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Pulished Date January, 2021
ID: 10754
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Automotive Fastener market segmentation by Product (threaded, non-threaded) By Application (engine, chassis, transmission, steering, front/ rear axle, interior trim, others) By Characteristics (removable fasteners, permanent fasteners, semi-permanent fasteners) By Material type (stainless steel, iron, bronze, nickel, aluminium, brass, plastic) By Vehicle Type (PC, LCV, HCV) By Electric vehicle type (BEV, HEV, PHEV) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast | 2021-2026 |

Pulished: January, 2021
ID: 10754
Pages: 175

Automotive Fastener Market Size, Trends & Growth (2021 - 2026)

The mechanical parts that permit at least two pieces of a vehicle to be combined are called auto fastener. These items don't follow for all time, which permits mounting or getting off of vehicle parts without harming any parts. Different coatings are utilized to forestall swaying and seal spillage.

The automotive fastener market was esteemed at USD 20.04 billion in 2021 and is predicted to succeed in USD 25.30 billion in 2026, with a CAGR of 2.39% during the forecast period 2021-2026. The worldwide car fasteners market is relied upon to encounter critical development in the coming years, because of the change in shine towards light obligation vehicles and the expanded utilization of electronic items, for example, auto PCs, ignition frameworks, in-vehicle theater setups, and in-vehicle telematics. Moreover, high car creation on the planet's significant economies is likewise expected to profit the market during the estimate time frame. Furthermore, the improvement of better quality materials and progressed car advances that outcome in further developed auto fastener is unquestionably driving the market.

Recent Developments:

  • Millions, if not billions, of ties are delivered and sold each day all throughout the planet. Intended to meet the changing necessities of producers, these basic parts of our vehicles, fridges, PCs and telephones are the mainstays of our advanced presence, without which our life in the 21st century would in a real sense breakdown.

Drivers and Restraints of Automotive Fastener Market:

Drivers:

The increment in vehicle creation on the planet, combined with a popularity for eco-friendly vehicles, particularly in arising economies, is the fundamental driver of the development of the automotive fasteners market. The interest for traveler vehicles has expanded lately, because of expanded spending limit by end clients and expanding urbanization all throughout the planet. In 2017, around 70 million traveler vehicles were sold around the world, an expansion of around 2% contrasted with 2016. This developing number of engine vehicles is a development motor for the market. Furthermore, the simple fastener substitution makes it helpful for end clients, which is required to additional lift the auto fasteners post-retail.

Restraints:

The availability of substitutes such as welding and riveting is the main challenge for the growth of the automotive fastener market. Furthermore, a factor such as the increase in layoffs of unibody car frames is expected to affect the progress of the automotive fasteners market.

Automotive Fastener Market Segmentation:

By Application

  • Engine
  • Chassis
  • Transmission
  • Steering
  • Front/rear axle
  • Interior trim
  • Others

Engine segment is leading with the highest shares of the automotive fasteners market. Automakers are currently zeroing in on the utilization of lightweight fasteners in key application regions to diminish vehicle weight. Automakers are basically zeroing in on inside trim where the utilization of plastic and aluminum fasteners is expanding to lessen weight, which will build the requirement for clasp.

By Product

  • Threaded
  • Non-Threaded

Threaded segment is holding with the highest shares of the automotive fasteners market. As of now, threaded fasteners, which have inner and outer strings and are utilized for both mounting and getting off, are encountering expanding request in the car fastener market. Threaded fasteners, as well as being made of screws that vouch for most extreme take-up, additionally comprise of nuts, bolts and studs.

By Characteristics

  • Removable Fasteners
  • Permanent Fasteners
  • Semi-Permanent Fasteners

By Material Type

  • Stainless Steel
  • Iron
  • Bronze
  • Nickel
  • Aluminum
  • Brass
  • Plastic

Among them, the plastic fasteners market is relied upon to encounter huge development in the coming years, primarily because of the expanding interest for light vehicles to build eco-friendliness. The heaviness of the vehicle will be diminished by decreasing the utilization of metals like iron and treated steel. This will build the utilization of lightweight materials, like plastic, which thus will drive the interest for plastic fasteners.

