US Automotive Fasteners Market

ID: MRFR/AM/16710-HCR

100 Pages

Sejal Akre

September 2025

US Automotive Fasteners Market Research Report By Application (Body Structure, Chassis, Engine Components, Transmission, Interior), By Type (Bolts, Nuts, Screws, Washers, Rivets), By Materials (Steel, Aluminum, Plastic, Titanium, Copper) and By End Use (Passenger Vehicles, Commercial Vehicles, Two-Wheelers) - Forecast to 2035

US Automotive Fasteners Market Infographic

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Summary Table of Contents Segmentation Infographic

1. Market Overview

2. Market Trends

3. Market Segment Insights

4. Key Players and Competitive Insights

5. Industry Developments

6. Market Segmentation

7. Report Scope

8. Market Highlights

9. FAQs

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US Automotive Fasteners Market Summary

The United States automotive fasteners market is projected to grow from 3.57 USD billion in 2024 to 5.1 USD billion by 2035.

Key Market Trends & Highlights

US Automotive Fasteners Key Trends and Highlights

The market is expected to experience a compound annual growth rate of 3.3 percent from 2025 to 2035.
By 2035, the automotive fasteners market in the United States is anticipated to reach a valuation of 5.1 USD billion.
In 2024, the market is valued at 3.57 USD billion, indicating a robust growth trajectory.
Growing adoption of advanced manufacturing technologies due to increasing vehicle production is a major market driver.

US Automotive Fasteners Market

CAGR

3.3%

Market Size & Forecast

2024 Market Size	3.57 (USD Billion)
2035 Market Size	5.1 (USD Billion)
CAGR (2025-2035)	3.3%

Major Players

Schaeffler, Nucor, Parker Hannifin, Westfield Fastener, Bossard Group, Wurth Group, Textron, Fastenal, Bulten, Illinois Tool Works, Rivets and Fasteners, Alcoa, Honeywell, Stanley Black and Decker

US Automotive Fasteners Market Trends

The US Automotive Fasteners Market is witnessing significant trends driven by several factors. One of the main market drivers is the increasing emphasis on vehicle safety and performance, which has heightened the demand for high-quality fasteners. As vehicles become more sophisticated with advanced technologies, the need for durable and reliable fasteners has become essential. Additionally, sustainability initiatives are propelling the use of lightweight materials, influencing the design and type of fasteners being utilized in modern vehicles.

Opportunities in the US market include the rising trend toward electric vehicles (EVs), which require specialized fasteners for battery systems and lightweight body structures.Manufacturers are adapting to this shift, ensuring they meet the unique requirements of EV components, which can open new avenues for growth. Furthermore, the integration of automation and smart manufacturing processes within the automotive supply chain presents a chance for fastener producers to enhance efficiency and reduce lead times, meeting the fast-paced demands of the automotive industry. Recent times have also seen increased focus on regulatory compliance and quality standards.

With strict regulations in place to ensure safety and performance, automotive fastener suppliers in the US are under pressure to deliver products that meet or exceed these benchmarks.The push for innovation in materials and designs is driving research and development efforts.

As a result, the market is evolving to include advanced coatings and corrosion resistance properties to enhance the longevity of fasteners in diverse automotive applications. Overall, the US Automotive Fasteners Market is adapting to changes rapidly, influenced by technology, safety mandates, and the growing trend of electrification in vehicles.

Market Segment Insights

US Automotive Fasteners Market Segment Insights:

Automotive Fasteners Market Application Insights

The Application segment of the US Automotive Fasteners Market encompasses critical components that contribute significantly to the overall performance and safety of vehicles. This market segment includes key areas such as Body Structure, Chassis, Engine Components, Transmission, and Interior, each playing a pivotal role in enhancing vehicle integrity and functionality.

The Body Structure segment is essential, as it ensures the overall safety and durability of vehicles, accounting for a considerable portion of fasteners used in automotive manufacturing.The Chassis segment, which supports the vehicle’s weight and serves as the backbone, further emphasizes the importance of robust fastening solutions for maintaining vehicle stability and performance, leading to a reliance on high-quality fasteners. Engine Components are vital for the effective operation of vehicles, with fasteners necessary to manage the stress and heat generated during operation, thus ensuring optimal performance and service life.

Transmission systems, responsible for transferring power from the engine to the wheels, also highlight the need for specialized fasteners that can withstand dynamic forces and provide reliability.

Additionally, the Interior segment involves fasteners critical for securing components like seats, dashboards, and safety features, which contribute to consumer comfort and vehicle aesthetics. The interplay between these applications showcases a growing demand for advanced materials and innovative fastening solutions in the US Automotive Fasteners Market. Recent trends indicate a shift towards lightweight materials, driven by the automotive industry’s focus on improving fuel efficiency and reducing emissions.

