Plastic Fasteners Market By Type (Rivets & Push-In Clips, Cable Clips & Ties, Threaded Fasteners, Washers & Spacers, Grommets & Bushings, Wall Plugs and Others), By End-User (Automotive, Electrical & Electronics, Building & Construction, and Others), By Region, By Competition Forecast & Opportunities, 2018-2028F

Customization Enquiry

Buy Now

Summary

Report Description

Forecast Period

2024-2028

Market Size (2022)

USD6.03 Billion

CAGR (2023-2028)

6.2%

Fastest Growing Segment

Rivets & Push-In Clips  

Largest Market

Asia Pacific


Market Overview

The Global Plastic Fasteners Market, valued at USD 6.03 billion in 2022, is expected to experience strong growth in the forecast period, with a projected Compound Annual Growth Rate (CAGR) of 6.2% through 2028. The plastic fasteners market is a dynamic and vital segment within the broader manufacturing and construction industries. It is driven by the increasing demand for lightweight, cost-effective, and corrosion-resistant solutions for joining and securing various components. Plastic fasteners play a crucial role in a wide range of applications, spanning from automotive and electronics to consumer goods and construction. They offer versatility and reliability in connecting materials without the disadvantages associated with traditional metal fasteners. Industries like automotive and aerospace are focused on reducing overall weight to improve fuel efficiency and performance. Plastic fasteners provide a lightweight alternative to metal fasteners, contributing to weight reduction without compromising structural integrity. Additionally, plastic fasteners are immune to corrosion, making them an excellent choice for applications exposed to harsh environments, moisture, and chemicals. This feature extends the lifespan of products and reduces maintenance costs Moreover, plastic fasteners are often more economical than their metal counterparts, making them attractive for manufacturers aiming to reduce production costs while maintaining product quality. They are easy to install and require minimal specialized tools, leading to streamlined manufacturing processes and reduced labor costs. Additionally, plastic fasteners are electrically and thermally insulating, making them ideal for applications where conductivity or heat transfer needs to be avoided. Different industries have specific regulatory and performance standards that plastic fasteners must meet. Adhering to these standards while innovating in terms of materials and design poses a challenge and an opportunity for manufacturers. Educating industries and consumers about the benefits and limitations of plastic fasteners, as well as promoting their versatility, is crucial for market expansion The plastic fasteners market is witnessing growth driven by the need for lightweight, corrosion-resistant, and cost-effective fastening solutions across various industries. As material innovations continue to enhance the performance of plastic fasteners and sustainability becomes a priority, the market is poised for expansion. However, challenges related to material strength, temperature resistance, and industry-specific standards must be carefully navigated. As manufacturers continue to explore customization, eco-friendly options, and applications in evolving industries, the plastic fasteners market is set to play a significant role in shaping the future of modern manufacturing and construction.

Key Market Drivers


1. Lightweight and Durable Solutions: The demand for lightweight and durable fastening solutions is a prominent driver in the plastic fasteners market. Traditional metal fasteners often add unnecessary weight to products, affecting fuel efficiency, load-bearing capacities, and overall performance. Plastic fasteners, known for their lightweight nature and high strength-to-weight ratio, offer an ideal alternative. Industries such as automotive, aerospace, and electronics are increasingly turning to plastic fasteners to reduce overall weight without compromising structural integrity.

2. Corrosion Resistance and Chemical Compatibility: Plastic fasteners are inherently resistant to corrosion and chemicals, making them suitable for environments that expose products to moisture, aggressive chemicals, or harsh weather conditions. This driver is particularly significant in industries like marine, construction, and outdoor equipment manufacturing. Unlike metal fasteners that may rust or corrode over time, plastic fasteners maintain their integrity, ensuring the long-term reliability of the assembled components.

3. Cost-Effectiveness and Customization: Plastic fasteners offer a cost-effective solution for manufacturers aiming to optimize production costs without sacrificing quality. The ability to mold plastic into intricate shapes and sizes allows for the production of custom fasteners tailored to specific application requirements. Additionally, plastic fasteners can be produced in high volumes using injection molding processes, leading to economies of scale that benefit industries with large-scale production needs.

