North America Industrial Fasteners Market Size 2024
USD 28,951.44 Million
North America Industrial Fasteners Market, CAGR
3.28%
North America Industrial Fasteners Market Size 2032
USD 37,475.35 Million
Market Overview
The North America Industrial Fasteners Market is projected to grow from USD 28,951.44 million in 2024 to an estimated USD 37,475.35 million by 2032, with a compound annual growth rate (CAGR) of 3.28% from 2025 to 2032. This growth is driven by increasing industrial production, demand for durable and high-quality fasteners, and advancements in manufacturing technologies.
Key drivers of the market include the rising demand for high-performance fasteners in the automotive and aerospace industries, the growth of the construction sector, and innovations in fastener designs to meet stringent performance standards. Trends such as automation in manufacturing processes and the shift towards lightweight materials in industrial applications also drive the market. Furthermore, the growing focus on safety standards and the need for corrosion-resistant and durable fasteners are influencing market dynamics positively.
Geographically, North America holds a significant share of the global industrial fasteners market, driven by the presence of established manufacturing hubs and key industries in the United States and Canada. The market is characterized by the dominance of key players, including Stanley Black & Decker, Illinois Tool Works, and Fastenal, which continue to innovate and meet the evolving needs of industrial sectors in the region. These players, along with ongoing infrastructure projects and technological advancements, are shaping the market landscape.
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The North American Industrial Fasteners Market is projected to grow from USD 28,951.44 million in 2024 to USD 37,475.35 million by 2032, driven by a CAGR of 3.28% from 2025 to 2032.
Growth is fueled by increased demand for high-performance fasteners in automotive, aerospace, and construction industries, along with technological advancements in manufacturing.
Trends such as automation in manufacturing and a shift toward lightweight materials in industrial applications are pushing market expansion.
Price volatility in raw materials, particularly metals like steel and aluminum, poses challenges to fastener manufacturers in terms of production costs.
Growing environmental concerns are driving the demand for eco-friendly and corrosion-resistant fasteners, especially in the automotive and construction sectors.
The U.S. holds a dominant share of the market, with Canada also contributing through its strong industrial and manufacturing base, while Mexico is emerging as a key player.
Major players such as Stanley Black & Decker, Illinois Tool Works, and Fastenal lead the market, focusing on innovation, high-quality standards, and expanding distribution networks.
Market Drivers
Technological Advancements in Fastener Manufacturing
Technological advancements in fastener manufacturing are one of the key drivers of the North American industrial fasteners market. Innovations in production technologies, such as automated manufacturing systems and additive manufacturing (3D printing), have enabled the production of fasteners that offer improved precision, strength, and customization options. Automation and robotics in manufacturing processes have also increased efficiency, reduced production costs, and allowed for faster time-to-market. Furthermore, the advent of new materials, such as high-strength alloys and corrosion-resistant coatings, has enhanced the performance characteristics of fasteners, making them suitable for use in industries with demanding applications, such as automotive, aerospace, and energy. The continuous evolution in manufacturing technologies enables fastener manufacturers to produce more specialized and efficient products, thereby fueling market growth. Additionally, the growing interest in smart manufacturing and the integration of Internet of Things (IoT) technology into the manufacturing process have opened new opportunities for fasteners that offer real-time performance monitoring and predictive maintenance capabilities, thus providing further impetus to the market.
Demand for Lightweight and High-Performance Fasteners
The demand for lightweight and high-performance fasteners is another key driver shaping the North American industrial fasteners market. The increasing use of lightweight materials in industries such as automotive and aerospace has created a need for fasteners that can maintain strength and reliability while reducing overall weight. Lightweight fasteners made from advanced materials such as titanium, aluminum alloys, and carbon fiber composites are being increasingly adopted to meet the stringent performance and safety requirements of modern vehicles and aircraft. This demand is particularly prevalent in the automotive sector, where fuel efficiency and reduced carbon emissions are becoming more important. Manufacturers are increasingly focused on reducing the weight of their products, and as a result, lightweight fasteners play a crucial role in helping to achieve these goals. Similarly, the aerospace sector, with its growing focus on reducing fuel consumption and increasing aircraft efficiency, relies on lightweight fasteners that can withstand high stress and extreme environmental conditions. As industries continue to prioritize lightweight solutions and high-performance standards, the demand for fasteners that meet these requirements will continue to drive market growth.