Automotive Fasteners Market Type Insights

The US Automotive Fasteners Market segmentation by Type highlights several important categories including Bolts, Nuts, Screws, Washers, and Rivets. Each of these categories plays a crucial role in the automotive industry, with fasteners being integral components that ensure the structural integrity and safety of vehicles. Bolts, for instance, are essential for securing parts within the vehicle, while Nuts complement them by providing a tight grip, critical for the overall stability of automotive structures. Screws are widely used in various applications, ranging from assembling body panels to fixture connections, highlighting their versatility.

Washers, though often overlooked, are important for distributing load and preventing wear, which increases the durability of fastened joints. Rivets serve a significant function in automotive assembly processes, particularly in manufacturing where welding might not be as effective. The growing emphasis on lightweight materials and fuel efficiency continues to influence the demand for specific fastener types, driving innovation and new applications within the market. Overall, this segment remains pivotal as manufacturers seek to enhance performance and reduce vehicle weight while maintaining safety standards in the US automotive industry.

Automotive Fasteners Market Materials Insights

The US Automotive Fasteners Market for materials is a crucial component of the automotive industry, driven by the growing demand for durability, lightweight solutions, and cost-effectiveness in vehicle manufacturing. Steel remains a primary choice due to its high strength and availability, making it essential for structural applications. Aluminum is gaining traction as manufacturers seek to enhance fuel efficiency by reducing overall vehicle weight, while plastic fasteners are increasingly adopted in non-load-bearing applications, influencing the market significantly.Titanium, although less common due to its cost, offers exceptional strength-to-weight ratio, making it attractive for high-performance vehicles.

Copper is vital in electrical connections, ensuring reliable performance in modern vehicles as technology evolves. Overall, the diverse array of materials in the US Automotive Fasteners Market showcases the industry's shift towards innovative and efficient manufacturing practices, driven by technological advancements and regulatory pressures for sustainability. With various materials catering to specific automotive requirements, this segment plays a pivotal role in shaping the future of automotive design and functionality.

Automotive Fasteners Market End Use Insights

The US Automotive Fasteners Market has been significantly influenced by its end-use categories, including Passenger Vehicles, Commercial Vehicles, and Two-Wheelers. The Passenger Vehicles segment is pivotal due to the high demand for personal transportation and the increasing focus on vehicle safety and performance. With a substantial vehicle population in the United States, this segment commands a major share in the fasteners market.

Commercial Vehicles represent another important segment, driven by the growth in logistics and transportation, leading to increased requirements for durable fastening solutions to ensure safety and reliability in varied operating conditions.Meanwhile, the Two-Wheelers segment, although smaller, is gaining traction due to rising urbanization and preferences for more economical transportation options.

This segment plays a crucial role in the market’s diversity and caters to a growing demographic keen on alternative commuting methods. Collectively, these end-use segments contribute to the overall dynamics of the US Automotive Fasteners Market, with ongoing developments in automotive technology and sustainability practices driving further growth and innovation in fastening solutions.

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Key Players and Competitive Insights

The US Automotive Fasteners Market has become increasingly competitive, driven by technological advancements and rising standards for vehicle safety and performance. In this dynamic landscape, various players are engaging in strategic collaborations, mergers, and acquisitions to strengthen their market share and broaden their product offerings. The emphasis on lightweight materials, as well as the growing prevalence of electric vehicles, has further influenced product development and innovation in this sector.

Companies in the automotive fasteners market aim to meet the evolving demands of the automotive industry, focusing on providing high-quality, durable, and corrosion-resistant fasteners that cater to diverse applications within the vehicle manufacturing process. Schaeffler, recognized for its strong capabilities in manufacturing high-quality component systems, has established a significant footprint in the US Automotive Fasteners Market. With an extensive product line that includes a wide range of fastening solutions, Schaeffler leverages its advanced technology and research and development efforts to maintain its competitive edge.

The company is particularly noted for its commitment to innovation, reflected in its initiatives to enhance the performance and reliability of automotive fasteners. Its strategic presence in critical regions, solid partnerships with automakers, and a diversified customer base contribute to its strengths in the market. Additionally, Schaeffler's focus on sustainability and eco-friendly practices resonates well with the industry trend towards greener automotive solutions.Nucor has emerged as a key player in the US Automotive Fasteners Market, renowned for its production capabilities, particularly in steel and related products.

