Automotive Fastener Market

The automotive fastener market is a large and dynamic market that is expected to grow significantly in the coming years. Market research report published in 2031, the global automotive fastener market was valued at approximately $** billion in 2018 and is expected to reach a value of around $** billion by 2031, at a CAGR of around **% during the forecast period (2018-2031).

There are several drivers that are contributing to the growth of the automotive fastener market, including the increasing demand for vehicles, the growth of the automotive industry, and the increasing use of advanced materials in the automotive industry. Other factors that are expected to drive the market include the increasing focus on safety and the growing demand for lightweight vehicles.

There are many players in the automotive fastener market, including major manufacturers such as Stanley Black & Decker, Inc., Arconic Inc., and Nifco Inc., as well as smaller specialty companies such as FK Irons and Tri-Star Industries. These companies offer a wide range of fastener products for different applications in the automotive industry, including engine fasteners, body fasteners, and drivetrain fasteners.