Bolts Market is expected to Grow with a CAGR of 6.23% through 2030
The growing demand for
high-strength and corrosion-resistant bolts in construction, automotive, and
aerospace industries, driven by infrastructure expansion, technological
advancements, and stringent safety regulations, is propelling the bolts market
growth.
According to TechSci Research
report, “Bolts Market – Global Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2030F”, the Global Bolts Market was valued at USD 41.27 billion in 2024 and is expected to reach USD 59.84 billion by 2030 with a CAGR of 6.23% during the forecast period. The expanding use of bolts in
renewable energy projects, such as wind turbines and solar panel installations,
is contributing to market growth, as the global transition toward clean
energy sources continues to gain momentum. Additionally, the rising focus on
quality standards and certifications in industries such as aerospace,
automotive, and construction is driving demand for high-grade, certified bolts
that meet stringent safety and performance requirements. Emerging economies,
particularly in Asia-Pacific, are witnessing rapid industrialization and
infrastructure development, further boosting the demand for bolts in
manufacturing and construction sectors. Moreover, the trend of reshoring
manufacturing to domestic markets in North America and Europe is expected to
drive investments in local bolt production, ensuring supply chain resilience
and reducing dependency on imports. The ongoing innovation in bolt coatings,
such as anti-corrosion and self-locking mechanisms, is also contributing to
enhanced performance and longevity, further driving market growth. Overall, the
bolts market is experiencing robust expansion due to the convergence of
industrialization, technological advancements, sustainability initiatives, and
the increasing demand for high-performance fastening solutions across diverse
end-use industries.
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Based on the Application, Construction
segment held the largest Market share in 2024. The increasing demand for
durable and high-performance fastening solutions in the construction industry
is a significant driver for the bolts market. As infrastructure development
accelerates worldwide, fueled by urbanization, population growth, and government
investments, the need for reliable structural components such as bolts has
surged. The construction sector heavily relies on bolts for assembling steel
structures, bridges, highways, high-rise buildings, and prefabricated
structures, making them an indispensable component in modern engineering. The
rising trend of modular and prefabricated construction, which enhances
efficiency and reduces construction time, further boosts the demand for bolts
with high tensile strength and corrosion resistance. Governments across various
regions are investing heavily in infrastructure development, including roads,
railways, and commercial spaces, which propels the consumption of
construction-grade bolts. Additionally, stringent building codes and safety
regulations mandate the use of high-quality, certified bolts that can withstand
extreme loads, vibrations, and environmental conditions, reinforcing the
necessity of premium fastening solutions.
The increasing adoption of
advanced materials such as stainless steel, alloy steel, and titanium bolts
ensures enhanced durability, catering to the rising demand for
earthquake-resistant and weatherproof structures. Moreover, the growing
emphasis on sustainable construction practices has led to the use of recyclable
and eco-friendly fasteners, prompting manufacturers to innovate and develop
bolts with improved coatings that resist rust and corrosion. With the rapid
expansion of smart cities and green building initiatives, the integration of
bolts with enhanced mechanical properties has become crucial in ensuring
structural integrity and long-term resilience. Additionally, the shift toward
digital construction technologies, such as Building Information Modeling (BIM)
and automated assembly processes, has driven the demand for
precision-engineered bolts that streamline the construction workflow. The rise
of high-rise buildings and mega infrastructure projects in emerging economies,
particularly in Asia-Pacific and the Middle East, has led to increased bulk
procurement of industrial-grade bolts, creating lucrative opportunities for
market players. Furthermore, the adoption of new construction methodologies,
such as 3D printing and robotic assembly, has spurred the need for customized
fastening solutions, further driving market expansion.
The post-pandemic recovery in
the construction industry, backed by government stimulus packages and foreign
direct investments in infrastructure, has significantly increased the
consumption of bolts across commercial, residential, and industrial projects.
