The future of the global automotive fastener market looks promising with opportunities in the passenger car and light commercial vehicle segment. The global automotive fastener market is expected to reach an estimated $25.9 billion by 2022 and it is forecast to grow at a CAGR of 3.1% from 2017 to 2022. The major growth drivers for this market are increasing vehicle production and increasing migration of OEMs from standard fasteners to customized fasteners.
Emerging trends, which have a direct impact on the dynamics of the automotive fastener industry, include the development of light weight material fasteners and introduction of self-contained in-die fasteners.
Automotive fastener companies profiled in this market include Stanley Engineered Fastening, Bulten AB, Sundaram Fasteners Ltd, Illinois Tool Works, and Trifast plc are the major suppliers in the global automotive fastener market.
The report forecasts that the aluminum and plastic fastener segments are expected to show above average growth during the forecast period.
By product type, threaded and non-threaded fasteners are the major segments of the automotive fastener market. Threaded fastener is expected to remain the largest market, as it offers high corrosion resistance and durable bond than non-threaded fasteners.
Asia Pacific and ROW are expected to experience significant growth over the forecast period because of high vehicle production over the forecast period.
Scope of the Report
Automotive Fastener Market By Product Type ($ Million from 2011 to 2022)
Automotive Fastener Market By Characteristic ($ Million from 2011 to 2022)
Automotive Fastener Market By Coating Type ($ Million from 2011 to 2022)
Dry Film Lube Coating
Automotive Fastener Market By Material Type ($ Million from 2011 to 2022)
Automotive Fastener Market By End User ($ Million from 2011 to 2022)
Automotive Fastener Market By Fastener type ($ Million from 2011 to 2022)
Automotive Fastener Market By Application ($ Million from 2011 to 2022)
Automotive Fastener Market By Vehicle Type ($ Million from 2011 to 2022)
Light Commercial Vehicle
Heavy Commercial vehicle
Key Topics Covered:
1. Executive Summary
2. Market Background and Classifications
3. Market Trends and Forecast Analysis from 2011 to 2022