Plastic Fasteners Market – Global Industry Analysis and Forecast (2023-2029)

Plastic Fasteners Market size is expected to reach nearly US$ 7.21 Bn. by 2029 with the CAGR of 5.68% during the forecast period. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region. Plastic Fasteners MarketTo know about the Research Methodology:-Request Free Sample Report

Plastic Fasteners Market Dynamics:

Increasing demand for high-efficiency vehicles with better performance has led to prefer lightweight components in the automotive industry, which is one of the driving factors for global plastic fasteners market. This product are corrosion resistance and high durability. Also, these products are available in numerous colors and shapes that help car manufacturers to maintain the aesthetic appeal of vehicles. On the basis of the product type segment, the rivets & push-in clips segment is expected to hold the largest market share during forecast period. Rivets and push-in clips are increasingly used in automobiles, electrical & electronics. Push-in clips are used to connect plastic parts protecting materials, light sheet metals. They are also used as bumpers and hole plugs. Push-in clips are used with nylon washers to fasten delicate materials. A subtype of push-in clips, known as stomach buttons, vibration is resistant to abrasion, and corrosion Based on the End User segment, the automotive segment is expected to hold the largest market share during forecast period. The rising demand for electric vehicles is estimated to drive the growth of the automotive segment of the global plastic fasteners market. Environmental regulations formulated by various government bodies have propelled the development of lightweight and fuel-efficient automobiles, which, in turn, has contributed to the high demand for plastic fasteners from the automotive industry.

Regional Insights:

In terms of region, Asia Pacific region is estimated to grow at highest CAGR during the forecast period. Presence of major manufacturers in countries like Japan, India, China, and South Korea for commercial vehicles and passenger cars in this region is expected to further propel market growth in this region. In addition, increasing construction expenditure is another reason for growth of global plastic fasteners market in Asia Pacific region. The report defines, segments, and projects the global plastic fasteners market based on product type, end user, and region. It provides detailed information regarding the major factors influencing the growth of the market, like drivers, opportunities, and industry-specific challenges. It also intentionally profiles key players and widely analyzes their market shares and core competencies. The report analyzes competitive developments, like expansions, acquisitions, agreements, and collaborations undertaken by key players to achieve growth in the market. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding global plastic fasteners market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the modest analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in global plastic fasteners market.

Key Highlights:

plastic fasteners market analysis and forecast, in terms of value. Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global market Global plastic fasteners market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided. plastic fasteners market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study. Global plastic fasteners market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation. Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled. Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global plastic fasteners market are also profiled.

Plastic Fasteners Market Scope :Inquire before buying

Plastic Fasteners Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 4.89 Bn.
Forecast Period 2023 to 2029 CAGR: 5.68% Market Size in 2029: US $ 7.21 Bn.
Segments Covered: by Product Type Cable Clips & Ties Threaded Fasteners Washers & Spacers Grommets & Bushings Wall Plugs Others
by End User Automotive Electrical & Electronics Building & Construction Supermarkets Others
by Material Type Nylon Polyacrylamide Thermoplastic Polyurethane PEEK and PPA Others

Plastic Fasteners Market, By Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina and Rest of South America)

Plastic Fasteners Market Key players are :