The emergence of smart fastening solutions with real-time monitoring
capabilities has also gained traction, allowing construction professionals to
track the integrity of bolted joints remotely, thereby reducing maintenance
costs and improving safety standards. As the demand for resilient and
cost-effective construction solutions grows, manufacturers are focusing on
research and development to introduce lightweight, high-strength bolts that
enhance load-bearing capacity without compromising structural efficiency.
Additionally, the rising adoption of automation and AI-driven manufacturing
processes has enabled mass production of precision bolts, reducing lead times
and ensuring quality consistency. The competitive landscape of the bolts market
is further shaped by key players investing in capacity expansion, product
innovation, and strategic collaborations with construction firms to provide
customized fastening solutions. In conclusion, the relentless expansion of the
construction sector, coupled with advancements in material science and
manufacturing technologies, is a major driver propelling the growth of the
bolts market, ensuring their continued relevance as critical structural
components in modern engineering.
Based on region, The Asia
Pacific region is witnessing the fastest growth in the bolts market, driven by
rapid industrialization, expanding infrastructure projects, and a booming
automotive sector. Countries such as China, India, Japan, and South Korea are
making significant investments in transportation networks, commercial
buildings, and renewable energy projects, fueling the demand for
high-performance fastening solutions. The region’s manufacturing sector is also
experiencing substantial expansion, with increasing adoption of automation,
robotics, and precision engineering, necessitating advanced bolts with high
durability and strength.
The automotive industry in
Asia Pacific, particularly in China and India, is a major driver for bolt
demand, as vehicle production continues to rise alongside the shift toward
electric vehicles (EVs). Additionally, the aerospace and defense sectors are growing,
requiring specialized, high-strength fasteners. The construction sector is
embracing modular and prefabricated building techniques, further boosting
demand for precision-engineered bolts. Government initiatives supporting
industrial growth, infrastructure modernization, and foreign direct investments
(FDI) are accelerating market expansion. With advancements in material
technology, sustainability-focused innovations, and a strong supply chain, the
Asia Pacific bolts market is set to maintain its rapid growth trajectory,
presenting lucrative opportunities for manufacturers and suppliers in the
coming years.
Major companies operating in
the Global Bolts Market are:
- WW Grainger, Inc.
- Fastenal Company
- Wurth Industrie Service GmbH
& Co. KG
- A.B. Steel Inc.
- F. REYHER Nchfg. GmbH &
Co. KG
- KD Fasteners, Inc.
- Keller & Kalmbach GmbH
- MW Components
- Viha Steel & Forging
- BIG BOLT NUT
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“The Global Bolts Market is
expected to rise in the upcoming years and register a significant CAGR during
the forecast period. The bolts market is poised for substantial growth, driven
by increasing infrastructure investments, advancements in industrial
automation, and innovations in fastening technology. The rising adoption of
electric vehicles (EVs) and renewable energy solutions is fueling demand for
high-performance, lightweight, and corrosion-resistant bolts. Additionally, the
expansion of prefabricated and modular construction is accelerating the need
for precision-engineered fasteners. The integration of smart bolt technology,
enabling real-time load monitoring, presents new avenues for adoption in
aerospace, manufacturing, and heavy machinery. As sustainability regulations
tighten, the development of eco-friendly coatings and recyclable materials
further strengthens the market’s long-term growth potential. Therefore, the
Market of Bolts is expected to boost in the upcoming years.,” said Mr. Karan
Chechi, Research Director of TechSci Research, a research-based global management
consulting firm.
“Bolts
Market - Global Industry Size, Share, Trends, Opportunity, and Forecast,
Segmented, By Product (M6, M8, M10, M12 and M14), By Grade (GR 5.8, GR 8.8, GR
10.9 and GR 12.9), By Application (Construction, Automotive, Aerospace and
Others), By Region, By Competition, 2020-2030F”, has evaluated the future growth
potential of Global Bolts Market and provides statistics & information on
the Market size, structure, and future Market growth. The report intends to
provide cutting-edge Market intelligence and help decision-makers make sound
investment decisions., The report also identifies and analyzes the emerging
trends along with essential drivers, challenges, and opportunities in the
Global Bolts Market.
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