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Automotive Fasteners - Global Market Trajectory & Analytics

  • ID: 834993
  • Report
  • September 2020
  • Region: Global
  • 193 Pages
  • Global Industry Analysts, Inc
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Global Automotive Fasteners Market to Reach $23.9 Billion by 2027

Amid the COVID-19 crisis, the global market for Automotive Fasteners estimated at US$20.4 Billion in the year 2020, is projected to reach a revised size of US$23.9 Billion by 2027, growing at a CAGR of 2.3% over the analysis period 2020-2027. Removable, one of the segments analyzed in the report, is projected to record a 2.5% CAGR and reach US$11.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Permanent segment is readjusted to a revised 2.1% CAGR for the next 7-year period.

The U. S. Market is Estimated at $6 Billion, While China is Forecast to Grow at 2.1% CAGR

The Automotive Fasteners market in the U. S. is estimated at US$6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.3 Billion by the year 2027 trailing a CAGR of 2.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.1% and 1.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.4% CAGR.

Semi-Permanent Segment to Record 2% CAGR

In the global Semi-Permanent segment, USA, Canada, Japan, China and Europe will drive the 2.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$3.4 Billion in the year 2020 will reach a projected size of US$3.9 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.7 Billion by the year 2027. We bring years of research experience to this 15th edition of our report. The 193-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:
  • Acument® Global Technologies
  • ARaymond
  • Bulten AB
  • ContMid Group
  • Illinois Tool Works Inc.
  • LISI Automotive
  • NIFCO Inc.
  • Penn Engineering
  • Permanent Technologies Inc.
  • Rocknel Fastener Inc.
  • STANLEY Engineered Fastening
  • TR Fastenings
  • Westfield Fasteners Limited
Note: Product cover images may vary from those shown
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Fasteners: “Holding the Automotive Industry Together”
  • Recent Market Activity
  • Ubiquity of Fasteners in Automobile Design: A Review
  • Unmasking the Deceptive Simplicity of Fasteners
  • Modular Manufacturing & Production Platforms: The Cornerstone of Fastener Demand
  • Global Market Outlook
  • Asia-Pacific, the Largest Auto Production Hub, Dominates the Global Market
  • Global Competitor Market Shares
  • Automotive Fasteners Competitor Market Share Scenario Worldwide (in %): 2020 & 2029
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
  • Acument® Global Technologies (USA)
  • ARaymond (France)
  • Bulten AB (Sweden)
  • ContMid Group (USA)
  • Illinois Tool Works, Inc. (USA)
  • Koninklijke Nedschroef Holding N.V. (The Netherlands)
  • LISI Automotive (France)
  • NIFCO, Inc. (Japan)
  • Penn Engineering (USA)
  • Permanent Technologies, Inc. (USA)
  • Phillips Screw Company (USA)
  • Rocknel Fastener, Inc. (USA)
  • STANLEY Engineered Fastening (USA)
  • TR Fastenings (UK)
  • Westfield Fasteners Limited (UK)
3. MARKET TRENDS & DRIVERS
  • Rise in Vehicle Recalls Due to Fastener Failure Fuels Emphasis on Quality
  • OEM Migration from Standard Parts to Customized Parts Drives the Importance of Customized Fasteners
  • Changing Automotive Manufacturing Trends Impact Opportunities for Fasteners
  • Automotive Lightweighting Forces Smarter & Tougher Fastener Innovations
  • Lightweighting Benefits Spur the Commercial Value of Self-Tapping, Self Locking & Self Sealing Fasteners
  • Stable Automobile Production Fuels Growth Opportunities in the OEM Market
  • Rising Passenger Car Density & Aging Vehicles Spur Opportunities in the Repair & Maintenance Services Sector
  • As a Key Growth Driver of the Auto Industry, Expanding Middle Class Population in Developing Countries to Fuel Future Market Growth
  • Shape Memory Fasteners: The Future of Automotive Assembling
  • Metal Fasteners Continue to Reign
  • Plastic Fasteners Grow in Popularity
  • Acceptance of Adhesive Fasteners Casts a Long Shadow of Threat Over Mechanical Fasteners
  • GM's Breakthrough Steel-to-Aluminum Spot Welding Casts a Shadow Over Volume Growth of Fasteners
  • Remote Fastening Technology: The Focus Area for Future R&D
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: Automotive Fasteners Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
  • TABLE 2: Automotive Fasteners Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019
  • TABLE 3: Automotive Fasteners Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
  • TABLE 4: Removable (Type) World Market by Region/Country in US$ Million: 2020 to 2027
  • TABLE 5: Removable (Type) Historic Market Analysis by Region/Country in US$ Million: 2012 to 2019
  • TABLE 6: Removable (Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 7: Permanent (Type) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
  • TABLE 8: Permanent (Type) Historic Market Perspective by Region/Country in US$ Million: 2012 to 2019
  • TABLE 9: Permanent (Type) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
