Plastic Fasteners Market - Forecast(2023 - 2028)

Report Code: CMR 52599 Report Format: PDF + Excel

Plastic Fasteners Market Overview

Plastic Fasteners Market is forecast to reach $5.64 billion by 2025, after growing at a CAGR of 6.1% during 2020-2025. 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.

Report Coverage

The report: “Plastic Fasteners Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Plastic Fasteners Market. 

        

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 2018. 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 2018. 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.

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 2018, 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 October 2016, Celanese Corporation acquired the Forli, Italy based SO.F.TER. Group, one of the world’s largest independent thermoplastic compounders. The company acquired SO.F.TER. Group’s comprehensive product portfolio of engineering thermoplastics (ETPs), thermoplastic elastomers (TPEs), as well as all customer agreements and all manufacturing, technology and commercial facilities.
  • In February 2016, Toray Industries, Inc. and Toyota Tsusho Corporation announced they will launch a joint carbon fiber recycling initiative to develop highly efficiently recycled carbon fiber manufacturing technology using an innovative and energy-efficient thermal decomposition method.

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 / $Billion)
10. Plastic Fasteners Market By End User
10.1 Automotive
10.2 Electrical & Electronics
10.3 Building & Construction
10.4 Supermarkets
10.5 Others
11. Plastic Fasteners - By Application (Market Size -$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 / $Billion)
            12.2.1 Segment type Size and Market Size Analysis
            12.2.2 Revenue and Trends
            12.2.3 Application Revenue and Trends by type of Application
            12.2.4 Company Revenue and Product Analysis
            12.2.5 North America Product type and Application Market Size
                  12.2.5.1 U.S
                  12.2.5.2 Canada
                  12.2.5.3 Mexico
                  12.2.5.4 Rest of North America
        12.3 Plastic Fasteners- South America Segment Research
        12.4 South America Market Research (Market Size -$Million / $Billion)
            12.4.1 Segment type Size and Market Size Analysis
            12.4.2 Revenue and Trends
            12.4.3 Application Revenue and Trends by type of Application
            12.4.4 Company Revenue and Product Analysis
            12.4.5 South America Product type and Application Market Size
                  12.4.5.1 Brazil
                  12.4.5.2 Venezuela
                  12.4.5.3 Argentina
                  12.4.5.4 Ecuador
                  12.4.5.5 Peru
                  12.4.5.6 Colombia
                  12.4.5.7 Costa Rica
                  12.4.5.8 Rest of South America
        12.5 Plastic Fasteners- Europe Segment Research
        12.6 Europe Market Research (Market Size -$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 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
16.12 Joxco Seals
16.13 KGS Kitagawa Industries Co.
16.14 Micro Plastics
16.15 MW Industries
16.16 Nifco
16.17 Nyltite Corporation
16.18 Penn Engineering
16.19 Shamrock International Fasteners
16.20 Shanghai Yuanmao Fastener Co.
16.21 Stanley Black & Decker
16.22 Surelock Plastics
16.23 Termax Corporation
16.24 Volt Industrial Plastics
16.25 Wilhelm Bollhoff GmbH & Co.
16.26 Company 25
16.27 Company 26 & More
*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 2019-2024 ($M)
