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US Industrial Fasteners Market

ID: MRFR/PCM/12243-HCR
100 Pages
MRFR Team
February 2026

US Industrial Fasteners Market

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US Industrial Fasteners Market Summary

As per analysis, the US Industrial Fasteners Market is projected to grow from USD 9.61 Billion in 2025 to USD 14.28 Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 4.08% during the forecast period (2025 - 2035).

Key Market Trends & Highlights

The US Industrial Fasteners Market is poised for growth driven by technological advancements and sustainability initiatives.

  • The automotive segment remains the largest contributor to the US Industrial Fasteners Market, reflecting its critical role in vehicle manufacturing.
  • The construction segment is currently the fastest-growing area, propelled by increasing infrastructure projects and demand for durable materials.
  • Technological advancements in fastener design and production processes are enhancing efficiency and performance across various applications.
  • Key market drivers include the expansion of the automotive industry and a growing focus on renewable energy initiatives.

Market Size & Forecast

2024 Market Size 9.19 (USD Billion)
2035 Market Size 14.28 (USD Billion)
CAGR (2025 - 2035) 4.08%

Major Players

Fastenal Company (US), Illinois Tool Works Inc. (US), Stanley Black & Decker Inc. (US), Parker Hannifin Corporation (US), Southco Inc. (US), Alcoa Corporation (US), Bulten AB (SE), Screws and Fasteners Inc. (US)

Our Impact
Enabled $4.3B Revenue Impact for Fortune 500 and Leading Multinationals
Partnering with 2000+ Global Organizations Each Year
30K+ Citations by Top-Tier Firms in the Industry

US Industrial Fasteners Market Trends

The US Industrial Fasteners Market is currently experiencing a dynamic phase characterized by evolving demands and technological advancements. The market appears to be influenced by various sectors, including construction, automotive, and aerospace, which are driving the need for innovative fastening solutions. As industries increasingly prioritize efficiency and sustainability, manufacturers are likely adapting their product offerings to meet these emerging requirements. This shift may lead to the development of advanced materials and designs that enhance performance while reducing environmental impact. Moreover, the ongoing emphasis on safety and quality standards in the US Industrial Fasteners Market suggests a growing trend towards compliance with regulatory frameworks. Companies are potentially investing in research and development to ensure their products not only meet but exceed these standards. This focus on quality assurance may foster greater consumer trust and loyalty, ultimately benefiting manufacturers in the long run. As the market continues to evolve, it is essential for stakeholders to remain vigilant and responsive to these trends to maintain competitiveness and drive growth.

Sustainability Initiatives

The US Industrial Fasteners Market is increasingly embracing sustainability initiatives. Manufacturers are exploring eco-friendly materials and production processes to minimize environmental impact. This trend reflects a broader commitment to corporate social responsibility, as companies seek to align with consumer preferences for sustainable products.

Technological Advancements

Technological advancements are reshaping the US Industrial Fasteners Market. Innovations in manufacturing techniques, such as automation and additive manufacturing, are enhancing production efficiency and product quality. These developments may lead to the introduction of more sophisticated fastening solutions that cater to diverse industry needs.

Regulatory Compliance

Regulatory compliance is becoming a critical focus within the US Industrial Fasteners Market. As safety and quality standards evolve, manufacturers are prioritizing adherence to these regulations. This trend may drive investments in quality assurance processes, ensuring that products meet stringent requirements and fostering consumer confidence.

US Industrial Fasteners Market Drivers

Technological Innovations

Technological advancements are significantly influencing the US Industrial Fasteners Market. Innovations in materials and manufacturing processes are leading to the development of high-performance fasteners that offer enhanced durability and reliability. For instance, the introduction of corrosion-resistant coatings and lightweight materials is transforming the fastener landscape. Additionally, automation in manufacturing processes is streamlining production, reducing costs, and improving efficiency. As industries increasingly adopt smart manufacturing practices, the demand for advanced fastening solutions is likely to rise. This trend indicates that the US Industrial Fasteners Market is on the cusp of a technological revolution, which could redefine product offerings and market dynamics.

Growing Construction Sector

The US Industrial Fasteners Market is experiencing a notable surge due to the expanding construction sector. As infrastructure projects gain momentum, the demand for fasteners is expected to rise significantly. According to recent data, the construction industry in the United States is projected to reach a value of over 1.5 trillion dollars by 2026. This growth is likely to drive the need for various types of fasteners, including bolts, screws, and anchors, which are essential for structural integrity. Furthermore, the increasing focus on residential and commercial building projects is anticipated to further bolster the market. The US Industrial Fasteners Market appears well-positioned to benefit from this trend, as construction companies seek reliable and durable fastening solutions to meet their project requirements.

