LAMEA Automotive Fasteners Market Size, Share & Industry Trends Analysis Report By Type (Threaded, and Non-Threaded), By Material Type, By Characteristic (Removable, and Fixed), By Vehicle Type, By Country and Growth Forecast, 2023 - 2030

The Latin America, Middle East and Africa Automotive Fasteners Market would witness market growth of 7.5% CAGR during the forecast period (2023-2030).

The need for lightweight automotive fasteners in the luxury or premium vehicle industry is rising as demand for vehicles' performance and fuel economy rises. In addition, instead of employing aluminum and steel, manufacturers of automobile fasteners are focusing on using magnesium, one of the lightest materials, as a fastener material.

Additionally, manufacturers now use rotating hammer riveting (RHR), a friction-based riveting technique, to build vehicles, saving time and money because it avoids the need to pre-heat the metals. Therefore, the market is driven by the adoption of lightweight materials and cutting-edge technologies.

The market is primarily driven by the expanding automotive sector and the fasteners' critical importance in various automobiles. Mechanical developments, fastener durability, and quality improvement are also driving market factors. The simplicity with which fasteners may be removed from automobiles makes it possible for end users to purchase fasteners for their vehicles. Also, the demand for lightweight automobiles is steadily increasing, which will move preference away from welding and toward automotive fasteners.

According to the International Trade Administration, the Middle East and North Africa (MENA) region is expanding at 36%, with Saudi Arabia serving as the principal regional industry. In the Gulf Cooperation Council (GCC) and the MENA region, Saudi Arabia sold over 52% and 35% of the automobiles sold in 2020. Saudi Arabia sold 556,000 and 436,000 vehicles in 2019 and 2020, respectively. By 2025, sales are expected to total 543,000 units, with just 32,000 vehicles being electric cars (EVs). With the growing automotive industry, the market is predicted to witness significant growth.

The Brazil market dominated the LAMEA Automotive Fasteners Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $549.9 Million by 2030. The Argentina market is showcasing a CAGR of 8.1% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 7.2% during (2023 - 2030).

Based on Type, the market is segmented into Threaded, and Non-Threaded. Based on Material Type, the market is segmented into Metal, and Plastic. Based on Characteristic, the market is segmented into Removable, and Fixed. Based on Vehicle Type, the market is segmented into Passenger Car, and Commercial Vehicles. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Worldwide Automotive Fasteners Market is Projected to reach USD 33 Billion by 2030, at a CAGR of 5.6%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Bulten AB, KAMAX Holding GmbH & Co. KG, Stanley Black & Decker, Inc., Berkshire Hathaway, Inc., Illinois Tool Works Inc., SFS Group AG, LISI GROUP, Westfield Fasteners Ltd, Shanghai Prime Machinery Co., Ltd. (Shanghai Electric Group Company Limited) and Sundram Fasteners Limited (TVS Group).

Scope of the Study

Market Segments Covered in the Report:

By Type

• Threaded
• Non-Threaded

By Material Type

• Metal
• Plastic

By Characteristic

• Removable
• Fixed

By Vehicle Type

• Passenger Car
• Commercial Vehicles

By Country

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

• Bulten AB
• KAMAX Holding GmbH & Co. KG
• Stanley Black & Decker, Inc.
• Berkshire Hathaway, Inc.
• Illinois Tool Works Inc.
• SFS Group AG
• LISI GROUP
• Westfield Fasteners Ltd
• Shanghai Prime Machinery Co., Ltd. (Shanghai Electric Group Company Limited)
• Sundram Fasteners Limited (TVS Group)

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Automotive Fasteners Market, by Type
1.4.2 LAMEA Automotive Fasteners Market, by Material Type
1.4.3 LAMEA Automotive Fasteners Market, by Characteristic
1.4.4 LAMEA Automotive Fasteners Market, by Vehicle Type
1.4.5 LAMEA Automotive Fasteners Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis

Chapter 4. Strategies Deployed in Automotive Fasteners Market

Chapter 5. LAMEA Automotive Fasteners Market by Type
5.1 LAMEA Threaded Market by Country
5.2 LAMEA Non-Threaded Market by Country

Chapter 6. LAMEA Automotive Fasteners Market by Material Type
6.1 LAMEA Metal Market by Country
6.2 LAMEA Plastic Market by Country

Chapter 7. LAMEA Automotive Fasteners Market by Characteristic
7.1 LAMEA Removable Market by Country
7.2 LAMEA Fixed Market by Country

Chapter 8. LAMEA Automotive Fasteners Market by Vehicle Type
8.1 LAMEA Passenger Car Market by Country
8.2 LAMEA Commercial Vehicles Market by Country

Chapter 9. LAMEA Automotive Fasteners Market by Country
9.1 Brazil Automotive Fasteners Market
9.1.1 Brazil Automotive Fasteners Market by Type
9.1.2 Brazil Automotive Fasteners Market by Material Type
9.1.3 Brazil Automotive Fasteners Market by Characteristic
9.1.4 Brazil Automotive Fasteners Market by Vehicle Type
9.2 Argentina Automotive Fasteners Market
9.2.1 Argentina Automotive Fasteners Market by Type
9.2.2 Argentina Automotive Fasteners Market by Material Type
9.2.3 Argentina Automotive Fasteners Market by Characteristic
9.2.4 Argentina Automotive Fasteners Market by Vehicle Type
9.3 UAE Automotive Fasteners Market
9.3.1 UAE Automotive Fasteners Market by Type
9.3.2 UAE Automotive Fasteners Market by Material Type
9.3.3 UAE Automotive Fasteners Market by Characteristic
9.3.4 UAE Automotive Fasteners Market by Vehicle Type
9.4 Saudi Arabia Automotive Fasteners Market
9.4.1 Saudi Arabia Automotive Fasteners Market by Type
9.4.2 Saudi Arabia Automotive Fasteners Market by Material Type
9.4.3 Saudi Arabia Automotive Fasteners Market by Characteristic
9.4.4 Saudi Arabia Automotive Fasteners Market by Vehicle Type
9.5 South Africa Automotive Fasteners Market
9.5.1 South Africa Automotive Fasteners Market by Type
9.5.2 South Africa Automotive Fasteners Market by Material Type
9.5.3 South Africa Automotive Fasteners Market by Characteristic
9.5.4 South Africa Automotive Fasteners Market by Vehicle Type
9.6 Nigeria Automotive Fasteners Market
9.6.1 Nigeria Automotive Fasteners Market by Type
9.6.2 Nigeria Automotive Fasteners Market by Material Type
9.6.3 Nigeria Automotive Fasteners Market by Characteristic
9.6.4 Nigeria Automotive Fasteners Market by Vehicle Type
9.7 Rest of LAMEA Automotive Fasteners Market
9.7.1 Rest of LAMEA Automotive Fasteners Market by Type
9.7.2 Rest of LAMEA Automotive Fasteners Market by Material Type
9.7.3 Rest of LAMEA Automotive Fasteners Market by Characteristic
9.7.4 Rest of LAMEA Automotive Fasteners Market by Vehicle Type

