Automotive Fasteners Market Set to Soar to $35.77 Billion by 2031 with 4.7% CAGR | Würth, Aoyama Seisakusho, Araymond

The global Automotive Fasteners market was valued at US$ 26.19 billion in 2024 and is anticipated to reach US$ 35.77 billion by 2031, witnessing a CAGR of 4.7% during the forecast period 2025-2031.

According to QYResearch New Study Report 'Automotive Fasteners Market 2025' provides a comprehensive analysis of the industry with market insights will definitely facilitate to increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. Finally, this will increase the return rate and strengthen the competitive advantage within. Since it's a personalised market report, the services are catered to the particular difficulty. The correct methodology and staff will be matched to the company need through marketing reports, which may involve survey work, in-depth interviews, or a combination of methodologies. also qualitative and quantitative analysis, we help you with thorough and comprehensive research on the global Automotive Fasteners market. We have also focused on SWOT, PESTLE, and Porter's Five Forces analyses of the global Automotive Fasteners market.

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Automotive Fasteners are mechanical components specifically designed to securely join or fix two or more parts in an automotive system. These fasteners come in various types, including bolts, screws, nuts, washers, rivets, and clips, and are made from materials such as steel, aluminum, or plastic to meet specific strength, durability, and weight requirements. Automotive fasteners are critical in ensuring the structural integrity, safety, and functionality of vehicles, as they are used in key areas such as engines, chassis, interiors, and electrical systems. They are engineered to withstand harsh operating conditions, including vibration, temperature changes, and corrosion.

The automotive fasteners market is evolving rapidly, driven by advancements in electric vehicles (EVs) and autonomous driving technologies. With the increasing adoption of electric vehicles, the demand for high-strength, lightweight, and corrosion-resistant fasteners has grown. These fasteners are crucial in ensuring the safety and performance of critical components like battery packs, electric motors, and electronic systems. Additionally, as the industry continues to prioritize vehicle lightweighting and sustainability, there is an increasing focus on high-strength, lightweight materials such as aluminum and titanium alloys, which are expected to dominate the fastener market.

In terms of product type, currently Threaded Fasteners is the largest segment, hold a share of 81.8%. Threaded fasteners are one of the most widely used fasteners in the automotive industry. With the rise of electric vehicles (EVs) and lightweight vehicles, the demand for threaded fasteners continues to grow, especially with the high strength requirements of the body and powertrain. These fasteners are essential in components such as body structure, engine, drivetrain and chassis. Non-threaded fasteners mainly include rivets, clasps, pressure plates, etc., which are also gradually increasing in the application of automobile manufacturing. Especially driven by lightweight design, rivets and other non-threaded fasteners have become an important alternative to welding, especially in body lightweighting and electric vehicle structure.

In terms of product application, currently Automotive OEM is the largest segment, hold a share of 88.1%. As global automakers increase their requirements for automobile safety, durability and performance, the demand for fasteners in the automotive original parts market continues to grow. In particular, in key areas such as the automobile body structure, engine compartment, chassis, etc., original parts have very high requirements for the quality and performance of fasteners. The development of the automotive aftermarket has gradually grown with the increase in the number of vehicles. As an indispensable accessory in the process of repair, replacement and upgrade, the demand for automotive fasteners has been rising year by year. As consumers' demand for automobile maintenance and personalization increases, the demand for different types of fasteners in the aftermarket is also changing.

Looking ahead, the automotive fasteners market is poised for substantial growth, particularly with the rise of EVs and connected cars. Fasteners will play an increasingly crucial role in the assembly of components such as battery packs and electric drive systems. The industry will continue to innovate in materials and manufacturing techniques, contributing to a more efficient, intelligent, and sustainable automotive future.

