World Industrial Fastener Demandto Rise 5.4% Yearly Through 2018According to the industry study,World Industrial Fasteners, produced byThe Freedonia Group, Cleveland, OH, USA, worldwide demand for industrialfasteners is forecast to climb 5.4% annually through 2018 to US$93.8 billion,accelerating from the 2008-2013 pace. Increases in motor vehicle, machineryand other durable goods production will all support growth infastener markets as the global economy expands and fixedinvestment expenditures rise. In addition, product prices will climb at a fasterpace than during the 2008-2013 period, boosting demand in value terms.(…)
