Market overview
The global automotive fastener market is worth USD 25.0 bn in 2026 and is forecast to reach USD 38.8 bn by 2036, growing at a 4.5% CAGR. China is the largest country market and Threaded fasteners (bolts, screws, nuts) is the largest by type segment.
| Scope | Bolts, screws, nuts, clips, rivets and retainers used in vehicle assembly, including structural, interior, powertrain and electric-vehicle battery fasteners. |
|---|---|
| Industry | Automotive |
| Value 2025 | USD 24.0 bn |
| Value 2026 | USD 25.0 bn |
| Value 2036 | USD 38.8 bn |
| CAGR 2026-2036 | 4.5% |
| Volume 2026 | 409,852 million pieces |
| Volume 2036 | 548,441 million pieces |
| Average price 2026 | USD 0.06 per piece |
| Report price | Starts from USD 1,999 |
| Published | November 2026 |
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Automotive Fastener market size and forecast, 2026-2036
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Year | Market value |
|---|---|
| 2026 | USD 25.0 bn |
| 2027 | USD 26.1 bn |
| 2028 | USD 27.3 bn |
| 2029 | USD 28.5 bn |
| 2030 | USD 29.8 bn |
| 2031 | USD 31.1 bn |
| 2032 | USD 32.5 bn |
| 2033 | USD 34.0 bn |
| 2034 | USD 35.5 bn |
| 2035 | USD 37.1 bn |
| 2036 | USD 38.8 bn |
Automotive Fastener market segmentation
By type
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Threaded fasteners (bolts, screws, nuts) | 52.0% | 48.9% | USD 13.0 bn | 3.9% |
| Clips and plastic retainers | 22.0% | 24.4% | USD 5.5 bn | 5.6% |
| Rivets and self-piercing fasteners | 14.0% | 16.3% | USD 3.5 bn | 6.1% |
| Washers, pins and others | 12.0% | 10.5% | USD 3.0 bn | 3.1% |
By material
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Steel | 74.0% | 69.1% | USD 18.5 bn | 3.8% |
| Aluminium and light alloys | 8.0% | 11.1% | USD 2.0 bn | 8.0% |
| Plastics | 18.0% | 19.8% | USD 4.5 bn | 5.5% |
By vehicle
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Passenger cars | 75.0% | 69.1% | USD 18.7 bn | 3.6% |
| Commercial vehicles | 18.0% | 17.4% | USD 4.5 bn | 4.1% |
| Electric vehicles (battery packs) | 7.0% | 13.5% | USD 1.7 bn | 11.6% |
By strength class
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| 8.8 and below | 58.0% | 50.0% | USD 14.5 bn | 3.0% |
| 10.9 | 28.0% | 30.0% | USD 7.0 bn | 5.2% |
| 12.9 and above | 14.0% | 20.0% | USD 3.5 bn | 8.3% |
By application area
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Body and closures | 32.0% | 34.0% | USD 8.0 bn | 5.1% |
| Powertrain | 24.0% | 18.0% | USD 6.0 bn | 1.5% |
| Chassis and suspension | 22.0% | 22.0% | USD 5.5 bn | 4.5% |
| Interior and electrical | 22.0% | 26.0% | USD 5.5 bn | 6.3% |
Top 25 countries for automotive fastener by revenue
Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 83.5% of 2026 revenue and the 25 countries below together hold 95.0%.
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| # | Country | Value 2026 | Share 2026 | Value 2036 | CAGR 2026-36 |
|---|---|---|---|---|---|
| 1 | China | USD 7.5 bn | 30.0% | USD 12.6 bn | 5.3% |
| 2 | United States | USD 3.5 bn | 14.0% | USD 4.8 bn | 3.3% |
| 3 | Japan | USD 2.0 bn | 8.0% | USD 2.6 bn | 2.8% |
| 4 | Germany | USD 2.0 bn | 8.0% | USD 2.8 bn | 3.3% |
| 5 | India | USD 1.7 bn | 7.0% | USD 3.5 bn | 7.3% |
| 6 | South Korea | USD 1.2 bn | 5.0% | USD 1.8 bn | 3.9% |
| 7 | Mexico | USD 998 mn | 4.0% | USD 1.6 bn | 4.8% |
| 8 | Brazil | USD 749 mn | 3.0% | USD 1.2 bn | 4.5% |
| 9 | France | USD 624 mn | 2.5% | USD 814 mn | 2.7% |
| 10 | Spain | USD 499 mn | 2.0% | USD 698 mn | 3.4% |
| 11 | United Kingdom | USD 324 mn | 1.3% | USD 473 mn | 3.8% |
| 12 | Thailand | USD 297 mn | 1.2% | USD 485 mn | 5.0% |
| 13 | Italy | USD 280 mn | 1.1% | USD 395 mn | 3.5% |
| 14 | Turkey | USD 257 mn | 1.0% | USD 430 mn | 5.3% |
| 15 | Canada | USD 240 mn | 1.0% | USD 349 mn | 3.8% |
| 16 | Indonesia | USD 235 mn | 0.9% | USD 388 mn | 5.2% |
| 17 | Poland | USD 205 mn | 0.8% | USD 337 mn | 5.1% |
| 18 | Czech Republic | USD 155 mn | 0.6% | USD 236 mn | 4.3% |
| 19 | Australia | USD 145 mn | 0.6% | USD 213 mn | 4.0% |
| 20 | Russia | USD 132 mn | 0.5% | USD 190 mn | 3.7% |
| 21 | Malaysia | USD 132 mn | 0.5% | USD 217 mn | 5.1% |
| 22 | Vietnam | USD 122 mn | 0.5% | USD 202 mn | 5.1% |
| 23 | Iran | USD 120 mn | 0.5% | USD 202 mn | 5.3% |
| 24 | Romania | USD 112 mn | 0.5% | USD 186 mn | 5.2% |
| 25 | Argentina | USD 110 mn | 0.4% | USD 167 mn | 4.3% |
| Rest of world | USD 1.3 bn | 5.0% | USD 1.8 bn | 4.0% |
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
Competitive landscape
Group 1: Global leaders
- Illinois Tool Works
- Stanley Black & Decker
- Nifco
- Würth Group
- SFS Group
- Kamax
- LISI Automotive
Group 2: Regional and specialist players
- Böllhoff
- TriMas
- Sundram Fasteners
- Fontana Gruppo
- EJOT
- Aoyama Seisakusho
Group 3: Emerging and niche players
- Bulten
- Agrati
- Optimas Solutions
- Nitto Seiko
Research methodology
Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the automotive fastener market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.
The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 4.5% is calculated from the resulting values.
The market is divided by type, by material, by vehicle, by strength class, by application area. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.
Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.
Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.
Frequently asked questions
How big is the automotive fastener market?
The global automotive fastener market is estimated at USD 24.0 bn in 2025 and USD 25.0 bn in 2026.
How fast will the automotive fastener market grow?
It is forecast to reach USD 38.8 bn by 2036, a compound annual growth rate of 4.5% from 2026, an increase of USD 13.8 bn.
Which country is the largest market for automotive fastener?
China is the largest market by revenue at USD 7.5 bn in 2026, 30.0% of the global total. The three largest countries together hold 52.0%.
Which country is growing fastest?
Among the ten largest markets, India is growing fastest at 7.3% a year from 2026 to 2036.
Which automotive fastener segment is largest?
In the by type split, Threaded fasteners (bolts, screws, nuts) is the largest segment with 52.0% of 2026 revenue.
Who are the leading automotive fastener companies?
Global leaders include Illinois Tool Works, Stanley Black & Decker, Nifco, Würth Group.
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