Plastic Fasteners Market- By Product Type, By Type, By End User, By Geography - Global Opportunity Analysis & Industry Forecast, 2024 - 2030

Report Code: CMR 52599 Report Format: PDF + Excel

Plastic Fasteners Market Overview

Plastic Fasteners Market is forecast to reach $7.6 billion by 2030, after growing at a CAGR of 6.1% during 2024-2030. Rise manufacturing unit with product penetration of plastic fasteners in the automotive industry. Further, enhances the overall market demand for Plastic Fasteners during the forecast period. The report covers Plastic Fasteners Market size by type and applications, Plastic Fasteners Market share by top 5 companies and also the market share by start-ups during the forecast period.

The automotive plastic fasteners market demonstrates a notable dominance, poised for substantial growth from 2024 to 2030. The industry's momentum is fuelled by advancements in automotive technologies and increasing demand for lightweight components. As manufacturers prioritize sustainability and cost-effectiveness, plastic fasteners offer a compelling solution, contributing to the sector's resilience and adaptability in the evolving automotive landscape.

Cutting-edge materials are revolutionizing plastic fasteners, elevating their durability, strength, and resilience. These advancements signify a transformative shift in manufacturing, ensuring superior quality and longevity. The incorporation of novel materials underscores a commitment to innovation, meeting evolving industry demands. This strategic enhancement not only bolsters product performance but also positions manufacturers at the forefront of a competitive market, where quality and ingenuity are paramount.

Market SnapShot

Plastic Fastener Market

Report Coverage

The report: “Plastic Fasteners Market – Forecast (2024-2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Plastic Fasteners Market. 

Report Coverage

The report: “Plastic Fasteners Market – Forecast (2024-2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Plastic Fasteners Market. 

By Product Type: Rivets and Push-In Clips, Cable Clips and Ties, Threaded Fasteners, Washers and Spacers, Grommets and Bushings, Wall Plugs, Others.

By Material Type: Polyamide (PA), Polyoxymethylene (POM), Polycarbonate (PC), Polyvinyl Chloride (PVC), Others.

By End User: Automotive, Electrical and Electronics, Building and Construction, Supermarkets, Others.

By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and Rest of the World (Middle East, and Africa).

Key Takeaways

  • The usage of plastics for the automotive industry and especially in electric vehicles is increasing owing to weight reduction by metal substitutes which is in high trend. Thus, resulting in tremendous growth.
  • The Asia-pacific region, especially China, has been the pioneer in the innovation, manufacturing, and export of a wide variety of Plastic.
  • Increasing construction activity, demand for plastics concrete components will be supported by more intensive use of these products. Plastics components will be favored over other building materials because of their durability and longer lifespans.  

  Product Type - Segment Analysis

Rivets & Push-In Clips held the largest share in the Plastic Fasteners Market in 2023. Increasing usage of Rivets & Push-In Clips is mainly in automobiles and electrical & electronics. Push-in clips are attached to plastic components, light sheet metal, and insulating materials. These also act as hole plugs and bumpers. A subtype of push-in clips is resistant to vibration, abrasion, and corrosion, known as belly buttons.

Material Type - Segment Analysis

Polyamide (PA) held the largest share in the Plastic Fasteners Market in 2023. Polyamide is plastics with high strength and high abrasion resistance. Various major automobile manufacturers have incorporated the use of polyamides in their vehicles such as Opel (engine mounting), Porsche (stabilizer ink), and BMW (transmission crossbeam). All these applications used various sophisticated but heavy metal parts that are now replaced within the last two years by equally effective lighter weight components produced from special polyamide.

End-User - Segment Analysis

The automotive sector has been the primary market for Plastic Fasteners by growing at a CAGR of 5.5%. The growing demand for electric vehicles is projected to drive the growth of the plastic fasteners market in the automotive sector. The development of lightweight and fuel-efficient vehicles, which has led to the high demand for automotive plastic fasteners has propelled by environmental regulations developed by various government bodies.