4. Electrical and Thermal Insulation: Plastic fasteners provide electrical and thermal insulation, making them essential in applications where metal fasteners could pose risks of electrical conductivity or heat transfer. This property is critical in sectors such as electronics, telecommunications, and electrical engineering, where maintaining insulation and preventing short circuits is paramount.

5. Design Flexibility and Aesthetic Appeal: The design flexibility of plastic fasteners allows for creative and ergonomic designs that enhance product aesthetics. Industries such as consumer electronics, home appliances, and furniture benefit from plastic fasteners' ability to seamlessly blend into the overall design while maintaining structural integrity. This driver aligns with modern consumer preferences for sleek and visually appealing products.

Key Market Challenges

1. Strength and Durability in Demanding Applications: Achieving the required level of strength and durability for demanding applications is one of the primary challenges in the plastic fasteners market. While plastics offer numerous advantages, they are generally perceived as less robust than metal counterparts. Industries such as automotive, construction, and industrial manufacturing often require fasteners to withstand high levels of stress, load, temperature variations, and exposure to harsh environments.

2. Compatibility and Design Considerations: Another significant challenge is ensuring compatibility with different materials and surfaces, as well as meeting specific design requirements. Plastic fasteners must securely join components made of various materials, including metals, composites, and other plastics. Ensuring a reliable bond that withstands vibrations, loads, and thermal expansion is crucial. Furthermore, design considerations are essential to guarantee that plastic fasteners can be integrated seamlessly into existing assembly processes.

3. Environmental Impact and Sustainability: Heightened environmental awareness has prompted industries to consider the sustainability and eco-friendliness of their products and processes. The plastic fasteners market faces the challenge of balancing the benefits of plastics, such as lightweight and corrosion resistance, with the concerns surrounding plastic waste and environmental impact. Manufacturers are under pressure to adopt sustainable practices throughout the product lifecycle, from material sourcing and production to end-of-life considerations.

Key Market Trends

1. Lightweight and High-Performance Materials: One prominent trend in the plastic fasteners market is the development of lightweight yet high-performance materials. Traditional metal fasteners have long been the go-to choice for their strength and durability. However, as industries seek ways to reduce overall product weight for improved efficiency and fuel economy, plastic fasteners are emerging as a viable alternative. Manufacturers are increasingly utilizing advanced engineering polymers and composites that offer impressive mechanical properties while remaining lightweight.

2. Customized and Innovative Designs: As industries become more specialized and complex, the demand for customized and innovative plastic fastener designs is on the rise. Manufacturers are responding by offering a diverse range of fastener shapes, sizes, and configurations to meet specific application requirements. Additionally, 3D printing and additive manufacturing technologies are enabling the creation of highly customized plastic fasteners.

3. Sustainability and Eco-Friendly Solutions: Sustainability concerns have significantly influenced the plastic fasteners market. Manufacturers are focusing on developing sustainable solutions that align with circular economy principles. Recycled and bio-based plastics are gaining traction as alternative materials for plastic fasteners. Additionally, some plastic fasteners are designed for easy disassembly and recycling, promoting a more efficient use of resources.

Segmental Insights

Type Insights

Rivets and push-in clips hold a substantial share within the global plastic fasteners market, driven by their wide-ranging applications, benefits, and contributions to various industries. They are essential components in industries like automotive, aerospace, electronics, consumer goods, and construction. Rivets and push-in clips offer efficient and rapid assembly solutions, contributing to cost savings in manufacturing processes. They provide secure fastening, even in demanding environments, and offer streamlined and unobtrusive solutions suitable for industries where aesthetics are important.

End-User Insights

The automotive sector plays a pivotal role in driving demand and

innovation in the plastic fasteners market. Plastic fasteners are crucial for lightweighting strategies, improving fuel efficiency, and reducing emissions. They streamline production, reduce labor costs, and contribute to faster assembly times. Plastic fasteners also dampen vibrations, reduce noise, and contribute to a quieter driving experience. Their corrosion resistance and design flexibility make them integral to automotive manufacturing.

