Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 87.56 Billion | USD 137.29 Billion | 4.60% | 2024 |
FrequentlyAsked Questions
A bolt is a mechanical fastener that tightly secures two components together. Typically, a bolt is made of a head and a threaded shaft on the opposite side.
The global bolt (fastener) market is expected to witness high growth due to the growing demand for bolts in the space exploration industry.
According to study, the global bolt (fastener) market size was worth around USD 87.56 billion in 2024 and is predicted to grow to around USD 137.29 billion by 2034.
The CAGR value of the bolt (fastener) market is expected to be around 4.60% during 2025-2034.
The global bolt (fastener) market will be led by Asia-Pacific during the forecast period.
The global bolt (fastener) market is led by players like KD Fasteners, Würth Group, Pan American Screw LLC, American Bolt & Screw, Hilti Corporation, California Screw Products, Fastenal Company, Fastener Technology Corp., MW Components, Illinois Tool Works (ITW), The Federal Group USA, Portland Bolt, Screws Industries Inc., SPAX and CNRL Auto Parts Co.
The report explores crucial aspects of the bolt (fastener) market, including a detailed discussion of existing growth factors and restraints, while browsing future growth opportunities and challenges that impact the market.
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