The Global Market for Industrial Fasteners is Forecast to Reach US$99 Billion by 2024
Continuous Technological and Design Innovations Drives Growth in the Global Industrial Fasteners Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size, and demand forecasts on the global Industrial Fasteners market. The global market for Industrial Fasteners is forecast to reach US$99 billion by 2024 , driven by increasing use of novel threaded and plastic fasteners, focus on safety leading to tool innovations , and growing demand from key end-user industries - automotive and aerospace. Industrial fasteners are devices that mechanically connect two or more surfaces, parts or components, to enable highly reliable and superior quality end products. Common fastener types include screws, rivets, chips, bolts, nails, nuts, washers, and pins that find applications in industries such as machineries, automotive, consumer electronics, mining, construction, marine, aerospa...