Europe Industrial Fasteners Market Size & Outlook, 2025-2033

Europe Industrial Fasteners Market Size

The Europe industrial fasteners size was valued at USD 25.08 billion in 2024 and is projected to grow from USD 26.26 billion in 2025 to USD 37.92 billion by 2033, growing at a CAGR of 4.7% during the forecast period (2025-2033).

Stainless steel is the primary material used in the production of fasteners, which are then put to use in a wide variety of industries to join, attach, or connect two or more separate items. The most common types of steel used in their construction are carbon steel, alloy steel, and stainless steel. These are industries that make considerable use of these items, including the aerospace industry, industrial machinery, plumbing supplies, motors, and pumps, among others. They have a coating or paint that prevents corrosion from being absorbed by the material.

Industrial fasteners include screws, nuts, bolts, flanges, anchors, hooks, rivets, washers, and many other devices that join two or more components. Cell phones, electrical devices or motors, automobiles, the building and construction industries, and many other industrial products use these instruments.

In the automobile industry, the most important components are the fasteners. The automobile is a structure that is constructed by the attachment and connections of a number of different pieces being assembled together, which allows the automobile to work in the correct manner. The most important components of every vehicle, regardless of whether it is designed for passenger or commercial use, are the fasteners. Almost every portion of an automobile is secured, yet there is still some degree of mobility allowed for the many components that can move within the vehicle.

Due to the fact that the automotive industry is one of the leading consumer-based sectors, the market for industrial fasteners is dominated by the automotive sector. The automobile industry makes extensive use of a variety of fasteners, including nuts, bolts, screws, rivets, studs, bits, as well as anchor and panel fasteners.

During the period covered by the forecast (from 2025 to 2035), it is anticipated that the market will expand at a compound annual growth rate of 4.23%. The employment of fasteners allows for the bonding or fastening of two or more items, or portions of a product or piece of equipment, to one another, resulting in the formation of a single product that is able to operate effectively when used in conjunction with other fasteners. These fasteners are capable of effectively fastening or bonding a wide variety of materials, including plastic, wood, and metal, among other things. In the most important sectors, such as automotive, electronics, aerospace, heavy equipment, marine, and industrial machinery, industrial fasteners are regarded as one of the most important elements.

Because they are essential to the production of a finished good that is both complete and operational, fasteners hold a large portion of the market, and they are one of the few types of industrial products that will never become outdated. Although there has been development in the field of fastening due to the emergence of procedures involving chemical bonding, the demand for fasteners has not decreased despite the resiliency of chemical bonding and the constraints it places on the industry.

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Europe Industrial Fasteners Market Growth Factors

Growth in the Automotive and Aerospace Industries

The automotive business is one of Europe's biggest buyers of industrial fasteners. The market is growing because more and more people want light fasteners that work well. For example, Germany is one of the top countries in Europe for making cars, and the automotive business in that country uses a lot of industrial fasteners. Bossard's bolts are made to meet the needs of automakers, such as reducing weight, having high tensile strength, and being corrosion-resistant. The company uses advanced materials like titanium and high-strength steel to make high-performance fasteners for the automotive business.

Market Restraining Factors

Competition from Low-Cost Manufacturers

In the last few years, low-cost makers from China and India have put a lot of pressure on the industrial fasteners market in Europe. These companies make fasteners for less money than their European competitors, which draws customers who care about prices. For example, Chinese manufacturers have made it harder for the Lindstrom Group, one of the UK's biggest distributors of industrial fasteners, to do business. The Lindstrom Group has been in business since 1949 and is known for its quality and dependability. In the past few years, however, the business has been under pressure from Chinese companies that make fasteners and sell them at lower prices than the Lindstrom Group.

Market Opportunity

Increasing Demand for Hybrid Fasteners

Hybrid fasteners are made of metal, plastic, and composites. Due to their lightweight and high-strength qualities, these fasteners have become popular in aerospace, automotive, and construction applications. European aerospace uses hybrid fasteners extensively hybrid fasteners lower aircraft weight and fuel efficiency. European aerospace giant Airbus employs hybrid fasteners to build its A350 XWB aircraft. These titanium and composite fasteners can resist harsh flight conditions. Thus, it provides a lucrative opportunity for market growth.

Country Insights

The Europe industrial fasteners market is segmented by country into Germany, France, the UK, Italy, Spain, and the rest of Europe. Germany dominated the market with a CAGR of 4.3% during the forecast period.

Germany, the UK, Russia, Italy, and France are major industrial fastener markets in Europe. However, industrial fasteners will likely expand significantly with the UK's exit from the EU in January 2020. The automotive industry dominates the industrial fasteners market revenue in the region. The European Automobile Manufacturers' Association reports that the European auto industry exports quality "Made in Europe" products, generating a USD 85.50 billion trade surplus for the EU. Additionally, EU automotive R&D spending rose 6.1% to USD 70.37 billion. Mercedes-Benz, Fiat, Renault, Volkswagen, and Ford are European automakers. These key firms are investing more in lightweight, sturdy car production. As a result, European automotive fastener demand is likely to expand quickly.

Air transport policies and activities in the EU's Member States are liberalized. IATA predicts a 5% annual growth in worldwide air travel for the next 20 years. A 36-nation European Common Aviation Area (ECAA) was created in 2006 by incorporating surrounding States into the single aviation market. Europe includes France, Germany, Italy, Russia, the UK, and the rest. Airbus, Dassault Aviation S.A., and Leonardo S.p.A is investing in the region due to the rising demand for lightweight and advanced military aircraft. The region's governments are also cooperating. For instance, in May 2021, France, Spain, and Germany agreed on developing a fighter plane to replace the French Rafales and German and Spanish Eurofighters from 2040 onward. With such investment, the aircraft fastener market will likely develop over the forecast period.

Product Insights

The market is further segmented by product into externally threaded, internally threaded and non-threaded. The externally threaded segment dominates the market and is expected to grow at a CAGR of 4.5% during the forecast period.

Type Insights

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 4.5% over the forecast period.

Bolt Insights

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 4.6% during the forecast period.

Application Insights

The market is further segmented based on application into Oil and Gas, Automotive, Aerospace, Construction, Industrial machinery, and others. Raw materials are further segmented into steel, Aluminum, and others. Steel dominated the market and is expected to register a CAGR of 4.4% over the forecast period.

List of key players in Europe Industrial Fasteners Market

1. Arconic
2. Acument Global Technologies
3. Fastenal
4. Atf Inc.
5. MW Industries Inc.
6. Dokka Fasteners
7. Nifco
8. The Hilti Group
9. Elgin Fastener Group
10. Birmingham Fastener
11. Supply Inc

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Recent Developments

• May 2023- The Apollo Funds agreed to acquire Arconic.
• March 2023- Hilti announced a strategic partnership with Canvas, a construction robot business. Canvas has made a robotic drywalling solution to help people build in new and exciting ways.