Automotive Industry Expansion

The automotive sector plays a pivotal role in the US Industrial Fasteners Market, as it relies heavily on fasteners for vehicle assembly and manufacturing. With the automotive industry projected to grow at a compound annual growth rate of approximately 4% through 2026, the demand for fasteners is expected to follow suit. Fasteners are integral components in various automotive applications, including engine assembly, chassis construction, and interior fittings. As electric vehicles gain traction, the need for specialized fasteners that can withstand higher performance standards is likely to emerge. This shift in the automotive landscape suggests that the US Industrial Fasteners Market will continue to thrive, driven by the evolving requirements of automotive manufacturers.

Increased Focus on Renewable Energy

The US Industrial Fasteners Market is poised to benefit from the growing emphasis on renewable energy projects. As the nation shifts towards sustainable energy sources, the demand for fasteners in wind, solar, and other renewable energy installations is expected to increase. For example, the wind energy sector alone is projected to add over 20 gigawatts of capacity by 2026, necessitating a substantial amount of fasteners for turbine assembly and installation. This trend suggests that the US Industrial Fasteners Market will play a crucial role in supporting the infrastructure required for renewable energy initiatives, thereby contributing to a more sustainable future.

Regulatory Compliance and Standards

The US Industrial Fasteners Market is significantly influenced by regulatory compliance and industry standards. As safety regulations become more stringent across various sectors, the demand for high-quality fasteners that meet these standards is likely to increase. Industries such as aerospace, automotive, and construction are particularly affected by these regulations, which dictate the specifications and performance criteria for fasteners. Compliance with these standards not only ensures safety but also enhances product reliability. Consequently, manufacturers in the US Industrial Fasteners Market are compelled to invest in quality assurance and testing processes, which may drive innovation and improve overall market competitiveness.

Market Segment Insights

By Application: Automotive (Largest) vs. Construction (Fastest-Growing)

In the US Industrial Fasteners Market, the application segments show varied distribution with automotive holding the largest share. This sector benefits from the booming automotive industry, which heavily relies on high-quality fasteners for vehicle assembly, safety, and durability. Following closely, the construction segment is rapidly gaining traction, supported by increased infrastructure projects, residential building, and renovations. Aerospace, electronics, and marine applications also contribute significantly but represent a smaller fraction of the total market. The growth trends indicate a strong upward trajectory for both automotive and construction applications. The automotive sector is driven by advancements in technology, electrification of vehicles, and changing consumer preferences. In contrast, the construction segment benefits from government spending on infrastructure and a surge in housing demands. As these sectors evolve, the fasteners used are becoming more specialized, reflecting the industry's focus on quality and efficiency.

Automotive: Dominant vs. Construction: Emerging

The automotive application segment is the dominant force in the US Industrial Fasteners Market. Fasteners in this sector are crucial for assembling various vehicle parts, ensuring safety, and supporting advanced designs in lightweight materials. This dominance is driven by continuous innovation, with automakers demanding high-performance fasteners that can withstand rigorous operating conditions. On the other hand, the construction segment is emerging rapidly as a key player, spurred by a wave of infrastructure development and increased construction activities post-pandemic. Fasteners in this sector must provide robustness and reliability under varying environmental conditions, making them ideal for both commercial and residential projects. As these segments develop, innovation, sustainability, and efficiency will shape their future.

By Material Type: Steel (Largest) vs. Aluminum (Fastest-Growing)

In the US Industrial Fasteners Market, steel holds the largest market share due to its strength, durability, and cost-effectiveness, making it the preferred choice for a wide range of industrial applications. Aluminum is gaining traction and is recognized as the fastest-growing segment, driven by its lightweight properties and increasing demand for energy-efficient solutions in various industries including automotive and aerospace. The growth trends for both materials are influenced by environmental considerations and technological advancements. Steel is experiencing steady demand in traditional manufacturing sectors, while aluminum's growth is propelled by trends favoring lightweight materials, especially in industries focused on boosting fuel efficiency. Furthermore, the rising emphasis on sustainable materials is enhancing the appeal of aluminum, contributing to its rapid market expansion.

Material Type: Steel (Dominant) vs. Aluminum (Emerging)

Steel is a dominant force in the industrial fasteners sector, widely recognized for its robustness and versatility in heavy-duty applications. It is essential for industries such as construction, automotive, and machinery, owing to its ability to withstand considerable stress and pressure. On the other hand, aluminum is an emerging material in this market, appealing particularly to sectors aiming for lighter, more energy-efficient solutions. With its corrosion resistance and low weight, it caters to a niche but expanding market of applications where reducing overall weight is critical. As industries continue to evolve, their preferences between these materials are shaping an interesting dynamic, highlighting the shift towards emerging materials like aluminum.

