The Global Industrial Fasteners Market is expected to grow by US$ 25.8 billion during 2020-2026, progressing at a CAGR of 5% during the forecast period. Asia Pacific is the most significant revenue contributor in the global industrial fasteners market. The region is expected to witness significant developments in the industrial fasteners market.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, applications, and regions. The global market data on industrial fasteners can be segmented by product: aerospace grade, externally threaded, internally threaded, nonthreaded, and specifical application. The externally threaded segment held the largest market share in 2019. However, the aerospace grade segment is expected to witness the highest CAGR during the forecast period. Industrial fasteners market is further segmented by applications: construction, machinery, maintenance & repair operations, motor vehicles, and other OEM markets. The construction segment is expected to enjoy the highest CAGR through 2026.
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