Product Code: ETC4575182 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The United States Automotive Fastener Market is a crucial segment of the automotive industry, encompassing a wide range of fastening products such as nuts, bolts, screws, and rivets utilized in vehicle assembly and repair. The market is driven by factors including the growing automotive production and sales in the US, technological advancements leading to lightweight and high-performance fasteners, and increasing focus on vehicle safety and quality. Key players in the market include Illinois Tool Works Inc., Sundram Fasteners Ltd., and Stanley Black & Decker, Inc. The market is witnessing a trend towards the adoption of specialized fasteners to meet the demands of electric and autonomous vehicles. Additionally, sustainability initiatives and the shift towards electric vehicles are expected to shape the future of the US Automotive Fastener Market.
The US Automotive Fastener Market is experiencing several key trends and opportunities. The growing demand for lightweight vehicles to improve fuel efficiency is driving the adoption of advanced lightweight fasteners made from materials like aluminum and titanium. Additionally, the increasing focus on electric vehicles and autonomous driving technology is creating opportunities for fasteners that can withstand higher temperatures and vibrations. Market players are also investing in research and development to enhance the performance and durability of fasteners, as well as exploring innovations such as smart fasteners with built-in sensors for real-time monitoring. With the automotive industry evolving rapidly, there is a growing need for fasteners that can meet the stringent safety and performance requirements of modern vehicles, presenting a promising outlook for the US Automotive Fastener Market.
In the US Automotive Fastener Market, some of the key challenges include intense competition among market players, fluctuating raw material prices, and the need to meet stringent quality and safety standards set by automotive manufacturers. The market is highly fragmented with numerous suppliers offering similar products, leading to price pressures and margin erosion. Additionally, the volatility in raw material costs, such as steel and aluminum, can impact the profitability of fastener manufacturers. Moreover, as automotive technology advances, fastener suppliers must continuously innovate to provide lightweight, durable, and efficient solutions while ensuring compliance with strict industry regulations. Overall, staying competitive in the US Automotive Fastener Market requires companies to navigate these challenges effectively through innovation, cost management, and maintaining strong relationships with automotive OEMs.
The United States Automotive Fastener Market is primarily driven by the growth in the automotive industry, as the production of vehicles continues to rise. The increasing demand for lightweight vehicles to improve fuel efficiency has led to the adoption of advanced fastening solutions. Technological advancements in fastener materials and designs are also driving the market growth, as manufacturers look for more efficient and durable fastening solutions. Additionally, stringent regulations regarding vehicle safety and emissions have increased the focus on high-quality fasteners to ensure the structural integrity of vehicles. The trend towards electric and autonomous vehicles further fuels the demand for specialized fasteners to meet the unique requirements of these vehicles. Overall, the US Automotive Fastener Market is driven by the combination of industry growth, technological advancements, regulatory requirements, and evolving automotive trends.
Government policies related to the US Automotive Fastener Market primarily focus on safety, emissions standards, and trade agreements. The National Highway Traffic Safety Administration (NHTSA) sets regulations for automotive safety, including requirements for fasteners to ensure vehicle components are securely attached. Additionally, the Environmental Protection Agency (EPA) mandates emissions standards that affect the materials and manufacturing processes used in automotive fasteners to reduce environmental impact. Trade agreements, such as the United States-Mexico-Canada Agreement (USMCA), impact the supply chain for automotive fasteners by outlining rules for sourcing materials and components. Overall, government policies play a crucial role in shaping the regulatory environment for the US Automotive Fastener Market, influencing product quality, manufacturing practices, and international trade relationships.
