Automotive Plastic Fasteners Market Report: Trends, Forecast and Competitive Analysis to 2030

Automotive Plastic Fasteners Trends and Forecast

The future of the global automotive plastic fasteners market looks promising with opportunities in the interior, exterior, electronics, powertrain, chassis, and wire harnessing markets. The global automotive plastic fasteners market is expected to grow with a CAGR of 4.6% from 2024 to 2030. The major drivers for this market are rising demand for high-efficiency cars with excellent performance and high demand for lightweight automotive components.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Automotive Plastic Fasteners by Segment

The study includes a forecast for the global automotive plastic fasteners by vehicle type, function, application, and region.

Automotive Plastic Fasteners Market by Vehicle Type [Shipment Analysis by Value from 2018 to 2030]:

• Passenger Cars
• LCVs

Automotive Plastic Fasteners Market by Function [Shipment Analysis by Value from 2018 to 2030]:

• Bonding
• NVH

Automotive Plastic Fasteners Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Interior
• Exterior
• Electronics
• Powertrain
• Chassis
• Wire Harnessing
• Others

Automotive Plastic Fasteners Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Automotive Plastic Fasteners Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies automotive plastic fasteners companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automotive plastic fasteners companies profiled in this report include-

• Stanley Black & Decker
• Nippon
• Illinois Tool Works
• Shanghai Fasteners Company
• Dennison

Automotive Plastic Fasteners Market Insights

Lucintel forecasts that passenger cars is expected to witness the higher growth over the forecast period due to largest production and increasing usage of the product to bind wire harnessing and car interior parts.

Within this market, wire harnessing is expected to witness the highest growth due to rising demand for plastic ties and clips to fasten wires into organized bundles.

APAC is expected to witness highest growth over the forecast period due to largest automotive manufacturing.

Features of the Global Automotive Plastic Fasteners Market

Market Size Estimates: Automotive plastic fasteners market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Automotive plastic fasteners market size by vehicle type, function, application, and region in terms of value ($B).

Regional Analysis: Automotive plastic fasteners market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different vehicle type, function, application, and regions for the automotive plastic fasteners market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the automotive plastic fasteners market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the growth forecast for automotive plastic fasteners market?

Answer: The global automotive plastic fasteners market is expected to grow with a CAGR of 4.6% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the automotive plastic fasteners market?

Answer: The major drivers for this market are rising demand for high-efficiency cars with excellent performance and high demand for lightweight automotive components.

Q3. What are the major segments for automotive plastic fasteners market?

Answer: The future of the automotive plastic fasteners market looks promising with opportunities in the interior, exterior, electronics, powertrain, chassis, and wire harnessing markets.

Q4. Who are the key automotive plastic fasteners market companies?

Answer: Some of the key automotive plastic fasteners companies are as follows:

• Stanley Black & Decker
• Nippon
• Illinois Tool Works
• Shanghai Fasteners Company
• Dennison

Q5. Which automotive plastic fasteners market segment will be the largest in future?

Answer: Lucintel forecasts that passenger cars is expected to witness the higher growth over the forecast period due to largest production and increasing usage of the product to bind wire harnessing and car interior parts.

Q6. In automotive plastic fasteners market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to largest automotive manufacturing.

Q7. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the automotive plastic fasteners market by vehicle type (passenger cars and LCV), function (bonding and NVH), application (interior, exterior, electronics, powertrain, chassis, wire harnessing, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?