Chapter 10. Company Profiles
10.1 Bulten AB
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Regional Analysis
10.1.4 Recent strategies and developments:
10.1.4.1 Acquisition and Mergers:
10.1.4.2 Geographical Expansions:
10.1.5 SWOT Analysis
10.2 KAMAX Holding GmbH & Co. KG
10.2.1 Company Overview
10.2.2 Recent strategies and developments:
10.2.2.1 Acquisition and Mergers:
10.2.3 SWOT Analysis
10.3 SFS Group AG
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expenses
10.3.5 Recent strategies and developments:
10.3.5.1 Acquisition and Mergers:
10.3.6 SWOT Analysis
10.4 Westfield Fasteners Ltd
10.4.1 Company Overview
10.4.2 SWOT Analysis
10.5 Shanghai Prime Machinery Co.,Ltd. (Shanghai Electric Group Company Limited)
10.5.1 Company Overview
10.5.2 SWOT Analysis
10.6 Sundram Fasteners Limited (TVS Group)
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 SWOT Analysis
10.7 Berkshire Hathaway, Inc.
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.8 LISI GROUP
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Research & Development Expenses
10.8.4 Recent strategies and developments:
10.8.4.1 Partnerships, Collaborations, and Agreements:
10.8.4.2 Acquisition and Mergers:
10.8.5 SWOT Analysis
10.9 Stanley Black & Decker, Inc.
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research & Development Expenses
10.9.5 SWOT Analysis
10.10. Illinois Tools Works, Inc.
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Research & Development Expenses

TABLE 1 LAMEA Automotive Fasteners Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Automotive Fasteners Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Automotive Fasteners Market by Type, 2019 - 2022, USD Million
TABLE 4 LAMEA Automotive Fasteners Market by Type, 2023 - 2030, USD Million
TABLE 5 LAMEA Threaded Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Threaded Market by Country, 2023 - 2030, USD Million
TABLE 7 LAMEA Non-Threaded Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Non-Threaded Market by Country, 2023 - 2030, USD Million
TABLE 9 LAMEA Automotive Fasteners Market by Material Type, 2019 - 2022, USD Million
TABLE 10 LAMEA Automotive Fasteners Market by Material Type, 2023 - 2030, USD Million
TABLE 11 LAMEA Metal Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Metal Market by Country, 2023 - 2030, USD Million
TABLE 13 LAMEA Plastic Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Plastic Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Automotive Fasteners Market by Characteristic, 2019 - 2022, USD Million
TABLE 16 LAMEA Automotive Fasteners Market by Characteristic, 2023 - 2030, USD Million
TABLE 17 LAMEA Removable Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Removable Market by Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Fixed Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Fixed Market by Country, 2023 - 2030, USD Million
TABLE 21 LAMEA Automotive Fasteners Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 22 LAMEA Automotive Fasteners Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 23 LAMEA Passenger Car Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Passenger Car Market by Country, 2023 - 2030, USD Million
TABLE 25 LAMEA Commercial Vehicles Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Commercial Vehicles Market by Country, 2023 - 2030, USD Million
TABLE 27 LAMEA Automotive Fasteners Market by Country, 2019 - 2022, USD Million
TABLE 28 LAMEA Automotive Fasteners Market by Country, 2023 - 2030, USD Million
TABLE 29 Brazil Automotive Fasteners Market, 2019 - 2022, USD Million
TABLE 30 Brazil Automotive Fasteners Market, 2023 - 2030, USD Million
TABLE 31 Brazil Automotive Fasteners Market by Type, 2019 - 2022, USD Million
TABLE 32 Brazil Automotive Fasteners Market by Type, 2023 - 2030, USD Million
TABLE 33 Brazil Automotive Fasteners Market by Material Type, 2019 - 2022, USD Million
TABLE 34 Brazil Automotive Fasteners Market by Material Type, 2023 - 2030, USD Million
TABLE 35 Brazil Automotive Fasteners Market by Characteristic, 2019 - 2022, USD Million
TABLE 36 Brazil Automotive Fasteners Market by Characteristic, 2023 - 2030, USD Million
TABLE 37 Brazil Automotive Fasteners Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 38 Brazil Automotive Fasteners Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 39 Argentina Automotive Fasteners Market, 2019 - 2022, USD Million
TABLE 40 Argentina Automotive Fasteners Market, 2023 - 2030, USD Million
TABLE 41 Argentina Automotive Fasteners Market by Type, 2019 - 2022, USD Million
TABLE 42 Argentina Automotive Fasteners Market by Type, 2023 - 2030, USD Million
TABLE 43 Argentina Automotive Fasteners Market by Material Type, 2019 - 2022, USD Million
TABLE 44 Argentina Automotive Fasteners Market by Material Type, 2023 - 2030, USD Million
TABLE 45 Argentina Automotive Fasteners Market by Characteristic, 2019 - 2022, USD Million
TABLE 46 Argentina Automotive Fasteners Market by Characteristic, 2023 - 2030, USD Million
TABLE 47 Argentina Automotive Fasteners Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 48 Argentina Automotive Fasteners Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 49 UAE Automotive Fasteners Market, 2019 - 2022, USD Million
TABLE 50 UAE Automotive Fasteners Market, 2023 - 2030, USD Million
TABLE 51 UAE Automotive Fasteners Market by Type, 2019 - 2022, USD Million
TABLE 52 UAE Automotive Fasteners Market by Type, 2023 - 2030, USD Million
TABLE 53 UAE Automotive Fasteners Market by Material Type, 2019 - 2022, USD Million
TABLE 54 UAE Automotive Fasteners Market by Material Type, 2023 - 2030, USD Million
TABLE 55 UAE Automotive Fasteners Market by Characteristic, 2019 - 2022, USD Million
TABLE 56 UAE Automotive Fasteners Market by Characteristic, 2023 - 2030, USD Million
TABLE 57 UAE Automotive Fasteners Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 58 UAE Automotive Fasteners Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 59 Saudi Arabia Automotive Fasteners Market, 2019 - 2022, USD Million
TABLE 60 Saudi Arabia Automotive Fasteners Market, 2023 - 2030, USD Million
TABLE 61 Saudi Arabia Automotive Fasteners Market by Type, 2019 - 2022, USD Million
TABLE 62 Saudi Arabia Automotive Fasteners Market by Type, 2023 - 2030, USD Million
TABLE 63 Saudi Arabia Automotive Fasteners Market by Material Type, 2019 - 2022, USD Million
TABLE 64 Saudi Arabia Automotive Fasteners Market by Material Type, 2023 - 2030, USD Million
TABLE 65 Saudi Arabia Automotive Fasteners Market by Characteristic, 2019 - 2022, USD Million
