2008-10-10 11:38:33 - Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report providing an overview of the global market of industrial fasteners.

The report 'World Industrial Fasteners', available at www.reportbuyer.com/go/FED00227 projects the global demand for industrial fasteners to increase 4.8 percent annually reaching $66 billion in 2012. Growing at a compound annual growth rate (CAGR) of nearly 9 percent since 2002, fastener demand reached $52 billion in 2007. Although part of this growth is inflationary in nature, real

gains in demand have been fuelled by a global economic growth, increased fixed investment activity and greater manufacturing production.

According to authors of the report, despite future market gains being somewhat constrained by the use of new materials and manufacturing methods that reduce the numbers of fasteners required, global gains in motor vehicle production and greater demand for aerospace grade fasteners required for aircraft will contribute to growth.

The 372-page report offers invaluable information, including historical demand data (1997, 2002 and 2007), forecasts for 2012 and 2017 by market sector, fastener type, world region and for 29 countries. Furthermore, the study also assesses key market drivers and technologies, evaluates market shares and profiles 41 global competitors.

'World Industrial Fasteners' is available from Report Buyer. Please go to:
www.reportbuyer.com/industry_manufacturing/misc_industry_manufac ..

Report Buyer product ID: FED00227

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