Aug 22, 2017   SOURCE: BusinessWire

Global Automotive Plastic Fasteners Market 2014-2017 & 2025 - Analysis by Interior, Exterior, Electronics, Powertrain, Chassis, Wire harnessing, Others - Research and Markets

The "Automotive Plastic Fasteners Market Analysis By Application (Interior, Exterior, Electronics, Powertrain, Chassis, Wire harnessing, Others), By Region (North America, Europe, Asia Pacific, Rest of the World), And Segment Forecasts, 2011 - 2021" report has been added to Research and Markets' offering.

The automotive plastic fasteners market is expected to reach USD 3.67 billion by 2021

Increasing substitution of metal fasteners in automotive interiors owing to improved aesthetics and lightweight characteristics is expected to propel demand.

The plastic fasteners production is highly influenced by high production volumes of automotive vehicles across major economies of the world. The market is highly fragmented and competitive owing to various small-scale manufacturers concentrated in countries including Thailand, China, and Germany.

The industry rivalry is expected to be high owing to manufacturers of low switching cost of manufacturers from metal to plastic products. However, factors including low tensile strength of the fasteners in high stress applications is expected to impact the product demand.

Illinois Tool Works Incorporated (ITW), ARaymond and Alcoa, Inc. are the major manufacturers dominating the market. Profit margins of companies vary in the range of 15 to 20% owing to reduced manufacturing costs. The uncertainty in automotive production statistics coupled with raw materials price volatility are expected to be major barriers for new entrants in the market.

The key fastener manufacturers across the globe include Illinois Tool Works Incorporated (ITW), ARaymond, Sundram Fasteners Limited, Precision Castparts Corporation and Alcoa, Inc.

Key Topics Covered:

1 Methodology and Scope

2. Executive Summary

3. Market variables, Trend and Scope

4. Automotive Fasteners Application Estimates & Trend Analysis

5. Automotive Fasteners Function Estimates & Trend Analysis

6. Automotive Fasteners Market Vehicle Type Estimates & Trend Analysis

7. Automotive Fasteners Market: Regional Outlook Estimates & Trend Analysis

8. Company Profiles

  • Illinois Tool Works
  • ATF
  • Nippon Industrial Fasteners Company (Nifco)
  • Stanley Black & Decker
  • SNF Group Penn Engineering
  • MW Industries
  • Shanghai Fasteners Company
  • Bossard Group
  • Avery Dennison Corporation
  • Araymond

For more information about this report visit https://www.researchandmarkets.com/research/tdg98q/automotive