Automotive Fastener Market size exceeded USD 21 billion in 2019 and is anticipated to witness over 4% CAGR between 2021 and 2027.
Fasteners are mechanical components that hold, join or attach two or more parts, and the automotive industry is the largest market for fasteners. Automotive fasteners are made of a variety of materials such as iron, aluminum, brass, nickel, stainless steel, plastic and are further classified by their unique properties. Automotive fasteners are commonly used to clamp parts of a vehicle to prevent separation or wobble, transfer loads, and prevent leaks in joints.
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Automotive Fastener Market by Product
• Threaded Fastener
• Non-Threaded Fastener
Automotive Fastener Market by Type
• Semi-Permanent Fasteners
• Permanent Fastener
• Removable Fastener
Key Players
Some of the major automotive fastener manufacturers are Illinois Tool Works Inc., LISI Group, Shanghai Prime Machinery Company Limited, Bulten AB, Stanley Black & Decker, Inc., The SFS Group AG, Meidoh Co. Ltd., NIPMAN Automotive Solutions, The Würth Group, Piolax Inc., Westfield Fasteners Limited, Changshu City Standard Parts Factory, Fontana Gruppo Srl, Simmonds Marshall Limited, Sterling Tools Limited, Bollhoff, Nedschroef Machine Industry, Nifco Group, and Boltun Corporation.
Scope of the Report
The research study analyzes the global Automotive Fastener industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Automotive Fastener Market Report
1. What was the Automotive Fastener Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Automotive Fastener Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Automotive Fastener Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
• Proliferation and maturation of trade in the global Automotive Fastener market.
• The market share of the global Automotive Fastener market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the global Automotive Fastener market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Automotive Fastener market.
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