The global automotive fasteners market is projected to grow from USD 30,756.4 million in 2025 to USD 51,548.9 million by 2035, reflecting a CAGR of 5.3% over the forecast period. This growth is being driven by rising vehicle production volumes, the shift toward lightweight vehicle platforms, and increasing demand for component-level modular assembly. As of 2020, the market had already reached USD 23,757.1 million, demonstrating consistent long-term growth.
In 2024, TR Fastenings expanded its polymer-based fastener portfolio with the Plas-Tech 30-20 product launch. This new solution was engineered to support lightweighting in electric vehicles (EVs) by replacing traditional metal fasteners in non-load-bearing applications. As stated in the company’s press release, the product features a dual-locking mechanism and heat resistance up to 150°C. These characteristics were specifically developed to meet OEM requirements in battery housing, interior trim, and electronic module assemblies.
Bossard Group introduced next-generation fastening technologies tailored for high-vibration and safety-critical areas in automotive assemblies. The company highlighted in its 2024 update that smart torque control and sensor-integrated bolts were being developed to provide real-time data on joint integrity during vehicle operation. These innovations have been adopted by Tier-1 suppliers involved in EV drivetrain and structural module production.
PEM® (PennEngineering) continued its focus on clinch fasteners and precision-insertion systems for aluminum and composite panels. The company’s 2024 catalog emphasized the growing use of PEM® self-clinching nuts, studs, and standoffs across EV body-in-white and infotainment applications. Designed to optimize force distribution and minimize distortion in thinner panels, these fasteners have been adopted in electric SUV and crossover segments.
The adoption of multifunctional fasteners capable of reducing assembly time and improving structural integrity is expected to grow. Digital thread integration, automated installation systems, and sustainability in raw material selection are being prioritized by OEMs and fastener manufacturers alike.
With advancements in vehicle architecture and materials, the automotive fasteners market is positioned for continued innovation and strong demand across traditional and electric vehicle production ecosystems through 2035.
| Attributes | Key Insights |
|---|---|
| Market Value, 2025 | USD 30,756.4 million |
| Market Value, 2035 | USD 51,548.9 million |
| Value CAGR (2025 to 2035) | 5.3% |
The table below presents the annual growth rates of the global automotive fastener market from 2025 to 2035. With a base year of 2024 extending to 2025, the report explores how the market's growth trajectory develops from the first half of the year (January to June, H1) to the second half (July to December, H2). This analysis offers stakeholders a comprehensive view of the industry’s performance, focusing on key developments and shifts that may shape the market moving forward.
The market is expected to grow at a CAGR of 5.3% from 2025 to 2035. In H2, the growth rate is anticipated to increase slightly.
| Particular | Value CAGR |
|---|---|
| H1 2024 | 5.0% (2024 to 2034) |
| H2 2024 | 5.2% (2024 to 2034) |
| H1 2025 | 5.3% (2025 to 2035) |
| H2 2025 | 5.5% (2025 to 2035) |
From H1 2025 to H2 2025, the CAGR is expected to show a modest increase, moving from 5.3% in the first half to 5.5% in the second half. In H1, the sector is expected to see an increase of 30 BPS, with a further 30 BPS rise in the second half. This semi-annual update highlights the automotive fasteners market's growth potential, driven by technological innovations and increased demand for lightweight, durable materials.
Semi-permanent products accounted for 43% of the global market share in 2025 and are expected to grow at a CAGR of 5.6% through 2035. The segment’s performance was supported by demand across industrial and commercial installations where components needed to be periodically removed for inspection, repair, or relocation.
In 2025, applications in machinery housings, enclosures, and structural joints favored semi-permanent designs that provided secure fastening without permanent bonding. These solutions were particularly relevant in sectors such as automotive assembly, HVAC systems, and modular construction, where repeated disassembly without material degradation was required.
Manufacturers introduced corrosion-resistant materials and tamper-resistant designs to meet industry-specific durability standards. The use of semi-permanent solutions also aligned with circularity initiatives in industrial design, promoting component recovery and reuse.
Threaded variants held 61% of the global market in 2025 and are projected to grow at a CAGR of 5.7% through 2035. Their dominance was attributed to widespread use in fastening, joining, and load-bearing assemblies across mechanical, electrical, and structural applications. In 2025, industries such as construction, automotive, aerospace, and general engineering relied on threaded components for torque-based securement and adjustability.
