How big is the Automotive Fasteners Market?

The Automotive Fasteners Market size is expected to reach USD 60.38 billion in 2024 and grow at a CAGR of 4.13% to reach USD 74.22 billion by 2029. Read More

What is the current Automotive Fasteners Market size?

In 2024, the Automotive Fasteners Market size is expected to reach USD 60.38 billion. Read More

Who are the key players in Automotive Fasteners Market?

Bossard Group, Stanley Black & Decker Inc., KAMAX Holding GmbH & Co., LISI Group and Indiana Automotive Fasteners Inc. (Aoyama Seisakusho Co., Ltd.) are the major companies operating in the Automotive Fasteners Market. Read More

Which is the fastest growing region in Automotive Fasteners Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Automotive Fasteners Market?

In 2024, the Asia-Pacific accounts for the largest market share in Automotive Fasteners Market. Read More

What years does this Automotive Fasteners Market cover, and what was the market size in 2023?

In 2023, the Automotive Fasteners Market size was estimated at USD 57.89 billion. The report covers the Automotive Fasteners Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Automotive Fasteners Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Automotive Fasteners Market - Industry Size & Trends

Automotive Fasteners Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Automotive Fasteners Market Report is Segmented by Fastener Type (Threaded and Non-Threaded), Vehicle Type (Passenger Cars and Commercial Vehicles), Vehicle Propulsion Type (IC Engine Vehicles and Electric Vehicles), Function (Detachable and Non-Detachable), Material Type (Iron, Steel, Aluminum, Brass, and Plastic), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The Report Offers the Market Sizes and Forecasts in Terms of Value (USD) for all the Above Segments.

Automotive Fasteners Industry Overview

The market for automotive fasteners is highly competitive, with a few players, such as Bossard Group, Stanley Black & Decker Inc., and KAMAX Holding GmbH & Co., dominating the market. These companies collectively account for a major share of this market.

The players in the market have adopted various strategies to diversify their presence globally and increase their market shares. The companies should focus on introducing more innovative products, mainly lightweight fasteners, as the demand for lightweight vehicles is increasing worldwide. Players are carrying out strategic mergers and acquisitions in order to extend their market foothold.

March 2022: Birmingham Fastener & Supply Company Inc. acquired K-T Bolt Manufacturing Inc. Through this acquisition, the company strengthened Birmingham Fastener's product offering and manufacturing diversity.