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” report has been
added to ResearchAndMarkets.com’s offering.
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 in vehicles. However, the major
restraint for the automotive fastener market is the development of
alternatives such as clinching and welding in auto parts, which can
potentially reduce the cost of operation and thus can eliminate the use
of traditional fasteners.
Semi-permanent fasteners, such as cotter pin, can be disassembled.
Semi-permanent automotive fastener is the upcoming trend in the
automotive industry. Semi-permanent fasteners segment is expected to
show comparatively higher growth in future due to its wide use in
automobiles. It can be used in almost all components of a vehicle. Wide
application and advantages over permanent fasteners will drive the
growth of semi-permanent fasteners in the coming years.
The increasing production of vehicles, specifically in Brazil and
Russia, is expected to drive the automotive fastener market in the Rest
pof World region. The electric, self-driving, and connected vehicles are
global trends and will potentially make the largest impact on the
development of the region’s car market. The support of the Russian and
Brazilian governments to the relevant projects will boost the automotive
fastener market in the region.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Automotive Fastener Market, By Product
7 Automotive Fastener Market, By Characteristics
8 Automotive Fastener Market, By Application
9 Automotive Fastener Market, By Material Type
10 Automotive Fastener Market, By Vehicle Type
11 Automotive Fastener Market, By Electric Vehicle Type
12 Automotive Fastener Market, By Region
13 Competitive Landscape
14 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/4sxs37/automotive?w=4
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