Global Automotive Fastener
Market Report
2025
The global automotive fastener market size is USD 21.45 billion in 2024. The automotive fastener market will show the strongest growth with a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031. This growth can be attributed to the increasing safety measures.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global automotive fastener market size is USD 21.45 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
2021 | 2025 | 2033 | CAGR | |
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Global Automotive Fastener Market Sales Revenue | $ 23165.9 Million | $ 25350 Million | $ 30355.4 Million | 2.278% |
North America Automotive Fastener Market Sales Revenue | $ 6718.11 Million | $ 7318.54 Million | $ 8405.41 Million | 1.746% |
United States Automotive Fastener Market Sales Revenue | $ 5508.85 Million | $ 5994.04 Million | $ 6770.72 Million | 1.535% |
Canada Automotive Fastener Market Sales Revenue | $ 866.636 Million | $ 936.92 Million | $ 1165.16 Million | 2.763% |
Mexico Automotive Fastener Market Sales Revenue | $ 342.624 Million | $ 387.59 Million | $ 469.526 Million | 2.426% |
Europe Automotive Fastener Market Sales Revenue | $ 4355.19 Million | $ 4732.85 Million | $ 5400.22 Million | 1.663% |
United Kingdom Automotive Fastener Market Sales Revenue | $ 569.223 Million | $ 614.371 Million | $ 657.801 Million | 0.857% |
Germany Automotive Fastener Market Sales Revenue | $ 673.748 Million | $ 728.432 Million | $ 793.347 Million | 1.073% |
France Automotive Fastener Market Sales Revenue | $ 575.32 Million | $ 628.001 Million | $ 759.757 Million | 2.409% |
Italy Automotive Fastener Market Sales Revenue | $ 307.041 Million | $ 335.511 Million | $ 395.242 Million | 2.069% |
Russia Automotive Fastener Market Sales Revenue | $ 460.779 Million | $ 498.747 Million | $ 538.294 Million | 0.958% |
Spain Automotive Fastener Market Sales Revenue | $ 309.654 Million | $ 334.517 Million | $ 350.907 Million | 0.6% |
Sweden Automotive Fastener Market Sales Revenue | $ 129.349 Million | $ 139.051 Million | $ 148.83 Million | 0.853% |
Denmark Automotive Fastener Market Sales Revenue | $ 103.653 Million | $ 110.607 Million | $ 114.485 Million | 0.432% |
Switzerland Automotive Fastener Market Sales Revenue | $ 85.362 Million | $ 90.729 Million | $ 91.102 Million | 0.051% |
Luxembourg Automotive Fastener Market Sales Revenue | $ 64.457 Million | $ 68.011 Million | $ 70.581 Million | 0.465% |
Rest of Europe Automotive Fastener Market Sales Revenue | $ 1076.6 Million | $ 1184.87 Million | $ 1479.88 Million | 2.818% |
Asia Pacific Automotive Fastener Market Sales Revenue | $ 9243.19 Million | $ 10145.1 Million | $ 12536.8 Million | 2.681% |
China Automotive Fastener Market Sales Revenue | $ 2697.16 Million | $ 2951.2 Million | $ 3525.34 Million | 2.247% |
Japan Automotive Fastener Market Sales Revenue | $ 1889.31 Million | $ 2066.55 Million | $ 2469.75 Million | 2.253% |
India Automotive Fastener Market Sales Revenue | $ 1301.44 Million | $ 1441.61 Million | $ 1889.29 Million | 3.438% |
South Korea Automotive Fastener Market Sales Revenue | $ 689.542 Million | $ 747.692 Million | $ 841.218 Million | 1.484% |
Australia Automotive Fastener Market Sales Revenue | $ 264.355 Million | $ 281.018 Million | $ 289.6 Million | 0.377% |
Singapore Automotive Fastener Market Sales Revenue | $ 326.285 Million | $ 367.252 Million | $ 473.89 Million | 3.238% |
South East Asia Automotive Fastener Market Sales Revenue | $ 854.071 Million | $ 944.506 Million | $ 1199.77 Million | 3.035% |
Taiwan Automotive Fastener Market Sales Revenue | $ 158.983 Million | $ 166.379 Million | $ 185.544 Million | 1.372% |
Rest of APAC Automotive Fastener Market Sales Revenue | $ 1062.04 Million | $ 1178.86 Million | $ 1662.38 Million | 4.39% |
South America Automotive Fastener Market Sales Revenue | $ 1575.28 Million | $ 1754.22 Million | $ 2246.3 Million | 3.139% |
Brazil Automotive Fastener Market Sales Revenue | $ 477.783 Million | $ 531.213 Million | $ 661.131 Million | 2.773% |
Argentina Automotive Fastener Market Sales Revenue | $ 217.074 Million | $ 242.398 Million | $ 322.748 Million | 3.643% |
Colombia Automotive Fastener Market Sales Revenue | $ 126.18 Million | $ 140.022 Million | $ 171.438 Million | 2.563% |
Peru Automotive Fastener Market Sales Revenue | $ 70.573 Million | $ 78.168 Million | $ 94.255 Million | 2.367% |
Chile Automotive Fastener Market Sales Revenue | $ 33.711 Million | $ 37.295 Million | $ 44.162 Million | 2.135% |
Rest of South America Automotive Fastener Market Sales Revenue | $ 649.961 Million | $ 725.124 Million | $ 952.565 Million | 3.469% |
Middle East Automotive Fastener Market Sales Revenue | $ 857.138 Million | $ 907.53 Million | $ 971.372 Million | 0.853% |
Saudi Arabia Automotive Fastener Market Sales Revenue | $ 295.97 Million | $ 311.827 Million | $ 326.09 Million | 0.561% |
