Press release
Global Automotive Fastener Market to Rise from USD 23.70 Billion in 2022 to USD 33.27 Billion by 2029 at 4.96% CAGR - Automotive Fastener Market forecast
Automotive Fastener Market
According to Maximize Market Research, the global Automotive Fastener Market was valued at USD 23.70 billion in 2022 and is projected to reach USD 33.27 billion by 2029, expanding at a compound annual growth rate (CAGR) of 4.96%.
Download your sample copy of this report today!https://www.maximizemarketresearch.com/request-sample/29346/
Key Highlights
Market Size & CAGR: USD 23.70 billion in 2022 → USD 33.27 billion by 2029 at 4.96% CAGR.
Regional Momentum: Asia-Pacific leads both current share and forecast growth, fueled by booming automotive production in China and India.
Growth Drivers: Rising electric and alternative powertrain vehicle adoption, lightweighting trends, and expansion in developing automotive industries.
Segment Trends: Threaded fasteners dominate; lightweight materials (aluminum, composites) and specialty fasteners for EVs are growing fast.
Competitive Landscape: Key players include Sundram Fasteners, LISI Group, Bollhoff, Stanley Black & Decker, Bulten, and others.
Secure your sample copy of this report immediately!https://www.maximizemarketresearch.com/request-sample/29346/
Body Content
Market Outlook
The Automotive Fastener Market is on a growth trajectory from USD 23.70 billion in 2022 to USD 33.27 billion by 2029, at a 4.96% CAGR, supported by global automotive expansion and the shift toward electric and smarter vehicle platforms.
Regional Insights
Asia-Pacific dominates with nearly half the global share, propelled by increasing auto production and EV component localization.
North America & Europe continue steady growth, aided by lightweight mandates and advanced fastener tech for structural and EV assemblies.
Product & Material Trends
Threaded fasteners (bolts, nuts, screws) hold majority share; specialty and lightweight fasteners are growing due to EV demands.
Material shift toward aluminum and composite fasteners is rising (~5.66% CAGR), aiding lightweight vehicle architectures.
Drivers, Challenges & Trends
Key Drivers:
Rising EV and lightweight vehicle adoption.
Expansion of automotive manufacturing in emerging economies.
Constraints: Substitution threats from welding and clinching methods may cap growth.
Emerging Trends: Specialty fasteners for EVs, protective coatings, and modular fastening solutions gain traction.
Competitive Landscape
Leading fastener manufacturers-Sundram Fasteners, LISI Group, Bollhoff, Bulten, Stanley Black & Decker, SFS Group, among others-are focusing on R&D, lightweight materials, and global expansion to capitalize on the evolving automotive landscape.
To learn more about the findings of this research, please check:https://www.maximizemarketresearch.com/market-report/global-automotive-fastener-market/29346/
Quote
"With the Automotive Fastener Market forecast aiming for USD 33 billion by 2029, the winners will be fasteners that combine lightweight design, advanced materials, and EV compatibility while navigating emerging assembly alternatives," said an industry analyst.
Get Market Research Latest Trends
Global FRP Manhole Covers Market https://www.maximizemarketresearch.com/market-report/global-frp-manhole-covers-market/74461/
Sea Freight Forwarding Market https://www.maximizemarketresearch.com/market-report/sea-freight-forwarding-market/189142/
Global Automotive Steer-by-Wire Market https://www.maximizemarketresearch.com/market-report/global-automotive-steer-by-wire-market/97394/
Automotive Market in Japan https://www.maximizemarketresearch.com/market-report/automotive-market-in-japan/86428/
India Airbag Market https://www.maximizemarketresearch.com/market-report/india-airbag-market/42264/
Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Automotive Fastener Market to Rise from USD 23.70 Billion in 2022 to USD 33.27 Billion by 2029 at 4.96% CAGR - Automotive Fastener Market forecast here
News-ID: 4176231 • Views: …
More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.
Global Tennis Elbow Treatment Market to Grow from USD 186.7 Million in 2024 to U …
Opening Paragraph
According to a new report by Maximize Market Research, the global Tennis Elbow Treatment Market was valued at USD 186.72 million in 2024 and is projected to reach USD 283.74 million by 2032, expanding at a 5.37% CAGR over the forecast period.
