USD Billion by 2035. This growth trajectory reflects a compound annual growth rate (CAGR) of 1.95% from 2025 to 2035. The market dynamics are influenced by various factors, including technological advancements, sustainability trends, and increased demand from key sectors such as construction and automotive. As these elements converge, they create a favorable environment for the expansion of the non-structural stainless steel fastener market.

    Expansion of Automotive Industry

    The automotive industry plays a crucial role in driving the Global Non-Structural Stainless Steel Fastener Market Industry. As vehicle manufacturers seek to enhance performance and durability, the adoption of stainless steel fasteners is on the rise. These fasteners offer superior strength and resistance to corrosion, making them ideal for various automotive applications. The ongoing shift towards electric vehicles also presents new opportunities for stainless steel fasteners, as lightweight and durable materials are essential for improving energy efficiency. This trend is expected to contribute positively to the market's growth, reflecting the automotive sector's increasing reliance on high-quality fastening solutions.

    Increased Focus on Sustainability

    The Global Non-Structural Stainless Steel Fastener Market Industry is significantly influenced by the rising emphasis on sustainability. Stainless steel, known for its recyclability and longevity, aligns with global efforts to reduce environmental impact. Industries are increasingly opting for eco-friendly materials, which enhances the appeal of stainless steel fasteners. This shift is particularly evident in sectors such as construction and automotive, where sustainable practices are becoming standard. As companies strive to meet regulatory requirements and consumer preferences for greener products, the demand for stainless steel fasteners is likely to grow, further solidifying their position in the market.

    Growing Demand in Construction Sector

    The Global Non-Structural Stainless Steel Fastener Market Industry experiences a surge in demand driven by the expanding construction sector. As urbanization accelerates, the need for durable and corrosion-resistant fasteners becomes paramount. In 2024, the market is valued at approximately 0.61 USD Billion, reflecting the increasing adoption of stainless steel fasteners in residential and commercial projects. The emphasis on sustainability and longevity in construction materials further propels this demand. Additionally, the trend towards prefabricated structures necessitates reliable fastening solutions, thereby enhancing the market's growth prospects. This sector's expansion is likely to continue influencing the market dynamics significantly.

    Rising Infrastructure Development Projects

    Infrastructure development projects are a key driver for the Global Non-Structural Stainless Steel Fastener Market Industry. Governments worldwide are investing heavily in infrastructure to stimulate economic growth, leading to a surge in demand for reliable fastening solutions. Projects such as bridges, highways, and public transportation systems require durable and corrosion-resistant fasteners to ensure structural integrity. As these initiatives progress, the market is likely to benefit from the increased consumption of stainless steel fasteners. This trend underscores the importance of infrastructure development in shaping the future landscape of the fastener market.

    Technological Advancements in Manufacturing

    Technological innovations in manufacturing processes are pivotal for the Global Non-Structural Stainless Steel Fastener Market Industry. Enhanced production techniques, such as automation and precision engineering, improve the efficiency and quality of fasteners. These advancements not only reduce production costs but also enable the creation of specialized fasteners tailored for specific applications. As manufacturers adopt cutting-edge technologies, the market is expected to witness a transformation in product offerings. This evolution aligns with the projected growth trajectory, as the market is anticipated to reach 0.75 USD Billion by 2035, with a CAGR of 1.95% from 2025 to 2035, indicating a robust future.

    Market Segment Insights

    Non-Structural Stainless Steel Fastener Market Fastener Type Insights

    Among the key segments, the Fastener Type segment holds significant importance. Bolts, a type of fastener, are expected to capture a substantial share of the Non-Structural Stainless Steel Fastener market revenue. Their wide application in various industries, including construction, automotive, and machinery, contributes to their high demand. The growing infrastructure development and increasing urbanization are expected to drive the demand for bolts in the coming years. Nuts, another type of fastener, play a vital role in securing and fastening components.Their ability to provide a strong and reliable connection makes them indispensable in various industries.

    The demand for nuts is anticipated to rise in line with the growth of the construction and manufacturing sectors. Screws, a versatile type of fastener, offer a secure and efficient method of joining materials. Their ease of use and adaptability make them suitable for a wide range of applications, from furniture assembly to heavy-duty construction. The growing DIY (Do-It-Yourself) trend and increasing furniture production are expected to boost the demand for screws.Washers, used to distribute load and prevent damage to surfaces, are another important type of fastener.

