According to a new market report published by Transparency Market Research ‘ Global Industrial Fasteners Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 – 2019’, the market was valued at USD 11.16 billion in 2012, and is expected to reach USD 15.90 billion by 2019, growing at a CAGR of 5.2% from 2013 to 2019. Lack of adequate power infrastructure and increasing demand for reliable electricity delivery are the major driving forces of this market.(…)
