| Product Code: ETC249204 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s aluminum alloy fasteners import market saw significant growth in 2024, with top exporting countries being China, Taiwan, Thailand, USA, and South Korea. The market continues to exhibit high concentration with a high Herfindahl-Hirschman Index (HHI). The impressive compound annual growth rate (CAGR) of 23.26% from 2020-2024 indicates a robust market expansion. Moreover, the growth rate from 2023-2024 at 28.77% highlights the accelerating pace of imports in this sector. With key players dominating the market, it will be crucial for stakeholders to closely monitor these trends for strategic decision-making.

The India aluminum alloy fasteners market is a crucial segment of the country`s manufacturing and construction industry. Aluminum alloy fasteners are used for joining components in various applications, including automotive, aerospace, and building construction. The market is driven by factors such as the growth of industries requiring lightweight and corrosion-resistant fasteners. Aluminum alloy fasteners offer advantages over traditional steel fasteners in terms of weight reduction and resistance to rust. However, challenges related to the compatibility of aluminum alloys with certain materials and the need for specialized fasteners impact the market`s dynamics. Key players in the market include manufacturers of aluminum alloy fasteners, catering to diverse industrial needs.
The India aluminum alloy fasteners market is driven by several factors. Firstly, the increasing demand for lightweight and corrosion-resistant fasteners in industries such as automotive, aerospace, and construction drives the adoption of aluminum alloy fasteners. Aluminium alloys offer high strength-to-weight ratio and excellent performance in harsh environments, making them suitable for various applications. Secondly, the growth of infrastructure projects and the construction sector contribute to the use of aluminum alloy fasteners in building and structural applications. The automotive industry also utilizes aluminum alloy fasteners to reduce vehicle weight and improve fuel efficiency. Additionally, the focus on sustainable and eco-friendly fastening solutions aligns with the market`s growth, as aluminium alloys are recyclable and have a lower carbon footprint compared to traditional materials.
The India aluminum alloy fasteners market faces certain challenges that impact its growth and adoption. Firstly, the market`s growth may be influenced by the availability and cost of aluminum raw materials, which can be subject to fluctuations in the global market. Ensuring a stable supply of aluminum and managing cost fluctuations is essential for manufacturers in the aluminum alloy fasteners industry. Secondly, the market faces competition from alternative fastener materials, which may offer specific advantages in certain applications. Demonstrating the unique properties and benefits of aluminum alloy fasteners is crucial to gain market traction. Additionally, the market`s growth may be impacted by the need for compliance with international quality and safety standards for fasteners. Ensuring product quality and meeting industry standards can help address this challenge and enhance market acceptance.
The Covid-19 pandemic had notable implications for the India aluminum alloy fasteners market. Aluminum alloy fasteners are used in industries such as automotive, aerospace, and construction. During the pandemic, the automotive and aerospace industries experienced a downturn, leading to reduced demand for aluminum alloy fasteners. However, the construction industry showed resilience, especially with the focus on infrastructure projects. The market also faced challenges related to disruptions in global supply chains and logistics.
In the India Aluminum Alloy Fasteners market, key players are likely to be manufacturers and distributors of aluminum alloy fasteners for industrial and construction use. Some significant players may include Sundram Fasteners Limited, Deepak Fasteners Limited, and Precision Fasteners Limited.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Aluminum Alloy Fasteners Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Aluminum Alloy Fasteners Market Revenues & Volume, 2021 & 2031F |
3.3 India Aluminum Alloy Fasteners Market - Industry Life Cycle |
3.4 India Aluminum Alloy Fasteners Market - Porter's Five Forces |
3.5 India Aluminum Alloy Fasteners Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Aluminum Alloy Fasteners Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Aluminum Alloy Fasteners Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and corrosion-resistant fasteners in various industries such as automotive, construction, and aerospace. |
4.2.2 Growing focus on energy efficiency and sustainability leading to the adoption of aluminum alloy fasteners. |
4.2.3 Government initiatives promoting the use of aluminum alloys in manufacturing industries. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production cost of aluminum alloy fasteners. |
4.3.2 Competition from alternative materials like stainless steel and titanium. |
4.3.3 Lack of awareness about the benefits of aluminum alloy fasteners among end-users. |
5 India Aluminum Alloy Fasteners Market Trends |
6 India Aluminum Alloy Fasteners Market, By Types |
6.1 India Aluminum Alloy Fasteners Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Aluminum Alloy Fasteners Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Aluminum Alloy Fasteners Market Revenues & Volume, By Aluminum Nuts, 2021-2031F |
6.1.4 India Aluminum Alloy Fasteners Market Revenues & Volume, By Aluminum Washers, 2021-2031F |
6.1.5 India Aluminum Alloy Fasteners Market Revenues & Volume, By Aluminum Screws, 2021-2031F |
6.1.6 India Aluminum Alloy Fasteners Market Revenues & Volume, By Aluminum Bolts, 2021-2031F |
6.1.7 India Aluminum Alloy Fasteners Market Revenues & Volume, By Aluminum Countersunk Screws, 2021-2031F |
6.1.8 India Aluminum Alloy Fasteners Market Revenues & Volume, By Aluminum Tapping Screw, 2021-2031F |
6.2 India Aluminum Alloy Fasteners Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Aluminum Alloy Fasteners Market Revenues & Volume, By Aerospace, 2021-2031F |
6.2.3 India Aluminum Alloy Fasteners Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 India Aluminum Alloy Fasteners Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.5 India Aluminum Alloy Fasteners Market Revenues & Volume, By Electronics, 2021-2031F |
7 India Aluminum Alloy Fasteners Market Import-Export Trade Statistics |
7.1 India Aluminum Alloy Fasteners Market Export to Major Countries |
7.2 India Aluminum Alloy Fasteners Market Imports from Major Countries |
8 India Aluminum Alloy Fasteners Market Key Performance Indicators |
8.1 Percentage increase in the adoption of aluminum alloy fasteners across key industries. |
8.2 Number of new product developments and innovations in the aluminum alloy fasteners market. |
8.3 Growth in the number of partnerships and collaborations between manufacturers and end-users for the use of aluminum alloy fasteners. |
9 India Aluminum Alloy Fasteners Market - Opportunity Assessment |
9.1 India Aluminum Alloy Fasteners Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Aluminum Alloy Fasteners Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Aluminum Alloy Fasteners Market - Competitive Landscape |
10.1 India Aluminum Alloy Fasteners Market Revenue Share, By Companies, 2024 |
10.2 India Aluminum Alloy Fasteners Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |