09 November 2020
Visiongain’s new report the Automotive Fastener Market Report 2020-2030: Forecasts by Characteristics (Removable Fasteners, Permanent Fasteners, Semi-Permanent Fasteners), by Application (Engine, Transmission, Chassis, Steering, and Others), by Vehicle Type (Passenger Cars and Commercial Vehicle), by Region, Country and Profiles of Leading Companies.
The lead analyst of the report said: "The automotive fastener market is primarily witnessing advancement and innovation in manufacturing materials to strengthen the vehicle quality. The next ten years will see the upsurge demand of automotive fastener.
The automotive fastener is used for interconnecting the one part of the vehicle to the other part of the vehicle. The main function of the automotive fastener is to unite the vehicle components and prevent the leakage of joints and separation of parts. The automotive fasteners are made up of various materials which include stainless steel, bronze, aluminum, plastic, iron, and others. The automotive fasteners are designed according to the specific requirement of the end user.
Growing automotive aftermarket industry, increase in demand for an automotive fastener in various applications, stringent government regulations for automotive OEMs regarding vehicle safety, increase in production and sales of vehicles, increase in focus of automotive OEMs towards the vehicle durability and safety are the key factors which drive the growth of automotive fastener market during the forecast period. Increase in replacement of fasteners, growing sales of vehicles, increase in number of service centers and repair shops, and growing consumer preference for the maintenance of the vehicle further expected to increase the opportunities for the manufacturers during the forecast period.
The XX page report contains 127 tables and 276 graphs that add visual analysis in order to explain developing trends within the automotive fastener market. Visiongain reports showcased a growth of $ XX bn during the forecast period 2020-2030 for the automotive fastener submarkets, namely by characteristics, application, and vehicle type.
The XX page report offers market forecasts and analysis for 24 leading national markets and the rest of the world market. In addition, the report contains a dedicated leading companies’ chapter covering more than 15 companies leading the field in automotive fastener.
Profiles of Leading Companies Involved In Automotive Fastener
• Sundram Fasteners Limited
• LISI Group
• Bulten Ab
• SFS Group AG
• Stanley Black & Decker
• WÜRTH GROUP
• Westfield Fasteners Limited
• Fontana Gruppo
• Shanghai Prime Machinery Company Limited
• Stanley Black & Decker
• Nipman Fasteners
• CHANGSHU CITY STANDARD PARTS FACTORY
The global automotive fastener market 2020-2030 report will be of value to anyone who wants to better understand the automotive fastener market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the automotive fastener industry.
Notes for Editors
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