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The Asia-Pacific Industrial Fasteners Market size was valued at USD 108.22 billion in 2025 and is projected to grow from USD 113.2 billion in 2026 to USD 162.21 billion by 2034 at a CAGR of 6.3% during the forecast period 2026–2034.
"Industrial fasteners" are high-quality fasteners used in many different industries and projects, from the auto industry to the shipping industry to building projects. Industrial fasteners are used in many areas, including construction. You need to know the basics about fasteners and what industrial fasteners to use for each job.
The demand for industrial fasteners is driven by the auto business's growth in China, Japan, and India. Industrial fasteners assemble the engine, suspension, braking systems, and other important car parts. For example, China is the biggest market for cars in the world. In 2020, more than 28 million cars will be sold there. The country's auto business has grown quickly in the past few years, which will likely continue. This rise is boosting the need for industrial fasteners used to build cars. Automotive screws, for example, are used in a car's engine, suspension, braking system, and other important parts. The region's demand for industrial fasteners will likely keep increasing in the coming years.
Adhesives and tapes may limit Asia-Pacific industrial fastener market growth. Adhesives and tapes, which weigh less and improve fuel efficiency, are popular in the car sector. Asia-Pacific industrial fastener markets include the automotive, construction, electronics, and aerospace industries, which employ adhesives and tapes. New eco-friendly adhesives and tapes may also affect industrial fastener demand.
As urbanization and industrialization in the Asia-Pacific area continue to speed up, so does the demand for infrastructure and construction projects. This is a big chance for the industrial fasteners market since fasteners are important parts of building and infrastructure projects. For example, in China, the government's Belt and Road Initiative (BRI) is driving infrastructure investments all over the country and in many neighboring countries. This is causing a large demand for industrial fasteners. In India, the government's big plans to improve infrastructure, such as building new airports, roads, and other big projects, drive demand for fasteners.
The Asia-Pacific industrial fasteners market is segmented based on product, type, bolt size, application, raw materials, and country.
The market is further segmented by product into Externally threaded, internally threaded and non-threaded
The Externally threaded segment domains segment dominates the market and is expected to grow at a CAGR of 8.2% during the forecast period.
By type, it is further segmented into Threaded fasteners, nuts, washers, and Rivets.
The Threaded fasteners dominated the market and are expected to register a CAGR of 7.5% over the forecast period.
The market is further segmented by bolt size into Less than ¼, ¼ to ¾, ¾ to 1, and more than 1.
The ¼ to ¾ segment dominates the market and is expected to grow at a CAGR of 6.7% during the forecast period.
The market is further segmented based on application into Oil and Gas, Automotive, Aerospace, construction, Industrial machinery, and others.
The automotive segment dominates the market and is expected to grow at a CAGR of 8.4% during the forecast period.
Raw materials are further segmented into steel, Aluminum, and others.
Steel dominated the market and is expected to register a CAGR of 8.4% over the forecast period.
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The Asia-Pacific industrial fasteners market is segmented by country: China, India, Japan, Australia, New Zealand, and the rest of Asia Pacific. China dominated the market with a CAGR of 7.7% during the forecast period.
Asia Pacific accounts for two-thirds of global economic growth. Due to the COVID-19 pandemic and global economic slowdown, Asia Pacific's GDP growth dropped by 1.5% in 2020, according to the IMF. In 2021, GDP growth is forecast to rise to 7.6% and moderate to 5.4% in 2022. Asia accounted for 40% of the global industrial fastener market in 2020. Automotive, industrial machinery, electronics, and construction drive the regional industrial fasteners business. The region supplies the most industrial fasteners worldwide. Roads, harbors, airports, and rail networks are needed to support Asia Pacific's economic expansion. M&As, integration, and site relocations have increased regional industrial development. India, Vietnam, Thailand, and Malaysia's industrial and infrastructure construction will fuel the Asia Pacific market.
The market will be driven by Asia Pacific infrastructure growth. According to Price Waterhouse and Coopers (PwC), the Asia Pacific infrastructure market is expected to grow 7% to 8% annually over the next decade, reaching USD 5.36 trillion by 2025 and roughly 60% of the global total. Infrastructure initiatives in industrial, transportation, extractive, and social sectors are growing.
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Author's Details
Research Head
Ismail Sutaria is a market intelligence and strategy professional with over 12 years of experience advising organizations across the chemicals, packaging, industrial machinery, and energy & power sectors. He specializes in delivering data-driven market assessments, commercial due diligence, industry benchmarking, demand forecasting, competitive strategy, and growth advisory that enable businesses to make confident investment and expansion decisions in complex industrial markets.
His expertise spans specialty and commodity chemicals, advanced and sustainable packaging solutions, industrial automation, manufacturing equipment, process engineering, renewable energy, conventional power generation, electrical infrastructure, and industrial technologies. Ismail has developed deep domain knowledge in evaluating market ecosystems, technology evolution, regulatory frameworks, supply-demand dynamics, pricing trends, value chain structures, and competitive landscapes across global and regional markets.
Over the course of his career, Ismail has advised manufacturers, technology providers, industrial suppliers, investment firms, and multinational corporations on market attractiveness, revenue opportunity assessments, product portfolio optimization, customer segmentation, sourcing strategies, and geographic expansion initiatives. His work enables clients to identify emerging opportunities, evaluate market risks, benchmark competitive positioning, and develop sustainable growth strategies aligned with evolving industry dynamics.
Recognized for his structured analytical approach and commercial perspective, Ismail excels at translating complex market developments into practical business intelligence. By integrating industry trends, technological innovation, policy developments, and evolving customer requirements, he helps organizations anticipate market transitions, strengthen strategic planning, and capitalize on long-term growth opportunities. His ability to bridge technical industry knowledge with commercial strategy has established him as a trusted advisor for businesses operating across the global chemicals, packaging, machinery, and energy value chains.
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