Products such as bolts, screws, and threaded inserts were selected for their compatibility with metal and composite substrates, and their ability to withstand vibration and dynamic loads. Precision threading and anti-loosening coatings were adopted to meet evolving performance requirements in critical infrastructure and equipment. Regional manufacturing hubs in China, Germany, and the USA expanded threaded product capacity to meet demand from OEMs and aftermarket distributors.
Growing vehicle production is boosting sales of automotive fasteners
Growing global vehicle production, which reached 93 million units in 2023, is significantly driving the demand for automotive fasteners. These components are essential for vehicle assembly, ensuring structural stability and safety in both traditional and electric vehicles (EVs).
The industry's shift toward lightweight materials, such as aluminum and carbon fiber, has spurred the development of advanced fasteners made from high-strength alloys. These materials help reduce vehicle weight while maintaining durability and safety standards. Moreover, electric vehicles, with their complex battery systems, require specialized fasteners designed for thermal management, vibration resistance, and high-voltage safety.
In response to growing demand, manufacturers are adopting automated production technologies, including robotic assembly systems, to enhance precision and scalability. Additionally, research into corrosion-resistant coatings and sustainable fasteners is gaining traction, reflecting the industry’s push for innovation and long-term performance.
Expansion of Automotive Manufacturing Plants Fuels Growth in Fastener Market
The expansion of automotive manufacturing plants has a direct impact on the fastener market. As car manufacturers ramp up production, especially with the shift towards electric and autonomous vehicles, the demand for fasteners has significantly increased. For example, Hyundai Motor Group’s new facility in Georgia aims to produce 300,000 electric vehicles annually, creating substantial demand for automotive fasteners.
In terms of usage, an average vehicle consists of 2,000 to 3,000 fasteners, with each fastener playing a critical role in ensuring structural integrity and safety. These fasteners are used in critical components such as the engine, body panels, exhaust systems, and suspension.
Additionally, as vehicles become more complex, there is a growing need for specialized fasteners. This includes high-performance materials like aluminum alloys and stainless steel to meet the strength and weight requirements of modern designs. This trend is particularly evident in electric vehicles, where lightweight, high-strength fasteners are crucial to enhance efficiency and range.
Thriving Service & Repair Centers Accelerate Growth in Automotive Fastener Market
The thriving automotive service and repair industry is accelerating growth in the automotive fastener market. In the USA, there are approximately 176,000 automotive repair centers, contributing to a consistent demand for fasteners used in maintenance and repairs. As vehicles age, the need for repair services grows, leading to an increased need for fasteners like bolts, nuts, screws, and washers.
Service centers help fuel this demand by performing routine maintenance, part replacements, and extensive repairs on engines, body panels, and transmission systems. These services rely heavily on fasteners for secure assembly and efficient functioning of components. For instance, routine brake system repairs, suspension work, and engine overhauls all require significant fastener usage.
With an average of 250,000 new vehicles being serviced annually per major repair chain, the demand for fasteners in repairs continues to rise, especially with the growing complexity of modern vehicles that require specialized high-strength fasteners. This is supporting the ongoing growth of the fastener market.
Growing Demand for Custom Vehicle Modifications Drives Fastener Market Expansion
The growing demand for custom vehicle modifications is significantly driving the expansion of the automotive fasteners market. As consumers increasingly seek personalized vehicles, automakers and aftermarket companies are focusing on enhancing vehicle aesthetics, functionality, and performance through custom modifications. This includes alterations to body parts, interior features, and the addition of accessories, all of which require specialized fasteners for secure and durable installations.
For instance, Araymond, with a strong presence in the automotive sector, provides fasteners designed to secure customized components in electric vehicles, where design and technology integration are key. As more consumers demand individualized vehicles, both OEMs and aftermarket suppliers are investing in innovations to support the rapid growth of vehicle customization, further fueling the market for advanced, high-performance fasteners.
Tier-1 companies account for around 20-30% of the overall market with a product revenue from the automotive fasteners market of more than USD 30 million. Ying Feng Fastening Systems (China) Co., Ltd., baier & michels GmbH & Co. KG., MK Fasteners, KOVA Fasteners Pvt. Ltd., and other players.
Tier-2 and other companies such as Aoyama Automotive Fasteners Czech, s. r. o., Astec Tubes and other players are projected to account for 70-80% of the overall market with the estimated revenue under the range of USD 30 million through the sales of automotive fasteners.
