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Industrial Fasteners in the US Procurement Price, Data and Insights
Metal fasteners for industrial use are customized or mass-produced for a particular industry, project or customer. Key buyers include industrial manufacturers, automobile manufacturers and construction companies.
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What’s included in this market coverage
IBISWorld's research coverage on the Industrial Fasteners procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.
About this Market
What’s this procurement report about?
This procurement coverage of the Industrial Fasteners market in the United States includes Screws, Bolts, Nails, Nuts and Rivets. Standard coding in this coverage includes HS-7318-Screws, Bolts, Nuts, Coach Screws, Screw Hooks, Rivets, Cotters, Cotter-Pins, Washers (Including Spring Washers) And Similar Articles, Of Iron Or Steel, ISIC-2599-Manufacture of other fabricated metal products n.e.c., NACE-25.94-Manufacture Of Fasteners And Screw Machine Products, NAICS-332720-Turned product and screw, nut and bolt manufacturing and UNSPSC-31160000-Hardware.
What common market terminology is included?
Common market terminology included in the Industrial Fasteners procurement coverage includes Tensile Strength (The maximum load in tension (pulling apart) that a material can withstand before breaking or fracturing.), Yield Strength (The load at which a material exhibits a specific permanent deformation.), Precision-Turned Fastening Products (Fasteners that are customized with specialized equipment and staff for a particular project or customer.), Pneudraulic (A term used to describe a machine that uses a combination of hydraulic and pneumatic systems.) and Turning (A machining process in which a cutting tool shapes a workpiece while the workpiece rotates.).
What companies are included as top suppliers?
The top companies covered in the Industrial Fasteners procurement report as suppliers are Dorman Products, Inc., Fastenal Company, Howmet Aerospace Inc, Illinois Tool Works Inc. and Primesource Building Products Inc..
Opportunity Assessment
What’s included in the Opportunity Assessment chapter?
The Opportunity Assessment chapter provides a comprehensive market analysis of the Industrial Fasteners market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.
The market pricing trends include the Market Price (2026) per unit, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.
Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Industrial Fasteners market environment.
Buyer Power Score
What’s included in the Buyer Power Score chapter?
The Buyer Power Score chapter assesses key components impacting Industrial Fasteners procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.
These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.
Price Environment
What’s included in the Price Environment chapter?
The Price Environment chapter covers detailed pricing analysis and datasets on Industrial Fasteners market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.
Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.
Supply Chain & Vendors
What’s included in the Supply Chain & Vendors chapter?
The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Industrial Fasteners market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.
Business Requirements
What’s included in the Business Requirements chapter?
The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.
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Frequently Asked Questions
What is the current market price for Industrial Fasteners?
The 2026 benchmark market price for Industrial Fasteners is $0.34 per unit. Prices have increased at a CAGR of 2.04 from 2023-26.
Who are the top vendors in the Industrial Fasteners market?
The top vendors in the Industrial Fasteners market include Dorman Products, Inc., Fastenal Company, Howmet Aerospace Inc, Illinois Tool Works Inc. and Primesource Building Products Inc..
What industries supply the Industrial Fasteners market?
The top industries supplying the Industrial Fasteners market are Aluminum Manufacturing in the US, Coal & Natural Gas Power in the US, Iron & Steel Manufacturing in the US, Iron Ore Mining in the US, Steel Rolling & Drawing in the US and Iron & Steel Manufacturing in the US.
What is the supply chain risk for Industrial Fasteners?
Fragmented supplier base increases competition and boosts buyer negotiation leverage . The low market share concentration and wide variety of US industrial fastener suppliers drive a competitive landscape. This fragmentation enables buyers to secure more favorable pricing and contract terms, especially for standard fasteners, by leveraging multiple vendors against one another. Buyers should routinely benchmark suppliers, encourage competitive bidding, and avoid dependence on single sources to achieve optimal value and service levels.
What factors affect the price of Industrial Fasteners?
Highly customized industrial fasteners are more expensive due to the increased design, engineering, and manufacturing resources required. Specialized designs, such as those for automotive applications, significantly raise costs compared to mass-produced options.
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