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Article Title: World Demand for Industrial Fasteners to Approach $83 Billion in 2016
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Publication: American Fastener Journal, 10/4/2012
Freedonia Study: World Industrial Fasteners (2915)

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Global sales of industrial fasteners are expected to climb 5.2 percent per year to $82.9 billion in 2016, accelerating from the 2006-2011 rate of expansion. The economies of many countries around the world will continue to recover from the global recession of 2009, spurring growth in durable goods output, which largely determines worldwide fastener sales.
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Article Title: World demand for industrial fasteners to approach US$83 billion in 2016
By: Mike Edwards
Publication: Design Product News, 3/4/2013
Freedonia Study: World Industrial Fasteners (2915)

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Global sales of industrial fasteners are expected to climb 5.2% per year to $82.9 billion in 2016, accelerating from the 2006-2011 rate of expansion. The economies of many countries around the world will continue to recover from the global recession of 2009, spurring growth in durable goods output, which largely determines worldwide fastener sales. In 2011, motor vehicle original equipment manufacturing was the largest market for industrial fasteners, and this market will post the largest gains through 2016 in value terms. Also, accelerations in manufacturing output and fixed investment spending will lead to increased demand for fasteners used in machinery. However, intensifying competition from alternative joining technologies (such as adhesives) will restrain fastener sales increases in some market segments. These and other trends are presented in World Industrial Fasteners, a new study from The Freedonia Group, Inc., a Cleveland-based industry market research firm
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Article Title: Global Industrial Fastener Demand at $83b by 2016
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Publication: Globel Fastner News, 4/9/2013
Freedonia Study: World Industrial Fasteners (2915)

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"This expansion will be driven primarily by the strong Chinese market, which will continue to advance at a rapid pace despite moderating from the 2006-2011 rate. Rising demand in the smaller Indian market will complement these gains, as sales in this country will climb at the most rapid pace worldwide through 2016.
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Article Title: Fastener makers expanding ops
By: David Tan
Publication: The Star (Malaysia), 7/29/2013
Freedonia Study: World Industrial Fasteners (2915)

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GEORGE TOWN: Rising demand for fasteners and polyvinyl-chloride (PVC) packaging materials in the Asia-Pacific, Asean and the Middle East is prompting local manufacturers to expand their business this year amid a challenging global economy. Chin Well Holdings Bhd is expanding its business this year to tap the growing global fastener sales, which according to The Freedonia Group, an industry market research firm, is expected to rise by 5.2% yearly to US$82.9bil (RM266bil) in 2016.
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