The section below covers the industry analysis for automotive fasteners in different countries. The demand analysis on key countries in several regions of the globe, including North America, Latin America, East Asia, South Asia Pacific, Western Europe, Eastern Europe, Middle East and Africa is provided. This data helps investors to keenly observe and go through the recent trends and examine them in an ordered manner.
| Countries | Value CAGR (2025 to 2035) |
|---|---|
| The USA | 5.5% |
| China | 6.0% |
| Germany | 4.8% |
| Japan | 4.5% |
| India | 5.9% |
In the USA, the growing trend of vehicle personalization is significantly driving the demand for automotive fasteners. Consumers are increasingly seeking custom features such as personalized interiors, unique body kits, and enhanced performance parts, all of which require specialized fasteners. The rise in aftermarket modifications, particularly in the performance and luxury vehicle segments, has resulted in a steady increase in the need for high-strength, durable fasteners.
Companies like Araymond and Bulten have been adapting to these needs by developing innovative fastening solutions that cater to a variety of custom modifications. The USA automotive manufacturers are expanding their options for vehicle customization, with brands like Ford and General Motors offering more tailored choices for their customers. This trend is expected to grow as consumers continue to prioritize individuality in their vehicles, creating sustained demand for advanced automotive fasteners that support these modifications.
The expansion of automotive manufacturing in China is driving significant demand for automotive fasteners. As both domestic and international automakers ramp up production to meet the growing demand for a wide range of vehicles, from compact cars to commercial vehicles, the need for fasteners is increasing. In 2024, China’s vehicle production reached 27.5 million units, up by 4.3% compared to the previous year, according to the China Association of Automobile Manufacturers (CAAM).
This expansion is supported by government policies that encourage both local and foreign manufacturers to scale up their operations. With a broader variety of vehicle models being produced, fasteners are required to secure various components, such as body panels, engine parts, and interior features.
The automotive fasteners market in Germany is experiencing significant growth, driven by advancements in manufacturing and increasing demand for high-performance components. Germany, home to some of the world’s leading automotive manufacturers, is witnessing a shift towards lightweight materials like aluminum and composites in vehicle production. This shift demands specialized fasteners capable of handling the unique stress and temperature requirements of these materials.
Innovations such as high-strength steel and coated fasteners are essential to ensure durability and corrosion resistance, particularly in harsh conditions. According to study, Germany holds a significant share of the European automotive fasteners market, with continued growth projected due to the country's focus on precision engineering.
Furthermore, the rise of electric vehicles (EVs) has led to new fasteners designs, especially in battery and structural components. These developments underscore the growing demand for advanced automotive fasteners, positioning Germany as a leader in fasteners technology within the automotive sector.
Technological advancements in the automotive fasteners market are driving precision, durability, and adaptability. The development of lightweight fasteners, particularly aluminum and titanium alloys, is gaining traction to support the growing use of lightweight materials in vehicle manufacturing. High-strength fasteners, such as Grade 10.9 and 12.9 bolts, are increasingly used in critical applications like engines and suspension systems to withstand extreme loads and vibrations.
Innovations like self-locking nuts and micro-thread screws are improving assembly efficiency and safety, especially in high-stress components. Coated fasteners with zinc-flake or PTFE coatings offer enhanced corrosion resistance, making them essential for vehicles exposed to harsh environments. The trend toward automated manufacturing has also led to the adoption of pre-assembled fasteners systems, reducing assembly time and costs. These advancements are strengthening the role of high-performance fasteners in modern automotive engineering.
Recent Industry Developments
The material is further categorized into iron, aluminium, brass, nickel, stainless steel and plastic.
The characteristic is classified into removal, semi-permanent and permanent.
The product type is classified into threaded and non-threaded.
The coating is classified into passivated coating, cadmium coating and dry film lube coating.
The distribution channel is classified into OEM and aftermarket.
Regions considered in the study include North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, and the Middle East and Africa.
The automotive fasteners was valued at USD 29,208.4 million in 2024.
The demand for automotive fasteners is set to reach USD 30,756.4 million in 2025.
The automotive fastener is driven by rising adoption of coated fasteners with corrosion resistance for harsh environment and increasing demand for high-tension fasteners in engine and suspension system for durability.
The automotive fasteners demand is projected to reach USD 51,548.9 million in 2035.
The iron are expected to lead during the forecasted period due to demand for high strength, ease of mass production for wide range of automotive application.
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Automotive Fasteners Market
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