By Vehicle Type

  • Passenger Car (PC)
  • Light Commercial Vehicle (LCV)
  • Heavy Commercial Vehicle (HCV)

Developing interest for lightweight fasteners, government commands for mileage and discharge decrease, and rising per capita pay are the variables energizing interest for traveler vehicles in agricultural nations like China and India. Traveler vehicle creation has seen solid development in agricultural nations. Developed nations in Europe and North America have solid interest for SUVs and premium vehicles, which will additionally drive interest from the traveler vehicle portion. Besides, the interest for premium vehicles in India and China has additionally seen a vertical pattern in the market lately. These variables have driven the worldwide market interest for fasteners for the traveler vehicle fragment.

By Electric Vehicle Type

  • Battery Electric Vehicle (BEV)
  • Hybrid Electric Vehicle (HEV)
  • Plug-in Hybrid Electric Vehicle (PHEV)

Automotive Fastener Market Region wise analysis:

Marked Segmentation based on the region:

  1. North America
    1. U.S
    2. Canada
  2. Europe
    1. Norway
    2. Germany
    3. Sweden
  3. Asia Pacific
    1. China
    2. India
    3. Japan

Asia-Pacific is assessed to be the foremost important supporter of automotive fastener market interest, with a CAGR of over 5% over the estimate period. The market development is credited to expanded vehicle creation and expanded deals of vehicle latches in the post-retail. Japan, China and India are blasting in the market because of the presence of auto goliaths like Toyota, Suzuki, Mahindra and Mahindra, Isuzu, Dongfeng, SAIC Motor and TATA Motors. Also, new government rules for the utilization of light-weight vehicles have prompted upgrades in advancements to deliver solid and lightweight parts in the area. Also, automakers are progressively keen on standard parts for custom segments which are relied upon to build the interest for custom clasp in the APAC district.

  1. Latin America
    1. Brazil
    2. Mexico
    3. Argentina
  2. Middle East and Africa

a. Middle East

b. Africa

Key Players of Market:

Some of the prominent players in the market for automotive fasteners are The Phillips Screw Company, Permanent Technologies, Inc., Fastener Technology, Atotech, Shanghai Tianbao Fastener Manufacturing Co., Ltd., Shamrock International, Stanley Engineered Fastening, Acument Global Technologies, Jiangsu Xing Chang Jiang International Co., Ltd., Nifco Inc., KOVA Fasteners Pvt Ltd., Bulten AB, Westfield Fasteners Limited, APL, and Birmingham Fastener and Supply Inc.

IMPACT OF COVID-19 ON AUTOMOTIVE FASTENER MARKET:

COVID 19 impacted the automotive fastener market in a negative way especially in 2020. Since the start of the pandemic, all the companies were completely shut down till the last months of 2020. From 2021, all the activities were resumed with necessary precautions. Automotive fastener market shares started to rise dramatically from 2021 and is projected to have the significant growth rate in the coming years.