    Their ability to enhance the performance and durability of bolted joints makes them essential in various industries. The growth in the automotive and aerospace sectors is anticipated to drive the demand for washers. Anchors, designed to provide a secure connection between a structure and a substrate, play a crucial role in construction and infrastructure development. Their ability to withstand heavy loads and resist corrosion makes them ideal for use in bridges, buildings, and other large-scale projects.The increasing demand for anchors is expected to continue as urbanization and infrastructure projects expand.

    The Non-Structural Stainless Steel Fastener Market segmentation provides valuable insights into the industry dynamics and growth potential of each segment. Understanding the performance and trends of these segments enables businesses to make informed decisions, identify new opportunities, and optimize their strategies to capture a larger share of the market.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Non-Structural Stainless Steel Fastener Market Material Grade Insights

    The Material Grade segment is a crucial aspect of the Non-Structural Stainless Steel Fastener Market, influencing market growth and revenue generation. Among the various grades, 304 and 304L austenitic stainless steel grades hold a significant market share due to their excellent corrosion resistance, formability, and cost-effectiveness. In 2023, the 304 grade accounted for approximately 40% of the market revenue, while 304L captured around 35%. These grades are extensively used in various industries, including construction, automotive, and marine applications.316 and 316L austenitic stainless steel grades offer enhanced corrosion resistance compared to 304 and 304L, making them suitable for more demanding applications.

    They are particularly resistant to chloride-induced stress corrosion cracking, which is common in marine and coastal environments. The 316 grade is expected to witness a steady growth rate, driven by increasing demand from the chemical processing and pharmaceutical industries. Other austenitic grades, such as 321 and 347, account for a smaller market share but cater to specific applications.For instance, 321 grade exhibits excellent resistance to sensitization and is used in high-temperature applications.

    The Non-Structural Stainless Steel Fastener Market is expected to continue witnessing growth in the coming years, with the Material Grade segment playing a significant role in shaping market dynamics and revenue generation.

    Non-Structural Stainless Steel Fastener Market Application Insights

    The Non-Structural Stainless Steel Fastener Market is segmented into various applications, including marine, construction, automotive, electrical, and medical. Each segment offers distinct opportunities for market growth. Marine: The marine segment is expected to witness significant growth due to increasing demand for non-corrosive fasteners in shipbuilding and offshore infrastructure. Stringent regulations regarding the use of corrosion-resistant materials in marine environments are driving the adoption of non-structural stainless steel fasteners.Construction: Non-structural stainless steel fasteners are widely used in construction applications such as roofing, cladding, and interior design.

    Their durability and resistance to harsh weather conditions make them ideal for both commercial and residential buildings. Automotive: The automotive industry is another major consumer of non-structural stainless steel fasteners. These fasteners are used in various automotive components, including interiors, exteriors, and under-the-hood applications. The growing demand for lightweight and fuel-efficient vehicles is expected to drive the growth of this segment.Electrical: In the electrical industry, non-structural stainless steel fasteners are used to secure electrical components and ensure proper grounding. Their non-magnetic properties and corrosion resistance make them suitable for applications in electrical panels, switchboards, and other electrical equipment.

    Medical: The medical industry has a high demand for non-structural stainless steel fasteners due to their biocompatibility and resistance to sterilization processes. These fasteners are used in surgical instruments, medical devices, and other healthcare applications.

    Non-Structural Stainless Steel Fastener Market Diameter Insights

    The Non-Structural Stainless Steel Fastener Market is segmented by diameter into 'Less than 10 mm', '10-20 mm', '20-30 mm', '30-40 mm', and '40 mm or More'. The '10-20 mm' segment is estimated to account for the largest share of the market in 2023, contributing around 35% of the Non-Structural Stainless Steel Fastener Market revenue.

    This segment is expected to maintain its dominance throughout the forecast period, owing to the increasing demand for these fasteners in various industrial applications, including automotive, construction, and machinery.The 'Less than 10 mm' segment is also expected to witness significant growth during the forecast period, driven by the rising demand for these fasteners in electronic devices and consumer products. The '20-30 mm', '30-40 mm', and '40 mm or More' segments are expected to experience moderate growth over the forecast period, as these fasteners are used in specialized applications such as heavy machinery and infrastructure projects.

    Non-Structural Stainless Steel Fastener Market Length Insights

    The length segment of the Non-Structural Stainless Steel Fastener Market is expected to witness steady growth over the forecast period. In terms of revenue, the '25-50 mm' segment is projected to account for a significant share of the market in 2023, owing to its extensive usage in various industrial and construction applications. The 'Less than 25 mm' segment is also anticipated to exhibit notable growth, driven by increasing demand from the electronics and automotive sectors.

