What is the Construction Fastener Market Size?
According to 6Wresearch internal database and industry insights, the Construction Fastener market was valued at USD 7.9 billion in 2024 and is anticipated to exceed USD 12.8 billion by 2031, registering a steady at a CAGR of 7.1% during the forecast period.
The construction fastener market is expanding due to rising infrastructure development, increasing demand for prefabricated buildings, and growth in residential and commercial construction activities. Rapid urbanization, government investments in public infrastructure, and evolving construction technologies further drive the demand for fast and reliable fastening solutions.
Major Growth Factors of the Construction Fastener Industry
- Growing urban infrastructure projects
- Increased residential and commercial construction
- Adoption of prefabricated and modular construction
- Expansion of the industrial sector
- Government investment in smart cities and infrastructure
- Rise in demand for corrosion-resistant and high-strength fasteners
Construction Fastener Market Trends
The market is witnessing a shift towards lightweight, high-strength fasteners and corrosion-resistant materials. There is increased adoption of eco-friendly and sustainable fastening solutions. Demand for customized and application-specific fasteners is also on the rise, driven by evolving construction practices and design innovations.
Emerging Developments in the Construction Fastener Industry
New manufacturing technologies such as cold forming and additive manufacturing are being integrated to improve fastener performance and production efficiency. Smart fasteners with sensing capabilities are gaining attention, and players are investing in R&D to develop solutions suitable for extreme environments and advanced materials.
Major Companies in the Construction Fastener Industry
- Hilti Group
- Stanley Black & Decker
- ITW (Illinois Tool Works)
- Fastenal Company
- Simpson Strong-Tie Company Inc.
- EJOT Holding GmbH & Co. KG
- Bulten AB
- PennEngineering
- Precision Castparts Corp
- LISI Group
How big is the Construction Fastener Market : FAQ's
The market is expected to reach approximately USD 12.8 billion by 2031.
The market is projected to grow at a CAGR of 7.1% during the forecast period.
Key drivers include urbanization, infrastructure projects, modular construction, and demand for durable fastening solutions.
Major players include Hilti Group, ITW, Stanley Black & Decker, and Simpson Strong-Tie.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on
sales@6wresearch.com