  • TABLE 10: Semi-Permanent (Type) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
  • TABLE 11: Semi-Permanent (Type) Region Wise Breakdown of Global Historic Demand in US$ Million: 2012 to 2019
  • TABLE 12: Semi-Permanent (Type) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
  • Market Facts & Figures
  • US Automotive Fasteners Market Share (in %) by Company: 2020 & 2025
  • Market Analytics
  • TABLE 13: United States Automotive Fasteners Market Estimates and Projections in US$ Million by Type: 2020 to 2027
  • TABLE 14: Automotive Fasteners Market in the United States by Type: A Historic Review in US$ Million for 2012-2019
  • TABLE 15: United States Automotive Fasteners Market Share Breakdown by Type: 2012 VS 2020 VS 2027
CANADA
  • TABLE 16: Canadian Automotive Fasteners Market Estimates and Forecasts in US$ Million by Type: 2020 to 2027
  • TABLE 17: Canadian Automotive Fasteners Historic Market Review by Type in US$ Million: 2012-2019
  • TABLE 18: Automotive Fasteners Market in Canada: Percentage Share Breakdown of Sales by Type for 2012, 2020, and 2027
JAPAN
  • TABLE 19: Japanese Market for Automotive Fasteners: Annual Sales Estimates and Projections in US$ Million by Type for the Period 2020-2027
  • TABLE 20: Automotive Fasteners Market in Japan: Historic Sales Analysis in US$ Million by Type for the Period 2012-2019
  • TABLE 21: Japanese Automotive Fasteners Market Share Analysis by Type: 2012 VS 2020 VS 2027
CHINA
  • TABLE 22: Chinese Automotive Fasteners Market Growth Prospects in US$ Million by Type for the Period 2020-2027
  • TABLE 23: Automotive Fasteners Historic Market Analysis in China in US$ Million by Type: 2012-2019
  • TABLE 24: Chinese Automotive Fasteners Market by Type: Percentage Breakdown of Sales for 2012, 2020, and 2027
EUROPE
  • Market Facts & Figures
  • European Automotive Fasteners Market: Competitor Market Share Scenario (in %) for 2020 & 2025
  • Market Analytics
  • TABLE 25: European Automotive Fasteners Market Demand Scenario in US$ Million by Region/Country: 2020-2027
  • TABLE 26: Automotive Fasteners Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2012-2019
  • TABLE 27: European Automotive Fasteners Market Share Shift by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 28: European Automotive Fasteners Market Estimates and Forecasts in US$ Million by Type: 2020-2027
  • TABLE 29: Automotive Fasteners Market in Europe in US$ Million by Type: A Historic Review for the Period 2012-2019
  • TABLE 30: European Automotive Fasteners Market Share Breakdown by Type: 2012 VS 2020 VS 2027
FRANCE
  • TABLE 31: Automotive Fasteners Market in France by Type: Estimates and Projections in US$ Million for the Period 2020-2027
  • TABLE 32: French Automotive Fasteners Historic Market Scenario in US$ Million by Type: 2012-2019
  • TABLE 33: French Automotive Fasteners Market Share Analysis by Type: 2012 VS 2020 VS 2027
GERMANY
  • TABLE 34: Automotive Fasteners Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Type for the Period 2020-2027
  • TABLE 35: German Automotive Fasteners Historic Market Analysis in US$ Million by Type: 2012-2019
  • TABLE 36: German Automotive Fasteners Market Share Breakdown by Type: 2012 VS 2020 VS 2027
ITALY
  • TABLE 37: Italian Automotive Fasteners Market Growth Prospects in US$ Million by Type for the Period 2020-2027
  • TABLE 38: Automotive Fasteners Historic Market Analysis in Italy in US$ Million by Type: 2012-2019
  • TABLE 39: Italian Automotive Fasteners Market by Type: Percentage Breakdown of Sales for 2012, 2020, and 2027
UNITED KINGDOM
  • TABLE 40: United Kingdom Market for Automotive Fasteners: Annual Sales Estimates and Projections in US$ Million by Type for the Period 2020-2027
  • TABLE 41: Automotive Fasteners Market in the United Kingdom: Historic Sales Analysis in US$ Million by Type for the Period 2012-2019
  • TABLE 42: United Kingdom Automotive Fasteners Market Share Analysis by Type: 2012 VS 2020 VS 2027
REST OF EUROPE
  • TABLE 43: Rest of Europe Automotive Fasteners Market Estimates and Forecasts in US$ Million by Type: 2020-2027
  • TABLE 44: Automotive Fasteners Market in Rest of Europe in US$ Million by Type: A Historic Review for the Period 2012-2019
  • TABLE 45: Rest of Europe Automotive Fasteners Market Share Breakdown by Type: 2012 VS 2020 VS 2027
ASIA-PACIFIC
  • TABLE 46: Automotive Fasteners Market in Asia-Pacific by Type: Estimates and Projections in US$ Million for the Period 2020-2027
  • TABLE 47: Asia-Pacific Automotive Fasteners Historic Market Scenario in US$ Million by Type: 2012-2019
  • TABLE 48: Asia-Pacific Automotive Fasteners Market Share Analysis by Type: 2012 VS 2020 VS 2027
REST OF WORLD
  • TABLE 49: Rest of World Automotive Fasteners Market Estimates and Forecasts in US$ Million by Type: 2020 to 2027
  • TABLE 50: Rest of World Automotive Fasteners Historic Market Review by Type in US$ Million: 2012-2019
  • TABLE 51: Automotive Fasteners Market in Rest of World: Percentage Share Breakdown of Sales by Type for 2012, 2020, and 2027
IV. COMPETITION
  • Total Companies Profiled: 106
Note: Product cover images may vary from those shown
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