Market Overview

According to fortune business insights, the Brazil industrial fasteners market size was valued at USD 2.31 billion in 2021. The market is projected to grow from USD 2.38 billion in 2022 to USD 3.07 billion by 2029, exhibiting a CAGR of 3.7% during the forecast period. The automotive segment dominated the market in 2021.

The analysis shows that industrial fasteners, which are essential hardware devices for joining objects, are pivotal in key sectors such as automotive, construction, and aerospace. Despite supply chain disruptions from the COVID-19 pandemic, the market is driven by a resurgence in manufacturing and construction activities. This trend indicates a growing demand for industrial fasteners across Brazil, supported by rising infrastructure investments and industrial production.

Major Players Profiled in the Market Report:

• EJOT (Bad Berleburg)
• Grupo Hard (Joinville)
• Precision Castparts Corp. (Portland)
• HBS Solutions (Diemen)
• WMI Group (Mumbai)
• Renaissance Fittings and Piping Inc. (Mumbai)
• Belenus LTDA (Vinhedo)
• Jomarca (Guarulhos)
• Metalbo Indústria de Fixadores Metálicos LTDA (Trombudo Central)
• INDUSTRIAL REX LTDA (Porto Alegre)
• Metalúrgica Fey Ltd (Indaial)
• Hassmann SA (Imigrante)
• Ferry International (New Delhi)
• Acument Global Technologies (Michigan)
• METALTORK INDUSTRIA E COMERCIO DE AUTO PECAS LIMIT (Diadema)

Segments