Regional Insights

The Asia Pacific region commands a substantial share in the global plastic fasteners market. Rapid industrialization, urbanization, and infrastructural development drive the demand for plastic fasteners across various industries. The automotive and electronics sectors in the region fuel the demand for lightweight and corrosion-resistant fastening solutions. Additionally, the Asia Pacific region's cost-conscious markets find plastic fasteners appealing due to their competitive pricing and versatility. The region's investment in infrastructure projects also contributes to the substantial market share of plastic fasteners.

 

Recent Developments

  • In 2021, 3M Company completed the acquisition of MModal, a prominent healthcare technology company, for a substantial sum of USD1.0 billion. This strategic move aimed to bolster 3M's presence in the healthcare industry and provide customers with innovative solutions.
  • In 2021, Essentra plc introduced the MCT Series, a cutting-edge range of Cable Ties. These meticulously designed cable ties are specifically engineered to withstand harsh environmental conditions, boasting a UV-resistant nylon 66 material. With an array of sizes and impressive tensile strengths, this series caters to diverse needs.
  • In 2020, SABIC unveiled the NORYL GTX Series, a groundbreaking line of thermoplastic composite fasteners. Engineered to excel in automotive and industrial applications, these fasteners combine glass fiber with Polyphenylene ether (PPE) resin, resulting in exceptional strength and impact resistance.
  • In 2020, Bossard Group successfully acquired Boye & Co., a renowned Swedish company specializing in fastening technology. This strategic acquisition aimed to expand Bossard's product portfolio and reinforce its market position in the fastening technology sector.
  • In 2020, Penn Engineering completed the acquisition of Heyco Products Inc., a reputable U.S. company renowned for its wire protection products. This strategic move aimed to broaden Penn Engineering's range of offerings and strengthen its foothold in the wire protection market.

Key Market Players

  • 3M Company
  • Essentra plc
  • Dupont de Nemours, Inc.
  • Bossard Group
  • Arkema S.A.
  • Penn Engineering
  • ITW Fastex
  • Nifco Inc.
  • Avery Dennison Corporation
  • Sumitomo Chemical Co., Ltd.

By Type

By End-User

By Region
  • Rivets & Push-In Clips
  • Cable Clips & Ties
  • Threaded Fasteners
  • Washers & Spacers
  • Grommets & Bushings
  • Wall Plugs
  • Others          
  • Automotive
  • Electrical & Electronics
  • Building & Construction
  • Others     
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the global plastic fasteners market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

·         Global Plastic Fasteners Market, By Type:

o   Rivets & Push-In Clips

o   Cable Clips & Ties

o   Threaded Fasteners

o   Washers & Spacers

o   Grommets & Bushings

o   Wall Plugs

o   Others                                    

·         Global Plastic Fasteners Market, By End-User:

o   Automotive

o   Electrical & Electronics

o   Building & Construction

o   Others                                                                                

·         Global Plastic Fasteners Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Asia-Pacific

§  China

§  India

§  Japan

§  South Korea

§  Vietnam

o   Europe

§  Germany

§  France

§  United Kingdom

§  Italy

§  Spain

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  Saudi Arabia

§  UAE

§  South Africa

§  Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global plastic fasteners market.

Available Customizations:

Global Plastic Fasteners Market report with the given market data, Tech Sci 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).

Global Plastic Fasteners Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]               

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

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.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Global Plastic Fasteners Market Outlook

4.1.  Market Size & Forecast

4.1.1.     By Value

4.2.  Market Share & Forecast

4.2.1.     By Type Market Share Analysis (Rivets & Push-In Clips, Cable Clips & Ties, Threaded Fasteners, Washers & Spacers, Grommets & Bushings, Wall Plugs and Others)