Geography - Segment Analysis

APAC dominated the Plastic Fasteners Market share with more than 37.8%, followed by North America and Europe. Growing industrialization and urbanization in India and China is projected to propel demand and popularity in end-user industries, including electronics and automobiles. These sectors will develop the market for plastic fasteners in the region. Increasing Asia Pacific customers who tend to purchase affordable and lightweight vehicles has been a positive contribution to growth in the market. The growth of the automotive industry in this region has led to aspects such as accessibility of economic labor force, low cost of production, government initiatives, foreign direct investments and lenient emission, and safety standards.

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Plastic Fasteners Market Drivers 

Rapid development in the automotive sector, which uses plastics as a solution for weight reduction.

The market for lightweight materials in the automotive industry is driven by increasing demand and popularity for highly competent cars with better performances. It is directly increasing the demand and popularity of the plastic fasteners market which will determine the sector's growth in the next few years. Automotive OEM is seen as the key market in the coming years and is expected to grow significantly

Plastic Fasteners Market Challenges

Less players in the market

These plastics Fasteners resins require a regulatory licenses for being manufactured. These licenses are obtained with difficulty and they reduce the players in the market.

Market Landscape

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Plastic Fasteners market. In 2023, the market of Plastic Fasteners has been consolidated by the top 10 companies accounting for xx% of the share. Major players in the Plastic Fasteners Market are Tool Works, Celanese Corporation, ARaymond, Toray Industries, Inc., Nifco, Stanley Black & Decker, and Bossard Group and among others.

Acquisitions/Technology Launches

  • In November 2022, Kuraray Fastening Co., Ltd. has launched Hook-and-Loop Fastener MAGIC TAPE™, it is a cutting-edge solution that combines durability and sustainability. This recycled variant is crafted from polyester fiber obtained from used plastic bottles, showcasing Kuraray's commitment to innovative, eco-friendly fastening systems with enhanced performance. 

 