1. Introduction                            

          1.1 Market Definition                  

          1.2 Scope of the report               

          1.3 Study Assumptions               

          1.4 Base Currency, Base Year and Forecast Periods              

2. Research Methodology                      

          2.1 Analysis Design          

          2.2 Research Phases                   

                    2.2.1 Secondary Research 

                    2.2.2 Primary Research     

                    2.2.3 Data Modelling        

                    2.2.4 Expert Validation     

          2.3 Study Timeline            

3. Report Overview                     

          3.1 Executive Summary               

          3.2 Key Inferencees          

4. Market Dynamics                    

          4.1 Impact Analysis           

                    4.1.1 Drivers

                    4.1.2 Restaints       

                    4.1.3 Opportunities 

          4.2 Regulatory Environment                  

          4.3 Technology Timeline & Recent Trends                  

5. Competitor Benchmarking Analysis                        

          5.1 Key Player Benchmarking                 

                    5.1.1 Market share analysis         

                    5.1.2 Products/Service      

                    5.1.3 Regional Presence    

          5.2 Mergers & Acquistion Landscape               

          5.3 Joint Ventures & Collaborations                 

6. Market Segmentation                        

          6.1 Automotive Fastener Market, By Product              

                    6.1.1 threaded        

                    6.1.2 non-threaded

                    6.1.3 Market Size Estimations & Forecasts (2021-2026)        

                    6.1.4 Y-o-Y Growth Rate Analysis         

                    6.1.5 Market Attractiveness Index         

          6.2 Automotive Fastener Market, By Application                   

                    6.2.1 engine 

                    6.2.2 chassis

                    6.2.3 transmission  

                    6.2.4 steering         

                    6.2.5 front/ rear axle        

                    6.2.6 interior trim  

                    6.2.7 others 

                    6.2.8 Market Size Estimations & Forecasts (2021-2026)        

                    6.2.9 Y-o-Y Growth Rate Analysis         

                    6.2.10 Market Attractiveness Index       

          6.3 Automotive Fastener Market, By Characteristics             

                    6.3.1 removable fasteners 

                    6.3.2 permanent fasteners

                    6.3.3 semi-permanent fasteners 

                    6.3.4 Market Size Estimations & Forecasts (2021-2026)        

                    6.3.5 Y-o-Y Growth Rate Analysis         

                    6.3.6 Market Attractiveness Index         

          6.4 Automotive Fastener Market, By Material type                

                    6.4.1 stainless steel

                    6.4.2 iron     

                    6.4.3 bronze

                    6.4.4 nickel  

                    6.4.5 aluminium     

                    6.4.6 brass   

                    6.4.7 plastic 

                    6.4.8 Market Size Estimations & Forecasts (2021-2026)        

                    6.4.9 Y-o-Y Growth Rate Analysis         

                    6.4.10 Market Attractiveness Index       

          6.5 Automotive Fastener Market, By Vehicle Type                 

                    6.5.1 PC       

                    6.5.2 LCV     

                    6.5.3 HCV    

                    6.5.4 Market Size Estimations & Forecasts (2021-2026)        

                    6.5.5 Y-o-Y Growth Rate Analysis         

                    6.5.6 Market Attractiveness Index         

          6.6 Automotive Fastener Market, By Electric vehicle type                

                    6.6.1 BEV     

                    6.6.2 HEV     

                    6.6.3 PHEV   

                    6.6.4 Market Size Estimations & Forecasts (2021-2026)        

                    6.6.5 Y-o-Y Growth Rate Analysis         

                    6.6.6 Market Attractiveness Index         

7. Geographical Landscape                    

          7.1 Global Identity Governance and Administration Market, by Region                   

          7.2 North America - Market Analysis (2021 - 2026)             

                    7.2.1 By Country     

                              7.2.1.1 USA

                              7.2.1.2 Canada

                    7.2.2 By Product     

                    7.2.3 By Application

                    7.2.4 By Characteristics    

                    7.2.5 By Material type       

                    7.2.6 By Vehicle Type        

                    7.2.7 By Electric vehicle type       

          7.3 Europe             

                    7.3.1 By Country     

                              7.3.1.1 UK

                              7.3.1.2 France

                              7.3.1.3 Germany

                              7.3.1.4 Spain

                              7.3.1.5 Italy

                              7.3.1.6 Rest of Europe

                    7.3.2 By Product     

                    7.3.3 By Application

                    7.3.4 By Characteristics    

                    7.3.5 By Material type       

                    7.3.6 By Vehicle Type        

