Automotive Fastener Market size exceeded USD 21 billion in 2019 and is anticipated to witness over 4% CAGR between 2021 and 2027.
The prosperity of the automotive industry and the intrinsic importance of fasteners in various vehicles will drive the market growth. In addition, the mechanical advancement of fasteners and their improved quality and robustness are another factor that drives the market demand. Fasteners for vehicles can be easily replaced, so it is much more useful for end-use buyers to get fasteners for their vehicles. In addition, as the demand for vehicle weight reduction and stability increases rapidly, the propensity for automotive fasteners over welding will increase, creating opportunities for growth in the market.
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The major companies include:
- Boltun
- Samjin
- Sundram Fasteners
- SFS
- STL
- Keller & Kalmbach
- Piolax
- EJOT
- GEM-YEAR
- RUIBIAO
- Shenzhen AERO
Segment by Type, the Automotive Fasteners market is segmented into
- Threaded Fasteners
- Non-threaded Fasteners
Segment by Application, the Automotive Fasteners market is segmented into
- Automotive OEM
- Automotive Aftermarket
A full report of Global Automotive Fasteners Market is available at: https://www.orionmarketreports.com/automotive-fasteners-market/38628/
Scope of the Report
The research study analyzes the global Automotive Fasteners 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 Fasteners Market Report
1. What was the Automotive Fasteners Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Automotive Fasteners Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Automotive Fasteners Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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