Growth in the Automotive and Aerospace Industries
The automotive and aerospace sectors are major contributors to the North American industrial fasteners market. As these industries continue to expand, the demand for fasteners increases in response to evolving manufacturing requirements. For instance, major automotive companies are focusing on electric vehicles (EVs) and autonomous driving technology, which requires advanced fasteners to support the unique design and lightweight structures of these vehicles. Similarly, aerospace companies like Boeing and Airbus are experiencing high demand for specialized fasteners due to their large order backlogs and the need for precision and strength in aircraft components. The growing demand for both commercial and military aerospace applications is driving the market for fasteners designed to withstand extreme conditions and stresses. As both industries grow, the need for high-performance and durable fasteners will remain a key driver for the market.
Expansion of the Construction Sector
The construction industry is another significant driver of the North American industrial fasteners market. Infrastructure projects, including residential, commercial, and industrial construction, require fasteners for a wide range of applications such as steel framing, flooring, roofing, and structural components. For instance, construction companies like Vinci and Skanska are involved in numerous infrastructure projects across North America, which necessitate the use of industrial fasteners. The continuous urbanization and industrialization in the region, particularly in major cities in the United States and Canada, are contributing to an increasing number of construction projects that require industrial fasteners. Moreover, there is a growing trend of using advanced materials in construction, such as lightweight alloys, which require specialized fasteners for better performance and durability. The increase in the number of construction projects and infrastructure development, such as highways, bridges, and industrial plants, creates a persistent demand for fasteners. Furthermore, the shift towards green buildings and eco-friendly construction practices has resulted in the demand for sustainable and corrosion-resistant fasteners, pushing innovation and expanding market growth.
Market Trends
Advancements in High-Performance and Specialized Fasteners
As industries continue to evolve, the demand for high-performance and specialized fasteners has become a prominent trend in the North American market. Fasteners are increasingly required to meet more complex and demanding specifications due to advancements in technology and stricter performance standards across various sectors. For instance, in the automotive industry, with the rise of electric vehicles (EVs), the need for fasteners that are lightweight, corrosion-resistant, and capable of withstanding high stress is critical. Similarly, in aerospace, the push for fuel-efficient aircraft has driven the demand for fasteners made from advanced materials like titanium and high-strength alloys, which can withstand extreme temperatures and pressures. The construction sector also requires specialized fasteners for applications that require resistance to extreme weather conditions, heavy loads, and vibration. As industries pursue innovations in materials and design, manufacturers of industrial fasteners are focused on creating products with superior strength, durability, and reliability. The trend toward high-performance fasteners is driving advancements in material science and manufacturing techniques, further pushing the market toward more specialized and tailored fastener solutions.
Growing Demand for Digitalization and Smart Manufacturing in Fastener Production
Another key trend currently shaping the North American industrial fasteners market is the growing emphasis on digitalization and smart manufacturing. Manufacturers are increasingly adopting digital technologies to enhance production efficiency, reduce downtime, and improve product quality. The use of IoT-enabled devices, sensors, and real-time data analytics allows manufacturers to monitor production processes more effectively and make data-driven decisions. By incorporating sensors into fastener production lines, manufacturers can collect valuable data on machine performance, product quality, and supply chain logistics, which can then be analyzed to optimize operations. Predictive maintenance, powered by digital tools, helps prevent equipment failure, reduce downtime, and extend the lifespan of machines, further improving cost efficiency. Additionally, the integration of Artificial Intelligence (AI) and machine learning (ML) in production lines is enabling faster detection of defects, better design optimization, and improved customization of fasteners. As manufacturers continue to embrace digital tools and adopt smart manufacturing processes, the industrial fasteners market is becoming increasingly data-driven, leading to more efficient and innovative solutions in fastener production.
