Rising Demand and Growth Trends- Automotive Plastic Fasteners Market
According to TechSci Research report, “ Automotive Plastic Fasteners Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Automotive Plastic Fasteners Market stood at USD 2.74 Billion in 2022 and is anticipated to grow with a CAGR of 7.74% in the forecast period, 2024-2028. The global automotive plastic fasteners market is experiencing significant growth due to several key drivers. One of the primary drivers is the increasing demand for lightweight vehicles. Automakers are constantly striving to reduce the weight of vehicles to improve fuel efficiency and meet stringent emission regulations. Plastic fasteners offer a lightweight alternative to traditional metal fasteners, contributing to overall weight reduction in vehicles. Another driver for the market is the cost-effectiveness of plastic fasteners. Compared to metal fasteners, plastic fasteners are generally more affordable, making them an attractive...