Press release
Automotive Fasteners Market Competitive Landscape and Dynamics Forecast by 2025
Automotive fasteners are a collection of products that are used in automotive and vehicle assembly. They are usually designed for specific models of vehicles. In the last several years, global market of Automotive Fasteners developed with an average growth rate of 4%-5%. In 2016, Global Automotive Fasteners production is about 6.8 million MT. Global automotive fasteners market is derived by the production of automotive. In the last several years, the development of automotive industry is fast. In 2016, the global automotive production is nearly 95 million units.
The classification of Automotive Fasteners includes Threaded Fasteners, Non-Threaded Fasteners, and the consumption proportion of Non-Threaded Fasteners in 2016 is about 82%. Automotive Fasteners is widely used in Automotive OEM and Aftermarket. The largest application of Automotive Fasteners is Automotive OEM, and the sales volume in 2016 is 5.34 million MT. Europe region is the largest consumption region of Automotive Fasteners, with a consumption market share nearly 24% in 2016. North America is the second largest consumer of Automotive Fasteners, enjoying consumption market share nearly 19.5% in 2016.
Market competition is intense, the market concentration is relatively low, Würth, ITW, Araymond, Nedschroef, KAMAX, Fontana Gruppo, Aoyama and Agrati Group are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry. The Automotive Fasteners market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Automotive Fasteners.
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This report includes the following manufacturers; we can also add the other companies as you want.
Würth
Araymond
ITW
KAMAX
STANLEY
Aoyama Seisakusho
Meidoh
LISI
NORMA
Nifco
Market Segment by Product Type
Threaded Fasteners
Non-threaded Fasteners
Market Segment by Application
Automotive OEM
Aftermarket
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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