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Automotive Fastener Market Size, Share and Forecast 2026-2036

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.

USD 25.0 bnMarket size 2026
USD 38.8 bnForecast 2036
4.5%CAGR 2026-2036
ChinaLargest country

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5 segmentation views25 countries2026 to 2036 yearly forecast

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.

ScopeBolts, screws, nuts, clips, rivets and retainers used in vehicle assembly, including structural, interior, powertrain and electric-vehicle battery fasteners.
IndustryAutomotive
Value 2025USD 24.0 bn
Value 2026USD 25.0 bn
Value 2036USD 38.8 bn
CAGR 2026-20364.5%
Volume 2026409,852 million pieces
Volume 2036548,441 million pieces
Average price 2026USD 0.06 per piece
Report priceStarts from USD 1,999
PublishedNovember 2026

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Automotive Fastener market size and forecast, 2026-2036

Exhibit 1The global automotive fastener market is forecast to grow from USD 25.0 bn in 2026 to USD 38.8 bn by 2036, a rise of 55%Global market value in USD: 2025 base year, 2026 estimate and forecast to 2036. CAGR 2026 to 2036: 4.5%
Automotive Fastener market value, 2025 to 2036Market value by year. 2025: USD 24.0 bn; 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. Compound annual growth rate 2026 to 2036: 4.5%.202525.0 bn202631.1 bn203138.8 bn20364.5% CAGR

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

YearMarket value
2026USD 25.0 bn
2027USD 26.1 bn
2028USD 27.3 bn
2029USD 28.5 bn
2030USD 29.8 bn
2031USD 31.1 bn
2032USD 32.5 bn
2033USD 34.0 bn
2034USD 35.5 bn
2035USD 37.1 bn
2036USD 38.8 bn

Automotive Fastener market segmentation

By type

Exhibit 2Threaded fasteners (bolts, screws, nuts) is the largest segment by type, with 52.0% of 2026 revenueEstimated share of 2026 global revenue, by type
Automotive Fastener market share by type, 2026Share of 2026 revenue by type. Threaded fasteners (bolts, screws, nuts): 52.0%; Clips and plastic retainers: 22.0%; Rivets and self-piercing fasteners: 14.0%; Washers, pins and others: 12.0%.Threaded fasteners (bolts, screws, nuts)52.0%Clips and plastic retainers22.0%Rivets and self-piercing fasteners14.0%Washers, pins and others12.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Threaded fasteners (bolts, screws, nuts)52.0%48.9%USD 13.0 bn3.9%
Clips and plastic retainers22.0%24.4%USD 5.5 bn5.6%
Rivets and self-piercing fasteners14.0%16.3%USD 3.5 bn6.1%
Washers, pins and others12.0%10.5%USD 3.0 bn3.1%

By material

Exhibit 3Steel adds the most revenue by material, growing from USD 18.5 bn in 2026 to USD 26.8 bn by 2036Estimated revenue in USD by material, 2026 and 2036 forecast
Automotive Fastener market by material, 2026 and 2036Revenue by material in 2026 and 2036. Steel: USD 18.5 bn in 2026, USD 26.8 bn in 2036, change +45%; Plastics: USD 4.5 bn in 2026, USD 7.7 bn in 2036, change +71%; Aluminium and light alloys: USD 2.0 bn in 2026, USD 4.3 bn in 2036, change +116%.20262036 forecastChangeSteel+45%18.5 bn26.8 bnPlastics+71%4.5 bn7.7 bnAluminium and light alloys+116%2.0 bn4.3 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Steel74.0%69.1%USD 18.5 bn3.8%
Aluminium and light alloys8.0%11.1%USD 2.0 bn8.0%
Plastics18.0%19.8%USD 4.5 bn5.5%

By vehicle

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Passenger cars75.0%69.1%USD 18.7 bn3.6%
Commercial vehicles18.0%17.4%USD 4.5 bn4.1%
Electric vehicles (battery packs)7.0%13.5%USD 1.7 bn11.6%

By strength class

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
8.8 and below58.0%50.0%USD 14.5 bn3.0%
10.928.0%30.0%USD 7.0 bn5.2%
12.9 and above14.0%20.0%USD 3.5 bn8.3%

By application area

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Body and closures32.0%34.0%USD 8.0 bn5.1%
Powertrain24.0%18.0%USD 6.0 bn1.5%
Chassis and suspension22.0%22.0%USD 5.5 bn4.5%
Interior and electrical22.0%26.0%USD 5.5 bn6.3%

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%.

