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(EMAILWIRE.COM, December 08, 2018 )
Stratview Research announces the launch of a new research report Automotive Fastener Market. extensive report from Stratview Research, studies Automotive Fastener Market over the trend period of 2013 to 2018 and forecast period of 2019 to 2024. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
This Automotive Fastener Market analysis has been segmented in nine ways, keeping in mind the interest of all the stakeholders across the value chain.
• by Product Type (Threaded Fastener, Non-Threaded Fastener)
• by Characteristic Type (Removable Fastener, Permanent Fastener and Semi-Permanent Fastener) -Removable fasteners lead the fasteners market in the automotive industry.
• by Vehicle Type (Passenger Car, Light Commercial Vehicle, and Medium & Heavy commercial Vehicle) - Passenger Car segment is expected to remain the largest segment.
• by Fastener Type (Bolts, Screws, Nuts, Rivets, Others)
• by Material Type (Stainless Steel Fasteners, Plastic Fasteners, Aluminum Fasteners, Iron Fasteners, Bronze Fasteners, Brass Fasteners, Nickel Fasteners)
• by Coating Type (Zinc Coating, Passive Coating, Cadmium Coating, Dry Film Lube Coating, Others)
• by Application Type (Engine, Chassis, Interior Trim, Front/Rear Axle, Steering, Transmission, Other) - Interior trim is expected to be the fastest-growing segment.
• by End-User Type (OEM, Aftermarket)
• by Region (North America, Europe, Asia-Pacific, Rest of the World) - Asia-Pacific currently dominates the automotive fasteners market.
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Automotive Fastener Market Insights
Fasteners are used in a wide array of applications out of whcih the automotive industry is undoubtedly one of the largest segments. The market for fasteners in the automotive industry seems resilient and is likely to witness a healthy CAGR of 3.2% during the forecast period. Increasing automobile production across regions, especially in Asia-Pacific and Eastern Europe and increasing demand for electric and alternative powertrain vehicles are the major driving factors of the fasteners market in the automotive industry.
Some of the major automotive fastener manufacturers are Illinois Tool Works Inc., LISI Group, Shanghai Prime Machinery Company Limited, Bulten AB, Stanley Black & Decker, Inc., The SFS Group AG, Meidoh Co. Ltd., NIPMAN Automotive Solutions, The Würth Group, Piolax Inc., Westfield Fasteners Limited, Nifco Group, and Boltun Corporation. The development of lightweight fasteners and proximity to major clients are some of the major strategies of the key players in order to remain competitive in the market.
About Stratview Research
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Stratview Research
Ritesh Gandecha
+1-313-307-4176
sales@stratviewresearch.com
Source: EmailWire.Com 
Source: EmailWire.com
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