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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?
For any questions related to Automotive Plastic Fasteners Market, Automotive Plastic Fasteners Market Size, Automotive Plastic Fasteners Market Growth, Automotive Plastic Fasteners Market Analysis, Automotive Plastic Fasteners Market Report, Automotive Plastic Fasteners Market Share, Automotive Plastic Fasteners Market Trends, Automotive Plastic Fasteners Market Forecast, Automotive Plastic Fasteners Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Automotive Plastic Fasteners Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Automotive Plastic Fasteners Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Automotive Plastic Fasteners Market by Vehicle Type
3.3.1: Passenger cars
3.3.2: LCVs
3.4: Global Automotive Plastic Fasteners Market by Function
3.4.1: Bonding
3.4.2: NVH
3.5: Global Automotive Plastic Fasteners Market by Application
3.5.1: Interior
3.5.2: Exterior
3.5.3: Electronics
3.5.4: Powertrain
3.5.5: Chassis
3.5.6: Wire harnessing
3.5.7: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Automotive Plastic Fasteners Market by Region
4.2: North American Automotive Plastic Fasteners Market
4.2.3: North American Automotive Plastic Fasteners Market by Application: Interior, Exterior, Electronics, Powertrain, Chassis, Wire harnessing, and Others
4.3: European Automotive Plastic Fasteners Market
4.3.1: European Automotive Plastic Fasteners Market by Vehicle Type: Passenger cars and LCVs
4.3.3: European Automotive Plastic Fasteners Market by Application: Interior, Exterior, Electronics, Powertrain, Chassis, Wire harnessing, and Others
4.4: APAC Automotive Plastic Fasteners Market
4.4.1: APAC Automotive Plastic Fasteners Market by Vehicle Type: Passenger cars and LCVs
4.4.3: APAC Automotive Plastic Fasteners Market by Application: Interior, Exterior, Electronics, Powertrain, Chassis, Wire harnessing, and Others
4.5: ROW Automotive Plastic Fasteners Market
4.5.1: ROW Automotive Plastic Fasteners Market by Vehicle Type: Passenger cars and LCVs
4.5.3: ROW Automotive Plastic Fasteners Market by Application: Interior, Exterior, Electronics, Powertrain, Chassis, Wire harnessing, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Automotive Plastic Fasteners Market by Vehicle Type
6.1.2: Growth Opportunities for the Global Automotive Plastic Fasteners Market by Function
6.1.3: Growth Opportunities for the Global Automotive Plastic Fasteners Market by Application
6.1.4: Growth Opportunities for the Global Automotive Plastic Fasteners Market by Region
6.2: Emerging Trends in the Global Automotive Plastic Fasteners Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Automotive Plastic Fasteners Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Automotive Plastic Fasteners Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Stanley Black & Decker
7.2: Nippon
7.3: Illinois Tool Works
7.4: Shanghai Fasteners Company
7.5: Dennison
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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