Top 6 Companies in Global Industrial Fasteners Market

According to the research report, “Global Industrial Fasteners Market Outlook, 2029” published by Bonafide Research, the market is anticipated to cross USD 125 Billion by 2029, increasing from USD 94.88 Billion in 2023. The market is expected to grow with 4.98% CAGR by 2024-29. The significance of industrial fasteners cannot be overstated as they serve as the backbone of manufacturing and construction, facilitating the assembly of everything from automobiles and airplanes to bridges and buildings. Without reliable fastening solutions, the structural integrity and safety of these structures would be compromised. Moreover, industrial fasteners contribute to efficiency and cost-effectiveness in production processes. By enabling quick and easy assembly, they help reduce downtime and labor costs, ultimately improving productivity and profitability for businesses. 

Largest Industrial Fasteners Market Companies in the World.

1. Misumi Corporation

Misumi Corporation was founded in 1963 under the name Misumi Shoji Co., Ltd. In the early years of its founding, the company focused primarily on the sale of electronic equipment and bearings, as well as press die components. It offers various products such as die components including punches, button dies, gas springs, ejector pins, precision guide pins, sprue bushings, parting lock sets and taper pins. MISUMI is configured to save time throughout the product lifecycle from design to build and ongoing maintenance. With over 20 million products globally for automation, press die, and plastic mold applications, MISUMI is the most comprehensive, user friendly engineering resource for a variety of industries including automotive, medical equipment, consumer packaging, semiconductor, and more. MISUMI offers Screws, Bolts products in the Fasteners category such as, Cross Recessed Bolts, Micro Screws, Pan Head Machine Screws for Precision Instruments, Screws with Captured Washer, Self Tapping Screws, Taptite High Tech Screws, Tamper Proof Button Head Cap Screws, Hex Screws, Hex Socket Head Cap Screws and many more products that are related to Screws, Bolts.

2. Illinois Tool Works Inc.

Founded in 1912, ITW is a global multi-industry manufacturing built around a differentiated and proprietary business model. The company’s major products include metal and plastic components, fasteners and assemblies, warehousing equipment, cooking equipment, consumables, refrigerators, freezers, adhesives, chemical fluids, hand wipes, fillers and putties, and arc welding equipment. The Company is a global manufacturer of a diversified range of industrial products and equipment with 84 divisions in 51 countries. Illinois Tool Works Inc. is a Fortune 200 global multi-industry manufacturing with revenue of $16.1 billion in 2023.

3. SFS Group AG

SFS Group AG, a company that provides tools, fastening systems, and precision components for various industries, was founded in 1928 as the Stadler hardware store in Altstätten. SFS Group AG's products and services are sold under the brands SFS, SFS intec, Unisteel, GESIPA, and SFS unimarket. The company offers its products and solutions to the automotive, construction, electrical, aerospace and medical components industries. It operates manufacturing sites across Europe, Asia, and North America. SFS is headquartered in Heerbrugg, St. Gallen, Switzerland. F.Y. 2023 Revenue is 3073 Million CHF.

4. Stanley Black & Decker, Inc.

Stanley Black & Decker, Inc. was founded in 1843 by Frederick T. Stanley and incorporated in Connecticut in 1852. I Stanley Black & Decker Inc (Stanley) is a global provider of industrial equipment. The company's primary activities involve the manufacturing, marketing, and selling of a wide range of tools, accessories, and engineered fastening systems. Brands like DEWALT, CRAFTSMAN, STANLEY, BLACK+DECKER, Cub Cadet, Hustler and Troy-Bilt. Stanley is headquartered in New Britain, Connecticut, the US. As of December 30, 2023, the Company had approximately 50,500 employees in 59 countries. As of December 30, 2023, the Company and its subsidiaries owned or leased significant facilities used for manufacturing, distribution and sales offices in 21 states and 22 countries. Stanley Black & Decker, Inc.

5. Precision Castparts Corporation

Precision Castparts (PCC) was founded by Joseph Buford Cox on April 1, 1953.  PCC also manufactures extruded seamless pipe, fittings, forgings, and clad products for power generation and oil & gas applications; commercial and military airframe aerostructures; and metal alloys and other materials to the casting and forging industries. The company operates through three reportable segments: Investment Cast Products, Forged Products and Airframe Products.

6. Arconic Corporation

Arconic is built on an extraordinary heritage of innovation that began with the founding of Alcoa in 1888. Arconic Corporation, headquartered in Pittsburgh, Pennsylvania, is a leading provider of aluminum sheet, plate and extrusions, as well as innovative architectural products, that advance the ground transportation, aerospace, building and construction, industrial, and packaging end markets. In May 2023, Apollo Global Management agreed to acquire Arconic in an all-cash deal worth $5.2 billion, including debt. The purchase was completed in August.