Product Code: 17210
The Global Passenger Car Fasteners Market will grow from USD 26.37 Billion in 2025 to USD 37.51 Billion by 2031 at a 6.05% CAGR. Passenger car fasteners are specialized mechanical hardware components, such as nuts, bolts, screws, and rivets, engineered to securely join vehicle parts while withstanding high levels of vibration and stress.
| Market Overview |
| Forecast Period | 2027-2031 |
| Market Size 2025 | USD 26.37 Billion |
| Market Size 2031 | USD 37.51 Billion |
| CAGR 2026-2031 | 6.05% |
| Fastest Growing Segment | SUV |
| Largest Market | Asia Pacific |
Key Market Drivers
The accelerated adoption of electric and hybrid vehicles is a primary catalyst reshaping the Global Passenger Car Fasteners Market. As automotive manufacturers transition from internal combustion engines to electrified powertrains, there is a distinct shift in demand toward specialized joining components designed to secure heavy battery packs, inverters, and high-voltage electrical systems. These applications require high-strength, insulated, and corrosion-resistant fasteners that can maintain integrity under unique thermal and mechanical stresses.
Key Market Challenges
Volatility in raw material costs, particularly for steel and aluminum, represents a primary obstacle to the stable expansion of the passenger car fasteners market. As these components are predominantly manufactured from metal alloys, sudden spikes in commodity prices directly increase production expenditures for suppliers. This unpredictability creates a difficult environment for manufacturers who typically operate on tight margins. When input costs rise unexpectedly, producers struggle to maintain competitive pricing structures without absorbing significant financial losses or attempting to pass costs onto automotive original equipment manufacturers, which strains business relationships.
Key Market Trends
The integration of RFID and sensor-enabled smart fasteners is transforming automotive supply chains by enabling digital traceability and automated inventory management. These intelligent systems allow manufacturers to track component usage in real-time and streamline replenishment, significantly reducing operational downtime. By embedding digital intelligence into assembly lines, suppliers are converting standard hardware into data-generating assets that optimize logistics and ensure process transparency.
Key Market Players
- Bulten AB
- Shanghai Tianbao Fastener Manufacturing company Limited
- Westfield Fasteners Limited
- The Phillips Screw Company
- KOVA Fasteners Private Limited
- KAMAX Holding GmbH & Co. KG
- LISI Group
- Illinois Tool Works Inc.
- The SFS Group AG
- Nifco Inc.
Report Scope:
In this report, the Global Passenger Car Fasteners Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Passenger Car Fasteners Market, By Vehicle Type:
Passenger Car Fasteners Market, By Fastner Type:
- Threaded and Non Threaded
Passenger Car Fasteners Market, By Material Type:
- Iron
- Steel
- Aluminum
- Brass
- Plastic
Passenger Car Fasteners Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Passenger Car Fasteners Market.
Available Customizations:
Global Passenger Car Fasteners Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Table of Contents
1. Product Overview
- 1.1. Market Definition
- 1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations
2. Research Methodology
- 2.1. Objective of the Study
- 2.2. Baseline Methodology
- 2.3. Key Industry Partners