The United States Automotive Fastener Market is expected to witness steady growth in the coming years due to factors such as increasing vehicle production, technological advancements in fastener materials, and the growing trend towards lightweight vehicles. The market is also likely to benefit from the rising demand for electric vehicles, which require specialized fastening solutions. Additionally, the emphasis on fuel efficiency and safety in vehicles is expected to drive the demand for high-performance fasteners in the automotive industry. However, the market may face challenges such as fluctuating raw material prices and intense competition among key players. Overall, the US Automotive Fastener Market is projected to experience moderate growth in the foreseeable future, with opportunities for innovation and strategic partnerships shaping the industry landscape.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United States (US) Automotive Fastener Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Automotive Fastener Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) Automotive Fastener Market - Industry Life Cycle |
3.4 United States (US) Automotive Fastener Market - Porter's Five Forces |
3.5 United States (US) Automotive Fastener Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 United States (US) Automotive Fastener Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 United States (US) Automotive Fastener Market Revenues & Volume Share, By Characteristics, 2021 & 2031F |
3.8 United States (US) Automotive Fastener Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.9 United States (US) Automotive Fastener Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.10 United States (US) Automotive Fastener Market Revenues & Volume Share, By Electric Vehicle Type, 2021 & 2031F |
4 United States (US) Automotive Fastener Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing vehicle production in the United States |
4.2.2 Growing demand for lightweight and fuel-efficient vehicles |
4.2.3 Technological advancements in automotive fasteners to improve performance and safety |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition among market players leading to pricing pressures |
4.3.3 Impact of economic fluctuations on consumer spending and automotive industry growth |
5 United States (US) Automotive Fastener Market Trends |
6 United States (US) Automotive Fastener Market, By Types |
6.1 United States (US) Automotive Fastener Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Automotive Fastener Market Revenues & Volume, By Product, 2021 - 2031F |
6.1.3 United States (US) Automotive Fastener Market Revenues & Volume, By Threaded, 2021 - 2031F |
6.1.4 United States (US) Automotive Fastener Market Revenues & Volume, By Non-Threaded, 2021 - 2031F |
6.2 United States (US) Automotive Fastener Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Automotive Fastener Market Revenues & Volume, By Engine, 2021 - 2031F |
6.2.3 United States (US) Automotive Fastener Market Revenues & Volume, By Chassis, 2021 - 2031F |
6.2.4 United States (US) Automotive Fastener Market Revenues & Volume, By Transmission, 2021 - 2031F |
6.2.5 United States (US) Automotive Fastener Market Revenues & Volume, By Steering, 2021 - 2031F |
6.2.6 United States (US) Automotive Fastener Market Revenues & Volume, By Front/rear axle, 2021 - 2031F |
6.2.7 United States (US) Automotive Fastener Market Revenues & Volume, By Interior trim, 2021 - 2031F |
6.3 United States (US) Automotive Fastener Market, By Characteristics |
6.3.1 Overview and Analysis |
6.3.2 United States (US) Automotive Fastener Market Revenues & Volume, By Removable Fasteners, 2021 - 2031F |
6.3.3 United States (US) Automotive Fastener Market Revenues & Volume, By Permanent Fasteners, 2021 - 2031F |
6.3.4 United States (US) Automotive Fastener Market Revenues & Volume, By Semi-Permanent Fasteners, 2021 - 2031F |
6.4 United States (US) Automotive Fastener Market, By Material Type |
6.4.1 Overview and Analysis |
6.4.2 United States (US) Automotive Fastener Market Revenues & Volume, By Stainless Steel, 2021 - 2031F |
6.4.3 United States (US) Automotive Fastener Market Revenues & Volume, By Iron, 2021 - 2031F |
6.4.4 United States (US) Automotive Fastener Market Revenues & Volume, By Bronze, 2021 - 2031F |
6.4.5 United States (US) Automotive Fastener Market Revenues & Volume, By Nickel, 2021 - 2031F |
6.4.6 United States (US) Automotive Fastener Market Revenues & Volume, By Aluminum, 2021 - 2031F |
6.4.7 United States (US) Automotive Fastener Market Revenues & Volume, By Brass, 2021 - 2031F |
6.5 United States (US) Automotive Fastener Market, By Vehicle Type |
6.5.1 Overview and Analysis |
6.5.2 United States (US) Automotive Fastener Market Revenues & Volume, By Passenger Car (PC), 2021 - 2031F |
6.5.3 United States (US) Automotive Fastener Market Revenues & Volume, By Light Commercial Vehicle (LCV), 2021 - 2031F |
6.5.4 United States (US) Automotive Fastener Market Revenues & Volume, By Heavy Commercial Vehicle (HCV), 2021 - 2031F |
6.6 United States (US) Automotive Fastener Market, By Electric Vehicle Type |
6.6.1 Overview and Analysis |
6.6.2 United States (US) Automotive Fastener Market Revenues & Volume, By Battery Electric Vehicle (BEV), 2021 - 2031F |
6.6.3 United States (US) Automotive Fastener Market Revenues & Volume, By Hybrid Electric Vehicle (HEV), 2021 - 2031F |
6.6.4 United States (US) Automotive Fastener Market Revenues & Volume, By Plug-in Hybrid Electric Vehicle (PHEV), 2021 - 2031F |
7 United States (US) Automotive Fastener Market Import-Export Trade Statistics |
7.1 United States (US) Automotive Fastener Market Export to Major Countries |
7.2 United States (US) Automotive Fastener Market Imports from Major Countries |
8 United States (US) Automotive Fastener Market Key Performance Indicators |
8.1 Adoption rate of advanced fastening technologies in the automotive industry |
8.2 Number of patents filed for innovative automotive fastener designs |
8.3 Percentage of automotive manufacturers using sustainable and recyclable fastener materials |
9 United States (US) Automotive Fastener Market - Opportunity Assessment |
9.1 United States (US) Automotive Fastener Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 United States (US) Automotive Fastener Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 United States (US) Automotive Fastener Market Opportunity Assessment, By Characteristics, 2021 & 2031F |
9.4 United States (US) Automotive Fastener Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.5 United States (US) Automotive Fastener Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.6 United States (US) Automotive Fastener Market Opportunity Assessment, By Electric Vehicle Type, 2021 & 2031F |
10 United States (US) Automotive Fastener Market - Competitive Landscape |
10.1 United States (US) Automotive Fastener Market Revenue Share, By Companies, 2024 |
10.2 United States (US) Automotive Fastener Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |