Automotive Plastic Fasteners Market

Automotive Plastic Fasteners Market Size, Share, Growth Analysis, By Application(Interior, Exterior, Electronics, Powertrain), By Function(Bonding, NVH), By Vehicle Type(Passenger Cars, Light Commercial Vehicles), By Region(North America, Europe, Asia Pacific, Latin America) - Industry Forecast 2025-2032


Report ID: UCMIG25AG2016 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Automotive Plastic Fasteners Market Insights

Market Overview:

The plastic fasteners market in the automotive industry was valued at USD 2.18 billion in 2016 and is expected to grow substantially due to the benefits of lightweight and cost-effective plastic fasteners, along with technological advancements to enhance their mechanical strength. Major companies in the market have established long-term contracts with automotive manufacturers for specialized product designs, giving them a competitive advantage over smaller manufacturers. However, there are opportunities for new players in the market to introduce innovative product designs.

Automotive Plastic Fasteners Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Automotive Retail by segment aggregation, the contribution of the Automotive Retail in Retailing and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Automotive Plastic Fasteners was estimated to be valued at US$ XX Mn in 2021.

The Automotive Plastic Fasteners Market is estimated to grow at a CAGR of XX% by 2028.

The Automotive Plastic Fasteners Market is segmented on the basis of Application, Function, Vehicle Type, Region.

Based on region, the Automotive Plastic Fasteners Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Automotive Plastic Fasteners Market are , Illinois Tool Works Inc. (ITW) , Nifco Inc. , ARaymond , Stanley Black & Decker, Inc. , Avery Dennison Corporation , Precision Castparts Corp. (PCC) , TR Fastenings Ltd. , Mar-Bal, Inc. , H. Paulin & Co. Ltd. , TR Fastenings Ltd.

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Automotive Plastic Fasteners Market

Report ID: UCMIG25AG2016

$5,300
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