Automotive Fastener Market Size, Share, Analysis by 2025 Automotive Fastener Market Size, Share, Analysis b | Page 3

The removable fastener segment, by characteristics, is estimated to be the largest
segment in the automotive fastener market
Removable automotive fasteners enable the parts to be disconnected readily without any
damage. These fasteners contribute the maximum share in the total number of fasteners
used in an automobile. Removable automotive fasteners such as nuts, bolts, and studs
can be installed and removed easily with the help of hand tools or power tools. These
types of fasteners have a long life and can be used multiple times. The penetration of
removable fastener in automobiles is high due to its properties.
The plastic fastener segment, by material type, is estimated to be the fastest
growing segment of the automotive fastener market
The market for plastic fastener is estimated to have the highest growth due to the
increasing need to reduce vehicle weight. The increasing demand for automobile weight
reduction and fuel efficiency will reduce the use of metals such as stainless steel and iron
and will increase the use of lightweight materials like plastic, which are the growth drivers
for the plastic fastener segment in future.
To speak to our analyst for a discussion on the above findings, click Speak to Analyst