1.1 Rivets & Push-In Clips Market 2019-2024 ($M) - Global Industry Research
1.2 Cable Clips & Ties Market 2019-2024 ($M) - Global Industry Research
1.3 Threaded Fasteners Market 2019-2024 ($M) - Global Industry Research
1.4 Washers & Spacers Market 2019-2024 ($M) - Global Industry Research
1.5 Grommets & Bushings Market 2019-2024 ($M) - Global Industry Research
1.6 Wall Plugs Market 2019-2024 ($M) - Global Industry Research
2.Global Plastic Fasteners Market By End User Market 2019-2024 ($M)
2.1 Automotive Market 2019-2024 ($M) - Global Industry Research
2.2 Electrical & Electronics Market 2019-2024 ($M) - Global Industry Research
2.3 Building & Construction Market 2019-2024 ($M) - Global Industry Research
2.4 Supermarkets Market 2019-2024 ($M) - Global Industry Research
3.Global Plastic Fasteners Market By Product Type Market 2019-2024 (Volume/Units)
3.1 Rivets & Push-In Clips Market 2019-2024 (Volume/Units) - Global Industry Research
3.2 Cable Clips & Ties Market 2019-2024 (Volume/Units) - Global Industry Research
3.3 Threaded Fasteners Market 2019-2024 (Volume/Units) - Global Industry Research
3.4 Washers & Spacers Market 2019-2024 (Volume/Units) - Global Industry Research
3.5 Grommets & Bushings Market 2019-2024 (Volume/Units) - Global Industry Research
3.6 Wall Plugs Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global Plastic Fasteners Market By End User Market 2019-2024 (Volume/Units)
4.1 Automotive Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Electrical & Electronics Market 2019-2024 (Volume/Units) - Global Industry Research
4.3 Building & Construction Market 2019-2024 (Volume/Units) - Global Industry Research
4.4 Supermarkets Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America Plastic Fasteners Market By Product Type Market 2019-2024 ($M)
5.1 Rivets & Push-In Clips Market 2019-2024 ($M) - Regional Industry Research
5.2 Cable Clips & Ties Market 2019-2024 ($M) - Regional Industry Research
5.3 Threaded Fasteners Market 2019-2024 ($M) - Regional Industry Research
5.4 Washers & Spacers Market 2019-2024 ($M) - Regional Industry Research
5.5 Grommets & Bushings Market 2019-2024 ($M) - Regional Industry Research
5.6 Wall Plugs Market 2019-2024 ($M) - Regional Industry Research
6.North America Plastic Fasteners Market By End User Market 2019-2024 ($M)
6.1 Automotive Market 2019-2024 ($M) - Regional Industry Research
6.2 Electrical & Electronics Market 2019-2024 ($M) - Regional Industry Research
6.3 Building & Construction Market 2019-2024 ($M) - Regional Industry Research
6.4 Supermarkets Market 2019-2024 ($M) - Regional Industry Research
7.South America Plastic Fasteners Market By Product Type Market 2019-2024 ($M)
7.1 Rivets & Push-In Clips Market 2019-2024 ($M) - Regional Industry Research
7.2 Cable Clips & Ties Market 2019-2024 ($M) - Regional Industry Research
7.3 Threaded Fasteners Market 2019-2024 ($M) - Regional Industry Research
7.4 Washers & Spacers Market 2019-2024 ($M) - Regional Industry Research
7.5 Grommets & Bushings Market 2019-2024 ($M) - Regional Industry Research
7.6 Wall Plugs Market 2019-2024 ($M) - Regional Industry Research
8.South America Plastic Fasteners Market By End User Market 2019-2024 ($M)
8.1 Automotive Market 2019-2024 ($M) - Regional Industry Research
8.2 Electrical & Electronics Market 2019-2024 ($M) - Regional Industry Research
8.3 Building & Construction Market 2019-2024 ($M) - Regional Industry Research
8.4 Supermarkets Market 2019-2024 ($M) - Regional Industry Research
9.Europe Plastic Fasteners Market By Product Type Market 2019-2024 ($M)
9.1 Rivets & Push-In Clips Market 2019-2024 ($M) - Regional Industry Research
9.2 Cable Clips & Ties Market 2019-2024 ($M) - Regional Industry Research