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  1. Plastic Fasteners Market - Overview
              1.1 Definitions and Scope
  2. Plastic Fasteners Market - Executive summary
              2.1 Market Revenue, Market Size and Key Trends by Company
              2.2 Key Trends by type of Application
              2.3 Key Trends segmented by Geography
  3. Plastic Fasteners Market
              3.1 Comparative analysis
                        3.1.1 Product Benchmarking - Top 10 companies
                        3.1.2 Top 5 Financials Analysis
                        3.1.3 Market Value split by Top 10 companies
                        3.1.4 Patent Analysis - Top 10 companies
                        3.1.5 Pricing Analysis
  4. Plastic Fasteners Market - Startup companies Scenario Premium 
              4.1 Top 10 startup company Analysis by
                        4.1.1 Investment
                        4.1.2 Revenue
                        4.1.3 Market Shares
                        4.1.4 Market Size and Application Analysis
                        4.1.5 Venture Capital and Funding Scenario
  5. Plastic Fasteners Market - Industry Market Entry Scenario Premium 
              5.1 Regulatory Framework Overview
              5.2 New Business and Ease of Doing business index
              5.3 Case studies of successful ventures
              5.4 Customer Analysis - Top 10 companies
  6. Plastic Fasteners Market Forces
              6.1 Drivers
              6.2 Constraints
              6.3 Challenges
              6.4 Porters five force model
                        6.4.1 Bargaining power of suppliers
                        6.4.2 Bargaining powers of customers
                        6.4.3 Threat of new entrants
                        6.4.4 Rivalry among existing players
                        6.4.5 Threat of substitutes
  7. Plastic Fasteners Market -Strategic analysis
              7.1 Value chain analysis
              7.2 Opportunities analysis
              7.3 Product life cycle
              7.4 Suppliers and distributors Market Share
  8. Plastic Fasteners Market - By Product Type (Market Size -$Million / $Billion)
              8.1 Market Size and Market Share Analysis
              8.2 Application Revenue and Trend Research
              8.3 Product Segment Analysis
                        8.3.1 Rivets & Push-In Clips
                        8.3.2 Cable Clips & Ties
                        8.3.3 Threaded Fasteners
                        8.3.4 Washers & Spacers
                        8.3.5 Grommets & Bushings
                        8.3.6 Wall Plugs
                        8.3.7 Others
  9. Plastic Fasteners Market - By Type (Market Size -$Million / $Billion)
             9.1 Polyamide(PA)
          9.2 Polyoxymethylene(POM)
          9.3 Polycarbonate(PC)
          9.4 PolyvinylChloride(PVC)
          9.5 Others
  10. Plastic Fasteners Market By End User
       10.1 Automotive
       10.2 Electrical & Electronics
       10.3 Building & Construction
       10.4 Supermarkets
       10.5 Others
  11. Plastic Fasteners - By Application (Market Size -$Million / $Billion)
              11.1 Segment type Size and Market Share Analysis
              11.2 Application Revenue and Trends by type of Application
              11.3 Application Segment Analysis by Type
  12. Plastic Fasteners- By Geography (Market Size -$Million / $Billion)
              12.1 Plastic Fasteners Market - North America Segment Research
              12.2 North America Market Research (Million / $Billion)
                        12.2.1 Segment type Size and Market Size Analysis
                        12.2.2 Revenue and Trends
                        12.2.3 Application Revenue and Trends by type of Application
                        12.2.4 Company Revenue and Product Analysis
                        12.2.5 North America Product type and Application Market Size
                                      12.2.5.1 U.S
                                      12.2.5.2 Canada
                                      12.2.5.3 Mexico
                        12.3 Plastic Fasteners- South America Segment Research
              12.4 South America Market Research (Market Size -$Million / $Billion)
                        12.4.1 Segment type Size and Market Size Analysis
                        12.4.2 Revenue and Trends
                        12.4.3 Application Revenue and Trends by type of Application
                        12.4.4 Company Revenue and Product Analysis
                        12.4.5 South America Product type and Application Market Size
                                      12.4.5.1 Brazil
                                     12.4.5.2 Argentina
                                     12.4.5.3 Ecuador
                                     12.4.5.4 Peru
                                     12.4.5.5 Colombia
                                     12.4.5.6 Rest of South America