By Fastener Type: Bolts (Largest) vs. Screws (Fastest-Growing)

In the US Industrial Fasteners Market, the distribution of market share among the various fastener types reveals that bolts represent the largest segment, holding a significant portion of the market. They are widely preferred across diverse industries for their strength and reliability. Following bolts, screws have emerged as a fast-growing segment due to their versatility and increasing applications across manufacturing and construction sectors, making them vital in various assembly processes. Growth trends indicate a strong upward trajectory for both bolts and screws, driven by rising industrial activities and the demand for durable and efficient fastening solutions. The expansion of manufacturing capabilities and infrastructure projects further supports this growth, with screws witnessing particularly rapid adoption due to innovations in design and materials, enhancing their suitability for a wider range of applications.

Bolts (Dominant) vs. Washers (Emerging)

Bolts are recognized as the dominant segment within the US Industrial Fasteners Market, celebrated for their unparalleled strength and reliability in fastening applications. They play a pivotal role in construction and heavy machinery, where structural integrity is paramount. Meanwhile, washers are emerging as a critical component in various fastening applications, providing essential load distribution, vibration dampening, and sealing capabilities. Their growing utilization in automotive and electronic assembly applications is noteworthy, as innovations in materials and designs elevate their importance. As manufacturers focus on enhancing product quality and performance, the washer segment is witnessing increasing attention, reflecting a shift towards more integrated fastening solutions that support modern industrial demands.

By End Use Industry: Manufacturing (Largest) vs. Transportation (Fastest-Growing)

In the US Industrial Fasteners Market, the manufacturing sector holds a significant share, reflecting its crucial role in the overall economy. This segment benefits from robust production activities, serving various industries such as automotive, aerospace, and heavy machinery. Meanwhile, the transportation sector is emerging rapidly, driven by increasing investments in infrastructure, public transportation, and automotive innovation, showcasing its potential for exponential growth within the industrial fasteners market.

Manufacturing: Dominant vs. Transportation: Emerging

The manufacturing sector is the dominant end-user of industrial fasteners, characterized by its vast applications across various industries and its essential role in product assembly and maintenance. This sector is supported by consistent demand for fasteners in machinery, equipment, and structural applications. Conversely, the transportation sector represents an emerging opportunity within the market, fueled by innovations in electric vehicles and the need for sustainable logistics solutions. As transportation infrastructure expands and modernizes, the need for reliable, high-quality fasteners will steadily increase, positioning this segment for significant growth.

Get more detailed insights about US Industrial Fasteners Market

Key Players and Competitive Insights

The Industrial Fasteners Market in the US is characterized by a competitive landscape that is both dynamic and multifaceted. Key growth drivers include the increasing demand for durable and reliable fastening solutions across various sectors, such as construction, automotive, and aerospace. Major players like Fastenal Company (US), Illinois Tool Works Inc. (US), and Stanley Black & Decker Inc. (US) are strategically positioned to leverage innovation and operational efficiency. Fastenal Company (US) focuses on expanding its product offerings and enhancing its supply chain capabilities, while Illinois Tool Works Inc. (US) emphasizes technological advancements in manufacturing processes. Stanley Black & Decker Inc. (US) is actively pursuing mergers and acquisitions to bolster its market presence, collectively shaping a competitive environment that is increasingly reliant on technological integration and customer-centric solutions.

In terms of business tactics, companies are localizing manufacturing to reduce lead times and optimize supply chains, which is particularly crucial in a market that appears moderately fragmented. The collective influence of these key players fosters a competitive structure that encourages innovation and responsiveness to market demands. This localized approach not only enhances operational efficiency but also aligns with the growing emphasis on sustainability and reduced carbon footprints in manufacturing processes.

In December 2025, Fastenal Company (US) announced a strategic partnership with a leading technology firm to develop advanced inventory management solutions. This initiative is expected to streamline operations and improve customer service by providing real-time data analytics, thereby enhancing supply chain visibility. Such a move underscores Fastenal's commitment to leveraging technology to maintain a competitive edge in the market.

In November 2025, Illinois Tool Works Inc. (US) unveiled a new line of eco-friendly fasteners designed to meet the increasing demand for sustainable products. This product launch not only reflects the company's dedication to environmental responsibility but also positions it favorably in a market that is progressively leaning towards sustainability. The introduction of these fasteners could potentially attract a new customer base that prioritizes eco-conscious purchasing decisions.