Turkey Automotive Fastener Market Sales Revenue | $ 104.314 Million | $ 109.448 Million | $ 112.388 Million | 0.332% |
UAE Automotive Fastener Market Sales Revenue | $ 84.085 Million | $ 90.118 Million | $ 105.102 Million | 1.941% |
Egypt Automotive Fastener Market Sales Revenue | $ 75.428 Million | $ 80.679 Million | $ 90.143 Million | 1.396% |
Qatar Automotive Fastener Market Sales Revenue | $ 67.285 Million | $ 70.061 Million | $ 72.173 Million | 0.372% |
Rest of Middle East Automotive Fastener Market Sales Revenue | $ 230.056 Million | $ 245.396 Million | $ 265.476 Million | 0.988% |
Africa Automotive Fastener Market Sales Revenue | $ 416.986 Million | $ 491.79 Million | $ 795.311 Million | 6.193% |
Nigeria Automotive Fastener Market Sales Revenue | $ 82.355 Million | $ 96.686 Million | $ 152.7 Million | 5.879% |
South Africa Automotive Fastener Market Sales Revenue | $ 137.647 Million | $ 161.897 Million | $ 254.977 Million | 5.842% |
Rest of Africa Automotive Fastener Market Sales Revenue | $ 196.984 Million | $ 233.207 Million | $ 387.635 Million | 6.558% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Application |
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Market Split by Product |
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Market Split by Characteristics |
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Market Split by Material Type |
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Market Split by Vehicle Type |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Market Drivers:
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Market Restrains:
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Market Trends:
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Report scope is customizable as we have a huge database of Automotive Fastener industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Automotive Fastener Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
A hardware tool used to mechanically attach or affix two or more components of an automobile is called an automotive fastener. These fasteners are essential for maintaining structural integrity, performance, and safety when joining different car parts. They are made of different materials, types, and shapes to suit different needs in the automobile sector. The growing automotive production and increasing innovative product launch is a major factor that propels the market growth.
Growth in Automotive Production:
The demand for automotive fasteners is being driven by an increase in vehicle production, particularly in emerging economies.
Growing Demand for Lightweight Vehicles:
In order to meet strict emission standards and increase fuel efficiency, automakers are concentrating on lightweight materials like plastic fasteners and aluminum.
Technological Developments in Fasteners:
The creation of self-locking, corrosion-resistant, and high-performance fasteners is improving the longevity and security of automobiles.
Price fluctuations for raw materials:
Manufacturing costs and profit margins are impacted by the price volatility of steel, aluminum, and plastic materials.
Growing Adoption of Adhesive Bonding & Welding:
In order to lessen their dependency on conventional fasteners, automakers are turning to alternative joining methods like welding and structural adhesives.
Complex Supply Chain & Counterfeit Products:
The presence of counterfeit fasteners and supply chain disruptions can impact product quality and market growth.
Increasing Use of Smart Fasteners:
Predictive maintenance and vehicle diagnostics are being improved by the incorporation of IoT-enabled and self-sensing fasteners.
Growth of Eco-Friendly & Sustainable Fasteners:
In an effort to lessen their impact on the environment, manufacturers are concentrating on recyclable and bio-based materials.
We have various report editions of Automotive Fastener Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
In March 2022, K-T Bolt Manufacturing, Inc. was acquired by Birmingham Fastener & Supply Company Inc. The company increased Birmingham Fastener's manufacturing diversification and product portfolio with this acquisition. (Source: https://bhamfast.com/blog/bf-kt-bolt-acquisition)
Top Companies Market Share in Automotive Fastener Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. North America emerged as the dominant region in the automotive fastener market due to an increase in several factors, including technological advancement, the growing demand for innovative solutions, increasing product launches and the presence of major manufacturers.
Asia-Pacific stands out as the fastest-growing region in the Automotive Fastener market due to the rising production of vehicles. Moreover, the increasing aftermarket sale of vehicles and the rising safety regulations are expected to propel the market expansion in the region.
