Automotive Fasteners Market

Global Automotive
Fasteners Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2016
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Report
Description
Report Description
Fasteners are the mechanical components that holds, joins or affixes two or more parts
together, automotive industry is the largest market for the fastener. Automotive fasteners
are made up of various materials such as Iron, Aluminum, Brass, Nickel, Stainless steel,
Plastic, they are further classified with their distinct characteristics. Automotive fasteners
are generally used for the clamping parts of vehicle together to avoid their separation or
wobbling, transmitting loads as well as to prevent leakage of joint. Automotive fasteners
comes in various shapes and coatings, colours to meet the demand of automotive
fastening market along with the attractive designs and quality. Over the last decade
various companies are involved into the technological research and development of the
automotive fasteners, which resulted into superior quality fasteners and the growth of
automotive fasteners market. Overall, the automotive fasteners market is expected to
show a modest CAGR over the forecast period.
Automotive fasteners market: Drivers and Restraints
The flourishing automobile industry and the vital importance of fasteners in automobiles
is a key driving factors of automotive fasteners market. The technical developments and
improvements in the quality and durability of fasteners is another driving factor in the
automotive fasteners market. The easy replaceable nature of automotive fasteners makes
it convenient for the end use consumers to purchase fasteners for their vehicles that
would further boost the aftermarket of automotive fasteners.
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Description
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However, the alternative to automotive fasteners such as clinching and welding can
slowdown the growth of automotive fasteners market.
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Automotive fasteners market: Segmentation
On the basis of material used, the automotive fasteners market segmented as follows:
Iron
Aluminum
Brass
Nickel
Stainless steel
Plastic
On the basis of characteristics, the automotive fasteners market segmented as follows:
Removable
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Description
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Permanent
On the basis of types, the automotive fasteners market segmented as follows:
Threaded Nuts
Screws
Rivets
Studs
Non threaded –
Snap rings
Clips
On the basis of Coating, the automotive fasteners market segmented as follows:
Passivated coating
Cadmium coating
Dry film lube coating
On the basis of distribution channel, the automotive fasteners market segmented as
follows:
OEM (Original Equipment Manufacturers)
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Description
Report Description
Automotive fasteners market: Region wise outlook
The global fasteners market is segmented into the seven regions which includes North
America, Latin America, Western Europe, Eastern Europe, APEJ, Japan and Middle East
and Africa. Europe is the market leader in the automotive fasteners market owing to the
largest global automobile hub. APEJ is the second major contributor in the automotive
fasteners market due to the growth in the vehicles market and the aftermarket sale of
the fasteners. The automobile companies such as General Motors, and Ford is making
USA a significant country in the region of North America. Japan is flourishing in the
automotive fasteners market because of the automobile giants like Toyota, Suzuki. Latin
America and Middle East and Africa are at a nascent stage in the automotive fasteners
market and is expected to have a modest CAGR in the forecast period.
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Automotive fasteners market: Key players
Some of the global players identified in the automotive fasteners market are as follows:
Permanent Technologies, Inc.
Phillips screw company
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Description
Report Description
Westfield Fasteners Limited
com Inc.
Atotech Deutschland GmbH
Stanley Engineered Fastening
PennEngineering
Shanghai Tianbao Fastener Manufacturing Co., Ltd.
Jiangsu Xing Chang Jiang International Co., Ltd.
Shamrock International Fasteners
Birmingham Fastener, Inc.
Sundram Fasteners Limited
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