4.2.2.     By End-User Market Share Analysis (Automotive, Electrical & Electronics, Building & Construction, and Others)

4.2.3.     By Regional Market Share Analysis

4.2.3.1.         North America Market Share Analysis

4.2.3.2.         South America Market Share Analysis

4.2.3.3.         Middle East & Africa Market Share Analysis

4.2.3.4.         Europe Market Share Analysis

4.2.3.5.         Asia-Pacific Market Share Analysis

4.2.4.     By Top 5 Companies Market Share Analysis, Others (2022)

4.3.  Global Plastic Fasteners Market Mapping & Opportunity Assessment

4.3.1.     By Type Mapping & Opportunity Assessment

4.3.2.     By End-User Mapping & Opportunity Assessment

4.3.3.     By Regional Market Mapping & Opportunity Assessment

5.    North America Plastic Fasteners Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value

5.2.  Market Share & Forecast

5.2.1.     By Type Market Share Analysis

5.2.2.     By End-User Market Share Analysis

5.2.3.     By Country Market Share Analysis

5.2.3.1.         United States Plastic Fasteners Market Outlook

5.2.3.1.1.             Market Size & Forecast

5.2.3.1.1.1. By Value

5.2.3.1.2.             Market Share & Forecast

5.2.3.1.2.1. By Type Market Share Analysis

5.2.3.1.2.2. By End-User Market Share Analysis

5.2.3.2.         Canada Plastic Fasteners Market Outlook

5.2.3.2.1.             Market Size & Forecast

5.2.3.2.1.1. By Value

5.2.3.2.2.             Market Share & Forecast

5.2.3.2.2.1. By Type Market Share Analysis

5.2.3.2.2.2. By End-User Market Share Analysis

5.2.3.3.         Mexico Plastic Fasteners Market Outlook

5.2.3.3.1.             Market Size & Forecast

5.2.3.3.1.1. By Value

5.2.3.3.2.             Market Share & Forecast

5.2.3.3.2.1. By Type Market Share Analysis

5.2.3.3.2.2. By End-User Market Share Analysis

6.    Europe Plastic Fasteners Market Outlook

6.1.  Market Size & Forecast          

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Type Market Share Analysis

6.2.2.     By End-User Market Share Analysis

6.2.3.     By Country Market Share Analysis

6.2.3.1.         France Plastic Fasteners Market Outlook

6.2.3.1.1.             Market Size & Forecast

6.2.3.1.1.1. By Value

6.2.3.1.2.             Market Share & Forecast

6.2.3.1.2.1. By Type Market Share Analysis

6.2.3.1.2.2. By End-User Market Share Analysis

6.2.3.2.         Germany Plastic Fasteners Market Outlook

6.2.3.2.1.             Market Size & Forecast

6.2.3.2.1.1. By Value

6.2.3.2.2.             Market Share & Forecast

6.2.3.2.2.1. By Type Market Share Analysis

6.2.3.2.2.2. By End-User Market Share Analysis

6.2.3.3.         Spain Plastic Fasteners Market Outlook

6.2.3.3.1.             Market Size & Forecast

6.2.3.3.1.1. By Value

6.2.3.3.2.             Market Share & Forecast

6.2.3.3.2.1. By Type Market Share Analysis

6.2.3.3.2.2. By End-User Market Share Analysis

6.2.3.4.         Italy Plastic Fasteners Market Outlook

6.2.3.4.1.             Market Size & Forecast

6.2.3.4.1.1. By Value

6.2.3.4.2.             Market Share & Forecast

6.2.3.4.2.1. By Type Market Share Analysis

6.2.3.4.2.2. By End-User Market Share Analysis

6.2.3.5.         United Kingdom Plastic Fasteners Market Outlook

6.2.3.5.1.             Market Size & Forecast

6.2.3.5.1.1. By Value

6.2.3.5.2.             Market Share & Forecast

6.2.3.5.2.1. By Type Market Share Analysis

6.2.3.5.2.2. By End-User Market Share Analysis

7.    Asia-Pacific Plastic Fasteners Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Type Market Share Analysis

7.2.2.     By End-User Market Share Analysis

7.2.3.     By Country Market Share Analysis

7.2.3.1.         China Plastic Fasteners Market Outlook

7.2.3.1.1.             Market Size & Forecast

7.2.3.1.1.1. By Value

7.2.3.1.2.             Market Share & Forecast

7.2.3.1.2.1. By Type Market Share Analysis

7.2.3.1.2.2. By End-User Market Share Analysis

7.2.3.2.         Japan Plastic Fasteners Market Outlook

7.2.3.2.1.             Market Size & Forecast

7.2.3.2.1.1. By Value

7.2.3.2.2.             Market Share & Forecast

7.2.3.2.2.1. By Type Market Share Analysis

7.2.3.2.2.2. By End-User Market Share Analysis

7.2.3.3.         India Plastic Fasteners Market Outlook

7.2.3.3.1.             Market Size & Forecast

7.2.3.3.1.1. By Value

7.2.3.3.2.             Market Share & Forecast

7.2.3.3.2.1. By Type Market Share Analysis

7.2.3.3.2.2. By End-User Market Share Analysis

7.2.3.4.         Vietnam Plastic Fasteners Market Outlook

7.2.3.4.1.             Market Size & Forecast

7.2.3.4.1.1. By Value

7.2.3.4.2.             Market Share & Forecast

7.2.3.4.2.1. By Type Market Share Analysis

7.2.3.4.2.2. By End-User Market Share Analysis

7.2.3.5.         South Korea Plastic Fasteners Market Outlook

7.2.3.5.1.             Market Size & Forecast

7.2.3.5.1.1. By Value

7.2.3.5.2.             Market Share & Forecast

7.2.3.5.2.1. By Type Market Share Analysis

7.2.3.5.2.2. By End-User Market Share Analysis

8.    Middle East & Africa Plastic Fasteners Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Type Market Share Analysis

