Industry Insights Global industrial fasteners market is expected to witness significant demand growth over the next six years on account of increasing demand for fasteners in automotive industry. In addition, growing construction industry as a result of economic growth and industrialization in emerging markets including China, Brazil, Russia, Poland, U.S. and India is expected to further drive fasteners demand. Increasing consumption in electrical and electronics, aerospace, machinery and MRO applications is anticipated to fuel industrial fasteners market growth over the forecast period. Rising motor vehicles demand on account of increasing disposable income is expected to propel need for fasteners in automotive OEM.(…)
