Industrial Fasteners Market Industry News, Trends, Share, Growth, Opportunity and Forecast-2033

Research Nester17 Apr, 2023News

The global industrial fasteners market is anticipated to grow with a CAGR of ~5% during the forecast period, i.e., 2023-2033. The market is segmented by material type into metals and plastic. Out of these segments, the metals segment is anticipated to garner the largest market share over the forecast period, owing to the expansion of railway industry. In addition, increasing freight traffic in railways is also expected to boost the growth of the segment in the coming years.