8.2.2.     By End-User Market Share Analysis

8.2.3.     By Country Market Share Analysis

8.2.3.1.         South Africa Plastic Fasteners Market Outlook

8.2.3.1.1.             Market Size & Forecast

8.2.3.1.1.1. By Value

8.2.3.1.2.             Market Share & Forecast

8.2.3.1.2.1. By Type Market Share Analysis

8.2.3.1.2.2. By End-User Market Share Analysis

8.2.3.2.         Saudi Arabia Plastic Fasteners Market Outlook

8.2.3.2.1.             Market Size & Forecast

8.2.3.2.1.1. By Value

8.2.3.2.2.             Market Share & Forecast

8.2.3.2.2.1. By Type Market Share Analysis

8.2.3.2.2.2. By End-User Market Share Analysis

8.2.3.3.         UAE Plastic Fasteners Market Outlook

8.2.3.3.1.             Market Size & Forecast

8.2.3.3.1.1. By Value

8.2.3.3.2.             Market Share & Forecast

8.2.3.3.2.1. By Type Market Share Analysis

8.2.3.3.2.2. By End-User Market Share Analysis

9.    South America Plastic Fasteners Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Type Market Share Analysis

9.2.2.     By End-User Market Share Analysis

9.2.3.     By Country Market Share Analysis

9.2.3.1.         Argentina Plastic Fasteners Market Outlook

9.2.3.1.1.             Market Size & Forecast

9.2.3.1.1.1. By Value

9.2.3.1.2.             Market Share & Forecast

9.2.3.1.2.1. By Type Market Share Analysis

9.2.3.1.2.2. By End-User Market Share Analysis

9.2.3.2.         Colombia Plastic Fasteners Market Outlook

9.2.3.2.1.             Market Size & Forecast

9.2.3.2.1.1. By Value

9.2.3.2.2.             Market Share & Forecast

9.2.3.2.2.1. By Type Market Share Analysis

9.2.3.2.2.2. By End-User Market Share Analysis

9.2.3.3.         Brazil Plastic Fasteners Market Outlook

9.2.3.3.1.             Market Size & Forecast

9.2.3.3.1.1. By Value

9.2.3.3.2.             Market Share & Forecast

9.2.3.3.2.1. By Type Market Share Analysis

9.2.3.3.2.2. By End-User Market Share Analysis

10.  Market Dynamics

10.1.              Drivers

10.2.              Challenges

11.  Market Trends & Developments

12.  SWOT Analysis

12.1.              Strengths

12.2.              Weaknesses

12.3.              Opportunities

12.4.              Threats

13.  Competitive Landscape

13.1.              Company Profiles

13.1.1.  3M Company

13.1.1.1.      Company Details

13.1.1.2.      Products

13.1.1.3.      Financials (As Per Availability)

13.1.1.4.      Key Market Focus & Geographical Presence

13.1.1.5.      Recent Developments

13.1.1.6.      Key Management Personnel

13.1.2.  Essentra plc

13.1.2.1.      Company Details

13.1.2.2.      Products

13.1.2.3.      Financials (As Per Availability)

13.1.2.4.      Key Market Focus & Geographical Presence

13.1.2.5.      Recent Developments

13.1.2.6.      Key Management Personnel

13.1.3.  Dupont de Nemours, Inc.

13.1.3.1.      Company Details

13.1.3.2.      Products

13.1.3.3.      Financials (As Per Availability)

13.1.3.4.      Key Market Focus & Geographical Presence

13.1.3.5.      Recent Developments

13.1.3.6.      Key Management Personnel

13.1.4.  Bossard Group

13.1.4.1.      Company Details

13.1.4.2.      Products

13.1.4.3.      Financials (As Per Availability)

13.1.4.4.      Key Market Focus & Geographical Presence

13.1.4.5.      Recent Developments

13.1.4.6.      Key Management Personnel