              12.5 Plastic Fasteners- Europe Segment Research
              12.6 Europe Market Research (Market Size -$Million / $Billion)
                        12.6.1 Segment type Size and Market Size Analysis
                        12.6.2 Revenue and Trends
                        12.6.3 Application Revenue and Trends by type of Application
                        12.6.4 Company Revenue and Product Analysis
                        12.6.5 Europe Segment Product type and Application Market Size
                                      12.6.5.1 U.K
                                      12.6.5.2 Germany
                                      12.6.5.3 Italy
                                      12.6.5.4 France
                                      12.6.5.5 Netherlands
                                      12.6.5.6 Belgium
                                      12.6.5.7 Denmark
                                      12.6.5.8 Spain
                                      12.6.5.9 Rest of Europe
              12.7 Plastic Fasteners - APAC Segment Research
              12.8 APAC Market Research (Market Size -$Million / $Billion)
                        12.8.1 Segment type Size and Market Size Analysis
                        12.8.2 Revenue and Trends
                        12.8.3 Application Revenue and Trends by type of Application
                        12.8.4 Company Revenue and Product Analysis
                        12.8.5 APAC Segment - Product type and Application Market Size
                                      12.8.5.1 China
                                      12.8.5.2 Australia
                                      12.8.5.3 Japan
                                      12.8.5.4 South Korea
                                      12.8.5.5 India
                                      12.8.5.6 Taiwan
                                      12.8.5.7 Malaysia
                                      12.8.5.8 Hong kong
                                      12.8.5.9 Rest of APAC
              12.9 Plastic Fasteners - Middle East Segment and Africa Segment Research
              12.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
                        12.10.1 Segment type Size and Market Size Analysis
                        12.10.2 Revenue and Trend Analysis
                        12.10.3 Application Revenue and Trends by type of Application
                        12.10.4 Company Revenue and Product Analysis
                        12.10.5 Middle East & Africa Segment Product type and Application Market Size
                                      12.10.5.1 Israel
                                      12.10.5.2 Saudi Arabia
                                      12.10.5.3 UAE
                        12.10.6 Africa Segment Analysis
                                      12.10.6.1 South Africa
                                      12.10.6.2 Rest of Middle East & Africa
  13. Plastic Fasteners Market - Entropy
              13.1 New product launches
              13.2 M&A s, collaborations, JVs and partnerships
  14. Plastic Fasteners Market - Industry / Segment Competition landscape Premium 
              14.1 Market Share Analysis
                        14.1.1 Market Share by Country- Top companies
                        14.1.2 Market Share by Region- Top 10 companies
                        14.1.3 Market Share by type of Application - Top 10 companies
                        14.1.4 Market Share by type of Product / Product category- Top 10 companies
                        14.1.5 Market Share at global level - Top 10 companies
                        14.1.6 Best Practises for companies
  15. Plastic Fasteners Market - Key Company List by Country Premium 
  16. Plastic Fasteners Market Company Analysis
       16.1 Market Share, Company Revenue, Products, M&A, Developments
       16.2 Anil Plastics & Enterprises
       16.3 Araymond
       16.4 Arconic
       16.5 Bossard Group
       16.6 Bulte Plastics
       16.7 Canco Fasteners
       16.8 Craftech Industries
       16.9 E & T Fasteners
       16.10 Fontana Gruppo
       16.11 Illinois Tool Works
   *Financials would be provided on a best efforts basis for private companies
  17. Plastic Fasteners Market - Appendix
              17.1 Abbreviations
              17.2 Sources
  18. Plastic Fasteners Market - Methodology
              18.1 Research Methodology
                        18.1.1 Company Expert Interviews
                        18.1.2 Industry Databases
                        18.1.3 Associations
                        18.1.4 Company News
                        18.1.5 Company Annual Reports
                        18.1.6 Application Trends
                        18.1.7 New Products and Product database
                        18.1.8 Company Transcripts
                        18.1.9 R&D Trends
                        18.1.10 Key Opinion Leaders Interviews
                        18.1.11 Supply and Demand Trends
   

