The automotive nuts market alone is so huge and growing very rapidly which produces over 26 billion nuts worldwide. This industry make use of innumerable techniques like heading, forming, upsetting, extruding and forging to produce carbon or alloy steels based nuts. The trend of producing nuts for automobiles have underwent notable changes in terms of manufacturing improvements, automated technology, and towering demands. United States and Taiwan are the largest producers of these highly engineered components in the global market representing a share of around 50 percent. Textron Fastening Systems, ITW, Rugg and Barnes are the front runners in the automotive nuts market.