Automotive Fasteners Market Report 2026

Automotive Fasteners Market Overview

• Automotive Fasteners market size has reached to $28.55 billion in 2025 • Expected to grow to $31.86 billion in 2030 at a compound annual growth rate (CAGR) of 2.2% • Growth Driver: Electric Vehicle Surge Driving Growth In Automotive Fasteners Market • Market Trend: Advancements In High-Performance Plastic Fasteners For Automotive Applications • Asia-Pacific was the largest region and fastest growing region.

What Is Covered Under Automotive Fasteners Market?

Automotive fasteners are components used in vehicle manufacturing to securely join different parts, such as engine components, body panels, and interior assemblies. They include bolts, nuts, screws, clips, and rivets, ensuring structural integrity, safety, and durability. The main products of automotive fasteners are threaded and non-threaded. The threaded automotive fasteners include nuts, bolts, and screws that are used to hold automotive parts together. The automotive fasteners are made with iron, steel, aluminum, brass, plastic, and other material types. The types of engines by propulsion include IC engine vehicles, electric vehicles, and hybrid and alternative fuel vehicles and they are used in numerous applications such as engine, chassis, transmission, steering, front or rear axle, interior trim, and others.

What Is The Automotive Fasteners Market Growth Forecast?

The automotive fasteners market size is expected to see steady growth in the next few years. It will grow to $31.86 billion in 2030 at a compound annual growth rate (CAGR) of 2.2%. The growth in the forecast period can be attributed to increasing production of electric and hybrid vehicles, rising demand for aluminum and composite fasteners, expansion of automated vehicle assembly lines, growing focus on vehicle lightweighting, increasing adoption of advanced fastening technologies. Major trends in the forecast period include increasing demand for lightweight fastening solutions, rising adoption of high-strength and corrosion-resistant fasteners, growing use of fasteners for electric vehicle platforms, expansion of precision fastening in automotive assembly, enhanced focus on vibration-resistant designs.

What Is The Driver Of The Automotive Fasteners Market?

The increasing demand for electric vehicles is expected to propel the growth of the automotive fasteners market going forward. Electric vehicles refer to vehicles that have been either partially or fully powered by electricity. EV general infrastructure equipment and battery casings require high-quality fastenings to provide security settings. For instance, in April 2024, according to the International Energy Agency (IEA), a France-based autonomous intergovernmental organization, nearly 14 million new electric cars were registered globally in 2023. Electric car sales in 2023 rose by 3.5 million units compared to 2022, reflecting a 35% year-on-year growth. Therefore, the rise of electric vehicles will drive the growth of the automotive fasteners industry.

Key Players In The Global Automotive Fasteners Market

Major companies operating in the automotive fasteners market are Illinois Tool Works Inc, KAMAX Holding GmbH & Co. KG, Lisi S.A., Stanley Black & Decker, Bulten AB, Nifco Inc, PennEngineering, Sundram Fasteners Limited, The SFS Group AG, Agrati, KOVA Fasteners Pvt. Ltd., Deepak Fasteners Limited (DFL), TorqBolt Inc., Jyoti Engineering (Jyoti), Boltport Fasteners (BPF), Ananka Fasteners Manufacturers, Yijin Hardware Co., Ltd, Shanghai Jianxin Hardware Co., Ltd, Handan Zhongpin Fasteners Manufacturing Co., Ltd, Tianjin Fine Fasteners Co., Ltd, GWR Fasteners Limited, Kebrell Nuts & Bolts Ltd, FASTENEX, S.L., Rivit s.r.l., Coba Automotive Rus LLC, Nedschroef, Fastener SRL, BULONERA BAF SRL, AI-Rashed Fasteners, Prince Fasteners Manufacturing Co Ltd, Asia Bolts Industries LLC, EJOT Middle East, TripleFast Middle East, Phillips screw company, Westfield Fasteners Limited

Global Automotive Fasteners Market Trends and Insights

Major companies operating in the automotive fasteners market are focusing on technological advancements, such as high-performance plastic screws, to meet the rising demand for lightweight, durable, and reliable fastening solutions in automotive components and electric vehicle assemblies. High-performance plastic screws are fastening devices made from engineered polymers designed to offer superior strength, chemical resistance, and thermal stability compared with conventional plastic fasteners. Unlike traditional metal screws, these screws are lightweight, non-corrosive, and can maintain performance under high-stress or high-temperature conditions, making them ideal for modern automotive applications where weight reduction and durability are critical. For instance, in April 2024, TR Fastenings Ltd, a UK-based manufacturer of fastening solutions, launched the Plas-Tech 30-20 screws, an innovative addition to their Plas-Tech range, developed by their global engineering teams. The Plas-Tech 30-20 screws feature an optimized thread profile for enhanced performance across a variety of plastics, provide superior fixation strength by displacing material during installation, and support bespoke engineering solutions for diverse automotive and industrial applications, offering improved reliability and efficiency compared with conventional plastic fasteners.

What Are Latest Mergers And Acquisitions In The Automotive Fasteners Market?

In June 2024, Novastone Capital, a Switzerland-based investment firm, acquired Mecavit for an undisclosed amount. The aim of the acquisition is to invest in the company while maintaining its legacy of quality and reliability in fastener manufacturing, particularly for the automotive industry. Mecavit is an Italy-based manufacturer of fasteners that specializes in special fasteners, particularly screws made from carbon steel and hardened steels.

What Defines the Automotive Fasteners Market?

The automotive fasteners market consists of sales of nuts, washers, concrete anchors, threaded rods, bolt, rivets, screws, and retaining rings. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Automotive Fasteners Market Report 2026?

The automotive fasteners market research report is one of a series of new reports from The Business Research Company that provides market statistics, including Market Report 2026?global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the automotive fasteners Market Report 2026? The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the Market Report 2026?