Global Automotive Fastener Market 2020: COVID-19 Impact Analysis and Industry Forecast Report, 2027
The global Automotive Fastener Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027. Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the automotive fastener market include Sundram Fasteners Limited, ITW, LISI Group, Shanghai Prime Machinery Company Limited, Bulten Ab, Stanley Black & Decker, SFS Group AG, Kamax, Meidoh Co. Ltd., Nipman Fasteners. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market Dynamics
Rising production and sales of automotive worldwide drive the demand for automotive fasteners. Mechanical advancements and enhancement in quality and sturdiness of fasteners and growing research on producing lightweight fasteners is another element anticipated to boost demand in the market. Increasing purchasing power, stringent vehicle emission & expiration norms, and the growing launch of new models propel the demand for more fasteners. The global automotive fasteners market is facing a downturn in recent years due to the increased use of adhesives in place of fasteners to reduce overall vehicle weight. However, economic slowdown and weakening of the supply chain are hampering market growth for the automotive fastener.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of automotive fastener. The growth and trends of automotive fastener industry provide a holistic approach to this study.
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Market Segmentation
This section of the automotive fastener market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Threaded
- Non-Threaded
- Adhesive
- Others
By Vehicle Type
- Passenger Cars
- Commercial Vehicles
- Propulsion
- IC Engine Vehicles
- Electric Vehicles
By Function Type
- Detachable
- Non-Detachable
By Material Type
- Steel
- Aluminum
- Brass
- Plastic
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Automotive Fastener market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
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