Fastener industry in Indonesia is growing rapidly and worth about USD 2.5 billion with an impressive annual growth rate of 5-7%. This sector is expanding driven by increasing demand across various industries such as automotive, construction, and manufacturing, driven by ongoing infrastructure projects and a rising industrial base.

Several factors are contributing to the fastener industry growth. The Indonesian government’s commitment to enhancing infrastructure and industrial capabilities, including major projects like the development of new transportation networks and urban development, is creating a higher demand for fasteners. Additionally, the automotive sector in Indonesia is experiencing significant growth, it is boosting the need for fasteners in vehicle manufacturing and assembly.