Global Industrial Fasteners Market to Grow over 2011-2015
By Unknown , 2012-05-29 12:00:00
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TechNavio’s analysts forecast the Global Industrial Fasteners market to grow at a CAGR of 8.41 percent over the period 2011–2015. One of the key factors contributing to this market growth is increased investments in the Automotive sector in developing countries. The Global Industrial Fasteners market has also been witnessing increased competition, which is forcing vendors to reduce the price of fasteners. However, the European Union’s anti-dumping regulation, which decreasing the adoption rate, could pose a challenge to the growth of this market.
