Global Industrial Fasteners Market - Industry Analysis and Forecast (2027)

Mkashid30 Jun, 2021Business

Growing mechanization and industrialization across the globe, increasing demand for numerous machinery and equipment is expected to boost the growth in the global industrial fasteners market. Increasing demand for fasteners in the automotive industry, coupled with a rise in construction and manufacturing expenditure in emerging countries like China, and India, is projected to increase the demand for industrial fasteners. Furthermore, the fluctuation in the cost of the raw material is limiting the growth of the global industrial fasteners market.