Automotive Fastener Market to witness a healthy CAGR of 3.2% during 2019 to 2024
Automotive Fastener Market report is a study offering actionable insights into the global market opportunities, trends, forecasts, and competitive analysis.
(EMAILWIRE.COM, December 20, 2018 )
Stratview Research has published a new research report on Automotive Fastener Market. This extensive report by Stratview Research analyses the growth of Automotive Fastener Market over the trend period of 2013 to 2018 and forecast period of 2019 to 2024 under the following segments -
• by Product Type (Threaded Fastener, Non-Threaded Fastener)
• by Characteristic Type (Removable Fastener, Permanent Fastener, Semi-Permanent Fastener)
• by Vehicle Type (Passenger Car, Light Commercial Vehicle, and Medium & Heavy commercial Vehicle)
• by Fastener Type (Bolts, Screws, Nuts, Rivets, Others)
• by Material Type (Stainless Steel Fasteners, Plastic Fasteners, Aluminum Fasteners, Iron Fasteners, Bronze Fasteners, Brass Fasteners, Nickel Fasteners)
• by Coating Type (Zinc Coating, Passive Coating, Cadmium Coating, Dry Film Lube Coating, Others)
• by Application Type (Engine, Chassis, Interior Trim, Front/Rear Axle, Steering, Transmission, Other
• by End-User Type (OEM, Aftermarket)
• by Region (North America, Europe, Asia-Pacific, Rest of the World)
Go through the detailed scope: https://www.stratviewresearch.com/toc/439/Automotive-Fastener-Market.html
Or
Get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/439/Automotive-Fastener-Market.html
Factors contributing to the growth of the fasteners market
Fasteners are used in a wide array of applications out of which the automotive industry is undoubtedly one of the largest segments. The market for fasteners in the automotive industry seems resilient and is likely to witness a healthy CAGR of 3.2% during the forecast period. Increasing automobile production across regions, especially in Asia-Pacific and Eastern Europe and increasing demand for electric and alternative powertrain vehicles are the major driving factors of the fasteners market in the automotive industry.
Apart from the organic growth of automobile production, there are several other factors contributing to the growth of the fasteners market in the automotive industry. One of the key factors is the introduction of stringent regulations, such as CAFÉ Standards and EU’s Carbon Emission Reduction Targets, which are compelling automakers to incorporate lightweight materials in order to enhance the fuel efficiency.
Top market players
Some of the major automotive fastener manufacturers are Illinois Tool Works Inc., LISI Group, Shanghai Prime Machinery Company Limited, Bulten AB, Stanley Black & Decker, Inc., The SFS Group AG, Meidoh Co. Ltd., NIPMAN Automotive Solutions, The Würth Group, Piolax Inc., Westfield Fasteners Limited, Changshu City Standard Parts Factory, Fontana Gruppo Srl, Simmonds Marshall Limited, Sterling Tools Limited, Bollhoff, Nedschroef Machine Industry, Nifco Group, and Boltun Corporation.
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Stratview Research has published a new research report on Automotive Fastener Market. This extensive report by Stratview Research analyses the growth of Automotive Fastener Market over the trend period of 2013 to 2018 and forecast period of 2019 to 2024 under the following segments -
• by Product Type (Threaded Fastener, Non-Threaded Fastener)
• by Characteristic Type (Removable Fastener, Permanent Fastener, Semi-Permanent Fastener)
• by Vehicle Type (Passenger Car, Light Commercial Vehicle, and Medium & Heavy commercial Vehicle)
• by Fastener Type (Bolts, Screws, Nuts, Rivets, Others)
• by Material Type (Stainless Steel Fasteners, Plastic Fasteners, Aluminum Fasteners, Iron Fasteners, Bronze Fasteners, Brass Fasteners, Nickel Fasteners)
• by Coating Type (Zinc Coating, Passive Coating, Cadmium Coating, Dry Film Lube Coating, Others)
• by Application Type (Engine, Chassis, Interior Trim, Front/Rear Axle, Steering, Transmission, Other
• by End-User Type (OEM, Aftermarket)
• by Region (North America, Europe, Asia-Pacific, Rest of the World)
Go through the detailed scope: https://www.stratviewresearch.com/toc/439/Automotive-Fastener-Market.html
Or
Get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/439/Automotive-Fastener-Market.html
Factors contributing to the growth of the fasteners market
Fasteners are used in a wide array of applications out of which the automotive industry is undoubtedly one of the largest segments. The market for fasteners in the automotive industry seems resilient and is likely to witness a healthy CAGR of 3.2% during the forecast period. Increasing automobile production across regions, especially in Asia-Pacific and Eastern Europe and increasing demand for electric and alternative powertrain vehicles are the major driving factors of the fasteners market in the automotive industry.
Apart from the organic growth of automobile production, there are several other factors contributing to the growth of the fasteners market in the automotive industry. One of the key factors is the introduction of stringent regulations, such as CAFÉ Standards and EU’s Carbon Emission Reduction Targets, which are compelling automakers to incorporate lightweight materials in order to enhance the fuel efficiency.
Top market players
Some of the major automotive fastener manufacturers are Illinois Tool Works Inc., LISI Group, Shanghai Prime Machinery Company Limited, Bulten AB, Stanley Black & Decker, Inc., The SFS Group AG, Meidoh Co. Ltd., NIPMAN Automotive Solutions, The Würth Group, Piolax Inc., Westfield Fasteners Limited, Changshu City Standard Parts Factory, Fontana Gruppo Srl, Simmonds Marshall Limited, Sterling Tools Limited, Bollhoff, Nedschroef Machine Industry, Nifco Group, and Boltun Corporation.
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Contact Information:
Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
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Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results