The company offers an extensive range of automotive fasteners, including bolts, nuts, and custom-engineered solutions that cater to the specific needs of automotive manufacturers. Nucor's strengths lie in its advanced manufacturing techniques, commitment to high-quality standards, and strong market presence, allowing it to effectively compete with other industry players. The company's proactive approach to mergers and acquisitions has further enhanced its position, enabling it to expand its manufacturing capacity and diversify its product offerings.

Through strategic investments in technology and a streamlined supply chain, Nucor remains focused on meeting the evolving demands of the automotive sector, reinforcing its status in the US Automotive Fasteners Market.

Key Companies in the US Automotive Fasteners Market market include

Industry Developments

The US Automotive Fasteners Market has seen notable developments, especially with companies such as Schaeffler focusing on innovations in automotive components that enhance vehicle performance.

In May 2023, Nucor reinforced their market presence by announcing an investment in a new steel plant aimed at catering to the automotive sector, indicating growth in manufacturing capabilities. Parker Hannifin continues to expand its portfolio with advancements in fastening technology pertinent to electric vehicles. A significant merger occurred in June 2023 when Westfield Fastener acquired a regional competitor to strengthen its market share and broaden its customer base. Bulten reported a growth in sales driven by increased demand for vehicle production, and Illinois Tool Works showcased advancements in fastening systems tailored for sustainability.

Companies are adapting to regulatory changes concerning emissions and safety, influencing automotive fasteners' designs and applications. Over the last couple of years, Fastenal has experienced growth in market valuation, primarily due to its expansion strategies in logistics and supply chain, impacting overall market dynamics. The ongoing investments and strategic alignments among these firms indicate a robust trajectory in the US Automotive Fasteners Market.

Market Segmentation

Outlook

Passenger Vehicles
Commercial Vehicles
Two-Wheelers

Report Scope

Report Attribute/Metric Source:	Details
MARKET SIZE 2018	3.46(USD Billion)
MARKET SIZE 2024	3.57(USD Billion)
MARKET SIZE 2035	5.1(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)	3.296% (2025 - 2035)
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR	2024
MARKET FORECAST PERIOD	2025 - 2035
HISTORICAL DATA	2019 - 2024
MARKET FORECAST UNITS	USD Billion
KEY COMPANIES PROFILED	Schaeffler, Nucor, Parker Hannifin, Westfield Fastener, Bossard Group, Wurth Group, Textron, Fastenal, Bulten, Illinois Tool Works, Rivets and Fasteners, Alcoa, Honeywell, Stanley Black and Decker
SEGMENTS COVERED	Application, Type, Materials, End Use
KEY MARKET OPPORTUNITIES	Growing electric vehicle production, Lightweight fastener demand increase, Advanced material technology adoption, Rising automotive repair industry, Integration with smart technologies
KEY MARKET DYNAMICS	Growing vehicle production rates, Increasing demand for lightweight materials, Rising electric vehicle adoption, Technological advancements in fastening solutions, Stringent automotive safety regulations
COUNTRIES COVERED	US

FAQs

What is the expected market size of the US Automotive Fasteners Market in 2024?

The US Automotive Fasteners Market is expected to be valued at 3.57 billion USD in 2024.

What will be the market value of the US Automotive Fasteners Market by 2035?

By 2035, the US Automotive Fasteners Market is projected to reach a value of 5.1 billion USD.

What is the expected CAGR for the US Automotive Fasteners Market from 2025 to 2035?

The expected CAGR for the US Automotive Fasteners Market from 2025 to 2035 is 3.296%.

Which application segment is projected to dominate the US Automotive Fasteners Market by 2035?

By 2035, the Body Structure segment is anticipated to dominate the market with an expected value of 1.237 billion USD.

How much will the Engine Components application segment be worth in 2024?

The Engine Components application segment is expected to be valued at 0.969 billion USD in 2024.

Who are the key players in the US Automotive Fasteners Market?

Major players in the market include Schaeffler, Nucor, Parker Hannifin, Westfield Fastener, and Bossard Group.

What is the projected market size for the Chassis segment by 2035?

The Chassis segment is expected to be valued at 0.911 billion USD by 2035.

What growth rate is anticipated for the Interior application segment from 2025 to 2035?

The Interior application segment is expected to grow at a substantial pace in line with the overall market growth rate of 3.296%.

What is the estimated market size for the Transmission segment in 2024?

The Transmission segment is anticipated to be valued at 0.414 billion USD in 2024.

What are the key trends impacting the US Automotive Fasteners Market?

Key trends include technological advancements, increasing vehicle production, and a focus on lightweight materials.

US Automotive Fasteners Market Research Report- Forecast to 2035 Infographic

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