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.
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