Integration of Automation and Robotics in Manufacturing
The adoption of automation and robotics is revolutionizing the North American industrial fasteners market, driving efficiency, precision, and scalability. Many companies are leveraging robotic systems such as collaborative robots (cobots) and autonomous mobile robots (AMRs) to streamline operations. These technologies not only handle repetitive tasks like assembly and sorting but also improve workplace safety by reducing manual intervention. For instance, cobots equipped with advanced sensors work alongside human operators, enhancing productivity without compromising safety. Additionally, manufacturers are integrating AI-driven analytics into their robotic systems to enable predictive maintenance, optimize energy usage, and adapt to real-time production needs. This trend aligns with the broader Industry 4.0 movement, where interconnected smart factories utilize data analytics and IoT tools for seamless production management. Government initiatives, such as funding programs for small- and medium-sized enterprises to adopt smart manufacturing technologies, are further accelerating this transformation. Companies that invest in these advancements report significant operational benefits, including reduced downtime, lower labor costs, and improved product quality. As automation becomes a cornerstone of fastener production, its role in shaping the industry’s future is undeniable.
Shift Toward Sustainable and Eco-friendly Fasteners
Sustainability is reshaping the industrial fasteners market as manufacturers respond to environmental concerns and regulatory pressures. Companies are increasingly adopting recycled materials and non-toxic coatings to reduce their ecological footprint. For instance, some manufacturers use advanced alloys or biodegradable polymers to create durable yet eco-friendly fasteners. Innovations in energy-efficient production processes, such as additive manufacturing and renewable energy integration, further enhance sustainability efforts by minimizing waste and emissions. Additionally, circular economy principles are gaining traction; take-back programs allow consumers to return used fasteners for recycling, fostering resource recovery and reducing landfill contributions. Industries like automotive and construction are driving demand for these sustainable solutions as they seek materials that align with green certification standards. Moreover, fasteners designed for easy disassembly at the end of their lifecycle contribute to a circular economy by facilitating reuse or recycling. This shift is not only environmentally beneficial but also economically advantageous as companies gain competitive edges through compliance with stricter regulations and alignment with consumer preferences for greener products.
Market Challenges
Raw Material Price Volatility
One of the key challenges faced by the North American industrial fasteners market is the volatility in the prices of raw materials, particularly steel, aluminum, and other metal alloys. These materials are integral to the production of industrial fasteners, and fluctuations in their prices can significantly impact production costs. Price hikes in raw materials are often driven by factors such as geopolitical instability, trade tariffs, and supply chain disruptions. For instance, the imposition of tariffs on steel imports or the fluctuation of global steel prices due to demand-supply imbalances can result in higher production costs for fastener manufacturers. This cost increase may, in turn, affect the pricing of fasteners, reducing their competitiveness in the market. Manufacturers are also under pressure to maintain profit margins while managing these rising costs, leading to potential compromises in the quality or affordability of the final product. To mitigate these challenges, companies must adopt strategies such as diversifying their supply chains, establishing long-term contracts with suppliers, or investing in alternative materials to reduce dependency on volatile raw materials.
Intense Market Competition and Price Pressure
The North American industrial fasteners market is highly competitive, with a large number of established global players and regional manufacturers vying for market share. This intense competition, coupled with the pressure to offer low-cost solutions, presents a significant challenge for fastener manufacturers. Smaller companies may struggle to compete with larger players who benefit from economies of scale, extensive distribution networks, and brand recognition. Additionally, price pressure from customers seeking cost-effective solutions can lead to reduced profit margins, making it difficult for companies to invest in innovation, quality improvement, and technology upgrades. To stay competitive, manufacturers must find ways to differentiate themselves, such as through product innovation, superior customer service, or focusing on niche markets that require specialized fasteners. However, balancing innovation and cost-efficiency remains a delicate challenge in such a price-sensitive environment.
Market Opportunities
Demand for Lightweight and High-Performance Fasteners
As industries such as automotive and aerospace continue to focus on reducing weight and improving efficiency, the demand for lightweight and high-performance fasteners presents a significant market opportunity. In the automotive sector, particularly with the rise of electric vehicles (EVs), there is a growing need for fasteners that are both strong and lightweight, capable of withstanding the demands of modern vehicle designs. Similarly, the aerospace industry, which is moving toward more fuel-efficient and lightweight aircraft, relies heavily on specialized fasteners made from advanced materials such as titanium and composites. Manufacturers can capitalize on this trend by developing and offering fasteners that meet the specific requirements of these industries, thus positioning themselves as key suppliers in high-growth sectors.