Download your sample copy of this report today!https://www.maximizemarketresearch.com/request-sample/116331/
Key Highlights
Market Size & CAGR: USD 186.72 million (2024) → USD 283.74 million (2032);…
Global Photovoltaic Backsheet Market to Grow from USD 2.25 Billion in 2023 to US …
◉Opening Paragraph
According to Maximize Market Research, the global photovoltaic backsheet market was valued at USD 2.25 billion in 2023 and is projected to reach USD 3.10 billion by 2030, growing at a CAGR of 4.7% during 2024-2030.
Download your sample copy of this report today! https://www.maximizemarketresearch.com/request-sample/74444/
◉Key Highlights
Market Size & CAGR: USD 2.25 billion in 2023 → USD 3.10 billion by 2030 at 4.7% CAGR
Leading…
Global Commercial Helicopter Market to Grow from USD 6.07 Billion in 2024 to USD …
◉Opening Paragraph
According to Maximize Market Research, the global Commercial Helicopter Market was valued at USD 6.07 billion in 2024 and is projected to reach USD 8.63 billion by 2032, growing at a 4.5% CAGR from 2025 to 2032.
Download your sample copy of this report today! https://www.maximizemarketresearch.com/request-sample/114756/
◉Key Highlights
Market Size & CAGR: USD 6.07 billion (2024) → USD 8.63 billion (2032); CAGR of 4.5%.
Primary Applications: Includes emergency medical services…
Global Friction Products & Materials Market to Rise from USD 29.9 Billion in 202 …
◉Opening Paragraph
According to a Strategic Business Report by ResearchAndMarkets, the global Friction Products and Materials Market was valued at USD 29.9 billion in 2023 and is projected to reach USD 43.6 billion by 2030, showing a compound annual growth rate (CAGR) of 5.5% over the forecast period.
Download your sample copy of this report today! https://www.maximizemarketresearch.com/request-sample/111606/
◉Key Highlights
Market Size & CAGR: USD 29.9 billion in 2023 → USD 43.6…
More Releases for Automotive
Automotive Grommet Market set for explosive growth: Cooper Standard Automotive, …
According to HTF MI, "Global Automotive Grommet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". The Global Automotive Grommet Market is anticipated to grow at a compound annual growth rate (CAGR) of 5.96% from 2024 to 2030, reaching USD 100 Billion in 2024 and USD 150 Billion by 2030.
Automotive grommets are protective rings or eyelets made from rubber or plastic, used to protect or cover holes in metal…
KSA Automotive Market | KSA Automotive Industry | KSA Automotive Industry Resear …
Saudi Arabia’s automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%.
Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand
Surge in Domestic Manufacturing to gain independence of Imports: With Vision 2030, KSA is trying to gain impendence of…
Automotive Fuel Injectors Market: Growing Automotive Sales Fueling Automotive Fu …
Automotive fuel injectors market is likely to grow at a steady pace in the long run, according to a new report by Fact.MR. The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that the sales of automotive fuel injectors are expected…
Global Automotive Safety Market 2019 Worldwide Outlook By Autoliv, Delphi Automo …
Automotive safety systems are designed to comply with the standards and regulations prescribed by government agencies and transport authorities worldwide. Passive safety systems are designed to protect passengers, drivers, and pedestrians during an accident.
In terms of region, the global Automotive Passive Safety Systems market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a prominent share of the global…
Global Oil Pump for Automotive Market 2018 Analysis -Bosch,Denso,Aisin Seiki,Del …
According to this study, over the next five years the Oil Pump for Automotive market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global market share (sales and revenue) of key companies in Oil Pump for Automotive business.
Get Sample Copy of this Report for more Information…
Global Automotive Body Welded Assembly Market 2018 - Daesan, Baylis Automotive, …
Accord Market, recently published a detailed market research study focused on the “Automotive Body Welded Assembly Market” across the global, regional and country level. The report provides 360° analysis of “Automotive Body Welded Assembly Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of…
