The Market Reports

Synopsis

The global market for Automotive Fasteners was estimated to be worth US$ 26190 million in 2024 and is forecast to a readjusted size of US$ 35770 million by 2031 with a CAGR of 4.7% during the forecast period 2025-2031.

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.

This report aims to provide a comprehensive presentation of the global market for Automotive Fasteners, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Automotive Fasteners by region & country, by Type, and by Application.

The Automotive Fasteners market size, estimations, and forecasts are provided in terms of sales volume (Kilotons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Fasteners.

Market Segmentation

By Company

• 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

Segment by Type

• Threaded Fasteners
• Non-threaded Fasteners

Segment by Application

• Automotive OEM
• Automotive Aftermarket

Segment by Region

• North America: United States, Canada, and Mexico
• Europe: United Kingdom, Germany, France, Spain, Italy, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, and Rest of Asia Pacific
• Middle East & Africa: Saudi Arabia, South Africa, and Rest of MEA
• Latin America: Brazil, Argentina, and Rest of Latin America

*If you need a regional or country-specific version, or customized segmentation, we can tailor the report to your requirements.