South Korea Automotive Fasteners Market Insight
Published: 13 June 2026 | Report Format: Electronic (PDF)
The South Korea automotive fasteners market will grow at a rate of 5.24% due to increasing vehicle production, rising demand for lightweight automotive components, growing adoption of electric vehicles, and continuous advancements in high-strength fastening technologies for modern vehicle assembly.
South Korea Automotive Fasteners Market Insights Forecasts to 2035
- The South Korea Automotive Fasteners Market Size Was Estimated USD 5.4 Billion in 2025
- The Market Size is Expected to Grow at a CAGR of around 5.24% from 2025 to 2035
- The South Korea Automotive Fasteners Market Size is Expected to rise around USD 9.0 Billion by 2035
Notable Insights for the South Korea Automotive Fasteners Market
- Segmentation on the basis of Product Type indicates that Threaded Fasteners segment holds the dominant position in the South Korea Automotive Fasteners Market in 2025 with a market share of nearly 59% due to extensive use in vehicle body assembly.
- Segmentation on the basis of Vehicle Type indicates that Passenger Vehicles segment holds the dominant position in the South Korea Automotive Fasteners Market in 2025 with a market share of around 64% due to strong domestic vehicle production.
- World-wide projected revenue of Illinois Tool Works Inc. in fiscal year 2025 would be around $16.5 billion, owing to strong demand for engineered fastening solutions, automotive assembly technologies, and industrial components.
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- It is expected that increasing investments in lightweight vehicle architectures, would contribute to driving the growth of the market, where advanced automotive fasteners improve assembly efficiency by up to 24% and reduce vehicle weight by up to 12%.
Why Buy This Report
- Gives an in-depth analysis of the impact of trends in vehicle lightweighting, electric vehicle manufacturing, and advanced assembly technologies on the South Korea Automotive Fasteners Market growth.
- Provides strategic insights regarding technology innovation such as high-strength steel fasteners, lightweight aluminum fastening systems, corrosion-resistant coatings, and automated fastening technologies.
- Assists players to analyze competitive benchmarking, investment in automotive component manufacturing, expansion of fastening product portfolios, and innovation strategies adopted by leading automotive fastener manufacturers.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea Automotive Fasteners Market, along with a comparative evaluation primarily based on their product of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
Top Companies in South Korea Automotive Fasteners Market
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- Illinois Tool Works Inc.
- Stanley Black & Decker, Inc.
- Nifco Inc.
- Bulten AB
- KAMAX Holding GmbH & Co. KG
- Sundram Fasteners Limited
- Agrati Group
- Fontana Gruppo
- Bollhoff Group
- Aoyama Seisakusho Co., Ltd.
Recent Developments:
- In November 2025, Bulten AB expanded its portfolio of lightweight fastening solutions specifically designed for electric vehicles and advanced automotive assembly applications.
- In August 2025, KAMAX Holding GmbH & Co. KG introduced next-generation high-strength steel fasteners engineered to improve vehicle safety, durability, and manufacturing efficiency.
Market Segmentation:
South Korea Automotive Fasteners Market, By Product Type
- Threaded Fasteners
- Nuts
- Bolts
- Screws
- Rivets
- Clips & Retainer
South Korea Automotive Fasteners Market, By Material Type
- Steel Fasteners
- Stainless Steel Fasteners
- Aluminum Fasteners
- Brass Fasteners
- Plastic & Composite Fasteners
South Korea Automotive Fasteners Market, By Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
- Electric Vehicles
- Hybrid Vehicles
- Heavy-Duty Vehicles
South Korea Automotive Fasteners Market, By Application
- Body Structure Assembly
- Engine Components
- Interior Components
- Chassis Systems
- Electrical & Electronic Systems
Expert Views:
The South Korea Automotive Fasteners Market is expected to witness steady growth due to increasing vehicle production, expansion of electric vehicle manufacturing, and rising demand for lightweight yet durable fastening solutions. Advancements in corrosion-resistant coatings, high-strength materials, and automated fastening technologies are expected to improve manufacturing efficiency and vehicle performance. Growing investments in automotive innovation and smart manufacturing processes will continue to drive demand for advanced fasteners across passenger vehicles, commercial vehicles, and electric mobility applications throughout the forecast period.
Author: Govind and Krishna By Decisions Advisors and Consulting