Sustainability and Eco-friendly Fasteners
With increasing emphasis on sustainability and environmental responsibility, there is a growing opportunity for manufacturers to develop and offer eco-friendly fasteners. The shift toward using recyclable materials, corrosion-resistant coatings, and reducing the environmental impact of production processes is gaining momentum. Industries such as construction, automotive, and energy are increasingly adopting sustainable solutions, which include the use of fasteners that support green building standards and energy-efficient designs. Companies that invest in sustainable fastener technologies and products will benefit from this shift in consumer preferences and regulatory pressures, ultimately driving market growth while enhancing their competitive edge.
Market Segmentation Analysis
By Product Type
The North American industrial fasteners market is segmented into externally threaded, internally threaded, non-threaded, and aerospace-grade fasteners, each serving specific industrial needs. Externally threaded fasteners, including bolts, screws, and nuts, represent a significant portion of the market due to their strength, versatility, and broad usage in sectors such as automotive, construction, and machinery. Internally threaded fasteners, like inserts, nuts, and bushings, are crucial for secure fastening in applications where bolts and screws are inserted, especially in the automotive and aerospace industries where precision and reliability are essential. Non-threaded fasteners, such as rivets, pins, and washers, are valued for their ease of installation and are commonly used in industries requiring quick assembly, including electronics and machinery. Aerospace-grade fasteners, designed using advanced materials like titanium and specialty alloys, are gaining traction due to the rising need for high-performance, lightweight fastening solutions that meet stringent aerospace standards.
By Raw Material
The market is also categorized based on raw materials, primarily into metal and plastic fasteners, each offering distinct advantages. Metal fasteners dominate the market owing to their superior strength, durability, and ability to perform under high-stress conditions. Widely used metals include steel, stainless steel, aluminum, and titanium, making them the preferred choice in demanding sectors like automotive, aerospace, and oil & gas. On the other hand, plastic fasteners are emerging as a viable alternative in applications where weight reduction, corrosion resistance, and cost efficiency are priorities. Industries such as electronics, construction, and automotive are increasingly adopting plastic fasteners for non-load-bearing applications, reflecting a growing shift toward lightweight and sustainable fastening solutions.
Segments
Based on Product
Externally Threaded Fasteners
Internally Threaded Fasteners
Non-threaded Threaded Fasteners
Aerospace Grade Fasteners
Based on Raw Material
Metal fasteners
Plastic Fasteners
Based on Application
Automotive
Aerospace
Oil & Gas
Building & Construction
Others
Based on Distribution Channel
Direct
Indirect
Based on Region
United States
Canada
Regional Analysis
United States (80%)
The United States holds the largest share of the North American industrial fasteners market, accounting for approximately 80% of the market. The U.S. is home to numerous manufacturing industries that heavily rely on fasteners, including automotive, aerospace, construction, and machinery. The country’s advanced technological infrastructure, along with its position as a global leader in industrial production, drives the demand for both general-purpose and specialized fasteners. Additionally, the U.S. is a key player in the automotive sector, where fasteners are crucial for manufacturing vehicles, including the rising demand for electric and autonomous vehicles, which requires high-performance and lightweight fasteners. Aerospace is another prominent sector, with a growing need for aerospace-grade fasteners to meet the increasing demand for air travel and military applications. Furthermore, the ongoing development of infrastructure, such as roads, bridges, and residential and commercial buildings, contributes significantly to the demand for fasteners in the construction industry.
Canada (15%)
Canada holds a smaller but still important share of the market, approximately 15%. Although the Canadian market is smaller than that of the U.S., it is growing steadily due to its strong manufacturing base, particularly in sectors like automotive, oil and gas, and construction. The country’s oil and gas industry, which operates in harsh conditions, drives the demand for specialized, corrosion-resistant fasteners. Additionally, with Canada’s commitment to infrastructure development and energy projects, the construction and renewable energy sectors contribute to a steady demand for industrial fasteners. Moreover, Canada’s proximity to the U.S. allows for easy trade and logistics, further facilitating the growth of the fasteners market in the region.
Key players
ARaymond Industrial
Marmon Holdings Inc. (Berkshire Hathaway)
Fontana Gruppo
Illinois Tool Works
Stanley Black & Decker Inc.
