COVID-19 Impact Analysis on Automotive Fastener Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2020-2028. The report encompasses data regarding market share and recent developments by key players. Moreover, this market report also covers regional and country markets in detail.

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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