1. Illinois Tool Works 2. Araymond 3. Nifco 4. Stanley Black & Decker 5. Bossard Group 6. Arconic 7. Penn Engineering 8. Shamrock International Fasteners 9. Volt Industrial Plastics 10. Anil Plastics & Enterprises 11. Bülte Plastics 12. Canco Fasteners 13. Craftech Industries 14. E & T Fasteners 15. Fontana Gruppo 16. Joxco Seals 17. KGS Kitagawa Industries Co. 18. Micro Plastics 19. MW Industries 20. Nyltite Corporation 21. Shanghai Yuanmao Fastener Co. 22. Surelock Plastics 23. Termax Corporation 24. Wilhelm Böllhoff GmbH & Co. Frequently Asked Questions: 1. Which region has the largest share in Global Plastic Fasteners Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Plastic Fasteners Market? Ans: The Global market is growing at a CAGR of 5.68% during forecasting period 2023-2029. 3. What is scope of the Global Plastic Fasteners market report? Ans: Global Plastic Fasteners Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Plastic Fasteners market? Ans: The important key players in the Global market are – Illinois Tool Works, Araymond, Nifco, Stanley Black & Decker, Bossard Group, Arconic, Penn Engineering, Shamrock International Fasteners, Volt Industrial Plastics, Anil Plastics & Enterprises, Bülte Plastics, Canco Fasteners, Craftech Industries, E & T Fasteners, and Fontana Gruppo 5. What is the study period of this market? Ans: The Global Plastic Fasteners Market is studied from 2022 to 2029.
1. Global Plastic Fasteners Market: Research Methodology 2. Global Plastic Fasteners Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Plastic Fasteners Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Plastic Fasteners Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. Global Plastic Fasteners Market Segmentation 4.1 Global Plastic Fasteners Market, by Product Type (2022-2029) • Cable Clips & Ties • Threaded Fasteners • Washers & Spacers • Grommets & Bushings • Wall Plugs • Others 4.2 Global Plastic Fasteners Market, by End User (2022-2029) • Automotive • Electrical & Electronics • Building & Construction • Supermarkets • Others 4.3 Global Plastic Fasteners Market, by Material Type (2022-2029) • Nylon • Polyacrylamide • Thermoplastic Polyurethane • PEEK and PPA • Others 5. North America Plastic Fasteners Market(2022-2029) 5.1 North America Plastic Fasteners Market, by Product Type (2022-2029) • Cable Clips & Ties • Threaded Fasteners • Washers & Spacers • Grommets & Bushings • Wall Plugs • Others 5.2 North America Plastic Fasteners Market, by End User (2022-2029) • Automotive • Electrical & Electronics • Building & Construction • Supermarkets • Others 5.3 North America Plastic Fasteners Market, by Material Type (2022-2029) • Nylon • Polyacrylamide • Thermoplastic Polyurethane • PEEK and PPA • Others 5.4 North America Plastic Fasteners Market, by Country (2022-2029) • United States • Canada • Mexico 6. Europe Plastic Fasteners Market (2022-2029) 6.1. European Plastic Fasteners Market, by Product Type (2022-2029) 6.2. European Plastic Fasteners Market, by End User (2022-2029) 6.3. European Plastic Fasteners Market, by Material Type (2022-2029) 6.4. European Plastic Fasteners Market, by Country (2022-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Plastic Fasteners Market (2022-2029) 7.1. Asia Pacific Plastic Fasteners Market, by Product Type (2022-2029) 7.2. Asia Pacific Plastic Fasteners Market, by End User (2022-2029) 7.3. Asia Pacific Plastic Fasteners Market, by Material Type (2022-2029) 7.4. Asia Pacific Plastic Fasteners Market, by Country (2022-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Plastic Fasteners Market (2022-2029) 8.1 Middle East and Africa Plastic Fasteners Market, by Product Type (2022-2029) 8.2. Middle East and Africa Plastic Fasteners Market, by End User (2022-2029) 8.3. Middle East and Africa Plastic Fasteners Market, by Material Type (2022-2029) 8.4. Middle East and Africa Plastic Fasteners Market, by Country (2022-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Plastic Fasteners Market (2022-2029) 9.1. South America Plastic Fasteners Market, by Product Type (2022-2029) 9.2. South America Plastic Fasteners Market, by End User (2022-2029) 9.3. South America Plastic Fasteners Market, by Material Type (2022-2029) 9.4 South America Plastic Fasteners Market, by Country (2022-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1 Illinois Tool Works 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 Araymond 10.3 Nifco 10.4 Stanley Black & Decker 10.5 Bossard Group 10.6 Arconic 10.7 Penn Engineering 10.8 Shamrock International Fasteners 10.9 Volt Industrial Plastics 10.10 Anil Plastics & Enterprises 10.11 Bülte Plastics 10.12 Canco Fasteners 10.13 Craftech Industries 10.14 E & T Fasteners 10.15 Fontana Gruppo 10.16 Joxco Seals 10.17 KGS Kitagawa Industries Co. 10.18 Micro Plastics 10.19 MW Industries 10.20 Nyltite Corporation 10.21 Shanghai Yuanmao Fastener Co. 10.22 Surelock Plastics 10.23 Termax Corporation 10.24 Wilhelm Böllhoff GmbH & Co.