Top Market Players

According to the QY Research report, leading global companies in the Automotive Fasteners market include:

Würth
Aoyama Seisakusho
Araymond
Stanley
ITW
Meidoh
Nifco
Fontana
Shanghai PMC(Nedschroef)
KAMAX
Agrati
LISI
Bulten
Böllhoff
Piolax
Meira
EJOT
Norma
FAWER Automotive Parts
Precision Castparts
Sundram Fasteners
Keller&Kalmbach
Topura
SFS
Samjin
Boltun
GEM-YEAR
STL
Essence Fastening Systems
Shenzhen AERO

Companies are selected based on parameters such as: -

> Revenue generation
> Manufacturing facilities
> R&D investments
> Market share and innovation pipeline
> Geographical presence

Market Drivers and Barriers:-

Automotive Fasteners market drivers include a few key factors include growing consumer demand for the product, successful marketing tactics in new states, and large investments in product development. Easy access to competitors is one of the main issues facing the Automotive Fasteners business. Another hurdle to the Automotive Fasteners market is the low cost of substitutes. Businesses think they can get past this barrier, though, by controlling prices and introducing chemicals, specialty chemicals, polymers, metals, ceramics, composites, and advanced materials sector, which will increase consumer demand for their products. Furthermore, in order to minimise dangers, modify their plans, and continue operating, market participants must face substantial challenges. Consequently, companies will be able to effectively allocate their resources without compromising timely market supply or product quality.

Global Automotive Fasteners Market Trends:

Automotive Fasteners The pre- and post-period regulatory situation plays an important role in shaping market dynamics. As governments introduce and refine regulations governing the production, distribution, and sale of Automotive Fasteners products, businesses must navigate complex compliance requirements to ensure lawful operations. Regulatory clarity and consistency are key factors that positively impact markets, providing certainty for businesses and giving people confidence in product safety and quality standards. Additionally, regulatory developments such as the approval of Automotive Fasteners chemical and material products and the establishment Automotive Fasteners of cultivation programs are opening up new opportunities for market expansion while setting standards for best practices in the industry.

Methods of Research:-

The report has its roots truly set in thorough techniques provided with the aid of proficient facts analysts. the study's methodology includes the collection of information through analysts simplest to have them studied and filtered thoroughly in an try to provide good sized predictions approximately the marketplace over the evaluate length. The research method further consists of interviews with main market influencers, which makes the primary research applicable and realistic. The secondary methods give a direct peek into the demand and deliver connection. The market methodologies followed within the record offer specific facts analysis and provide a tour of the whole marketplace. Each number one and secondary techniques to data collection were used. In addition to these, publicly available assets together with annual reviews, and white papers had been utilized by records analysts for an insightful know-how of the marketplace.

Detailed of Automotive Fasteners Market Segmentation: -

Our market analysts are experts in deeply segmenting the global Automotive Fasteners market and thoroughly evaluating the growth potential of each and every segment studied in the report. Right at the beginning of the research study, the segments are compared on the basis of consumption and growth rate for a review period of nine years. The segmentation study included in the report offers a brilliant analysis of the global Automotive Fasteners market, taking into consideration the market potential of different segments studied. It assists market participants to focus on high-growth areas of the global Automotive Fasteners market and plan powerful business tactics to secure a position of strength in the industry.

Segmentation By Type :-

Threaded Fasteners
Non-threaded Fasteners

Segmentation By Application : -

Automotive OEM
Automotive Aftermarket

Regional Insights -

The report gives a broad explanation about the presence of the Automotive Fasteners market in different regions and countries. With an extensive regional analysis of the Automotive Fasteners market, the research analysts make an attempt to unveil hidden growth prospects available for players in different parts of the world. They accurately estimate market share, CAGR, production, consumption, price, revenue, and other crucial factors that indicate the growth of regional markets studied in the report. They also shed light on the presence of prominent players in regional markets, and how it is making a difference in the growth of the regional markets.

By Region

United States

Canada
Mexico
Brazil
China

APAC

Japan
South Korea
China
ASEAN
India

EMEA

Europe
Middle East
Africa

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Key Features Of The Study:-

ᗒ This report provides in-depth analysis of the global Automotive Fasteners market, and provides market size (us$ million) and cagr for the forecast period (205-2031), considering 2023 as the base year.

ᗒ This report profiles key players in the global Automotive Fasteners market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Fasteners sales data, market share and ranking.

ᗒ This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.

ᗒ This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.

ᗒ The global Automotive Fasteners market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.

Important questions answered in the report includes of:

ᗒ How will the market for the Automotive Fasteners Market industry grow in 2025?

ᗒ Which well-known major companies will drive the market's growth?

ᗒ Which size of business held the biggest market share for data centre?

ᗒ What is the market's Compound Annual Growth Rate (CAGR) for the 2025-2031 forecast period?

ᗒ What is the primary factor driving the market's expansion?

ᗒ In the market, which region held the highest market share?

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