Competitive Analysis
The North American industrial fasteners market is highly competitive, with several key players leading the market. ARaymond Industrial focuses on innovative fastening solutions, leveraging advanced technologies to cater to industries such as automotive and construction. Marmon Holdings Inc. (Berkshire Hathaway) offers a diversified portfolio of fasteners across various sectors, including automotive, aerospace, and energy, giving it a significant market presence. Fontana Gruppo specializes in high-quality fasteners for the automotive and industrial sectors, focusing on precision and reliability. Illinois Tool Works is a global leader, known for its strong distribution network and ability to meet the diverse needs of the automotive, aerospace, and construction industries. Stanley Black & Decker Inc., with its broad product range and strong brand recognition, competes aggressively by offering cost-effective and high-performance fasteners. The competition among these players drives constant innovation and maintains a focus on quality and customer service.
Recent Developments
In December 2024, Nitto Seiko reported progress under its medium-term business plan “Mission G-second,” focusing on automation and electrification demands. Despite economic slowdowns in regions like the U.S. and Thailand, the company improved operating income through price adjustments for screw fastening machines.
In December 2024, ARP launched an upgraded high-strength fastener kit for DART LS Next engine blocks. This kit uses 8740 chromoly steel, offering improved fatigue strength and reliability, catering to high-performance automotive applications.
In February 2024, ITW reported its financial results for 2023, highlighting a 2% organic growth and a 130 basis point increase in operating margin to 25.1%. While the report emphasizes customer-focused innovation, it does not specifically detail advancements in fastener product lines.
In January 2025, Arconic undertook a project to relocate a 10,000-ton forging press from overseas to a new facility in Rancho Cucamonga, California. This expansion aimed to enhance their aeronautics operations by integrating advanced manufacturing capabilities.
In February 2025, Nifco has focused on sustainability by developing plastic products that enhance workability and reduce weight in automotive applications, contributing to better fuel efficiency and reduced environmental impact.
Market Concentration and Characteristics
The North American industrial fasteners market is moderately concentrated, with a few major players dominating the market while several smaller, regional manufacturers also contribute to the competition. Key players such as ARaymond Industrial, Marmon Holdings Inc. (Berkshire Hathaway), Fontana Gruppo, Illinois Tool Works, and Stanley Black & Decker Inc. have strong brand recognition, broad product portfolios, and significant manufacturing capabilities, allowing them to capture a large share of the market. However, the market also features a number of specialized companies that focus on niche segments, offering tailored solutions for industries like aerospace, automotive, and construction. The market is characterized by a high level of innovation, with companies investing in advanced technologies, sustainable materials, and customization to meet the evolving demands of diverse industrial applications. Despite the presence of large players, the competitive landscape remains dynamic, driven by product innovation and regional variations in demand.
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The research report offers an in-depth analysis based on Product, Raw Material, Application, Distribution Channel and Region. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.
Future Outlook
The demand for industrial fasteners in the automotive sector will remain robust, fueled by the growth of electric vehicles and advancements in automotive technologies. Fasteners will be critical for lightweighting and energy-efficient designs in new vehicle models.
The aerospace industry’s growing need for high-performance and lightweight fasteners will drive market growth. Innovations in aerospace materials will require specialized fasteners to meet stringent safety and durability standards.
Ongoing infrastructure projects in North America, including roads, bridges, and buildings, will contribute significantly to fastener demand. This trend is expected to grow as governments invest in large-scale public works and urban development.
Sustainability will become a primary focus, with fastener manufacturers adopting eco-friendly materials and production methods. The shift towards recyclable materials and corrosion-resistant coatings will drive market innovation.
Automation and smart manufacturing technologies, including AI and IoT integration, will enhance fastener production efficiency. These advancements will lead to faster turnaround times and more precise products, benefiting manufacturers and end-users alike.
There will be a growing demand for customized fasteners that meet specific industry needs. Sectors such as oil & gas, aerospace, and medical devices will increasingly require tailored solutions for specialized applications.
Plastic and composite fasteners will see increased adoption due to their lightweight, corrosion-resistant, and cost-effective properties. This trend will be particularly prominent in the automotive and electronics industries.