In October 2025, Stanley Black & Decker Inc. (US) completed the acquisition of a prominent fastener manufacturer, which is anticipated to enhance its product portfolio and market reach. This acquisition is strategically significant as it allows Stanley Black & Decker to integrate innovative technologies and expand its operational capabilities, thereby reinforcing its competitive position in the market.

As of January 2026, current competitive trends in the Industrial Fasteners Market are increasingly defined by digitalization, sustainability, and the integration of artificial intelligence (AI) into manufacturing processes. Strategic alliances among key players are shaping the landscape, fostering collaboration that enhances innovation and operational efficiency. The shift from price-based competition to a focus on technological advancement and supply chain reliability is evident, suggesting that future competitive differentiation will hinge on the ability to innovate and adapt to evolving market demands.

Key Companies in the US Industrial Fasteners Market include

Future Outlook

US Industrial Fasteners Market Future Outlook

The US Industrial Fasteners Market is projected to grow at a 4.08% CAGR from 2025 to 2035, driven by advancements in manufacturing technologies, increased construction activities, and rising demand for lightweight materials.

New opportunities lie in:

  • Expansion into smart fastener technologies for enhanced tracking and performance monitoring.
  • Development of eco-friendly fasteners to meet sustainability regulations and consumer preferences.
  • Investment in automated assembly solutions to improve efficiency and reduce labor costs.

By 2035, the market is expected to be robust, driven by innovation and strategic investments.

Market Segmentation

US Industrial Fasteners Market Application Outlook

  • Automotive
  • Construction
  • Aerospace
  • Electronics
  • Marine

US Industrial Fasteners Market Fastener Type Outlook

  • Bolts
  • Nuts
  • Screws
  • Washers
  • Rivets

US Industrial Fasteners Market Material Type Outlook

  • Steel
  • Aluminum
  • Plastic
  • Brass
  • Titanium

US Industrial Fasteners Market End Use Industry Outlook

  • Manufacturing
  • Transportation
  • Energy
  • Telecommunications
  • Consumer Goods

Report Scope

MARKET SIZE 20249.19(USD Billion)
MARKET SIZE 20259.61(USD Billion)
MARKET SIZE 203514.28(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)4.08% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledFastenal Company (US), Illinois Tool Works Inc. (US), Stanley Black & Decker Inc. (US), Parker Hannifin Corporation (US), Southco Inc. (US), Alcoa Corporation (US), Bulten AB (SE), Screws and Fasteners Inc. (US)
Segments CoveredApplication, Material Type, Fastener Type, End Use Industry
Key Market OpportunitiesGrowing demand for lightweight materials in automotive and aerospace sectors drives innovation in the US Industrial Fasteners Market.
Key Market DynamicsTechnological advancements and regulatory changes drive innovation and competition in the US Industrial Fasteners Market.
Countries CoveredUS
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FAQs

What is the projected market valuation of the US Industrial Fasteners Market by 2035?

The US Industrial Fasteners Market is projected to reach a valuation of 14.28 USD Billion by 2035.

What was the market valuation of the US Industrial Fasteners Market in 2024?

In 2024, the overall market valuation of the US Industrial Fasteners Market was 9.19 USD Billion.

What is the expected CAGR for the US Industrial Fasteners Market during the forecast period 2025 - 2035?

The expected CAGR for the US Industrial Fasteners Market during the forecast period 2025 - 2035 is 4.08%.

Which application segment is projected to have the highest valuation by 2035?

The Automotive application segment is projected to reach a valuation of 4.25 USD Billion by 2035.

What are the projected valuations for the Aerospace segment by 2035?

The Aerospace segment is projected to reach a valuation of 1.85 USD Billion by 2035.

Which material type is expected to see the highest growth in the US Industrial Fasteners Market?

The Steel material type is expected to see the highest growth, projected to reach 5.73 USD Billion by 2035.

What is the projected valuation for the Screws fastener type by 2035?

The Screws fastener type is projected to reach a valuation of 4.19 USD Billion by 2035.

Which end-use industry is expected to grow significantly in the US Industrial Fasteners Market?

The Manufacturing end-use industry is expected to grow significantly, projected to reach 4.5 USD Billion by 2035.

Who are the key players in the US Industrial Fasteners Market?

Key players in the US Industrial Fasteners Market include Fastenal Company, Illinois Tool Works Inc., and Stanley Black & Decker Inc.

What is the projected valuation for the Marine application segment by 2035?

The Marine application segment is projected to reach a valuation of 2.08 USD Billion by 2035.

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