    Furthermore, the '50-75 mm' and '75-100 mm' segments are expected to gain traction due to their suitability for heavy-duty applications in construction and infrastructure projects.The '100 mm or More' segment is likely to witness moderate growth, primarily driven by specialized applications in large-scale construction and industrial settings. The overall Non-Structural Stainless Steel Fastener Market segmentation provides valuable insights into the diverse needs and preferences across different industries, enabling manufacturers to tailor their product offerings and strategies accordingly.

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    Regional Insights

    The Non-Structural Stainless Steel Fastener Market is segmented into North America, Europe, APAC, South America, and MEA. North America is expected to hold the largest market share in 2023 and is projected to continue to dominate the market throughout the forecast period. The growth of the Non-Structural Stainless Steel Fastener Market in North America is attributed to the increasing demand for non-structural stainless steel fasteners in the construction, automotive, and aerospace industries.

    Europe is the second-largest market for Non-Structural Stainless Steel Fasteners and is expected to witness a steady growth rate over the forecast period.The growth of the market in Europe is attributed to the increasing demand for non-structural stainless steel fasteners in the construction, automotive, and aerospace industries. The APAC region is expected to be the fastest-growing market for Non-Structural Stainless Steel Fasteners over the forecast period. The growth of the market in APAC is attributed to the increasing demand for non-structural stainless steel fasteners in the construction, automotive, and aerospace industries. 

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Key Players and Competitive Insights

    Major players in the Non-Structural Stainless Steel Fastener Market are focusing on expanding their presence and increasing their market share. They are also investing in research and development to create innovative products that meet the evolving needs of customers. The Non-Structural Stainless Steel Fastener Market industry is highly competitive, with a number of leading players. Some of the key players include Precision Castparts Corp., Alcoa Inc., and Allegheny Technologies Incorporated. These companies are constantly innovating and developing new products to meet the changing needs of their customers.

    They are also investing in capacity expansion to meet the growing demand for non-structural stainless steel fasteners.Precision Castparts Corp. is a leading manufacturer of non-structural stainless steel fasteners. The company offers a wide range of products, including bolts, nuts, screws, and washers. Precision Castparts Corp. has a presence, with manufacturing facilities in North America, Europe, and Asia. The company's products are used in a variety of applications, including automotive, aerospace, and construction.Alcoa Inc. is another major player in the Non-Structural Stainless Steel Fastener Market.

    The company offers a wide range of non-structural stainless steel fasteners, including bolts, nuts, screws, and washers. Alcoa Inc. has a presence, with manufacturing facilities in North America, Europe, and Asia. The company's products are used in a variety of applications, including automotive, aerospace, and construction.Allegheny Technologies Incorporated is a leading manufacturer of stainless steel products, including non-structural stainless steel fasteners. The company offers a wide range of products, including bolts, nuts, screws, and washers. Allegheny Technologies Incorporated has a presence, with manufacturing facilities in North America, Europe, and Asia.

    The company's products are used in a variety of applications, including automotive, aerospace, and construction.

    Key Companies in the Non Structural Stainless Steel Fastener Market market include

    Industry Developments

    The non-structural stainless steel fastener market is poised for steady growth in the coming years due to rising demand from various industries, including construction, automotive, and manufacturing. The increasing use of stainless steel in infrastructure development, coupled with growing urbanization and industrialization, is expected to drive demand for non-structural stainless steel fasteners. Furthermore, the growing adoption of lightweight materials in the automotive sector and the increasing popularity of sustainable construction practices are anticipated to contribute to the market's growth.

    Recent developments in the market include the introduction of new fastener designs, such as self-drilling and self-tapping fasteners, which enhance installation efficiency and reduce labor costs. Additionally, advancements in corrosion-resistant coatings are improving the durability and longevity of non-structural stainless steel fasteners, making them suitable for use in harsh environments.

    Future Outlook

    Non Structural Stainless Steel Fastener Market Future Outlook

    The Non-Structural Stainless Steel Fastener Market is projected to grow at a 1.95% CAGR from 2024 to 2035, driven by increasing demand in construction and automotive sectors.

    New opportunities lie in:

    • Develop eco-friendly fasteners to meet sustainability demands.
    • Invest in smart fastener technologies for enhanced performance.
    • Expand distribution channels in emerging markets to capture new customers.