- 2.4. Major Association and Secondary Sources
- 2.5. Forecasting Methodology
- 2.6. Data Triangulation & Validation
- 2.7. Assumptions and Limitations
3. Executive Summary
- 3.1. Overview of the Market
- 3.2. Overview of Key Market Segmentations
- 3.3. Overview of Key Market Players
- 3.4. Overview of Key Regions/Countries
- 3.5. Overview of Market Drivers, Challenges, Trends
4. Voice of Customer
5. Global Passenger Car Fasteners Market Outlook
- 5.1. Market Size & Forecast
- 5.2. Market Share & Forecast
- 5.2.1. By Vehicle Type (SUV, Sedan, Hatchback, MUV)
- 5.2.2. By Fastner Type (Threaded and Non Threaded)
- 5.2.3. By Material Type (Iron, Steel, Aluminum, Brass, Plastic)
- 5.2.4. By Region
- 5.2.5. By Company (2025)
- 5.3. Market Map
6. North America Passenger Car Fasteners Market Outlook
- 6.1. Market Size & Forecast
- 6.2. Market Share & Forecast
- 6.2.1. By Vehicle Type
- 6.2.2. By Fastner Type
- 6.2.3. By Material Type
- 6.2.4. By Country
- 6.3. North America: Country Analysis
- 6.3.1. United States Passenger Car Fasteners Market Outlook
- 6.3.1.1. Market Size & Forecast
- 6.3.1.2. Market Share & Forecast
- 6.3.1.2.1. By Vehicle Type
- 6.3.1.2.2. By Fastner Type
- 6.3.1.2.3. By Material Type
- 6.3.2. Canada Passenger Car Fasteners Market Outlook
- 6.3.2.1. Market Size & Forecast
- 6.3.2.2. Market Share & Forecast
- 6.3.2.2.1. By Vehicle Type
- 6.3.2.2.2. By Fastner Type
- 6.3.2.2.3. By Material Type
- 6.3.3. Mexico Passenger Car Fasteners Market Outlook
- 6.3.3.1. Market Size & Forecast
- 6.3.3.2. Market Share & Forecast
- 6.3.3.2.1. By Vehicle Type
- 6.3.3.2.2. By Fastner Type
- 6.3.3.2.3. By Material Type
7. Europe Passenger Car Fasteners Market Outlook
- 7.1. Market Size & Forecast
- 7.2. Market Share & Forecast
- 7.2.1. By Vehicle Type
- 7.2.2. By Fastner Type
- 7.2.3. By Material Type
- 7.2.4. By Country
- 7.3. Europe: Country Analysis
- 7.3.1. Germany Passenger Car Fasteners Market Outlook
- 7.3.1.1. Market Size & Forecast
- 7.3.1.2. Market Share & Forecast
- 7.3.1.2.1. By Vehicle Type
- 7.3.1.2.2. By Fastner Type
- 7.3.1.2.3. By Material Type
- 7.3.2. France Passenger Car Fasteners Market Outlook
- 7.3.2.1. Market Size & Forecast
- 7.3.2.2. Market Share & Forecast
- 7.3.2.2.1. By Vehicle Type
- 7.3.2.2.2. By Fastner Type
- 7.3.2.2.3. By Material Type
- 7.3.3. United Kingdom Passenger Car Fasteners Market Outlook
- 7.3.3.1. Market Size & Forecast
- 7.3.3.2. Market Share & Forecast
- 7.3.3.2.1. By Vehicle Type
- 7.3.3.2.2. By Fastner Type
- 7.3.3.2.3. By Material Type
- 7.3.4. Italy Passenger Car Fasteners Market Outlook
- 7.3.4.1. Market Size & Forecast
- 7.3.4.2. Market Share & Forecast
- 7.3.4.2.1. By Vehicle Type
- 7.3.4.2.2. By Fastner Type
- 7.3.4.2.3. By Material Type
- 7.3.5. Spain Passenger Car Fasteners Market Outlook
- 7.3.5.1. Market Size & Forecast
- 7.3.5.2. Market Share & Forecast
- 7.3.5.2.1. By Vehicle Type
- 7.3.5.2.2. By Fastner Type
- 7.3.5.2.3. By Material Type
8. Asia Pacific Passenger Car Fasteners Market Outlook
- 8.1. Market Size & Forecast
- 8.2. Market Share & Forecast
- 8.2.1. By Vehicle Type
- 8.2.2. By Fastner Type
- 8.2.3. By Material Type
- 8.2.4. By Country
- 8.3. Asia Pacific: Country Analysis
- 8.3.1. China Passenger Car Fasteners Market Outlook
- 8.3.1.1. Market Size & Forecast
- 8.3.1.2. Market Share & Forecast
- 8.3.1.2.1. By Vehicle Type
- 8.3.1.2.2. By Fastner Type
- 8.3.1.2.3. By Material Type
- 8.3.2. India Passenger Car Fasteners Market Outlook
- 8.3.2.1. Market Size & Forecast
