Global $3.67 Billion Automotive Plastic Fasteners Market Analysis & Forecasts 2014-2025
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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.
Further key findings from the report suggest:
Key Topics Covered:
1 Methodology and Scope
2. Executive Summary
3. Market variables, Trend and Scope
3.1. Market segmentation
3.2. Raw material outlook
3.2.1. Nylon
3.2.2. Polyvinyl Chloride (PVC)
3.2.3. Polyethylene
3.2.4. Acrylamide
3.3. Technology Overview
3.3.1. Injection Molding
3.4. Market dynamics
3.5. PESTEL analysis
3.6. Industry Analysis -Porter's
4. Automotive Fasteners Application Estimates & Trend Analysis
4.1. Application movement analysis
4.2. Interior
4.3. Exterior
4.4. Electronics
4.5. Powertrain
4.6. Chassis
4.7. Wire harnessing
4.8. Others
5. Automotive Fasteners Function Estimates & Trend Analysis
5.1. Function movement analysis
5.2. Bonding
5.3. MDH
6. Automotive Fasteners Market Vehicle Type Estimates & Trend Analysis
6.1. Vehicle type movement analysis
6.2. Passenger cars
6.3. LCVs
7. Automotive Fasteners Market: Regional Outlook Estimates & Trend Analysis
8. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/w7qjdc/automotive
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