Worldwide demand for industrial fasteners is forecast to climb 5.4 percent annually through 2018 to $93.8 billion, accelerating from the 2008-2013 pace. According to the “Worldwide Industrial Fasteners” study released by ReportLinker, increases in motor vehicle, machinery, and other durable goods production will support growth in fastener markets as the global economy expands and fixed investment expenditures rise. In addition, product prices will climb at a faster pace than during the 2008-2013 period.(…)
via World demand for industrial fasteners to rise 5.4 percent annually through 2018 – TheFabricator.com.