13.1.5.  Arkema S.A.

13.1.5.1.      Company Details

13.1.5.2.      Products

13.1.5.3.      Financials (As Per Availability)

13.1.5.4.      Key Market Focus & Geographical Presence

13.1.5.5.      Recent Developments

13.1.5.6.      Key Management Personnel

13.1.6.  Penn Engineering

13.1.6.1.      Company Details

13.1.6.2.      Products

13.1.6.3.      Financials (As Per Availability)

13.1.6.4.      Key Market Focus & Geographical Presence

13.1.6.5.      Recent Developments

13.1.6.6.      Key Management Personnel  

13.1.7.  ITW Fastex

13.1.7.1.      Company Details

13.1.7.2.      Products

13.1.7.3.      Financials (As Per Availability)

13.1.7.4.      Key Market Focus & Geographical Presence

13.1.7.5.      Recent Developments

13.1.7.6.      Key Management Personnel

13.1.8.  Nifco Inc.

13.1.8.1.      Company Details

13.1.8.2.      Products

13.1.8.3.      Financials (As Per Availability)

13.1.8.4.      Key Market Focus & Geographical Presence

13.1.8.5.      Recent Developments

13.1.8.6.      Key Management Personnel

13.1.9.  Avery Dennison Corporation

13.1.9.1.      Company Details

13.1.9.2.      Products

13.1.9.3.      Financials (As Per Availability)

13.1.9.4.      Key Market Focus & Geographical Presence

13.1.9.5.      Recent Developments

13.1.9.6.      Key Management Personnel

13.1.10.                Sumitomo Chemical Co., Ltd.

13.1.10.1.    Company Details

13.1.10.2.    Products

13.1.10.3.    Financials (As Per Availability)

13.1.10.4.    Key Market Focus & Geographical Presence

13.1.10.5.    Recent Developments

13.1.10.6.    Key Management Personnel

14.  Strategic Recommendations/Action Plan

14.1.              Key Focus Areas

14.2.              Target Type

14.3.              Target End-User

15. About Us & Disclaimer

Figures and Tables

Frequently asked questions

down-arrow

The market size of the global plastic fasteners market is estimated to be USD6.03 billion in 2022.

down-arrow

The growth of the global plastic fasteners market is driven by factors such as increasing demand for lightweight materials, expansion of automotive and electronics industries, cost-effectiveness of plastic solutions, and a surge in infrastructure projects that require efficient and reliable fastening solutions.

down-arrow

Trends in the global plastic fasteners market include a shift towards lightweight and high-performance materials, innovative custom designs catering to industry-specific needs, and a growing emphasis on sustainability through the adoption of recycled and bio-based plastics to meet environmental demands.

down-arrow

The global plastic fasteners market faces challenges related to maintaining high-performance standards while reducing environmental impact, addressing compatibility concerns with different materials, and navigating stringent industry regulations to ensure safety and reliability in various applications.

Related Reports

profile

Parvati Sharma

Account Manager BD
Press Release

Global Plastic Fasteners Market to Grow with a CAGR of 6.2% through 2028

Nov, 2023

The plastic fasteners market is driven by a combination of factors that address the evolving demands of industries seeking lightweight, corrosion-resistant, cost-effective, and versatile fastening so

Why Choose Us