Fasteners - Market Overview
According to Grand View Research, the global fasteners industry will be worth US $104 billion by 2020 and US $120 billion by 2023. This robust growth and increasing demand for fasteners is being driven by a growing demand for automobiles, aircraft, electronic appliances, industrial machinery and medical equipment. Economic and industrial growth in countries including the US, China, Brazil, Russia, Poland and India will further increase the demand for fasteners.
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