                    7.3.7 By Electric vehicle type       

          7.4 Asia Pacific                 

                    7.4.1 By Country     

                              7.4.1.1 China

                              7.4.1.2 India

                              7.4.1.3 Japan

                              7.4.1.4 South Korea

                              7.4.1.5 South East Asia

                              7.4.1.6 Australia & NZ

                              7.4.1.7 Rest of Asia-Pacific

                    7.4.2 By Product     

                    7.4.3 By Application

                    7.4.4 By Characteristics    

                    7.4.5 By Material type       

                    7.4.6 By Vehicle Type        

                    7.4.7 By Electric vehicle type       

          7.5 Latin America             

                    7.5.1 By Country     

                              7.5.1.1 Brazil

                              7.5.1.2 Argentina

                              7.5.1.3 Mexico

                              7.5.1.4 Rest of Latin America

                    7.5.2 By Product     

                    7.5.3 By Application

                    7.5.4 By Characteristics    

                    7.5.5 By Material type       

                    7.5.6 By Vehicle Type        

                    7.5.7 By Electric vehicle type       

          7.6 Middle East and Africa          

                    7.6.1 By Country     

                              7.6.1.1 Middle East

                              7.6.1.2 Africa

                    7.6.2 By Product     

                    7.6.3 By Application

                    7.6.4 By Characteristics    

                    7.6.5 By Material type       

                    7.6.6 By Vehicle Type        

                    7.6.7 By Electric vehicle type       

8. Key Player Analysis                           

          8.1 The Phillips Screw Company            

                    8.1.1 Business Description

                    8.1.2 Products/Service      

                    8.1.3 Financials      

                    8.1.4 SWOT Analysis         

                    8.1.5 Recent Developments         

                    8.1.6 Analyst Overview      

          8.2 Permanent Technologies, Inc           

          8.3 Fastener Technology             

          8.4 Atotech            

          8.5 Shanghai Tianbao Fastener Manufacturing Co., Ltd                  

          8.6 Shamrock International                   

          8.7 Stanley Engineered Fastening          

          8.8 Acument Global Technologies                    

          8.9 Jiangsu Xing Chang Jiang International Co., Ltd              

          8.10 Nifco Inc                  

9. Market Outlook & Investment Opportunities                     

Appendix                         

          List of Tables          

          List of Figures                  

  • Global and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms By Cutting Systems and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Automotive Fastener Market By Region, From 2021-2026 ( USD Billion )
  2. Global Automotive Fastener Market By Product, From 2021-2026 ( USD Billion )
  3. Global threaded Market By Region, From 2021-2026 ( USD Billion )
  4. Global non-threaded Market By Region, From 2021-2026 ( USD Billion )
  5. Global Automotive Fastener Market By Application, From 2021-2026 ( USD Billion )
  6. Global engine Market By Region, From 2021-2026 ( USD Billion )
  7. Global chassis Market By Region, From 2021-2026 ( USD Billion )
  8. Global transmission Market By Region, From 2021-2026 ( USD Billion )
  9. Global steering Market By Region, From 2021-2026 ( USD Billion )
  10. Global front/ rear axle Market By Region, From 2021-2026 ( USD Billion )
  11. Global interior trim Market By Region, From 2021-2026 ( USD Billion )
  12. Global others Market By Region, From 2021-2026 ( USD Billion )
  13. Global Automotive Fastener Market By Characteristics, From 2021-2026 ( USD Billion )
  14. Global removable fasteners Market By Region, From 2021-2026 ( USD Billion )
  15. Global permanent fasteners Market By Region, From 2021-2026 ( USD Billion )
  16. Global semi-permanent fasteners Market By Region, From 2021-2026 ( USD Billion )
  17. Global Automotive Fastener Market By Material Type, From 2021-2026 ( USD Billion )
  18. Global stainless steel Market By Region, From 2021-2026 ( USD Billion )
  19. Global iron Market By Region, From 2021-2026 ( USD Billion )
  20. Global bronze Market By Region, From 2021-2026 ( USD Billion )
  21. Global nickel Market By Region, From 2021-2026 ( USD Billion )
  22. Global aluminium Market By Region, From 2021-2026 ( USD Billion )
  23. Global brass Market By Region, From 2021-2026 ( USD Billion )
  24. Global plastic Market By Region, From 2021-2026 ( USD Billion )
  25. Global Automotive Fastener Market By Vehicle Type, From 2021-2026 ( USD Billion )
  26. Global PC Market By Region, From 2021-2026 ( USD Billion )
  27. Global LCV Market By Region, From 2021-2026 ( USD Billion )
  28. Global HCV Market By Region, From 2021-2026 ( USD Billion )
  29. Global Automotive Fastener Market By Electric Vehicle Type, From 2021-2026 ( USD Billion )
  30. Global BEV Market By Region, From 2021-2026 ( USD Billion )
  31. Global HEV Market By Region, From 2021-2026 ( USD Billion )
  32. Global PHEV Market By Region, From 2021-2026 ( USD Billion )

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