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Automotive Fastener Market worth 25.30 Billion USD by 2025

Automotive Fastener Market worth 25.30 Billion USD by 2025

Automotive Fastener Market by Characteristics (Removable, Permanent, Semi-Permanent), Products (Threaded, Non-Threaded), Material Type (Stainless Steel, Plastic, Aluminum), Application, Electric Vehicle Type, and Region - Global Forecast to 2025

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Threaded Fastener is Estimated to Lead the Automotive Fasteners Market

Threaded Fastener is Estimated to Lead the Automotive Fasteners Market

Removable automotive fasteners enable the parts to be disconnected readily without any damage. These fasteners contribute the maximum share in the total number of fasteners used in an automobile. Removable automotive fasteners such as nuts, bolts, and studs can be installed and removed easily with the help of hand tools or power tools. These types of fasteners have a long life and can be used multiple times. The penetration of removable fastener in automobiles is high due to its properties.

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Interior Trim Segment is Estimated to Lead the Automotive Fasteners Market

Interior Trim Segment is Estimated to Lead the Automotive Fasteners Market

The market for plastic fastener is estimated to have the highest growth due to the increasing need to reduce vehicle weight. The increasing demand for automobile weight reduction and fuel efficiency will reduce the use of metals such as stainless steel and iron and will increase the use of lightweight materials like plastic, which are the growth drivers for the plastic fastener segment in future.

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103 views • 8 slides
Automotive Fastener Market Size, Share, Analysis by 2025

Automotive Fastener Market Size, Share, Analysis by 2025

Automotive Fastener Market by Characteristics (Removable, Permanent, Semi-Permanent), Products (Threaded, Non-Threaded), Material Type (Stainless Steel, Plastic, Aluminum), Application, Electric Vehicle Type, and Region - Global Forecast to 2025

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61 views • 6 slides

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