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Automotive Plastic Fasteners Market Forecast: USD 8.56 billion Valuation by 2034 with a 6.1% CAGR

11-13-2024 06:28 AM CET | Chemicals & Materials

Press release from: Polaris Market Research & Consulting

Automotive Plastic Fasteners Market Forecast: USD 8.56 billion

๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐๐ฅ๐š๐ฌ๐ญ๐ข๐œ ๐…๐š๐ฌ๐ญ๐ž๐ง๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ

Automotive Plastic Fasteners-Market Insights, Size Revenue, Outlook, Overview, and Analysis. The automotive plastic fasteners market was estimated to be worth USD 4.75 billion in 2024 and is predicted to expand to USD 8.56 billion by 2034, with a CAGR of 6.1% from 2025 to 2034.

๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐œ๐จ๐ฉ๐ž:

This comprehensive study provides an accurate overview of the worldwide automotive plastic fasteners market. Comprehensive analyses of sales volume, price, revenue, market share, and important companies are included. The market is further divided into segments by function, vehicle type, application, and region in the study, which offers a comprehensive picture of the state of the market.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ž๐Ÿ๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:

Automotive plastic fasteners are essential elements in vehicle production, including a wide variety of items like clips, plugs, and cable ties that serve both functional and decorative roles. They offer advantages like lighter vehicle weight, cost savings, corrosion resistance, and enhanced fuel efficiency. These fasteners are essential in the industry because they facilitate the assembly and strengthening of different vehicle components.

๐†๐ž๐ญ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/automotive-plastic-fasteners-market/request-for-sample

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐“๐ซ๐ž๐ง๐๐ฌ:

โ— The increasing output of motor vehicles around the world is driving the demand for automotive plastic fasteners globally. With the rise in motor vehicle production, the need for automotive plastic fasteners simultaneously grows.
โ— Enhanced investments in the automotive sector enable manufacturers to allocate more funds for advanced automotive components and accessories. A rise in investments in the automotive sector is fueling the expansion of the automotive plastic fastener market.

๐“๐จ๐ฉ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ:

With so many businesses involved, the market is projected to become more competitive as it continues to grow. Here are the top companies in the automotive plastic fasteners market:

โ€ข Essentra Components
โ€ข ITW
โ€ข Avery Dennison
โ€ข Panduit
โ€ข Nifco Inc.
โ€ข BAND-IT
โ€ข SABIC
โ€ข DuPont
โ€ข Bossard Group
โ€ข MW Industries
โ€ข Stanley Black and Decker
โ€ข PennEngineering
โ€ข Bossard Group

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ฆ๐จ๐ซ๐ž ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž:
https://www.polarismarketresearch.com/industry-analysis/automotive-plastic-fasteners-market/inquire-before-buying

๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐๐ฅ๐š๐ฌ๐ญ๐ข๐œ ๐…๐š๐ฌ๐ญ๐ž๐ง๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:

โ€ข The passenger cars segment, based on vehicle type, is expected to experience a higher CAGR in the global market during the forecast period due to the increasing consumer demand for lightweight passenger cars that offer better fuel efficiency.
โ€ข Based on application, the wire harnessing segment dominated the automotive plastic fasteners market in 2024 due to the growing demand for sophisticated infotainment systems.
โ€ข In 2024, North America accounted for the largest revenue share in the automotive plastic fasteners market due to the increase in demand for EVs.
โ€ข The automotive plastic fasteners market in India is projected for substantial growth due to the expansion of local automotive manufacturers.

๐‚๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐–๐ข๐ฌ๐ž ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

According to regional analysis, North America accounted for the largest revenue share in the market in 2024 because of the increasing need for electric vehicles (EVs). Electric vehicles depend on lightweight parts for improved range and battery efficiency, which is increasing the need for plastic fasteners in the area.
Also, Asia Pacific is experiencing substantial growth due to the swift industrial growth in the area. The Asia Pacific region has evolved into a key manufacturing center for significant sectors, such as automotive production.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐“๐ก๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž:
https://www.polarismarketresearch.com/industry-analysis/automotive-plastic-fasteners-market

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:

Polaris Market Research has segmented the automotive plastic fasteners market report on the basis of function, vehicle type, application:

By Function (Volume, Billion Units, Revenue - USD Billion, 2020-2034)
Bonding
NVH

By Vehicle Type (Volume, Billion Units, Revenue - USD Billion, 2020-2034)

Passenger Cars
LCVs

By Application (Volume, Billion Units, Revenue - USD Billion, 2020-2034)

Interior
Exterior
Electronics
Powertrain
Chassis
Wire harnessing
Others

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Air Deflector Market: https://www.polarismarketresearch.com/industry-analysis/air-deflector-market

Automotive Refinish Coating Market:
https://www.polarismarketresearch.com/industry-analysis/automotive-refinish-coating-market

Organosheet Market:
https://www.polarismarketresearch.com/industry-analysis/organosheet-market

Porcelain Enamel Coatings Market:
https://www.polarismarketresearch.com/industry-analysis/porcelain-enamel-coatings-market

High Purity Silica Sand for Solar Cell Market:
https://www.polarismarketresearch.com/industry-analysis/high-purity-silica-sand-for-solar-cell-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:
Likhil G
8 The Green Ste 19824,
Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
Follow Us: LinkedIn | Twitter

๐€๐›๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก & ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐ˆ๐ง๐œ:

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

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