The market will likely see further consolidation as major players acquire smaller, specialized manufacturers to enhance their portfolios. This trend will create more competition, driving innovation and cost-efficiency across the market.
The integration of smart technologies, such as sensors and IoT capabilities, into fasteners will become more prevalent. These “smart” fasteners will provide real-time data for monitoring and predictive maintenance applications.
Mexico’s growing manufacturing sector, especially in automotive and electronics, will drive increased demand for industrial fasteners. The country’s proximity to the U.S. and its role as a manufacturing hub will contribute to regional market growth.
CHAPTER NO. 1 : INTRODUCTION 16
1.1.1. Report Description 16 Purpose of the Report 16 USP & Key Offerings 16
1.1.2. Key Benefits for Stakeholders 16
1.1.3. Target Audience 17
1.1.4. Report Scope 17 CHAPTER NO. 2 : EXECUTIVE SUMMARY 18
2.1. North America Industrial Fasteners Market Snapshot 18
2.1.1. North America Industrial Fasteners Market, 2018 – 2032 (USD Million) 19 CHAPTER NO. 3 : NORTH AMERICA INDUSTRIAL FASTENERS MARKET – INDUSTRY ANALYSIS 20
3.1. Introduction 20
3.2. Market Drivers 21
3.2.1. Growth in Automotive and Aerospace Industries 21
3.2.2. Technological Advancements in Fastener Design 22
3.3. Market Restraints 23
3.3.1. Raw Material Price Fluctuations 23
3.4. Market Opportunities 24
3.4.1. Market Opportunity Analysis 24
3.5. Porter’s Five Forces Analysis 25 CHAPTER NO. 4 : ANALYSIS COMPETITIVE LANDSCAPE 26
4.1. Company Market Share Analysis – 2024 26
4.1.1. North America Industrial Fasteners Market: Company Market Share, by Volume, 2024 26
4.1.2. North America Industrial Fasteners Market: Company Market Share, by Revenue, 2024 27
4.1.3. North America Industrial Fasteners Market: Top 6 Company Market Share, by Revenue, 2024 27
4.1.4. North America Industrial Fasteners Market: Top 3 Company Market Share, by Revenue, 2024 28
4.2. North America Industrial Fasteners Market Company Revenue Market Share, 2024 29
4.3. Company Assessment Metrics, 2024 30
4.3.1. Stars 30
4.3.2. Emerging Leaders 30
4.3.3. Pervasive Players 30
4.3.4. Participants 30
4.4. Start-ups /SMEs Assessment Metrics, 2024 30
4.4.1. Progressive Companies 30
4.4.2. Responsive Companies 30
4.4.3. Dynamic Companies 30
4.4.4. Starting Blocks 30
4.5. Strategic Developments 31
4.5.1. Acquisitions & Mergers 31 New Product Launch 31 North America Expansion 31
4.6. Key Players Product Matrix 32 CHAPTER NO. 5 : PESTEL & ADJACENT MARKET ANALYSIS 33
5.1. PESTEL 33
5.1.1. Political Factors 33
5.1.2. Economic Factors 33
5.1.3. Social Factors 33
5.1.4. Technological Factors 33
5.1.5. Environmental Factors 33
5.1.6. Legal Factors 33
5.2. Adjacent Market Analysis 33 CHAPTER NO. 6 : INDUSTRIAL FASTENERS MARKET – NORTH AMERICA 33
6.1. North America 33
6.1.1. Key Highlights 34
6.1.2. North America Industrial Fasteners Market Revenue, By Country, 2018 – 2023 (USD Million) 35
6.1.3. North America Industrial Fasteners Market Revenue, By Product, 2018 – 2023 (USD Million) 36
6.1.4. North America Industrial Fasteners Market Revenue, By Raw Material, 2018 – 2023 (USD Million) 37
6.1.5. North America Industrial Fasteners Market Revenue, By Application, 2018 – 2023 (USD Million) 38
6.1.6. North America Industrial Fasteners Market Revenue, By Distribution Channel, 2018 – 2023 (USD Million) 39
6.2. U.S. 40
6.3. Canada 40
6.4. Mexico 40 CHAPTER NO. 7 : COMPANY PROFILES 41
7.1. ARaymond Industrial 41
7.1.1. Company Overview 41
7.1.2. Product Portfolio 41
7.1.3. Swot Analysis 41
7.1.4. Business Strategy 42
7.1.5. Financial Overview 42
7.2. Marmon Holdings Inc (Berkshire Hathaway) 43
7.3. Fontana Gruppo 43