Exhibit 4China is the largest country market at USD 7.5 bn in 2026, and the three largest countries hold 52.0% of global revenueEstimated 2026 revenue in USD and share of the global market, ten largest countries
Automotive Fastener market, ten largest countries in 2026Ten largest countries by 2026 revenue. China: USD 7.5 bn, 30.0%; United States: USD 3.5 bn, 14.0%; Japan: USD 2.0 bn, 8.0%; Germany: USD 2.0 bn, 8.0%; India: USD 1.7 bn, 7.0%; South Korea: USD 1.2 bn, 5.0%; Mexico: USD 998 mn, 4.0%; Brazil: USD 749 mn, 3.0%; France: USD 624 mn, 2.5%; Spain: USD 499 mn, 2.0%.China7.5 bn 30.0%United States3.5 bn 14.0%Japan2.0 bn 8.0%Germany2.0 bn 8.0%India1.7 bn 7.0%South Korea1.2 bn 5.0%Mexico998 mn 4.0%Brazil749 mn 3.0%France624 mn 2.5%Spain499 mn 2.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

#CountryValue 2026Share 2026Value 2036CAGR 2026-36
1ChinaUSD 7.5 bn30.0%USD 12.6 bn5.3%
2United StatesUSD 3.5 bn14.0%USD 4.8 bn3.3%
3JapanUSD 2.0 bn8.0%USD 2.6 bn2.8%
4GermanyUSD 2.0 bn8.0%USD 2.8 bn3.3%
5IndiaUSD 1.7 bn7.0%USD 3.5 bn7.3%
6South KoreaUSD 1.2 bn5.0%USD 1.8 bn3.9%
7MexicoUSD 998 mn4.0%USD 1.6 bn4.8%
8BrazilUSD 749 mn3.0%USD 1.2 bn4.5%
9FranceUSD 624 mn2.5%USD 814 mn2.7%
10SpainUSD 499 mn2.0%USD 698 mn3.4%
11United KingdomUSD 324 mn1.3%USD 473 mn3.8%
12ThailandUSD 297 mn1.2%USD 485 mn5.0%
13ItalyUSD 280 mn1.1%USD 395 mn3.5%
14TurkeyUSD 257 mn1.0%USD 430 mn5.3%
15CanadaUSD 240 mn1.0%USD 349 mn3.8%
16IndonesiaUSD 235 mn0.9%USD 388 mn5.2%
17PolandUSD 205 mn0.8%USD 337 mn5.1%
18Czech RepublicUSD 155 mn0.6%USD 236 mn4.3%
19AustraliaUSD 145 mn0.6%USD 213 mn4.0%
20RussiaUSD 132 mn0.5%USD 190 mn3.7%
21MalaysiaUSD 132 mn0.5%USD 217 mn5.1%
22VietnamUSD 122 mn0.5%USD 202 mn5.1%
23IranUSD 120 mn0.5%USD 202 mn5.3%
24RomaniaUSD 112 mn0.5%USD 186 mn5.2%
25ArgentinaUSD 110 mn0.4%USD 167 mn4.3%
Rest of worldUSD 1.3 bn5.0%USD 1.8 bn4.0%
Exhibit 5China and India account for 50% of the USD 13.8 bn the market is forecast to add by 2036Forecast revenue added between 2026 and 2036 by country, in USD
Automotive Fastener market, where the growth to 2036 comes fromRevenue added between 2026 and 2036. Market value 2026: USD 25.0 bn. China: +USD 5.1 bn; India: +USD 1.8 bn; United States: +USD 1.4 bn; Germany: +USD 755 mn; Japan: +USD 639 mn; 20 other countries: +USD 3.6 bn; Rest of world: +USD 596 mn. Market value 2036: USD 38.8 bn.Market value 202625.0 bnChina+5.1 bnIndia+1.8 bnUnited States+1.4 bnGermany+755 mnJapan+639 mn20 other countries+3.6 bnRest of world+596 mnMarket value 203638.8 bn

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.

Read the full research methodology

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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