Automotive Fastener Market worth 25.30 Billion USD by 2025

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Automotive Fastener Market by Characteristics
(Removable, Permanent, Semi-Permanent), Products
(Threaded, Non-Threaded), Material Type
(Stainless Steel, Plastic, Aluminum),
Application, Electric Vehicle Type, and Region -
Global Forecast to 2025
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The report "Automotive Fastener Market by
Characteristics (Removable, Permanent,
Semi-Permanent), Products (Threaded,
Non-Threaded), Material Type (Stainless Steel,
Plastic, Aluminum), Application, Electric Vehicle
Type, and Region - Global Forecast to 2025", The
global automotive fastener market is projected to
grow from an estimated USD 21.45 Billion in 2018
to USD 25.30 Billion by 2025, at a CAGR of 2.39
from 2018 to 2025. The market is anticipated to
grow owing to various reasons such as the growing
vehicle production, shifting focus toward
lightweight vehicles, and the increasing use of
electronics such as ignition, carputers,
telematics, and in-car entertainment systems in
vehicles. Download PDF Brochure-
https//www.marketsandmarkets.com/pdfdownload.asp?
id10053940

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The removable fastener segment, by
characteristics, is estimated to be the largest
segment in the automotive fastener
market Removable automotive fasteners enable the
parts to be disconnected readily without any
damage. These fasteners contribute the maximum
share in the total number of fasteners used in an
automobile. Removable automotive fasteners such
as nuts, bolts, and studs can be installed and
removed easily with the help of hand tools or
power tools. The plastic fastener segment, by
material type, is estimated to be the fastest
growing segment of the automotive fastener
market The market for plastic fastener is
estimated to have the highest growth due to the
increasing need to reduce vehicle weight. The
increasing demand for automobile weight reduction
and fuel efficiency will reduce the use of metals
such as stainless steel and iron and will
increase the use of lightweight materials like
plastic, which are the growth drivers for the
plastic fastener segment in future.
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Browse 106 market data Tables and 45 Figures
spread through 152 Pages and in-depth TOC on
"Automotive Fastener Market by Characteristics
(Removable, Permanent, Semi-Permanent), Products
(Threaded, Non-Threaded), Material Type
(Stainless Steel, Plastic, Aluminum),
Application, Electric Vehicle Type, and Region -
Global Forecast to 2025"https//www.marketsandmar
kets.com/Market-Reports/automotive-fastener-market
-10053940.html
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The study covers all the major players in the
automotive fastener market, including established
players such as Bulten AB (Sweden), KAMAX
(Germany), Sundram Fasteners (India), Stanley
Black Decker (US), Shanghai Prime Machinery
Company (China), SFS Group (Switzerland), and
Lisi Group (France). These companies collectively
account for a major share of the automotive
fastener market. The report also comprises a few
other players such as Meidoh Co. (Japan), Nipman
Fasteners (India), Piolax (US), Westfield
Fasteners (UK), Fontana Gruppo (Italy), Bollhoff
(Germany), Nedshroef (Netherlands), Nifco Group
(Japan), Boltun Corporation (Taiwan), Chanshu
City Standard Parts (China), Wurth Group
(Germany), and Simmonds Marshall (India) Request
for Sample Pages- https//www.marketsandmarkets.c
om/requestsample.asp?id10053940
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• Target Audience gtgt
• Manufacturers of automotive fasteners
• Automotive OEMs
• Electric vehicle manufacturers
• Industry associations and experts
• Traders, distributors, and suppliers of
  automotive fasteners

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