LIST OF TABLES

1.Global Plastic Fasteners Market By Product Type Market 2023-2030 ($M)
1.1 Rivets & Push-In Clips Market 2023-2030 ($M) - Global Industry Research
1.2 Cable Clips & Ties Market 2023-2030 ($M) - Global Industry Research
1.3 Threaded Fasteners Market 2023-2030 ($M) - Global Industry Research
1.4 Washers & Spacers Market 2023-2030 ($M) - Global Industry Research
1.5 Grommets & Bushings Market 2023-2030 ($M) - Global Industry Research
1.6 Wall Plugs Market 2023-2030 ($M) - Global Industry Research
2.Global Plastic Fasteners Market By End User Market 2023-2030 ($M)
2.1 Automotive Market 2023-2030 ($M) - Global Industry Research
2.2 Electrical & Electronics Market 2023-2030 ($M) - Global Industry Research
2.3 Building & Construction Market 2023-2030 ($M) - Global Industry Research
2.4 Supermarkets Market 2023-2030 ($M) - Global Industry Research
3.Global Plastic Fasteners Market By Product Type Market 2023-2030 (Volume/Units)
3.1 Rivets & Push-In Clips Market 2023-2030 (Volume/Units) - Global Industry Research
3.2 Cable Clips & Ties Market 2023-2030 (Volume/Units) - Global Industry Research
3.3 Threaded Fasteners Market 2023-2030 (Volume/Units) - Global Industry Research
3.4 Washers & Spacers Market 2023-2030 (Volume/Units) - Global Industry Research
3.5 Grommets & Bushings Market 2023-2030 (Volume/Units) - Global Industry Research
3.6 Wall Plugs Market 2023-2030 (Volume/Units) - Global Industry Research
4.Global Plastic Fasteners Market By End User Market 2023-2030 (Volume/Units)
4.1 Automotive Market 2023-2030 (Volume/Units) - Global Industry Research
4.2 Electrical & Electronics Market 2023-2030 (Volume/Units) - Global Industry Research
4.3 Building & Construction Market 2023-2030 (Volume/Units) - Global Industry Research
4.4 Supermarkets Market 2023-2030 (Volume/Units) - Global Industry Research
5.North America Plastic Fasteners Market By Product Type Market 2023-2030 ($M)
5.1 Rivets & Push-In Clips Market 2023-2030 ($M) - Regional Industry Research
5.2 Cable Clips & Ties Market 2023-2030 ($M) - Regional Industry Research
5.3 Threaded Fasteners Market 2023-2030 ($M) - Regional Industry Research
5.4 Washers & Spacers Market 2023-2030 ($M) - Regional Industry Research
5.5 Grommets & Bushings Market 2023-2030 ($M) - Regional Industry Research
5.6 Wall Plugs Market 2023-2030 ($M) - Regional Industry Research
6.North America Plastic Fasteners Market By End User Market 2023-2030 ($M)
6.1 Automotive Market 2023-2030 ($M) - Regional Industry Research
6.2 Electrical & Electronics Market 2023-2030 ($M) - Regional Industry Research
6.3 Building & Construction Market 2023-2030 ($M) - Regional Industry Research
6.4 Supermarkets Market 2023-2030 ($M) - Regional Industry Research
7.South America Plastic Fasteners Market By Product Type Market 2023-2030 ($M)
7.1 Rivets & Push-In Clips Market 2023-2030 ($M) - Regional Industry Research
7.2 Cable Clips & Ties Market 2023-2030 ($M) - Regional Industry Research
7.3 Threaded Fasteners Market 2023-2030 ($M) - Regional Industry Research
7.4 Washers & Spacers Market 2023-2030 ($M) - Regional Industry Research
7.5 Grommets & Bushings Market 2023-2030 ($M) - Regional Industry Research
7.6 Wall Plugs Market 2023-2030 ($M) - Regional Industry Research
8.South America Plastic Fasteners Market By End User Market 2023-2030 ($M)
8.1 Automotive Market 2023-2030 ($M) - Regional Industry Research
8.2 Electrical & Electronics Market 2023-2030 ($M) - Regional Industry Research
8.3 Building & Construction Market 2023-2030 ($M) - Regional Industry Research
8.4 Supermarkets Market 2023-2030 ($M) - Regional Industry Research
9.Europe Plastic Fasteners Market By Product Type Market 2023-2030 ($M)
9.1 Rivets & Push-In Clips Market 2023-2030 ($M) - Regional Industry Research
9.2 Cable Clips & Ties Market 2023-2030 ($M) - Regional Industry Research
9.3 Threaded Fasteners Market 2023-2030 ($M) - Regional Industry Research
9.4 Washers & Spacers Market 2023-2030 ($M) - Regional Industry Research
9.5 Grommets & Bushings Market 2023-2030 ($M) - Regional Industry Research
9.6 Wall Plugs Market 2023-2030 ($M) - Regional Industry Research
