Enormous End-User Industries Setting the Tone for North American Industrial Fasteners Market
Published: May 2021
North American industrial fasteners is estimated to display a steady CAGR of 4.2% during the forecast period (2021-2027). The demand for industrial fasteners in the residential sector is expected to witness higher growth in North America, especially in the US where more than 75% of the demand is expected to arise.
Automobile and Various Other End-User Industries to Create Significant Demand for Indian Industrial Fasteners Market
Published: May 2021
The Indian industrial fasteners market is estimated to exhibit a steady CAGR of 6.0% during the forecast period (2021-2027). India and China hosted 36% of the world’s population in 2020, representing consumers with rapidly rising disposable incomes coupled with an attractive demographic dividend and constructive regulatory regimes.
Favorable Regulations Coupled with Stimulating Demand from End-user Industries to Pave Way for Industrial Fasteners
Published: May 2021
Europe industrial fasteners is estimated to record a healthy CAGR during the forecast period (2020-2026). In recent years, there has been a strong institutional interest and participation in sustainable industrial production and manufacture.
Construction Industry to be the Pedestal for the Growth of Asia-Pacific Industrial Fasteners Market
Published: May 2021
The Asia-Pacific industrial fasteners market is estimated to witness a strong CAGR of 5.8% during the forecast period (2021-2027). India, China, Australia, South Korea, and Japan are leading the market growth in the APAC region.
Budding End-User Industries Including Construction to Set the Tone for Industrial Fasteners
Published: May 2021
The global industrial fasteners market is estimated to record a substantial CAGR of 4.3% during the forecast period (2021-2027). The world is moving towards the use of renewable energy sources to reduce carbon emissions.
Increasing Spending In Infrastructure Projects is Driving North American Concrete Reinforcing Fiber Market
Published: May 2021
North American concrete reinforcing fiber market is estimated to grow at a CAGR of 4.7% during the forecast period. The growing spending on infrastructure projects has been witnessed in the region. As per the White House, in the 2020 budget, the US President has recommended to pass legislation that generates a minimum of $1 trillion in infrastructure investment.
Rising industrialization is Driving European Concrete Reinforcing Fiber Market
Published: May 2021
European concrete reinforcing fiber market is estimated to grow at a CAGR of 4.2% during the forecast period. Growing industrialization is one of the key factors that is supporting the growth of the market. As per the Eurostat, in the EU, industrial production has surpassed the level reported in 2018.
Rising Industrialization to Offer an Opportunity for Asia-Pacific Concrete Reinforcing Fiber Market
Published: May 2021
Asia-Pacific concrete reinforcing fiber market is estimated to grow at a CAGR of 5.4% during the forecast period. Growing industrialization is one of the major factors in driving market growth. Rising industrialization has been witnessed coupled with favorable government initiatives to boost the manufacturing sector.
Expansion of Telecom and IT Sector to Drive the US Industrial Power Supply Market
Published: May 2021
The US industrial power supply market is estimated to grow at a CAGR of 5.2% during the forecast period. The expansion of the telecom and IT sector is one of the key factors that are supporting the adoption of power supply devices in the country.
Rising Military Spending to Reflect Positively on Germany Industrial Power Supply Market
Published: May 2021
Germany industrial power supply market is estimated to grow at a CAGR of 4.8% during the forecast period. Rising military spending is one of the crucial factors that is expected to drive the demand for power supply devices in the country. In 2019, Germany’s military spending increased by 10%, to $49.3 billion.