The current report Scope analyzes Automotive Fastener Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Automotive Fastener Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Automotive Fastener Industry growth. Automotive Fastener market has been segmented with the help of its , Application Product, and others. Automotive Fastener market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The report provides a detailed categorization and differentiation of competitors in the Automotive Fastener market based on their offerings and business models. It will include key information for each segment, such as definitions, benefits, applications, technological advancements, regional advantages, and other related factors. Additionally, the study will present market growth figures for each type within the specified timeframe, including numerical data like market share percentages, revenue figures for each segment, and growth rates (e.g., CAGR). (For more information, request a sample of the pages or contact the analyst/author directly)
of Automotive Fastener analyzed in this report are as follows:
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Automotive Fastener Industry. Request a Free Sample PDF!
This report forecasts revenue growth in the Automotive Fastener industry at global, regional, and national levels, analyzing the latest trends and pinpointing opportunities for each application of given timeframe. This analysis examines how business offerings utilizes to meet specific demands. Key factors to include in the by-application segment analysis are market size, growth potential, revenue contribution by application, technological advancements tailored to each industry (e.g., temperature-controlled logistics for pharmaceuticals or perishables), and regulatory requirements. Furthermore, our research team is prepared to provide additional insights, including a comprehensive analysis of the value chain specific to the Automotive Fastener industry, which will highlight key players, processes, and interdependencies across the supply chain. We also offer valuable operational benchmarks to compare performance metrics and identify best practices within the industry. Additionally, we can deliver other specialized and customized information tailored to meet the unique needs and challenges of the Automotive Fastener sector, enabling businesses to make informed decisions and stay competitive in a dynamic market. For more information, please request a sample or contact our research team.
Some of the key Application of Automotive Fastener are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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According to cognitive market research, stainless steel is the dominant category. Better corrosion resistance is provided by stainless steel fasteners, which is essential for a vehicle's longevity and dependability, particularly in challenging conditions. They are also appropriate for demanding applications that need robustness and longevity because of their high tensile strength and durability. Stainless steel fasteners not only provide practical advantages but also provide a neat and attractive appearance, which is advantageous for visible components.
Research Analyst at Cognitive Market Research
I am a research analyst working in the Transport & Logistics domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.
Sneha Mali is a research analyst working in various domains including the Consumer Goods, market research and transport & logistics and her primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. Her knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively.Sneha stay up-to-date with the latest research trends, methodologies, and technologies to ensure that her research is accurate, relevant, and impactful.
In her current role, Sneha is committed to continuous learning and staying abreast of emerging trends in research methodologies. Regular participation in workshops, webinars, and industry conferences ensures that her skills remain sharp and relevant. She have demonstrated ability to transform complex data sets into clear and concise narratives that inform key business strategies. Collaborating with cross-functional teams.Sneha remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Automotive Fastener Market is witnessing significant growth in the near future.
In 2023, the segment accounted for noticeable share of global Automotive Fastener Market and is projected to experience significant growth in the near future.
The Chassis segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Stanley Black & Decker , KAMAX and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Application | Chassis, Engine, Transmission, Steering, Front/Rear Axle, Interior Trim, Others |
Product | Threaded, Non-Threaded |
Characteristics | Removable Fasteners, Permanent Fasteners, Semi-Permanent Fasteners |
Material Type | Iron, Stainless Steel, Bronze, Nickel, Aluminum, Brass, Plastic |
Vehicle Type | Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle |
List of Competitors | Stanley Black & Decker, Bulten AB, KAMAX, Shanghai Prime Machinery Company, Sundram Fasteners, SFS Group, Lisi Group, KOVA Fasteners Private Limited, The Philips Screw Company, Westfield Fasteners Limited |
This chapter will help you gain GLOBAL Market Analysis of Automotive Fastener. Further deep in this chapter, you will be able to review Global Automotive Fastener Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Automotive Fastener. Further deep in this chapter, you will be able to review North America Automotive Fastener Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Automotive Fastener. Further deep in this chapter, you will be able to review Europe Automotive Fastener Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Automotive Fastener. Further deep in this chapter, you will be able to review Asia Pacific Automotive Fastener Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Automotive Fastener. Further deep in this chapter, you will be able to review South America Automotive Fastener Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Automotive Fastener. Further deep in this chapter, you will be able to review Middle East Automotive Fastener Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Automotive Fastener. Further deep in this chapter, you will be able to review Middle East Automotive Fastener Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Automotive Fastener. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Application Analysis 2021 - 2033
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Chapter 11 Market Split by Product Analysis 2021 - 2033
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Chapter 12 Market Split by Characteristics Analysis 2021 - 2033
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Chapter 13 Market Split by Material Type Analysis 2021 - 2033
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Chapter 14 Market Split by Vehicle Type Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Automotive Fastener market
Chapter 15 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 16 Research Methodology and Sources
Why have a significant impact on Automotive Fastener market? |
What are the key factors affecting the and of Automotive Fastener Market? |
What is the CAGR/Growth Rate of Chassis during the forecast period? |
By type, which segment accounted for largest share of the global Automotive Fastener Market? |
Which region is expected to dominate the global Automotive Fastener Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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