10.Europe Plastic Fasteners Market By End User Market 2023-2030 ($M)
10.1 Automotive Market 2023-2030 ($M) - Regional Industry Research
10.2 Electrical & Electronics Market 2023-2030 ($M) - Regional Industry Research
10.3 Building & Construction Market 2023-2030 ($M) - Regional Industry Research
10.4 Supermarkets Market 2023-2030 ($M) - Regional Industry Research
11.APAC Plastic Fasteners Market By Product Type Market 2023-2030 ($M)
11.1 Rivets & Push-In Clips Market 2023-2030 ($M) - Regional Industry Research
11.2 Cable Clips & Ties Market 2023-2030 ($M) - Regional Industry Research
11.3 Threaded Fasteners Market 2023-2030 ($M) - Regional Industry Research
11.4 Washers & Spacers Market 2023-2030 ($M) - Regional Industry Research
11.5 Grommets & Bushings Market 2023-2030 ($M) - Regional Industry Research
11.6 Wall Plugs Market 2023-2030 ($M) - Regional Industry Research
12.APAC Plastic Fasteners Market By End User Market 2023-2030 ($M)
12.1 Automotive Market 2023-2030 ($M) - Regional Industry Research
12.2 Electrical & Electronics Market 2023-2030 ($M) - Regional Industry Research
12.3 Building & Construction Market 2023-2030 ($M) - Regional Industry Research
12.4 Supermarkets Market 2023-2030 ($M) - Regional Industry Research
13.MENA Plastic Fasteners Market By Product Type Market 2023-2030 ($M)
13.1 Rivets & Push-In Clips Market 2023-2030 ($M) - Regional Industry Research
13.2 Cable Clips & Ties Market 2023-2030 ($M) - Regional Industry Research
13.3 Threaded Fasteners Market 2023-2030 ($M) - Regional Industry Research
13.4 Washers & Spacers Market 2023-2030 ($M) - Regional Industry Research
13.5 Grommets & Bushings Market 2023-2030 ($M) - Regional Industry Research
13.6 Wall Plugs Market 2023-2030 ($M) - Regional Industry Research
14.MENA Plastic Fasteners Market By End User Market 2023-2030 ($M)
14.1 Automotive Market 2023-2030 ($M) - Regional Industry Research
14.2 Electrical & Electronics Market 2023-2030 ($M) - Regional Industry Research
14.3 Building & Construction Market 2023-2030 ($M) - Regional Industry Research
14.4 Supermarkets Market 2023-2030 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Plastic Fasteners Market Revenue, 2023-2030 ($M)
2.Canada Plastic Fasteners Market Revenue, 2023-2030 ($M)
3.Mexico Plastic Fasteners Market Revenue, 2023-2030 ($M)
4.Brazil Plastic Fasteners Market Revenue, 2023-2030 ($M)
5.Argentina Plastic Fasteners Market Revenue, 2023-2030 ($M)
6.Peru Plastic Fasteners Market Revenue, 2023-2030 ($M)
7.Colombia Plastic Fasteners Market Revenue, 2023-2030 ($M)
8.Chile Plastic Fasteners Market Revenue, 2023-2030 ($M)
9.Rest of South America Plastic Fasteners Market Revenue, 2023-2030 ($M)
10.UK Plastic Fasteners Market Revenue, 2023-2030 ($M)
11.Germany Plastic Fasteners Market Revenue, 2023-2030 ($M)
12.France Plastic Fasteners Market Revenue, 2023-2030 ($M)
13.Italy Plastic Fasteners Market Revenue, 2023-2030 ($M)
14.Spain Plastic Fasteners Market Revenue, 2023-2030 ($M)
15.Rest of Europe Plastic Fasteners Market Revenue, 2023-2030 ($M)
16.China Plastic Fasteners Market Revenue, 2023-2030 ($M)
17.India Plastic Fasteners Market Revenue, 2023-2030 ($M)
18.Japan Plastic Fasteners Market Revenue, 2023-2030 ($M)
19.South Korea Plastic Fasteners Market Revenue, 2023-2030 ($M)
20.South Africa Plastic Fasteners Market Revenue, 2023-2030 ($M)
21.North America Plastic Fasteners By Application
22.South America Plastic Fasteners By Application
23.Europe Plastic Fasteners By Application
24.APAC Plastic Fasteners By Application
25.MENA Plastic Fasteners By Application
26.Illinois Tool Works, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Araymond, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Nifco, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Stanley Black & Decker, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Bossard Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Arconic, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Penn Engineering, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Shamrock International Fasteners, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Volt Industrial Plastics, Sales /Revenue, 2015-2018 ($Mn/$Bn)