7.4. Illinois Tool Works 43
7.5. Stanley Black & Decker Inc. 43
7.6. Company 6 43
7.7. Company 7 43
7.8. Company 8 43
7.9. Company 9 43
7.10. Company 10 43
7.11. Company 11 43
7.12. Company 12 43
7.13. Company 13 43
7.14. Company 14 43
List of Figures
FIG NO. 1. North America Industrial Fasteners Market Revenue, 2018 – 2032 (USD Million) 19
FIG NO. 2. Porter’s Five Forces Analysis for North America Industrial Fasteners Market 25
FIG NO. 3. Company Share Analysis, 2024 26
FIG NO. 4. Company Share Analysis, 2024 27
FIG NO. 5. Company Share Analysis, 2024 27
FIG NO. 6. Company Share Analysis, 2024 28
FIG NO. 7. North America Industrial Fasteners Market – Company Revenue Market Share, 2024 29
FIG NO. 8. North America Industrial Fasteners Market Revenue, 2018 – 2032 (USD Million) 34
List of Tables
TABLE NO. 1. : North America Industrial Fasteners Market: Snapshot 18
TABLE NO. 2. : Drivers for the North America Industrial Fasteners Market: Impact Analysis 21
TABLE NO. 3. : Restraints for the North America Industrial Fasteners Market: Impact Analysis 23
TABLE NO. 4. : North America Industrial Fasteners Market Revenue, By Country, 2018 – 2023 (USD Million) 35
TABLE NO. 5. : North America Industrial Fasteners Market Revenue, By Country, 2024 – 2032 (USD Million) 35
TABLE NO. 6. : North America Industrial Fasteners Market Revenue, By Product, 2018 – 2023 (USD Million) 36
TABLE NO. 7. : North America Industrial Fasteners Market Revenue, By Product, 2024 – 2032 (USD Million) 36
TABLE NO. 8. : North America Industrial Fasteners Market Revenue, By Raw Material, 2018 – 2023 (USD Million) 37
TABLE NO. 9. : North America Industrial Fasteners Market Revenue, By Raw Material, 2024 – 2032 (USD Million) 37
TABLE NO. 10. : North America Industrial Fasteners Market Revenue, By Application, 2018 – 2023 (USD Million) 38
TABLE NO. 11. : North America Industrial Fasteners Market Revenue, By Application, 2024 – 2032 (USD Million) 38
TABLE NO. 12. : North America Industrial Fasteners Market Revenue, By Distribution Channel, 2018 – 2023 (USD Million) 39
TABLE NO. 13. : North America Industrial Fasteners Market Revenue, By Distribution Channel, 2024 – 2032 (USD Million) 39
Frequently Asked Questions
What is the projected market size of the North American Industrial Fasteners Market in 2023 and 2032?
The North American Industrial Fasteners Market is projected to reach USD 28,951.44 million in 2024 and grow to an estimated USD 37,475.35 million by 2032, with a CAGR of 3.28% from 2025 to 2032.
What are the main drivers of growth in the North American Industrial Fasteners Market?
Key drivers include increasing industrial production, demand for durable fasteners, advancements in manufacturing technologies, and the rising need for high-performance fasteners in automotive, aerospace, and construction.
Which industries are contributing to the growth of the North American Industrial Fasteners Market?
The automotive, aerospace, construction, and machinery industries are major contributors, with growing demand for durable and high-quality fasteners for various applications across these sectors.
How is technology influencing the North American Industrial Fasteners Market?
Technological advancements such as automation, lightweight materials, and innovations in fastener designs are driving the market by improving manufacturing efficiency and meeting the evolving needs of various industries.
Who are the key players in the North American Industrial Fasteners Market?
Key players in the market include Stanley Black & Decker, Illinois Tool Works, and Fastenal, which are known for their innovation and ability to meet the diverse needs of industrial sectors in North America.
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