Industrial Fasteners Market to Hit 115.67 Billion USD by 2032

The global industrial fasteners market was valued at USD 91.04 billion in 2025 and is projected to reach USD 115.67 billion by 2032, growing at a CAGR of 3.48 percent. Automotive sector demand, renewable energy infrastructure, and global infrastructure spending are key growth drivers. Asia Pacific holds 48.8 percent market share and is growing at 4.27 percent CAGR. The bolts segment is expected to grow fastest. Key players include Illinois Tool Works, Stanley Black and Decker, SFS AG, Lisi Group, and Bulten AB. Source: PR Newswire / MarketsandMarkets