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How big is the Bolt Market | Global Market Size, Trends & Outlook

Code: MTA5238 Publication Date: Jul 2025

What is the size of the Bolt Market?
According to ÂÌñÉç internal database and industry insights,Ìýthe Bolt Market was demonstrated approximately USD 34 billion in 2024 and is projected to reach USD 52 billion by 2031, growing at a CAGR of 6.2% during the forecast period 2025–2031.


Due to rapid industrialization, growing construction activity, and increasing demand for high-strength fasteners across automotive, aerospace, and heavy engineering industries, the market is predicted for the moderate growth.

Key Growth Factors of the Bolt Market

Expansion of infrastructure and commercial construction projects

Rising production in automotive and heavy machinery sectors

Demand for durable and corrosion-resistant fasteners

Growth in renewable energy and transmission infrastructure

Development of high-performance bolts for extreme applications

Bolt Market Trends
The bolt market is accelerating with notable trends such as rising adoption of specialty alloy bolts with enhanced tensile strength and corrosion resistance. This market is growing due to rising demand for lightweight, high-performance bolts in electric vehicles and aerospace industries.
The use of CNC precision manufacturing and 3D-printed prototypes is helping reduce lead time and improve bolt customization. Further, the green manufacturing and recyclable fasteners are gaining popularity due to sustainability regulations.

Emerging Developments in the Bolt Market
Bolt market is seeing developments which include the self-locking and anti-vibration bolts are being developed for dynamic load environments such as engines and turbines. Other trends such as bolts integrated with sensors for load monitoring and maintenance alerts are emerging in industrial applications. Excluding these, the nano-coating technologies are being used to improve surface treatment and longevity in harsh climates. Industry players are focusing on automated fastening systems and robotic bolt installation for factory automation.

Leading Companies in the Bolt Market

Stanley Black & Decker

Nucor Fastener

Hilti Corporation

Acument Global Technologies

LISI Group

Penn Engineering

Arconic Inc.

MISUMI Corporation

Bulten AB

Precision Castparts Corp.

Ìý

How big is the Bolt Market : FAQs
The bolt market was estimated at USD 34 billion in 2024 and is projected to reach USD 52 billion by 2031.
Growth in construction, automotive production, and demand for durable, high-strength fasteners are the driving growth.
Use of smart bolts, specialty coatings, lightweight materials, and digital manufacturing are shaping bolt industry.
Fluctuating raw material prices, competition from low-cost manufacturers, and quality compliance are the major challenges.
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