Growing construction spending coupled with increasing demand for fasteners in automotive industry is expected to boost the global industrial fasteners market is expected to reach $104.32 billion by 2020, according to a new study.
Economic growth and industrialisation in emerging markets of China, Brazil, Saudi Arabia, Australia, Indonesia and India is expected to drive demand for fasteners over the next six years, added the new “Global Industrial Fasteners Market Analysis, Size and Segment Forecasts To 2020″ released by Grand View Research, a US-based market research and consulting company.(…)