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[English Market Research Report] Global Market for Automotive Fasteners

Automotive Fasteners Global Market Report 2022

The global automotive fasteners market size is expected to grow from 24.99 billion USD in 2021 to 26.93 billion USD in 2022, with a CAGR of 7.7%, and is projected to reach 32.14 billion USD by 2026, with a CAGR of 4.5%. The increasing demand for electric vehicles is anticipated to drive future market growth. This report investigates and analyzes the global automotive fasteners market, providing information on market characteristics, market size and forecasts, segment-wise and regional analysis, competitive landscape, and profiles of key companies.

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【English Market Research Report】Global Market for Automotive Fasteners

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"The global market for automotive fasteners, opportunities and strategies until 2032" provides essential information for strategists, marketers, and executives to evaluate the global automotive fasteners market. Where are the largest and fastest-growing markets for automotive fasteners? What are the connections to the overall economy, demographics, and other similar markets? What forces will shape the market in the future? Business Research's "Global Report on the Automotive Fasteners Market" answers all these questions and many more. This report discusses market characteristics, size and growth, segmentation, regional and domestic translations, competitive landscape, market share, and market trends and strategies. It traces the history of the market and forecasts regional market growth. Additionally, it positions the market within the overall automotive fasteners market and compares it with other markets.

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[English Market Research Report] Global Market for Automotive Fasteners

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The global automotive fasteners market expanded from 27.38 billion USD in 2022 to 29.43 billion USD in 2023, with a CAGR of 7.5%. The Russia-Ukraine war has disrupted the potential for global economic recovery from the COVID-19 pandemic, at least in the short term. This bilateral conflict has led to economic sanctions against multiple countries, soaring commodity prices, and supply chain disruptions, causing inflation across goods and services and impacting many markets worldwide. The automotive fasteners market is projected to grow to 37.42 billion USD by 2027, with a CAGR of 6.2%.

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[English Market Research Report] Global Market for Automotive Fasteners

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The global automotive fasteners market size is expected to reach 24.88 billion USD by 2030, growing from 21.4 billion USD in 2022, with a projected CAGR of 1.9% during the forecast period (2023-2030). The expansion of the market is attributed to the proliferation of automotive sales and production. This growth is closely related to the progress of urbanization and the improvement of consumer purchasing power, leading to changes in lifestyle and an increase in demand for passenger vehicles. This report investigates and analyzes the global automotive fasteners market, providing insights into market dynamics and outlook, segment analysis, company profiles, and more.

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