9.3 Threaded Fasteners Market 2019-2024 ($M) - Regional Industry Research
9.4 Washers & Spacers Market 2019-2024 ($M) - Regional Industry Research
9.5 Grommets & Bushings Market 2019-2024 ($M) - Regional Industry Research
9.6 Wall Plugs Market 2019-2024 ($M) - Regional Industry Research
10.Europe Plastic Fasteners Market By End User Market 2019-2024 ($M)
10.1 Automotive Market 2019-2024 ($M) - Regional Industry Research
10.2 Electrical & Electronics Market 2019-2024 ($M) - Regional Industry Research
10.3 Building & Construction Market 2019-2024 ($M) - Regional Industry Research
10.4 Supermarkets Market 2019-2024 ($M) - Regional Industry Research
11.APAC Plastic Fasteners Market By Product Type Market 2019-2024 ($M)
11.1 Rivets & Push-In Clips Market 2019-2024 ($M) - Regional Industry Research
11.2 Cable Clips & Ties Market 2019-2024 ($M) - Regional Industry Research
11.3 Threaded Fasteners Market 2019-2024 ($M) - Regional Industry Research
11.4 Washers & Spacers Market 2019-2024 ($M) - Regional Industry Research
11.5 Grommets & Bushings Market 2019-2024 ($M) - Regional Industry Research
11.6 Wall Plugs Market 2019-2024 ($M) - Regional Industry Research
12.APAC Plastic Fasteners Market By End User Market 2019-2024 ($M)
12.1 Automotive Market 2019-2024 ($M) - Regional Industry Research
12.2 Electrical & Electronics Market 2019-2024 ($M) - Regional Industry Research
12.3 Building & Construction Market 2019-2024 ($M) - Regional Industry Research
12.4 Supermarkets Market 2019-2024 ($M) - Regional Industry Research
13.MENA Plastic Fasteners Market By Product Type Market 2019-2024 ($M)
13.1 Rivets & Push-In Clips Market 2019-2024 ($M) - Regional Industry Research
13.2 Cable Clips & Ties Market 2019-2024 ($M) - Regional Industry Research
13.3 Threaded Fasteners Market 2019-2024 ($M) - Regional Industry Research
13.4 Washers & Spacers Market 2019-2024 ($M) - Regional Industry Research
13.5 Grommets & Bushings Market 2019-2024 ($M) - Regional Industry Research
13.6 Wall Plugs Market 2019-2024 ($M) - Regional Industry Research
14.MENA Plastic Fasteners Market By End User Market 2019-2024 ($M)
14.1 Automotive Market 2019-2024 ($M) - Regional Industry Research
14.2 Electrical & Electronics Market 2019-2024 ($M) - Regional Industry Research
14.3 Building & Construction Market 2019-2024 ($M) - Regional Industry Research
14.4 Supermarkets Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Plastic Fasteners Market Revenue, 2019-2024 ($M)
2.Canada Plastic Fasteners Market Revenue, 2019-2024 ($M)
3.Mexico Plastic Fasteners Market Revenue, 2019-2024 ($M)
4.Brazil Plastic Fasteners Market Revenue, 2019-2024 ($M)
5.Argentina Plastic Fasteners Market Revenue, 2019-2024 ($M)
6.Peru Plastic Fasteners Market Revenue, 2019-2024 ($M)
7.Colombia Plastic Fasteners Market Revenue, 2019-2024 ($M)
8.Chile Plastic Fasteners Market Revenue, 2019-2024 ($M)
9.Rest of South America Plastic Fasteners Market Revenue, 2019-2024 ($M)
10.UK Plastic Fasteners Market Revenue, 2019-2024 ($M)
11.Germany Plastic Fasteners Market Revenue, 2019-2024 ($M)
12.France Plastic Fasteners Market Revenue, 2019-2024 ($M)
13.Italy Plastic Fasteners Market Revenue, 2019-2024 ($M)
14.Spain Plastic Fasteners Market Revenue, 2019-2024 ($M)
15.Rest of Europe Plastic Fasteners Market Revenue, 2019-2024 ($M)
16.China Plastic Fasteners Market Revenue, 2019-2024 ($M)
17.India Plastic Fasteners Market Revenue, 2019-2024 ($M)
18.Japan Plastic Fasteners Market Revenue, 2019-2024 ($M)
19.South Korea Plastic Fasteners Market Revenue, 2019-2024 ($M)
20.South Africa Plastic Fasteners Market Revenue, 2019-2024 ($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)