- 8.3.2.2. Market Share & Forecast
- 8.3.2.2.1. By Vehicle Type
- 8.3.2.2.2. By Fastner Type
- 8.3.2.2.3. By Material Type
- 8.3.3. Japan Passenger Car Fasteners Market Outlook
- 8.3.3.1. Market Size & Forecast
- 8.3.3.2. Market Share & Forecast
- 8.3.3.2.1. By Vehicle Type
- 8.3.3.2.2. By Fastner Type
- 8.3.3.2.3. By Material Type
- 8.3.4. South Korea Passenger Car Fasteners Market Outlook
- 8.3.4.1. Market Size & Forecast
- 8.3.4.2. Market Share & Forecast
- 8.3.4.2.1. By Vehicle Type
- 8.3.4.2.2. By Fastner Type
- 8.3.4.2.3. By Material Type
- 8.3.5. Australia Passenger Car Fasteners Market Outlook
- 8.3.5.1. Market Size & Forecast
- 8.3.5.2. Market Share & Forecast
- 8.3.5.2.1. By Vehicle Type
- 8.3.5.2.2. By Fastner Type
- 8.3.5.2.3. By Material Type
9. Middle East & Africa Passenger Car Fasteners Market Outlook
- 9.1. Market Size & Forecast
- 9.2. Market Share & Forecast
- 9.2.1. By Vehicle Type
- 9.2.2. By Fastner Type
- 9.2.3. By Material Type
- 9.2.4. By Country
- 9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Passenger Car Fasteners Market Outlook
- 9.3.1.1. Market Size & Forecast
- 9.3.1.2. Market Share & Forecast
- 9.3.1.2.1. By Vehicle Type
- 9.3.1.2.2. By Fastner Type
- 9.3.1.2.3. By Material Type
- 9.3.2. UAE Passenger Car Fasteners Market Outlook
- 9.3.2.1. Market Size & Forecast
- 9.3.2.2. Market Share & Forecast
- 9.3.2.2.1. By Vehicle Type
- 9.3.2.2.2. By Fastner Type
- 9.3.2.2.3. By Material Type
- 9.3.3. South Africa Passenger Car Fasteners Market Outlook
- 9.3.3.1. Market Size & Forecast
- 9.3.3.2. Market Share & Forecast
- 9.3.3.2.1. By Vehicle Type
- 9.3.3.2.2. By Fastner Type
- 9.3.3.2.3. By Material Type
10. South America Passenger Car Fasteners Market Outlook
- 10.1. Market Size & Forecast
- 10.2. Market Share & Forecast
- 10.2.1. By Vehicle Type
- 10.2.2. By Fastner Type
- 10.2.3. By Material Type
- 10.2.4. By Country
- 10.3. South America: Country Analysis
- 10.3.1. Brazil Passenger Car Fasteners Market Outlook
- 10.3.1.1. Market Size & Forecast
- 10.3.1.2. Market Share & Forecast
- 10.3.1.2.1. By Vehicle Type
- 10.3.1.2.2. By Fastner Type
- 10.3.1.2.3. By Material Type
- 10.3.2. Colombia Passenger Car Fasteners Market Outlook
- 10.3.2.1. Market Size & Forecast
- 10.3.2.2. Market Share & Forecast
- 10.3.2.2.1. By Vehicle Type
- 10.3.2.2.2. By Fastner Type
- 10.3.2.2.3. By Material Type
- 10.3.3. Argentina Passenger Car Fasteners Market Outlook
- 10.3.3.1. Market Size & Forecast
- 10.3.3.2. Market Share & Forecast
- 10.3.3.2.1. By Vehicle Type
- 10.3.3.2.2. By Fastner Type
- 10.3.3.2.3. By Material Type
11. Market Dynamics
- 11.1. Drivers
- 11.2. Challenges
12. Market Trends & Developments
- 12.1. Merger & Acquisition (If Any)
- 12.2. Product Launches (If Any)
- 12.3. Recent Developments
13. Global Passenger Car Fasteners Market: SWOT Analysis
14. Porter's Five Forces Analysis
- 14.1. Competition in the Industry
- 14.2. Potential of New Entrants
- 14.3. Power of Suppliers
- 14.4. Power of Customers
- 14.5. Threat of Substitute Products
15. Competitive Landscape
- 15.1. Bulten AB
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
- 15.2. Shanghai Tianbao Fastener Manufacturing company Limited
- 15.3. Westfield Fasteners Limited
- 15.4. The Phillips Screw Company
- 15.5. KOVA Fasteners Private Limited
- 15.6. KAMAX Holding GmbH & Co. KG
- 15.7. LISI Group
- 15.8. Illinois Tool Works Inc.
- 15.9. The SFS Group AG
- 15.10. Nifco Inc.
16. Strategic Recommendations
17. About Us & Disclaimer