Global Automotive Fastener Market Growth 2023-2029

Global Automotive Fastener Market Growth 2023-2029

Automotive fasteners are a collection of products that are used in automotive and vehicle assembly. They are usually designed for specific models of vehicles.

LPI (LP Information)' newest research report, the “Automotive Fastener Industry Forecast” looks at past sales and reviews total world Automotive Fastener sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Fastener sales for 2023 through 2029. With Automotive Fastener sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Fastener industry.

This Insight Report provides a comprehensive analysis of the global Automotive Fastener landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Fastener portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Fastener market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Fastener and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Fastener.

The global Automotive Fastener market size is projected to grow from US$ 22670 million in 2022 to US$ 40410 million in 2029; it is expected to grow at a CAGR of 40410 from 2023 to 2029.

Global Automotive Fasteners key players include Würth, ITW, Stanley, Araymond, KAMAX, etc. Global top five manufacturers hold a share over 20%. Asia-Pacific is the largest market, with a share over 40%, followed by North America and Europe, both have a share over 40% percent.

In terms of product, Threaded Fasteners is the largest segment, with a share over 83%. And in terms of application, the largest application is Automotive OEM, followed by Automotive Aftermarket.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Fastener market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Iron
Nickel
Brass
Stainless Steel
Aluminum

Segmentation by application
Passenger Car
Commercial Vehicle

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Stanley Engineered Fastening
Illinois Tools Work Inc
Sundarm Fasteners
Bulten AB
Trifast
Koninklijke Nedschroef Holding B.V
Penn Engineering & Manufacturingoration
Phillips Screw
Rocknel Fastener
Precision Castparts

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive Fastener market?

What factors are driving Automotive Fastener market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automotive Fastener market opportunities vary by end market size?

How does Automotive Fastener break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.