TABLE 66 Saudi Arabia Automotive Fasteners Market by Characteristic, 2023 - 2030, USD Million
TABLE 67 Saudi Arabia Automotive Fasteners Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 68 Saudi Arabia Automotive Fasteners Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 69 South Africa Automotive Fasteners Market, 2019 - 2022, USD Million
TABLE 70 South Africa Automotive Fasteners Market, 2023 - 2030, USD Million
TABLE 71 South Africa Automotive Fasteners Market by Type, 2019 - 2022, USD Million
TABLE 72 South Africa Automotive Fasteners Market by Type, 2023 - 2030, USD Million
TABLE 73 South Africa Automotive Fasteners Market by Material Type, 2019 - 2022, USD Million
TABLE 74 South Africa Automotive Fasteners Market by Material Type, 2023 - 2030, USD Million
TABLE 75 South Africa Automotive Fasteners Market by Characteristic, 2019 - 2022, USD Million
TABLE 76 South Africa Automotive Fasteners Market by Characteristic, 2023 - 2030, USD Million
TABLE 77 South Africa Automotive Fasteners Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 78 South Africa Automotive Fasteners Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 79 Nigeria Automotive Fasteners Market, 2019 - 2022, USD Million
TABLE 80 Nigeria Automotive Fasteners Market, 2023 - 2030, USD Million
TABLE 81 Nigeria Automotive Fasteners Market by Type, 2019 - 2022, USD Million
TABLE 82 Nigeria Automotive Fasteners Market by Type, 2023 - 2030, USD Million
TABLE 83 Nigeria Automotive Fasteners Market by Material Type, 2019 - 2022, USD Million
TABLE 84 Nigeria Automotive Fasteners Market by Material Type, 2023 - 2030, USD Million
TABLE 85 Nigeria Automotive Fasteners Market by Characteristic, 2019 - 2022, USD Million
TABLE 86 Nigeria Automotive Fasteners Market by Characteristic, 2023 - 2030, USD Million
TABLE 87 Nigeria Automotive Fasteners Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 88 Nigeria Automotive Fasteners Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 89 Rest of LAMEA Automotive Fasteners Market, 2019 - 2022, USD Million
TABLE 90 Rest of LAMEA Automotive Fasteners Market, 2023 - 2030, USD Million
TABLE 91 Rest of LAMEA Automotive Fasteners Market by Type, 2019 - 2022, USD Million
TABLE 92 Rest of LAMEA Automotive Fasteners Market by Type, 2023 - 2030, USD Million
TABLE 93 Rest of LAMEA Automotive Fasteners Market by Material Type, 2019 - 2022, USD Million
TABLE 94 Rest of LAMEA Automotive Fasteners Market by Material Type, 2023 - 2030, USD Million
TABLE 95 Rest of LAMEA Automotive Fasteners Market by Characteristic, 2019 - 2022, USD Million
TABLE 96 Rest of LAMEA Automotive Fasteners Market by Characteristic, 2023 - 2030, USD Million
TABLE 97 Rest of LAMEA Automotive Fasteners Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 98 Rest of LAMEA Automotive Fasteners Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 99 Key Information – Bulten AB
TABLE 100 Key Information – KAMAX Holding GmbH & Co. KG
TABLE 101 Key Information – SFS Group AG
TABLE 102 Key Information – Westfield Fasteners Ltd
TABLE 103 Key Information – Shanghai Prime Machinery Co.,Ltd.
TABLE 104 Key Information – Sundram Fasteners Limited
TABLE 105 Key Information – Berkshire Hathaway, Inc.
TABLE 106 Key Information – LISI GROUP
TABLE 107 Key Information – Stanley Black & Decker, Inc.
TABLE 108 Key Information – Illinois Tool Works, Inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Automotive Fasteners Market, 2019 - 2030, USD Million
FIG 3 Key Impacting Factors automotive fasteners market
FIG 4 Porter’s Five Forces Analysis – Automotive Fasteners Market
FIG 5 LAMEA Automotive Fasteners Market share by Type, 2022
FIG 6 LAMEA Automotive Fasteners Market share by Type, 2030
FIG 7 LAMEA Automotive Fasteners Market by Type, 2019 - 2030, USD Million
FIG 8 LAMEA Automotive Fasteners Market share by Material Type, 2022
FIG 9 LAMEA Automotive Fasteners Market share by Material Type, 2030
FIG 10 LAMEA Automotive Fasteners Market by Material Type, 2019 - 2030, USD Million
FIG 11 LAMEA Automotive Fasteners Market share by Characteristic, 2022
FIG 12 LAMEA Automotive Fasteners Market share by Characteristic, 2030
FIG 13 LAMEA Automotive Fasteners Market by Characteristic, 2019 - 2030, USD Million
FIG 14 LAMEA Automotive Fasteners Market share by Vehicle Type, 2022
FIG 15 LAMEA Automotive Fasteners Market share by Vehicle Type, 2030
FIG 16 LAMEA Automotive Fasteners Market by Vehicle Type, 2019 - 2030, USD Million
FIG 17 LAMEA Automotive Fasteners Market share by Country, 2022
FIG 18 LAMEA Automotive Fasteners Market share by Country, 2030
FIG 19 LAMEA Automotive Fasteners Market by Country, 2019 - 2030, USD Million
FIG 20 Recent strategies and developments: Bulten AB
FIG 21 Swot Analysis: Bulten AB
FIG 22 Swot Analysis: KAMAX Holding GmbH & Co. KG
FIG 23 Swot Analysis: SFS Group AG
FIG 24 Swot Analysis: Westfield Fasteners Ltd
FIG 25 Swot Analysis: Shanghai Prime Machinery Co., Ltd.
FIG 26 Swot Analysis: Sundram Fasteners Limited
FIG 27 Swot Analysis: LISI GROUP
FIG 28 Swot Analysis: Stanley Black & Decker, Inc.