Press release
Automotive Plastic Fasteners Market Forecast: USD 8.56 billion Valuation by 2034 with a 6.1% CAGR
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.
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐จ๐ฉ๐:
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.
๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:
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.
๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/automotive-plastic-fasteners-market/request-for-sample
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ซ๐๐ง๐๐ฌ:
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.
๐๐จ๐ฉ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ:
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:
โข Essentra Components
โข ITW
โข Avery Dennison
โข Panduit
โข Nifco Inc.
โข BAND-IT
โข SABIC
โข DuPont
โข Bossard Group
โข MW Industries
โข Stanley Black and Decker
โข PennEngineering
โข Bossard Group
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/automotive-plastic-fasteners-market/inquire-before-buying
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ฅ๐๐ฌ๐ญ๐ข๐ ๐ ๐๐ฌ๐ญ๐๐ง๐๐ซ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
โข 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.
โข Based on application, the wire harnessing segment dominated the automotive plastic fasteners market in 2024 due to the growing demand for sophisticated infotainment systems.
โข In 2024, North America accounted for the largest revenue share in the automotive plastic fasteners market due to the increase in demand for EVs.
โข The automotive plastic fasteners market in India is projected for substantial growth due to the expansion of local automotive manufacturers.
๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐๐ข๐ฌ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
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.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ก๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐:
https://www.polarismarketresearch.com/industry-analysis/automotive-plastic-fasteners-market
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
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
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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
๐๐จ๐ง๐ญ๐๐๐ญ:
Likhil G
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Email: sales@polarismarketresearch.com
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๐๐๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก & ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐๐ง๐:
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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