    By 2035, the market is expected to demonstrate robust growth, reflecting evolving industry needs and technological advancements.

    Market Segmentation

    Non-Structural Stainless Steel Fastener Market Length Outlook

    • Less than 25 mm
    • 25-50 mm
    • 50-75 mm
    • 75-100 mm
    • 100 mm or More

    Non-Structural Stainless Steel Fastener Market Diameter Outlook

    • Less than 10 mm
    • 10-20 mm
    • 20-30 mm
    • 30-40 mm
    • 40 mm or More

    Non-Structural Stainless Steel Fastener Market Regional Outlook

    • North America
    • Europe
    • South America
    • Asia Pacific
    • Middle East and Africa

    Non-Structural Stainless Steel Fastener Market Application Outlook

    • Marine
    • Construction
    • Automotive
    • Electrical
    • Medical

    Non-Structural Stainless Steel Fastener Market Fastener Type Outlook

    • Bolts
    • Nuts
    • Screws
    • Washers
    • Anchors

    Non-Structural Stainless Steel Fastener Market Material Grade Outlook

    • 304
    • 304L
    • 316
    • 316L
    • Other Austenitic Grades

    Report Scope

    Report Attribute/Metric Details
    Market Size 2024 0.61 (USD Billion)
    Market Size 2025 0.62 (USD Billion)
    Market Size 2034 0.74 (USD Billion)
    Compound Annual Growth Rate (CAGR) 1.9% (2025 - 2034)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2024
    Market Forecast Period 2025 - 2034
    Historical Data 2020 - 2024
    Market Forecast Units USD Billion
    Key Companies Profiled AmeriCold Logistics, TR Fastenings Limited, ESPA, Bossard, Sohn Precision Fasteners, IHI FASTENERS, SaintGobain, Grip Fasteners, LISI Automotive, Stanley Black Decker, Pacific American Corporation, Alcoa Fastening Systems Rings
    Segments Covered Fastener Type, Material Grade, Application, Diameter, Length, Regional
    Key Market Opportunities Offshore Oil and Gas ConstructionsIndustrial ConstructionMarine Pipework ComponentsAutomotive ComponentsRail Infrastructure
    Key Market Dynamics Rising demand for non-corrosive fasteners, increasing construction activities, growing automotive and aerospace industries, expanding infrastructure projects advancements in manufacturing technologies.
    Countries Covered North America, Europe, APAC, South America, MEA

    FAQs

    What is the expected valuation of the Non-Structural Stainless Steel Fastener Market in 2024?

    The Non-Structural Stainless Steel Fastener Market is expected to reach a valuation of 0.61 billion USD in 2024.

    What is the expected valuation of the Non-Structural Stainless Steel Fastener Market in 2034?

    The Non-Structural Stainless Steel Fastener Market is expected to reach a valuation of 0.74 billion USD in 2034.

    What is the expected CAGR of the Non-Structural Stainless Steel Fastener Market from 2025 to 2034?

    The Non-Structural Stainless Steel Fastener Market is expected to grow at a CAGR of 1.9% from 2025 to 2034.

    Which region is expected to be the largest market for Non-Structural Stainless Steel Fasteners in 2034?

    North American region is expected to be the largest market for Non-Structural Stainless Steel Fasteners in 2034.

    What are the major applications of Non-Structural Stainless Steel Fasteners?

    Non-Structural Stainless Steel Fasteners are used in a variety of applications, including construction, automotive, and electronics.

    Who are the key competitors in the Non-Structural Stainless Steel Fastener Market?

    Some of the key competitors in the Non-Structural Stainless Steel Fastener Market include Alcoa, ArcelorMittal, and ThyssenKrupp.

    What are the growth drivers for the Non-Structural Stainless Steel Fastener Market?

    The growth of the Non-Structural Stainless Steel Fastener Market is being driven by factors such as the increasing demand for stainless steel in construction and automotive applications.

    What are the challenges facing the Non-Structural Stainless Steel Fastener Market?

    The Non-Structural Stainless Steel Fastener Market is facing challenges such as the volatility of raw material prices and the competition from other materials such as aluminum.

    What are the key trends in the Non-Structural Stainless Steel Fastener Market?

    Some of the key trends in the Non-Structural Stainless Steel Fastener Market include the increasing use of stainless steel in lightweight applications and the development of new production technologies.

    What is the outlook for the Non-Structural Stainless Steel Fastener Market?

    The outlook for the Non-Structural Stainless Steel Fastener Market is positive, with growth expected to continue in the coming years.

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